<SEC-DOCUMENT>0001193125-18-067440.txt : 20180301
<SEC-HEADER>0001193125-18-067440.hdr.sgml : 20180301
<ACCEPTANCE-DATETIME>20180301165331
ACCESSION NUMBER:		0001193125-18-067440
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		138
CONFORMED PERIOD OF REPORT:	20171231
FILED AS OF DATE:		20180301
DATE AS OF CHANGE:		20180301

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MBIA INC
		CENTRAL INDEX KEY:			0000814585
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		IRS NUMBER:				061185706
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09583
		FILM NUMBER:		18658340

	BUSINESS ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
		BUSINESS PHONE:		914-273-4545

	MAIL ADDRESS:	
		STREET 1:		1 MANHATTANVILLE ROAD
		STREET 2:		SUITE 301
		CITY:			PURCHASE
		STATE:			NY
		ZIP:			10577
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>d437986d10k.htm
<DESCRIPTION>FORM 10-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 10-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:18pt; font-family:ARIAL" ALIGN="center"><B>Form <FONT
STYLE="white-space:nowrap">10-K</FONT> </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B></B><FONT STYLE="font-family:Times New Roman">&#9746;</FONT><B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:ARIAL"><B>For the
fiscal year ended December&nbsp;31, 2017 </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>or </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:12pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><B></B><FONT STYLE="font-family:Times New Roman">&#9744;</FONT><B></B><B></B></TD>
<TD ALIGN="left" VALIGN="top"><B>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></TD></TR></TABLE> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:5%; font-size:10pt; font-family:ARIAL"><B>For
the transition period from&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Commission File Number <FONT STYLE="white-space:nowrap">1-9583</FONT> </B></P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:22pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>(Exact name of registrant as
specified in its charter) </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Connecticut</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">06-1185706</FONT></B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(State&nbsp;of&nbsp;incorporation)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>(I.R.S.&nbsp;Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Identification&nbsp;No.)</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>1 Manhattanville Road, Suite 301, Purchase,&nbsp;New&nbsp;York</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>10577</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(Address&nbsp;of&nbsp;principal&nbsp;executive&nbsp;offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Registrant&#146;s telephone number, including area code: <FONT STYLE="white-space:nowrap">(914)&nbsp;273-4545</FONT>
</B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Securities registered pursuant to Section&nbsp;12(b) of the Act: </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:68.80pt; display:inline; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>Title of each class</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Name&nbsp;of&nbsp;each&nbsp;exchange</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; width:91.15pt; display:inline; font-size:8pt; font-family:ARIAL; " ALIGN="center"><B>on which registered</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Common Stock, par value $1 per share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>New&nbsp;York&nbsp;Stock&nbsp;Exchange</B></TD></TR>
</TABLE> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Securities registered pursuant to Section&nbsp;12(g) of the Act: </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>None </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark if the registrant is
a well-known seasoned issuer, as defined in Rule 405 of the Securities
Act.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9746;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark if the registrant is not required to file reports pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the
Act.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9746;</FONT> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark whether the registrant (1)&nbsp;has filed all reports required to be filed by Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)&nbsp;has been subject to such filing requirements for the past 90 days.&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT
STYLE="font-family:Times New Roman">&#9746;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT> </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check
mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation <FONT STYLE="white-space:nowrap">S-T</FONT>
(&#167;232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such
files).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9746;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark if disclosure of delinquent filers pursuant to Item&nbsp;405 of Regulation <FONT STYLE="white-space:nowrap">S-K</FONT> is not contained herein, and
will not be contained, to the best of registrant&#146;s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> or any amendment to this Form <FONT
STYLE="white-space:nowrap">10-K.&nbsp;&nbsp;</FONT><FONT STYLE="font-family:Times New Roman">&#9746;</FONT> </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a <FONT STYLE="white-space:nowrap">non-accelerated</FONT> filer, a smaller reporting company, or an emerging growth company. See definitions of &#147;large accelerated filer,&#148; &#147;accelerated
filer,&#148; &#147;smaller reporting company,&#148; and &#147;emerging growth company&#148; in Rule <FONT STYLE="white-space:nowrap">12b-2</FONT> of the Exchange Act. </P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom">Large&nbsp;accelerated&nbsp;filer</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman">&#9746;</FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Accelerated&nbsp;filer</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Non-accelerated&nbsp;filer</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT>&nbsp;&nbsp;(Do not check if a smaller reporting company)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Smaller&nbsp;reporting&nbsp;company</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Emerging growth company</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a) of the Exchange Act.&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Indicate by check mark whether the Registrant is a shell company (as defined in Rule <FONT STYLE="white-space:nowrap">12b-2</FONT> of the
Act).&nbsp;&nbsp;&nbsp;&nbsp;Yes&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9744;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="font-family:Times New Roman">&#9746;</FONT> </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">The aggregate market value of the voting stock held by <FONT STYLE="white-space:nowrap">non-affiliates</FONT> of the Registrant as of June&nbsp;30, 2017 was
$1,141,143,207. </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">As of February&nbsp;22, 2018, 88,763,473&nbsp;shares of Common Stock, par value $1 per share, were outstanding. </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL" ALIGN="center"><B>Documents incorporated by reference: </B></P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:9pt; font-family:ARIAL">Portions of the Definitive
Proxy Statement of the Registrant for its 2017 Annual Meeting, which will be filed on or before March&nbsp;31, 2018, are incorporated by reference into Part III of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc"></A>TABLE OF CONTENTS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>PART I</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 1.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_1">Business</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;1A.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_2">Risk Factors</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;1B.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_3">Unresolved Staff Comments</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;2.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_4">Properties</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;3.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_5">Legal Proceedings</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;4.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_6">Mine Safety Disclosures</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>PART II</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;5.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_7">Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;6</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_8">Selected Financial Data</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;7.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_9">Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations
</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;7A.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_10">Quantitative and Qualitative Disclosures About Market Risk</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 8.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_11">Financial Statements and Supplementary Data</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 9.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_12">Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;9A.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_13">Controls and Procedures</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 9B.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_14">Other Information</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>PART III</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 10.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_15">Directors, Executive Officers and Corporate Governance</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item 11.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_16">Executive Compensation</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;12.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_17">Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
 Matters</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;13.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_18">Certain Relationships and Related Transactions, and Director Independence</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">159</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;14.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_19">Principal Accounting Fees and Services</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">159</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>PART IV</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Item&nbsp;15.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><A HREF="#toc437986_20">Exhibits, Financial Statement Schedules</A></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_21">Signatures</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_22">Schedule I</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_23">Schedule II</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL"><A HREF="#toc437986_24">Schedule IV</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>FORWARD-LOOKING AND CAUTIONARY STATEMENTS </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">This annual report of MBIA Inc., together with its consolidated subsidiaries, (collectively, &#147;MBIA&#148;, the &#147;Company&#148;, &#147;we&#148;, &#147;us&#148; or
&#147;our&#148;) includes statements that are not historical or current facts and are &#147;forward-looking statements&#148; made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The words
&#147;believe&#148;, &#147;anticipate&#148;, &#147;project&#148;, &#147;plan&#148;, &#147;expect&#148;, &#147;estimate&#148;, &#147;intend&#148;, &#147;will likely result&#148;, &#147;looking forward&#148;, or &#147;will continue&#148; and similar
expressions identify forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those presently anticipated or projected. MBIA
cautions readers not to place undue reliance on any such forward-looking statements, which speak only to their respective dates. We undertake no obligation to publicly correct or update any forward-looking statement if the Company later becomes
aware that such result is not likely to be achieved. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following are some of the general factors that could affect financial performance or could cause actual
results to differ materially from estimates contained in or underlying the Company&#146;s forward-looking statements: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">increased credit losses or impairments on public finance obligations that National Public Finance Guarantee Corporation (&#147;National&#148;) insures issued by state, local and territorial governments and finance
authorities and other providers of public services, located in the U.S. or abroad, that are experiencing fiscal stress; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the possibility that loss reserve estimates are not adequate to cover potential claims; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">a disruption in the cash flow from our subsidiaries or an inability to access the capital markets and our exposure to significant fluctuations in liquidity and asset values in the global credit markets as a result of
collateral posting requirements; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our ability to fully implement our strategic plan; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the possibility that MBIA Insurance Corporation will have inadequate liquidity or resources to timely pay claims as a result of higher than expected losses on certain structured finance transactions or as a result of a
delay or failure in collecting expected recoveries, which could lead the New York State Department of Financial Services (&#147;NYSDFS&#148;) to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Article 74 of the
New York Insurance Law and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA Insurance Corporation&#146;s policyholders; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">deterioration in the economic environment and financial markets in the United States or abroad, real estate market performance, credit spreads, interest rates and foreign currency levels; and </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">the effects of changes to governmental regulation, including insurance laws, securities laws, tax laws, legal precedents and accounting rules. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The above factors provide a summary of and are qualified in their entirety by the risk factors discussed under &#147;Risk Factors&#148; in Part I, Item&nbsp;1A included
of this Annual Report on Form <FONT STYLE="white-space:nowrap">10-K.</FONT> The Company encourages readers to review these risk factors in their entirety. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">This
annual report of MBIA Inc. also includes statements of the opinion and belief of MBIA management which may be forward-looking statements subject to the preceding cautionary disclosure. Unless otherwise indicated herein, the basis for each statement
of opinion or belief of MBIA management in this report is the relevant industry or subject matter experience and views of certain members of MBIA&#146;s management. Accordingly, MBIA cautions readers not to place undue reliance on any such
statements, because like all statements of opinion or belief they are not statements of fact and may prove to be incorrect. We undertake no obligation to publicly correct or update any statement of opinion or belief if the Company later becomes
aware that such statement of opinion or belief was not or is not then accurate. In addition, readers are cautioned that each statement of opinion or belief may be further qualified by disclosures set forth elsewhere in this report or in other
disclosures by MBIA. </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>PART I </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_1">
</A>Item&nbsp;1. Business </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As used in this Annual Report on Form <FONT STYLE="white-space:nowrap">10-K,</FONT> (i) &#147;MBIA,&#148; the &#147;Company,&#148;
&#147;we,&#148; &#147;our&#148; and &#147;us&#148; refer to MBIA Inc., a Connecticut corporation incorporated in 1986, together with its subsidiaries, and (ii)&nbsp;unless otherwise indicated or the context otherwise requires, references to
&#147;MBIA Corp.&#148; are (i)&nbsp;for any references relating&nbsp;to the period ended January&nbsp;10, 2017, to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK Insurance Limited (&#147;MBIA UK&#148;), and MBIA Mexico S.A. de
C.V (&#147;MBIA Mexico&#148;) and (ii)&nbsp;for any references relating to the period after January&nbsp;10, 2017, to MBIA Insurance Corporation together with MBIA Mexico. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OVERVIEW </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s primary business has been to provide
financial guarantee insurance to the United States&#146; public finance markets through our indirect, wholly-owned subsidiary, National Public Finance Guarantee Corporation (&#147;National&#148;). National&#146;s financial guarantee insurance
policies provide investors with unconditional and irrevocable guarantees of the payment of the principal, interest or other amounts owing on insured obligations when due. In June of 2017, National was downgraded by Standard&nbsp;&amp; Poor&#146;s
Financial Services LLC (&#147;S&amp;P&#148;), and the Company subsequently determined that National would cease pursuing the writing of new financial guarantee policies. National&#146;s primary activity today is to provide ongoing surveillance of
its existing insured portfolio of $71.9&nbsp;billion gross par outstanding as of December&nbsp;31, 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s primary focus today is on ensuring that
adequate liquidity exists at MBIA Inc. to satisfy all of its outstanding obligations, mitigating losses at National and MBIA Corp., including National&#146;s exposures to insured debt obligations of the Commonwealth of Puerto Rico, as described
further herein, and maximizing recoveries on paid insurance claims. The Company may also pursue strategic alternatives that could enhance shareholder value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA
has also provided financial guarantee insurance in the international and structured finance markets through its MBIA Corp. subsidiary. MBIA Corp. continues to manage its insured portfolio, which has reduced substantially from $331.2&nbsp;billion as
of December&nbsp;31, 2007 to $15.1&nbsp;billion as of December&nbsp;31, 2017. Effective on January&nbsp;10, 2017, MBIA Corp.&#146;s wholly-owned subsidiary, MBIA UK (Holdings) Limited (&#147;MBIA UK Holdings&#148;), the parent company to MBIA UK,
sold MBIA UK, to Assured Guaranty Corp. (&#147;Assured&#148;), a subsidiary of Assured Guaranty Ltd. We do not expect MBIA Corp. to write any significant new policies in the foreseeable future in light of accumulated losses and <FONT
STYLE="white-space:nowrap">non-policy</FONT> claims related to our subordinate surplus note holders, preferred stock holders, and other lenders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Given MBIA
Corp.&#146;s capital structure and business prospects, we do not expect its financial performance to have a material impact on MBIA Inc. Refer to &#147;Results of Operations&#151;Capital Resources&#148; in Part II, Item 7 of this Form <FONT
STYLE="white-space:nowrap">10-K</FONT> for a further discussion of MBIA Corp.&#146;s insurance statutory capital. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Services Corporation (&#147;MBIA
Services&#148;), also owned by MBIA Inc., is a service company which provides support services such as surveillance, risk management, legal, accounting, treasury and information technology, among others, to our businesses on a <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">fee-for-service</FONT></FONT> basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA completed the sale of its asset management advisory services
business operated under Cutwater Holdings LLC, during the first quarter of 2015. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. Capital Management </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages its capital and liquidity in order to ensure that it can service its debt and other financial obligations and pay its operating costs while
maintaining an adequate cushion against adverse events. MBIA Inc. has consistently received dividends from National and releases from the tax escrow account over the past several years and currently maintains a stable liquidity position which is
expected to allow it to service its obligations over the next several years without needing to access the capital markets. Our capital management strategies include enhancing shareholder value by (i)&nbsp;having the Company or National repurchase
outstanding MBIA Inc. common shares when management deems such actions are appropriate, taking into account the price of the stock, anticipated liquidity needs, and other relevant factors and (ii)&nbsp;retiring our unsecured debt through calls and
repurchases at prices that create economic benefit to the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">1 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, the Company and National collectively repurchased 43&nbsp;million shares at a cost of $325&nbsp;million
under repurchase authorizations approved by the Board in February of 2016 and June of 2017. During 2016, the Company and National collectively repurchased 16.6&nbsp;million shares at a cost of $105&nbsp;million under repurchase authorizations
approved by the Board in October of 2015 and February of 2016. During 2015, the Company repurchased 31.9&nbsp;million shares at a cost of $233&nbsp;million under repurchase authorizations approved by the Board in October of 2014 and July of 2015. In
addition, National purchased eight million shares at a cost of $70&nbsp;million under a <FONT STYLE="white-space:nowrap">one-time</FONT> authorization approved by the Board in May of 2015. At each time of repurchase, management and the Board viewed
such use of available capital as the best alternative for capital management. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Unsecured debt includes MBIA Inc.&#146;s senior notes and medium-term notes
(&#147;MTNs&#148;) issued by its subsidiary MBIA Global Funding, LLC (&#147;GFL&#148;). During 2017, the Company repurchased $160&nbsp;million and repaid $38&nbsp;million related to GFL debt. During 2016, the Company repurchased $6&nbsp;million and
repaid $123&nbsp;million related to GFL debt. During 2015, the Company repurchased $50&nbsp;million of debt issued by MBIA Inc. or GFL, and repaid $78&nbsp;million related to GFL debt. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In each of the fourth quarters of 2017 and 2016, National declared and paid dividends of $118&nbsp;million, to its ultimate parent, MBIA Inc. In addition, during the
first quarters of 2018 and 2017, MBIA Inc. received $18&nbsp;million and $94&nbsp;million, respectively, in cash from an escrow account held by MBIA Inc. under the MBIA group&#146;s tax sharing agreement as described further under
&#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#150;&#150;Liquidity&#150;&#150;Corporate Liquidity&#148; in Part II, Item 7 of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>National Risk Mitigation </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s most significant risk is credit
risk in its large and diverse insured portfolio of domestic public finance credits. National&#146;s risk mitigation strategy is premised on proactive portfolio management, including surveillance of financial performance and covenant compliance, the
exercise of creditor rights, remediation and &#150; in select cases &#150; workouts of distressed credits. National&#146;s approach generally focuses on the early detection of stress and proactive intervention, though its rights and its ability to
take certain actions on a particular credit will always be case-specific. As part of its remediation efforts, National may elect to facilitate and participate in refinancings of existing credit exposures where the new transaction will have the
anticipated effect of improving the issuer&#146;s ability to service its debt and strengthen National&#146;s legal security or covenant package. National may also seek to purchase its own insured obligations as part of an overall risk mitigation
strategy, subject to internal and regulatory limitations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Presently, the most distressed credits in National&#146;s portfolio are obligations issued by the
Commonwealth of Puerto Rico and certain of its instrumentalities. As described further herein, four of these credits, the Commonwealth&#146;s General Obligation Bonds, the Puerto Rico Sales Tax Financing Corporation (&#147;COFINA&#148;), the Puerto
Rico Highways and Transportation Authority (&#147;PRHTA&#148;) and the Puerto Rico Electric Power Authority (PREPA) have been placed into bankruptcy-like processes under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act
(&#147;PROMESA&#148;). For additional information relating to the risks arising from National&#146;s Puerto Rico exposures, refer to the &#147;Insured Portfolio Loss Related Risk Factors&#148; section in Part I, Item 1A of this Form <FONT
STYLE="white-space:nowrap">10-K.</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Corp. Risk Mitigation </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA
Corp. has not written a meaningful amount of new business since 2008 as a result of declining financial capacity, ratings downgrades and regulatory limitations placed on its business. Since that time it has experienced considerable stress as a
result of unprecedented levels of loss in its structured finance insurance business, primarily in its residential mortgage-backed securities (&#147;RMBS&#148;), commercial mortgage-backed securities (&#147;CMBS&#148;) pools, and collateralized debt
obligation (&#147;CDO&#148;) portfolios. As a result, since 2008, MBIA Corp.&#146;s strategy has focused primarily on recovering losses on insured RMBS transactions related to the failure of certain RMBS sellers/servicers to honor their contractual
obligations to repurchase ineligible mortgage loans from securitizations that MBIA Corp. insured, reducing future expected economic losses in the insured portfolio through commutations and other risk mitigation strategies, and managing liquidity. To
date, MBIA Corp. has settled the majority of its claims related to the improper inclusion of ineligible mortgage loans in insured securitizations, except with regards to its claims against Credit Suisse, which it estimates as totaling
$436&nbsp;million as of December&nbsp;31, 2017. Refer to &#147;Note 6: Loss and Loss Adjustment Expense&#148; in the Notes to Consolidated Financial Statements in Part II, Item&nbsp;8 of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> for
further information regarding loss reserves and recoveries. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">2 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our liquidity and capital forecasts for MBIA Corp. and projected collections of the remaining <FONT
STYLE="white-space:nowrap">put-back</FONT> recoverable, excess spread (the difference between interest inflows on assets and interest outflows on liabilities in our insured RMBS transactions) and the Zohar CDOs reflect resources that we expect to be
adequate to pay expected insurance claims. However, there can be no assurance that MBIA Corp. will realize its expected recoveries in full or on its projected timeframe. Refer to &#147;Risk Factors-MBIA Corp. Risk Factors-Continuing elevated loss
payments and delay or failure in realizing expected recoveries on insured transactions may materially and adversely affect MBIA Insurance Corporation&#146;s statutory capital and its ability to meet liquidity needs and could cause the New York State
Department of Financial Services (the &#147;NYSDFS&#148;) to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding if the NYSDFS concludes that MBIA Insurance Corporation will not be able to pay expected insurance
claims,&#148; in Part&nbsp;I, Item&nbsp;1A of this <FONT STYLE="white-space:nowrap">Form&nbsp;10-K.</FONT> Given the separation of MBIA Inc. and MBIA Corp. as distinct legal entities, the absence of any cross defaults between the entities, and the
lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of dividends, we do not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by the NYSDFS would have any significant long-term liquidity impact on MBIA
Inc. or result in a liquidation or similar proceeding of MBIA Mexico. <B> </B></P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR INSURANCE OPERATIONS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our U.S. public finance insurance portfolio is managed through National, and our international and structured finance insurance portfolios are managed through MBIA
Corp. We do not expect National or MBIA Corp. to write new business for the foreseeable future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have been compensated for our insurance policies by insurance
premiums that were paid upfront or on an installment basis. Our financial guarantee insurance was offered in both the new issue and secondary markets. In addition, we have provided financial guarantees or sureties to debt service reserve funds. The
primary risk in our insurance operations is that of adverse credit performance in the insured portfolio. When writing new business we sought to maintain a diversified insured portfolio and have insured transactions with the aim of managing and
diversifying risk based on a variety of criteria including revenue source, issue size, type of asset, industry concentrations, type of bond and geographic location. Despite this objective, there can be no assurance that we will avoid losses on
multiple credits as a result of a single event or series of events. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because we generally guarantee to the holder of an insured obligation the timely payment of
amounts due on the obligation in accordance with its original payment schedule, in the case of a default or other triggering event, payments under the insurance policy generally cannot be accelerated against us unless we consent to the acceleration.
In the event of a default, however, we may have the right, in our sole discretion, to accelerate the obligations and pay them in full. Otherwise, we are required to pay principal, interest or other amounts only as scheduled payments come due, even
if the holders are permitted by the terms of the insured obligations to have the full amount of principal, accrued interest or other amounts due, declared due and payable immediately in the event of a default. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our payment obligations after a default vary by deal and by insurance type. Our public finance insurance generally insures scheduled interest and principal. Our
structured finance policies generally insure (i)&nbsp;timely interest and ultimate principal; (ii)&nbsp;ultimate principal only at final maturity; or, (iii)&nbsp;payments upon settlement of individual collateral losses as they occur after any
deductible or subordination has been exhausted. With respect to the insurance of certain derivative transactions, including credit default swap (&#147;CDS&#148;) contracts written in the international and structured finance insurance segment, in
certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS contracts, the CDS contracts may be subject to termination by the counterparty, triggering a claim for the fair value of the contract. Our U.S.
public finance segment did not write insurance in CDS form and therefore its policies do not feature this potential trigger. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the event of a default in the
payment of principal, interest or other insured amounts by an issuer, the insurance company will make funds available in the insured amount generally within one to three business days following notification. Longer timeframes may apply for
international transactions. Generally, our insurance companies provide for this payment upon receipt of proof of ownership of the obligations due, as well as upon receipt of instruments appointing the insurer as agent for the holders and evidencing
the assignment of the rights of the holders with respect to the payments made by the insurer or other appropriate documentation. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">3 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>National Insured Portfolio </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s insured portfolio consists of municipal bonds, including <FONT STYLE="white-space:nowrap">tax-exempt</FONT> and taxable indebtedness of U.S. political
subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance
projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, user fees or tariffs related to the use of these projects,
lease payments or other similar types of revenue streams. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, National had $71.9&nbsp;billion of insured gross par outstanding on U.S.
public finance obligations covering 4,753 policies and diversified among 2,585 &#147;credits,&#148; which we define as any group of issues supported by the same revenue source. Insurance in force, which includes all insured debt service, as of
December&nbsp;31, 2017 was $134.0&nbsp;billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All of the policies were underwritten on the assumption that the insurance will remain in force until maturity or
early retirement of the insured obligations. National estimates that the average life of its domestic public finance insurance policies in force as of December&nbsp;31, 2017 was 10 years. The average life was determined by applying a weighted
average calculation, using the remaining years to contractual maturity and weighting them on the basis of the remaining debt service insured. No assumptions were made for any future refundings, early redemptions or terminations of insured issues.
Average annual insured debt service on the portfolio as of December&nbsp;31, 2017 was $7.9&nbsp;billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s underwriting guidelines limited the
insurance in force for any one insured credit, and for other categories such as geography. In addition, National is subject to regulatory single-risk limits with respect to any insured bond issue. See the &#147;Insurance Regulation&#148; section
below for a description of these regulatory requirements. As of December&nbsp;31, 2017, National&#146;s gross par amount outstanding for its ten largest insured U.S. public finance credits totaled $10.8&nbsp;billion, representing 15.0% of
National&#146;s total U.S. public finance gross par amount outstanding. Refer to &#147;Note 13: Insurance in Force&#148; in the Notes to Consolidated Financial Statements in Part II, Item&nbsp;8 of this Form
<FONT STYLE="white-space:nowrap">10-K</FONT> for further information regarding the Company&#146;s insured portfolio. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Corp. Insured Portfolio </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s insured portfolio consists of policies that insure various types of international public finance and global structured finance obligations that were
sold in the new issue and secondary markets or are referenced in CDS contracts. International public finance obligations include bonds and loans extended to entities located outside of the U.S., including utilities, infrastructure projects and
sovereign-related and <FONT STYLE="white-space:nowrap">sub-sovereign</FONT> issuers, such as regions, authorities or their equivalent as well as sovereign owned entities that might be supported by a sovereign state, region or authority.
Sovereign-related includes Private Finance Initiative transactions that involve private entities that receive contractual payments for providing services to public sector entities. Global structured finance obligations include asset-backed
transactions and financing of commercial activities that are typically secured by undivided interests or collateralized by the related assets or cash flows or, in the case of certain CDS transactions, reference the underlying obligations. Certain
policies cover payments potentially due under CDS, including termination payments that may become due in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS or derivative contracts by the insured
counterparty or by the&nbsp;guarantor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, MBIA Corp. had 388 policies outstanding in its insured portfolio. In addition, MBIA Corp. had
67 insurance policies outstanding relating to liabilities issued by MBIA Inc. and its subsidiaries, which are described further under the section &#147;Affiliated Financial Obligations Insured by MBIA Corp.&#148; below. MBIA Corp.&#146;s total
policies in its insured portfolio are diversified among 254 &#147;credits,&#148; which we define as any group of policies supported by the same revenue source. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">4 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, the gross par amount outstanding of MBIA Corp.&#146;s insured obligations (excluding
$1.5&nbsp;billion of MBIA insured investment agreements, MTNs and the MBIA Corp. Financing Facility and $44.9&nbsp;billion of U.S. public finance debt ceded to National), was $15.1&nbsp;billion. Insurance in force for the above portfolio, which
includes all insured debt service, as of December&nbsp;31, 2017 was $21.0&nbsp;billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. estimates that the average life of its international and
structured finance insurance policies in force as of December&nbsp;31, 2017 is 8 years. The average life was determined by applying a calculation using the remaining years to contractual maturity for international public finance obligations and
estimated maturity for structured finance obligations and weighting them on the basis of the remaining debt service insured. No assumptions were made for any future refundings, early redemptions or terminations of insured issues. Average annual
insured debt service on the portfolio as of December&nbsp;31, 2017 was $1.8&nbsp;billion. Refer to &#147;Note 13: Insurance in Force&#148; in the Notes to Consolidated Financial Statements in Part II, Item&nbsp;8 of this Form <FONT
STYLE="white-space:nowrap">10-K</FONT> for further information regarding the Company&#146;s insured portfolio. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Affiliated Financial Obligations Insured by MBIA
Corp. </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to 2008, MBIA Inc. provided customized investment agreements by MBIA Inc. and one of its subsidiaries, GFL, issued MTNs with varying maturities.
Each of these obligations is guaranteed by MBIA Corp. GFL lent the proceeds of its GFL MTN issuances to MBIA Inc. As a result of ratings downgrades of MBIA Corp., MBIA Inc. is required to post collateral for the remaining investment agreements.
Since the ratings downgrades of MBIA Corp. that began in 2008, we have not issued new MTNs or investment agreements. The investment agreements are currently fully collateralized with high quality assets. We believe the outstanding investment
agreements and MTNs and corresponding asset balances will continue to decline over time as the liabilities mature, terminate, or are repurchased by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
January of 2017, MBIA Corp. executed a financing facility (the &#147;Facility&#148;) with affiliates of certain holders of 14% <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Surplus Notes of
MBIA Corp. (collectively, the &#147;Senior Lenders&#148;), and with MBIA Inc., pursuant to which the Senior Lenders have provided $325&nbsp;million of senior financing and MBIA Inc. has provided $38&nbsp;million of subordinated financing to MZ
Funding LLC (&#147;MZ Funding&#148;), a newly formed wholly-owned subsidiary of the Company, which in turn lent the proceeds of such financing to MBIA Corp. MBIA Corp. issued financial guarantee insurance policies insuring MZ Funding&#146;s
obligations under the Facility. Refer to &#147;Note 10: Debt&#148; in the Notes to Consolidated Financial Statements in Part&nbsp;II, Item&nbsp;8 of this <FONT STYLE="white-space:nowrap">Form&nbsp;10-K</FONT> for further information on the Facility.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Risk Management </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our largest risk is the credit exposure in our insured
portfolio. The Company&#146;s credit risk management and remediation functions are managed through committees and units that oversee risks in ongoing portfolio monitoring, surveillance and remediation. The Company&#146;s Insured Portfolio Management
Division (&#147;IPM&#148;) monitors and remediates U.S. public finance transactions, global structured finance and international public finance risks. National and MBIA Insurance Corporation each has risk and investment committees to review
investment and portfolio-related decisions. On an enterprise-wide basis, executive committees provide risk oversight. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s Risk Oversight Committee
(the &#147;Risk Oversight Committee&#148;) reviews transactions not otherwise reviewable by the subsidiary risk committees, and provides firm-wide review of policies and decisions related to credit, market, operational, legal, financial and business
risks. The Company&#146;s Loss Reserve Committees review loss reserve activity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s Board of Directors and its Committees oversee risks faced by the
Company and its subsidiaries. The Board regularly evaluates and discusses risks associated with strategic initiatives.&nbsp;On an annual basis, the Board also evaluates and approves the Company&#146;s risk tolerance policy.&nbsp;The purpose of the
risk tolerance policy is to delineate the types and amounts of risks the Company is prepared to accept. This policy provides the basis upon which risk criteria and procedures are developed and seeks to have these applied consistently across the
Company. The Board&#146;s Audit Committee and Finance and Risk Committee meaningfully participate in the oversight of risks faced by the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">5 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Audit Committee oversees risks associated with financial and other reporting, auditing, legal and regulatory
compliance, and risks that may otherwise result from the Company&#146;s operations. The Audit Committee oversees these risks by monitoring (i)&nbsp;the integrity of the financial statements of the Company and of other material financial disclosures
made by the Company, (ii)&nbsp;the qualifications, independence and performance of the Company&#146;s independent auditor, (iii)&nbsp;the performance of the Company&#146;s internal audit function, (iv)&nbsp;the Company&#146;s compliance policies and
procedures and its compliance with legal and regulatory requirements, and (v)&nbsp;the performance of the Company&#146;s operational risk management function. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Finance and Risk Committee oversees the Company&#146;s credit risk governance framework, market risk, liquidity risk and other material financial risks. The Finance and Risk Committee oversees these risks by monitoring the Company&#146;s:
(i)&nbsp;capital and liquidity, (ii)&nbsp;proprietary investment portfolios, (iii)&nbsp;exposure to changes in the market value of assets and liabilities, (iv)&nbsp;credit exposures in the Insured Portfolios, and (v)&nbsp;financial risk policies and
procedures, including regulatory requirements and limits. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">At each regular meeting of the Board, the Chairs of each of these committees report to the full Board
regarding the meetings and activities of their respective committees. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s Risk Oversight Committee has designated a Models Governance Team. Given
the significance of models in the Company&#146;s surveillance, financial reporting and corporate treasury operations, among other activities, the Company established a Models Risk Governance Policy to enhance the reliability, maintenance and
transparency of its models so that models risk can be mitigated on an enterprise-wide basis. The Models Governance Team is responsible for the Models Risk Governance Policy as well as other Models Governance related initiatives. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insurance Monitoring and Remediation </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We monitor and remediate our existing
insured portfolios on an ongoing basis. Although our monitoring and remediation activities vary somewhat by sector and bond type, in all cases we focus on assessing event risk and possible losses under stress. </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>U.S. Public Finance:</I> For U.S. public finance, our underwriting at origination and ongoing monitoring focuses on economic and political trends, issuer or project debt and financial management, construction and
start up risk, adequacy of historical and anticipated cash flows under stress, satisfactory legal structure and bond security provisions, viable tax and economic bases, including consideration of tax limitations and unemployment trends, adequacy of
stressed loss coverage and project feasibility, including satisfactory reports from consulting engineers, traffic advisors and others, if applicable. Depending on the transaction, specialized cash flow analyses may be conducted to understand loss
sensitivity. In addition, specialized credit analysts consider the potential event risk of natural disasters or headline events on both single transactions and across a sector, as well as regulatory issues. U.S. public finance transactions are
monitored by reviewing trustee, issuer and project financial and operating reports as well as reports provided by technical advisors and counsel. Projects may be periodically visited by National personnel. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>International Public Finance:</I> International public finance transactions are monitored and remediated in a manner relatively consistent with U.S. public finance transactions. In addition, credit analysts consider
country risk, including economic and political factors, the type and quality of local regulatory oversight, the strength of the legal framework in each country and the stability of the local institutional framework. Analysts also monitor local
accounting and legal requirements, local financial market developments, the impact of exchange rates and local demand dynamics. Furthermore, exposures are reviewed periodically; the frequency and scope of review is often increased when an exposure
is downgraded. MBIA personnel may periodically visit projects or issuers to meet with management. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Global Structured Finance Transactions:</I> For global structured finance transactions, we focus on the historical and projected cash flows generated by the assets, the credit and operational strength of the
originator, servicer, manager and/or operator of the assets, and the transaction&#146;s structure (including the degree of protection from bankruptcy of the originator or servicer). We may use both probability modeling and cash flow sensitivity
analysis (both at the transaction and asset specific levels) to test asset performance assumptions and performance covenants, triggers and remedies. In addition, IPM may use various quantitative tools and qualitative analyses to test for credit
quality, correlation, liquidity and capital sensitivity within the insured portfolio. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">6 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A key to our ongoing monitoring is early detection of deterioration in either transaction credit quality or
macroeconomic or market factors that could adversely impact an insured credit. If deterioration is detected, analysts generally evaluate possible remedial actions and, in the event of significant stress, we may develop and implement a remediation
strategy. The nature of any remedial action is based on the type of insured issue and the nature and scope of the event giving rise to the remediation. In most cases, as part of any such remedial activity, we work with the issuer, trustee, legal
counsel, financial advisors, servicer, other creditors, underwriters and/or other related parties to reduce chances of default and the potential severity of loss if a default should occur. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use an internal credit rating system to rank credits, with frequency of review based on risk type, internal rating, performance and credit quality. Credits with
performance issues are designated as &#147;Caution <FONT STYLE="white-space:nowrap">List-Low,&#148;</FONT> &#147;Caution List-Medium&#148; or &#147;Caution List-High&#148; based on the nature and extent of our concerns, but these categories do not
require establishment of any case basis reserves. In the event we determine that a claim for payment is expected with respect to an insured issue using probability-weighted expected cash flows based on available information, including market data,
we place the issue on the &#147;Classified List&#148; and establish a case basis loss reserve for that insured issue. See &#147;Losses and Reserves&#148; below for information on our loss reserving process. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Risk Models </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use credit risk models to test qualitative judgments,
to design appropriate structures and to understand sensitivity within transactions and across broader portfolio exposure concentrations. Models are updated to reflect changes in both portfolio and transaction data and also in expectations of
stressed future outcomes. For portfolio monitoring we use internal and third-party models based on individual transaction attributes and customized structures and these models are also used to determine case basis loss reserves and, where
applicable, to <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> any insured obligations as may be required for financial reporting. When using third-party models, we generally perform the same review and
analyses of the collateral, transaction structure, performance triggers and cash flow waterfalls as when using our internal models. See &#147;Risk Factors&#151;Insured Portfolio Loss Related Risk Factors&#151;Financial modeling involves uncertainty
over ultimate outcomes which makes it difficult to estimate liquidity, potential paid claims payments, loss reserves and fair values&#148; in Part I, Item&nbsp;1A of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Market Risk Assessment </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We measure and assess market risk on a consolidated
basis as well as at the holding company and subsidiaries on a stand-alone basis. Key market risks are changes in interest rates, credit spreads and foreign exchange. We use various models and methodologies to test exposure under market stress
scenarios, including parallel and <FONT STYLE="white-space:nowrap">non-parallel</FONT> shifts in the yield curve, changes in credit spreads, and changes in foreign exchange rates. We also analyze stressed liquidity scenarios and stressed
counterparty exposures. The analyses are used in testing investment portfolio guidelines. The Risk Oversight Committee and the Finance and Risk Committee of the Company&#146;s Board of Directors receive periodic reports on market risk. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Operational Risk Assessment </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Operational Risk function assesses potential
economic loss or reputational impact arising from processes and controls, systems, or staff actions and seeks to identify vulnerabilities to operational disruptions caused by external events. The Operational Risk framework is generally managed using
a self-assessment process across our business units, with controls associated with the execution of key processes monitored through Internal Audit reviews. The Operational Risk function reports periodically to the Risk Oversight Committee and the
Audit Committee of the Company&#146;s Board of Directors. The Audit Committee reviews the Company&#146;s operational risk profile, risk event activity and ongoing risk mitigation efforts. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">7 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Losses and Reserves </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loss
and loss adjustment expense (&#147;LAE&#148;) reserves are established by Loss Reserve Committees in each of our operating insurance companies and are reviewed by our executive Loss Reserve Committee, which consists of members of senior management.
The Company&#146;s loss and LAE reserves as of December&nbsp;31, 2017 represent case basis reserves and estimates for LAE to be incurred. Case basis reserves represent the Company&#146;s estimate of expected losses to be paid under its insurance
contracts, net of potential recoveries and discounted using a current risk-free interest rate, for contracts where the estimated loss amount exceeds the unearned premium revenue on the related insurance contract. The Company estimates expected
losses net of potential recoveries using the present value of probability-weighted estimated loss payments and recoveries, discounted at a rate equal to the risk-free rate applicable to the currency and weighted average remaining life of the
insurance contract as required by accounting principles for financial guarantee contracts. We record case basis loss reserves on insured obligations which have defaulted or are expected to default during the remaining life of the obligation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a further discussion of the methodology used by the Company for determining when a case basis reserve is established, see &#147;Management&#146;s Discussion and
Analysis of Financial Condition and Results of Operations&#151;Critical Accounting Estimates&#151;Loss and Loss Adjustment Expense Reserves&#148; in Part II, Item&nbsp;7 of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> Management believes
that our reserves are adequate to cover the ultimate net cost of claims. However, because the reserves are based on management&#146;s judgment and estimates, there can be no assurance that the ultimate liability will not exceed such estimates or
that the timing of claims payments and the realization of recoveries will not create liquidity issues for the corresponding insurance company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Reinsurance
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We currently have third-party reinsurance agreements in place covering 3% of our insured par outstanding. At this time we do not intend to utilize reinsurance
to decrease the insured exposure in our portfolio; however, we may, from time to time, look to enter into transactions to reduce risks embedded in our insured portfolios on an individual and portfolio-wide basis.</P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Intercompany Reinsurance Arrangements </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. and National are parties to
a reinsurance agreement pursuant to which National reinsures certain public finance financial guarantee policies originally written by MBIA Corp., as well as an assignment agreement under which MBIA Corp. assigned to National its rights and
obligations under public finance financial guarantee policies of Financial Guaranty Insurance Company (&#147;FGIC&#148;) which were originally reinsured by MBIA Corp., and ultimately novated to National pursuant to a novation agreement between
National and FGIC effective August of 2013. In addition, National entered into <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">second-to-pay</FONT></FONT> policies covering the policies covered by each of these agreements. The
reinsurance agreement pursuant to which MBIA Corp. had reinsured the FGIC public finance guarantee policies was terminated in 2013 in connection with the novation to National of the policies covered by the agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation maintains a reinsurance agreement and net worth maintenance agreement with MBIA Mexico pursuant to which MBIA Insurance Corporation reinsures
100% of the business underwritten by MBIA Mexico and agrees to maintain the amount of capital in MBIA Mexico required by applicable law or regulation, subject to certain New York State regulatory requirements as well as certain contract
restrictions. In December of 2015, MBIA Insurance Corporation terminated its reinsurance agreement and its net worth maintenance agreement with MBIA UK by mutual consent. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Insurance Regulation </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Insurance Corporation are
incorporated in and subject to primary insurance regulation and supervision by the State of New York. MBIA Corp.&#146;s Spanish Branch is subject to local regulation in Spain. MBIA Mexico is organized and subject to primary regulation and
supervision in Mexico. The Company&#146;s insurance subsidiaries are also licensed to issue financial guarantee policies in multiple jurisdictions as needed to conduct their business activities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">8 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The extent of state and national insurance regulation and supervision varies by jurisdiction, but New York, Spain,
Mexico and most other jurisdictions have laws and regulations prescribing minimum standards of solvency, including minimum capital requirements, and business conduct which must be maintained by insurance companies, and if our insurance companies
fail to meet such requirements our regulators may impose certain remedial actions. Among other regulated conduct, these laws and regulations prescribe permitted classes and concentrations of investments. In addition, some state laws and regulations
require the approval or filing of policy forms and rates. MBIA Insurance Corporation and National each are required to file detailed annual financial statements with the NYSDFS and similar supervisory agencies in each of the other jurisdictions in
which it is licensed. The operations and accounts of the insurance companies are subject to examination by regulatory agencies at regular intervals. In addition to being subject to the insurance laws in the jurisdictions in which we operate, as a
condition to obtaining required insurance regulatory approvals to enter into certain transactions and take certain other corporate actions, including the release of excessive contingency reserves in MBIA Insurance Corporation described below under
&#147;Contingency Reserves&#148; and entry into the asset swap between MBIA Inc. and National described under &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#150;&#150;Liquidity&#150;&#150;Corporate
Liquidity&#148; in Part II, Item&nbsp;7 of this Form <FONT STYLE="white-space:nowrap">10-K,</FONT> MBIA Inc. and its operating insurance subsidiaries have and may in the future agree to provide notice to the NYSDFS or other applicable regulators
prior to entering into transactions or taking other corporate actions (such as paying dividends when applicable statutory tests are satisfied) that would not otherwise require regulatory approval. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>New York Insurance Regulation </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our domestic insurance companies are licensed
to provide financial guarantee insurance under Article 69 of the New York Insurance Law (the &#147;NYIL&#148;). Article 69 defines financial guarantee insurance to include any guarantee under which loss is payable upon proof of occurrence of
financial loss to an insured as a result of certain events. These events include the failure of any obligor or any issuer of any debt instrument or other monetary obligation to pay principal, interest, premium, dividend or purchase price of or on
such instrument or obligation when due. Under Article 69, our domestic insurance companies are permitted to transact financial guarantee insurance, surety insurance and credit insurance and such other kinds of business to the extent necessarily or
properly incidental to the kinds of insurance which they are authorized to transact. In addition, they are empowered to assume or reinsure the kinds of insurance described above. Amendments to the statutes or regulations governing financial
guarantee insurers are possible, but the adoption or timing of any such amendments is uncertain. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>New York State Dividend Limitations </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The laws of New York regulate the payment of dividends by National and MBIA Insurance Corporation and provide that a New York domestic stock property/casualty insurance
company may not declare or distribute dividends except out of statutory earned surplus. New York law provides that the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding
<FONT STYLE="white-space:nowrap">12-month</FONT> period and (ii)&nbsp;the dividend to be declared may not exceed the lesser of (a)&nbsp;10% of policyholders&#146; surplus, as shown by the most recent statutory financial statement on file with the
NYSDFS, or (b)&nbsp;100% of adjusted net investment income for such <FONT STYLE="white-space:nowrap">12-month</FONT> period (the net investment income for such <FONT STYLE="white-space:nowrap">12-month</FONT> period plus the excess, if any, of net
investment income over dividends declared or distributed during the <FONT STYLE="white-space:nowrap">two-year</FONT> period preceding such <FONT STYLE="white-space:nowrap">12-month</FONT> period), unless the Superintendent of Financial Services of
the State of New York (the &#147;Superintendent&#148;) approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligations and writings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National declared and paid a dividend of $118&nbsp;million to its ultimate parent, MBIA Inc., during the fourth quarter of 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Due to its significant negative earned surplus, MBIA Insurance Corporation has not had the statutory capacity to pay dividends since December&nbsp;31, 2009 and is not
expected to have any statutory capacity to pay any dividends for the foreseeable future. In connection with MBIA Insurance Corporation obtaining approval from the NYSDFS to release excessive contingency reserves as of September&nbsp;30, 2011,
December&nbsp;31, 2011 and March&nbsp;31, 2012, MBIA Corp. agreed that it would not pay any dividends without receiving prior approval from the NYSDFS. The foregoing dividend limitations are determined in accordance with statutory accounting
principles (&#147;U.S. STAT&#148;). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">9 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Contingency Reserves </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As financial
guarantee insurers, our domestic insurance companies are required by the laws and regulations of New York and other states to maintain, as applicable, contingency reserves on their municipal bond, asset-backed securities (&#147;ABS&#148;) or other
financial guarantee liabilities. Under New York law, a financial guarantee insurance company is required to contribute to contingency reserves 50% of premiums as they are earned on policies written prior to July&nbsp;1, 1989 (net of reinsurance),
and, with respect to policies written on and after July&nbsp;1, 1989, such an insurer must make contributions over a period of 15 or 20 years (based on issue type), or until the contingency reserve for such insured issues equals the greater of 50%
of premiums written for the relevant category of insurance or a percentage of the principal guaranteed, varying from 0.55% to 2.5%, depending upon the type of obligation guaranteed (net of collateral, reinsurance, refunding, refinancings and certain
insured securities). Other states maintain similar requirements. The contribution to, and maintenance of, the contingency reserve limits the amount of earned surplus that might otherwise be available for the payment of dividends. In each state, our
domestic insurance companies may apply for release of portions of their contingency reserves in certain circumstances. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Risk Limits </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insurance laws and regulations also limit both the aggregate and individual securities risks that our domestic insurance companies may insure on a net basis based on the
type of obligations insured. The individual limits are generally on the amount of insured par and/or annual debt service for a given insured issue, entity or revenues source and stated as a percentage of the insurer&#146;s policyholders&#146;
surplus and contingency reserves. The aggregate risk limits limit the aggregate amount of insured par to a stated multiple of the insurer&#146;s policyholders&#146; surplus and contingency reserves based on the types of obligations insured. The
aggregate risk limits can range from 300:1 for certain municipal obligations to 50:1 for certain <FONT STYLE="white-space:nowrap">non-municipal</FONT> obligations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National is in compliance with the relevant aggregate and single risk limits. During 2017 and 2016, MBIA Insurance Corporation reported single risk limit overages to
the NYSDFS due to changes in its statutory capital. MBIA Insurance Corporation is currently in compliance with its aggregate risk limits as of December&nbsp;31, 2017. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Holding Company Regulation </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., National and MBIA Insurance
Corporation also are subject to regulation under the insurance holding company statutes of New York. The requirements of holding company statutes vary from jurisdiction to jurisdiction but generally require insurance companies that are part of an
insurance holding company system to register and file certain reports describing, among other information, their capital structure, ownership and financial condition. The holding company statutes also generally require prior approval of changes in
control, of certain dividends and other inter-corporate transfers of assets, and of certain transactions between insurance companies, their parents and affiliates. The holding company statutes impose standards on certain transactions with related
companies, which include, among other requirements, that all transactions be fair and reasonable and those transactions not in the ordinary course of business exceeding specified limits receive prior regulatory approval. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Change of Control </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior approval by the NYSDFS is required for any entity
seeking to acquire, directly or indirectly, &#147;control&#148; of National or MBIA Insurance Corporation. In many states, including New York, &#147;control&#148; is presumed to exist if 10% or more of the voting securities of the insurer are owned
or controlled, directly or indirectly, by an entity, although the insurance regulator may find that &#147;control&#148; in fact does or does not exist when an entity owns or controls either a lesser or greater amount of securities. MBIA Insurance
Corporation would require the prior approval of MBIA Mexico&#146;s regulator in order to transfer the shares it currently holds in MBIA Mexico. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insurance
Guarantee Funds </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Insurance Corporation are exempt from assessments by the insurance guarantee funds in the majority of the states in which they
do business. Guarantee fund laws in most states require insurers transacting business in the state to participate in guarantee associations, which pay claims of policyholders and third-party claimants against impaired or insolvent insurance
companies doing business in the state. In most states, insurers licensed to write only municipal bond insurance, financial guarantee insurance and other forms of surety insurance are exempt from assessment by these funds and their policyholders are
prohibited from making claims on these funds. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">10 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insured Credit Default Swaps </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain of MBIA Corp. guarantee payments due under CDS and other derivatives. In July of 2010, the Dodd-Frank Reform and Consumer Protection Act (the &#147;Dodd-Frank
Act&#148;) was signed into law for the purpose of enacting broad financial industry regulatory reform, including by enhancing regulation of the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT>
derivatives markets. Among other reforms, the Dodd-Frank Act requires &#147;swap dealers&#148; and &#147;major swap participants&#148; to register with either or both of the Commodity Futures Trading Commission (&#147;CFTC&#148;) and the Securities
and Exchange Commission (&#147;SEC&#148;), and to be subject to enhanced regulation, including capital requirements. Previously, MBIA Corp. was registered with the CFTC as a major swap participant and had been required to comply with the CFTC&#146;s
business conduct rules as applied to portfolios in place prior to the enactment of the Dodd-Frank Act. In May of 2015, MBIA Corp. <FONT STYLE="white-space:nowrap">de-registered</FONT> as a major swap participant as the notional amount and fair value
of its CDS exposures declined below the registration thresholds. As of December&nbsp;31, 2017, MBIA Corp. insured one CDS derivative policy with $127&nbsp;million of gross par outstanding. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>OUR ADVISORY SERVICES </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Until January of 2015, we conducted
our asset management advisory services business through two registered investment adviser subsidiaries of Cutwater Holdings, LLC (together, &#147;Cutwater&#148;), a wholly-owned subsidiary of MBIA Inc. Effective January&nbsp;1, 2015, we completed
the sale of Cutwater to the Bank of New York Mellon Corporation. This transaction had a positive but immaterial impact on the Company&#146;s financial position and results of operations. In connection with the sale, the Company and its subsidiaries
entered into investment management agreements with Cutwater (now known as &#147;Insight Investment&#148;) to manage their respective fixed-income investment portfolios for the following five years. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>INVESTMENTS AND INVESTMENT POLICY </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment objectives,
policies and guidelines related to the Company&#146;s businesses are generally subject to review and approval by the Finance and Risk Committee of the Board of Directors. Investment objectives, policies and guidelines related to investment activity
on behalf of our insurance companies are also subject to review and approval by the respective Investment Committee of their Boards of Directors or similar body. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insight Investment manages the proprietary investment portfolios of the Company and its subsidiaries in accordance with the guidelines adopted for each such portfolio.
The agreements with Insight Investment provide generally that Insight Investment will have the exclusive right to manage the fixed-income investment portfolios of the Company and its subsidiaries until December&nbsp;31, 2019 and guarantee certain
minimum revenues thereunder. The agreements are subject to early termination under certain conditions including if certain performance objectives are not met. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To
continue to optimize capital resources and provide for claims-paying capabilities, the investment objectives and policies of our insurance operations are tailored to reflect their various strategies and operating conditions. The investment
objectives of MBIA Corp. are primarily to maintain adequate liquidity to meet claims-paying and other corporate needs and secondarily to maximize <FONT STYLE="white-space:nowrap">after-tax</FONT> income within defined investment risk limits. The
investment objectives of National set preservation of capital as the primary objective, subject to an appropriate degree of liquidity, and optimization of <FONT STYLE="white-space:nowrap">after-tax</FONT> income and total return as secondary
objectives. The investment objectives of the corporate segment are to provide sufficient liquidity to meet maturing liabilities and, in the case of the investment agreement business collateral posting obligations, while maximizing the total
long-term return. The investment portfolio of each subsidiary is managed by Insight Investment under separate investment services agreements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">11 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>RATING AGENCIES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On September&nbsp;28, 2017, MBIA Inc., on behalf of its subsidiaries, National and MBIA Corp., provided notice to Moody&#146;s Investors Services
(&#147;Moody&#146;s&#148;) terminating the agreement by which Moody&#146;s agreed to provide financial strength ratings to MBIA Inc., National, MBIA Corp. and MBIA Mexico. Also on September&nbsp;28, 2017, National provided notice to Kroll Bond
Rating Agency (&#147;Kroll&#148;) terminating the agreement by which Kroll agreed to provide a financial strength rating to National. These termination notices were effective in October of 2017. On December&nbsp;5, 2017, Kroll downgraded the rating
of National from AA+ to AA with a negative outlook and subsequently withdrew its rating. On January&nbsp;17, 2018 Moody&#146;s downgraded the rating of National from A3 with a negative outlook to Baa2 with a stable outlook. Similarly, Moody&#146;s
downgraded the rating of MBIA Inc. from Ba1 with a negative outlook to Ba3 with a stable outlook. The rating of MBIA Corp. was affirmed at Caa1 with a developing outlook. The rating of MBIA Mexico was affirmed at Caa1/B3.mx with a developing
outlook. Moody&#146;s, at its discretion and in the absence of a contract with the Company, continues to maintain ratings on MBIA Inc. and its subsidiaries. On November&nbsp;28, 2017, MBIA Inc. and its subsidiaries, National and MBIA Corp., provided
notice to S&amp;P terminating the agreements by which S&amp;P agreed to provide financial strength ratings to MBIA Inc., National and MBIA Corp. On December&nbsp;1, 2017, S&amp;P affirmed the National A with a stable outlook and subsequently
withdrew all of its ratings. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CAPITAL FACILITIES </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company does not currently maintain a capital facility. For a discussion of the Company&#146;s capital resources refer to &#147;Capital Resources&#148; in Part II, Item&nbsp;7 of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>FINANCIAL INFORMATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 12: Business
Segments&#148; in the Notes to Consolidated Financial Statements in Part II, Item&nbsp;8 of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> for information on the Company&#146;s financial information by segment and premiums earned by
geographic location. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>EMPLOYEES </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31,
2017, the Company had 103 employees. None of the Company&#146;s employees are covered by collective bargaining agreements. The Company considers its employee relations to be satisfactory. </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>AVAILABLE INFORMATION </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains a website at
www.mbia.com. The Company is not including the information on its website as a part of, nor is it incorporating such information by reference into, this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> The Company makes available through its
website under the &#147;SEC Filings&#148; tab, free of charge, all of its SEC filings, including annual reports on Form <FONT STYLE="white-space:nowrap">10-K,</FONT> quarterly filings on Form <FONT STYLE="white-space:nowrap">10-Q,</FONT> current
reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> and amendments to those reports as soon as is reasonably practicable after these materials have been filed with or furnished to the SEC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a courtesy, the Company posts on its website under the section &#147;Legal Proceedings,&#148; selected information and documents in reference to selected legal
proceedings in which the Company is the plaintiff or the defendant. The Company will not necessarily post all documents for each proceeding and undertakes no obligation to revise or update them to reflect changes in events or expectations. The
complete official court docket can be publicly accessed by contacting the clerk&#146;s office of the respective court where each litigation matter is pending. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">12 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company is providing public access to certain <FONT STYLE="white-space:nowrap">non-confidential</FONT> information
regarding the assets securing the facility extended by its subsidiary, MZ Funding LLC (&#147;MZ Funding&#148;), on the Company&#146;s MZ Funding web page. It will also make available certain confidential information subject to the execution of a <FONT
STYLE="white-space:nowrap">non-disclosure</FONT> agreement. Instructions for accessing the information are available on the MZ Funding web page.&nbsp;A description of the MZ Funding facility, as well as several documents pertaining thereto,
including, among others, the Senior Note Indenture, the Credit Agreement, and the Security Agreement, can be found on the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed by the Company on January&nbsp;10, 2017, available on the Company&#146;s
website at www.mbia.com. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>EXECUTIVE OFFICERS OF THE REGISTRANT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The executive officers of the Company and their present ages and positions with the Company as of March&nbsp;1, 2018 are set forth below: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="71%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Name</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Age</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Position and Term of Office</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">William C. Fallon</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Chief Executive Officer and Director (executive officer since July 2005)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Anthony McKiernan</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Executive Vice President and Chief Financial Officer (executive officer since August 2011)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Jonathan C. Harris</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">General Counsel and Secretary (executive officer since September 2017)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Daniel M. Avitabile</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Assistant Vice President, and President and Chief Risk Officer of MBIA Corp. (executive officer since September 2017)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adam T. Bergonzi</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Assistant Vice President, and Chief Risk Officer of National (executive officer since September 2017)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Christopher H. Young</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Assistant Vice President, and Chief Financial Officer of National (executive officer since September 2017)</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Joseph R. Schachinger</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Controller (executive officer since May 2017)</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">William C. Fallon was elected as a Director of the Company in May 2017, and appointed as Chief Executive Officer on September&nbsp;15,
2017. Prior to being named Chief Executive Officer and Director, Mr. Fallon served as President, Chief Operating Officer, and Vice President of the Company and head of the Global Structured Finance Division. Mr. Fallon also serves as President and
Chief Executive Officer of National. From July of 2005 to March 1, 2007, Mr. Fallon was Vice President of the Company and head of Corporate and Strategic Planning. Prior to joining the Company in 2005, Mr. Fallon was a partner at McKinsey &amp;
Company and co-leader of that firm&#146;s Corporate Finance and Strategy Practice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Anthony McKiernan was named Executive Vice President and Chief Financial Officer
on May 1, 2012 and March&nbsp;11, 2016, respectively. Immediately prior to those appointments Mr. McKiernan was Vice President and Chief Portfolio Officer of the Company. Mr. McKiernan is also Chairman and Chief Financial Officer of MBIA Corp.
Mr.&nbsp;McKiernan joined MBIA in 2000 as a vice president in the Credit Analytics Group, and managed the Corporate Insured Portfolio Management Group prior to becoming the Head of the Structured Finance Insured Portfolio Management Group in 2007.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Board of Directors of MBIA Inc. appointed Mr. Fallon to the office set forth opposite his name above on September&nbsp;15, 2017 and appointed Mr. McKiernan to
the offices set forth opposite his name above on May&nbsp;1, 2012 and March 11, 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Jonathan C. Harris is General Counsel and Secretary of the Company. Prior to
being named General Counsel and Secretary, Mr. Harris served as Assistant Vice President and Head of Litigation. Mr. Harris joined the Company as Head of Litigation in 2009. Prior to joining the Company, Mr. Harris was litigation counsel at Lehman
Brothers, and practiced in the litigation department of Willkie Farr &amp; Gallagher. The Board of Directors of MBIA Inc. appointed Mr. Harris to the offices set forth opposite his name above on May 3, 2017. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">13 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1. Business (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Daniel M. Avitabile is an Assistant Vice President of the Company and President and Chief Risk Officer of MBIA Corp.
Prior to being named Chief Risk Officer in 2016, Mr. Avitabile managed MBIA Corp.&#146;s Special Situations Group, which was responsible for remediation and commutation activity. Mr. Avitabile has worked at MBIA since 2000, where he has held
positions in insured portfolio management, remediation, corporate strategy and structured finance new business. Prior to joining MBIA, he held positions at The Chase Manhattan Bank and State Street Bank. The Board of Directors of MBIA Inc. and MBIA
Insurance Corporation appointed Mr. Avitabile to the offices set forth opposite his name above on February 13, 2018, September 15, 2017 and March 11, 2016, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Adam T. Bergonzi is an Assistant Vice President of the Company and Chief Risk Officer of National, overseeing all of National&#146;s risk and insured portfolio
management activities. Prior to being named Chief Risk Officer of National in 2010 when he rejoined the Company, Mr. Bergonzi was employed at Municipal and Infrastructure Assurance Corporation, which he co-founded and served as its Chief Risk
Officer, from 2008 to 2010. The Board of Directors of MBIA Inc. and National Public Finance Guarantee Corporation appointed Mr. Bergonzi to the offices set forth opposite his name above on May 3, 2016 and November 15, 2010, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Christopher H. Young is an Assistant Vice President of the Company and Chief Financial Officer of National. Prior to being named National&#146;s Chief Financial Officer
in March of 2009, from 2001 to 2009, Mr. Young worked at MBIA Insurance Corporation in a variety of Structured Finance positions and in Corporate Strategy. The Board of Directors of MBIA Inc. and National Public Finance Guarantee Corporation
appointed Mr. Young to the offices set forth opposite his name above on February 13, 2018 and March 5, 2009, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Joseph R. Schachinger is the
Company&#146;s Controller. Prior to being named Controller in May of 2017, since 2009 Mr. Schachinger served as Deputy Controller. The Board of Directors of MBIA Inc. appointed Mr. Schachinger to the office set forth opposite his name above on May
3, 2017. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_2"></A>Item 1A. Risk Factors </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">References in
the risk factors to the &#147;Company&#148; are to MBIA Inc., together with its domestic and international subsidiaries. References to &#147;we,&#148; &#147;our&#148; and &#147;us&#148; are to MBIA Inc. or the Company, as the context requires. Our
risk factors are grouped into categories and are presented in the following order: &#147;Insured Portfolio Loss Related Risk Factors&#148;, &#147;Legal, Regulatory and Other Risk Factors&#148;, &#147;Capital, Liquidity and Market Related Risk
Factors&#148; and &#147;MBIA Corp. Risk Factors.&#148; Risk factors are generally listed in order of significance within each category. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>Insured Portfolio
Loss Related Risk Factors </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Some of the state, local and territorial governments and finance authorities and other providers of public services, located
in the U.S. or abroad, that issue public finance obligations we insure are experiencing fiscal stress that could result in increased credit losses or impairments on those obligations. </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Some of the state, local and territorial governments and finance authorities that issued the obligations we insure are reporting fiscal stress that has resulted in a
significant increase in taxes and/or a reduction in spending or other measures in efforts to satisfy their financial obligations. In particular, certain jurisdictions have significantly underfunded pension liabilities which are placing additional
stress on their finances and are particularly challenging to restructure either through negotiation or under Chapter 9 of the United States Bankruptcy Code. If the issuers of the obligations in our public finance portfolio are unable to raise taxes,
or increase other revenues, cut spending, reduce liabilities, and/or receive state or federal assistance, we may experience losses or impairments on those obligations, which could materially and adversely affect our business, financial condition and
results of operations. The financial stress experienced by certain municipal issuers could result in the filing of Chapter 9 proceedings in states where municipal issuers are permitted to seek bankruptcy protection. In these proceedings, which
remain rare, the resolution of bondholder claims (and by extension, those of bond insurers) may be subject to legal challenge by other creditors. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">14 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In particular, the Commonwealth of Puerto Rico and certain of its instrumentalities (&#147;Puerto Rico&#148;) are
experiencing fiscal stress and constrained liquidity due to, among other things, Puerto Rico&#146;s structural budget imbalances, lack of access to the capital markets, a prolonged stagnating local economy, net migration of people out of Puerto Rico
and high debt burdens. The impact of Hurricane Maria, which made landfall in Puerto Rico on September&nbsp;20, 2017, may also impact its ability to repay its legacy indebtedness. The physical damage and resultant lost economic activity may exceed
the collective aid Puerto Rico receives from private insurance, relief from the Federal Emergency Management Agency (&#147;FEMA&#148;) and other federal agencies and programs. In September of 2015, a working group formed by the former Governor of
Puerto Rico released a report that projected a sizable deficit of available cash resources to expenses and debt service over the next five years absent meaningful fiscal and structural reform, and concluded that a voluntary adjustment of the terms
of the Commonwealth&#146;s debt is necessary. On June&nbsp;30, 2016, after passage by the United States Congress, the President of the United States signed into law&nbsp;the Puerto Rico&nbsp;Oversight, Management and Economic Stability Act
(&#147;PROMESA&#148;). PROMESA provides a statutory framework for the creation of an independent oversight board (&#147;the &#147;Oversight Board&#148;) whose purpose is to restore Puerto Rico&#146;s fiscal responsibility and access to the capital
markets. The Oversight Board can, among other things, develop and implement fiscal plans for Puerto Rico and its instrumentalities, and can avail itself of collective action and judicial processes&#151;separate from the Federal Bankruptcy
Code&#151;by which Puerto Rico may restructure its debt on a voluntary or <FONT STYLE="white-space:nowrap">non-voluntary</FONT> basis.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;3, 2017, the
Oversight Board certified and filed a bankruptcy-like petition under Title III of PROMESA for Puerto Rico with the District Court of Puerto Rico. Under a separate petition, the Oversight Board also commenced a Title III proceeding for Puerto Rico
Sales Tax Financing Corporation (&#147;COFINA&#148;) on May&nbsp;5, 2017. On May&nbsp;21, 2017, upon the expiration of the PROMESA stay, the Oversight Board commenced a Title III proceeding for the Puerto Rico Highway and Transportation Authority
(&#147;PRHTA&#148;). On July&nbsp;2, 2017, the Oversight Board commenced a Title III proceeding for the Puerto Rico Electric Power Authority (&#147;PREPA&#148;). While National has entered into a voluntary mediation process with the Oversight Board
and Puerto Rico, there can be no assurance that National will be able to avoid a <FONT STYLE="white-space:nowrap">non-voluntary</FONT> outcome which could result in unanticipated losses to National which could be material. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Economic activity in Puerto Rico may not return to pre-hurricane levels and Puerto Rico&#146;s recovery could be more shallow and protracted than that experienced by
other similarly affected governments, given Puerto Rico&#146;s prior constrained liquidity and economic activity. On January&nbsp;24, 2018, Puerto Rico issued a Fiscal Plan which provides financial projections for a five year period including fiscal
years 2018-2022. The Plan, which is subject to certification by the Oversight Board under PROMESA, projects no debt service payments for the plan period. It also assumes $35.3&nbsp;billion of FEMA public assistance funding. Following receipt of the
government&#146;s draft fiscal plan, the Oversight Board determined that the proposed fiscal plan was noncompliant with the requirements of PROMESA and therefore required certain revisions before certification by the Oversight Board.&nbsp;As a
result, the government submitted a revised fiscal plan for Puerto Rico on February 12, 2018 to incorporate the Oversight Board&#146;s comments and the incremental disaster relief funding provided by recent legislation approved by Congress on
February 9, 2018.&nbsp;Notwithstanding the revisions, the draft fiscal plan remains subject to further adjustment following additional input and review by the Oversight Board. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While the federal government and FEMA have made aid available to Puerto Rico, there can be no assurance that such aid will be made available in the amounts necessary to
offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal government, through its actions to deliver disaster relief and other support services, in addition to the evolving
role of the Oversight Board and the role of Puerto Rico in its own recovery, heightens political risk in connection with the restructuring of legacy debt. This risk could lead the Oversight Board, Puerto Rico or the federal government to seek to
extract greater concessions from creditors based on the uncertainty of Puerto Rico&#146;s long term recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase materially. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">15 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, National had $3.4&nbsp;billion of gross insured par outstanding ($3.9&nbsp;billion of
gross insured par outstanding when including accreted interest on insured capital appreciation bonds) related to Puerto Rico. Puerto Rico may be unable or unwilling to pay their obligations as and when due, in which case National would be required
to pay claims of unpaid principal and interest when due under its insurance policies, which could be material. Prior to 2017, National paid claims on defaulted Puerto Rico debt in the amount of $173&nbsp;million. Puerto Rico defaulted on scheduled
debt service for National insured bonds and National paid gross claims in the aggregate of $242&nbsp;million during 2017. On January&nbsp;1, 2018, Puerto Rico also defaulted on scheduled debt service for National insured bonds and National paid
gross claims in the aggregate of $69&nbsp;million.&nbsp;While National will seek to recover any claim payments it makes under its guarantees, there is no assurance that it will be able to recover such payments. To the extent that its claims payments
are ultimately substantially greater than its claims recoveries, National would experience losses on those obligations, which could materially and adversely affect our business, financial condition and results of operations. Refer to the &#147;U.S.
Public Finance Insurance Puerto Rico Exposures&#148; section in Part II, Item 7 of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> for additional information on our Puerto Rico exposures. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss reserve estimates and credit impairments are subject to additional uncertainties and loss reserves may not be adequate to cover potential claims.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our insurance companies issued financial guarantee policies that insure the financial performance of the obligations guaranteed over an extended period of
time, in some cases over more than 30 years, and which are unconditional and irrevocable. Under substantially all of our policies, we do not have a right to cancel the policy. We do not use actuarial approaches that are customarily used by other
types of insurance companies to determine our loss reserves. The establishment of the appropriate level of loss reserves is an inherently uncertain process involving numerous assumptions, estimates and subjective judgments by management, and
therefore, there can be no assurance that future net claims in our insured portfolio will not exceed our loss reserves. If our loss reserves are not adequate to cover actual losses, our results of operations and financial condition could be
materially adversely affected. We use financial models to project future net claims on our insured portfolio, including insured credit derivatives, and to establish loss reserves and estimate impairments and related recoveries. There can be no
assurance that the future loss projection and impairments based on these models will ultimately reflect the actual losses and impairment and recovery that we experience. Additionally, small changes in the assumptions underlying these estimates could
significantly impact loss expectations. For example, our loss reserves are discounted to a net present value reflecting our general obligation to pay claims over time and not on an accelerated basis. Risk-free rates are used to discount our loss
reserves under accounting principles generally accepted in the U.S., and the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">yield-to-maturity</FONT></FONT> of each insurer&#146;s investment fixed-income portfolio (excluding cash
and cash equivalents and other investments not intended to defease long-term liabilities) as of <FONT STYLE="white-space:nowrap">year-end</FONT> is used to discount each insurer&#146;s loss reserves under statutory accounting principles.
Accordingly, changes in the risk-free rates or the yield in our insurance companies&#146; fixed-income investment portfolios may materially impact loss reserves. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Political and economic conditions in the United States, the Eurozone and elsewhere may materially adversely affect our business and results of operations.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a financial guarantee company, our insured exposures and our results of operations can be materially affected by general political and economic
conditions, both in the U.S. and around the world. General global unrest, fraud, terrorism, catastrophic events, natural disasters, pandemics or similar events could disrupt the economy in the U.S. and other countries where we have insured exposure
or operate our businesses. In certain jurisdictions outside the U.S. we face higher risks of governmental intervention through nationalization or expropriation of assets, changes in regulation, an inability to enforce our rights in court or
otherwise and corruption, which may cause us to incur losses on the exposures we insure or reputational harm. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Budget deficits at all levels of government in the
U.S., recessions, increases in corporate, municipal, sovereign, <FONT STYLE="white-space:nowrap">sub-sovereign</FONT> or consumer default rates and other general economic conditions may adversely impact the performance of our insured portfolios and
the Company&#146;s investment portfolio. In addition, we are exposed to correlation risk as a result of the possibility that multiple credits will experience losses as a result of any such event or series of events, in particular exposures that are
backed by revenues from business and personal travel, such as aircraft securitizations and bonds backed by hotel taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">16 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial modeling involves uncertainty over ultimate outcomes, which makes it difficult to estimate liquidity,
potential paid claims payments, loss reserves and fair values. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company uses third-party and internal financial models to estimate liquidity, potential
claims payments, loss reserves and fair values. We use internal financial models to conduct liquidity stress-scenario testing to ensure that we maintain cash and liquid securities sufficient to meet our payment requirements. These measurements are
performed on a legal entity and operating segment basis. We also rely on financial models, generated internally and supplemented by models generated by third parties, to estimate factors relating to the highly complex securities we insure, including
future credit performance of the underlying assets, and to evaluate structures, rights and our potential obligations over time. We also use internal models for ongoing insurance portfolio monitoring and to estimate case basis loss reserves and,
where applicable, to report our obligations under our contracts at fair value. We may supplement such models with third-party models or use third-party experts to consult with our internal modeling specialists. Both internal and external models are
subject to model risk and information risk, and there can be no assurance that the inputs into the models received from third parties will be accurate or that the models themselves are accurate or comprehensive in estimating our liquidity, potential
future paid claims, related loss reserves and fair values or that they are similar to methodologies employed by our competitors, counterparties or other market participants. Estimates of our claims payments, in particular, may materially impact our
liquidity position. We may make changes to our estimated claims payments, loss reserves or fair value models from time to time. These changes could materially impact our financial results. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Our risk management policies and procedures may not adequately detect or prevent future losses. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We assess our risk management policies and procedures on a periodic basis. As a result of such assessment, we may take steps to change our internal risk assessment
capabilities and procedures, portfolio management policies, systems and processes and our policies and procedures for monitoring and assessing the performance of our insured portfolio in changing market conditions. There can be no assurance,
however, that these steps will be adequate to avoid future losses. In some cases, losses can be substantial, particularly if a loss occurs on a transaction in which we have a large notional exposure or on a transaction structured with large,
bullet-type maturities. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Legal, Regulatory and Other Risk Factors </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Regulatory change could adversely affect our businesses, and regulations limit investors&#146; ability to effect a takeover or business combination that
shareholders might consider in their best interests. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The financial guarantee insurance industry has historically been and will continue to be subject to the
direct and indirect effects of governmental regulation, including insurance laws, securities laws, tax laws, legal precedents and accounting rules affecting asset-backed and municipal obligations, as well as changes in those laws. Also, the failure
to comply with applicable laws and regulations could expose our insurance companies, their directors or shareholders to fines, the loss of their insurance licenses, and the inability to engage in certain business activity, as the case may be. These
laws also limit investors&#146; ability to affect a takeover or business combination without the approval of our insurance regulators. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Changes to laws and
regulations, or the interpretation thereof could subject our insurance companies to increased loss reserves and capital requirements or more stringent regulation generally, which could materially adversely affect our financial condition and results
of operations. Finally, changes to accounting standards and regulations may require modifications to our accounting methodology, both prospectively and for prior periods; such changes could have an adverse impact on our reported financial results
and/or make it more difficult for investors to understand the economics of our business and may thus influence the types or volume of business that we may choose to pursue. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Our insurance companies could become subject to regulatory action. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our insurance companies are subject to various statutory and regulatory restrictions that require them to maintain qualifying investments to support their reserves and
required minimum surplus. Furthermore, our insurance companies may be restricted from making commutation or other payments if doing so would cause them to fail to meet such requirements, and the NYSDFS may impose other remedial actions on us as
described further below to the extent our insurance companies do not meet such requirements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">17 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the NYIL, the Superintendent of Financial Services may apply for an order directing the rehabilitation or
liquidation of a domestic insurance company under certain circumstances, including upon the insolvency of the company, if the company has willfully violated its charter or the NYIL, or if the company is found, after examination, to be in such
condition that further transaction of business would be hazardous to its policyholders, creditors or the public. The Superintendent of Financial Services may also suspend an insurer&#146;s license, restrict its license authority, or limit the amount
of premiums written in New York if, after a hearing, the Superintendent determines that the insurer&#146;s surplus to policyholders is not adequate in relation to its outstanding liabilities or financial needs. If the Superintendent were to take any
such action, it could result in the reduction or elimination of the payment of dividends to MBIA Inc. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the Superintendent&#146;s authority to
commence a rehabilitation or liquidation proceeding, if the Superintendent finds that the liabilities of MBIA Insurance Corporation exceed its admitted assets, the Superintendent could use its authority under Section&nbsp;1310 of the NYIL to order
MBIA Insurance Corporation to cease making claims payments (a &#147;1310 Order&#148;). Continuing elevated loss payments and delay or failure in realizing expected recoveries as well as certain other factors may materially and adversely affect MBIA
Insurance Corporation&#146;s liquidity and its ability to timely meet its insurance obligations, and could cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding, or issue a 1310 Order, if it does not
believe MBIA Insurance Corporation will be able to pay expected claims. See Risk Factor &#147;An MBIA Insurance Corporation rehabilitation or liquidation proceeding could accelerate certain of the Company&#146;s other obligations and have other
adverse consequences&#148; under &#147;MBIA Corp. Risk Factors&#148; for the potential impacts of an MBIA Insurance Corporation rehabilitation or liquidation proceeding, or a 1310 Order.<B><I> </I></B> </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Interruption in information technology and other operational systems, or a failure to maintain the security, confidentiality or privacy of sensitive data residing
on such systems, could harm our business. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We depend heavily on our information technology and other operational systems and on the integrity and timeliness
of data we use to run our businesses. These systems may fail to operate properly or become disabled as a result of events or circumstances wholly or partly beyond our control. Further, we face the risk of operational and technology failures by
others, including various financial intermediaries and of vendors and parties to which we outsource the provision of services or business operations. If this risk is realized, we may experience operational difficulties, increased costs and other
adverse effects on our business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Despite our implementation of a variety of security measures, our information technology and other systems could be subject to
physical or electronic <FONT STYLE="white-space:nowrap">break-ins,</FONT> unauthorized tampering or other security breaches, resulting in a failure to maintain the security, confidentiality or privacy of sensitive data. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Interruption in information technology and other operational systems, or a failure to maintain the security, confidentiality or privacy of sensitive data residing on
such systems, whether due to actions by us or others, could delay or disrupt our ability to do business, harm our reputation, subject us to regulatory sanctions and other claims, lead to a loss of clients and revenues and otherwise adversely affect
our business. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Private litigation claims could materially adversely affect our reputation, business, results of operations and financial condition.
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As further set forth in &#147;Note 20: Commitments and Contingencies&#148; in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries
in Part II, Item&nbsp;8 of this Form <FONT STYLE="white-space:nowrap">10-K,</FONT> the Company and/or its subsidiaries are named as defendants in certain litigations, and in the ordinary course of business, may be a defendant in or party to a new or
threatened legal action. Although the Company intends to vigorously defend against any current or future action, there can be no assurance that it will prevail in any such action, and any adverse ultimate outcome could result in a loss and/or have a
material adverse effect on our reputation, business, results of operations or financial condition. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">18 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>The Company is dependent on key executives and the loss of any of these executives, or its inability to retain
other key personnel, could adversely affect its business. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s success substantially depends upon its ability to attract and retain qualified
employees and upon the ability of its senior management and other key employees to implement its business strategy. The Company believes there are only a limited number of available qualified executives in the business lines in which the Company
competes. The Company relies substantially upon the services of William C. Fallon, Chief Executive Officer, and other senior executives. There is no assurance that the Company will be able to retain the services of key executives. While
the&nbsp;Company has a succession plan for key executives&nbsp;and does not expect the departure of any key executives to have a material adverse effect on its operations, there can be no assurance that the loss of the services of any of these
individuals or other key members of the Company&#146;s management team would not adversely affect the implementation of its business strategy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>An ownership
change under Section&nbsp;382 of the Internal Revenue Code could have materially adverse tax consequences. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with transactions in our shares
from time to time, we may in the future experience an &#147;ownership change&#148; within the meaning of Section&nbsp;382 of the Internal Revenue Code. In general terms, an ownership change may result from transactions increasing the aggregate
ownership of certain stockholders in our stock by more than 50 percentage points over a testing period (generally three years). If an ownership change were to occur, our ability to use certain tax attributes, including certain losses, credits,
deductions or tax basis, may be limited. There can be no assurance that MBIA Inc. will not undergo an ownership change at a time when these limitations could have a materially adverse effect on the Company&#146;s financial condition. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Changes in U.S. federal income tax law could materially adversely affect the value of the Company&#146;s net deferred tax asset. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc. carries a net deferred tax asset whose value is calculated by application of the federal corporate taxation rates in effect at the time of determination.
Changes in applicable U.S. tax laws and regulations, or their interpretation and application, including the possibility of retroactive effect, could affect our net deferred tax asset as they did in 2017 upon passage of the Tax Cuts and Jobs Act,
that the President of the United States signed into law on December&nbsp;22, 2017. As a result of the Company having established a full valuation allowance against its net deferred tax asset in 2017, any adjustment to the Company&#146;s net deferred
tax asset, will likely result in a corresponding change to the Company&#146;s valuation allowance, resulting in no impact to the Company&#146;s balance sheet or income statement. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>Capital, Liquidity and Market Related Risk Factors </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>We are a
holding company and rely to a significant degree on cash flow from our principal operating subsidiaries and access to third-party capital. A disruption in the cash flow from our subsidiaries or an inability to access capital could materially and
adversely affect our business, operating results and financial condition and ultimately adversely affect liquidity. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a holding company, MBIA Inc. is
largely dependent on dividends and payments under our tax sharing agreement to pay principal and interest on our indebtedness and operating expenses, among other items. We expect that for the foreseeable future National will be the primary source of
dividends and tax sharing agreement payments. National is subject to various statutory and regulatory restrictions, applicable to insurance companies generally, that limit the amount of cash dividends, loans and advances that it may pay. See
&#147;New York State Dividend Limitations&#148; in Part 1, Item 1 and &#147;Note 14: Insurance Regulations and Dividends&#148; in the Notes to Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8 of this Form <FONT
STYLE="white-space:nowrap">10-K</FONT> for a further discussion of dividends. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We may also from time to time seek to raise capital from external sources. The
Company&#146;s access to external sources of financing, as well as the cost of such financing would be influenced by various factors, which could include (i)&nbsp;the long-term debt ratings of the Company, (ii)&nbsp;expected dividends from our
subsidiaries, (iii)&nbsp;the financial condition and business prospects of our insurance companies and (iv)&nbsp;the perceptions of the financial strength of MBIA Inc. and our insurance companies. If we cannot obtain adequate capital on favorable
terms or at all, our business, future growth, operating results and financial condition could be adversely affected. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">19 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To the extent that we are unable to access external capital necessary to support our insurance companies, our insurance
companies may not have sufficient liquidity to meet their obligations and may not be able to pay dividends to us. Consequently, our inability to maintain access to capital on favorable terms could have an adverse impact on our ability to pay losses
and debt obligations, to pay dividends on our capital stock, to pay principal and interest on our indebtedness, to pay our operating expenses and to make capital investments in our subsidiaries. In addition, future capital raises for equity or
equity-linked securities could result in dilution to the Company&#146;s shareholders. In addition, some securities that the Company could issue, such as preferred stock or securities issued by the Company&#146;s operating subsidiaries may have
rights, preferences and privileges that are senior to those of its common shares. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Inc. has substantial indebtedness, and may incur additional
indebtedness, which could adversely affect our financial condition, and/or our ability to obtain financing in the future, react to changes in our business and/or satisfy our obligations. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, MBIA Inc. had $765&nbsp;million of medium-term note liabilities, $576&nbsp;million of Senior Notes liabilities and $337&nbsp;million of
investment agreement liabilities. Our substantial indebtedness and other liabilities could have material consequences because: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">we may be unable to obtain additional financing, should such a need arise, which may limit our ability to satisfy obligations with respect to our debt; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">a large portion of MBIA Inc.&#146;s financial resources must be dedicated to the payment of principal and interest on our debt, thereby reducing the funds available to use for other purposes; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">it may be more difficult for us to satisfy our obligations to our creditors, resulting in possible defaults on, and acceleration of, such debt; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">we may be more vulnerable to general adverse economic and industry conditions; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our ability to refinance debt may be limited or the associated costs may increase; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">our flexibility to adjust to changing market conditions could be limited, or we may be prevented from carrying out capital spending that is necessary or important to our growth strategy and efforts to improve operating
margins of our businesses; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">we are exposed to the risk of fluctuations in interest rates and foreign currency exchange rates because a portion of our liabilities are at variable rates of interest or denominated in foreign currencies.
</TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Adverse developments in the credit markets may materially and adversely affect MBIA Inc.&#146;s ability to post collateral and meet other
liquidity needs. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently, the majority of the cash and securities of MBIA Inc. are pledged against investment agreement liabilities, intercompany
financing arrangements and derivatives, which limit its ability to raise liquidity through asset sales. If the market value or rating eligibility of the assets which are pledged against MBIA Inc.&#146;s obligations were to decline, we would be
required to pledge additional eligible assets in order to meet minimum required collateral amounts against these liabilities. In such event, we may sell assets, potentially with substantial losses, finance unencumbered assets through intercompany
facilities, or use free cash or other assets, although there can be no assurance that these strategies will be available or adequate to meet liquidity requirements. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>The level of interest rates and foreign currency exchange rates could materially and adversely affect our financial condition. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Increases in prevailing interest rate levels can adversely affect the value of our investment portfolios and, therefore, our financial condition. In the event that
investments must be sold in order to make payments on insured exposures or other liabilities, such investments would likely be sold at discounted prices. Increases in interest rates also adversely affect the values of investments collateralizing our
investment agreement liabilities in our corporate operations, which would require the Company to post additional collateral to its counterparties. Additionally, in the insurance operations, increasing interest rates could lead to increased credit
stress on transactions in our insured portfolio, while a decline in interest rates could result in larger loss reserves on a present value basis. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">20 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Lower interest rates can result in lower net interest income since a substantial amount of assets are now held in cash
and cash equivalents given the increased focus on liquidity. Lower interest rates would also adversely impact the value of our interest rate swap contracts in our corporate operations, and would require the Company to post additional collateral to
its counterparties. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition, the Company is exposed to foreign currency exchange rate fluctuation risk in respect of assets and liabilities denominated in
currencies other than U.S. dollars. In addition to insured liabilities denominated in foreign currencies, some of the remaining liabilities in our corporate segment are denominated in currencies other than U.S. dollars and the assets of our
corporate segment are predominantly denominated in U.S. dollars. Accordingly, the weakening of the U.S. dollar versus foreign currencies could substantially increase our potential obligations and statutory capital exposure. Conversely, the Company
makes investments denominated in a foreign currency and the weakening of the foreign currency versus the U.S. dollar will diminish the value of such <FONT STYLE="white-space:nowrap">non-U.S.</FONT> dollar denominated asset. Exchange rates have
fluctuated significantly in recent periods and may continue to do so in the future, which could adversely impact the Company&#146;s financial position, results of operations and cash flows. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>MBIA Corp. Risk Factors </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As described further and for the reasons
stated herein, we believe that MBIA Corp. will not provide significant economic or shareholder value to MBIA Inc. For additional information on MBIA Corp., refer to &#147;Results of Operations&#151;International and Structured Finance
Insurance&#148; in Part II, Item&nbsp;7 of this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> Additionally, also as described further herein, given the separation of MBIA Inc. and MBIA Corp. as distinct legal entities, the absence of any cross
defaults between the entities, and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of dividends, we do not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by the NYSDFS would have any significant
long-term impact on the financial condition or liquidity of MBIA Inc. However, there can be no assurance that the financial condition or a rehabilitation or liquidation proceeding of MBIA Insurance Corporation would not have an adverse impact on
MBIA Inc. The risk factors described below with respect to MBIA Corp. are set forth for that reason, as well as for an independent understanding of the risks to MBIA Corp. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Continuing elevated loss payments and delay or failure in realizing expected recoveries on insured transactions may materially and adversely affect MBIA Insurance
Corporation&#146;s statutory capital and its ability to meet liquidity needs and could cause the NYSDFS to put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding if the NYSDFS concludes that MBIA Insurance Corporation will
not be able to pay expected claims. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation is particularly sensitive to the risk that it will not have sufficient capital or liquid
resources to meet contractual payment obligations when due or to make settlement payments in order to terminate insured exposures to avoid losses. While management&#146;s expected liquidity and capital forecasts for MBIA Insurance Corporation
reflect adequate resources to pay expected claims, there are risks to the capital and liquidity forecasts as MBIA Insurance Corporation&#146;s remaining insured exposures and its expected salvage recoveries are potentially volatile. Such volatility
exists in the amount of excess spread and <FONT STYLE="white-space:nowrap">put-back</FONT> recoverable that MBIA Insurance Corporation may collect, its ability to recover the approximately $919&nbsp;million in aggregate claims it paid in respect of
the insured notes (the &#147;Zohar I Notes&#148;) issued by Zohar CDO <FONT STYLE="white-space:nowrap">2003-1,</FONT> Limited (&#147;Zohar I&#148;) and in respect of the insured notes (the &#147;Zohar II Notes&#148;) issued by Zohar II <FONT
STYLE="white-space:nowrap">2005-1</FONT> CDO (&#147;Zohar II&#148;), and the exposure in its remaining insured portfolio, which could deteriorate and result in significant additional loss reserves and claim payments, including claims on insured
exposures that in some cases may require large bullet payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Regarding the recoveries on the payments on the Zohar I Notes and Zohar II Notes, on
November&nbsp;20, 2015 MBIA Insurance Corporation paid a $149&nbsp;million claim on the Zohar I Notes. On January&nbsp;20, 2017 (the &#147;Zohar II Maturity Date&#148;), it paid a claim of approximately $770&nbsp;million (the &#147;Zohar II Claim
Payment&#148;) on the Zohar II Notes (collectively, the &#147;Zohar Claims Payments&#148;). MBIA Insurance Corporation is entitled to reimbursement of the Zohar Claims Payments plus interest and certain costs and expenses and to exercise certain
rights and remedies to seek recovery of the Zohar Claim Payments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">21 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with its satisfaction of the Zohar II Claim Payment, MBIA Insurance Corporation consummated a financing
facility, which is described in more detail under the &#147;Liquidity&#151;MBIA Corp. Liquidity&#148; section in Part II, Item 7 of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> (the &#147;Facility&#148;), with affiliates of certain holders
of its 14% <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Surplus Notes (collectively, the &#147;Senior Lenders&#148;), and with the Company, pursuant to which the Senior Lenders have provided
$325&nbsp;million of senior financing and the Company has provided $38&nbsp;million of subordinated financing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the Facility the Company has also agreed to
provide an additional $50&nbsp;million of subordinated financing to MZ Funding, which MZ Funding will lend to MBIA Insurance Corporation if needed by MBIA Insurance Corporation for liquidity purposes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation believes that the primary source of funds for the repayment of its obligations under the Facility and for reimbursement for the Zohar Claims
Payments will come from the liquidation or refinancing of the loans made to, and equity interests in, companies purportedly controlled by the sponsor and former collateral manager of Zohar I and Zohar II (the &#147;Zohar Sponsor&#148;) and any
claims that MBIA may have against the Zohar Sponsor (collectively, the &#147;Zohar Collateral&#148;). Any proceeds from the Zohar Collateral will first be used to repay MBIA Corporation&#146;s obligations under the Facility, before MBIA Insurance
Corporation can use any such proceeds as reimbursement for the Zohar Claims Payments, except that any payments on or recoveries made on the Zohar II Collateral will be allocated on a <FONT STYLE="white-space:nowrap">pro-rata</FONT> basis to
repayment of the senior notes of the Facility and the MBIA Corp. Payment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Referring to the description of the Facility in &#147;Liquidity&#151;MBIA Corp.
Liquidity&#148; section in Part II, Item 7 of this Form <FONT STYLE="white-space:nowrap">10-K,</FONT> the Company&#146;s ability to collect the principal and interest on the Insured Subordinated Notes will be based primarily on the amount recovered
by MBIA Insurance Corporation with respect to the Collateral, after payment in full of the Insured Senior Notes and other related payment obligations that are senior to the Insured Subordinated Notes, pursuant to the Intercreditor Agreement. Based
on the estimated value of the Collateral in relation to the amount of the Senior Insured Notes and the Subordinated Insured Notes, the Company expects that the recoveries from the Collateral will be sufficient to enable the payment in full of the
Subordinated Insured Notes. There is uncertainty, however, with respect to the realizable value of the Collateral and there can be no assurance that recoveries on the Collateral will be sufficient to pay the Subordinated Insured Notes in full or
that, in the event that recoveries on the Collateral are not sufficient to pay the Subordinated Insured Notes in full, that MBIA Insurance Corporation will be able to pay any shortfall necessary to pay the Subordinated Insured Notes in full under
the policy insuring the Subordinated Insured Notes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Similarly, while MBIA Insurance Corporation believes there will be sufficient recoveries on the Zohar
Collateral to both repay amounts due under the Facility and to substantially reimburse it for the Zohar Claims Payments, there is significant uncertainty with respect to the realizable value of the Zohar Collateral, and there can be no assurance
that recoveries on the Zohar Collateral will be sufficient to pay the Facility, together with accrued interest and other costs in full, particularly in light of the substantial interest and associated costs to be incurred in connection with the
Facility, and to reimburse MBIA Insurance Corporation for the Zohar Claims Payments. If the amount of recoveries on the Zohar Collateral is not sufficient to repay amounts due under the Facility on or before its maturity date and to reimburse MBIA
Insurance Corporation for a substantial portion of the Zohar Claims Payments, MBIA Insurance Corporation would likely incur substantial additional losses, which could materially impair its statutory capital and liquidity. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation believes that if the NYSDFS concludes at any time that MBIA Insurance Corporation will not be able to satisfy its obligations under the
Facility and under its other issued policies, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Article 74 of the NYIL and/or take such other actions as the NYSDFS may deem necessary to
protect the interests of MBIA Insurance Corporation&#146;s policyholders. The determination to commence such a proceeding or take other such actions is within the exclusive control of the NYSDFS. The NYSDFS enjoys broad discretion in this regard,
and any determination they may make would not be limited to consideration of the matters described above. As noted, however, given the separation of MBIA Inc. and MBIA Corp. as distinct legal entities, the absence of any cross defaults between the
entities, and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of dividends, we do not believe that a rehabilitation or liquidation proceeding of MBIA Insurance Corporation by the NYSDFS would have any significant long-term liquidity
impact on MBIA Inc. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">22 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Corp. insures certain transactions that continue to perform poorly and increased losses or a delay or
failure in collecting expected recoveries may materially and adversely affect its financial condition and results of operations. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures certain
structured finance transactions that remain volatile and could result in additional losses, which could be substantial, including RMBS, CDOs, and one CMBS pool transaction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has also recorded significant loss reserves on its RMBS and CDO exposures, and there can be no assurance that these reserves will be sufficient, in
particular if the economy deteriorates. These transactions are also subject to servicer risks, which relates to problems with the transaction&#146;s servicer that could adversely affect performance of the underlying assets. Furthermore, MBIA Corp.
has recorded substantial expected recoveries on certain RMBS, and the timing and amount of those recoveries are subject to risk. Any delay or failure in collecting expected recoveries may materially and adversely affect MBIA Corp.&#146;s financial
condition and results of operations. As of December&nbsp;31, 2017, it recorded expected receipts of $233&nbsp;million on a <FONT STYLE="white-space:nowrap">pre-VIE</FONT> elimination basis (on a present value basis) from excess spread (the
difference between interest inflows on assets and interest outflows on liabilities) in our RMBS transactions, in reimbursement of our past and future expected claims. Of this amount, $226&nbsp;million is included in &#147;Insurance loss
recoverable&#148; and $7&nbsp;million is included in &#147;Loss and loss adjustment expense reserves&#148; on the Company&#146;s consolidated balance sheets. The amount of excess spread depends on future interest rates and borrower refinancing and
defaults. There can be no assurance that this recovery will be received in its entirety or in the expected timeframe. In addition, the Company has recorded a recovery on a transaction containing ineligible loans securitized by Credit Suisse. The
Company is pursuing recovery of its losses on this transaction in a litigation in which its assessment of the ineligibility of individual mortgage loans has been challenged by Credit Suisse, and there is no assurance that the Company&#146;s
determinations will prevail, or that the Company will be successful in collecting its estimated recoveries in the anticipated timeframe. The litigation may take several years to resolve, during which time we will continue to be required to pay
losses on the subject transaction, which may exceed the reserves established for the transaction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">With respect to the one remaining insured static CMBS pool
transaction, it has experienced ratings erosion of the pool&#146;s CMBS collateral. Since 2013, MBIA Corp. has paid claims on this transaction after the deductible was eliminated, and we expect to experience additional claims on this transaction in
the future. The ultimate loss rate on this transaction remains uncertain. It is possible that MBIA Corp. will experience losses or near-term liquidity needs on this transaction, particularly if the economy does not continue to improve, there is a
new recession, increased delinquencies, higher levels of liquidations of delinquent loans, or higher severities of loss upon liquidation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>An MBIA Insurance
Corporation rehabilitation or liquidation proceeding could accelerate certain of the Company&#146;s other obligations and have other adverse consequences. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As noted above, MBIA Insurance Corporation continues to face a number of significant risks and contingencies, which could, if realized, result in MBIA Insurance
Corporation being placed into a rehabilitation or liquidation proceeding by the NYSDFS. In the event of an MBIA Insurance Corporation rehabilitation or liquidation proceeding, the Company may be subject to, among other things, the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">MTNs issued by GFL, which are insured by MBIA Insurance Corporation, would accelerate. To the extent GFL failed to pay the accelerated amounts under the GFL MTNs, the MTN holders would have policy claims against MBIA
Insurance Corporation for scheduled payments of interest and principal; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">An MBIA Insurance Corporation proceeding may accelerate certain investment agreements issued by MBIA Inc., including, in some cases, with make-whole payments. While the investment agreements are fully collateralized
with high quality collateral, the settlements of these amounts could reduce MBIA Inc.&#146;s liquidity resources, and to the extent MBIA Inc. fails to pay the accelerated amounts under these investment agreements or the collateral securing these
investment agreements is deemed insufficient to pay the accelerated amounts due, the holders of the investment agreements would have policy claims against MBIA Insurance Corporation; </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The payment of installment premiums due to National from MBIA Insurance Corporation under the reinsurance agreement between National and MBIA Insurance Corporation (Refer to Item 1, &#147;Our Insurance Operations&#148;,
&#147;Reinsurance&#148; for a description of the agreement) could be disrupted, delayed or subordinated to the claims of policyholders of MBIA Insurance Corporation; </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">23 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 1A. Risk Factors (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">CDS and other derivative counterparties may seek to terminate derivative contracts insured by MBIA Insurance Corporation and make market-based damage claims (irrespective of whether actual credit-related losses are
expected under the underlying exposure); </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">The rehabilitator or liquidator would replace the Board of Directors of MBIA Insurance Corporation and take control of the operations and assets of MBIA Insurance Corporation, which would result in the Company losing
control of MBIA Insurance Corporation and possible changes to MBIA Insurance Corporation&#146;s strategies and management; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Unplanned costs on MBIA Inc., as well as significant additional expenses for MBIA Insurance Corporation arising from the appointment of a rehabilitator or liquidator, as receiver, and payment of the fees and expenses of
the advisors to such rehabilitator or liquidator. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Revenues and liquidity would be adversely impacted by a decline in realization of installment
premiums. </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Due to the installment nature of a significant percentage of its premium income, MBIA Corp. has an embedded future revenue stream. The amount of
installment premiums actually realized by MBIA Corp. could be reduced in the future due to factors such as early termination of insurance contracts, accelerated prepayments of underlying obligations, commutation of existing financial guarantee
insurance policies or <FONT STYLE="white-space:nowrap">non-payment.</FONT> Such a reduction would result in lower revenues and reduced liquidity. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_3">
</A>Item&nbsp;1B. Unresolved Staff Comments </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&nbsp;from time to time receives written comments from the staff of the SEC regarding its periodic or
current reports under the Securities Exchange Act of 1934, as amended. There are no comments that remain unresolved that the Company received more than 180 days before the end of the year to which this report relates. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_4"></A>Item&nbsp;2. Properties </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains
office space located in Purchase, New York, in which the Company, National, MBIA Corp., and MBIA Services Corporation have their headquarters. The Company also leases office space in New York, New York; San Francisco, California; and Mexico City,
Mexico. The Company generally believes that these facilities are adequate and suitable for its current needs. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_5"></A>Item&nbsp;3. Legal
Proceedings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a discussion of the Company&#146;s litigation and related matters, see &#147;Note 20: Commitments and Contingencies&#148; in the Notes to
Consolidated Financial Statements of MBIA Inc. and Subsidiaries in Part II, Item&nbsp;8. In the normal course of operating its businesses, MBIA Inc. may be involved in various legal proceedings. As a courtesy, the Company posts on its website under
the section &#147;Legal Proceedings,&#148; selected information and documents in reference to selected legal proceedings in which the Company is the plaintiff or the defendant. The Company will not necessarily post all documents for each proceeding
and undertakes no obligation to revise or update them to reflect changes in events or expectations. The complete official court docket can be publicly accessed by contacting the clerk&#146;s office of the respective court where each litigation is
pending. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_6"></A>Item&nbsp;4. Mine Safety Disclosures </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Not applicable. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">24 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part II </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%" VALIGN="top" ALIGN="left"><B><A NAME="toc437986_7"></A>Item&nbsp;5.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities </B></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s common stock is listed on the New York Stock Exchange under the symbol &#147;MBI.&#148; As of February&nbsp;22, 2018, there were 359 shareholders of
record of the Company&#146;s common stock. The Company did not pay cash dividends on its common stock during 2017 or 2016. For information on the ability for certain subsidiaries of the Company to transfer funds to the Company in the form of cash
dividends or otherwise, refer to &#147;Item 1. Business&#151;Insurance Regulation&#148; in this annual report. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The high and low sales stock prices with respect to
the Company&#146;s common stock for the last two years are presented below: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Quarter Ended</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Low&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;High&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Low&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March&nbsp;31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11.65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5.51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June&nbsp;30</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September&nbsp;30</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.04</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws
and other legal requirements. We believe that share repurchases can be an appropriate deployment of capital in excess of amounts needed to support our liquidity and maintain the claims-paying ratings of MBIA Corp. and National as well as other
business needs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On February&nbsp;23, 2016, the Company&#146;s Board of Directors authorized the repurchase by the Company or National of up to $100&nbsp;million of
its outstanding shares under a new share repurchase authorization. As of December&nbsp;31, 2017, there was no remaining authorized capacity under the February&nbsp;23, 2016 repurchase program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;27, 2017, the Company&#146;s Board of Directors authorized the repurchase by the Company or National of up to $250&nbsp;million of its outstanding shares
under a new share repurchase authorization. This program replaced the approximately $13&nbsp;million remaining under the Board&#146;s February&nbsp;23, 2016 authorization. As of December&nbsp;31, 2017, there was no remaining authorized capacity
under the June&nbsp;27, 2017 repurchase program. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On November&nbsp;3, 2017, the Company&#146;s Board of Directors authorized the repurchase by the Company or
National of up to $250&nbsp;million of its outstanding shares under a new share repurchase authorization. As of December&nbsp;31, 2017, $250&nbsp;million remained available under the November&nbsp;3, 2017 repurchase program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The table below presents repurchases made by the Company or National in each month during the fourth quarter of 2017. See &#147;Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters&#148; in Part III for a further discussion of securities authorized for issuance under long-term incentive plans. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Month</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Number<BR>of&nbsp;Shares<BR>Purchased<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average<BR>Price<BR>Paid&nbsp;Per<BR>Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Number&nbsp;of<BR>Shares<BR>Purchased&nbsp;as<BR>Part&nbsp;of&nbsp;Publicly<BR>Announced&nbsp;Plan</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum&nbsp;Amount&nbsp;That<BR>May&nbsp;Be&nbsp;Purchased&nbsp;Under<BR>the Plan&nbsp;(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">October</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27,068,764</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27,067,713</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">November</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,264,245</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,263,932</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50,179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes 1,051 shares in October, 313 shares in November and 50,179 shares in December purchased in open market transactions as investments in
the Company&#146;s <FONT STYLE="white-space:nowrap">non-qualified</FONT> deferred compensation plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, 283,717,973 shares of Common
Stock of the Company, par value $1 per share, were issued and 91,484,447 shares were outstanding. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">25 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%" VALIGN="top" ALIGN="left"><B></B><B><I>Item&nbsp;5.</I></B></TD>
<TD ALIGN="left" VALIGN="top"><B><I>Market for Registrant&#146;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities (continued)</I></B><B> </B></TD></TR></TABLE>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Stock Performance Graph</B> The following graph compares the cumulative total shareholder return (rounded to the
nearest whole dollar) of our common stock, the S&amp;P 500 Index (&#147;S&amp;P 500 Index&#148;) and the S&amp;P 500 Financials Sector Index (&#147;S&amp;P Financials Index&#148;) for the last five fiscal years. The graph assumes a $100 investment
at the closing price on December&nbsp;31, 2012 and reinvestment of dividends in the security/index on the respective dividend payment dates without commissions. This graph does not forecast future performance of our common stock. </P>
<P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g437986g28f24.jpg" ALT="LOGO">
 </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2012&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2013&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2014&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. Common Stock</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152.10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121.53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">136.31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93.25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>S&amp;P 500 Index</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132.37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150.48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">170.78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">208.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>S&amp;P Financials Index</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.00</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135.59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">156.17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">153.72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188.69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:2%; text-indent:-2%; font-size:10pt; font-family:ARIAL">Source: Bloomberg Finance L.P. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">26 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_8"></A>Item 6. Selected Financial Data </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2014</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2013</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Summary Statement of Operations Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">397</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(282)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">853</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,209</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">338</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,094</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">629</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">416</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">569</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" COLSPAN="8"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2.76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Summary Balance Sheet Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments and cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,796</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,814</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,559</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7,996</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,215</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,672</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,378</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,041</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,592</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,095</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11,137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14,836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,263</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16,931</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">752</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">958</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,591</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,441</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">979</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">541</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">516</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">641</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,889</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,789</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,680</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">765</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">895</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,016</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">399</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">462</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">547</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">314</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">437</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,241</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,096</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,804</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,297</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,425</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,239</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,741</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,950</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15.44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23.87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24.61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20.47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17.05</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Insurance Statistical Data:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Debt service outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">154,945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">235,899</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">326,612</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">437,778</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">554,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross par amount outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141,225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">202,661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">277,481</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">357,246</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">27 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 6. Selected Financial Data (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2%; text-indent:-2%; font-size:10pt; font-family:ARIAL"><B>Quarterly Financial Information (unaudited): </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>First</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Second</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Third</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fourth</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Full&nbsp;Year<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(53)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(71)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">251</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">214</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">309</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,094</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(120)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(210)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(273)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(58)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,229)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(267)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(37)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9.78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9.78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR></TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;May not cross-foot due to rounding. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="67%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>First</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Second</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Third</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fourth</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Full&nbsp;Year<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(279)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(282)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(238)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(265)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.58)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.01)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.58)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(0.20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">0.23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.01)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;May not
cross-foot due to rounding. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">28 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_9"></A>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of
Operations </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>The following discussion and analysis of financial condition and results of operations of MBIA Inc. should be read in conjunction with the
consolidated financial statements and notes thereto included in this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> In addition, this discussion and analysis of financial condition and results of operations includes statements of the opinion of
MBIA Inc.&#146;s management which may be forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from historical earnings and those presently anticipated or projected. Refer to &#147;Forward-Looking Statements&#148; and &#147;Risk Factors&#148; in Part I, Item 1A of this Form
<FONT STYLE="white-space:nowrap">10-K</FONT> for a further discussion of risks and uncertainties. </I></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>INTRODUCTION </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., together with its consolidated subsidiaries, (collectively, &#147;MBIA&#148;, the &#147;Company&#148;, &#147;we&#148;, &#147;us&#148;, or &#147;our&#148;)
operates within the financial guarantee insurance industry. MBIA manages its business within three operating segments: 1) United States (&#147;U.S.&#148;) public finance insurance; 2) corporate; and 3) international and structured finance insurance.
Our U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation (&#147;National&#148;), our corporate segment is operated through MBIA Inc. and several of its subsidiaries, including our service company,
MBIA Services Corporation (&#147;MBIA Services&#148;) and our international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&#147;MBIA Corp.&#148;). Effective on
January&nbsp;10, 2017, MBIA Corp.&#146;s wholly-owned subsidiary, MBIA UK (Holdings) Limited (&#147;MBIA UK Holdings&#148;), sold its operating subsidiary, MBIA UK Insurance Limited (&#147;MBIA UK&#148;), to Assured Guaranty Corp.
(&#147;Assured&#148;), a subsidiary of Assured Guaranty Ltd. References to MBIA Inc. generally refer to activities within our corporate segment and, unless otherwise indicated or the context otherwise requires, references to &#147;MBIA Corp.&#148;
are (i)&nbsp;for any references relating&nbsp;to the period ended January&nbsp;10, 2017, to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK, and MBIA Mexico S.A. de C.V (&#147;MBIA Mexico&#148;) and (ii)&nbsp;for any references
relating to the period after January&nbsp;10, 2017, to MBIA Insurance Corporation together with MBIA Mexico. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s primary objective is to maximize the
economics of our existing insured portfolio, including our insured exposure with the Commonwealth of Puerto Rico and certain of its instrumentalities (&#147;Puerto Rico&#148;), through effective surveillance and remediation and to manage its
investment portfolio. Our corporate segment consists of general corporate activities, including providing support services to MBIA&#146;s operating subsidiaries and asset and capital management. MBIA Corp.&#146;s primary objectives are to satisfy
claims for its policyholders, maximize future recoveries, if any, for its senior lending and other surplus note holders and, then its preferred stock holders. MBIA Corp. is executing this strategy by pursuing various actions focused on maximizing
the collection of recoveries and reducing and mitigating potential losses on its insurance exposures. We do not expect National and MBIA Corp. to write new business. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>EXECUTIVE OVERVIEW </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>2017 Events </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following is a summary of notable 2017 events: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In July of 2017, Puerto Rico defaulted on scheduled debt service for National insured bonds. National paid gross claims in the aggregate of $242&nbsp;million during 2017. On January&nbsp;1, 2018, Puerto Rico also
defaulted on scheduled debt service for National insured bonds and National paid gross claims in the aggregate of $69&nbsp;million.&nbsp;As of December&nbsp;31, 2017, National had $3.4&nbsp;billion of gross insured par outstanding ($3.9&nbsp;billion
of gross insured par outstanding when including accreted interest on insured capital appreciation bonds (&#147;CABs&#148;)) related to Puerto Rico. Refer to the &#147;U.S. Public Finance Insurance Puerto Rico Exposures&#148; section for additional
information on our Puerto Rico exposures. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">29 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In the second quarter of 2017, Standard&nbsp;&amp; Poor&#146;s Financial Services LLC (&#147;S&amp;P&#148;) downgraded the financial strength rating of National from <FONT STYLE="white-space:nowrap">AA-</FONT> with a
stable outlook to A with a stable outlook. We believe that National&#146;s ability to write new business and to compete with other financial guarantors was largely dependent on the financial strength ratings assigned to National by major rating
agencies, and with the A rating assigned by S&amp;P, it would be difficult for National to compete with higher-rated competitors. Therefore, at that time, we ceased our efforts to actively pursue writing new financial guarantee business. National
immediately initiated cost savings measures related to the cessation of new business, which included reducing our headcount by approximately 25%. Operating expenses for the year ended December&nbsp;31, 2017 include $8&nbsp;million of costs
associated with the headcount reduction. Refer to the &#147;U.S. Public Finance Insurance&#148; section for additional information on the U.S. public finance insurance business and the below discussion &#147;Financial Strength Ratings&#148; for
additional information about our ratings. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In the second quarter of 2017, we recorded a full valuation allowance on our net deferred tax asset. The full valuation allowance resulted from our conclusion that, at this time, we do not have sufficient positive
evidence required by accounting principles generally accepted in the United States of America (&#147;GAAP&#148;) to support our ability to use our net deferred tax asset before it expires. Refer to the following &#147;Taxes&#148; section and
&#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for further information about this valuation allowance on our net deferred tax asset. Notwithstanding the establishment of the valuation allowance on our net
deferred tax asset, the Company believes that it may be able to derive some economic benefit over time from its net deferred tax asset before the expirations associated with that asset based upon expected earnings at National and potential future
sources of taxable income to be identified by the Company. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In the first quarter of 2017, we completed the sale of MBIA UK and executed a secured financing facility which enabled MBIA Corp. to satisfy a claim of $770&nbsp;million on an insurance policy insuring certain notes
issued by Zohar II <FONT STYLE="white-space:nowrap">2005-1,</FONT> Limited (&#147;Zohar II&#148;). Refer to the following &#147;Results of Operations&#148; and &#147;Liquidity&#148; sections for a further discussion of the sale of MBIA UK and the
financing facility. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">In September of 2017, William C. Fallon replaced Joseph W. Brown as Chief Executive Officer of MBIA Inc., bringing to conclusion MBIA Inc.&#146;s long-term succession plan, which had been implemented over the past two
years. </TD></TR></TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Highlights </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables
present our financial highlights. A detailed discussion of our financial results is presented within the &#147;Results of Operations&#148; section included herein. Refer to the &#147;Capital Resources&#151;Insurance Statutory Capital&#148; section
for a discussion of National&#146;s and MBIA Insurance Corporation&#146;s capital positions under statutory accounting principles (&#147;U.S. STAT&#148;). </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="75%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except for per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per diluted share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted net income (loss)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(410)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted net income (loss) per diluted
share<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3.45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cost of shares repurchased</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">303</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Adjusted net income (loss) and adjusted net income (loss) per diluted share are <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures. These <FONT
STYLE="white-space:nowrap">non-GAAP</FONT> measures were previously referred to as operating income (loss) and operating income (loss) per diluted share. Refer to the following &#147;Results of Operations&#148; section for a discussion of adjusted
net income (loss) and adjusted net income (loss) per diluted share and a reconciliation of GAAP net income (loss) to adjusted net income (loss) and GAAP net income (loss) per diluted share to adjusted net income (loss) per diluted share. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">30 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>EXECUTIVE OVERVIEW (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Shareholders&#146; equity of MBIA Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,413</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23.87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted book value per share<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29.32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31.88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Adjusted book value per share is a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measure. Refer to the following &#147;Results of
Operations&#148; section for a discussion of adjusted book value and a reconciliation of GAAP book value per share to adjusted book value per share. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Strength Ratings </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, MBIA Inc., on behalf of its
subsidiaries, National and MBIA Corp., provided notice to Moody&#146;s Investors Services (&#147;Moody&#146;s&#148;) and S&amp;P terminating the agreements by which Moody&#146;s and S&amp;P agreed to provide financial strength ratings to MBIA Inc.,
National, MBIA Corp. and MBIA Mexico. Also in 2017, National provided notice to Kroll Bond Rating Agency (&#147;Kroll&#148;) terminating the agreement by which Kroll agreed to provide a financial strength rating to National. In December of 2017,
S&amp;P affirmed National&#146;s A with a stable outlook rating and subsequently withdrew all of its ratings and Kroll downgraded National&#146;s rating from AA+ to AA with a negative outlook and subsequently withdrew its rating. In January of 2018,
Moody&#146;s downgraded National&#146;s rating to Baa2 from A3 with a stable outlook, affirmed MBIA Corp.&#146;s rating at Caa1 with a developing outlook, downgraded MBIA Inc.&#146;s rating to Ba3 with a stable outlook from Ba1 with a negative
outlook, and affirmed MBIA Mexico&#146;s Caa1/B3.mx with a developing outlook rating. Moody&#146;s, at its discretion and in the absence of a contract with the Company, continues to maintain ratings on MBIA Inc. and its subsidiaries. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Economic and Financial Market Trends </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The U.S. economy continued to
improve during the fourth quarter of 2017. The labor market remains strong and economic activity has been increasing steadily. In addition, U.S. home prices across the country have maintained a positive trajectory over the year and there has been an
increase in business investment. Gross domestic product increased during the quarter, driven by consumer spending and business investment and unplanned spending due to the effects of the hurricanes in the third quarter of 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Federal Open Market Committee (&#147;FOMC&#148;) increased its target for the federal funds rate in December of 2017 by 25 basis points citing the economic factors
of a strong labor market and solid economic growth along with low inflation. There is an expectation of three rate increases in 2018. The FOMC stated that it will continue to monitor economic conditions relative to its objectives of maximum
employment and 2% inflation as they work to a path towards a relatively gradual normalization of rates. Congress successfully passed comprehensive tax reform in December of 2017 which includes a reduction in the corporate federal tax rate to 21%,
effective on January&nbsp;1, 2018. Tax reform, along with Congress&#146; emphasis on a reduction in regulation, is expected to lead to continued economic growth. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Economic and financial market trends could impact MBIA&#146;s business outlook and its financial results. Many states and municipalities have experienced growing tax
collections that resulted from increased economic activity and higher assessed property valuations.&nbsp;The economic improvement at the state and local level strengthens the credit quality of the issuers of our insured municipal bonds, improves the
performance of our insured U.S. public finance portfolio and could reduce the amount of National&#146;s potential incurred losses.&nbsp;In addition, higher projected interest rates could yield increased returns on our Company&#146;s investment
portfolio. A decrease in oil prices could have a positive impact on certain sales taxes to the extent consumer spending increases as a result. However, some states and municipalities will experience a decrease in revenues where their economies are
reliant on the oil and gas industries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>CRITICAL ACCOUNTING ESTIMATES </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We
prepare our financial statements in accordance with GAAP, which requires the use of estimates and assumptions. The following accounting estimates are viewed by management to be critical because they require significant judgment on the part of
management. Management has discussed and reviewed the development, selection, and disclosure of critical accounting estimates with the Company&#146;s Audit Committee. Financial results could be materially different if other methodologies were used
or if management modified its assumptions. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">31 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CRITICAL ACCOUNTING ESTIMATES (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and Loss Adjustment Expense Reserves </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense (&#147;LAE&#148;) reserves are established by loss reserve committees in each of our major operating insurance companies (National and
MBIA Insurance Corporation) and reviewed by our executive Loss Reserve Committee, which consists of members of senior management. Loss and LAE reserves include case basis reserves and accruals for LAE incurred with respect to <FONT
STYLE="white-space:nowrap">non-derivative</FONT> financial guarantees. Case basis reserves represent our estimate of expected losses to be paid under insurance contracts, net of expected recoveries, on insured obligations that have defaulted or are
expected to default. These reserves require the use of judgment and estimates with respect to the occurrence, timing and amount of paid losses and recoveries on insured obligations. Given that the reserves are based on such estimates and
assumptions, there can be no assurance that the actual ultimate losses will not be greater than or less than such estimates, resulting in the Company recognizing additional or reversing excess loss and LAE reserves through earnings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We take into account a number of variables in establishing specific case basis reserves for individual policies that depend primarily on the nature of the underlying
insured obligation. These variables include the nature and creditworthiness of the issuers of the insured obligations, expected recovery rates on unsecured obligations, the projected cash flow or market value of any assets pledged as collateral on
secured obligations, and the expected rates of recovery, cash flow or market values on such obligations or assets. Factors that may affect the actual ultimate realized losses for any policy include economic conditions and trends, political
developments, the extent to which sellers/servicers comply with the representations or warranties made in connection therewith, levels of interest rates, rates of inflation, borrower behavior, the default rate and salvage values of specific
collateral, and our ability to enforce contractual rights through litigation and otherwise. Our remediation strategy for an insured obligation that has defaulted or is expected to default may also have an impact on our loss reserves. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In establishing case basis loss reserves, we calculate the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount
rate equal to the risk-free rate applicable to the currency and the weighted average remaining life of the insurance contract. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which represent the
majority of our loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for a comprehensive discussion of our loss
reserves and recoveries, including critical accounting estimates used in the determination of these amounts. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Valuation of Financial Instruments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have categorized our financial instruments measured at fair value into the three-level hierarchy according to accounting guidance for fair value measurements and
disclosures based on the significance of pricing inputs to the measurement in its entirety. Fair value measurements of financial instruments that use quoted prices in active markets for identical assets or liabilities are generally categorized as
Level&nbsp;1, fair value measurements of financial instruments that use quoted prices in markets that are not active where significant inputs are observable are generally categorized as Level&nbsp;2, and fair value measurements of financial
instruments where significant inputs are not observable are generally categorized as Level&nbsp;3. We categorize our financial instruments based on the lowest level category at which we can generate reliable fair values. The determination of
reliability requires management to exercise judgment. The degree of judgment used to determine the fair values of financial instruments generally correlates to the degree that pricing is not observable. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value measurements of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data
is obtained from a variety of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, we use alternate valuation methods, including either dealer quotes for similar contracts or
modeling using market data inputs. The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to these variables may produce materially different values. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">32 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>CRITICAL ACCOUNTING ESTIMATES (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value pricing of assets and liabilities is a function of many components which include interest rate risk,
market risk, liquidity risk and credit risk. For financial instruments that are internally valued by the Company, as well as those for which the Company uses broker quotes or pricing services, credit risk is typically incorporated by using
appropriate credit spreads or discount rates as inputs. Substantially all of the Company&#146;s investments carried and reported at fair value are priced by independent third parties, including pricing services and brokers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Instruments that trade infrequently and, therefore, have little or no price transparency are classified within Level&nbsp;3 of the fair value hierarchy. Also included
in Level&nbsp;3 are financial instruments that have significant unobservable inputs deemed significant to the instrument&#146;s overall fair value. Level&nbsp;3 assets represented approximately 30% and 21% of total assets measured at fair value on a
recurring basis as of December&nbsp;31, 2017 and 2016, respectively. Level&nbsp;3 liabilities represented approximately 41% and 37% of total liabilities measured at fair value on a recurring basis as of December&nbsp;31, 2017 and 2016, respectively.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 7: Fair Value of Financial Instruments&#148; in the Notes to Consolidated Financial Statements for further information about the Company&#146;s
financial assets and liabilities that are accounted for at fair value, including valuation techniques and significant inputs. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deferred Income Taxes
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Deferred income taxes are recorded with respect to the temporary differences between the tax bases of assets and liabilities and the reported amounts in our
consolidated financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Our temporary differences relate principally to net operating losses,
premium revenue recognition, accrued interest on outstanding surplus notes, insured loss reserves, unrealized gains or losses on investments and insured derivatives and deferred acquisition costs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Valuation allowances are established to reduce deferred tax assets. Changes in the amount of a valuation allowance are reflected within our provision for income taxes
in our consolidated statements of operations. Determining whether to establish a valuation allowance and, if so, the amount of the valuation allowance requires management to exercise judgment and make assumptions regarding whether such tax benefits
will be realized in future periods prior to the expiration of the deferred tax assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In evaluating our ability to recover our net deferred tax asset, we consider
all available positive and negative evidence, including scheduled reversals of deferred tax liabilities, projected future taxable income, and results of recent operations. In projecting future taxable income, we begin with historical results and
incorporate assumptions about the amount of future federal <FONT STYLE="white-space:nowrap">pre-tax</FONT> income. The assumptions about future taxable income require significant judgment and are consistent with the plans and estimates we are using
to manage our underlying businesses. Actual future taxable income or loss could be significantly different from our projections. In evaluating the objective evidence that recent results provide, we consider the prior three years of cumulative <FONT
STYLE="white-space:nowrap">pre-tax</FONT> comprehensive income (loss). We consider a trend of comprehensive income to be positive evidence of our ability to recover our net deferred tax asset and a trend of comprehensive losses to be negative
evidence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, the Company established a full valuation allowance against its net deferred tax asset. The Company will continue to analyze the valuation
allowance on a quarterly basis. Refer to the following &#147;Taxes&#148; section and &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for further information about this valuation allowance on our net deferred tax
asset. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>RECENT ACCOUNTING PRONOUNCEMENTS </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 3: Recent
Accounting Pronouncements&#148; in the Notes to Consolidated Financial Statements for a discussion of accounting guidance recently adopted by the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">33 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>RESULTS OF OPERATIONS </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary of Consolidated Results </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents a summary
of our consolidated financial results for the years ended December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="53%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except for per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">853</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,094</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per common share:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average number of common shares outstanding:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118,930,282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133,001,088</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163,936,318</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118,930,282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133,001,088</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164,869,788</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>2017 vs. 2016 </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The increase in consolidated
total revenues was primarily due to an impairment loss related to the sale of MBIA UK recorded in 2016, gains related to changes in the fair values of assets of consolidated variable interest entities (&#147;VIEs&#148;) and warrants on MBIA Inc.
stock and a realized gain related to the settlement of litigation, partially offset by foreign exchange losses on Euro denominated liabilities due to the weakening of the U.S. dollar, an increase in net investment losses related to
other-than-temporary impairments (&#147;OTTI&#148;) and lower net premiums earned due to higher refunding activity in 2016. The increase in OTTI related to several impaired securities for which a loss was recognized as the difference between a
security&#146;s amortized cost and fair value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Consolidated total expenses for the years ended December&nbsp;31, 2017 and 2016 included $683&nbsp;million and
$220&nbsp;million, respectively, of net insurance losses and LAE. This increase was principally due to losses incurred on certain Puerto Rico exposures and insured first-lien residential mortgage-backed securities (&#147;RMBS&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The provision (benefit) for income taxes increased for 2017 compared with 2016 primarily due to the establishment of a full valuation allowance against the
Company&#146;s net deferred tax asset. Refer to the following &#147;Taxes&#148; section and &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for further information about this valuation allowance on our net
deferred tax asset. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>2016 vs. 2015 </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decrease in consolidated total
revenues was primarily due to an impairment loss related to the sale of MBIA UK, a decrease in net gains on insured derivatives and lower net premiums earned due to higher refunding activity in 2015. Net losses on insured derivatives in 2016 were
primarily the result of claim payments on commercial mortgage-backed securities (&#147;CMBS&#148;) transactions. Net gains on insured derivatives in 2015 were principally the result of changes in transaction-specific factors, such as credit ratings,
partially offset by claim payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Consolidated total expenses for the years ended December&nbsp;31, 2016 and 2015 included $220&nbsp;million and
$123&nbsp;million, respectively, of net insurance losses and LAE. This increase was principally due to losses incurred on certain Puerto Rico exposures and insured second-lien RMBS transactions, partially offset by decreases in insured
collateralized debt obligation (&#147;CDO&#148;) losses. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">34 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I><FONT STYLE="white-space:nowrap">Non-GAAP</FONT> Adjusted Net Income (Loss) </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to our results prepared in accordance with GAAP, we also analyze the operating performance of the Company using adjusted net income (loss), and adjusted net
income (loss) per diluted common share, both <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures. Previously, these <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures were referred to as combined operating income (loss) and combined
operating income (loss) per diluted common share. There was no change to the calculation of these <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures. There was only a change to the names of these
<FONT STYLE="white-space:nowrap">non-GAAP</FONT> measures. Since adjusted net income (loss) is used by management to assess performance and make business decisions, we consider adjusted net income (loss) and adjusted net income (loss) per diluted
common share fundamental measures of periodic financial performance which are useful in understanding our results. Adjusted net income (loss) and adjusted net income (loss) per diluted common share are not substitutes for net income (loss) and net
income (loss) per diluted common share determined in accordance with GAAP, and our definitions of adjusted net income (loss) and adjusted net income (loss) per diluted common share may differ from those used by other companies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Adjusted net income (loss) and adjusted net income (loss) per diluted common share include the <FONT STYLE="white-space:nowrap">after-tax</FONT> results of the Company
and remove the <FONT STYLE="white-space:nowrap">after-tax</FONT> results of our international and structured finance insurance segment, which is not part of our ongoing business strategy, as well as the following: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the impact of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains (losses) on financial instruments that primarily include interest rate swaps and hybrid
financial instruments. Also eliminated are the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains (losses) on warrants issued by the Company. All of these amounts fluctuate based on market interest
rates, credit spreads, MBIA Inc.&#146;s common stock price and other market factors. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of foreign exchange gains (losses) on the remeasurement of certain assets and liabilities and transactions in <FONT STYLE="white-space:nowrap">non-functional</FONT> currencies. Given the possibility of
volatility in foreign exchange markets, we exclude the impact of foreign exchange gains (losses) to provide a measurement of comparability of adjusted net income (loss). </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of gains (losses) on the sale of investments, net investment losses related to OTTI and net gains (losses) on extinguishment of debt since the timing of these transactions are subject to management&#146;s
assessment of market opportunities and capital liquidity positions. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Elimination of the tax provision as a result of establishing a full valuation allowance against the Company&#146;s net deferred tax asset in 2017. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our adjusted net income (loss) and adjusted net income (loss) per diluted common share and provides a reconciliation of GAAP net income
(loss) to adjusted net income (loss) for the years ended December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions, except share and per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: adjusted net income adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes of our international and structured finance insurance segment and
eliminations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(185)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(475)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjustments to income before income taxes of our U.S. public finance insurance and corporate
segments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-market</FONT></FONT> gains
(losses) on financial instruments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign exchange gains (losses)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(63)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on sales of investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted net income adjustment to the (provision) benefit for income tax<SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(944)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(410)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted net income (loss) per diluted common share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(3.45)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">0.23<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">0.52<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">35 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:3%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(1)&#151;Reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; on the Company&#146;s consolidated
statements of operations. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily relates to the results from the sale of Cutwater. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Provision (benefit) for income taxes&#148; on the Company&#146;s consolidated statements of operations. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(4)&#151;Adjusted net income (loss) per diluted common share is calculated by taking adjusted net income (loss) divided by GAAP weighted average number of
diluted common shares outstanding. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:8pt; font-family:ARIAL">(5)&#151;Adjusted net income (loss) per diluted common share is calculated by taking adjusted net income (loss)
divided by the weighted average number of diluted common shares outstanding, which includes the GAAP diluted weighted average number of common shares of 133,001,088 and the dilutive effect of common stock equivalents of 444,557 shares. </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Adjusted Book Value </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to book value per share, we also
analyze adjusted book value (&#147;ABV&#148;) per share, a <FONT STYLE="white-space:nowrap">non-GAAP</FONT> measure. We consider ABV a measure of fundamental value of the Company and the change in ABV an important measure of financial performance.
ABV adjusts GAAP book value to remove the legal entity book value of MBIA Corp. In addition, ABV adjusts for certain items which the Company believes will reverse from GAAP book value through GAAP earnings and other comprehensive income, as well as
add in the impact of certain items which the Company believes will be realized in GAAP book value in future periods. The Company has limited such adjustments to those items that it deems to be important to fundamental value and performance and for
which the likelihood and amount can be reasonably estimated. We have presented ABV to allow investors and analysts to evaluate the Company using the same measure that MBIA&#146;s management regularly uses to measure financial performance and value.
ABV is not a substitute for and should not be viewed in isolation of GAAP book value, and our definition of ABV may differ from that used by other companies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2017, ABV per share was $29.32, a decrease from $31.88 as of December&nbsp;31, 2016. The decrease in ABV per share was primarily driven by the establishment of a full valuation allowance on the Company&#146;s net deferred tax asset
and losses incurred on certain Puerto Rico exposures, partially offset by a decrease in common shares outstanding from the share repurchases made by the Company during 2017. The following table provides a reconciliation of consolidated book value
per share to consolidated ABV per share: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="74%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except share and per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total shareholders&#146; equity of MBIA Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,413</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Common shares outstanding</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91,484,447</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">135,200,831</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15.44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23.87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reverse book value of the MBIA Corp. legal
entity<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.07</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Book value after MBIA Corp. legal entity adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24.28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other book value adjustments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reverse net unrealized (gains) losses included in other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Add net unearned premium revenue<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Add tax effect on unrealized (gains) losses and unearned premium revenue<SUP
STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other book value adjustments per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.04</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Adjusted book value per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29.32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31.88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;The book value
of the MBIA Corp. legal entity does not provide significant economic or shareholder value to MBIA Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Consists of financial guarantee premiums, net of
deferred acquisition costs. The discount rate on financial guarantee installment premiums was the risk-free rate as defined by the accounting principles for financial guarantee insurance contracts. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;As of December&nbsp;31, 2017, ABV per share was adjusted by applying a zero effective tax rate to the book value adjustments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">36 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our U.S. public finance insurance portfolio is managed through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of
the payment of the principal of, and interest or other amounts owing on, insured obligations when due or, in the event National has exercised, at its discretion, the right to accelerate the payment under its policies upon the acceleration of the
underlying insured obligations due to default or otherwise. National&#146;s guarantees insure municipal bonds, including <FONT STYLE="white-space:nowrap">tax-exempt</FONT> and taxable indebtedness of U.S. political subdivisions, as well as utility
districts, airports, healthcare institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public
purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, user fees or tariffs related to the use of these projects, lease payments or other similar types of
revenue streams. As of December&nbsp;31, 2017, National had total insured gross par outstanding of $71.9&nbsp;billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;26, 2017, S&amp;P downgraded
the financial strength rating of National from <FONT STYLE="white-space:nowrap">AA-</FONT> with a stable outlook to A with a stable outlook. S&amp;P noted that the downgrade of National was based on its view that National had not gained wide market
acceptance as demonstrated by its low new business volume. We determined that with the A rating it would be difficult for National to compete with higher-rated competitors, and therefore, we ceased at that time our efforts to actively pursue writing
new financial guarantee business. Subsequent to the S&amp;P financial strength rating downgrade, National terminated its agreement for ratings from S&amp;P, Moody&#146;s and Kroll. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National continues to surveil and remediate its existing insured portfolio and will seek opportunities to enhance shareholder value using its strong financial
resources, while protecting the interests of its policyholders. Certain state and local governments and territory obligors that National insures remain under financial and budgetary stress. This could lead to an increase in defaults by such entities
on the payment of their obligations and losses or impairments on a greater number of the Company&#146;s insured transactions. In particular, Puerto Rico is experiencing significant fiscal stress and constrained liquidity due to, among other things,
Puerto Rico&#146;s structural budget imbalance, the lack of access to the capital markets, a stagnating local economy, net migration of people out of Puerto Rico and a high debt burden. Although Puerto Rico has tried to address its challenges
through various fiscal policies, it continues to experience significant fiscal stress. Also, on September&nbsp;20, 2017, Hurricane Maria made landfall in Puerto Rico as a Category 4 hurricane resulting in catastrophic damage to much of the
island&#146;s basic infrastructure, including its electrical transmission and distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September&nbsp;21, 2017, the President of the United States approved a
Major Disaster Declaration for Puerto Rico and the Federal Emergency Management Agency (&#147;FEMA&#148;) made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Refer to the &#147;U.S. Public Finance Insurance
Puerto Rico Exposures&#148; section for additional information on our Puerto Rico exposures. We continue to monitor and analyze these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">37 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our U.S. public finance insurance segment results for the years ended December&nbsp;31,
2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">236</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">304</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-71%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-60%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-150%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-53%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-25%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">607</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(407)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">291</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(152)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(255)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">176</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">191</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">n/m&#151;Percent</TD>
<TD ALIGN="left" VALIGN="top">change not meaningful. </TD></TR></TABLE> <P STYLE="font-size:0pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET PREMIUMS EARNED Net
premiums earned on financial guarantees represent gross premiums earned net of premiums ceded to reinsurers, and include scheduled premium earnings and premium earnings from refunded issues. The decrease in net premiums earned for 2017 compared with
2016 resulted from decreases in refunded premiums earned of $41&nbsp;million and scheduled premiums earned of $21&nbsp;million. The decrease in net premiums earned for 2016 compared with 2015 resulted from decreases in refunded premiums earned of
$42&nbsp;million and scheduled premiums earned of $26&nbsp;million. Scheduled premium earnings declined due to the refunding and maturity of insured issues in prior periods. Refunding activity over the past several years has accelerated premium
earnings in prior periods and reduced the amount of scheduled premiums that would have been earned in the current period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL
INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE Net gains (losses) on financial instruments at fair value and foreign exchange primarily relate to net realized gains from the sales of securities as a result of favorable market conditions. In 2016,
the increase in these net realized gains was primarily due to generating liquidity for anticipated claim payments on certain Puerto Rico exposures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT
LOSSES RELATED TO OTHER-THAN-TEMPORARY IMPAIRMENTS Net investment losses related to OTTI for 2017, 2016 and 2015 were primarily related to impaired securities for which losses were recognized as the difference between a security&#146;s amortized
cost and fair value or recovery value. This OTTI resulted from liquidity concerns, recent credit rating downgrades and other adverse financial conditions of the issuers. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">LOSSES AND LOSS ADJUSTMENT EXPENSES National&#146;s insured portfolio management group within our U.S. public finance insurance segment is responsible for monitoring
our U.S. public finance insured obligations. The level and frequency of monitoring of any insured obligation depends on the type, size, rating and performance of the insured issue. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for a description of the Company&#146;s loss
reserving policy and additional information related to its loss reserves. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">38 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our U.S. public finance insurance losses and LAE expenses for the years
ended December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and LAE related to actual and expected
payments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">513</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Recoveries of actual and expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-100</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross losses incurred</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">514</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment expenses</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Losses and LAE
with respect to Puerto Rico exposures reflect the expected losses and LAE payments net of expected recoveries on such payments. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change not
meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2017, 2016 and 2015, losses and LAE primarily related to certain Puerto Rico exposures. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our U.S. public finance insurance loss and LAE reserves and recoverables as of December&nbsp;31, 2017 and 2016: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,&nbsp;2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on paid and unpaid
losses<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-100</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">531</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected recoveries on unpaid losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-10</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">512</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable&#151;ceded<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Other assets&#148; on our consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Puerto Rico exposures are reflected net of expected recoveries on such reserves. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Other liabilities&#148; on our consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insurance loss recoverable as of
December&nbsp;31, 2017 increased compared with December&nbsp;31, 2016 primarily as a result of expected recoveries related to claims paid on certain Puerto Rico exposures in 2017. Loss and LAE reserves as of December&nbsp;31, 2017 increased compared
with December&nbsp;31, 2016 primarily as a result of increases in expected payments net of expected recoveries on those payments related to certain Puerto Rico exposures. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in our U.S. public finance loss and LAE reserves are both reserves for insured obligations for estimated future claims payments, which includes insured credits
where a payment default has occurred and National has already paid a claim and insured credits where a payment default has not yet occurred. As of December&nbsp;31, 2017 and 2016, loss and LAE reserves were comprised of the following: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" ROWSPAN="3" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of Issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and LAE Reserve</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross of reinsurance:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues with defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">456</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,519</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues without defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">781</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,446</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross of reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">512</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,436</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,965</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">39 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">POLICY ACQUISITION COSTS AND OPERATING EXPENSES U.S. public finance insurance segment expenses for the years ended
December&nbsp;31, 2017, 2016 and 2015 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2017&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2016&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2015&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-25%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance operating expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross expenses represent total insurance expenses before the deferral of any policy acquisition costs. Gross expenses increased for 2017
compared with 2016 primarily due to severance related expenses associated with the headcount reduction. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs decreased for
2017 compared with 2016 and 2015 due to higher refunding activity in prior years. When an insured obligation refunds, we accelerate any remaining deferred acquisition costs associated with the policy covering the refunded insured obligation. We did
not defer a material amount of policy acquisition costs during 2017, 2016 or 2015. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INSURED PORTFOLIO EXPOSURE Financial guarantee insurance companies use a variety
of approaches to assess the underlying credit risk profile of their insured portfolios. National uses both an internally developed credit rating system as well as third-party rating sources in the analysis of credit quality measures of its insured
portfolio. In evaluating credit risk, we obtain, when available, the underlying rating(s) of the insured obligation before the benefit of its insurance policy from nationally recognized rating agencies, Moody&#146;s and S&amp;P. Other companies
within the financial guarantee industry may report credit quality information based upon internal ratings that would not be comparable to our presentation. We maintain internal ratings on our entire portfolio, and our ratings may be higher or lower
than the underlying ratings assigned by Moody&#146;s or S&amp;P. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the credit quality distribution of National&#146;s U.S. public
finance outstanding gross par insured as of December&nbsp;31, 2017 and 2016. CABs are reported at the par amount at the time of issuance of the insurance policy. All ratings are as of the period presented and represent S&amp;P underlying ratings,
where available. If transactions are not rated by S&amp;P, a Moody&#146;s equivalent rating is used. If transactions are not rated by either S&amp;P or Moody&#146;s, an internal equivalent rating is used. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom"><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,&nbsp;2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Rating</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>%</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>%</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">AAA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,271</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">AA</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28,354</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49,466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">A</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23,530</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34,544</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">BBB</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15,120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Below investment grade</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,903</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,070</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">71,928</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">110,367</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">40 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance Puerto Rico Exposures </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following is a summary of exposures within the insured portfolio of our U.S. public finance insurance segment related to Puerto Rico as of December&nbsp;31, 2017.
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross&nbsp;Par<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par<BR>Outstanding<BR>Plus&nbsp;CAB<BR>Accreted<BR>Interest</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Debt&nbsp;Service<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>National<BR>Internal<BR>Rating</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Electric Power Authority (PREPA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,637</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Commonwealth GO<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">647</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">663</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Public Buildings Authority
(PBA)<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">274</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Highway and Transportation Authority Transportation Revenue (PRHTA)<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">528</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">528</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">968</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Highway and Transportation Authority&#151;Subordinated Transportation Revenue (PRHTA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Sales Tax Financing Corporation
(COFINA)<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">684</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Highway and Transportation Authority Highway Revenue (PRHTA)<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">University of Puerto Rico System Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">d</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Inter American University of Puerto Rico Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">a3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,401</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,880</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">8,189<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes CABs
that reflect the gross par amount at the time of issuance of the insurance policy. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Additionally secured by the guarantee of the Commonwealth of Puerto Rico.
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;As a result of debt service payments made as of January&nbsp;1, 2018, National&#146;s total Puerto Rico debt service outstanding declined by
$70&nbsp;million. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On September&nbsp;20, 2017, Hurricane Maria made landfall in Puerto Rico as a Category 4 hurricane resulting in catastrophic damage to much of
the island&#146;s basic infrastructure, including its electrical transmission and distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September&nbsp;21, 2017, the President of the United States
approved a Major Disaster Declaration for Puerto Rico and FEMA made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Many residents of Puerto Rico continue to lack access to basic necessities such as clean
water, food and health care. The lack of passable roads and compromised infrastructure has complicated recovery efforts. Given the significant physical barriers to assistance, the Department of Defense took over much of the initial search, rescue
and restoration effort. The U.S. Army Corps of Engineers has taken the lead in the effort to rebuild the Island&#146;s infrastructure, in cooperation with FEMA and Puerto Rico. Damage estimates vary widely, but a preliminary report from Moody&#146;s
Analytics places the upper bound of the range at $95&nbsp;billion. This estimate includes lost economic activity and physical damage to infrastructure. Given the numerous estimates of physical damage and the extent of insurance coverage, uninsured
damages are not reasonably estimable at this time. On October&nbsp;12, 2017, the House of Representatives passed legislation providing $36.5&nbsp;billion in emergency disaster assistance for areas of the U.S. impacted by recent hurricanes and
wildfires including California, Texas, Louisiana, Florida, Puerto Rico and the U.S. Virgin Islands. This amount includes $4.9&nbsp;billion in community disaster loans which will be, in part, made available to Puerto Rico. Under the Stafford Act, the
legislation that directs federal emergency disaster response, that portion of the $4.9&nbsp;billion made available to Puerto Rico may be directed to activities that directly mitigate the impacts of the disaster. The measure was approved by the U.S.
Senate and has been signed by the President of the United States. As of February&nbsp;12, 2018, no monies have been advanced to Puerto Rico under this authorization. On February&nbsp;9, 2018, the U.S. Congress approved, and the President of the
United States signed into law, a new supplemental spending authorization totaling approximately $90.0&nbsp;billion to cover necessary expenses related to the consequences of Hurricanes Harvey, Irma and Maria and wildfires that occurred in 2017. Of
this amount, Puerto Rico expects to receive approximately $16.5&nbsp;billion in federal funds, including up to $4.8&nbsp;billion for healthcare, $10.0&nbsp;billion for housing and $2.0&nbsp;billion for improvements to the island&#146;s electrical
power systems. Refer to the following &#147;PREPA&#148; section below for further information about Hurricane Maria&#146;s impact to Puerto Rico. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">41 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;30, 2016, the Puerto Rico Oversight, Management and Economic Stability Act (&#147;PROMESA&#148;), was
signed into law by the President of the United States. PROMESA provides both for the creation of an independent oversight board (the &#147;Oversight Board&#148;) with powers relating to the development and implementation of a fiscal plan for Puerto
Rico as well as a court-supervised process that allows Puerto Rico to restructure its debt if voluntary agreements cannot be reached with creditors through a collective action process. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On March&nbsp;13, 2017, the Oversight Board approved the Governor&#146;s revised long-term fiscal plan, which decreased the 10 year cumulative cash flow by
$3.85&nbsp;billion from $11.6&nbsp;billion to $7.8&nbsp;billion <FONT STYLE="white-space:nowrap">(pre-Affordable</FONT> Care Act (&#147;ACA&#148;) funding and debt service). The certified plan identified fiscal cliffs from an absence of ACA, the
assumed loss of Act 154 excise taxes, and pension contributions under current law and both suggested similar solutions, including tax reform, improved tax compliance, centralized procurement, headcount reductions, and the extension of the Act 154
excise tax for a period of time. As part of Act <FONT STYLE="white-space:nowrap">3-2017</FONT> passed by the new administration, the Act 154 excise tax was extended until December&nbsp;31, 2027. Additionally, on April&nbsp;28, 2017, the Oversight
Board certified four instrumentality fiscal plans, including fiscal plans for PREPA and PRHTA, subject to certain requested amendments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;3, 2017, the
Oversight Board certified and filed a petition under Title III of PROMESA for Puerto Rico with the District Court of Puerto Rico thereby commencing a bankruptcy-like case for Puerto Rico. Following the filing of this petition by the Oversight Board,
National, together with Assured and Assured Guaranty Municipal Corp., filed an adversary complaint in the Title III case alleging that the Fiscal Plan and the Fiscal Plan Compliance Act, as discussed below, violate PROMESA and the U.S. Constitution.
Under a separate petition, the Oversight Board also commenced a Title III case for COFINA on May&nbsp;5, 2017. Subsequently, the Oversight Board also certified and filed voluntary petitions under Title III of PROMESA for several other
municipalities, including PRHTA and PREPA on May&nbsp;21, 2017 and July&nbsp;2, 2017, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to PROMESA, the Title III cases were filed in the U.S.
District Court for Puerto Rico, and the court has entered an order directing the cases to be jointly administered for procedural purposes. The Oversight Board and creditors met for the first time in court in May of 2017 in San Juan before the judge
presiding over the cases to begin addressing the nearly $70&nbsp;billion of debt amassed by Puerto Rico and its instrumentalities. Given the unprecedented legal disputes and the complexity of the issues expected, the judge has designated five
federal judges to act as mediators in all of the Title III cases and the University of Puerto Rico which, at this time, has indicated a desire to pursue a Title VI resolution. These judges will attempt to facilitate voluntary mediation discussions.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As a result of prior defaults, various stays and the Title III cases, National paid gross claims in the aggregate amount of $91&nbsp;million, $24&nbsp;million and
$173&nbsp;million against general obligation (&#147;GO&#148;) bonds, PBA bonds and PRHTA bonds, relating to debt service due on July&nbsp;1, 2017, January&nbsp;1, 2017 and July&nbsp;1, 2016, respectively. In addition, National paid claims in the
aggregate amount of $127&nbsp;million against PREPA bonds relating to debt service due on July&nbsp;1, 2017, following the expiration of the Restructuring Support Agreement (&#147;RSA&#148;), as further discussed below, on June&nbsp;29, 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In light of the impact of Hurricane Maria on Puerto Rico, and the resulting inevitable need for Puerto Rico and the Oversight Board to overhaul the Fiscal Plan, on
October&nbsp;6, 2017, National, Assured and Assured Guaranty Municipal Corp. filed a voluntary notice of dismissal, without prejudice, of their adversary complaint regarding the Fiscal Plan and Fiscal Plan Compliance Act. Also, on October&nbsp;13,
2017, National, together with the other plaintiffs in the filing, voluntarily dismissed without prejudice the adversary complaint filed on August&nbsp;7, 2017 which sought to compel PREPA to deposit revenues with the bond trustee as required by the
terms of the PREPA Trust Agreements, PROMESA and the U.S. Constitution. At its October&nbsp;31, 2017 meeting, the Oversight Board </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">sought from Puerto Rico and
certain of its instrumentalities covered under PROMESA, revised fiscal plans that account for the damage suffered from Hurricane Maria. Puerto Rico and PREPA submitted their updated fiscal plans to the Oversight Board on January&nbsp;24, 2018. The
University of Puerto Rico and PRHTA must submit their revised fiscal plans to the Oversight Board by March 9, 2018. The Oversight Board intends to certify or recommend additional changes to these revised fiscal plans during the first quarter of
2018. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">42 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;24, 2018, the Puerto Rico government submitted its draft fiscal plan to the Oversight Board, which
reflects the government&#146;s expected economic outlook of Puerto Rico over a five year period after integrating four additional key drivers in the projections: (i)&nbsp;the negative impact of Hurricane Maria, (ii)&nbsp;mitigating impact of
disaster relief assistance, (iii)&nbsp;changes to revenue and expense measures, and (iv)&nbsp;the impact of structural reforms. After these four additional key drivers are fully implemented, the draft fiscal plan shows Puerto Rico going from a
$3.7&nbsp;billion surplus to a $3.4&nbsp;billion deficit (before debt service) over the five year period. Following receipt of the government&#146;s draft fiscal plan, the Oversight Board determined that the proposed fiscal plan was noncompliant
with the requirements of PROMESA and, therefore, required certain revisions before certification by the Oversight Board. As a result, the government submitted a revised fiscal plan for Puerto Rico on February&nbsp;12, 2018 to incorporate the
Oversight Board&#146;s comments and the incremental disaster relief funding provided by recent legislation approved by U.S. Congress on February&nbsp;9, 2018. Notwithstanding the revisions, the draft fiscal plan remains subject to further adjustment
following additional input and review by the Oversight Board. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>COFINA </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
October of 2016, a group of GO bondholders, which had previously initiated litigation against Puerto Rico in July of 2016, moved to amend its complaint to add a challenge to Puerto Rico&#146;s putative diversion of funds to the Puerto Rico Sales Tax
Financing Corporation (&#147;COFINA&#148;). The plaintiff group contends that the funds being used to pay bonds issued by COFINA constitute &#147;available resources&#148; within the meaning of article VI, section 8 of the Puerto Rico Constitution,
and therefore must be devoted to payment of principal and interest on Puerto Rico&#146;s public debt before they may be used for other purposes. By failing to redirect such funds to pay GO bondholders, the plaintiff group claims that Puerto Rico is
improperly diverting funds to COFINA bondholders. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>I. Bank of New York Mellon Interpleader Action </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Following alleged events of default, certain creditors, the Puerto Rico Fiscal Agency and Financial Advisory Authority (&#147;AAFAF&#148;), and the Oversight Board
provided COFINA&#146;s Trustee, Bank of New York, with conflicting instructions regarding the application of funds held by the trustee. In addition, certain creditors have sued Bank of New York, for alleged breach of fiduciary duties in connection
with the application of funds held by the trustee upon an event of default. As a result, Bank of New York filed an interpleader motion with the court overseeing COFINA&#146;s Title III case, seeking relief from any potential liability brought by
creditors and direction from the court as to control and application of approximately $1.1&nbsp;billion of funds held by the trustee as of February&nbsp;1, 2018. National has intervened in this matter. Given the complexity of the issues, on
May&nbsp;30, 2017, the judge granted Bank of New York&#146;s interpleader request upon ordering a freeze on disbursements to all bondholders and temporarily setting aside the funds until the dispute can be resolved between the parties. On
November&nbsp;6, 2017, National, along with Ambac Assurance Corporation, filed a joint motion for summary judgment asserting, among other things, that (i)&nbsp;events of default have occurred under the COFINA Resolution requiring payment to senior
bondholders before any distribution to subordinate bondholders, and (ii)&nbsp;the COFINA bonds have been accelerated. All summary judgment motions are fully briefed and pending. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>II. Commonwealth-COFINA Dispute </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On August&nbsp;10, 2017, the judge entered a
stipulated order establishing procedures to govern resolution of certain disputes between Puerto Rico and COFINA (the &#147;Commonwealth-COFINA Dispute&#148;). In recognition of the fact that the Oversight Board acts for both Puerto Rico and COFINA,
the Court appointed the official Unsecured Creditors Committee to serve as Puerto Rico&#146;s representative to litigate and/or settle the Commonwealth-COFINA Dispute on behalf of Puerto Rico (the &#147;Commonwealth Agent&#148;) and Bettina&nbsp;M.
Whyte of Bettina Whyte Consultants, LLC, to serve as the COFINA representative to litigate and/or settle the Commonwealth-COFINA Dispute on behalf of COFINA (the &#147;COFINA Agent&#148;). The Commonwealth Agent filed an adversary complaint on
September&nbsp;8, 2017. On September&nbsp;15, 2017, the COFINA Agent filed an Answer to the Complaint and asserted eight counterclaims for declaratory judgment regarding the enforceability of the COFINA structure. On October&nbsp;25, 2017, the
Commonwealth Agent filed an amended complaint that contained minor revisions to the factual allegations concerning the directors of COFINA, permitted use of bond proceeds, and the enactment of the sales and use tax. On October&nbsp;30, 2017, the
COFINA Agent filed its amended answer and counterclaims. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">43 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the stipulated order, National was permitted to intervene in this adversary proceeding. Accordingly, on
November&nbsp;6, 2017, National filed a notice of intervention, an answer to the Commonwealth Agent&#146;s amended complaint, and counterclaims. In its counterclaims, National asserted four causes of action seeking, <I>inter alia</I>, declarations
that the COFINA enabling statutes are constitutional, the sales and use tax revenues were validly transferred to COFINA, and the Commonwealth&#146;s appropriation of the sales and use tax revenues violates the takings and contracts clauses of the
U.S. and Puerto Rico constitutions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On November&nbsp;13, 2017, the Oversight Board filed a motion to confirm the scope of the COFINA and Commonwealth Agents&#146;
authority and to determine whether certain claims exceeded the scope of the Commonwealth-COFINA Dispute. The Court also received additional filings relating to the scope of the agents&#146; authority in connection with the Commonwealth-COFINA
Dispute. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On December&nbsp;21, 2017, the Court issued an order limiting the scope of the Commonwealth-COFINA Dispute to whether the sales taxes pledged for
repayment of the COFINA bonds are the property of the Commonwealth or COFINA and dismissed without prejudice any claims the Court determined to exceed that scope. On January&nbsp;13, 2018, the Court granted the Commonwealth Agent leave to file a
second amended complaint <FONT STYLE="white-space:nowrap">re-pleading</FONT> two causes of action that previously had been dismissed as exceeding the scope of the Commonwealth-COFINA Dispute and seeking declarations that the COFINA enabling statutes
violate the debt limit, debt priority, and balanced budget clauses of the Puerto Rico Constitution. The COFINA Agent and permitted intervenors, including </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National,
filed answers to the second amended complaint in January of 2018. Discovery is ongoing. Motions for summary judgment were due in February of 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently,
National has exposure to senior-lien COFINA debt of over $1.1&nbsp;billion, including CAB accreted interest. As legal opinions from Puerto Rico justice secretaries and bond counsel have confirmed, National believes that the legal structure of COFINA
is sound and that COFINA bondholders are the owners of the COFINA funds and maintain a valid statutory lien on the sales tax revenue stream backing the bonds. Notwithstanding the foregoing, until all legal challenges are resolved, there can be no
assurance that the COFINA structure will be upheld and the sales tax revenue lien will be recognized. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>PREPA </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s largest exposure to Puerto Rico, by gross par outstanding, is to PREPA. On December&nbsp;23, 2015, National, Assured Guaranty, and the ad hoc group of
bondholders (representing approximately $3.0&nbsp;billion, or 37.0% of the power revenue bonds, (collectively the &#147;Supporting Creditors&#148;)) entered into an RSA with the support of almost 70% of $8.4&nbsp;billion of outstanding PREPA bonds,
including approximately $1.2&nbsp;billion of PREPA bonds insured by National. The RSA was supplemented and extended several times during subsequent periods and the Supporting Creditors made three separate bond purchases to assist with PREPA&#146;s
liquidity. National bought and currently owns $139&nbsp;million of PREPA bonds. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;27, 2017, the newly created AAFAF announced that it would lead
future negotiations on behalf of PREPA (and all Puerto Rico entities). On April&nbsp;5, 2017, the Governor, AAFAF and PREPA announced their collective intention to enter into a modified RSA with the Supporting Creditors, subject to final
documentation, which was completed in April of 2017; this revised RSA was effective until June&nbsp;29, 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The revised RSA and related PREPA fiscal plan were
submitted to the Oversight Board and the Oversight Board certified the Fiscal Plan on April&nbsp;28, 2017. Notwithstanding certification of the Fiscal Plan, the Oversight Board rejected the RSA on June&nbsp;28, 2017. The RSA was then terminated by
PREPA and PREPA requested certification of a Title&nbsp;III case. The Oversight Board commenced a Title III case for PREPA on July&nbsp;2, 2017. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">44 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">PREPA sustained heavy damage to its infrastructure from the two September 2017 hurricanes and in particular from
Hurricane Maria. Its generating assets, located along the coast sustained only minor damage but damage to the transmission and distribution infrastructure was extensive. Power is still out across portions of the island, particularly in the rural
inland areas. Lack of power has a <FONT STYLE="white-space:nowrap">knock-on</FONT> effect of disabling telecommunication and water systems as well. Restoration efforts are being coordinated by the U.S. Army Corps of Engineers under contract with
FEMA; monies from FEMA are expected to finance the reconstruction effort. In December of 2017 and continuing into January of 2018, mainland electric crews have arrived in force with equipment and supplies to continue the restoration effort. As of
February&nbsp;5, 2018, PREPA is reporting approximately 72% of its customers have had power restored. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The PREPA revised Fiscal Plan released January&nbsp;24, 2018
calls for a wholesale transformation of PREPA to at least a partially privatized entity. Specifics regarding implementation and the impact on creditors were not detailed or readily apparent in the Plan. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>PRHTA </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;21, 2017, upon the expiration of the PROMESA stay, the
Oversight Board commenced a Title III case for PRHTA. On June&nbsp;3, 2017, National, together with Assured and Assured Guaranty Municipal Corp., filed an adversary proceeding in the PRHTA&#146;s Title III case. The complaint seeks to enforce the
special revenue protections of the Bankruptcy Code which are incorporated into PROMESA. These provisions ensure, among other things, that (i)&nbsp;current tax and toll revenues remain subject to liens and (ii)&nbsp;the automatic stay resulting from
a filing of a Title III petition does not stay or limit application of these pledged special revenues to the repayment of PRHTA debt. Motions to dismiss were filed on June&nbsp;28, 2017, and oral arguments were heard on November&nbsp;21, 2017. The
court took the matter under advisement, but ordered a supplemental briefing, which was submitted on November&nbsp;28, 2017. On January&nbsp;30, 2018, the judge granted the motions to dismiss the monolines&#146; PRHTA-related adversary proceeding. On
February 9, 2018, National, together with Assured, Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company filed their notice of appeal of the motions to dismiss to the United States Court of Appeals for the First Circuit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Additionally, on June&nbsp;20, 2017, AAFAF informed Bank of New York, as fiscal agent for the PRHTA bonds, that due to the Title III case, the funds in the debt service
reserve account in AAFAF&#146;s view were not property of the bondholders and that Bank of New York should not disburse these funds to bondholders on July&nbsp;1, 2017. The parties agreed that such funds would be held by the Bank of New York and
disbursement of such funds would be addressed in the pending adversary proceeding. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Other than Inter American University of Puerto Rico Inc., S&amp;P, Fitch Ratings and/or Moody&#146;s have downgraded the ratings of all Puerto Rico issuers to below
investment grade with a negative outlook due to narrowing liquidity, sluggish economic growth and persistent structural deficits. Additionally, subsequent to the declaration of a state of emergency and suspension of debt service payments by the then
Governor of Puerto Rico, S&amp;P revised its rating for Puerto Rico, its GO, PREPA and PRHTA&#146;s subordinated transportation revenue bonds, series 1998, state infrastructure bank, to &#147;D&#148; (default). On June&nbsp;6, 2017, S&amp;P further
downgraded COFINA from &#147;CC&#148; to &#147;D&#148; based on court motions that directed the trustee to withhold scheduled monthly payments until property interest disputes have been resolved. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">45 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables presents our scheduled gross debt service due on our Puerto Rico insured exposures as of
December&nbsp;31, 2017, for each of the subsequent five years ending December&nbsp;31 and thereafter: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="63%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2018</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2019</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2020</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2021</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2022</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Thereafter</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Electric Power Authority (PREPA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,637</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Commonwealth GO</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">223</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">276</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">850</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Public Buildings Authority (PBA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">274</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Puerto Rico Highway and Transportation Authority Transportation Revenue (PRHTA)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">829</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">968</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Puerto Rico Highway and Transportation Authority&#151;Subordinated Transportation Revenue (PRHTA)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico Sales Tax Financing Corporation (COFINA)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Puerto Rico Highway and Transportation Authority Highway Revenue (PRHTA)</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">University of Puerto Rico System Revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Inter American University of Puerto Rico Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">285</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">408</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">401</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">287</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">215</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,593</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">46 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our
corporate segment consists of general corporate activities, including providing support services to MBIA Inc.&#146;s subsidiaries as well as asset and capital management. Support services are provided by our service company, MBIA Services, and
include, among others, management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">fee-for-service</FONT></FONT> basis. Capital
management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, GFL and MBIA Investment Management Corp (&#147;IMC&#148;). MBIA Inc. issued debt to finance the operations of the MBIA group. GFL raised funds
through the issuance of medium-term notes (&#147;MTNs&#148;) with varying maturities, which were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. IMC, along with MBIA Inc., provided customized investment
agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, loan origination, escrow and debt service or other reserve fund requirements. The Company has ceased issuing new MTNs and investment
agreements and the outstanding liability balances and corresponding asset balances have declined over time as liabilities matured, terminated or were called or repurchased. All of the debt within the corporate segment is managed collectively and is
serviced by available liquidity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the consolidated results of our corporate segment for the years ended December&nbsp;31, 2017, 2016
and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-122%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-67%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-124%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-60%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-25%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-36%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">556</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(625)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE The unfavorable change in net gains (losses) on financial
instruments at fair value and foreign exchange for 2017 compared with 2016 was primarily due to foreign exchange losses on Euro denominated liabilities from the weakening of the U.S. dollar, partially offset by favorable changes in the fair value of
the outstanding warrants issued on MBIA Inc. common stock, a decrease in net losses on the sales of investments and an increase in gains from our interest rate swaps. The changes in the fair value of outstanding warrants were primarily attributable
to a decrease in the price of MBIA Inc.&#146;s common stock and changes in volatility, which are used in the valuation of the warrants. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The unfavorable change in
net gains (losses) on financial instruments at fair value and foreign exchange for 2016 compared with 2015 was primarily due to a decrease in foreign exchange gains on Euro denominated liabilities from a decline in the strengthening of the U.S.
dollar and unfavorable changes in the fair value of the outstanding warrants issued on MBIA Inc. common stock. The changes in the fair value of outstanding warrants were primarily attributable to an increase in the price of MBIA Inc. common stock,
partially offset by changes in volatility. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">47 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON EXTINGUISHMENT OF DEBT The increase in net gains (losses) on extinguishment of debt for 2017
compared with 2016 was primarily due to an increase in gains from purchases, at discounts, of MTNs issued by the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OTHER NET REALIZED GAINS (LOSSES) The
decrease in other net realized gains (losses) for 2016 compared with 2015 was primarily due to the results from the sale of Cutwater in 2015. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OPERATING EXPENSES
Operating expenses decreased for 2017 compared with 2016 primarily due to decreases in compensation expense, primarily as a result of lower headcount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INTEREST
EXPENSE Interest expense decreased for 2017 compared with 2016 and 2015 due to the continued maturities and repurchases of debt obligations issued by the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">PROVISION (BENEFIT) FOR INCOME TAXES The provision for income taxes for 2017 was driven by the establishment of a full valuation allowance against the Company&#146;s
net deferred tax asset. Refer to the following &#147;Taxes&#148; section and &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for further information about this valuation allowance on our net deferred tax asset.
The 2016 benefit for income taxes was impacted by foreign tax credit adjustments, the fluctuation of the value of nontaxable warrants issued by the Company and nondeductible equity-based compensation expense. The 2015 provision for income taxes was
impacted by nondeductible equity-based compensation expense. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our international and structured finance insurance portfolios are managed through MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide
unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, <FONT STYLE="white-space:nowrap">non-U.S.</FONT> public finance and global structured finance insured obligations when due or, in
the event MBIA Corp. has the right, at its discretion, to accelerate insured obligations upon default or otherwise. Effective on January&nbsp;10, 2017, MBIA Corp.&#146;s wholly-owned subsidiary, MBIA UK Holdings, sold MBIA UK to Assured. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has insured sovereign-related and <FONT STYLE="white-space:nowrap">sub-sovereign</FONT> bonds, privately issued bonds used for the financing of utilities,
toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects serving a substantial public purpose. Global structured finance and asset-backed obligations typically are securities repayable from cash
flows generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft and real estate property. We
no longer insure new credit derivative contracts except for transactions related to the restructuring or reduction of existing derivative exposure. MBIA Insurance Corporation insures the investment contracts written by MBIA Inc., and if MBIA Inc. or
such subsidiaries were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Insurance Corporation would be required to make such payments under its insurance policies. MBIA Insurance Corporation also insured debt
obligations of other affiliates, including GFL and IMC. MBIA Corp. has also written insurance policies guaranteeing the obligations under credit default swap (&#147;CDS&#148;) contracts of an affiliate, LaCrosse Financial Products, LLC and certain
other derivative contracts. Certain policies cover payments potentially due under CDS, including termination payments that may become due in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS or
derivative contracts by the insured counterparty or by the&nbsp;guarantor. MBIA Insurance Corporation provides reinsurance to MBIA Mexico. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. has
contributed to the Company&#146;s net operating loss (&#147;NOL&#148;) carryforward, which is used in the calculation of our consolidated income taxes. If MBIA Corp. becomes profitable, it is not expected to make any tax payments under our tax
sharing agreement. Based on MBIA Corp.&#146;s current projected earnings and our expectation that it will not write new business, we believe it is unlikely that MBIA Corp. will generate significant income in the near future. As a result, we believe
MBIA Corp. does not provide significant economic value to MBIA Inc. and its shareholders. Refer to &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial Statements for further information about taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">48 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents our international and structured finance insurance segment results for the years ended
December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2017&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2016&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2015&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-48%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in fair value of insured derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-87%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-115%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(279)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-114%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-13%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-64%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">425</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-116%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-23%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expenses of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-36%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(188)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(469)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-60%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,331)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(417)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, MBIA Corp.&#146;s total insured gross par outstanding was $15.1&nbsp;billion. Since December&nbsp;31, 2007, MBIA
Corp.&#146;s total insured gross par outstanding has decreased approximately 95% from $331.2&nbsp;billion. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">49 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;20, 2017, MBIA Corp. was presented with and fully satisfied a claim of $770&nbsp;million (the
&#147;Zohar II Claim&#148;) on an insurance policy it had written insuring certain notes issued by Zohar II. In order to satisfy the claim, MBIA Corp. used approximately $60&nbsp;million from its own resources and executed the following two related
transactions: 1) MBIA UK Holdings sold its operating subsidiary, MBIA UK, and made a cash payment of $23&nbsp;million, to Assured, in exchange for the receipt by MBIA UK Holdings of certain Zohar II notes owned by Assured, which had an aggregate
outstanding principal amount of $347&nbsp;million as of January&nbsp;10, 2017, which notes were distributed as a dividend to MBIA Corp. upon completion of the sale of MBIA UK; and 2) MBIA Corp. executed a financing facility (the
&#147;Facility&#148;) with affiliates of certain holders of 14% <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Surplus Notes of MBIA Corp. (collectively, the &#147;Senior Lenders&#148;), and
with MBIA Inc., pursuant to which the Senior Lenders provided $325&nbsp;million of senior financing and MBIA Inc. provided $38&nbsp;million of subordinated financing to MZ Funding LLC (&#147;MZ Funding&#148;), a newly formed wholly-owned subsidiary
of the Company, which in turn lent the proceeds of such financing to MBIA Corp. Refer to &#147;Liquidity&#148; for additional information on the Facility. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET
PREMIUMS EARNED Our international and structured finance insurance segment generates net premiums from insurance policies accounted for as financial guarantee contracts. Certain premiums are eliminated in our consolidated financial statements as a
result of the Company consolidating VIEs. In addition, we generate net premiums from insured credit derivatives that are included in &#147;Realized gains (losses) and other settlements on insured derivatives&#148; on our consolidated statements of
operations. The following table provides net premiums earned from our financial guarantee contracts for the years ended December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2017&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2016&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2015&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-U.S.</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-51%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-42%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total net premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-48%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-15%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">VIEs (eliminated in consolidation)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-88%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net premiums earned represent gross premiums earned net of premiums ceded to reinsurers, and include scheduled premium earnings and
premium earnings from refunded issues. Net premiums earned decreased for 2017 compared with 2016 primarily due to decreases in scheduled premiums as a result of the sale of MBIA UK on January&nbsp;10, 2017 and from the maturity and early settlements
of insured transactions with no writings of new insurance policies. Net premiums earned decreased for 2016 compared with 2015 primarily due to decreases in scheduled premiums earned from the maturity and early settlements of insured transactions
with no writings of new insurance policies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET INVESTMENT INCOME The increase in net investment income for 2017 compared with 2016 was primarily related to the
accretion on certain Zohar II notes received in exchange for the sale of MBIA UK to Assured on January&nbsp;10, 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">FEES AND REIMBURSEMENTS The decrease in fees
and reimbursements for 2017 compared with 2016 was primarily due to decreases in termination and waiver and consent fees related to the ongoing management of our international and structured finance insurance business and ceding commission income as
a result of lower refunding activity. The increase in fees and reimbursements for 2016 compared with 2015 was primarily due to an increase in termination and waiver and consent fees related to the ongoing management of our international and
structured finance insurance business, partially offset by a decrease in ceding commission income as a result of lower refunding activity. Due to the transaction-specific nature inherent in fees and reimbursements, these revenues can vary
significantly from period to period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET CHANGE IN FAIR VALUE OF INSURED DERIVATIVES Realized losses on insured derivatives include payments made net of premiums
and fees earned and salvage received. Premiums earned related to insured credit derivatives will decrease over time as a result of settlements prior to maturity and scheduled amortizations. For 2017, 2016 and 2015, realized losses on insured
derivatives primarily resulted from claim payments on CMBS exposure. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">50 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2016, unrealized gains on insured derivatives were principally the result of a decline in the weighted average life
on transactions, favorable changes in spreads/prices on the underlying collateral and a reversal of unrealized losses due to commutations partially offset by the effects of MBIA&#146;s nonperformance risk on its derivative liabilities. For 2015,
unrealized gains on insured derivatives were principally the result of refining the credit rating of underlying collateral. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016,
the fair value of MBIA Corp.&#146;s insured CDS liability was $63&nbsp;million and $64&nbsp;million, respectively. As of December&nbsp;31, 2017, MBIA Corp. had $127&nbsp;million of gross par outstanding on insured credit derivatives compared with
$588&nbsp;million as of December&nbsp;31, 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NET GAINS (LOSSES) ON FINANCIAL INSTRUMENTS AT FAIR VALUE AND FOREIGN EXCHANGE The net losses on financial
instruments and foreign exchange for 2017 were primarily related to unfavorable <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> fluctuations on derivatives. The net gains on financial instruments at
fair value and foreign exchange for 2016 were primarily related to gains from foreign currency revaluation of Chilean Unidad de Fomento and Euro denominated premium receivables and realized foreign exchange gains from the liquidation of an
investment portfolio in the United Kingdom. The net losses on financial instruments at fair value and foreign exchange for 2015 were primarily due to losses from foreign currency revaluation of Chilean Unidad de Fomento denominated premium
receivables and foreign exchange currency losses on the sale of Euro denominated investments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">OTHER NET REALIZED GAINS (LOSSES) Other net realized gains (losses)
for 2017 were primarily related to the settlement of litigation. Other net realized losses for 2016 related to the loss recorded to adjust the carrying value of MBIA UK to its fair value less costs to sell prior to the sale. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">REVENUES OF CONSOLIDATED VIEs For 2017, total revenues of consolidated VIEs were $185&nbsp;million compared with $31&nbsp;million for 2016 and $128&nbsp;million for
2015. The increase in revenues of consolidated VIEs for 2017 compared with 2016 was primarily the result of gains related to changes in the fair value of assets within certain VIEs. Fair value gains related to assets were mostly driven by higher
collateral values resulting from changes in estimated cash flows. The decrease in revenues of consolidated VIEs for 2016 compared with 2015 was primarily due to a decrease in net investment income due to the deconsolidation of VIEs and lower <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">mark-to-market</FONT></FONT> gains on assets of consolidated VIEs. We elected to record at fair value certain instruments that are consolidated under accounting guidance for consolidation
of VIEs, and as such, changes in fair value are reflected in earnings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">LOSSES AND LOSS ADJUSTMENT EXPENSES MBIA Corp.&#146;s insured portfolio management group
within our international and structured finance insurance business is responsible for monitoring international and structured finance insured obligations. The level and frequency of monitoring of any insured obligation depends on the type, size,
rating and our assessed performance of the insured issue. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated
Financial Statements for a description of the Company&#146;s loss reserving policy and additional information related to its loss reserves. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">51 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Summary of Financial Guarantee Insurance Losses and LAE </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents information about our financial guarantee insurance losses and LAE recorded in accordance with GAAP for the years ended December&nbsp;31,
2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="63%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended</B><br><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and LAE related to actual and expected
payments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">196</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-44%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Recoveries of actual and expected payments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-145%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross losses incurred</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">191</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and loss adjustment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Losses and LAE
with respect to Zohar II exposure reflect the expected losses and LAE payments net of expected recoveries on such payments. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;As a result of consolidation of
VIEs, these amounts include the elimination of losses and LAE of $29&nbsp;million, $29&nbsp;million and $3&nbsp;million for 2017, 2016 and 2015, respectively. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change not meaningful </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2017, losses and LAE primarily related to
increases in expected payments on insured first and second-lien RMBS transactions and decreases in projected recoveries primarily related to the mortgage insurance settlement with Old Republic Insurance Corporation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2016, losses and LAE primarily related to increases in expected payments on insured first and second-lien RMBS transactions and decreases in projected collections
from excess spread within insured second-lien RMBS securitizations, partially offset by decreases in expected payments related to CDOs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2015, losses and LAE
primarily related to increases in expected payments on CDOs and insured first-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS securitizations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for further information about our insurance
loss recoverable and loss and LAE reserves. The following table presents information about our insurance loss recoverable and reserves as of December&nbsp;31, 2017 and 2016. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Percent</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance loss recoverable<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">330</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-46%<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reinsurance recoverable on paid and unpaid
losses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">482</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">503</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expected recoveries on unpaid losses<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-73%<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">444</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;The change was
primarily due to the collection of a mortgage insurance settlement with Old Republic Insurance Corporation and ongoing excess spread collections. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported
within &#147;Other assets&#148; on our consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;As of December&nbsp;31, 2016, Zohar II is reflected net of expected recoveries on such
reserves. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;The decrease was primarily related to first-lien and second-lien RMBS transactions. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change not meaningful </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">52 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Payment of a claim in November of 2015 on MBIA Corp.&#146;s policy insuring the class
<FONT STYLE="white-space:nowrap">A-1</FONT> and <FONT STYLE="white-space:nowrap">A-2</FONT> notes issued by Zohar CDO <FONT STYLE="white-space:nowrap">2003-1,</FONT> Limited (&#147;Zohar I&#148;) and satisfying the Zohar II Claim entitles MBIA Corp.
to reimbursement of such amounts plus interest and expenses and/or to exercise certain rights and remedies to seek recovery of such amounts. In connection with the exercise of its rights and remedies, MBIA Corp. directed the trustee for Zohar I to
commence an auction (the &#147;Auction&#148;) of all of the assets of Zohar I, which occurred on December&nbsp;21, 2016. MBIA Corp. was the winning bidder in the Auction, and in connection therewith, acquired the beneficial ownership of the Zohar I
assets, which include loans made to, and equity interests in, companies purportedly controlled by the sponsor and former collateral manager of Zohar I and Zohar II. As of December&nbsp;31, 2017, the recoveries of Zohar I and Zohar II are included in
&#147;Loans receivable at fair value&#148; which are presented in &#147;Assets of consolidated variable interest entities&#148; on our consolidated balance sheets. Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes
to Consolidated Financial Statements for a further discussion on the Zohar I and Zohar II recoveries. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in MBIA Corp.&#146;s loss and LAE reserves are
estimated future claims payments for insured obligations for which a payment default has occurred and MBIA Corp. has already paid a claim and for insured obligations where a payment default has not yet occurred. As of December&nbsp;31, 2017 and
2016, loss and LAE reserves comprised the following: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of Issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and LAE Reserve</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Par Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross of reinsurance:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues with defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">370</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,635</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,239</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Issues without defaults</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">827</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross of reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">444</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,646</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,066</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">POLICY ACQUISITION COSTS AND OPERATING EXPENSES International and structured finance insurance segment expenses for the years ended December&nbsp;31, 2017, 2016 and 2015
are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended</B><br><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-31%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-23%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-28%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-12%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance operating expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-27%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross expenses represent total insurance expenses before the deferral of any policy acquisition costs. Gross expenses decreased for 2017
compared with 2016 primarily due to decreases in compensation expense. Gross expenses decreased for 2016 compared with 2015 primarily due to decreases in premium taxes and assessments, compensation expense and building related expenses. Operating
expenses decreased for 2017 compared with 2016 and 2015 due to decreases in gross expenses. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decreases in the amortization of deferred acquisition costs for
2017 compared with 2016 and 2015 were due to higher refunding activity in prior years. We did not defer a material amount of policy acquisition costs during 2017, 2016 or 2015. Policy acquisition costs in these periods were primarily related to
ceding commissions and premium taxes on installment policies written in prior periods. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">INTEREST EXPENSE OF CONSOLIDATED VIEs For 2017, total interest expense of
consolidated VIEs increased compared with 2016 primarily due to interest expense from the Facility. Refer to &#147;Liquidity&#148; for additional information on the Facility. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">53 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">PROVISION (BENEFIT) FOR INCOME TAXES The provision for income taxes for 2017 was lower than the statutory rate of 35%
primarily due to the establishment of a full valuation allowance against the Company&#146;s net deferred tax asset. Refer to the following &#147;Taxes&#148; section and &#147;Note 11: Income Taxes&#148; in the Notes to Consolidated Financial
Statements for further information about this valuation allowance on our net deferred tax asset. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance Portfolio
Exposures </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Quality </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The credit quality of our international
and structured finance insured portfolio is assessed in the same manner as our U.S. public finance insured portfolio. As of December&nbsp;31, 2017 and 2016, 33% and 25%, respectively, of our international and structured finance insured portfolio,
was rated below investment grade, before giving effect to MBIA&#146;s guarantees, based on MBIA&#146;s internal ratings, which are generally more current than the underlying ratings provided by S&amp;P and Moody&#146;s for this subset of our insured
portfolio. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Selected Portfolio Exposures </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following is a summary of
selected significant exposures within the insured portfolio of our international and structured finance insurance segment. Many of these sectors are and have been considered volatile over the past several years. We may experience considerable
incurred losses and future expected payments in certain of these sectors. There can be no assurance that the loss reserves described below will be sufficient or that we will not experience losses on transactions on which we currently have no loss
reserves, in particular if the economy deteriorates. We may seek to purchase, directly or indirectly, obligations guaranteed by MBIA Corp. or seek to commute policies. The amount of insurance exposure reduced, if any, and the nature of any such
actions will depend on market conditions, pricing levels from time to time, and other considerations. In some cases, these activities may result in a reduction of loss reserves, but in all cases they are intended to limit our ultimate losses and
reduce the future volatility in loss development on the related policies. Our determination to purchase guaranteed obligations and/or to commute policies will depend in part on management&#146;s assessment of available liquidity. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Residential Mortgage Exposure </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures mortgage-backed securities
(&#147;MBS&#148;) backed by residential mortgage loans, including second-lien RMBS transactions (revolving home equity lines of credit (&#147;HELOC&#148;) loans and <FONT STYLE="white-space:nowrap">closed-end</FONT> second (&#147;CES&#148;)
mortgages). MBIA Corp. also insures MBS backed by first-lien alternative <FONT STYLE="white-space:nowrap">A-paper</FONT> <FONT STYLE="white-space:nowrap">(&#147;Alt-A&#148;)</FONT> and subprime mortgage loans directly through RMBS securitizations.
There was considerable stress and deterioration in the mortgage market since 2008 reflected by heightened delinquencies and losses, particularly related to mortgage loans originated during 2005, 2006 and 2007. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the gross par outstanding of MBIA Corp.&#146;s total direct RMBS insured exposure as of December&nbsp;31, 2017 and 2016. Amounts include
the gross par outstanding related to transactions that the Company consolidates under accounting guidance for VIEs. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding as of</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Percent</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Collateral Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">HELOC Second-lien</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">975</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,368</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CES Second-lien</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,037</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,373</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-24%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Alt-A</FONT>
First-lien<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,078</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,318</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-18%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Subprime First-lien</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">512</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">606</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Prime First-lien</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-66%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,621</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,721</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-23%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:7%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes international exposure of $245&nbsp;million and $349&nbsp;million as of December&nbsp;31, 2017 and 2016, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">54 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Collateralized Debt Obligations and Related Instruments </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As part of our international and structured finance insurance activities, MBIA Corp. typically provided guarantees on senior and, in a limited number of cases, mezzanine
tranches of CDOs, as well as protection on structured CMBS pools and corporate securities, and CDS referencing such securities. The following discussion, including reported amounts and percentages, includes insured CDO transactions consolidated by
the Company as VIEs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the below table, MBIA Corp. insures approximately $317&nbsp;million in commercial real estate (&#147;CRE&#148;) loan pools,
comprising both European and domestic assets. The distribution of our insured CDO and related instruments portfolio by collateral type is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP><B>In millions</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Par Outstanding as of</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Percent</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Collateral Type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multi-sector CDOs<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">319</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">401</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-20%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">High yield corporate CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,635</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Structured CMBS pools</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">188</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-32%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CRE CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">326</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">446</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,550</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-83%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:7%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(1)&#151;Excludes $40&nbsp;million and $44&nbsp;million as of December&nbsp;31, 2017 and 2016, respectively, of gross par outstanding where MBIA&#146;s
insured exposure has been fully offset by way of loss remediation transactions. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance and International and Structured Finance Reinsurance
</I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Reinsurance enables the Company to cede exposure for purposes of syndicating risk. The Company generally retains the right to reassume the business ceded to
reinsurers under certain circumstances, including a reinsurer&#146;s rating downgrade below specified thresholds. Currently, we do not intend to use reinsurance to decrease the insured exposure in our portfolio. Refer to &#147;Note 13: Insurance in
Force&#148; in the Notes to Consolidated Financial Statements for a further discussion about our reinsurance agreements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Taxes </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Provision for Income Taxes </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s income taxes and the related
effective tax rates for the years ended December&nbsp;31, 2017, 2016 and 2015 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="71%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effective tax rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-142.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2017, our effective tax rate applied to our income (loss) before income taxes was lower than the U.S. statutory tax rate of 35%
primarily due to the establishment of a full valuation allowance against our net deferred tax asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In June of 2017, S&amp;P downgraded the financial strength
rating of National, which led the Company to cease its efforts to actively pursue writing new financial guarantee business. In addition to National&#146;s cessation of new business activity, there was an increase in loss and LAE due to changes in
assumptions on certain Puerto Rico credits. As a result of the increase in loss and LAE, the Company has a three-year cumulative loss, which is considered significant negative evidence in the assessment of its ability to use its net deferred tax
asset. In addition, the Company considered all available positive and negative evidence as required by GAAP, to estimate if sufficient taxable income will be generated to use its net deferred tax asset. After considering all positive and negative
evidence, including the Company&#146;s inability to objectively identify and forecast future sources of taxable income, the Company concluded that it does not have sufficient positive evidence to support its ability to use its net deferred tax asset
before it expires. Accordingly, the Company had a full valuation allowance against its net deferred tax asset of $770&nbsp;million as of December&nbsp;31, 2017. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">55 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>RESULTS OF OPERATIONS (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Notwithstanding the establishment of the valuation allowance on its net deferred tax asset, the Company believes that
it may be able to use some of its net deferred tax asset before the expirations associated with that asset based upon expected earnings at National and potential future sources of taxable income to be identified by the Company. Accordingly, the
Company will continue to <FONT STYLE="white-space:nowrap">re-evaluate</FONT> its net deferred tax asset on a quarterly basis. There is no assurance that the Company will reverse any of its valuation allowance on its net deferred tax asset in the
future. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2016, our effective tax rate applied to our income (loss) before income taxes was lower than the U.S. statutory rate of 35% primarily due to the
provision for deferred taxes on the basis differences of our foreign subsidiary, MBIA UK, which resulted from the change in assertion of MBIA UK paying future dividends over time to calculating deferred taxes on the basis of the sale of MBIA UK and
a valuation allowance against certain foreign tax credits. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2015, our effective tax rate applied to our income (loss) before income taxes was higher than the
U.S. statutory rate of 35% primarily due to nondeductible equity-based compensation expense. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 11: Income Taxes&#148; in the Notes to
Consolidated Financial Statements for a further discussion of income taxes, including the valuation allowance against the Company&#146;s net deferred tax asset and its accounting for tax uncertainties. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>CAPITAL RESOURCES </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages its capital resources to minimize its
cost of capital while maintaining appropriate claims-paying resources (&#147;CPR&#148;) for National and MBIA Corp. The Company&#146;s capital resources consist of total shareholders&#146; equity, total debt issued by MBIA Inc. for general corporate
purposes, surplus notes issued by MBIA Corp., and the Facility issued by MZ Funding. Total capital resources were $3.2&nbsp;billion and $4.7&nbsp;billion as of December&nbsp;31, 2017 and 2016, respectively. MBIA Inc. uses its capital resources to
support the business activities of its subsidiaries. As of December&nbsp;31, 2017, MBIA Inc.&#146;s investment in subsidiaries totaled $2.3&nbsp;billion. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
addition to scheduled debt maturities, from time to time, we reduce unsecured debt through calls or repurchases. MBIA Inc. or National may also repurchase outstanding MBIA Inc. common shares when we deem it beneficial to our shareholders. MBIA Inc.
also supports the MTN and investment agreement obligations issued by the Company. We seek to maintain sufficient liquidity and capital resources to meet the Company&#146;s general corporate needs and debt service. Based on MBIA Inc.&#146;s debt
service requirements and expected operating expenses, we expect that MBIA Inc. will have sufficient cash to satisfy its debt obligations and its general corporate needs over time from distributions from its operating subsidiaries; however, there can
be no assurance that MBIA Inc. will have sufficient cash to do so. In addition, the Company may also consider raising third-party capital. For further information, refer to &#147;Capital, Liquidity and Market Related Risk Factors&#148; in Part I,
Item 1A of this Form <FONT STYLE="white-space:nowrap">10-K</FONT> and &#147;Liquidity&#151;Corporate Liquidity&#148; section for additional information about MBIA Inc.&#146;s liquidity. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Securities Repurchases </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of debt and common stock may be
made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. We may also choose to redeem debt obligations where permitted by the relevant agreements. MBIA Inc. or National may
repurchase or redeem outstanding common shares of MBIA Inc. and outstanding debt obligations at prices when we deem it beneficial to our shareholders. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">56 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CAPITAL RESOURCES (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Equity securities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s and National&#146;s share repurchases that were authorized under share repurchase programs, for the years ended December&nbsp;31, 2017, 2016 and 2015, are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of shares repurchased</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Average price paid per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining authorization as of December&nbsp;31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;27, 2017, the Company&#146;s Board of Directors approved a new share repurchase authorization for the Company or National
to repurchase up to $250&nbsp;million of the Company&#146;s outstanding common shares. This new program replaced the approximately $13&nbsp;million remaining under the Board&#146;s February&nbsp;23, 2016 authorization. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, we exhausted the June&nbsp;27, 2017 repurchase program by repurchasing 34&nbsp;million common shares of MBIA Inc. at an average share price of $7.35. On
November&nbsp;3, 2017, the Company&#146;s Board of Directors approved a new share repurchase authorization for the Company or National to repurchase up to $250&nbsp;million of the Company&#146;s outstanding common shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Subsequent to December&nbsp;31, 2017 through February&nbsp;22, 2018, we repurchased 2&nbsp;million common shares of MBIA Inc. at an average share price of $7.25 under
the November&nbsp;3, 2017 share repurchase authorization. As of February&nbsp;22, 2018, $236&nbsp;million remained available to repurchase under this new program. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Debt securities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, we repurchased $160&nbsp;million par value
outstanding of GFL MTNs issued by our corporate segment at a weighted average cost of approximately 84% of par value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Also, during 2017, National purchased from
MBIA Inc., $129&nbsp;million principal amount of MBIA Inc.&#146;s 5.700% Senior Notes due 2034 at a cost of approximately 99% of par value plus accrued interest. These notes had been previously repurchased by MBIA Inc. and had not been retired. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Insurance Statutory Capital </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Insurance Corporation
are incorporated and licensed in, and are subject to primary insurance regulation and supervision by New York State Department of Financial Services (&#147;NYSDFS&#148;). MBIA Mexico is regulated by the Comisi&oacute;n Nacional de Seguros y Fianzas
in Mexico. MBIA Corp.&#146;s Spanish Branch is subject to local regulation in Spain. National and MBIA Insurance Corporation each are required to file detailed annual financial statements, as well as interim financial statements, with the NYSDFS and
similar supervisory agencies in each of the other jurisdictions in which it is licensed. These financial statements are prepared in accordance with New York State and the National Association of Insurance Commissioners&#146; statements of U.S. STAT
and assist our regulators in evaluating minimum standards of solvency, including minimum capital requirements, and business conduct. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Capital and Surplus </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National reported total statutory capital of
$2.8&nbsp;billion as of December&nbsp;31, 2017, compared with $3.5&nbsp;billion as of December&nbsp;31, 2016. As of December&nbsp;31, 2017, statutory capital comprised $2.2&nbsp;billion of policyholders&#146; surplus and $594&nbsp;million of
contingency reserves. National had a statutory net loss of $321&nbsp;million for the year ended December&nbsp;31, 2017. As of December&nbsp;31, 2017, National&#146;s unassigned surplus was $1.6&nbsp;billion. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">57 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>CAPITAL RESOURCES (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In order to maintain its New York State financial guarantee insurance license, National is required to maintain a
minimum of $65&nbsp;million of policyholders&#146; surplus. National is also required to maintain contingency reserves to provide protection to policyholders in the event of extreme losses in adverse economic events. Refer to the following
&#147;MBIA Insurance Corporation&#151;Capital and Surplus&#148; section for additional information about contingency reserves under New York Insurance Law (&#147;NYIL&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NYIL regulates the payment of dividends by financial guarantee insurance companies and provides that such companies may not declare or distribute dividends except out
of statutory earned surplus. Under NYIL, the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding <FONT STYLE="white-space:nowrap">12-month</FONT> period and (ii)&nbsp;the dividend to be declared may not exceed the
lesser of (a) 10% of policyholders&#146; surplus, as reported in the latest statutory financial statements or (b) 100% of adjusted net investment income for such <FONT STYLE="white-space:nowrap">12-month</FONT> period (the net investment income for
such <FONT STYLE="white-space:nowrap">12-month</FONT> period plus the excess, if any, of net investment income over dividends declared or distributed during the <FONT STYLE="white-space:nowrap">two-year</FONT> period preceding such <FONT
STYLE="white-space:nowrap">12-month</FONT> period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National had positive earned surplus as of December&nbsp;31, 2017, which provides National with dividend capacity. During 2017, National declared and paid a dividend of
$118&nbsp;million to its ultimate parent, MBIA Inc. We expect the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">as-of-right</FONT></FONT> declared and paid dividend amounts from National to be limited to prior year net investment
income. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Claims-Paying Resources (Statutory Basis) </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">CPR is a key measure
of the resources available to National to pay claims under its insurance policies. CPR consists of total financial resources and reserves calculated on a statutory basis. CPR has been a common measure used by financial guarantee insurance companies
to report and compare resources and continues to be used by MBIA&#146;s management to evaluate changes in such resources. We have provided CPR to allow investors and analysts to evaluate National using the same measure that MBIA&#146;s management
uses to evaluate National&#146;s resources to pay claims under its insurance policies. There is no directly comparable GAAP measure. Our calculation of CPR may differ from the calculation of CPR reported by other companies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National&#146;s CPR and components thereto, as of December&nbsp;31, 2017 and 2016 are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of<BR>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of<BR>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Policyholders&#146; surplus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,166</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,731</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contingency reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">594</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">745</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statutory capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,760</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,476</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premiums</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">585</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">786</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Present value of installment premiums<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premium resources<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">749</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">973</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(98)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Salvage reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">387</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">614</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total claims-paying resources</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,607</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)&#151;As</TD>
<TD ALIGN="left" VALIGN="top">of December&nbsp;31, 2017 and 2016, the discount rate was 3.25% and 3.18%, respectively. </TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)&#151;Includes</TD>
<TD ALIGN="left" VALIGN="top">financial guarantee and insured credit derivative related premiums. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">58 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>CAPITAL RESOURCES (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Insurance Corporation </I></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Capital and Surplus </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation reported total statutory
capital of $464&nbsp;million as of December&nbsp;31, 2017 compared with $492&nbsp;million as of December&nbsp;31, 2016. As of December&nbsp;31, 2017, statutory capital comprised $237&nbsp;million of policyholders&#146; surplus and $227&nbsp;million
of contingency reserves. As of December&nbsp;31, 2016, statutory capital comprised $238&nbsp;million of policyholders&#146; surplus and $254&nbsp;million of contingency reserves. For the year ended December&nbsp;31, 2017, MBIA Insurance Corporation
had statutory net income of $107&nbsp;million. MBIA Insurance Corporation&#146;s policyholders&#146; surplus included negative unassigned surplus of $1.8&nbsp;billion as of December&nbsp;31, 2017 and 2016. MBIA Insurance Corporation&#146;s
policyholders&#146; surplus may be further negatively impacted if future additional insured losses are incurred. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2016, MBIA Insurance
Corporation&#146;s policyholders&#146; surplus was negatively impacted by $112&nbsp;million, as it was not permitted to treat the portion of its investment in subsidiaries in excess of 60% of net admitted assets less the par value of common and
preferred stock and liabilities as an admitted asset, as required under NYIL. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The $112&nbsp;million reduction to policyholders&#146; surplus was reversed in 2017
to reflect the sale of MBIA UK. In addition, in 2017, MBIA Insurance Corporation released contingency reserves of approximately $20&nbsp;million related to the maturity of the Zohar II notes, as well as, recorded income of $20&nbsp;million related
to the appreciation to the par value of certain Zohar II notes received as consideration. Therefore, in 2017, MBIA Insurance Corporation&#146;s policyholders&#146; surplus increased approximately $152&nbsp;million as a result of these transactions.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, MBIA Insurance Corporation recognized estimated recoveries of $408&nbsp;million, net of reinsurance on a statutory basis related to <FONT
STYLE="white-space:nowrap">put-back</FONT> claims against Credit Suisse and $205&nbsp;million related to excess spread recoveries on RMBS, net of reinsurance. These excess spread recoveries represented 44% of MBIA Insurance Corporation&#146;s
statutory capital as of December&nbsp;31, 2017. In addition, MBIA Insurance Corporation has recorded recoveries related to CDOs. There can be no assurance that we will be successful or that we will not be delayed in realizing these recoveries. Refer
to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for additional information about these recoveries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to provide protection to policyholders in the event of extreme losses in
adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding, refinancings and certain insured securities).
Reductions in the contingency reserve may be recognized based on excess reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS. As a result of regulatory approved reductions, MBIA Insurance
Corporation&#146;s contingency reserves of $227&nbsp;million as of December&nbsp;31, 2017 represented reserves on 31 of the 254 outstanding credits insured by MBIA Insurance Corporation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In order to maintain its New York State financial guarantee insurance license, MBIA Insurance Corporation is required to maintain a minimum of $65&nbsp;million of
policyholders&#146; surplus. As of December&nbsp;31, 2017, MBIA Corp. met the required minimum surplus of $65&nbsp;million. Under NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves and 50% of its loss
reserves and unearned premium reserves in certain qualifying assets. As of December&nbsp;31, 2017, MBIA Insurance Corporation maintained its minimum requirement of policyholders&#146; surplus but did not have enough qualifying assets to support its
contingency reserves and 50% of its loss reserves and unearned premium reserves. As of December&nbsp;31, 2017, MBIA Insurance Corporation was in compliance with its aggregate risk limits under the NYIL, but was not in compliance with certain of its
single risk limits. Under NYIL, MBIA Insurance Corporation is required to maintain admitted assets greater than the aggregate amount of liabilities and outstanding capital stock. As of December&nbsp;31, 2017, MBIA Insurance Corporation&#146;s
admitted assets did not exceed the aggregate amount of its liabilities and outstanding capital stock. If MBIA Insurance Corporation is not in compliance with the above mentioned requirements, the NYSDFS may prevent MBIA Insurance Corporation from
transacting any new financial guarantee insurance business until it no longer exceeds the limitations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">59 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>CAPITAL RESOURCES (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with MBIA Insurance Corporation obtaining approval from the NYSDFS to release excess contingency reserves
in previous periods, MBIA Insurance Corporation agreed that it would not pay any dividends without prior approval from the NYSDFS. Due to its significant negative earned surplus, MBIA Insurance Corporation has not had the statutory capacity to pay
dividends since December&nbsp;31, 2009. Based on estimated future income, MBIA Insurance Corporation is not expected to have any statutory capacity to pay any dividends. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The NYSDFS has not approved MBIA Insurance Corporation&#146;s requests to make interest payments on MBIA Insurance Corporation&#146;s 14%
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Surplus Notes due January&nbsp;15, 2033 (the &#147;Surplus Notes&#148;) since, and including, the January&nbsp;15, 2013 interest payment. The
NYSDFS has cited both MBIA Insurance Corporation&#146;s liquidity and financial condition as well as the availability of &#147;free and divisible surplus&#148; as the basis for such <FONT STYLE="white-space:nowrap">non-approvals.</FONT> As of
January&nbsp;15, 2018, the most recent scheduled interest payment date, there was $629&nbsp;million of unpaid interest on the par amount outstanding of $953&nbsp;million of the Surplus Notes. Under Section&nbsp;1307 of the NYIL and the Fiscal Agency
Agreement governing the surplus notes, Surplus Note payments may be made only with the prior approval by the NYSDFS and if MBIA Insurance Corporation has sufficient &#147;Eligible Surplus&#148;, or as we believe, &#147;free and divisible
surplus&#148; as an appropriate calculation of &#147;Eligible Surplus.&#148; As of December&nbsp;31, 2017, MBIA Insurance Corporation had negative &#147;free and divisible surplus,&#148; of $54&nbsp;million. There is no assurance the NYSDFS will
approve Surplus Note payments, notwithstanding the sufficiency of MBIA Insurance Corporation&#146;s liquidity and financial condition. The unpaid interest on the Surplus Notes will become due on the first business day on or after which MBIA
Insurance Corporation obtains approval to pay some or all of such unpaid interest. No interest has been accrued or will accrue on the deferred interest. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Claims-Paying Resources (Statutory Basis) </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">CPR is a key measure of the
resources available to MBIA Corp. to pay claims under its insurance policies. CPR consists of total financial resources and reserves calculated on a statutory basis. CPR has been a common measure used by financial guarantee insurance companies to
report and compare resources, and continues to be used by MBIA&#146;s management to evaluate changes in such resources. We have provided CPR to allow investors and analysts to evaluate MBIA Corp., using the same measure that MBIA&#146;s management
uses to evaluate MBIA Corp.&#146;s resources to pay claims under its insurance policies. There is no directly comparable GAAP measure. Our calculation of CPR may differ from the calculation of CPR reported by other companies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s CPR and components thereto, as of December&nbsp;31, 2017 and 2016 are presented in the following table: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of<BR>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of<BR>December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Policyholders&#146; surplus</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">237</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">238</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Contingency reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">254</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statutory capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">464</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">492</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premiums</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">319</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Present value of installment premiums<SUP STYLE="font-size:85%; vertical-align:top">(1) (4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">192</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">424</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premium resources<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">387</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">743</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net loss and LAE reserves<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(792)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(207)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Salvage reserves<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,428</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">917</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross loss and LAE reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">636</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">710</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total claims-paying resources</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,487</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;As of December&nbsp;31, 2017 and 2016, the discount rate was 5.20% and 5.15%, respectively. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes financial guarantee and insured credit derivative related premiums. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(3)&#151;This amount primarily consists of expected recoveries related to the Company&#146;s CDOs, excess spread and
<FONT STYLE="white-space:nowrap">put-backs.</FONT> </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(4)&#151;Based on the Company&#146;s estimate of the remaining life for its insured exposures.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">60 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>LIQUIDITY </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We use a
liquidity risk management framework, the primary objective of which is to match liquidity resources to needs. We monitor our cash and liquid asset resources using daily cash forecasting and stress-scenario testing. Members of MBIA&#146;s senior
management meet regularly to review liquidity metrics, discuss contingency plans and establish target liquidity levels. We evaluate and manage liquidity on a legal-entity basis to take into account the legal, regulatory and other limitations on
available liquidity resources within the enterprise. The following is a discussion of our liquidity resources and requirements for our holding company and our insurance subsidiaries. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>National Liquidity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary sources of cash available to National
are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">principal and interest receipts on assets held in its investment portfolio, including proceeds from the sale of assets; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">installment premiums. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary uses of cash by National are: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments of operating expenses, taxes and funding purchases of MBIA Inc. shares; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">loss payments and loss adjustment expenses on insured transactions; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments of dividends. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016, National held cash and investments of $3.6&nbsp;billion
and $4.2&nbsp;billion, respectively, of which $228&nbsp;million and $366&nbsp;million, respectively, were cash and cash equivalents or short-term investments comprised of highly rated commercial paper, money market funds and municipal, U.S. agency
and corporate bonds. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The insurance policies issued or reinsured by National provide unconditional and irrevocable guarantees of payments of the principal of, and
interest or other amounts owing on, insured obligations when due. In the event of a default in payment of principal, interest or other insured amounts by an issuer, National generally promises to make funds available in the insured amount within one
to three business days following notification. In some cases, the amount due can be substantial, particularly if the default occurs on a transaction to which National has a large notional exposure or on a transaction structured with large,
bullet-type principal maturities. The fact that the U.S. public finance insurance segment&#146;s financial guarantee contracts generally cannot be accelerated by a party other than the insurer helps to mitigate liquidity risk in this segment. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate Liquidity </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary sources of cash available to MBIA
Inc. are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">dividends from National; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">release of funds under the tax sharing agreement, which are funded by National; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">available cash and liquid assets not subject to collateral posting requirements; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">principal and interest receipts on assets held in its investment portfolio, including proceeds from the sale of assets; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">access to capital markets. </TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">61 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary uses of cash by MBIA Inc. are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">servicing outstanding unsecured corporate debt obligations and MTNs; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">meeting collateral posting requirements under investment agreements and derivative arrangements; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments related to interest rate swaps; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments of operating expenses; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">funding share repurchases and debt buybacks. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016, the liquidity positions of MBIA
Inc. which included cash and cash equivalents or short-term investments comprised of highly rated commercial paper, money market funds and municipal, U.S. agency and corporate bonds for general corporate purposes, excluding the amounts held in
escrow under its tax sharing agreement, were $419&nbsp;million and $403&nbsp;million, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During the year ended December&nbsp;31, 2017, $94&nbsp;million
was released to MBIA Inc. under the MBIA group tax sharing agreement and related tax escrow account (&#147;Tax Escrow Account&#148;), representing National&#146;s liability under the tax sharing agreement for the 2014 tax year. The release was
pursuant to the terms of the tax sharing agreement following the expiration of National&#146;s <FONT STYLE="white-space:nowrap">two-year</FONT> NOL carry-back period under U.S. tax rules. As of December&nbsp;31, 2017, $234&nbsp;million had been
deposited for the 2015 and 2016 tax years. Subsequent to December&nbsp;31, 2017, $90&nbsp;million of these deposits were returned to National as a result of National&#146;s 2017 financial results and $18&nbsp;million was released to MBIA Inc. from
the Tax Escrow Account related to the 2015 year. National&#146;s tax escrow payment of $108&nbsp;million for the 2016 tax year is not eligible for release or return until National&#146;s 2018 tax liability is calculated. The remaining amount in the
tax escrow now represents National&#146;s 2016 tax liability. There can be no assurance that any future payments under the Tax Escrow Account from subsidiaries will be released to MBIA Inc. due to deductible or creditable tax attributes of those
subsidiaries and/or the market value performance of the assets supporting the Tax Escrow Account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Based on our projections of National&#146;s and MBIA Corp.&#146;s
future earnings and losses, we expect that for the foreseeable future National will be the primary source of dividends and tax sharing agreement payments to MBIA Inc. During 2017, National declared and paid a dividend of $118&nbsp;million to its
ultimate parent, MBIA Inc. There can be no assurance as to the amount and timing of any such future dividends or payments from the tax escrow account under the tax sharing agreement. Also, absent a special dividend subject to the approval of the
NYSDFS, we expect the declared and paid dividend amounts from National to be limited to prior year net investment income. Refer to the &#147;Capital Resources &#150; Insurance Statutory Capital&#148; section for additional information on payments of
dividends. We do not expect MBIA Inc. to receive distributions from MBIA Corp. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, National purchased from MBIA Inc., $129&nbsp;million principal amount
of MBIA Inc.&#146;s 5.700% Senior Notes due 2034 at a cost of approximately 99% of par value plus accrued interest. These notes had been previously repurchased by MBIA Inc. and had not been retired. This transaction increased MBIA Inc.&#146;s
liquidity position by a total of $130&nbsp;million and had no impact to the Company&#146;s consolidated outstanding debt obligations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Currently, the majority of
the cash and securities of MBIA Inc. is pledged against investment agreement liabilities, the Asset Swap (simultaneous repurchase and reverse repurchase agreement) and derivatives, which limits its ability to raise liquidity through asset sales. If
the market value or rating eligibility of the assets which are pledged against MBIA Inc.&#146;s obligations were to decline, we would be required to pledge additional eligible assets in order to meet minimum required collateral amounts against these
liabilities. To mitigate these risks, we seek to maintain cash and liquidity resources that we believe will be sufficient to make all payments due on our obligations and to meet other financial requirements, such as posting collateral. Contingent
liquidity resources include: (1)&nbsp;sales of invested assets exposed to credit spread stress risk, which may occur at losses; (2)&nbsp;termination and settlement of interest rate swap agreements; and (3)&nbsp;accessing the capital markets. These
actions, if taken, are expected to result in either additional liquidity or reduced exposure to adverse credit spread movements. There can be no assurance that these actions will be sufficient to fully mitigate this risk. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">62 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>MBIA Corp. Liquidity </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary sources of cash available to MBIA Corp. are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">recoveries associated with loss payments; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">installment premiums and fees; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">principal and interest receipts on assets held in its investment portfolio, including the proceeds from the sale of assets. </TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The primary uses of cash by MBIA Corp. are: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">loss and LAE or commutation payments on insured transactions; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">repayment of the Facility; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payments of operating expenses; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">payment of principal and interest related to its surplus notes, if and to the extent approved by the NYSDFS. Refer to &#147;Capital Resources&#151;Insurance Statutory Capital&#148; for a discussion on the <FONT
STYLE="white-space:nowrap">non-approval</FONT> of requests to the NYSDFS to pay interest on its surplus notes. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016,
MBIA Corp. held cash and investments of $271&nbsp;million and $328&nbsp;million, respectively, of which $145&nbsp;million and $201&nbsp;million, respectively, were cash and cash equivalents or short-term investments comprised of money market funds
and municipal, U.S. agency and corporate bonds that were immediately available to MBIA Insurance Corporation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Insured transactions that require payment in full of
the principal insured at maturity could present liquidity risk for MBIA Corp. as any salvage recoveries from such payments could be recovered over an extended period of time after the payment of the principal amount. MBIA Corp. is generally required
to satisfy claims within one to three business days, and as a result seeks to identify potential claims in advance through our monitoring process. While our financial guarantee policies generally cannot be accelerated, thereby helping to mitigate
liquidity risk, insurance of CDS and certain other derivative contracts may, in certain circumstances, including the occurrence of certain insolvency or payment defaults, be subject to termination by the counterparty, triggering a claim for the fair
value of the contract. In order to monitor liquidity risk and maintain appropriate liquidity resources, we use the same methodology as we use to monitor credit quality and losses within our insured portfolio, including stress scenarios. Refer to
&#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; in the Notes to Consolidated Financial Statements for a discussion of our loss process. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.
has recorded expected excess spread recoveries of $233&nbsp;million as of December&nbsp;31, 2017 associated with insured RMBS issues, including recoveries related to consolidated VIEs. MBIA Corp. has also recorded expected recovery amounts related
to its claims against Credit Suisse for ineligible mortgage loans included in an MBIA Corp. insured RMBS transaction. In addition, MBIA Insurance Corporation has recorded recoveries related to CDOs. There can be no assurance that it will be
successful or not be delayed in realizing these recoveries. During 2017, MBIA Corp. collected $147&nbsp;million from insured RMBS transactions related to excess spread recoveries and a mortgage insurance settlement with Old Republic Insurance
Corporation. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. Financing Facility </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In January of 2017, MBIA
Corp. entered into the Facility with the Senior Lenders and with MBIA Inc., pursuant to which the Senior Lenders provided $325&nbsp;million of senior financing and MBIA Inc. provided $38&nbsp;million of subordinated financing to MZ Funding, which in
turn lent the proceeds of such financing to MBIA Corp. MBIA Inc. also committed to provide an additional $50&nbsp;million subordinated financing to MZ Funding under certain circumstances, which MZ Funding would then lend to MBIA Corp. For a further
discussion of the Facility, refer to &#147;Note 10: Debt&#148; in the Notes to Consolidated Financial Statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">63 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Advances Agreement </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., National, MBIA Insurance Corporation and certain other affiliates are party to an intercompany advances agreement (the &#147;MBIA Advances Agreement&#148;).
The MBIA Advances Agreement permits National to make advances to MBIA Inc. and other MBIA group companies that are party to the agreement at a rate per annum equal to LIBOR plus 0.25%. The agreement also permits other affiliates to make advances to
National or MBIA Insurance Corporation at a rate per annum equal to LIBOR minus 0.10%. Advances by National cannot exceed 3% of its net admitted assets as of the last quarter end. As of December&nbsp;31, 2017 and 2016, there were no amounts drawn
under the agreement. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidated Cash Flows </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information about
our consolidated cash flows by category is presented on our consolidated statements of cash flows. The following table summarizes our consolidated cash flows for the years ended December&nbsp;31, 2017, 2016 and 2015: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017&nbsp;vs.&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016&nbsp;vs.&nbsp;2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Statement of cash flow data:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net cash provided (used) by:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(630)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(140)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,202</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,424</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">817</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-50%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(611)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,544)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,015)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-76%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effect of exchange rate changes on cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-75%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">522</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-64%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification to assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-100%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">n/m</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents&#151;end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">522</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-22%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-64%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">n/m&#151;Percent change
not meaningful. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Operating activities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net cash used by operating
activities increased for the year ended December&nbsp;31, 2017 compared with 2016 primarily due to an increase in losses and LAE paid of $417&nbsp;million and a decrease in investment income received of $70&nbsp;million. Net cash used by operating
activities increased for the year ended December&nbsp;31, 2016 compared with 2015 primarily due to an increase in loss and LAE payments of $113&nbsp;million and a decrease in investment income received of $35&nbsp;million, partially offset by a
decrease in interest paid of $30&nbsp;million and an increase in premiums, fees and reimbursements received of $20&nbsp;million. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Investing activities </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net cash provided by investing activities decreased for the year ended December&nbsp;31, 2017 compared with 2016 primarily due to a decrease in net proceeds from
paydowns of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT> investments of consolidated VIEs of $1.8&nbsp;billion, partially offset by an increase in net proceeds from purchases, sales and paydowns
and maturities of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments of $582&nbsp;million. Net cash provided by investing activities increased for the year ended December&nbsp;31, 2016
compared with 2015 primarily due to an increase in net proceeds from paydowns of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT> investments of consolidated VIEs of $1.7&nbsp;billion related to the
deconsolidation of VIEs in 2016. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">64 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financing activities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Net
cash used by financing activities decreased for the year ended December&nbsp;31, 2017 compared with 2016 primarily due to a decrease in the principal paydowns of consolidated VIE notes of $1.9&nbsp;billion primarily related to the deconsolidation of
VIEs in 2016 and proceeds received from the Facility in 2017, partially offset by an increase in purchases of treasury stock of $220&nbsp;million. Net cash used by financing activities increased for the year ended December&nbsp;31, 2016 compared
with 2015 primarily due to an increase in the principal paydowns of consolidated VIE notes of $1.7&nbsp;billion related to the deconsolidation of VIEs in 2016, partially offset by a decrease in the purchases of treasury stock of $194&nbsp;million.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following discussion of investments, including
references to consolidated investments, excludes investments reported under &#147;Assets of consolidated variable interest entities&#148; on our consolidated balance sheets. Investments of VIEs support the repayment of VIE obligations and are not
available to settle obligations of MBIA. Our <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> (&#147;AFS&#148;) investments comprise high-quality fixed-income securities and short-term investments.
Refer to &#147;Note 8: Investments&#148; in the Notes to Consolidated Financial Statements for detailed discussion about our investments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table
presents our investment portfolio as of December&nbsp;31, 2017 and 2016. As of December&nbsp;31, 2016, AFS investments with a fair value of $466&nbsp;million reported under &#147;Assets held for sale&#148; within our international and structured
finance segment are excluded due to the sale of MBIA UK in January of 2017. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>As&nbsp;of&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Available-for-sale</FONT></FONT>
investments<SUP STYLE="font-size:85%; vertical-align:top">(1):</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,975</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(63)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,078</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,912</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,078</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-11%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-10%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">210</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-18%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">218</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT>
investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortized cost</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,450</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized net gain (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-21%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT>
investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-19%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value<SUP STYLE="font-size:85%; vertical-align:top">(2):</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-29%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments at amortized cost:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-33%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consolidated investments at carrying value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">-17%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unrealized
gains and losses, net of applicable deferred income taxes, are reflected in accumulated other comprehensive income in shareholders&#146; equity. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Changes in
fair value and realized gains and losses from the sale of these investments are reflected in net income. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">65 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the Company&#146;s investments is based on prices which include quoted prices in active markets and
prices based on market-based inputs that are either directly or indirectly observable, as well as prices from dealers in relevant markets. Differences between fair value and amortized cost arise primarily as a result of changes in interest rates and
general market credit spreads occurring after a fixed-income security is purchased, although other factors may also influence fair value, including specific credit-related changes, supply and demand forces and other market factors. When the Company
holds an AFS investment to maturity, any unrealized gain or loss currently recorded in accumulated other comprehensive income (loss) in the shareholders&#146; equity section of the balance sheet is reversed. As a result, the Company would realize a
value substantially equal to amortized cost. However, when investments are sold prior to maturity, the Company will realize any difference between amortized cost and the sale price of an investment as a realized gain or loss within its consolidated
statements of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Quality </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The credit quality
distribution of the Company&#146;s AFS fixed-maturity investment portfolios, excluding short-term investments, are based on ratings from Moody&#146;s and alternate ratings sources, such as S&amp;P or the best estimate of the ratings assigned by the
Company, have been used for a small percentage of securities that are not rated by Moody&#146;s. As of December&nbsp;31, 2017, the weighted average credit quality ratings and percentage of investment grade of the Company&#146;s AFS fixed-maturity
investment portfolios, excluding short-term investments, are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.&nbsp;Public<BR>Finance&nbsp;Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International&nbsp;and<BR>Structured<BR>Finance&nbsp;Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Weighted average credit quality ratings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aa</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aa</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aa</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">Aa</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment grade percentage</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">96%</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">97%</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">90%</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Insured Investments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s consolidated
investment portfolio includes investments that are insured by various financial guarantee insurers (&#147;Insured Investments&#148;), including investments insured by National and MBIA Corp. (&#147;Company-Insured Investments&#148;). When purchasing
Insured Investments, the Company&#146;s third-party portfolio manager independently assesses the underlying credit quality, structure and liquidity of each investment, in addition to the creditworthiness of the insurer. Insured Investments are
diverse by sector, issuer and size of holding. The third-party portfolio manager assigns underlying ratings to Insured Investments without giving effect to financial guarantees based on underlying ratings assigned by Moody&#146;s or S&amp;P, when a
rating is not published by Moody&#146;s. When a Moody&#146;s or S&amp;P underlying rating is not available, the underlying rating is based on the portfolio manager&#146;s best estimate of the rating of such investment. A downgrade of a financial
guarantee insurer has historically had an adverse effect on the fair value of investments insured by the downgraded financial guarantee insurer. If the Company determines that declines in the fair values of Insured Investments are
other-than-temporary, the Company will record a realized loss through earnings. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, Insured Investments at fair value represented
$391&nbsp;million or 8% of consolidated investments, of which $274&nbsp;million or 6% of consolidated investments were Company-Insured Investments. As of December&nbsp;31, 2017, based on the actual or estimated underlying ratings of our consolidated
investment portfolio, without giving effect to financial guarantees, the weighted average rating of only the Insured Investments in the investment portfolio would be in the below investment grade range. Without giving effect to the National and MBIA
Corp. guarantees of the Company-Insured Investments in the consolidated investment portfolio, as of December&nbsp;31, 2017, based on actual or estimated underlying ratings, the weighted average rating of the consolidated investment portfolio was in
the Aa range. The weighted average rating of only the Company-Insured Investments was in the below investment grade range, and investments rated below investment grade in the Company-Insured Investments were 5% of the total consolidated investment
portfolio. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">66 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Contractual Obligations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table summarizes the Company&#146;s future estimated cash payments relating to contractual obligations as of December&nbsp;31, 2017. Estimating these
payments requires management to make estimates and assumptions regarding these obligations. The estimates and assumptions used by management are described below. Since these estimates and assumptions are subjective, actual payments in future periods
may vary from those reported in the following table. Refer to &#147;Note 13: Insurance in Force&#148; in the Notes to Consolidated Financial Statements for information about the Company&#146;s exposure under insurance contracts.</P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2018</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2019</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2020</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2021</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2022</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Thereafter</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. public finance insurance segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Lease liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">856</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">403</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">523</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">902</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Lease liability</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and structured finance insurance segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Surplus notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">735</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,156</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">181</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">959</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,252</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Corp. Financing Facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">336</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">430</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,081</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">339</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">581</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">578</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,446</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Amounts on
certain policies are presented net of expected recoveries. Excludes intercompany reinsurance agreements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross insurance claim obligations represent the future
value of probability-weighted payments MBIA expects to make (before reinsurance and the consolidation of VIEs) under insurance policies for which the Company has recorded loss reserves (financial guarantees) or has estimated credit impairments
(insured derivatives). Certain policies included in gross insurance claim obligations are presented net of expected recoveries. The discounted value of estimated payments included in the table, along with probability-weighted estimated recoveries
and estimated negotiated early settlements, on policies accounted for as financial guarantee insurance contracts is reported as case basis reserves within &#147;Loss and loss adjustment expense reserves&#148; on the Company&#146;s consolidated
balance sheets. Insured derivatives are recorded at fair value and reported within &#147;Derivative liabilities&#148; on the Company&#146;s consolidated balance sheets. Estimated potential claim payments on obligations issued by VIEs consolidated in
our international and structured finance insurance segment are included within &#147;Gross insurance claim obligations&#148; in the preceding table. Obligations of these VIEs are collateralized by assets held by the VIEs, and investors in such
obligations do not have recourse to the general credit of MBIA. As of December&nbsp;31, 2017, VIE notes issued by issuer-sponsored consolidated VIEs totaled $2.3&nbsp;billion, including $1.1&nbsp;billion recorded at fair value, and are not
considered contractual obligations of MBIA beyond MBIA&#146;s insurance claim obligation. The Company&#146;s involvement with VIEs is continually reassessed as required by consolidation guidance, and may result in consolidation or deconsolidation of
VIEs in future periods. As the Company consolidates and deconsolidates VIEs, the amount of VIE debt obligations recorded on its balance sheet may change significantly. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Long-term debt, investment agreements, MTNs, surplus notes and the MBIA Corp. Financing Facility include principal and interest and exclude premiums or discounts.
Liabilities issued at discounts reflect principal due at maturity. Interest payments on floating rate obligations are estimated using applicable forward rates. Principal and interest on callable obligations or obligations that allow investors to
withdraw funds prior to legal maturity are based on the expected call or withdrawal dates of such obligations. Liabilities denominated in foreign currencies are presented in U.S. dollars using applicable exchange rates as of December&nbsp;31, 2017.
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">67 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7. Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations (continued)
</I></B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>LIQUIDITY (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in international and structured finance insurance segment&#146;s surplus notes for 2018 is $616&nbsp;million
of unpaid interest related to the 2013 through 2017 interest payments in which MBIA Insurance Corporation&#146;s requests for approval to pay was denied by the NYSDFS. This deferred interest payment will be due on the first business day on or after
which MBIA Insurance Corporation obtains approval to make such payment. No interest will accrue on the deferred interest. There can be no assurance that the NYSDFS will approve any subsequent payments, or that it will approve any payment by the
scheduled interest payment date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The repayment of principal on our surplus notes is reflected in 2023, which is the next call date. Refer to &#147;Capital
Resources &#151; MBIA Insurance Corporation&#148; section for additional information on MBIA Insurance Corporation&#146;s surplus notes and statutory capital. Principal payments under investment agreements are based on expected withdrawal dates. All
other principal payments are based on contractual maturity dates. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_10"></A>Item 7A. Quantitative and Qualitative Disclosures About Market Risk
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s market risk exposures relate to changes in interest rates, foreign exchange rates and credit spreads that affect the fair value of its
financial instruments, primarily investment securities, MTNs, investment agreement liabilities and certain derivative instruments. The Company&#146;s investments are primarily U.S. dollar-denominated fixed-income securities including municipal
bonds, U.S. government bonds, corporate bonds, MBS and asset-backed securities. In periods of rising and/or volatile interest rates, foreign exchange rates and credit spreads, profitability could be adversely affected should the Company have to
liquidate these securities. MBIA minimizes its exposure to interest rate risk, foreign exchange risk and credit spread movement through active portfolio management to ensure a proper mix of the types of securities held and to stagger the maturities
of its fixed-income securities. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>INTEREST RATE SENSITIVITY </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Interest rate sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in interest rates. The following table presents the estimated <FONT
STYLE="white-space:nowrap">pre-tax</FONT> change in fair value of the Company&#146;s financial instruments as of December&nbsp;31, 2017 from instantaneous shifts in interest rates: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Interest Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>300&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>100&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>100&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>300&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;393</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(83)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(151)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(207)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>FOREIGN EXCHANGE RATE SENSITIVITY </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company is exposed to foreign exchange rate risk in respect of assets and liabilities denominated in currencies other than U.S. dollars. Certain liabilities included in our corporate segment are denominated in currencies other than U.S. dollars. The
majority of the Company&#146;s foreign exchange rate risks is with the euro. Foreign exchange rate sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in foreign exchange rates. The following table presents
the estimated <FONT STYLE="white-space:nowrap">pre-tax</FONT> change in fair value of the Company&#146;s financial instruments as of December&nbsp;31, 2017 from instantaneous shifts in foreign exchange rates: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change&nbsp;in&nbsp;Foreign&nbsp;Exchange&nbsp;Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Dollar Weakens</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Dollar&nbsp;Strengthens</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;20%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;10%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;10%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;20%&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(46)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">68 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 7A. Quantitative and Qualitative Disclosures About Market Risk (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>CREDIT RATE SENSITIVITY </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Credit spread sensitivity can be estimated by projecting a hypothetical instantaneous increase or decrease in credit spreads. The following table presents the estimated <FONT
STYLE="white-space:nowrap">pre-tax</FONT> change in fair value of the Company&#146;s financial instruments as of December&nbsp;31, 2017 from instantaneous shifts in credit spread curves. It was assumed that all credit spreads move by the same
amount. It is more likely that the actual changes in credit spreads will vary by security. National&#146;s investment portfolio would generally be expected to experience lower credit spread volatility than other investment portfolios since National
has higher credit quality and portfolio composition in sectors that have been less volatile historically. The changes in fair value reflect partially offsetting effects as the value of the investment portfolios generally changes in an opposite
direction from the liability portfolio. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Credit Spreads</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50&nbsp;Basis&nbsp;Point<BR>Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>50&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>200&nbsp;Basis&nbsp;Point<BR>Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated change in fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(197)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>WARRANTS SENSITIVITY </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Warrants issued
by the Company to purchase shares of MBIA Inc. common stock are recorded at fair value in the Company&#146;s balance sheet and changes in fair value are recorded through earnings. The Company values these warrants using the Black-Scholes model.
Refer to &#147;Note 7: Fair Value of Financial Instruments&#148; in the Notes to Consolidated Financial Statements for further information about the valuation of warrants issued by the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">While several factors influence the value of the Company&#146;s warrants, including stock price, stock volatility, interest rates, expiration dates and dividends,
changes in the value of the Company&#146;s warrants are primarily driven by changes in the Company&#146;s stock price. The outstanding warrants are scheduled to expire in May and August of 2018. The following table presents the estimated <FONT
STYLE="white-space:nowrap">pre-tax</FONT> change in fair value and the estimated aggregate fair value of the Company&#146;s warrants assuming hypothetical stock price as of December&nbsp;31, 2017 holding other inputs constant. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in Stock Price</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>25%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Increase</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>No&nbsp;Change</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>10%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>25%&nbsp;Decrease</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated <FONT STYLE="white-space:nowrap">pre-tax</FONT> net gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Estimated net fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">69 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_11"></A>Item 8. Financial Statements and Supplementary Data </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>INDEX TO
CONSOLIDATED FINANCIAL STATEMENTS </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="95%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_300">Report of Independent Registered Public Accounting Firm</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_301">Consolidated Balance Sheets as of December&nbsp;31, 2017 and 2016</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_302">Consolidated Statements of Operations for the years ended December&nbsp;
31, 2017, 2016 and 2015</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_303">Consolidated Statements of Comprehensive Income (Loss) for the years ended December&nbsp;31,
 2017, 2016 and 2015</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_304">Consolidated Statements of Changes in Shareholders&#146; Equity for the years ended December&nbsp;31,
 2017, 2016 and 2015</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_305">Consolidated Statements of Cash Flows for the years ended December&nbsp;
31, 2017, 2016 and 2015</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_306">Notes to Consolidated Financial Statements</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_307">Note 1: Business Developments and Risks and Uncertainties</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_308">Note 2: Significant Accounting Policies</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_309">Note 3: Recent Accounting Pronouncements</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_310">Note 4: Variable Interest Entities</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_311">Note 5: Insurance Premiums</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_312">Note 6: Loss and Loss Adjustment Expense Reserves</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_313">Note 7: Fair Value of Financial Instruments</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_314">Note 8: Investments</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_315">Note 9: Derivative Instruments</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_316">Note 10: Debt</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_317">Note 11: Income Taxes</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_318">Note 12: Business Segments</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_319">Note 13: Insurance in Force</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_320">Note 14: Insurance Regulations and Dividends</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_321">Note 15: Pension and Profit Sharing Plans</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_322">Note 16: Long-term Incentive Plans</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_323">Note 17: Earnings Per Share</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_324">Note 18: Common and Preferred Stock</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_325">Note 19: Accumulated Other Comprehensive Income</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><A HREF="#tx437986_326">Note 20: Commitments and Contingencies</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">153</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:2%; text-indent:-2%; font-size:10pt; font-family:ARIAL">Refer to &#147;Item 6. Selected Financial Data&#148; for Supplementary Financial Information </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">70 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_300"></A>Report of Independent Registered Public Accounting Firm </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">To the Board of Directors and Shareholders of MBIA Inc.: </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Opinions on the
Financial Statements and Internal Control over Financial Reporting </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have audited the accompanying consolidated balance sheets of MBIA Inc. and its
subsidiaries (the &#147;Company&#148;) as of December&nbsp;31, 2017 and 2016 and the related consolidated statements of operations, of comprehensive income (loss), of changes in shareholders&#146; equity and of cash flows for each of the three years
in the period ended December&nbsp;31, 2017, including the related notes and financial statement schedules listed in the index appearing under Item 15(a)(2) (collectively referred to as the &#147;consolidated financial statements&#148;). We also have
audited the Company&#146;s internal control over financial reporting as of December&nbsp;31, 2017, based on criteria established in Internal Control&#151;Integrated Framework (2013)&nbsp;issued by the Committee of Sponsoring Organizations of the
Treadway Commission (COSO). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial
position of the Company as of December&nbsp;31, 2017 and 2016, and the results of its operations and its cash flows for each of the three years in the period ended December&nbsp;31, 2017 in conformity with accounting principles generally accepted in
the United States of America. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December&nbsp;31, 2017, based on criteria established in Internal Control&#151;Integrated
Framework (2013)&nbsp;issued by the COSO. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Basis for Opinions </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company&#146;s management is responsible for these consolidated financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting,
included in Management&#146;s Report on Internal Control over Financial Reporting appearing under Item 9A. Our responsibility is to express opinions on the Company&#146;s consolidated financial statements, and on the Company&#146;s internal control
over financial reporting based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (&#147;PCAOB&#148;) and are required to be independent with respect to the Company in
accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We conducted our
audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to
error or fraud, and whether effective internal control over financial reporting was maintained in all material respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Our audits of the consolidated financial
statements included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included
examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as
evaluating the overall presentation of the consolidated financial statements. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material
weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe
that our audits provide a reasonable basis for our opinions. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">71 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Definition and Limitations of Internal Control over Financial Reporting </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A company&#146;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company&#146;s internal control over financial reporting includes those policies and procedures that (i)&nbsp;pertain to the
maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (ii)&nbsp;provide reasonable assurance that transactions are recorded as necessary to permit preparation
of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(iii)&nbsp;provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#146;s assets that could have a material effect on the financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">/s/ PricewaterhouseCoopers LLP </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">New York, New York </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">March&nbsp;1, 2018 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We have served as the Company&#146;s auditor since at least
1994. We have not determined the specific year we began serving as auditor for the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">72 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx437986_301"></A>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSOLIDATED BALANCE SHEETS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except
share and per share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Fixed-maturity securities held as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale,</FONT></FONT> at fair value (amortized cost $3,728 and $4,713)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,712</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,694</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments pledged as collateral, at fair value (amortized cost $147 and $234)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Short-term investments held as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale,</FONT></FONT> at fair value (amortized cost $589 and $552)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">589</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other investments (includes investments at fair value of $4 and $5)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">369</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">511</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">504</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">555</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred income taxes, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">970</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Assets of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity,</FONT></FONT>
at amortized cost (fair value $916 and $876)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">182</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">255</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,679</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,066</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>9,095</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>11,137</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Liabilities and Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">752</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">958</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">979</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">541</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Medium-term notes (includes financial instruments carried at fair value of $115 and $101)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">765</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">895</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">399</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">299</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">346</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Liabilities of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Variable interest entity notes (includes financial instruments carried at fair value of $1,069 and
$1,351)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,241</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>7,670</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>7,898</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Commitments and contingencies (Refer to Note 20)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Equity:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Preferred stock, par value $1 per share; authorized shares&#151;10,000,000; issued and
outstanding&#151;none</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Common stock, par value $1 per share; authorized shares&#151;400,000,000; issued shares&#151;283,717,973 and
283,989,999</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Additional <FONT STYLE="white-space:nowrap">paid-in</FONT> capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,095</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accumulated other comprehensive income (loss), net of tax of $16 and $37</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Treasury stock, at cost&#151;192,233,526 and 148,789,168 shares</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3,118)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,789)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total shareholders&#146; equity of MBIA Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,413</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,227</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Preferred stock of subsidiary</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,425</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,239</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Total liabilities and equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>9,095</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>11,137</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:86pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">73 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx437986_302"></A>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSOLIDATED STATEMENTS OF OPERATIONS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In
millions except share and per share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Revenues:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Scheduled premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">168</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Refunding premiums earned</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Premiums earned (net of ceded premiums of $6, $7 and $9)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">154</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Fees and reimbursements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Change in fair value of insured derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(101)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(282)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Revenues of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">130</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">853</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Expenses:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Amortization of deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Expenses of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,094</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(1,605)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(338)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>180</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Net income (loss) per common share:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><B>Weighted average number of common shares outstanding:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Basic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118,930,282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133,001,088</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163,936,318</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Diluted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118,930,282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133,001,088</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164,869,788</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:99pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">74 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx437986_303"></A>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss):</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(80)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(53)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Available-for-sale</FONT></FONT>
securities with other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments and unrealized gains (losses) arising during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reclassification adjustments for (gains) losses included in net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign currency translation gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(94)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(95)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(82)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Comprehensive income (loss)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(1,496)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(405)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>98</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:302pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">75 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx437986_304"></A>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS&#146; EQUITY </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>For The Years Ended December&nbsp;31, 2017, 2016 and 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions except share amounts) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Common Stock</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Additional<BR><FONT STYLE="white-space:nowrap">Paid-in</FONT></B><br><B>Capital</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Retained</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accumulated<BR>Other<BR>Comprehensive</B><br><B>Income (loss)</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Treasury Stock</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total<BR>Shareholders&#146;<BR>Equity</B><br><B>of MBIA Inc.</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Preferred Stock<BR>of&nbsp;Subsidiary&nbsp;and<BR>Noncontrolling&nbsp;interest</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B><br><B>Equity</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, January&nbsp;1, 2015</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>281,352,782</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>281</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,128</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,858</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(89,409,887)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,359)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,929</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>21</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,950</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">ASU <FONT STYLE="white-space:nowrap">2015-02</FONT> transition adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(82)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(82)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(82)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax of $9</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">480,836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(986,455)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Treasury shares acquired under share repurchase program</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39,906,899)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(303)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(303)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(303)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2015</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>281,833,618</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>282</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,138</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,038</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(61)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(130,303,241)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,668)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,729</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>12</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,741</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,156,381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,925,990)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Treasury shares acquired under share repurchase program</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16,559,937)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2016</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>283,989,999</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>284</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,160</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,700</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(128)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(148,789,168)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(2,789)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,227</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>12</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,239</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Share-based compensation, net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(272,026)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(402,707)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Treasury shares acquired under share repurchase program</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43,041,651)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(325)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(325)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(325)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL"><B>Balance, December&nbsp;31, 2017</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>283,717,973</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>284</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,171</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,095</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(19)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(192,233,526)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>(3,118)</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,413</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,315</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>12</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,425</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:350pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">76 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="tx437986_305"></A>MBIA INC. AND SUBSIDIARIES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSOLIDATED STATEMENTS OF CASH FLOWS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In
millions) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums, fees and reimbursements received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Investment income received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">318</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">353</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insured derivative commutations and losses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(42)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Financial guarantee losses and loss adjustment expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(768)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(351)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(238)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from recoveries and reinsurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">99</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating and employee related expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(130)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(134)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(129)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest paid, net of interest converted to principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(155)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(139)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(169)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income taxes (paid) received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(630)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(140)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from investing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,811)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,146)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT>
investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Paydowns and maturities of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">568</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">680</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(263)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(199)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(390)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">326</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">260</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">551</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities (purchases) of short-term investments, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">525</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Sales, paydowns and maturities of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT> investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,799</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Paydowns and maturities of loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">259</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">261</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Consolidation of variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deconsolidation of variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">(Payments) proceeds for derivative settlements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(64)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(44)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Collateral (to) from counterparties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Capital expenditures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other investing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,202</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,424</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">817</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash flows from financing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(84)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(85)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(116)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(171)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(129)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(118)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Proceeds from the MBIA Corp. Financing Facility</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">328</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(368)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,234)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(490)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Principal paydowns of long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Purchases of treasury stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(330)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(110)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(304)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other financing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(611)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,544)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,015)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Effect of exchange rate changes on cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net increase (decrease) in cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(262)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(260)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">522</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Reclassification to assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Cash and cash equivalents&#151;end of period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">187</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">522</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Reconciliation of net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Change in:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Premiums receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(206)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(263)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(371)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">778</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(681)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(74)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(44)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accrued interest payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Accrued expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Unrealized (gains) losses on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(157)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net (gains) losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(84)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(105)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized (gains) losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">282</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Deferred income tax provision (benefit)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest on variable interest entities, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total adjustments to net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">975</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">198</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(234)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(630)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(140)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Supplementary Disclosure of Consolidated Cash Flow Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-cash</FONT> investing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-cash</FONT> consideration received from the sale of MBIA UK Insurance
Limited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:20pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The accompanying notes are an integral part of the consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">77 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_306"></A>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_307"></A>Note 1: Business Developments and Risks and Uncertainties </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc., together with its consolidated subsidiaries,
(collectively, &#147;MBIA&#148; or the &#147;Company&#148;) operates within the financial guarantee insurance industry. MBIA manages three operating segments: 1) United States (&#147;U.S.&#148;) public finance insurance; 2) corporate; and 3)
international and structured finance insurance. The Company&#146;s U.S. public finance insurance business is primarily operated through National Public Finance Guarantee Corporation (&#147;National&#148;) and its international and structured finance
insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&#147;MBIA Corp.&#148;). Effective on January&nbsp;10, 2017, MBIA Corp.&#146;s wholly-owned subsidiary, MBIA UK (Holdings) Limited (&#147;MBIA UK
Holdings&#148;), sold its operating subsidiary, MBIA UK Insurance Limited (&#147;MBIA UK&#148;), to Assured Guaranty Corp. (&#147;Assured&#148;), a subsidiary of Assured Guaranty Ltd. Refer below for a further discussion of the sale of MBIA UK.
Unless otherwise indicated or the context otherwise requires, references to &#147;MBIA Corp.&#148; are (i)&nbsp;for any references relating&nbsp;to the period ended January&nbsp;10, 2017, to MBIA Insurance Corporation, together with its
subsidiaries, MBIA UK, and MBIA Mexico S.A. de C.V. (&#147;MBIA Mexico&#148;) and (ii)&nbsp;for any references relating&nbsp;to the period after January&nbsp;10, 2017, to MBIA Insurance Corporation together with MBIA Mexico. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 12: Business Segments&#148; for further information about the Company&#146;s operating segments. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Business Developments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Strength Ratings </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;26, 2017, Standard&nbsp;&amp; Poor&#146;s Financial Services LLC (&#147;S&amp;P&#148;) downgraded the financial strength rating of National from <FONT
STYLE="white-space:nowrap">AA-</FONT> with a stable outlook to A with a stable outlook. National&#146;s ability to write new business and to compete with other financial guarantors was largely dependent on the financial strength ratings assigned to
National by major rating agencies, and with the A rating assigned by S&amp;P, it would be difficult for National to compete with higher-rated competitors. Therefore, at that time, National ceased its efforts to actively pursue writing new financial
guarantee business. On November&nbsp;28, 2017, the Company provided notice to S&amp;P terminating the agreements by which S&amp;P agreed to provide financial strength ratings to MBIA Inc., National and MBIA Corp. On December&nbsp;1, 2017, S&amp;P
affirmed National&#146;s A with a stable outlook rating and subsequently withdrew all of its ratings. On September&nbsp;28, 2017, National provided notice to Kroll Bond Rating Agency (&#147;Kroll&#148;) terminating the agreement by which Kroll
agreed to provide a financial strength rating to National. On December&nbsp;5, 2017, Kroll downgraded the financial strength rating of National from AA+ to AA with a negative outlook and subsequently withdrew its rating. On September&nbsp;28, 2017,
the Company provided notice to Moody&#146;s Investors Services (&#147;Moody&#146;s&#148;) terminating the agreement by which Moody&#146;s agreed to provide financial strength ratings to MBIA Inc., National, MBIA Corp. and MBIA Mexico. On
January&nbsp;17, 2018, Moody&#146;s downgraded the financial strength rating of National to Baa2 from A3 with a stable outlook, affirmed the financial strength rating of MBIA Corp. at Caa1 with a developing outlook, downgraded MBIA Inc.&#146;s
rating to Ba3 with a stable outlook from Ba1 with a negative outlook, and affirmed the financial strength rating of MBIA Mexico at Caa1/B3.mx with a developing outlook. Moody&#146;s, at its discretion and in the absence of a contract with the
Company, continues to maintain ratings on MBIA Inc. and its subsidiaries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Full Valuation Allowance on the Company&#146;s Net Deferred Tax Asset </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, the Company had a full valuation allowance on its net deferred tax asset of $770&nbsp;million. Refer to &#147;Note 11: Income Taxes&#148;
for further information about this valuation allowance on the Company&#146;s net deferred tax asset. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Sale of MBIA UK </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;10, 2017, MBIA UK Holdings sold its operating subsidiary, MBIA UK, and made a cash payment of $23&nbsp;million, to Assured in exchange for the receipt by
MBIA UK Holdings of certain notes owned by Assured that were issued by Zohar II <FONT STYLE="white-space:nowrap">2005-1,</FONT> Limited (&#147;Zohar II&#148;) with an aggregate outstanding principal amount of $347&nbsp;million as of January&nbsp;10,
2017 (the &#147;Sale Transaction&#148;). In connection with the sale, the Company adjusted the carrying value of MBIA UK to its fair value less costs to sell and recorded a $278&nbsp;million loss in 2016. During 2017, the Company recorded a gain of
$5&nbsp;million to adjust the carrying value of MBIA UK to its fair value less costs to sell as of the sale date. These results were reflected in the Company&#146;s international and structured finance insurance segment and included in &#147;Other
net realized gains (losses)&#148; on the Company&#146;s consolidated statement of operations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">78 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 1: Business Developments and Risks and Uncertainties (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Held for Sale Classification </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The assets and liabilities of MBIA UK were classified as held for sale as of December&nbsp;31, 2016 and presented within &#147;Assets held for sale&#148; and
&#147;Liabilities held for sale&#148; on the Company&#146;s consolidated balance sheet. Income (loss) before income taxes for MBIA UK was income of $45&nbsp;million and a loss of $5&nbsp;million for the years ended December&nbsp;31, 2016 and 2015,
respectively. The following table summarizes the components of assets and liabilities held for sale as of December&nbsp;31, 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="17%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of<BR>December&nbsp;31,&nbsp;2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Premiums receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">267</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(270)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total assets held for sale</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">555</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">304</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities held for sale</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">346</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. Financing Facility </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On
January&nbsp;10, 2017, MBIA Corp. executed a financing facility (the &#147;Facility&#148;) with affiliates of certain holders of 14% <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Surplus Notes
of MBIA Corp. (collectively, the &#147;Senior Lenders&#148;), and with MBIA Inc., pursuant to which the Senior Lenders have provided $325&nbsp;million of senior financing and MBIA Inc. has provided $38&nbsp;million of subordinated financing to MZ
Funding LLC (&#147;MZ Funding&#148;), a newly formed wholly-owned subsidiary of the Company, which in turn lent the proceeds of such financing to MBIA Corp. MBIA Corp. issued financial guarantee insurance policies insuring MZ Funding&#146;s
obligations under the Facility. Refer to &#147;Note 10: Debt&#148; for further information about the Facility. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Risks and Uncertainties </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of
certain significant risks and uncertainties could cause the Company to revise its estimates and assumptions or could cause actual results to differ from the Company&#146;s estimates. The discussion below highlights the significant risks and
uncertainties that could have a material effect on the Company&#146;s financial statements and business objectives in future periods. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>U.S. Public Finance Market
Conditions </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National continues to surveil and remediate its existing insured portfolio and will seek opportunities to enhance shareholder value using its strong
financial resources, while protecting the interests of all of its policyholders. Certain state and local governments and territory obligors that National insures remain under financial and budgetary stress. This could lead to an increase in defaults
by such entities on the payment of their obligations and losses or impairments on a greater number of the Company&#146;s insured transactions. National monitors and analyzes these situations and other stressed credits closely, and the overall extent
and duration of this stress is uncertain. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">79 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 1: Business Developments and Risks and Uncertainties (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In particular, the Commonwealth of Puerto Rico and certain of its instrumentalities (&#147;Puerto Rico&#148;) are
experiencing significant fiscal stress and constrained liquidity due to, among other things, Puerto Rico&#146;s structural budget imbalance, the lack of access to the capital markets, a stagnating local economy, net migration of people out of Puerto
Rico and a high debt burden. Although Puerto Rico has tried to address its challenges through various fiscal policies, it continues to experience significant fiscal stress. Puerto Rico defaulted on scheduled debt service for National insured bonds
and National paid gross claims in the aggregate of $242&nbsp;million during 2017. On January&nbsp;1, 2018, Puerto Rico also defaulted on scheduled debt service for National insured bonds and National paid gross claims in the aggregate of
$69&nbsp;million. On September&nbsp;20, 2017, Hurricane Maria made landfall in Puerto Rico as a Category 4 hurricane resulting in catastrophic damage to much of the island&#146;s basic infrastructure, including its electrical transmission and
distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September&nbsp;21, 2017, the President of the United States approved a Major Disaster Declaration for Puerto Rico and the Federal Emergency
Management Agency (&#147;FEMA&#148;) made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&#146;s impact on Puerto Rico will likely also impact its ability to both repay its legacy indebtedness
and participate in ongoing debt restructuring negotiations. The physical damage and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private insurance, relief from FEMA and other federal agencies and programs.
Economic activity in Puerto Rico may not return to <FONT STYLE="white-space:nowrap">pre-hurricane</FONT> levels and Puerto Rico&#146;s recovery could be more shallow and protracted than that experienced by other similarly affected governments, given
Puerto Rico&#146;s prior constrained liquidity and economic activity. While the federal government has made aid available to Puerto Rico, there can be no assurance that such aid will continue in the amounts necessary to offset the adverse impacts
from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal government, through its actions to deliver disaster relief and other support services, in addition to the evolving role of the Financial
Oversight and Management Board for Puerto Rico (&#147;Oversight Board&#148;) and the role of Puerto Rico in its own recovery, heightens political risk in connection with the restructuring of legacy debt. This risk could lead the Oversight Board,
Puerto Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&#146;s long term recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase
materially. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Corp. Insured Portfolio </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp.&#146;s primary
objectives are to satisfy claims of its policyholders, maximize future recoveries, if any, for its Senior Lenders and surplus note holders and, then its preferred stock holders. MBIA Corp. is executing this strategy by pursuing various actions
focused on maximizing the collection of recoveries and by reducing potential losses on its insurance exposures. MBIA Corp.&#146;s insured portfolio could deteriorate and result in additional significant loss reserves and claim payments. MBIA
Corp.&#146;s ability to meet its obligations is limited by available liquidity and its ability to secure additional liquidity through financing and other transactions. There can be no assurance that MBIA Corp. will be successful in generating
sufficient cash to meet its obligations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On January&nbsp;20, 2017, MBIA Corp. was presented with and fully satisfied a claim of $770&nbsp;million (the &#147;Zohar
II Claim&#148;) on an insurance policy it had written insuring the certain notes issued by Zohar II. MBIA Corp. was able to satisfy the Zohar II Claim as a result of having completed the Sale Transaction and by borrowing from the Facility, as
described above, together with using approximately $60&nbsp;million from its own resources. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Failure to recover a substantial amount of such payments could impede
its ability to make payments when due on other policies. MBIA Corp. believes that if the New York State Department of Financial Services (&#147;NYSDFS&#148;) concludes at any time that MBIA Insurance Corporation will not be able to pay its
policyholder claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Article 74 of the New York Insurance Law (&#147;NYIL&#148;) and/or take such other actions as the NYSDFS may deem
necessary to protect the interests of MBIA Insurance Corporation&#146;s policyholders. The determination to commence such a proceeding or take other such actions is within the exclusive control of the NYSDFS. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">80 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 1: Business Developments and Risks and Uncertainties (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Given the separation of MBIA Inc. and MBIA Corp. as distinct legal entities, the absence of any cross defaults between
the entities and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of dividends, the Company does not believe that a rehabilitation or liquidation proceeding with respect to MBIA Insurance Corporation would have any significant
liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA Mexico. Such a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&#147;CDS&#148;) and
other derivative contracts for which counterparties may assert market-based claims, the acceleration of debt obligations issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation to a rehabilitator or
liquidator, and unplanned costs. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Zohar and RMBS Recoveries </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Payment of a
claim in November of 2015 on MBIA Corp.&#146;s policy insuring the class <FONT STYLE="white-space:nowrap">A-1</FONT> and <FONT STYLE="white-space:nowrap">A-2</FONT> notes issued by Zohar CDO <FONT STYLE="white-space:nowrap">2003-1,</FONT> Limited
(&#147;Zohar I&#148;) and satisfying the Zohar II Claim in 2017, entitles MBIA Corp. to reimbursement of such amounts plus interest and expenses and/or to exercise certain rights and remedies to seek recovery of such amounts. However, there can be
no assurance that the value of the Zohar assets will be sufficient to permit MBIA Corp. to recover all or substantially all of the payments it made on Zohar I and Zohar II. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The amount and timing of projected collections from excess spread and subsequent recoveries from residential mortgage-backed securities (&#147;RMBS&#148;) and the <FONT
STYLE="white-space:nowrap">put-back</FONT> recoverable from Credit Suisse are uncertain. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 6: Loss and Loss Adjustment Expense Reserves&#148; for
additional information about MBIA Corp.&#146;s recoveries. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Corporate Liquidity </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Based on the Company&#146;s projections of National&#146;s dividends, additional anticipated releases under its tax sharing agreement and related tax escrow account
(&#147;Tax Escrow Account&#148;), and other cash inflows, the Company expects that MBIA Inc. will have sufficient cash to satisfy its debt service and general corporate needs. However, MBIA Inc. continues to have liquidity risk which could be
triggered by deterioration in the performance of invested assets, interruption of or reduction in dividends or tax payments received from operating subsidiaries, impaired access to the capital markets, as well as other factors which are not
anticipated at this time. Furthermore, failure by MBIA Inc. to settle liabilities that are also insured by MBIA Corp. could result in claims on MBIA Corp. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_308">
</A>Note 2: Significant Accounting Policies </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Basis of Presentation </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#147;GAAP&#148;).
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the
financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded
estimates are revised and reflected in operating results. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain amounts have been reclassified in prior years&#146; financial statements to conform to the
current presentation. This includes a change in the presentation of cash paid when withholding shares for <FONT STYLE="white-space:nowrap">tax-withholding</FONT> purposes in &#147;Purchases of treasury stock&#148; on the Company&#146;s consolidated
statement of cash flows as required under Accounting Standards Update (&#147;ASU&#148;) <FONT STYLE="white-space:nowrap">2016-09,</FONT> &#147;Compensation-Stock Compensation (Topic 718)&#148;. The change in presentation effected &#147;Operating and
employee related expenses paid&#148;, in operating cash flows and &#147;Purchases of treasury stock&#148;, in financing cash flows, on the Company&#146;s consolidated statement of cash flows in prior periods. Such reclassifications did not
materially impact on total revenues, expenses, assets, liabilities, shareholders&#146; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">81 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company has a controlling financial interest. All intercompany balances and transactions have been eliminated. The
Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a variable interest entity (&#147;VIE&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Voting interest entities are entities in which (i)&nbsp;the total equity investment at risk is sufficient to enable an entity to finance its activities independently
and (ii)&nbsp;the equity holders have the obligation to absorb losses, the right to receive residual returns and the right to make decisions about the entity&#146;s activities. Voting interest entities are consolidated when the Company has a
majority voting interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIEs are entities that lack one or more of the characteristics of a voting interest entity. The consolidation of a VIE is required if an
entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest or interests give it a controlling financial interest in the VIE. A
controlling financial interest is present when an enterprise has both (a)&nbsp;the power to direct the activities of a VIE that most significantly impact the entity&#146;s economic performance and (b)&nbsp;the obligation to absorb losses or the
right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. The Company consolidates all VIEs in
which it is the primary beneficiary. The Company elected to apply the fair value option to all financial assets and financial liabilities of certain consolidated VIEs on a
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">VIE-by-VIE</FONT></FONT> basis. Refer to &#147;Note 4: Variable Interest Entities&#148; for additional information. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company classifies its investments as <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> (&#147;AFS&#148;), <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT> (&#147;HTM&#148;), or trading. AFS
investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net of applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) (&#147;AOCI&#148;) in shareholders&#146;
equity. Investments carried at fair value are reported in the consolidated balance sheets at fair value and changes in fair value and realized gains and losses from the sale of these securities are reflected in earnings as part of &#147;Net gains
(losses) on financial instruments at fair value and foreign exchange.&#148; Investments carried at fair value consist of certain investments elected under the fair value option. Short-term investments held as AFS include all fixed-maturity
securities with a remaining maturity of less than one year at the date of purchase, commercial paper and money market securities. HTM investments are reported in the consolidated balance sheets at amortized cost. Debt securities are classified as
HTM investments when the Company has the ability and intent to hold such investments to maturity. Investment income is recorded as earned. Bond discounts and premiums are amortized using the effective yield method over the remaining term of the
securities and reported in &#147;Net investment income.&#148; For mortgage-backed securities (&#147;MBS&#148;) and asset-backed securities (&#147;ABS&#148;), discounts and premiums are amortized using the retrospective method. Realized gains and
losses represent the difference between the amortized cost value and the sale proceeds. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other-Than-Temporary Impairments on Investments </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s consolidated statements of operations reflect the full impairment (the difference between a security&#146;s amortized cost basis and fair value) on
debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery of the amortized cost basis. For AFS and HTM debt securities that management has no intent to sell and believes that it
is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss component of the impairment is recognized in earnings. For AFS securities, the remaining fair value loss is recognized in AOCI, net of
applicable deferred income taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">82 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s AFS and HTM securities for which the fair value is less than amortized cost are reviewed no less
than quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors,
including but not limited to (a)&nbsp;the magnitude and duration of the decline, (b)&nbsp;credit indicators and&nbsp;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific
changes in credit spreads, and the financial condition of the issuer, and (c)&nbsp;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for ABS and collateralized debt
obligations (&#147;CDOs&#148;) are assessed using discounted cash flow modeling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Cash and Cash Equivalents </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Cash and cash equivalents include cash on
hand, demand deposits, and deposits with banks with original maturities of less than three months. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Acquisition Costs </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company capitalizes and defers acquisition costs that are directly related to the successful acquisition of new or renewal insurance business. Acquisition costs are
costs to acquire an insurance contract which result directly from and are essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition costs include
compensation of employees involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. Acquisition costs also include ceding
commissions paid by the Company in connection with assuming business from other financial guarantors. Acquisition costs, net of ceding commissions received, related to <FONT STYLE="white-space:nowrap">non-derivative</FONT> insured financial
guarantee transactions are deferred and amortized over the period in which the related premiums are earned. Acquisition costs related to insured derivative transactions are expensed as incurred. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Derivatives </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Derivative instruments are reported at fair value on the
consolidated balance sheets as either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated statements of operations as &#147;Net gains (losses) on financial
instruments at fair value and foreign exchange&#148; or &#147;Unrealized gains (losses) on insured derivatives&#148; depending on the nature of the derivative. The net change in the fair value of the Company&#146;s insured derivatives has two
primary components: (i)&nbsp;realized gains (losses) and other settlements on insured derivatives and (ii)&nbsp;unrealized gains (losses) on insured derivatives. &#147;Realized gains (losses) and other settlements on insured derivatives&#148;
include (i)&nbsp;premiums received and receivable on sold CDS contracts, (ii)&nbsp;premiums paid and payable to reinsurers in respect to CDS contracts, (iii)&nbsp;net amounts received or paid on reinsurance commutations, (iv)&nbsp;losses paid and
payable to CDS contract counterparties due to the occurrence of a credit event or settlement agreement, (v)&nbsp;losses recovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and
(vi)&nbsp;fees relating to CDS contracts. &#147;Unrealized gains (losses) on insured derivatives&#148; includes all other changes in fair value of the insured derivative contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host contract and accounted for as
derivative instruments. In addition, the Company elected to record at fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a derivative
instrument. These hybrid financial instruments included certain medium-term notes (&#147;MTNs&#148;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of bifurcating the embedded
derivatives. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 9: Derivative Instruments&#148; for a further discussion of the Company&#146;s use of derivatives and their impact on the
Company&#146;s consolidated financial statements and &#147;Note 7: Fair Value of Financial Instruments&#148; for derivative valuation techniques and fair value disclosures. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">83 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurements&#151;Definition and Hierarchy </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company carries certain financial instruments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a
liability in an orderly transaction between market participants at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available.
Market data is obtained from a variety of third-party sources, including dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes
for similar instruments or pricing models that use market data inputs. The use of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may
produce materially different fair values. The Company considers its own nonperformance risk and the nonperformance risk of its counterparties when measuring fair value. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The accounting guidance establishes a fair value hierarchy that categorizes into three levels, the inputs used to measure fair value that maximizes the use of
observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing the asset
or liability based on available market data. Unobservable inputs are those that reflect the Company&#146;s beliefs about the assumptions market participants would use in pricing the asset or liability based on the best information available. The
three levels of the fair value hierarchy are defined as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 1&#151;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an
active market, with significant trading volumes. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 2&#151;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level&nbsp;2 assets include debt securities with quoted
prices that are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or
can be derived principally from or corroborated by observable market data. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Level 3&#151;Valuations based on inputs that are unobservable or supported by little or no market activity, and that are significant to the overall fair value measurement. Level&nbsp;3 assets and liabilities include
financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires
significant management judgment or estimation. </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The availability of observable inputs can vary from financial instrument to financial instrument and
period to period depending on the type of instrument, market activity, the approach used to measure fair value, and other factors. The Company categorizes a financial instrument within the fair value hierarchy based on the least observable input
that is significant to the fair value measurement. When the inputs used to measure fair value of an asset or a liability are categorized within different levels based on the definition of the fair value hierarchy, the fair value measurement is
categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire measurement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to
&#147;Note 7: Fair Value of Financial Instruments&#148; for additional fair value disclosures. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">84 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and Loss Adjustment Expenses </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes loss reserves on a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">contract-by-contract</FONT></FONT> basis when the present
value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A loss reserve is subsequently remeasured each reporting period for expected
increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the loss reserves are recognized as loss expense in the period of change. Measurement and recognition of loss
reserves are reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on information available as of the measurement date,
including market information. Accretion of the discount on a loss reserve is included in loss expense. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes potential recoveries on paid claims
based on probability-weighted net cash inflows present valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &#147;Insurance loss recoverable&#148; on the Company&#146;s consolidated balance sheets. To the
extent the Company had recorded potential recoveries in its loss reserves previous to a claim payment, such recoveries are reclassified to &#147;Insurance loss recoverable&#148; upon payment of the related claim and remeasured each reporting period.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s loss reserve, insurance loss recoverable, and accruals for loss adjustment expense (&#147;LAE&#148;) incurred are disclosed in &#147;Note 6:
Loss and Loss Adjustment Expense Reserves.&#148; </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Long-term Debt </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Long-term debt is carried at the principal amount outstanding plus accrued interest and net of unamortized debt issuance costs and discounts. Interest expense is accrued
at the contractual interest rate. Debt issuance costs and discounts are amortized and reported as interest expense. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Medium-Term Notes and Investment
Agreements </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MTNs and investment agreements are carried at the principal amount outstanding plus accrued interest and net of unamortized discounts or at fair
value for certain MTNs. Interest expense is accrued at the contractual interest rate. Discounts are amortized and reported as interest expense. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial
Guarantee Insurance Premiums </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Unearned Premium Revenue and Receivable for Future Premiums </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">contract-by-contract</FONT></FONT> basis. Unearned premium revenue recognized at inception of a contract is measured at the present value of the premium due. For most financial guarantee
insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certain other financial guarantee contracts, the Company receives premiums in
installments over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at the present value of premiums expected to be collected over the
contract period or expected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums for contracts where (a)&nbsp;the insured obligation is
contractually prepayable, (b)&nbsp;prepayments are probable, (c)&nbsp;the amount and timing of prepayments are reasonably estimable, and (d)&nbsp;a homogenous pool of assets is the underlying collateral for the insured obligation. The Company has
determined that substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Company reports the
accretion of the discount on installment premiums receivable as premium revenue and discloses the amount recognized in &#147;Note 5: Insurance Premiums.&#148; The Company assesses the receivable for future premiums for collectability each reporting
period, adjusts the receivable for uncollectible amounts and recognizes any <FONT STYLE="white-space:nowrap">write-off</FONT> as operating expense, and discloses the amount recognized in &#147;Note 5: Insurance Premiums.&#148; As premium revenue is
recognized, the unearned premium revenue liability is reduced. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">85 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Premium Revenue Recognition </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes and measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is
measured by applying a constant rate to the insured principal amount outstanding in a given period to recognize a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for
each respective financial guarantee insurance contract is calculated as the ratio of (a)&nbsp;the present value of premium received or expected to be received over the period of the contract to (b)&nbsp;the sum of all insured principal amounts
outstanding during each period over the term of the contract. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">An issuer of an insured financial obligation may retire the obligation prior to its scheduled
maturity through refinancing or legal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&#146;s obligation being extinguished under the financial guarantee contract. The Company recognizes any
remaining unearned premium revenue on the insured obligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-refundable</FONT> commitment fees are considered insurance premiums and are initially recorded under unearned premium revenue in
the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium written and earned using the constant rate method. If the commitment agreement expires
before the related financial guarantee is issued, the <FONT STYLE="white-space:nowrap">non-refundable</FONT> commitment fee is immediately recognized as premium written and earned at that time. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fee and Reimbursement Revenue Recognition </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company collects
insurance related fees for services performed in connection with certain transactions. Depending upon the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over
the life of the related transaction. Work, waiver and consent, and termination fees are earned when the related services are completed and the fee is received. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Stock-Based Compensation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes in earnings all
stock-based payment transactions at the fair value of the stock-based compensation provided. Refer to &#147;Note 16: Long-term Incentive Plans&#148; for a further discussion regarding the methodology utilized in recognizing employee stock
compensation expense. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Foreign Currency Translation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial
statement assets and liabilities denominated in foreign currencies are reported in U.S. dollars generally using rates of exchange prevailing as of the balance sheet date and any related translation adjustments resulting from the translation of the
financial statements of the Company&#146;s <FONT STYLE="white-space:nowrap">non-U.S.</FONT> operations from its functional currency into U.S. dollars are included in &#147;Accumulated other comprehensive income (loss)&#148; in shareholders&#146;
equity. Operating results of the Company&#146;s <FONT STYLE="white-space:nowrap">non-U.S.</FONT> operations are translated at average rates of exchange prevailing during the year. Foreign currency remeasurement gains and losses resulting from
transactions in <FONT STYLE="white-space:nowrap">non-functional</FONT> currencies are recorded in earnings. The Company derecognizes the cumulative translation adjustment reported in &#147;Accumulated other comprehensive income (loss)&#148; and
includes the amount as part of the gain or loss on the sale or liquidation of its investment in a foreign entity in the period in which the sale or liquidation occurs. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">86 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 2: Significant Accounting Policies (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Income Taxes </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Deferred income taxes are recorded with respect to loss carryforwards and temporary differences between the tax bases of assets and liabilities and the reported amounts
in the Company&#146;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. Such temporary differences relate principally to net operating
losses, accrued surplus note interest, loss reserve deductions, premium revenue recognition, deferred acquisition costs, asset impairments net foreign tax credits. Valuation allowances are established to reduce deferred tax assets to the amount that
more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant authority. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On December&nbsp;22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No.&nbsp;118 (&#147;SAB 118&#148;) to address the application
of U.S. GAAP in situations when a registrant does not have the necessary information available in reasonable detail to complete the accounting for certain income tax effects of the Tax Cuts and Jobs Act (the &#147;Act&#148;).&nbsp;Pursuant to the
guidance within SAB 118, the Company&#146;s remeasurement of its deferred taxes included certain provisional effects associated with enactment of the Act for which measurement could be reasonably estimated. SAB 118&nbsp;provides a measurement period
that should not extend beyond one year from the Act enactment date for&nbsp;companies to complete the accounting under Accounting Standards Codification (&#147;ASC&#148;) 740.&nbsp;If a company cannot determine&nbsp;a provisional estimate to be
included in the financial statements, it should continue to apply ASC 740 on the basis of&nbsp;the provisions of the tax laws that were in effect immediately before the enactment of the Act.&nbsp;Additional information that may affect the
provisional amounts would include completion of the Company&#146;s 2017 tax return filing, and potential future guidance from the Internal Revenue Service. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA
Inc. and its eligible U.S. subsidiaries file a consolidated federal income tax return. The U.S. income taxes are allocated based on the provisions of the&nbsp;Company&#146;s tax sharing agreement which governs the intercompany settlement of tax
obligations and benefits. The method of allocation between the members is generally based upon calculations as if each member filed a separate tax return on its own. Under the Company&#146;s tax sharing agreement, each member with a net operating
loss (&#147;NOL&#148;) will receive the benefits of its tax losses and credits as it is able to earn them out in the future. Given present facts and circumstances, the Company no longer anticipates providing compensation to any member for expiring
NOLs, capital losses or tax credit carryforwards. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In establishing a liability for an unrecognized tax benefit (&#147;UTB&#148;), assumptions may be made in
determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to be realized. A tax position is recognized only when, based on
management&#146;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is based on the Company&#146;s assessment of the
largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled through negotiation with the taxing
authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the amount previously
recognized, the Company recognizes an adjustment of the UTB. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Refer to &#147;Note 11: Income Taxes&#148; for additional information about the Company&#146;s income
taxes. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">87 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_309"></A>Note 3: Recent Accounting Pronouncements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Recently Adopted Accounting Standards </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has not adopted any
new accounting pronouncements that had a material impact on its consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Recent Accounting Developments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Revenue from Contracts with Customers (Topic 606) (ASU <FONT STYLE="white-space:nowrap">2014-09)</FONT></I> and <I>Deferral of the Effective Date</I> <I>(ASU <FONT
STYLE="white-space:nowrap">2015-14)</FONT></I> </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In May of 2014, the Financial Accounting Standards Board (&#147;FASB&#148;) issued ASU
<FONT STYLE="white-space:nowrap">2014-09,</FONT> &#147;Revenue from Contracts with Customers (Topic 606).&#148; ASU <FONT STYLE="white-space:nowrap">2014-09</FONT> amends the accounting guidance for recognizing revenue for the transfer of goods or
services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU <FONT STYLE="white-space:nowrap">2014-09</FONT> does not apply to financial guarantee insurance contracts within the scope of Topic
944, &#147;Financial Services &#151; Insurance.&#148; ASU <FONT STYLE="white-space:nowrap">2014-09</FONT> applies to certain fees and reimbursements, and is not expected to materially impact revenue recognition of these fees and reimbursements. In
August of 2015, the FASB issued ASU <FONT STYLE="white-space:nowrap">2015-14,</FONT> &#147;Revenue from Contracts with Customers (Topic 606)&#151;Deferral of the Effective Date.&#148; ASU <FONT STYLE="white-space:nowrap">2015-14</FONT> defers the
effective date of ASU <FONT STYLE="white-space:nowrap">2014-09</FONT> to interim and annual periods beginning January&nbsp;1, 2018, and is applied on a retrospective or modified retrospective basis. The adoption of ASU
<FONT STYLE="white-space:nowrap">2014-09</FONT> is not expected to materially impact the Company&#146;s consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial
Instruments-Overall (Subtopic <FONT STYLE="white-space:nowrap">825-10):</FONT> Recognition and Measurement of Financial Assets and Financial Liabilities (ASU <FONT STYLE="white-space:nowrap">2016-01)</FONT> </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In January of 2016, the FASB issued ASU <FONT STYLE="white-space:nowrap">2016-01,</FONT> &#147;Financial Instruments-Overall (Subtopic
<FONT STYLE="white-space:nowrap">825-10):</FONT> Recognition and Measurement of Financial Assets and Financial Liabilities.&#148; ASU <FONT STYLE="white-space:nowrap">2016-01</FONT> requires certain equity investments other than those accounted for
under the equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do not have readily
determinable fair values at cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to AFS debt securities
in combination with the entity&#146;s other deferred tax assets. ASU <FONT STYLE="white-space:nowrap">2016-01</FONT> requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a
liability that results from a change in the instrument-specific credit risk for financial liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU <FONT
STYLE="white-space:nowrap">2016-01</FONT> is effective for interim and annual periods beginning January&nbsp;1, 2018, and is applied on a modified retrospective basis. Early adoption is not permitted with the exception of early application of the
guidance that requires separate presentation in other comprehensive income of the change in the instrument-specific credit risk for financial liabilities measured at fair value in accordance with the fair value option. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Based on the fair values as of December&nbsp;31, 2017 of financial liabilities measured at fair value in accordance with the fair value option, the cumulative-effect
adjustment, net of tax, related to the instrument-specific credit risk portion of such financial liabilities was a loss of approximately $162&nbsp;million, which represents the amount that would have been reclassed from retained earnings to AOCI had
the Company adopted ASU <FONT STYLE="white-space:nowrap">2016-01</FONT> on December&nbsp;31, 2017. Based on fair values as of December&nbsp;31, 2017 of equity investments, the cumulative-effect adjustment, net of tax, related to net unrealized gains
of such investments was approximately $2&nbsp;million, which represents the amount that would have been reclassed from AOCI to retained earnings had the Company adopted ASU <FONT STYLE="white-space:nowrap">2016-01</FONT> on December&nbsp;31, 2017.
As of December&nbsp;31, 2017, the Company had a full valuation allowance against its deferred tax asset. Refer to &#147;Note 11: Income Taxes&#148; for further information about this valuation allowance on the Company&#146;s deferred tax asset. The
Company plans to adopt ASU <FONT STYLE="white-space:nowrap">2016-01</FONT> in its entirety in the first quarter of 2018. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">88 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 3: Recent Accounting Pronouncements (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Leases (Topic 842) (ASU <FONT STYLE="white-space:nowrap">2016-02)</FONT> </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In February of 2016, the FASB issued ASU <FONT STYLE="white-space:nowrap">2016-02,</FONT> &#147;Leases (Topic 842)&#148;, that amends the accounting guidance for leasing
transactions. ASU <FONT STYLE="white-space:nowrap">2016-02</FONT> requires a lessee to classify lease contracts as finance or operating leases, and to recognize assets and liabilities for the rights and obligations created by leasing transactions
with lease terms more than twelve months. ASU <FONT STYLE="white-space:nowrap">2016-02</FONT> substantially retains the criteria for classifying leasing transactions as finance or operating leases. For finance leases, a lessee recognizes a <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT> asset and a lease liability initially measured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from
the amortization of the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT> asset. For operating leases, a lessee recognizes a
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">right-of-use</FONT></FONT> asset and a lease liability initially measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU <FONT
STYLE="white-space:nowrap">2016-02</FONT> is effective for interim and annual periods beginning January&nbsp;1, 2019 with early adoption permitted, and is applied on a modified retrospective basis. The adoption of ASU
<FONT STYLE="white-space:nowrap">2016-02</FONT> is not expected to materially impact the Company&#146;s consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial
Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU <FONT STYLE="white-space:nowrap">2016-13)</FONT> </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In June of
2016, the FASB issued ASU <FONT STYLE="white-space:nowrap">2016-13,</FONT> &#147;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.&#148; ASU <FONT STYLE="white-space:nowrap">2016-13</FONT>
requires financing receivables and other financial assets measured at amortized cost to be presented at the net amount expected to be collected by recording an allowance for credit losses with changes in the allowance recorded as credit loss expense
or reversal of credit loss expense based on management&#146;s current estimate of expected credit losses each period. ASU <FONT STYLE="white-space:nowrap">2016-13</FONT> does not apply to credit losses on financial guarantee insurance contracts
within the scope of Topic 944, &#147;Financial Services-Insurance.&#148; ASU <FONT STYLE="white-space:nowrap">2016-13</FONT> also requires impairment relating to credit losses on AFS debt securities to be presented through an allowance for credit
losses with changes in the allowance recorded in the period of the change as credit loss expense or reversal of credit loss expense. Any impairment amount not recorded through an allowance for credit losses on AFS debt securities is recorded through
other comprehensive income. ASU <FONT STYLE="white-space:nowrap">2016-13</FONT> is effective for interim and annual periods beginning January&nbsp;1, 2020 with early adoption permitted beginning January&nbsp;1, 2019. ASU <FONT
STYLE="white-space:nowrap">2016-13</FONT> is applied on a modified retrospective basis except that prospective application is applied to AFS debt securities with other-than-temporary impairments (&#147;OTTI&#148;) recognized before the date of
adoption. The Company is evaluating the impact of adopting ASU <FONT STYLE="white-space:nowrap">2016-13.</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Income Statement &#150; Reporting Comprehensive
Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU <FONT STYLE="white-space:nowrap">2018-02)</FONT> </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
February of 2018, the FASB issued ASU <FONT STYLE="white-space:nowrap">2018-02,</FONT> &#147;Income Statement &#150; Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive
Income.&#148; ASU <FONT STYLE="white-space:nowrap">2018-02</FONT> permits, but does not require, the reclassification of the income tax effects of the Act from AOCI to retained earnings. The election to reclassify the income tax effects from the Act
applies to all items within AOCI. ASU <FONT STYLE="white-space:nowrap">2018-02</FONT> is effective for interim and annual periods beginning after December&nbsp;15, 2018. Early adoption of ASU <FONT STYLE="white-space:nowrap">2018-02</FONT> is
permitted and is applied in the period of adoption or retroactively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Act is recognized. The Company is evaluating the impact of adopting ASU <FONT
STYLE="white-space:nowrap">2018-02.</FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">89 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_310"></A>Note 4: Variable Interest Entities </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Through MBIA&#146;s international and structured finance insurance segment, the Company provides credit protection to issuers of obligations that may involve
issuer-sponsored special purpose entities (&#147;SPEs&#148;). An SPE may be considered a VIE to the extent the SPE&#146;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial
support or its equity investors lack any one of the following characteristics: (i)&nbsp;the power to direct the activities of the SPE that most significantly impact the entity&#146;s economic performance or (ii)&nbsp;the obligation to absorb the
expected losses of the entity or the right to receive the expected residual returns of the entity. A holder of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to
consolidate the entity as primary beneficiary. An assessment of a controlling financial interest identifies the primary beneficiary as the variable interest holder that has both of the following characteristics: (i)&nbsp;the power to direct the
activities of the VIE that most significantly impact the entity&#146;s economic performance and (ii)&nbsp;the obligation to absorb losses of the entity or the right to receive benefits from the entity that could potentially be significant to the
VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required to be performed based on any substantive changes in facts and circumstances involving the VIE and its variable
interests. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial determination if
certain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financial
interest. Based on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company makes its determination for consolidation based on a qualitative assessment of the purpose and design of a VIE, the terms and characteristics of variable
interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligations issued by VIEs, and holds certain contractual rights according to
the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain contingent events, and these activities may be considered the
activities of a VIE that most significantly impact the entity&#146;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonperformance by a VIE, to be an obligation to
absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic performance of the entity based on
facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financial interest that may
result in consolidation or deconsolidation of any VIE. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">90 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 4: Variable Interest Entities (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Nonconsolidated VIEs </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the total assets of nonconsolidated VIEs in which the Company holds a variable interest as of December&nbsp;31, 2017 and 2016, through its
insurance operations. The following tables also present the Company&#146;s maximum exposure to loss for nonconsolidated VIEs and carrying values of the assets and liabilities for its interests in these VIEs as of December&nbsp;31, 2017 and 2016. The
Company has aggregated nonconsolidated VIEs based on the underlying credit exposure of the insured obligation. The nature of the Company&#146;s variable interests in nonconsolidated VIEs is related to financial guarantees, CDS contracts and any
investments in obligations issued by nonconsolidated VIEs. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying Value of Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying&nbsp;Value&nbsp;of&nbsp;Liabilities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>VIE<BR>Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum<BR>Exposure<BR>to Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>Loss<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium<BR>Revenue<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and<BR>Loss<BR>Adjustment<BR>Expense<BR>Reserves<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,295</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,741</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">396</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">216</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,010</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">981</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,418</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,645</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14,939</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,461</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public finance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15,568</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,524</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30,507</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,985</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Investments&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Premiums receivable&#148; on MBIA&#146;s consolidated
balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Insurance loss recoverable&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Reported within &#147;Unearned premium revenue&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Reported within &#147;Loss and loss adjustment expense reserves&#148; on MBIA&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">91 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 4: Variable Interest Entities (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying&nbsp;Value&nbsp;of&nbsp;Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carrying&nbsp;Value&nbsp;of&nbsp;Liabilities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>VIE<BR>Assets</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Maximum<BR>Exposure<BR>to Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Investments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>Loss<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium<BR>Revenue<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss and<BR>Loss<BR>Adjustment<BR>Expense<BR>Reserves<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insurance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,167</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,914</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9,146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,796</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">304</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,893</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,331</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,625</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20,088</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10,391</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public finance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44,306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12,051</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total insurance</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">64,394</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22,442</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Reported
within &#147;Investments&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Premiums receivable&#148; on MBIA&#146;s consolidated
balance sheets. Excludes $125&nbsp;million that is included within &#147;Assets held for sale&#148; on the Company&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Reported within &#147;Insurance loss recoverable&#148; on MBIA&#146;s consolidated balance sheets. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Reported within &#147;Unearned premium revenue&#148; on MBIA&#146;s consolidated balance sheets. Excludes $134&nbsp;million that is included within
&#147;Liabilities held for sale&#148; on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Reported within &#147;Loss and loss adjustment expense
reserves&#148; on MBIA&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The maximum exposure to loss as a result of MBIA&#146;s variable interests in VIEs is represented by
insurance in force. Insurance in force is the maximum future payments of principal and interest which may be required under commitments to make payments on insured obligations issued by nonconsolidated VIEs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Consolidated VIEs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying amounts of assets and liabilities of
consolidated VIEs were $3.2&nbsp;billion and $2.3&nbsp;billion, respectively, as of December&nbsp;31, 2017, and $2.7&nbsp;billion and $2.2&nbsp;billion, respectively, as of December&nbsp;31, 2016. The carrying amounts of assets and liabilities are
presented separately in &#147;Assets of consolidated variable interest entities&#148; and &#147;Liabilities of consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. VIEs are consolidated or deconsolidated
based on an ongoing reassessment of controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise rights that constitute power to direct activities of any VIEs are present according to the design and
characteristics of these entities. Two additional VIEs were consolidated during the year ended December&nbsp;31, 2017 and one additional VIE was consolidated during the year ended December&nbsp;31, 2016. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Holders of insured obligations of issuer-sponsored VIEs related to the Company&#146;s international and structured finance insurance segment do not have recourse to the
general assets of MBIA. In the event of nonpayment of an insured obligation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&#146;s exposure to
consolidated VIEs is limited to the credit protection provided on insured obligations and any additional variable interests held by MBIA. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">92 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_311"></A>Note 5: Insurance Premiums </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes and measures premiums related to financial guarantee <FONT STYLE="white-space:nowrap">(non-derivative)</FONT> insurance and reinsurance contracts
in accordance with the accounting principles for financial guarantee insurance contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016, premiums receivable was
$369&nbsp;million and $409&nbsp;million, respectively, primarily related to installment policies for which premiums will be collected over the estimated term of the contracts. Premiums receivable for an installment policy is initially measured at
the present value of premiums expected to be collected over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expected period of risk due to expected prepayments are
adjusted in subsequent measurement periods when prepayment assumptions change using the risk-free discount rate as of the remeasurement date. Premiums receivable also includes the current amount of premiums due from installment policies insuring
consolidated VIEs when the premiums are payable by third-parties on behalf of the consolidated VIEs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company evaluates whether any premiums receivable are
uncollectible at each balance sheet date. If the Company determines that premiums are uncollectible, it records a <FONT STYLE="white-space:nowrap">write-off</FONT> of such amounts in current earnings. The majority of the Company&#146;s premiums
receivable consists of the present values of future installment premiums that are not yet billed or due, primarily from structured finance transactions. Given that premiums due to MBIA typically have priority over most other payment obligations of
structured finance transactions, the Company determined that the amount of uncollectible premiums as of December&nbsp;31, 2017 and 2016 was insignificant. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
December&nbsp;31, 2017 and 2016, the risk-free rate used to discount future installment premiums was 2.8%, and the weighted average expected collection term of the premiums receivable was 9.45 years and 10.07 years, respectively. As of
December&nbsp;31, 2017 and 2016, reinsurance premiums payable was $25&nbsp;million and $26&nbsp;million, respectively, and is included in &#147;Other liabilities&#148; in the Company&#146;s consolidated balance sheets. In addition, as of
December&nbsp;31, 2016, $6&nbsp;million was included in &#147;Liabilities held for sale&#148; in the Company&#146;s consolidated balance sheet. The reinsurance premiums payable is accreted and paid to reinsurers as premiums due to MBIA are accreted
and collected. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present a roll forward of the Company&#146;s premiums receivable for the years ended December&nbsp;31, 2017 and 2016. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="20%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Adjustments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Premiums<BR>Receivable as of<BR>December&nbsp;31,</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>2016</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premium<BR>Payments<BR>Received</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>from&nbsp;New<BR>Business<BR>Written</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Expected&nbsp;Term<BR>of&nbsp;Policies</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion of<BR>Premiums<BR>Receivable<BR>Discount<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">369</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Recorded
within premiums earned on MBIA&#146;s consolidated statement of operations. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily consists of realized gains due to changes in foreign currency exchange
rates. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Adjustments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Premiums<BR>Receivable as of<BR>December&nbsp;31,</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>2015</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premium<BR>Payments<BR>Received</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>from&nbsp;New<BR>Business<BR>Written</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Expected&nbsp;Term<BR>of&nbsp;Policies</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion&nbsp;of<BR>Premiums<BR>Receivable<BR>Discount<SUP STYLE="font-size:85%; vertical-align:top"> (1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Premiums<BR>Receivable&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(115)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(292)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Recorded
within premiums earned on MBIA&#146;s consolidated statement of operations. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily consists of premiums receivable of $267&nbsp;million reported within
&#147;Assets held for sale&#148; on MBIA&#146;s consolidated balance sheet. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">93 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 5: Insurance Premiums (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the undiscounted future amount of premiums expected to be collected and the period in
which those collections are expected to occur: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Expected<BR>Collection&nbsp;of<BR>Premiums</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Three months ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June&nbsp;30, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September&nbsp;30, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Twelve months ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Five years ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2027</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">120</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2032</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2037 and thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">446</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods
presented: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" ROWSPAN="2" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unearned<BR>Premium</B><br><B>Revenue</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Expected Future<BR>Premium Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total&nbsp;Expected<BR>Future&nbsp;Premium</B><br><B>Earnings</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Upfront</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Installments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">752</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Three months ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">March&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">729</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">June&nbsp;30, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">707</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">September&nbsp;30, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">686</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">665</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Twelve months ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">587</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">516</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">452</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">395</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Five years ending:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2027</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">195</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">225</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2032</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">December&nbsp;31, 2037 and thereafter</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">386</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">366</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">843</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">94 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_312"></A>Note 6: Loss and Loss Adjustment Expense Reserves </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s insured portfolio management groups within its U.S. public finance insurance and international and structured finance insurance businesses
(collectively, &#147;IPM&#148;) monitor MBIA&#146;s outstanding insured obligations with the objective of minimizing losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic,
regulatory or political environment, are at a heightened risk of defaulting on debt service of obligations insured by MBIA. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an
attempt to alleviate or remedy the problem and avoid defaults on debt service payments. Once an obligation is insured, MBIA typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related
information, including audited financial statements, to IPM for review. IPM also monitors publicly available information related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund
balances, covenant or trigger violations and trustee or servicer problems, or other events that could have an adverse impact on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions.
IPM also monitors and evaluates the impact on issuers of general economic conditions, current and proposed legislation and regulations, political developments, as well as sovereign, state and municipal finances and budget developments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The frequency and extent of IPM&#146;s monitoring is based on the criteria and categories described below. Insured obligations that are judged to merit more frequent
and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of adverse events related to the underlying credit of the issuer are assigned to a surveillance
category (&#147;Caution List&#151;Low,&#148; &#147;Caution List&#151;Medium,&#148; &#147;Caution List&#151;High&#148; or &#147;Classified List&#148;) depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors
insured obligations assigned to a surveillance category more frequently and, if needed, develops a remediation plan to address any credit deterioration. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Remediation actions may involve, among other things, waivers or renegotiations of financial covenants or triggers, waivers of contractual provisions, the granting of
consents, transfer of servicing, consideration of restructuring plans, acceleration, security or collateral enforcement, actions in bankruptcy or receivership, litigation and similar actions. The types of remedial actions pursued are based on the
insured obligation&#146;s risk type and the nature and scope of the event giving rise to the remediation. As part of any such remedial actions, MBIA seeks to improve its security position and to obtain concessions from the issuer of the insured
obligation. From time to time, the issuer of an MBIA-insured obligation may, with the consent of MBIA, restructure the insured obligation by extending the term, increasing or decreasing the par amount or decreasing the related interest rate, with
MBIA insuring the restructured obligation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not establish any case basis reserves for insured obligations that are assigned to &#147;Caution
List&#151;Low,&#148; &#147;Caution List&#151;Medium&#148; or &#147;Caution List&#151;High.&#148; In the event MBIA expects to pay a claim with respect to an insured transaction, it places the insured transaction on its &#147;Classified List&#148;
and establishes a case basis reserve. When there are no remaining expected future claim payments, the insured transaction is removed from the &#147;Classified List.&#148; The following provides a description of each surveillance category: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;Low&#148;</U>&#151;Includes issuers where debt service protection is adequate under current and anticipated circumstances.
However, debt service protection and other measures of credit support and stability may have declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this category generally
require more frequent monitoring than transactions that do not appear within a surveillance category. IPM subjects issuers in this category to heightened scrutiny. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;Medium&#148;</U>&#151;Includes issuers where debt service protection is adequate under current and anticipated circumstances,
although adverse trends have developed and are more pronounced than for &#147;Caution List &#150; Low.&#148; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally
take remedial action on their own. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">95 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Caution List&#151;High&#148;</U>&#151;Includes issuers where more proactive remedial action is
needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or insufficient collateral protection or inadequate liquidity, which could
lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM adopts a remediation plan and takes more proactive remedial
actions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; font-size:10pt; font-family:ARIAL"><U>&#147;Classified List&#148;</U>&#151;Includes all insured obligations where MBIA has paid a claim or where a claim payment is expected.
It also includes insured obligations where a significant LAE payment has been made, or is expected to be made, to mitigate a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively
remediating these credits where possible, including restructurings through legal proceedings, usually with the assistance of specialist counsel and advisors. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a discount rate equal to the risk-free rate applicable to the currency and the
weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount loss reserves denominated in U.S. dollars, which represent the
majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to apply different discount rates, its case basis reserves
may have been higher or lower than those established as of December&nbsp;31, 2017. For example, a higher discount rate applied to expected future payments would have decreased the amount of a case basis reserve established by the Company and a lower
rate would have increased the amount of a reserve established by the Company. Similarly, a higher discount rate applied to the potential future recoveries would have decreased the amount of a loss recoverable established by the Company and a lower
rate would have increased the amount of a loss recoverable established by the Company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">U.S. public finance insured transactions consist of municipal bonds, including <FONT STYLE="white-space:nowrap">tax-exempt</FONT> and taxable indebtedness of U.S.
political subdivisions, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects
that serve a substantial public purpose. The Company estimates future losses by using probability-weighted cash flow scenarios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured
transaction, which includes par outstanding and interest due, as well as recoveries for such payments, if any. Gross par outstanding for capital appreciation bonds represents the par amount at the time of issuance of the insurance policy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain local governments remain under financial and budgetary stress and a few have filed for protection under title 11, United States Code (the &#147;Bankruptcy
Code&#148;), or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. In the case of Puerto Rico, certain credits that the Company insures have filed petitions for
covered instrumentalities under Title III of the Puerto Rico Oversight, Management and Economic Stability Act (&#147;PROMESA&#148;), which incorporates by reference provisions from the Bankruptcy Code. This could lead to an increase in defaults by
such entities on the payment of their obligations and losses or impairments in greater amounts on the Company&#146;s insured transactions. The filing for protection under the Bankruptcy Code or entering state statutory proceedings does not
necessarily result in a default or indicate that an ultimate loss will occur. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">96 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On September&nbsp;20, 2017, Hurricane Maria made landfall in Puerto Rico as a Category 4 hurricane resulting in
catastrophic damage to much of the island&#146;s basic infrastructure, including its electrical transmission and distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September&nbsp;21, 2017, the
President of the United States approved a Major Disaster Declaration for Puerto Rico and the FEMA made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&#146;s impact on Puerto Rico will likely
also impact its ability to both repay its legacy indebtedness and participate in ongoing debt restructuring negotiations. The physical damage and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private
insurance, relief from FEMA and other federal agencies and programs. Economic activity in Puerto Rico may not return to <FONT STYLE="white-space:nowrap">pre-hurricane</FONT> levels and Puerto Rico&#146;s recovery could be more shallow and protracted
than that experienced by other similarly affected governments, given Puerto Rico&#146;s prior constrained liquidity and economic activity. While the federal government has made aid available to Puerto Rico, there can be no assurance that such aid
will continue in the amounts necessary to offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal government, through its actions to deliver disaster relief and other
support services, in addition to the evolving role of the Oversight Board and the role of Puerto Rico in its own recovery, heightens political risk in connection with the restructuring of legacy debt. This risk could lead the Oversight Board, Puerto
Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&#146;s long term recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase
materially. The Company monitors and analyzes these situations closely, however, the overall extent and duration of such events are uncertain. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International
and Structured Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The international and structured finance insurance segment&#146;s case basis reserves and insurance loss recoveries
recorded in accordance with GAAP do not include estimates for policies insuring credit derivatives or on financial guarantee VIEs that are eliminated in consolidation. Policies insuring credit derivative contracts are accounted for as derivatives
and are carried at fair value in the Company&#146;s consolidated financial statements under GAAP. The fair values of insured credit derivative contracts are influenced by a variety of market and transaction-specific factors that may be unrelated to
potential future claim payments under the Company&#146;s insurance policies. In the absence of credit impairments on insured credit derivative contracts or the early termination of such contracts at a loss, the cumulative unrealized losses recorded
from these contracts should reverse before or at the maturity of the contracts. As the Company&#146;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the Company
evaluates them for impairment, under Statutory accounting, in the same way that it estimates loss and LAE for its financial guarantee policies. Refer to &#147;Note 9: Derivative Instruments&#148; for a further discussion of the Company&#146;s use of
derivatives and their impact on the Company&#146;s consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>RMBS Case Basis Reserves (Financial Guarantees) </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s RMBS reserves and recoveries relate to financial guarantee insurance policies, excluding those on consolidated VIEs. The Company&#146;s first-lien
RMBS case basis reserves primarily relate to RMBS backed by alternative <FONT STYLE="white-space:nowrap">A-paper</FONT> and subprime mortgage loans. The Company&#146;s second-lien RMBS case basis reserves relate to RMBS backed by home equity lines
of credit and <FONT STYLE="white-space:nowrap">closed-end</FONT> second mortgages. The Company calculated RMBS case basis reserves as of December&nbsp;31, 2017 for both first and second-lien RMBS transactions using a process called the &#147;Roll
Rate Methodology.&#148; The Roll Rate Methodology is a multi-step process using databases of loan level information, proprietary internal cash flow models, and commercially available models to estimate potential losses and recoveries on insured
bonds. &#147;Roll Rate&#148; is defined as the probability that current loans become delinquent and subsequently default and loans in the delinquent pipeline are <FONT STYLE="white-space:nowrap">charged-off</FONT> or liquidated. Generally, Roll
Rates are calculated for the previous twelve months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios of loan losses. Additional data used for both second and first-liens include historic
averages of deal specific voluntary prepayment rates, forward projections of the London Interbank Offered Rate (&#147;LIBOR&#148;) interest rates, and historic averages of deal-specific loss severities. In addition, for second-lien RMBS backed by
home equity lines of credit, the Company assumes a constant basis spread between Prime and LIBOR interest rates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">97 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In calculating ultimate cumulative losses for RMBS, the Company estimates the amount of second-lien loans that are
expected to be <FONT STYLE="white-space:nowrap">charged-off</FONT> (deemed uncollectible by servicers of the transactions) or first-lien loans liquidated in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For first-lien RMBS, the Company estimates the amount of loans that are expected to be liquidated through foreclosure or short sale. The time to liquidation for a
defaulted loan is specific to the loan&#146;s delinquency bucket. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For all transactions, cash flow models consider allocations and other structural aspects and
claims against MBIA Corp.&#146;s insurance policy consistent with such policy&#146;s terms and conditions. The estimated net claims from the procedure above are then discounted using a risk-free rate to a net present value reflecting MBIA&#146;s
general obligation to pay claims over time and not on an accelerated basis. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company monitors portfolio performance on a monthly basis against projected
performance, reviewing delinquencies, roll rates, and prepayment rates (including voluntary and involuntary). However, loan performance remains difficult to predict and losses may exceed expectations. In the event of a material deviation in actual
performance from projected performance, the Company would increase or decrease the case basis reserves accordingly. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>RMBS Recoveries </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company primarily records two types of recoveries related to insured RMBS exposures: excess spread that is generated from the trust structures in the insured
transactions; and second-lien <FONT STYLE="white-space:nowrap">&#147;put-back&#148;</FONT> claims related to those mortgage loans whose inclusion in an insured securitization failed to comply with representations and warranties (&#147;ineligible
loans&#148;). </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Excess Spread </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Excess spread within insured RMBS
securitizations is the difference between interest inflows on mortgage loan collateral and interest outflows on the insured RMBS notes. The aggregate amount of excess spread depends on the future loss trends, which include future delinquency trends,
average time to <FONT STYLE="white-space:nowrap">charge-off/liquidate</FONT> delinquent loans, the future spread between Prime and the LIBOR interest rates, and borrower refinancing behavior (which may be affected by changes in the interest rate
environment) that results in voluntary prepayments. Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts collected from excess spread. Excess spread also includes subsequent recoveries on previously <FONT
STYLE="white-space:nowrap">charged-off</FONT> loans associated with the insured second-lien RMBS securitizations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Second-lien
<FONT STYLE="white-space:nowrap">Put-Back</FONT> Claims Related to Ineligible Loans </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has settled the majority of the Company&#146;s <FONT
STYLE="white-space:nowrap">put-back</FONT> claims. Only its claims against Credit Suisse remain outstanding. The Company&#146;s settlement amounts have been consistent with the <FONT STYLE="white-space:nowrap">put-back</FONT> recoveries that had
been included in the Company&#146;s financial statements at the times preceding the settlements. The <FONT STYLE="white-space:nowrap">put-back</FONT> contract claim remaining with Credit Suisse is related to the inclusion of ineligible loans in the <FONT
STYLE="white-space:nowrap">2007-2</FONT> Home Equity Mortgage Trust securitization. Credit Suisse has challenged the Company&#146;s assessment of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which
there is no assurance that the Company will prevail. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Based on the Company&#146;s assessment of the strength of its contractual
<FONT STYLE="white-space:nowrap">put-back</FONT> rights against Credit Suisse, as well as on its prior settlements with other sellers/servicers and success of other monolines&#146; <FONT STYLE="white-space:nowrap">put-back</FONT> settlements, the
Company believes it will prevail in enforcing its contractual rights and that it is entitled to collect the full amount of its incurred losses, which totaled $436&nbsp;million through December&nbsp;31, 2017. The Company is also entitled to collect
interest on amounts paid; it believes that in the context of its <FONT STYLE="white-space:nowrap">put-back</FONT> litigation, the appropriate interest rate should be the New York State statutory rate. However, the Company currently calculates its <FONT
STYLE="white-space:nowrap">put-back</FONT> recoveries using the contractual interest rate, which is lower than the New York State statutory rate. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">98 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Notwithstanding the foregoing, uncertainty remains with respect to the ultimate outcome of the litigation with Credit
Suisse, which is contemplated in the probability-weighted cash flow scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are based on the amount of incurred losses measured against certain probabilities of ultimate
resolution of the dispute with Credit Suisse. Most of the probability weight is assigned to partial recovery scenarios and are discounted using the current risk-free discount rates associated against the underlying transaction&#146;s cash flows.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company continues to consider relevant facts and circumstances in developing its assumptions on expected cash inflows, probability of potential recoveries
(including the outcome of litigation) and recovery period. The estimated amount and likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the
financial condition of Credit Suisse. While the Company believes it will be successful in realizing its recoveries from its <FONT STYLE="white-space:nowrap">put-back</FONT> contract claims against Credit Suisse, the ultimate amount recovered may be
materially different from that recorded by the Company given the inherent uncertainty of the manner of resolving the claims (i.e., litigation and/or negotiated
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-court</FONT></FONT> settlement) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information
that are not easily corroborated by historical data or other relevant benchmarks. Refer to &#147;Note 20: Commitments and Contingencies&#148; for further information about the Company&#146;s litigation with Credit Suisse. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>CDO Reserves </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company also has loss and LAE reserves on certain
transactions within its CDO portfolio, primarily including its multi-sector CDO asset class that was insured in the form of financial guarantee policies. MBIA&#146;s insured multi-sector CDOs are transactions that include a variety of collateral
ranging from corporate bonds to structured finance assets (which includes, but are not limited to, RMBS-related collateral, multi-sector and corporate CDOs). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
following discussion provides information about the Company&#146;s process for estimating reserves and credit impairments on these policies, determined as the present value of the probability-weighted potential future losses, net of estimated
recoveries, across multiple scenarios. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The
following approaches require substantial judgments about the future performance of each transaction: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top">Each transaction is evaluated for its commutation potential, which is customized by counterparty and considers historical commutation prices, the level of dialogue with the counterparty and the credit quality and
payment profile of the underlying exposure. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top">A range of loss scenarios is considered under different default and severity rates for each transaction&#146;s collateral. </TD></TR></TABLE>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Zohar Recoveries </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. will seek to recover the payments it made (plus
interest and expenses) with respect to Zohar I and the Zohar II Claim. MBIA Corp. anticipates that the primary source of the recovery of the Zohar II Claim will come from the monetization of the assets of Zohar II, which include, among other things,
loans made to, and equity interests in, companies purportedly controlled by the sponsor and former collateral manager of Zohar I and Zohar II (the &#147;Zohar Sponsor&#148;) (all the assets of Zohar II, the &#147;Zohar II Assets&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with the exercise of its rights and remedies, MBIA Corp. acquired the beneficial ownership of the Zohar I assets, which include loans made to, and equity
interests in, companies purportedly controlled by the Zohar Sponsor (all the assets of Zohar I, the &#147;Zohar I Assets&#148;). Over time, MBIA Corp. expects to acquire the legal ownership of the Zohar I Assets and recover all or substantially all
of the payment it made (plus interest and expenses) with regards to the Zohar I claim. As of December&nbsp;31, 2017, the recoveries of Zohar I and Zohar II are included in &#147;Loans receivable at fair value&#148; which are presented in
&#147;Assets of consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">99 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There can be no assurance, however, that the value of the Zohar II Assets and the Zohar I Assets will be sufficient to
permit MBIA Corp. to recover all or substantially all of the payments it made on the Zohar I and the Zohar II Claims. Failure to recover a substantial amount of such payments could impede its ability to make payments when due on other policies. MBIA
Corp. believes that if the NYSDFS concludes at any time that MBIA Insurance Corporation will not be able to pay its policyholder claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under
Article 74 of the New York Insurance Law and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA Insurance Corporation&#146;s policyholders. The determination to commence such a proceeding or take other such
actions is within the exclusive control of the NYSDFS. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Summary of Loss and LAE Reserves and Recoveries </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s loss and LAE reserves and recoveries before consolidated VIE eliminations, along with amounts that were eliminated as a result of consolidated VIEs,
which are included in the Company&#146;s consolidated balance sheets as of December&nbsp;31, 2017 and 2016 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance Sheet Line Item</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance Sheet Line Item</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>loss<BR>recoverable</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loan<BR>repurchase<BR>commitments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss&nbsp;and<BR>LAE<BR>reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>loss<BR>recoverable</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loan<BR>repurchase<BR>commitments</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss&nbsp;and<BR>LAE<BR>reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>U.S. Public Finance Insurance</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">333</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">512</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>International and Structured Finance Insurance:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Before VIE eliminations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">710</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">551</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">650</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">VIE eliminations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,300)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(243)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(221)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(206)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total international and structured finance insurance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">467</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">330</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">444</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">511</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">979</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">504</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">541</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Changes in Loss and LAE Reserves </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
following tables present changes in the Company&#146;s loss and LAE reserves for the years ended December&nbsp;31, 2017 and 2016. Changes in loss reserves attributable to the accretion of the claim liability discount, changes in discount rates,
changes in amount and timing of estimated claim payments and recoveries, changes in assumptions and changes in LAE reserves are recorded in &#147;Losses and loss adjustment&#148; expenses in the Company&#146;s consolidated statements of operations.
As of December&nbsp;31, 2017 and 2016, the weighted average risk-free rate used to discount the Company&#146;s loss reserves (claim liability) was 2.31% and 2.07%, respectively. LAE reserves are generally expected to be settled within a <FONT
STYLE="white-space:nowrap">one-year</FONT> period and are not discounted. As of December&nbsp;31, 2017 and 2016, the Company&#146;s gross loss and LAE reserves included $66&nbsp;million and $60&nbsp;million, respectively, related to LAE. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Loss and LAE Reserves for the Year Ended December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Gross Loss<BR>and
LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss<BR>Payments<BR>for Cases<BR>with<BR>Reserves<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion<BR>of Claim<BR>Liability<BR>Discount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Unearned<BR>Premium<BR>Revenue</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>LAE<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Loss<BR>and LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;541</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,069)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">843</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">979</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
payments made to satisfy the Zohar II Claim. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Primarily changes in the amount to satisfy the Zohar II Claim. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">100 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Loss and LAE Reserves for the Year Ended December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Gross Loss<BR>and
LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2015</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Loss<BR>Payments<BR>for Cases<BR>with<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion<BR>of Claim<BR>Liability<BR>Discount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Unearned<BR>Premium<BR>Revenue</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Reserves</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross Loss<BR>and LAE<BR>Reserves&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top" ALIGN="right">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">541</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily
changes in amount and timing of payments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The increase in the Company&#146;s gross loss and LAE reserves during 2017 was primarily related to increases due to
changes in assumptions on certain Puerto Rico exposures. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The increase in the Company&#146;s gross loss and LAE reserves during 2016 was primarily related to
increases due to changes in assumptions on insured first and second-lien RMBS transactions and U.S. public finance transactions. These were partially offset by decreases in changes in assumptions on CDOs. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&nbsp;&nbsp;&nbsp;&nbsp; </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Current period changes in the Company&#146;s estimate of potential recoveries may be recorded as an insurance loss recoverable asset, netted against the gross loss and
LAE reserve liability, or both. The following table presents changes in the Company&#146;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&#146;s claim liability for the years ended December&nbsp;31,
2017 and 2016. Changes in insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in amount and timing of estimated collections, changes in assumptions and changes in LAE
recoveries are recorded in &#147;Losses and loss adjustment&#148; expenses in the Company&#146;s consolidated statements of operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Insurance Loss Recoverable and Recoveries on Unpaid</B><br><B>Losses for the Year Ended December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Collections<BR>for Cases<BR>with<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion&nbsp;of<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">504</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(124)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">113<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">511</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Recoveries on unpaid losses<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">583</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(124)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">546</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily
changes in amount and timing of collections. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes amounts which have been paid and are expected to be recovered in the future. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;As of December&nbsp;31, 2017 and 2016, excludes Puerto Rico recoveries, and as of December&nbsp;31, 2016, the Zohar II recoveries, which have been netted against
reserves. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in Insurance Loss Recoverable and Recoveries on Unpaid<BR>Losses for the Year Ended December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Collections<BR>for Cases<BR>with<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Accretion&nbsp;of<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes&nbsp;in<BR>Discount<BR>Rates</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes in<BR>Assumptions</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Changes<BR>in LAE<BR>Recoveries</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Reserve&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Insurance loss recoverable</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">577</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">504</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Recoveries on unpaid losses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">677</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">583</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Primarily
changes in amount and timing of collections. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Excludes Puerto Rico and Zohar II recoveries, which have been netted against reserves. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The increase in the Company&#146;s insurance loss recoverable during 2017 was primarily due to paid losses on certain Puerto Rico credits offset by a decrease in
insured RMBS transactions. The decrease in the RMBS insurance loss recoverable was primarily related to the collection of mortgage insurance from the settlement of litigation involving Old Republic Insurance Corporation and a decrease in expected
recoveries from first-lien RMBS transactions. The decrease in the Company&#146;s recoveries on unpaid losses is primarily related to insured RMBS transactions. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">101 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The decrease in the Company&#146;s insurance loss recoverable and recoveries on unpaid losses during 2016 was primarily
due to a decrease in expected future recoveries on CDOs as the result of the consolidation of a VIE and related elimination of a VIE and a decrease in changes in the amount of expected collections on first and second-lien RMBS issues, partially
offset by an increase related to changes in assumptions on certain Puerto Rico credits. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Loss and LAE Activity </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s financial guarantee insurance losses and LAE (excluding insured credit derivative and consolidated VIEs), net of reinsurance for the years ended
December&nbsp;31, 2017, 2016 and 2015 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Public Finance Insurance Segment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International and Structured Finance Insurance Segment:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Second-lien RMBS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">First-lien RMBS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CDOs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Losses and LAE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:8%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes <FONT STYLE="white-space:nowrap">non-U.S.</FONT> public finance and other issues. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2017, losses and LAE primarily related to increases in actual and expected payments on certain Puerto Rico exposures, insured first-lien RMBS transactions and a
decrease in actual and projected collections from mortgage insurance included in the Company&#146;s excess spread within its second-lien RMBS transactions from the settlement of litigation regarding insurance coverage involving Old Republic
Insurance Corporation, Bank of America, N.A. and The Bank of New York Mellon. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2016, losses and LAE primarily related to increases in actual and expected
payments on certain Puerto Rico exposures and insured first and second-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS transactions. These were partially offset by increases in
recoveries of actual and expected payments on certain Puerto Rico exposures and decreases in actual and expected payments on CDOs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For 2015, losses and LAE
primarily related to increases in expected payments on CDOs and insured first-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS securitizations. These were partially offset by increases
in recoveries of expected payments related to CDOs and increases in projected collections from excess spread within insured second-lien RMBS securitizations due to an anticipated sale of loans within certain securitizations that had been previously
charged off by the servicer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Costs associated with remediating insured obligations assigned to the Company&#146;s surveillance categories are recorded as LAE and
included in &#147;Losses and loss adjustment&#148; expenses on the Company&#146;s consolidated statements of operations. For 2017, 2016 and 2015, gross LAE related to remediating insured obligations were $42&nbsp;million, $48&nbsp;million and
$26&nbsp;million, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">102 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Surveillance Categories </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about the financial guarantees and related claim liability included in each of MBIA&#146;s surveillance categories as of
December&nbsp;31, 2017: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Surveillance Categories</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Caution</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Caution</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Caution</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Classified</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Low</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Medium</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>High</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of policies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">280</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">375</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining weighted average contract period (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insured contractual payments outstanding:<SUP STYLE="font-size:85%; vertical-align:top">
(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,764</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">104</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,083</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8,964</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,676</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,756</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8,481</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,440</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,839</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17,445</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Claim Liability<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,082</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,082</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Potential Recoveries<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">782</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discount, net<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(178)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(178)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net claim liability (recoverable)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">77</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries for policies in a net payable position. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">103 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 6: Loss and Loss Adjustment Expense Reserves (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about the financial guarantees and related claim liability included in each of
MBIA&#146;s surveillance categories as of December&nbsp;31, 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Surveillance Categories</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Caution</B><br><B>List</B><br><B>Low</B></TD>
<TD VALIGN="bottom" ROWSPAN="3">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Caution</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Caution</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ROWSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom" ROWSPAN="3">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Classified</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Medium</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>High</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>List</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of policies</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">331</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">430</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of issues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">126</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">149</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining weighted average contract period (in years)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross insured contractual payments
outstanding:<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,917</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">320</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10,285</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,795</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5,683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,712</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,808</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15,968</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Claim Liability<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">718</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">718</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross Potential Recoveries<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">770</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">770</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discount, net<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(75)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(75)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net claim liability (recoverable)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;An
&#147;issue&#148; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, the gross claim liability primarily related to insured first-lien RMBS transactions as well as certain Puerto Rico exposures. As of
December&nbsp;31, 2016, the gross claim liability primarily related to insured first-lien RMBS transactions. As of December&nbsp;31, 2017 and 2016, the gross potential recoveries principally related to certain Puerto Rico exposures and insured
second-lien RMBS transactions. As of December&nbsp;31, 2017, these potential recoveries exclude the recoveries of Zohar I and Zohar II that are included in &#147;Loans receivable at fair value&#148; which are presented in &#147;Assets of
consolidated variable interest entities&#148; on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s recoveries have been, and remain based on
either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or subrogation rights embedded within financial guarantee insurance policies. Expected salvage and subrogation
recoveries, as well as recoveries from other remediation efforts, reduce the Company&#146;s claim liability. Once a claim payment has been made, the claim liability has been satisfied and MBIA&#146;s right to recovery is no longer considered an
offset to future expected claim payments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus the present value of projected estimated future claim payments. As claim payments are made,
the recorded amount of potential recoveries may exceed the remaining amount of the claim liability for a given policy. The gross claim liability and gross potential recoveries reflect the elimination of claim liabilities and potential recoveries
related to VIEs consolidated by the Company. As of December&nbsp;31, 2017 and 2016, reinsurance recoverable on paid and unpaid losses was $17&nbsp;million and $6&nbsp;million, respectively, and was included in &#147;Other assets&#148; on the
Company&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">104 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_313"></A>Note 7: Fair Value of Financial Instruments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurement </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Assets </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial assets held by the Company primarily consist of investments in debt securities. Substantially all of the Company&#146;s investments are priced by independent
third parties, including pricing services and brokers. Typically, the Company receives one pricing service value or broker quote for each instrument, which represents a <FONT STYLE="white-space:nowrap">non-binding</FONT> indication of value. The
Company, along with its third-party portfolio manager, reviews the assumptions, inputs and methodologies used by pricing services and brokers to obtain reasonable assurance that the prices used in its valuations reflect fair value. When the Company
and its third-party portfolio manager believe a third-party quotation differs significantly from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review
includes comparing significant assumptions such as prepayment speeds, default ratios, forward yield curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the
differences. The price provider may subsequently provide an updated price. In the event that the price provider does not update its price, and the Company still does not agree with the price provided, its third-party portfolio manager will obtain a
price from another third-party provider or use an internally developed price which it believes represents the fair value of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair
value of the Company&#146;s investment portfolio as of December&nbsp;31, 2017 or 2016. All challenges to third-party prices are reviewed by staff of the Company as well as its third-party portfolio manager with relevant expertise to ensure
reasonableness of assumptions.&nbsp;A pricing analysis is reviewed and approved by the Company&#146;s valuation committee. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial Liabilities (excluding
derivative liabilities) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Financial liabilities, excluding derivative liabilities, issued by the Company primarily consist of debt issued for general corporate
purposes within its corporate segment, MTNs, investment agreements, debt issued by consolidated VIEs and warrants. The majority of the financial liabilities that the Company has elected to fair value or that require fair value reporting or
disclosures are valued based on the estimated value of the underlying collateral, the Company&#146;s or a third-party&#146;s estimate of discounted cash flow model estimates, or quoted market values for similar products. These valuations include
adjustments for expected nonperformance risk of the Company. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivative Liabilities </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s derivative liabilities are primarily interest rate swaps and an insured credit derivative. The Company&#146;s insured credit derivative contract is a <FONT
STYLE="white-space:nowrap">non-traded</FONT> structured credit derivative transaction and since they are highly customized and there is generally no observable market for this derivative. The Company estimates its fair value in a hypothetical market
based on an internal model that incorporates market or estimated prices of similar securities that are obtained for all collateral within a transaction, the present value of the market-implied potential loss and nonperformance risk. The Company
reviews its valuation model results on a quarterly basis to assess the appropriateness of the assumptions and results in light of current market activity and conditions. This review is performed by internal staff with relevant expertise. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Internal Review Process </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All significant financial assets and liabilities are
reviewed by the valuation committee to ensure compliance with the Company&#146;s policies and risk procedures in the development of fair values of financial assets and liabilities. The valuation committee reviews, among other things, key assumptions
used for internally developed prices, significant changes in sources and uses of inputs, including changes in model approaches, and any adjustments from third-party inputs or prices to internally developed inputs or prices. The committee also
reviews any significant impairment or improvements in fair values of the financial instruments from prior periods. The committee is comprised of senior finance team members with relevant experience in the financial instruments their committee is
responsible for. The committee documents its agreement with the fair value measurements reported in the Company&#146;s consolidated financial statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">105 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Valuation Techniques </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Valuation techniques for financial instruments measured at fair value or disclosed at fair value are described below. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Fixed-Maturity Securities (including short-term investments) Held as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Available-For-Sale,</FONT></FONT> Investments Carried at Fair Value, Investments Pledged as Collateral, Investments
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Held-to-Maturity,</FONT></FONT> and Other Investments </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">These investments include investments in
U.S. Treasury and government agencies, state and municipal bonds, foreign governments, corporate obligations, MBS, asset-backed securities (&#147;ABS&#148;), money market securities, and perpetual debt and equity securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not available, fair value is
generally determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, interest rate yield
curves, CDS spreads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable inputs
include cash flow projections and the value of any credit enhancement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The investment in the fixed-income fund was measured at fair value by applying the net asset
value per share practical expedient.&nbsp;The investment in the fixed-income fund may be redeemed on a quarterly basis with prior redemption notification of ninety days subject to withdrawal limitations.&nbsp;The investment is required to be held
for a minimum of twelve months, and any subsequent quarterly redemption is limited to 25% of the investment or a complete redemption over four consecutive quarters in the amounts of 25%, 33%, 50%, and 100% of the remaining investment balance as of
the first, second, third and fourth consecutive quarters, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT> (&#147;HTM&#148;) investments is determined using discounted cash flow models. Key inputs include unobservable cash flows projected over the expected
term of the investment discounted using observable interest rate yield curves of similar securities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investments based on quoted market prices of identical
investments in active markets are classified as Level&nbsp;1 of the fair value hierarchy. Level&nbsp;1 investments generally consist of U.S. Treasury and government agency, foreign government, money market securities and perpetual debt and equity
securities. Quoted market prices of investments in less active markets, as well as investments which are valued based on other than quoted prices for which the inputs are observable, such as interest rate yield curves, are categorized in
Level&nbsp;2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as Level&nbsp;3. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Cash and Cash
Equivalents </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature and credit worthiness of these instruments and
are categorized in Level&nbsp;1 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Loans Receivable at Fair Value </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of residential mortgage and corporate loans. Fair values of residential
mortgage loans are determined using quoted prices for MBS issued by the respective VIE and adjusted for the fair values of the financial guarantees provided by MBIA Corp. on the related MBS. The fair values of the financial guarantees consider
expected claim payments, net of recoveries, under MBIA Corp.&#146;s policies. Fair values of corporate loans, which are to privately held companies, are based on methodologies that generally use comparable EBITDA multiples and the most current
available EBITDAs. Loans receivable at fair value are categorized in Level&nbsp;3 of the fair value hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">106 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Loan Repurchase Commitments </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage loans to MBIA as reimbursement of paid claims. Loan repurchase commitments are
assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized residential mortgage loans sold to the trust to comply with stated
underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts owed by the sellers/servicers to MBIA as reimbursement of paid claims.
Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Fair values of loan repurchase commitments are determined using discounted cash flow techniques and are
categorized in Level&nbsp;3 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other Assets </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIEs consolidated by the Company have entered into derivative instruments consisting of cross currency swaps. Cross currency swaps are entered into to manage the
variability in cash flows resulting from fluctuations in foreign currency rates. The fair value of VIE derivatives is determined based on inputs from unobservable cash flows projection of the derivative, discounted using observable discount rates.
As the significant inputs are unobservable, the derivative contract is categorized in Level&nbsp;3 of the fair value hierarchy. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Other assets also include
receivables representing the right to receive reimbursement payments on claim payments expected to be made on certain insured VIE liabilities due to risk mitigating transactions with third parties executed to effectively defease, or, <FONT
STYLE="white-space:nowrap">in-substance</FONT> commute the Company&#146;s exposure on its financial guarantee policies. The right to receive reimbursement payments is based on the value of the Company&#146;s financial guarantee determined using the
cash flow model.&nbsp;The fair value of the financial guarantee primarily contains unobservable inputs and is categorized in Level&nbsp;3 of the fair value hierarchy. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Long-term Debt </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of long-term notes, debentures and surplus
notes are estimated based on quoted prices for these or similar securities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of the accrued interest expense on the surplus notes due in 2033 is
determined based on the carrying amount of the accrued interest expense, adjusted for the credit risk of the Company. The carrying amounts of accrued interest expense on all other long-term debt approximate fair value due to the short-term nature of
the interest payment. Long-term debt is categorized in Level&nbsp;2 of the fair value hierarchy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Medium-term Notes </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the
Company applies a matrix pricing grid to determine fair value based on the quoted market prices received for similar instruments and considering the MTNs&#146; stated maturity and interest rate. Nonperformance risk is included in the quoted market
prices and the matrix pricing grid. The Company has elected to measure certain MTNs at fair value on a recurring basis with changes in fair value reflected in earnings. MTNs are categorized in Level&nbsp;3 of the fair value hierarchy. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Investment Agreements </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair values of investment agreements are
determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently being offered for similar agreements with comparable maturity dates. Investment agreements contain collateralization and
termination agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categorized in
Level&nbsp;3 of the fair value hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">107 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Variable Interest Entity Notes </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair values of VIE notes are determined based on recently executed transaction prices or quoted prices where observable. When position-specific quoted prices are not
observable, fair values are based on quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted for factors unique to the securities, including any credit enhancement. When observable quoted prices
are not available, fair value is determined based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs. Observable inputs include interest rate yield curves and bond spreads of similar securities.
Unobservable inputs include the value of any credit enhancement. VIE notes are categorized in Level&nbsp;2 or Level&nbsp;3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivatives </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The corporate segment has entered into derivative
transactions primarily consisting of interest rate swaps. Fair values of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> derivatives are determined using valuation models based on observable inputs,
nonperformance risk of the Company and nonperformance risk of the counterparties. Observable and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives are categorized in Level&nbsp;2 or Level&nbsp;3 of
the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Derivatives&#151;Insurance </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The derivative contracts insured by the Company cannot be legally traded and generally do not have observable market prices. The Company determines the fair values of
insured credit derivatives using valuation models based on observable inputs and considering nonperformance risk of the Company. Negotiated settlements are also considered to validate the valuation models and to reflect assumptions the Company
believes market participants would use. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Valuation Model Overview </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For
the year ended December&nbsp;31, 2017, the Company used an internally developed Direct Price Model to value its insured credit derivative that incorporates market prices or estimated prices of similar securities that are obtained for all collateral
within a transaction, the present value of the market-implied potential losses, and nonperformance risk. The valuation of the insured credit derivative includes the impact of its credit standing. The insured credit derivative is categorized in
Level&nbsp;3 of the fair value hierarchy based on unobservable inputs that are significant to the fair value measurement in its entirety. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Prior to 2017, the
Company used the Binomial Expansion Technique (&#147;BET&#148;) Model and the Direct Price Model to value insured CDS contracts. The BET Model estimates what a bond insurer would charge to guarantee a transaction at the measurement date, based on
the market-implied default risk of the underlying collateral and the remaining structural protection in a deductible or subordination. Inputs to the process of determining fair value for structured transactions using the BET Model include estimates
of collateral loss, allocation of loss to separate tranches of the capital structure, credit spreads, recovery rates and nonperformance risk and weighted average life. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company also has other derivative liabilities as a result of a commutation occurring in 2014. The fair value of the derivative is determined using a discounted cash
flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative. As the significant inputs are unobservable, the derivative contract is categorized in Level&nbsp;3 of the fair value hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">108 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Other Liabilities </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Stock
warrants issued by the Company are valued using the Black-Scholes model and are recorded at fair value. Inputs into the warrant valuation include the Company&#146;s stock price, the strike price of the warrant, time to expiration, a volatility
parameter, interest rates, and dividend data. As all significant inputs are market-based and observable, warrants are categorized in Level&nbsp;2 of the fair value hierarchy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Other payable relates to certain contingent consideration. The fair value of the liability is based on the cash flow methodologies using observable and unobservable
inputs. Unobservable inputs include invested asset balances and asset management fees that are significant to the fair value estimate and the liability is categorized in Level&nbsp;3 of the fair value hierarchy. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Held For Sale </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2016, the Company estimated the fair
value of the assets and liabilities of MBIA UK held for sale based on the fair value of the expected total consideration for the sale of MBIA UK.&nbsp;The fair value of the sale consideration is categorized in Level&nbsp;2 of the fair value
hierarchy. Refer to &#147;Note 1: Business Developments and Risks and Uncertainties&#148; for additional information about the sale of MBIA UK. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Financial
Guarantees </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Gross Financial Guarantees</U>&#151;The fair value of gross financial guarantees is determined using discounted cash flow techniques based on
inputs that include (i)&nbsp;assumptions of expected losses on financial guarantee policies where loss reserves have not been recognized, (ii)&nbsp;amount of losses expected on financial guarantee policies where loss reserves have been established,
net of expected recoveries, (iii)&nbsp;the cost of capital reserves required to support the financial guarantee liability, (iv)&nbsp;operating expenses, and (v)&nbsp;discount rates which reflect the expected nonperformance risk and recovery rates of
the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The carrying value of the Company&#146;s gross financial guarantees consists of unearned premium revenue and loss and LAE reserves, net of the
insurance loss recoverable as reported on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>Ceded Financial Guarantees</U>&#151;The fair value of ceded financial
guarantees is determined by applying the percentage ceded to reinsurers to the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and reinsurance
recoverable on paid and unpaid losses as reported within &#147;Other assets&#148;, net of gross salvage payable to reinsurers as reported within &#147;Other liabilities&#148; on the Company&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">109 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Significant Unobservable Inputs </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables provide quantitative information regarding the significant unobservable inputs used by the Company for assets and liabilities measured at fair value
on a recurring basis as of December&nbsp;31, 2017 and 2016. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="30%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value as<BR>of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Valuation Techniques</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Unobservable Input</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Range&nbsp;(Weighted<BR>Average)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">1,679</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices adjusted for financial guarantees provided to VIE obligations</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top"><FONT STYLE="white-space:nowrap">-25%&#151;35%&nbsp;(-2%)</FONT></TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multiples of EBITDA</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multiples<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Discounted cash flow</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Recovery rates<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Breach rates<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices of VIE assets adjusted for financial guarantees provided</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">0%&#151;60%&nbsp;(36%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivative liabilities, net:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CMBS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Direct Price Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Nonperformance risk</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">54%&#151;54% (54%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Discounted cash flow</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash flows</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD NOWRAP VALIGN="top">$0&#151;$49 ($25)<SUP STYLE="font-size:85%; vertical-align:top">(4)</SUP></TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Negative
percentage represents financial guarantee policies in a receivable position. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Unobservable inputs are primarily based on comparable companies&#146; EBITDA
multiples. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Midpoint of cash flows are used for the weighted average. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">110 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="31%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value&nbsp;as<BR>of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Valuation Techniques</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Unobservable Input</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Range&nbsp;(Weighted<BR>Average)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">$</TD>
<TD VALIGN="top" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices adjusted for financial</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">0%&#151;28%(3%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">guarantees provided to VIE obligations</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Multiples of EBITDA</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Multiples<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Discounted cash flow</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Recovery rates<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Breach rates<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">476</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Market prices of VIE assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Impact of financial guarantee</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">0%&#151;54%(24%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">adjusted for financial guarantees provided</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivative liabilities, net:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Recovery rates</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">25%&#151;40%(33%)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">CMBS</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">BET Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Nonperformance risk</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">10%&#151;32%(32%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Weighted average life (in years)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">1.1&#151;1.5 (1.3)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">CMBS spreads</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">25%&#151;35%(30%)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Multi-sector CDO</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Direct Price Model</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Nonperformance risk</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top">58%&#151;58%(58%)</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other derivative liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Discounted cash flow</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Cash flows</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom">$0&#151;$83 ($42)<SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unobservable
inputs are primarily based on comparable companies&#146; EBITDA multiples. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Recovery rates and breach rates include estimates about potential variations in
the outcome of litigation with a counterparty. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Midpoint of cash flows are used for the weighted average. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Sensitivity of Significant Unobservable Inputs </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant
unobservable inputs used in the fair value measurement of the Company&#146;s loans receivable at fair value of consolidated VIEs are the impact of the financial guarantee and multiples. The fair value of loans receivable are calculated by
subtracting the value of the financial guarantee from the market value of VIE liabilities and methodologies using multiples of EBITDA. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments, net
of recoveries, under the policy. As the value of the financial guarantee provided by the Company under the insurance policy increases, there is a lower expected cash flow on the underlying loans receivable of the VIE. This results in a lower fair
value of the loans receivable in relation to the obligations of the VIE. Multiples are external factors that are considered when determining the fair values of corporate loans. These loans are to privately held companies for which MBIA has limited
information. Therefore, the Company uses multiples of EBITDA of comparable companies and any increase or decrease in these multiples would result in an increase or decrease in the fair values of the loans, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">111 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 7: Fair Value of Financial Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable inputs used in the fair value measurement of the Company&#146;s loan repurchase
commitments of consolidated VIEs are the recovery rates and breach rates. Recovery rates reflect the estimates of future cash flows reduced for litigation delays and risks and/or potential financial distress of the sellers/servicers. The estimated
recoveries of the loan repurchase commitments may differ from the actual recoveries that may be received in the future. Breach rates represent the rate at which mortgages fail to comply with stated representations and warranties of the
sellers/servicers. Significant increases or decreases in the recovery rates and the breach rates would result in significantly higher or lower fair values of the loan repurchase commitments, respectively. Additionally, changes in the legal
environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could significantly impact the fair value measurement. Any significant challenges by the counterparties to the Company&#146;s determination of
breaches of representations and warranties could have a material adverse impact on the fair value measurement. Recovery rates and breach rates are determined independently. Changes in one input will not necessarily have any impact on the other
input. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable input used in the fair value measurement of the Company&#146;s VIE notes of consolidated VIEs is the impact of the financial
guarantee. The fair value of VIE notes is calculated by adding the value of the financial guarantee to the market value of VIE assets. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments
under the policy. As the value of the guarantee provided by the Company to the obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of
the VIE. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Effective in 2017, the Company changed its technique on valuing its commercial mortgage-backed securities (&#147;CMBS&#148;) credit derivative to the
Direct Price Model from the BET Model. The significant unobservable input used in the fair value measurement was nonperformance risk. The nonperformance risk is an assumption of MBIA Corp.&#146;s own ability to pay and whether MBIA Corp. will have
the necessary resources to pay the obligations as they come due. Any significant increase or decrease in MBIA Corp.&#146;s nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities, respectively.
Prior to 2017, the Company used the BET Model to value its CMBS credit derivatives. The significant unobservable inputs used in the fair value measurement of its CMBS credit derivatives were CMBS spreads, recovery rates, nonperformance risk and
weighted average life. The CMBS spread is an indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of a potential
loss. The nonperformance risk is an assumption of MBIA Corp.&#146;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Weighted average life is based on the Company&#146;s estimate of
when the principal of the underlying collateral of the CMBS structure will be repaid. A significant increase or decrease in CMBS spreads would result in an increase or decrease in the fair value of the derivative liability, respectively. A
significant increase in weighted average life can result in an increase or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant losses. Any significant increase or decrease in recovery
rates, or MBIA Corp.&#146;s nonperformance risk would result in a decrease or increase in the fair value of the derivative liabilities, respectively. CMBS spreads, recovery rates, nonperformance risk and weighted average lives are determined
independently. Changes in one input will not necessarily have any impact on the other inputs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The significant unobservable input used in the fair value measurement
of MBIA Corp.&#146;s other derivatives, which are valued using a discounted cash flow model, is the estimates of future cash flows discounted using market rates and CDS spreads. Any significant increase or decrease in future cash flows would result
in an increase or decrease in the fair value of the derivative liability, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">112 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Measurements </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the fair value of the Company&#146;s assets (including short-term investments) and liabilities measured and reported at fair value on a
recurring basis as of December&nbsp;31, 2017 and 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active Markets<BR>for Identical<BR>Assets&nbsp;(Level&nbsp;1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level&nbsp;2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">858</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">858</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,338</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,340</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">368</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">368</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">178</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,058</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,328</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-income fund</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-insured</FONT> derivative assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">113 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active&nbsp;Markets<BR>for&nbsp;Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">759</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">759</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">920</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">920</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,608</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,272</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">115<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-insured</FONT> derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">193</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">193</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Warrants</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">663</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,069</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">864</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">595</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,459</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unobservable
inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value
hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">114 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active&nbsp;Markets<BR>for&nbsp;Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance&nbsp;as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">825</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">937</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,440</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,440</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,334</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">868</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">868</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">257</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">301</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">825</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,113</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,999</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">521</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">521</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-income fund</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">75<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-insured</FONT> derivative assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">115 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active&nbsp;Markets<BR>for Identical<BR>Assets</B><br><B>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other<BR>Observable<BR>Inputs<BR>(Level&nbsp;2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Counterparty<BR>and Cash<BR>Collateral<BR>Netting</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance as of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">149</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">149</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,559</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,378</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7,564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">101<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Derivative liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Credit derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Non-insured</FONT> derivatives:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">213</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">213</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Warrants</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">875</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">476</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,351</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,784</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Unobservable
inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value
hierarchy. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">116 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Level&nbsp;3 assets at fair value as of December&nbsp;31, 2017 and 2016 represented approximately 30% and 21%,
respectively, of total assets measured at fair value. Level&nbsp;3 liabilities at fair value as of December&nbsp;31, 2017 and 2016 represented approximately 41% and 37%, respectively, of total liabilities measured at fair value. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the fair values and carrying values of the Company&#146;s assets and liabilities that are disclosed at fair value but not reported at fair
value on the Company&#146;s consolidated balance sheets as of December&nbsp;31, 2017 and 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active&nbsp;Markets&nbsp;for<BR>Identical Assets<BR>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other&nbsp;Observable<BR>Inputs</B><br><B>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs<BR>(Level&nbsp;3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>Balance as of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carry Value<BR>Balance as of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">918</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">892</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,002</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,002</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">650</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,268</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,354</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,755</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3,109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,328</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial Guarantees:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,785</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,785</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value Measurements at Reporting Date Using</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Quoted&nbsp;Prices&nbsp;in<BR>Active&nbsp;Markets&nbsp;for<BR>Identical&nbsp;Assets<BR>(Level 1)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Other&nbsp;Observable<BR>Inputs</B><br><B>(Level 2)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Significant<BR>Unobservable<BR>Inputs</B><br><B>(Level 3)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair Value<BR>Balance as of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Carry Value<BR>Balance as of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">306</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">held-to-maturity</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">308</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,030</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,030</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">478</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">794</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">508</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">508</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">399</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">882</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">882</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,030</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,868</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,898</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,069</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Financial Guarantees:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,638</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,638</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">995</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">117 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present information about changes in Level&nbsp;3 assets (including short-term investments) and
liabilities measured at fair value on a recurring basis for the years ended December&nbsp;31, 2017 and 2016: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Changes in Level&nbsp;3 Assets and Liabilities
Measured at Fair Value on a Recurring Basis for the Year Ended December&nbsp;31, 2017 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,<BR>Beginning<BR>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized<BR>Gains /<BR>(Losses)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign<BR>Exchange<BR>Recognized<BR>in OCI or<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>into<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>out of<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending<BR>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in<BR>Unrealized<BR>Gains<BR>(Losses) for<BR>the Period<BR>Included in<BR>Earnings for<BR>Assets still<BR>held as
of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(41)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable-residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(236)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">759</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable-corporate</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">719</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">920</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">407</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Currency derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">737</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(324)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,140</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">168</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="30%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,<BR>Beginning<BR>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized<BR>(Gains) /<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>(Gains) /<BR>Losses<BR>Included<BR>in<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>(Gains) /<BR>Losses<BR>Included<BR>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign<BR>Exchange<BR>Recognized<BR>in OCI or<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>into<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>out of<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending<BR>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in<BR>Unrealized<BR>(Gains)<BR>Losses for<BR>the Period<BR>Included in<BR>Earnings
for<BR>Liabilities<BR>still&nbsp;held<BR>as&nbsp;of<BR>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Credit derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other payable</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">VIE notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">476</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">406</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(141)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">595</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Transferred in
and out at the end of the period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">118 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Changes in Level&nbsp;3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended
December&nbsp;31, 2016 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,<BR>Beginning<BR>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized<BR>Gains /<BR>(Losses)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Gains /<BR>(Losses)<BR>Included<BR>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign<BR>Exchange<BR>Recognized<BR>in OCI or<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>into<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>out of<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending<BR>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in<BR>Unrealized<BR>Gains<BR>(Losses) for<BR>the Period<BR>Included in<BR>Earnings for<BR>Assets</B><br><B>still held</B><br><B>as
of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable-residential</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(258)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loans receivable-corporate</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(107)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Loan repurchase commitments</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">396</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Currency derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total assets</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,834</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(344)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(109)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(144)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,552</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:6pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:6pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Balance,<BR>Beginning<BR>of Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Realized<BR>(Gains) /<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>(Gains) /<BR>Losses<BR>Included<BR>in<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>(Gains) /<BR>Losses<BR>Included<BR>in OCI</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Foreign<BR>Exchange<BR>Recognized<BR>in OCI or<BR>Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Purchases</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Issuances</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Settlements</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Sales</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>into<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Transfers<BR>out of<BR>Level&nbsp;3<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ending<BR>Balance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change in<BR>Unrealized<BR>(Gains)<BR>Losses for<BR>the Period<BR>Included in<BR>Earnings for<BR>Liabilities<BR>still
held<BR>as&nbsp;of<BR>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Credit derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Other derivatives, net</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Liabilities of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">VIE notes</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,267</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(146)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(631)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">476</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:7pt; font-family:ARIAL">Total liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,531</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(45)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(245)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(631)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(38)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Transferred in
and out at the end of the period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2017, transfers into Level&nbsp;3 and out of Level&nbsp;2 were principally related to CMBS
and corporate obligations, where inputs, which are significant to their valuation, became unobservable during the period. CDOs, CMBS, corporate obligations and other asset-backed comprised the majority of the instruments transferred out of
Level&nbsp;3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and
market corroborated inputs. There were no transfers into or out of Level&nbsp;1. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">119 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the year ended December&nbsp;31, 2016, transfers into Level&nbsp;3 and out of Level&nbsp;2 were principally related
to other asset-backed, CMBS, corporate obligations, state and municipal bonds, and RMBS, where inputs, which are significant to their valuation, became unobservable during the period. State and municipal bonds, corporate obligations and other
asset-backed comprised the majority of the instruments transferred out of Level&nbsp;3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment speeds, default speeds,
default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into or out of Level&nbsp;1. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All
Level&nbsp;1, 2 and 3 designations are made at the end of each accounting period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gains and losses (realized and unrealized) included in earnings relating to
Level&nbsp;3 assets and liabilities for the years ended December&nbsp;31, 2017, 2016 and 2015 are reported on the Company&#146;s consolidated statements of operations as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total Gains (Losses)<BR>Included in Earnings</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Change&nbsp;in&nbsp;Unrealized&nbsp;Gains&nbsp;(Losses)<BR>for&nbsp;the&nbsp;Period&nbsp;Included&nbsp;in&nbsp;Earnings<BR>for&nbsp;Assets&nbsp;and&nbsp;
Liabilities&nbsp;still&nbsp;held&nbsp;as<BR>of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">159</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(43)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Revenues of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">193</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">98</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Fair Value Option </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company elected
to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the changes in fair value included in the Company&#146;s consolidated statements of operations for the years ended December&nbsp;31, 2017,
2016 and 2015 for financial instruments for which the fair value option was elected: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="69%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity securities held at fair <FONT STYLE="white-space:nowrap">value-VIE</FONT><SUP
STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(124)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(146)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(158)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(268)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(246)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other loans<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loan repurchase commitments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes <SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">383</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Reported within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148; on MBIA&#146;s consolidated
statements of operations. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Reported within &#147;Net gains (losses) on financial instruments at fair value and foreign <FONT
STYLE="white-space:nowrap">exchange-VIE&#148;</FONT> on MBIA&#146;s consolidated statements of operations. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">120 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 7: Fair Value of Financial Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual
principal balance outstanding as of December&nbsp;31, 2017 and 2016 for loans and notes for which the fair value option was elected: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Contractual<BR>Outstanding<BR>Principal</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Difference</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Contractual<BR>Outstanding<BR>Principal</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Difference</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable at fair value:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">732</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">727</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">965</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">894</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage loans (90 days or more past due)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">170</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate loans (90 days or more past due)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,394</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">920</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">474</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">150</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total loans receivable at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,296</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,679</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">617</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,258</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,066</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">192</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Variable interest entity notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,882</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,069</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">813</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,449</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,351</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,098</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Medium-term notes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">158</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The difference between the contractual outstanding principal and the fair values on loans receivable, VIE notes and MTNs, in the
preceding table, are primarily attributable to credit risk. This is due to the high rate of defaults on loans and the collateral supporting the VIE notes and the nonperformance risk of the Company on its MTNs, which resulted in depressed pricing of
the financial instruments. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">121 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_314"></A>Note 8: Investments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investments, excluding those elected under the fair value option, include debt and equity securities classified as either AFS or HTM. Other AFS investments primarily
comprise money market funds. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the amortized cost, fair value, corresponding gross unrealized gains and losses and OTTI for AFS and HTM
investments in the Company&#146;s consolidated investment portfolio as of December&nbsp;31, 2017 and 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Gains</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other-Than-<BR>Temporary<BR>Impairments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,317</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,345</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">840</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">857</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,332</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(80)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,277</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(72)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">365</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">362</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,240</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(71)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">179</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(71)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
unrealized gains or losses on OTTI securities recognized in AOCI, which includes the <FONT STYLE="white-space:nowrap">non-credit</FONT> component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in
AOCI. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">122 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Gains</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross<BR>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Other-Than-<BR>Temporary<BR>Impairments<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">909</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">929</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,382</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,439</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,352</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(102)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,270</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">871</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">862</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">45</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">293</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,929</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(148)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,909</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(75)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Money market securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">517</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">517</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Perpetual debt and equity securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,450</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(148)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,431</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(75)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
unrealized gains or losses on OTTI securities recognized in AOCI, which includes the <FONT STYLE="white-space:nowrap">non-credit</FONT> component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in
AOCI. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the distribution by contractual maturity of AFS and HTM fixed-maturity securities at amortized cost and fair value as of
December&nbsp;31, 2017. Contractual maturity may differ from expected maturity as borrowers may have the right to call or prepay obligations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="66%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AFS Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HTM Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated VIEs</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amortized<BR>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due in one year or less</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">674</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">674</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after one year through five years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,159</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after five years through ten years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">601</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">540</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Due after ten years</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,067</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed and asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">757</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">751</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total fixed-maturity investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,240</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deposited and Pledged Securities </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
fair value of securities on deposit with various regulatory authorities as of December&nbsp;31, 2017 and 2016 was $10&nbsp;million and $11&nbsp;million, respectively. These deposits are required to comply with state insurance laws. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the Company&#146;s tax sharing agreement, securities held by MBIA Inc. in the Tax Escrow Account are included as &#147;Investments pledged as collateral, at
fair value&#148; on the Company&#146;s consolidated balance sheets. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">123 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreement obligations require the Company to pledge securities as collateral. Securities pledged in
connection with investment agreements may not be repledged by the investment agreement counterparty. As of December&nbsp;31, 2017 and 2016, the fair value of securities pledged as collateral for these investment agreements approximated
$353&nbsp;million and $416&nbsp;million, respectively. The Company&#146;s collateral as of December&nbsp;31, 2017 consisted principally of U.S. Treasury and government agency and state and municipal bonds, and was primarily held with major U.S.
banks. Additionally, the Company pledged cash and money market securities as collateral under investment agreements of $6&nbsp;million as of December&nbsp;31, 2016. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Impaired Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present the gross
unrealized losses related to AFS and HTM investments as of December&nbsp;31, 2017 and 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Less than 12 Months</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>12&nbsp;Months&nbsp;or&nbsp;Longer</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Fair</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Unrealized</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Fair</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Unrealized</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Fair</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Unrealized</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">353</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">477</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">319</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">425</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(77)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">588</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(80)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">105</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">156</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">261</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,204</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">617</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,821</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Less than 12 Months</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>12&nbsp;Months&nbsp;or&nbsp;Longer</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Losses</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>AFS Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">432</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">432</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">339</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">357</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">534</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(29)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(73)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">586</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(102)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">436</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">122</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">558</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">112</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total AFS investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,872</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(62)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(86)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(148)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>HTM Investments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated VIEs:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total HTM investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">124 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross unrealized losses on AFS investments decreased as of December&nbsp;31, 2017 compared with December&nbsp;31, 2016
primarily due to tightening credit spreads and lower long-term interest rates. Gross unrealized losses on HTM investments decreased as of December&nbsp;31, 2017 compared with December&nbsp;31, 2016 primarily due to tightening credit spreads. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">With the weighting applied on the fair value of each security relative to the total fair value, the weighted average contractual maturity of securities in an unrealized
loss position as of December&nbsp;31, 2017 and 2016 was 12 and 22 years, respectively. As of December&nbsp;31, 2017 and 2016, there were 133 and 46 securities, respectively, that were in an unrealized loss position for a continuous twelve-month
period or longer, of which, fair values of 24 and 12 securities, respectively, were below book value by more than 5%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the distribution
of securities in an unrealized loss position for a continuous twelve-month period or longer where fair value was below book value by more than 5% as of December&nbsp;31, 2017: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AFS Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>HTM Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Percentage of Fair Value</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Below Book Value</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of<BR>Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Book&nbsp;Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of<BR>Securities</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Book&nbsp;Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value<BR>(in&nbsp;millions)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 5% to 15%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 15% to 25%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 25% to 50%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">&gt; 50%</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">192</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company concluded that it does not have the intent to sell securities in an unrealized loss position and it is more likely than not,
that it would not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash flow projections for its investment portfolios, the potential sources and uses of cash in its businesses,
and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plans as of December&nbsp;31, 2017 that would require the sale of impaired securities. Impaired
securities that the Company intends to sell before the expected recovery of such securities&#146; fair values have been written down to fair value. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Other-Than-Temporary Impairments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Evaluating AFS Securities for
OTTI </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of OTTI. This evaluation
includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i)&nbsp;the magnitude and duration of declines in
fair value; (ii)&nbsp;the reasons for the declines in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and
interest payment priorities within each investment structure; and (iii)&nbsp;any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In calculating credit-related losses, the Company uses cash flow modeling based on the type of security. The Company&#146;s cash flow analysis considers all sources of
cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarantors, including MBIA Corp. and National, resulting from an
actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined, is reflected in the Company&#146;s cash flow
analysis for purposes of assessing an OTTI loss on an impaired security. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">125 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Each quarter, an internal committee, comprising staff that is independent of the Company&#146;s evaluation process for
determining OTTI of securities, reviews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&#146;s process for identifying and calculating OTTI, including the use of models and
assumptions, is reasonable and complies with the Company&#146;s internal policy. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Determination of Credit Loss on ABS, MBS and Corporate Obligations </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">ABS investments are evaluated for OTTI using historical collateral performance, deal waterfall and structural protections, credit ratings, and forward looking
projections of collateral performance based on business and economic conditions specific to each collateral type and risk. The underlying collateral is evaluated to identify any specific performance concerns, and stress scenarios are considered in
forecasting ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimated future cash flows are discounted at the security&#146;s effective interest rate used to recognize interest income on
the security. For CDO investments, the Company uses the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to the CDO investment level. If the present value of cash flows is less than the Company&#146;s
amortized cost for the security, the difference is recorded as an OTTI loss. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">RMBS investments are evaluated for OTTI using several quantitative tools. Loan level
data is obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model uses macro inputs, including housing price assumptions and interest rates. The vector outputs are used as inputs to a third-party cash flow
model, which considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The expected cash flows of the security are then discounted at the interest rate used to recognize interest income of the security
to arrive at a present value amount. If the present value of the cash flows is less than the Company&#146;s amortized cost for the investment, the difference is recorded as an OTTI loss. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Corporate obligation investments are evaluated for OTTI using credit analysis techniques. The Company&#146;s analysis includes a detailed review of a number of
quantitative and qualitative factors impacting the value of an individual security. These factors include the interest rate of the security (fixed or floating), the security&#146;s current market spread, any collateral supporting the security, the
security&#146;s position in the issuer&#146;s capital structure, and credit rating upgrades or downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market capitalization, earnings, cash
flow, capitalization, interest coverage, leverage, liquidity, management and a third-party quantitative default probability model. The Company&#146;s analysis is augmented by comparing market prices for similar securities of other issuers in the
same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If the Company determines that a principal default is projected, a recovery analysis is performed using the above data. If the
Company&#146;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an OTTI loss. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, certain
municipal bonds had liquidity concerns, recent credit downgrades and other adverse financial conditions. As a result, the Company placed these bonds on a <FONT STYLE="white-space:nowrap">non-accrual</FONT> basis and recognized an OTTI loss for the
difference between its amortized cost and fair value. This OTTI loss was included in &#147;Investment losses related to other-than-temporary impairments&#148; on the Company&#146;s consolidated statement of operations. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Determination of Credit Loss Guaranteed by the Company on Other Third-Party Guarantors </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company does not recognize OTTI on securities insured by MBIA Corp. and National since those securities, whether or not owned by the Company, are evaluated for
impairments in accordance with its loss reserving policy. Refer to &#147;Note 2: Significant Accounting Policies&#148; included herein for information about the Company&#146;s loss reserving policy and &#147;Note 6: Loss and Loss Adjustment Expenses
Reserves&#148; for information about loss reserves. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">126 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about securities held by the Company as of December&nbsp;31, 2017 that were in
an unrealized loss position and insured by a financial guarantor, along with the amount of insurance loss reserves corresponding to the par amount owned by the Company: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Unrealized<BR>Loss</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance&nbsp;Loss<BR>Reserve<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">93</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">96</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">124</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:7%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes investments insured by MBIA Corp. and National. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:8pt; font-family:ARIAL">(2)&#151;Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Credit Loss Rollforward </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The portion of certain OTTI losses on fixed-maturity
securities that does not represent credit losses is recognized in AOCI. For these impairments, the net amount recognized in earnings represents the difference between the amortized cost of the security and the net present value of its projected
future discounted cash flows prior to impairment. Any remaining difference between the fair value and amortized cost is recognized in AOCI. The following table presents the amount of credit loss impairments recognized in earnings on fixed-maturity
securities held by MBIA as of the dates indicated, for which a portion of the OTTI losses was recognized in AOCI, and the corresponding changes in such amounts. The additional credit loss impairment on securities not previously impaired for the year
ended December&nbsp;31, 2017, primarily related to municipal bonds for which a loss was recognized as the difference between its amortized cost and fair value. The additional credit loss impairments on securities previously impaired for the years
ended December&nbsp;31, 2017, 2016 and 2015, primarily related to a corporate obligation that incurred liquidity concerns, ongoing credit risk and other adverse financial conditions. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.45pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Losses Recognized in Earnings Related to OTTI</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Beginning balance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additions for credit loss impairments recognized in the current period on securities not previously
impaired</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additions for credit loss impairments recognized in the current period on securities previously
impaired</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reductions for credit loss impairments previously recognized on securities sold during the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Reductions for credit loss impairments previously recognized on securities impaired to fair value during the
period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ending balance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">127 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 8: Investments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Sales of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Available-for-Sale</FONT></FONT>
Investments </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Gross realized gains and losses are recorded within &#147;Net gains (losses) on financial instruments at fair value and foreign exchange&#148;
on the Company&#146;s consolidated statements of operations. The proceeds and the gross realized gains and losses from sales of fixed-maturity securities held as AFS for the years ended December&nbsp;31, 2017, 2016 and 2015 are as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Proceeds from sales</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,256</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,412</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,145</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross realized gains</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross realized losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_315"></A>Note 9: Derivative Instruments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s derivative exposure
within its U.S. public finance insurance operations primarily consists of insured interest rate and inflation-linked swaps related to insured U.S. public finance debt issues. These derivatives do not qualify for the financial guarantee scope
exception and are accounted for as derivative instruments. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has entered into derivative instruments primarily consisting of interest rate swaps to manage the risks associated with fluctuations in interest rates
affecting the value of certain assets and liabilities. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has entered into derivative instruments to provide financial guarantee insurance to structured finance transactions that do not qualify for the financial
guarantee scope exception and, therefore, are accounted for as derivatives. These insured CDS contracts, primarily referencing CMBS, are intended to be held for the entire term of the contract unless a settlement with the counterparty is negotiated.
The Company no longer insures new CDS contracts except for transactions related to the restructuring or reduction of existing derivative exposure. The Company&#146;s derivative exposure within its international and structured finance insurance
segment also includes insured interest rate and inflation-linked swaps related to insured debt issues. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has also entered into a derivative contract as a
result of a commutation occurring in 2014. Changes in the fair value of the Company&#146;s <FONT STYLE="white-space:nowrap">non-insured</FONT> derivative are included in &#147;Net gains (losses) on financial instruments at fair value and foreign
exchange&#148; on the Company&#146;s consolidated statements of operations. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Variable Interest Entities </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIEs consolidated by the Company have entered into derivative instruments consisting of cross currency swaps. Cross currency swaps are entered into to manage the
variability in cash flows resulting from fluctuations in foreign currency rates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">128 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 9: Derivative Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Credit Derivatives Sold </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables present information about credit derivatives sold by the Company&#146;s insurance operations that were outstanding as of December&nbsp;31, 2017 and
2016. Credit ratings represent the lower of underlying ratings assigned to the collateral by Moody&#146;s, S&amp;P or MBIA. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9pt" ALIGN="center">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:46.10pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Derivatives Sold</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Expected<BR>Maturity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AAA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>A</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>BBB</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Below<BR>Investment<BR>Grade</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total<BR>Notional</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value<BR>Asset<BR>(Liability)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.0&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(63)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.5&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,818</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total notional</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,818</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">846</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,928</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(63)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(65)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="32"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:46.10pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>$ in millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="30" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="26" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Credit Derivatives Sold</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average<BR>Remaining<BR>Expected<BR>Maturity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AAA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>AA</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>A</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>BBB</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Below<BR>Investment<BR>Grade</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total<BR>Notional</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value<BR>Asset<BR>(Liability)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.8&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">115</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">473</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">588</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(64)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.7&nbsp;Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">732</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,035</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Insured swaps&#151;held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.3 Years</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total notional</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,261</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">493</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,043</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9pt; font-family:ARIAL">Total fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(64)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(66)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Internal credit ratings assigned by MBIA on the underlying collateral are derived by the Company&#146;s surveillance group. In assigning
an internal rating, current status reports from issuers and trustees, as well as publicly available transaction-specific information, are reviewed. Also, where appropriate, cash flow analyses and collateral valuations are considered. The maximum
potential amount of future payments (undiscounted) on insured credit default swaps and insured swaps is estimated as the notional value of such contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA may
hold recourse provisions with third parties in derivative instruments through subrogation rights, whereby if MBIA makes a claim payment, it may be entitled to any rights of the insured counterparty, including the right to any assets held as
collateral. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Counterparty Credit Risk </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages
counterparty credit risk on an individual counterparty basis through master netting agreements covering derivative instruments in the corporate segment. These agreements allow the Company to contractually net amounts due from a counterparty with
those amounts due to such counterparty when certain triggering events occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require
assignment or termination in the event either MBIA or the counterparty is downgraded below a specified credit rating. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">129 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 9: Derivative Instruments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under these agreements, the Company may receive or provide cash, U.S. Treasury or other highly rated securities to
secure counterparties&#146; exposure to the Company or its exposure to counterparties, respectively. Such collateral is available to the holder to pay for replacing the counterparty in the event that the counterparty defaults. As of
December&nbsp;31, 2017, the Company did not hold or post cash collateral to derivative counterparties. As of December&nbsp;31, 2016, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative
counterparties of $1&nbsp;million. The $1&nbsp;million is included within &#147;Other liabilities&#148; as cash collateral netted against accrued interest on derivative liabilities. As of December&nbsp;31, 2017 and 2016, the Company had securities
with a fair value of $237&nbsp;million and $276&nbsp;million, respectively, posted to derivative counterparties and these amounts are included within &#147;Fixed-maturity securities held as <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">available-for-sale,</FONT></FONT> at fair value&#148; on the Company&#146;s consolidated balance sheets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017
and 2016, the fair value on one Credit Support Annex (&#147;CSA&#148;) was $2&nbsp;million and $3&nbsp;million, respectively. This CSA governs collateral posting requirements between MBIA and its derivative counterparties. The Company did not
receive collateral due to the Company&#146;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral. As of December&nbsp;31, 2017 and 2016, the counterparty was rated A1 by Moody&#146;s and A by
S&amp;P. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Financial Statement Presentation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of
amounts recognized for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in accordance
with accounting guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDS and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any
master netting agreements. Counterparty netting of derivative assets and liabilities offsets balances in &#147;Interest rate swaps&#148;, when applicable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
following table presents the total fair value of the Company&#146;s derivative assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral, as of December&nbsp;31, 2017: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="19%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="4" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.45pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative
Assets<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative Liabilities<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivative Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional<BR>Amount<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance&nbsp;Sheet&nbsp;Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance&nbsp;Sheet&nbsp;Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Not designated as hedging instruments:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other&nbsp;assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(63)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,801</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">747</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(193)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">305</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Medium-term notes</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Medium-term notes</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Currency <FONT STYLE="white-space:nowrap">swaps-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other <FONT STYLE="white-space:nowrap">assets-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Derivative&nbsp;liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap">non-designated</FONT> derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(269)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;In accordance
with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#146;s embedded derivative instruments is determined by the location of the related host contract. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">130 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 9: Derivative Instruments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the total fair value of the Company&#146;s derivative assets and liabilities by instrument
and balance sheet location, before counterparty netting and posting of cash collateral, as of December&nbsp;31, 2016: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="19%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" COLSPAN="4" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.45pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative
Assets<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Derivative Liabilities<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Derivative Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Notional<BR>Amount<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance&nbsp;Sheet&nbsp;Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Balance Sheet Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair<BR>Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Not designated as hedging instruments:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">588</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(64)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,035</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Insured swaps&#151;held for sale</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">420</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Assets&nbsp;held&nbsp;for&nbsp;sale</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Liabilities held for sale</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,062</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(213)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest rate swaps-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">376</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Medium-term notes</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Medium-term notes</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Currency <FONT STYLE="white-space:nowrap">swaps-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other <FONT STYLE="white-space:nowrap">assets-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative <FONT STYLE="white-space:nowrap">liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">83</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other assets</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Derivative liabilities</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All <FONT STYLE="white-space:nowrap">other-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other <FONT STYLE="white-space:nowrap">assets-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"><FONT STYLE="white-space:nowrap">Derivative&nbsp;liabilities-VIE</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">All other-embedded</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Other investments</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap">non-designated</FONT> derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,675</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(316)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;In accordance
with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#146;s embedded derivative instruments is determined by the location of the related host contract. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the effect of derivative instruments on the consolidated statements of operations for the years ended December&nbsp;31, 2017, 2016 and 2015:
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="29%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.45pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Location of Gain (Loss) Recognized in Income on
Derivative</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years&nbsp;Ended&nbsp;December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Derivatives Not Designated as</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Hedging Instruments</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2017&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2016&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2015&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Insured credit default swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gains (losses) and other settlements on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(40)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate swaps</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest rate <FONT STYLE="white-space:nowrap">swaps-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign
<FONT STYLE="white-space:nowrap">exchange-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Currency <FONT STYLE="white-space:nowrap">swaps-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign
<FONT STYLE="white-space:nowrap">exchange-VIE</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">All other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(68)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">131 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_316"></A>Note 10: Debt </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Long-Term Debt </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s long-term debt consists of notes and
debentures including accrued interest as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="76%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">6.400% Senior Notes due 2022<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">266</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">7.000% Debentures due 2025</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">7.150% Debentures due 2027</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">6.625% Debentures due 2028</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">5.700% Senior Notes due 2034<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Surplus Notes due 2033<SUP STYLE="font-size:85%; vertical-align:top"> (3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">624</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">506</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Debt issuance costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,986</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:11%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(1)&#151;Callable on or after August&nbsp;15, 2006 at par. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(2)&#151;Callable anytime at the greater of par or the present value of the remaining scheduled payments of principal and interest. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:8pt; font-family:ARIAL">(3)&#151;Contractual interest rate is based on three month LIBOR plus 11.26%. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, National purchased from MBIA Inc., $129&nbsp;million principal amount of MBIA Inc. 5.700% Senior Notes due 2034 that were previously repurchased by MBIA
Inc. and had not been retired. In addition to the preceding table, as of December&nbsp;31, 2017, National owned $264&nbsp;million principal amount of the 5.700% Senior Notes due 2034 and MBIA Inc., through its corporate segment, owned
$13&nbsp;million of MBIA Corp. surplus notes and owned an additional $54&nbsp;million of Senior Notes that were previously repurchased but not retired. These amounts are eliminated on a consolidated basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Interest and principal payments on the surplus notes are subject to prior approval by the NYSDFS. From the January&nbsp;15, 2013 interest payment to the present, MBIA
Corp.&#146;s requests for approval of the note interest payments have been denied by the NYSDFS. MBIA Corp. provides notice to the Fiscal Agent when it does not make a scheduled interest payment. The deferred interest payment will become due on the
first business day on or after which MBIA Corp. obtains approval to make such payment. No interest will accrue on the deferred interest. The surplus notes were callable at par at the option of MBIA Corp. on the fifth anniversary of the date of
issuance, and are callable at par on January&nbsp;15, 2023 and every fifth anniversary thereafter and are callable on any other date at par plus a make-whole amount, subject to prior approval by the Superintendent and other restrictions. The cash
received from the issuance of surplus notes was used for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The aggregate maturities of principal payments of long-term debt obligations in each of the next five years ending December&nbsp;31, and thereafter, are as follows:
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2018</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2019</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2020</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2021</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2022</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Thereafter</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">308</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">573</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Surplus Notes due 2033</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">940</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total debt obligations due</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,248</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,513</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Investment Agreements </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain
investment agreements provide for early termination, including, in some cases, with make-whole payments, upon certain contingent events including the bankruptcy of MBIA Inc. or the commencement of an insolvency proceeding with respect to MBIA Corp.
Upon the occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. All of the investment agreements have been collateralized in accordance with the
contractual terms. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">132 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 10: Debt (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of
December&nbsp;31, 2017, the annual interest rates on these agreements ranged from 4.74% to 6.88% and the weighted average interest rate was 5.75%. As of December&nbsp;31, 2016, the annual interest rates on these agreements ranged from 4.48% to 6.89%
and the weighted average interest rate was 5.66%. Expected principal payments due under these investment agreements in each of the next five years ending December&nbsp;31 and thereafter, based upon contractual maturity dates, are as follows: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="19%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Principal&nbsp;Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter (through 2037)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">328</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expected principal payments<SUP STYLE="font-size:85%; vertical-align:top"> (1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">393</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less discount and other adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">56</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">337</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Amounts reflect principal due at maturity for investment agreements issued at a discount. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes discounts net of carrying amount adjustments of $61&nbsp;million, net of accrued interest of $5&nbsp;million. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Medium-Term Notes </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MTNs are denominated in U.S. dollars or foreign
currencies and accrue interest based on fixed or floating interest rates. Certain MTNs are measured at fair value in accordance with the accounting guidance for hybrid financial instruments. As of December&nbsp;31, 2017, the interest rates of the
MTNs ranged from 0% to 6.00% and the weighted average interest rate was 2.90%. As of December&nbsp;31, 2016, the interest rates of the MTNs ranged from 0% to 6.00% and the weighted average interest rate was 2.43%. During 2017, the Company
repurchased $160&nbsp;million par value outstanding at a cost of approximately 84% of par value of MTNs issued by the Company&#146;s corporate segment. Expected principal payments due under MTN obligations based on their contractual maturity dates
are as follows: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="17%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Principal&nbsp;Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter (through 2036)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">847</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expected principal payments<SUP STYLE="font-size:85%; vertical-align:top"> (1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,065</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less discount and other adjustments<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">765</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Amounts reflect principal due at maturity for notes issued at a discount. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(2)&#151;Includes discounts net of carrying amount adjustments and embedded derivatives of $240&nbsp;million, fair value adjustments of $65&nbsp;million,
net of accrued interest of $5&nbsp;million. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">133 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 10: Debt (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Variable Interest Entity Notes </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">VIE notes are variable interest rate debt instruments that were issued primarily in U.S. dollars by consolidated VIEs within the Company&#146;s international and
structured finance insurance segment. These VIE notes consist of debt instruments issued by issuer-sponsored consolidated VIEs collateralized by assets held by those consolidated VIEs. As of December&nbsp;31, 2017, for VIE notes not accounted for at
fair value, contractual interest rates ranged from 1.85% to 14.00% and the weighted average interest rate was 6.01%. As of December&nbsp;31, 2016, for VIE notes not accounted for at fair value, contractual interest rates ranged from 1.07% to 2.77%
and the weighted average interest rate was 2.25%. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In connection with the Zohar II Claim in January of 2017, MBIA Corp. entered into the Facility. The initial
outstanding principal amount of the Facility was $366&nbsp;million, of which, $38&nbsp;million of subordinated financing was provided by MBIA Inc. and eliminated in consolidation. As of December&nbsp;31, 2017, the consolidated outstanding amount of
the Facility was $330&nbsp;million. Under the Facility, MBIA Inc. has agreed to provide an additional $50&nbsp;million subordinated financing to MZ Funding, which MZ Funding would then lend to MBIA Corp., if needed by MBIA Insurance Corporation for
liquidity purposes. The Facility is secured by a first priority security interest in all of MBIA Corp.&#146;s right, title and interest in the recovery of its claims from the assets of Zohar I and Zohar II which include, among other things, loans
made to, and equity interests in, companies purportedly controlled by the Zohar Sponsor and any claims that the Company may have against the Zohar Sponsor. MBIA Corp. was obligated to pay a commitment fee of $10&nbsp;million for this facility. The
Facility matures on January&nbsp;20, 2020 and bears interest at 14%&nbsp;per annum. If funds received from MBIA Corp. under the Facility are insufficient to pay interest on interest payment dates, MZ Funding may elect to pay interest in kind, which
increases the outstanding principal amount. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The maturity of the Company&#146;s international and structured finance insurance segment&#146;s VIE notes, as of
December&nbsp;31, 2017 is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="18%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Principal&nbsp;Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Maturity date:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2018</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">203</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2019</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">147</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2020</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">485</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2022</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Thereafter (through 2052)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,206</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">2,289<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:10%">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; font-size:8pt; font-family:ARIAL">(1)&#151;Includes $1.1&nbsp;billion of VIE notes accounted for at fair value as of December&nbsp;31, 2017. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_317"></A>Note 11: Income Taxes </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Income (loss) from
operations before provision (benefit) for income taxes consisted of: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="75%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Domestic</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(638)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(362)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">303</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(23)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">134 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 11: Income Taxes (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The
Company also files tax returns in Spain, Mexico, and various state and local jurisdictions. Income tax expense (benefit) on income (loss) and shareholders&#146; equity consisted of: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="75%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2017&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2016&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;2015&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Current taxes:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred taxes:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">945</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income taxes charged (credited) to shareholders&#146; equity related to:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in unrealized gains (losses) on AFS securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in AFS securities with OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in foreign currency translation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Share-based compensation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total income taxes charged (credited) to shareholders&#146; equity</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(35)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total effect of income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">965</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A reconciliation of the U.S. federal statutory tax rate of 35% to the Company&#146;s effective income tax rate for the years ended
December&nbsp;31, 2017, 2016 and 2015 is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Federal income tax computed at the statutory rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Increase (reduction) in taxes resulting from:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Tax Reform/Change in Tax Rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(71.4)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Mark-to-market</FONT></FONT> on
warrants</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.5)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.2)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Change in valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(116.9)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2.2)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nondeductible compensation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1.4)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred inventory adjustments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign Taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basis difference in foreign subsidiary</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(33.0)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(0.3)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effective tax rate</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(142.8)%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Deferred Tax Asset, Net of Valuation Allowance </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax
returns. Deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to
reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount that more likely than
not will be realized. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">135 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 11: Income Taxes (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The tax effects of temporary differences that give rise to deferred tax assets and liabilities as of December&nbsp;31,
2017 and 2016 are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred tax liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unearned premium revenue</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">75</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferral of cancellation of indebtedness income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">46</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred acquisition costs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">42</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized gains in accumulated other comprehensive income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Partnership basis difference</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basis difference in foreign subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net deferred taxes on VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross deferred tax liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">362</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred tax assets:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Compensation and employee benefits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accrued interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">131</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loss and loss adjustment expense reserves</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net operating loss</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">582</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">929</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign tax credits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized losses on insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net unrealized losses in accumulated other comprehensive income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Alternative minimum tax credit carryforward</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total gross deferred tax assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">930</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,339</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Valuation allowance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">770</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net deferred tax asset</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">970</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;26, 2017, S&amp;P downgraded the financial strength rating of National, which led the Company to cease its efforts to
actively pursue writing new financial guarantee business. In addition to National&#146;s cessation of new business activity, there was an increase in loss and LAE due to changes in assumptions on certain Puerto Rico credits. As a result of the
increase in loss and LAE, the Company has a three-year cumulative loss, which is considered significant negative evidence in the assessment of its ability to use its deferred tax assets. In addition, the Company considered all available positive and
negative evidence as required by GAAP, to estimate if sufficient taxable income will be generated to use its deferred tax assets. After considering all positive and negative evidence, including the Company&#146;s inability to objectively identify
and forecast future sources of taxable income, the Company concluded in the second quarter of 2017 it did not have sufficient positive evidence to support its ability to use its deferred tax assets before they would expire. Accordingly, the Company
has a full valuation allowance against its net deferred tax asset of $770&nbsp;million in 2017. The Company will continue to analyze the valuation allowance on a quarterly basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On December&nbsp;22, 2017, the President of the United States signed into law the Act, which among other items reduces the federal corporate tax rate to 21% effective
January&nbsp;1, 2018. As a result, during the fourth quarter of 2017, the Company revalued its net tax deferred tax asset using the newly enacted tax rate of 21% and recorded a $472&nbsp;million reduction to both its net deferred tax asset and
valuation allowance. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">136 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 11: Income Taxes (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s revaluation of its net deferred tax asset is subject to further clarifications of the new law that
cannot be estimated at this time. However, as further clarification of the new law is determined, any adjustment would be offset with a valuation allowance resulting in no change to the Company&#146;s net deferred tax asset. The Company does not
anticipate future cash expenditures as a result of the reduction to its net deferred tax asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the Act, NOLs of property and casualty insurance companies
retain their current <FONT STYLE="white-space:nowrap">two-year</FONT> carryback and <FONT STYLE="white-space:nowrap">20-year</FONT> carryforward periods and will not be subject to the 80&nbsp;percent taxable income limitation and indefinite lived
carryforward period applicable to general corporate NOLs. Therefore, NOLs generated after 2017 by the Company&#146;s insurance companies and <FONT STYLE="white-space:nowrap">non-insurance</FONT> companies will be treated differently under the Act.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Due to held for sale accounting of MBIA UK as of December&nbsp;31, 2016, $36&nbsp;million of deferred tax liabilities has been reported within &#147;Liabilities
held for sale&#148; on the Company&#146;s consolidated balance sheet. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Tax Sharing Agreement </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has a tax sharing agreement among its members effective January&nbsp;1, 1987. The agreement was amended and restated effective September&nbsp;8, 2011 to
change the method of calculating each domestic insurer&#146;s tax liability to the method permitted by paragraph 3(a) of Department Circular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and
<FONT STYLE="white-space:nowrap">non-disapproval</FONT> pursuant to Section&nbsp;1505 of the New York Insurance Law. Refer to &#147;Note 2: Significant Accounting Policies&#148; for further discussion on the Company&#146;s tax sharing agreement.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&#151;&#147;Accounting for Income Taxes&#151;Special Areas&#148; </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, the Company sold MBIA UK and reversed any deferred income taxes with respect to the differences in the book and tax basis in the Company&#146;s carrying
value of MBIA UK. The Company&#146;s amount of undistributed earnings of certain foreign subsidiaries was not material as of December&nbsp;31, 2017. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Accounting for Uncertainty in Income Taxes </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s policy
is to record and disclose any change in UTB and related interest and/or penalties to income tax in the consolidated statements of operations. The Company includes interest as a component of income tax expense. As of December&nbsp;31, 2017 and 2016,
the Company had no UTB. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Federal income tax returns through 2011 have been examined or surveyed. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, the Company&#146;s NOL is approximately $2.8&nbsp;billion. The NOL will expire between tax years 2031 through 2037. As of
December&nbsp;31, 2017, the Company has a foreign tax credit carryforward of $62&nbsp;million, which will expire between tax years 2019 through 2027. As of December&nbsp;31, 2017, the Company has an alternative minimum tax (&#147;AMT&#148;) credit
carryforward of $30&nbsp;million, which does not expire. As a result of tax reform, AMT credits are now fully refundable no later than 2022. The AMT credit has been reclassed out of the deferred tax asset and into other assets as the AMT credits are
now a receivable. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_318"></A>Note 12: Business Segments </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As defined by segment reporting, an operating segment is a component of a company (i)&nbsp;that engages in business activities from which it earns revenue and incurs
expenses, (ii)&nbsp;whose operating results are regularly reviewed by the Chief Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&nbsp;for which
discrete financial information is available. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company manages its businesses across three operating segments: 1) U.S. public finance insurance; 2) corporate;
and 3) international and structured finance insurance. The Company&#146;s U.S. public finance insurance business is operated through National and its international and structured finance insurance business is operated through MBIA Corp. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">137 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following sections provide a description of each of the Company&#146;s reportable operating segments. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>U.S. Public Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s U.S. public finance
insurance portfolio is managed through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. public finance insured
obligations when due. The obligations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National&#146;s guarantees insure municipal bonds,
including <FONT STYLE="white-space:nowrap">tax-exempt</FONT> and taxable indebtedness of U.S. political subdivisions, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities
and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported
by taxes, assessments, fees or tariffs related to the use of these projects, lease payments or other similar types of revenue streams. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Corporate </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s corporate segment consists of general corporate activities, including providing support services to MBIA Inc.&#146;s subsidiaries as well as asset and
capital management. Support services are provided by the Company&#146;s service company, MBIA Services Corporation, and include, among others, management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on
a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">fee-for-service</FONT></FONT> basis. Capital management includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, MBIA Global Funding, LLC
(&#147;GFL&#148;) and MBIA Investment Management Corp. (&#147;IMC&#148;). MBIA Inc. issued debt to finance the operations of the MBIA group. GFL raised funds through the issuance of MTNs with varying maturities, which were in turn guaranteed by MBIA
Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp., for bond proceeds and other public funds for such purposes as construction, loan
origination, escrow and debt service or other reserve fund requirements. The Company has ceased issuing new MTNs and investment agreements and the outstanding liability balances and corresponding asset balances have declined over time as liabilities
matured, terminated or were called or repurchased. All of the debt within the corporate segment is managed collectively and is serviced by available liquidity. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>International and Structured Finance Insurance </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company&#146;s
international and structured finance insurance segment is principally conducted through MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guarantees of the payment of principal of, and interest
or other amounts owing on, <FONT STYLE="white-space:nowrap">non-U.S.</FONT> public finance and global structured finance insured obligations when due, or in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligations
upon default or otherwise. MBIA Corp. insures the investment contracts written by MBIA Inc., and if MBIA Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. insures
debt obligations of the following affiliates: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">MBIA Inc.; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">GFL; </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">IMC; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">LaCrosse Financial Products, LLC, a wholly-owned affiliate, to which MBIA Insurance Corporation has written insurance policies guaranteeing the obligations under CDS. Certain policies cover payments potentially due
under CDS, including termination payments that may become due in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS or derivatives contracts by the insured counterparty or by the&nbsp;guarantor.
</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">138 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 12: Business Segments (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Corp. insures <FONT STYLE="white-space:nowrap">non-U.S.</FONT> public finance and global structured finance
obligations, including asset-backed obligations. MBIA Corp. has insured sovereign-related and <FONT STYLE="white-space:nowrap">sub-sovereign</FONT> bonds, utilities, privately issued bonds used for the financing of projects that include toll roads,
bridges, airports, public transportation facilities, and other types of infrastructure projects serving a substantial public purpose. Global structured finance and asset-backed obligations typically are securities repayable from expected cash flows
generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft and real estate property. MBIA
Corp. has also written policies guaranteeing obligations under certain other derivative contracts, including termination payments that may become due upon certain insolvency or payment defaults of the financial guarantor or the issuer. The Company
is no longer insuring new credit derivative contracts except for transactions related to the restructuring or reduction of existing derivative exposure. MBIA Corp. has not written any meaningful amount of business since 2008. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Segments Results </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following tables provide the Company&#146;s
segment results for the years ended December&nbsp;31, 2017, 2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="53%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.<BR>Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">370</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(51)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(32)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(17)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(106)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">185</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">44</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(127)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">200</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">82</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(127)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">433</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">499</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">184</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">683</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">81</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">85</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(130)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">607</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">151</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">466</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(130)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,094</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(407)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(188)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(661)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(152)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">556</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,143</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(603)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(255)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(625)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,331)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">606</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,582</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,312</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,404</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(2,203)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,095</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents the
sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents
intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Consists of
intercompany reinsurance balances and repurchase agreements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">139 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 12: Business Segments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.<BR>Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">335</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">121</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">480</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">84</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(279)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(282)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(131)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">427</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(69)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(131)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">294</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">74</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">146</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">220</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">80</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">177</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">197</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">400</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(125)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">633</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(469)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(339)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(52)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">176</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(93)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(417)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,077</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,479</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6,486</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(2,905)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11,137</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents the
sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents
intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Consists of
intercompany deferred income taxes, reinsurance balances and repurchase agreements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">140 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 12: Business Segments (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="18" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Year Ended December&nbsp;31, 2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>U.S.<BR>Public<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Corporate</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>International<BR>and&nbsp;Structured<BR>Finance<BR>Insurance</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Eliminations</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Consolidated</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">389</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">114</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">530</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net change in fair value of insured derivatives</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Revenues of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">128</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment revenues<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(164)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">425</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(164)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">853</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Losses and loss adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">123</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">190</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">97</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">102</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">199</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Expenses of consolidated VIEs</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Inter-segment expenses<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">89</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(160)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">409</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(160)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">564</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Income (loss) before income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">291</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(14)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">289</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">191</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:ARIAL">Identifiable assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">5,265</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,599</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9,870</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD VALIGN="bottom" ALIGN="right">(2,898)<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14,836</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents the
sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents
intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Consists of
intercompany deferred income taxes, reinsurance balances and repurchase agreements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Premiums on financial guarantees and insured derivatives reported within the
Company&#146;s insurance segments are generated within and outside the U.S. The following table summarizes premiums earned on financial guarantees and insured derivatives by geographic location of risk for the years ended December&nbsp;31, 2017,
2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">169</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">238</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">310</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">United Kingdom</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Europe (excluding United Kingdom)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Internationally diversified</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other Americas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asia</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">202</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">304</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">385</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">141 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_319"></A>Note 13: Insurance in Force </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, mortgage-backed and other <FONT
STYLE="white-space:nowrap">non-municipal</FONT> securities including CDS contracts. The Company&#146;s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owing on, insured obligations. The
Company&#146;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the insured obligation is represented by the insurance in force in the tables that follow. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The financial guarantees issued by the Company provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing
on, insured obligations when due. The obligations are generally not subject to acceleration, except in the event the Company has the right, at its discretion, to accelerate insured obligations upon default or otherwise. Payments to be made by the
issuer on the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collateral would typically become
National&#146;s or MBIA Corp.&#146;s upon the payment of a claim by either National or MBIA Corp. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, insurance in force, which
represents principal and interest or other amounts owing on insured obligations, had an expected maturity range of 1 to 40 years. The distribution of MBIA Corp.&#146;s and National&#146;s combined insurance in force by geographic location, excluding
financial obligations guaranteed by MBIA Corp. on behalf of affiliated companies, is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:43.90pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>$ in billions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Geographic Location</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>% of<BR>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">California</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">42.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Illinois</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">New York</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Puerto Rico</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">New Jersey</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Texas</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Hawaii</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Virginia</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Florida</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.5%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Oregon</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.8%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Subtotal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Nationally Diversified</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">20.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other states</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">37.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">143.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">92.6%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">205.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Internationally Diversified</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Country specific</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.1%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">29.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.7%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap">non-United</FONT> States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.4%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.9%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;154.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">&nbsp;&nbsp;&nbsp;&nbsp;235.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100.0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">142 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 13: Insurance in Force (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The insurance in force and insured gross par outstanding by type of bond, excluding financial obligations guaranteed by
MBIA Corp. on behalf of affiliated companies, are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="14" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>As of December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:43.90pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>$ in billions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Bond type</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross&nbsp;Par<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Insurance<BR>in Force</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Gross&nbsp;Par<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public finance&#151;United States:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General obligation<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">42.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">22.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">64.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">38.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">General obligation&#151;lease</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap">Tax-backed</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">12.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Higher education</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Health care</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Military housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investor-owned utilities<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal housing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top"> (3)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total United States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">134.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">191.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">110.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global public <FONT STYLE="white-space:nowrap">finance&#151;non-United</FONT> States:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">International utilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Sovereign-related and <FONT STYLE="white-space:nowrap">sub-sovereign</FONT><SUP
STYLE="font-size:85%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Transportation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other<SUP STYLE="font-size:85%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total <FONT STYLE="white-space:nowrap">non-United</FONT> States</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global public finance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">79.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">220.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">129.8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Global structured finance:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations<SUP STYLE="font-size:85%; vertical-align:top">(6)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed residential</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed commercial</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Consumer asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate asset-backed<SUP STYLE="font-size:85%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total global structured finance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10.7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">7.3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11.4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">154.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">87.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">235.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">141.2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes
general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes investor owned utilities, industrial development and pollution control revenue bonds. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(3)&#151;Includes certain <FONT STYLE="white-space:nowrap">non-profit</FONT> enterprises, stadium related financing and student loans. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(4)&#151;Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or
department. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(5)&#151;Includes municipal owned entities backed by sponsoring local government and tax backed transactions. </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(6)&#151;Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit
risk, cash flow waterfalls, or interest and over-collateralization coverage tests. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(7)&#151;As of December&nbsp;31, 2017, includes structured insurance
securitizations of $2.3&nbsp;billion and $1.1&nbsp;billion of insurance in force and gross par amount, respectively. As of December&nbsp;31, 2016, includes structured insurance securitizations of $2.6&nbsp;billion and $1.3&nbsp;billion of insurance
in force and gross par amount, respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Included in the preceding tables, as of December&nbsp;31, 2016, were $18.6&nbsp;billion of insurance in force and
$12.0&nbsp;billion of insured gross par outstanding related to MBIA UK, which was sold to Assured in January of 2017. Refer to &#147;Note 1: Business Developments and Risks and Uncertainties&#148; for a discussion on the sale of MBIA UK. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">143 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 13: Insurance in Force (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Affiliated Financial Obligations Insured by MBIA Corp. </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreement contracts and MTNs issued by the Company&#146;s corporate segment and the Facility issued by the Company&#146;s international and structured finance
insurance segment are insured by MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient assets to pay amounts due, MBIA Corp. would be obligated to make such payments under its insurance
policies. As of December&nbsp;31, 2017, the maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $2.2&nbsp;billion. These guarantees, which have a maturity range of 1 to 20 years, were entered into on
an arm&#146;s length basis. MBIA Corp. has both direct recourse provisions and subrogation rights in these transactions. If MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek
reimbursement from such affiliate and to liquidate any collateral to recover amounts paid under the guarantee. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Reinsured Exposure </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Reinsurance enables the Company to cede exposure for purposes of syndicating risk. The Company generally retains the right to reassume the business ceded to reinsurers
under certain circumstances, including a reinsurer&#146;s rating downgrade below specified thresholds. At this time, the Company does not intend to utilize reinsurance to decrease the insured exposure in its portfolio. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish trust accounts to cover liabilities ceded to such reinsurers under
reinsurance contracts. The Company remains liable on a primary basis for all reinsured risk. MBIA believes that its reinsurers remain capable of meeting their obligations, although, there can be no assurance of such in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The aggregate amount of insurance in force ceded by MBIA to reinsurers was $5.1&nbsp;billion and $7.6&nbsp;billion as of December&nbsp;31, 2017 and 2016, respectively.
Included in the reinsurance insurance in force as of December&nbsp;31, 2016 was $267&nbsp;million related to MBIA UK. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, the aggregate
amount of insured par outstanding ceded by MBIA to reinsurers under reinsurance agreements was $2.7&nbsp;billion compared with $4.2&nbsp;billion as of December&nbsp;31, 2016. As of December&nbsp;31, 2017, $2.1&nbsp;billion of the ceded par
outstanding was ceded from the Company&#146;s U.S. public finance insurance segment and $593&nbsp;million was ceded from the Company&#146;s international and structured finance insurance segment. Under National&#146;s reinsurance agreement with MBIA
Corp., if a reinsurer of MBIA Corp. is unable to pay claims ceded by MBIA Corp. on U.S. public finance exposure, National will assume liability for such ceded claim payments. The following table presents information about the Company&#146;s
reinsurance agreements as of December&nbsp;31, 2017 for its U.S. public finance and international and structured finance insurance operations. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.45pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Reinsurers</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Standard&nbsp;&amp;<BR>Poor&#146;s&nbsp;Rating<BR>(Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Moody&#146;s&nbsp;Rating<BR>(Status)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Ceded&nbsp;Par<BR>Outstanding</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Letters of<BR>Credit/Trust<BR>Accounts</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Reinsurance<BR>Recoverable<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Re Ltd.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">WR<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,321</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable&nbsp;Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assured Guaranty Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,031</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable&nbsp;Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Overseas Private</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">AA+</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">Aaa</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">281</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">(Stable Outlook)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Others</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">A+ or above</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center">WR<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">91</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,724</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Total
reinsurance recoverable is primarily related to recoverables on unpaid losses. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Represents a withdrawal of ratings. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">144 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 13: Insurance in Force (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Premium Summary </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
components of financial guarantee net premiums earned, including premiums assumed from and ceded to other companies, are presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2017&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2016&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&nbsp;&nbsp;&nbsp;&nbsp;2015&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net premiums earned:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Direct</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">205</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">305</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">379</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assumed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gross</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">207</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">307</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Ceded</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">201</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">372</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2017 and 2016, payments received for claims related to financial guarantee policies under
reinsurance contracts totaled $4&nbsp;million and $12&nbsp;million, respectively. Ceding commissions from reinsurance, before deferrals and net of returned ceding commissions, were $1&nbsp;million for each of the years ended December&nbsp;31, 2017,
2016, and 2015. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_320"></A>Note 14: Insurance Regulations and Dividends </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">National and MBIA Insurance Corporation are subject to insurance regulations and supervision of the State of New York (their state of incorporation) and all U.S. and <FONT
STYLE="white-space:nowrap">non-U.S.</FONT> jurisdictions in which they are licensed to conduct insurance business. In order to maintain their New York State financial guarantee insurance license, National and MBIA Insurance Corporation are required
to maintain a minimum of $65&nbsp;million of policyholders&#146; surplus. MBIA Mexico is regulated by the Comisi&oacute;n Nacional de Seguros y Fianzas in Mexico. The extent of insurance regulation and supervision varies by jurisdiction, but New
York and most other jurisdictions have laws and regulations prescribing minimum standards of solvency and business conduct, which must be maintained by insurance companies. Among other things, these laws prescribe permitted classes and
concentrations of investments and limit both the aggregate and individual securities risks that National and MBIA Insurance Corporation may insure on a net basis based on the type of obligations insured. In addition, some insurance laws and
regulations require the approval or filing of policy forms and rates. National and MBIA Insurance Corporation are required to file detailed annual financial statements with the NYSDFS. The operations and accounts of National and MBIA Insurance
Corporation are subject to examination by regulatory agencies at regular intervals. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Statutory Capital and Regulations </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For the years ended December&nbsp;31, 2017 and 2016, National had a
statutory net loss of $321&nbsp;million and statutory net income of $192&nbsp;million, respectively. As of December&nbsp;31, 2017, National&#146;s statutory capital was $2.8&nbsp;billion, consisting of policyholders&#146; surplus of
$2.2&nbsp;billion and contingency reserves of $594&nbsp;million. As of December&nbsp;31, 2016, National had statutory capital of $3.5&nbsp;billion. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA
Insurance Corporation </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017, MBIA Insurance Corporation&#146;s statutory capital was $464&nbsp;million, consisting of policyholders&#146;
surplus of $237&nbsp;million and contingency reserve of $227&nbsp;million. As of December&nbsp;31, 2016, MBIA Insurance Corporation had statutory capital of $492&nbsp;million. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of December&nbsp;31, 2017 and 2016, MBIA Insurance Corporation was in compliance with its aggregate risk limits under the NYIL, but was not in compliance with
certain of its single risk limits. If new overages occur with respect to its single risk limits, MBIA Insurance Corporation will report them to the NYSDFS. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">145 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 14: Insurance Regulations and Dividends (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to provide protection to
policyholders in the event of extreme losses in adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding,
refinancings and certain insured securities). Under NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and 50% of its loss reserves and unearned premium reserves, in certain qualifying assets. As of
December&nbsp;31, 2017, MBIA Insurance Corporation maintained its minimum requirement of policyholders&#146; surplus but did not have enough qualifying assets to support its contingency reserves and 50% of its loss reserves and unearned premium
reserves. Not having enough qualifying assets to support its contingency reserves limits the amount of earned surplus that might otherwise be available for the payment of dividends. Reductions in the contingency reserve may be recognized based on
excess reserves and under certain stipulated conditions, subject to the approval of the Superintendent of the NYSDFS. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under NYIL, MBIA Insurance Corporation is
required to maintain admitted assets greater than the aggregate amount of liabilities and outstanding capital stock. As of December&nbsp;31,2017, MBIA Insurance Corporation&#146;s admitted assets did not exceed the aggregate amount of its
liabilities and outstanding capital stock. If MBIA Insurance Corporation is not in compliance with the above mentioned requirements, the NYSDFS may prevent MBIA Insurance Corporation from transacting any new financial guarantee insurance business
until it no longer exceeds the limitations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Results of operations for MBIA Insurance Corporation determined in accordance with statutory accounting practices for
the years ended December&nbsp;31, 2017 and 2016 were statutory net income of $107&nbsp;million and a statutory net loss of $323&nbsp;million, respectively. For the year ended December&nbsp;31, 2016, MBIA Insurance Corporation recorded a loss of
$114&nbsp;million to adjust the carrying value of MBIA UK to its estimated fair value less costs to sell. In addition, MBIA Insurance Corporation&#146;s policyholders&#146; surplus was negatively impacted as of December&nbsp;31, 2016 by
$112&nbsp;million, as it was not permitted to treat the portion of its investment in subsidiaries in excess of 60% of net admitted assets less the par value of common and preferred stock and liabilities as an admitted asset, as required under NYIL.
MBIA Insurance Corporation&#146;s policyholders&#146; surplus as of December&nbsp;31, 2017 and 2016 included negative unassigned surplus of $1.8&nbsp;billion. MBIA Insurance Corporation&#146;s policyholders&#146; surplus may be further negatively
impacted if future additional insured losses are incurred. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Dividends </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">NYIL regulates the payment of dividends by financial guarantee insurance companies and provides that such companies may not declare or distribute dividends except out of
statutory earned surplus. Under NYIL, the sum of (i)&nbsp;the amount of dividends declared or distributed during the preceding <FONT STYLE="white-space:nowrap">12-month</FONT> period and (ii)&nbsp;the dividend to be declared may not exceed the
lesser of (a)&nbsp;10% of policyholders&#146; surplus, as reported in the latest statutory financial statements or (b)&nbsp;100% of adjusted net investment income for such <FONT STYLE="white-space:nowrap">12-month</FONT> period (the net investment
income for such <FONT STYLE="white-space:nowrap">12-month</FONT> period plus the excess, if any, of net investment income over dividends declared or distributed during the <FONT STYLE="white-space:nowrap">two-year</FONT> period preceding such <FONT
STYLE="white-space:nowrap">12-month</FONT> period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding that the insurer will retain sufficient surplus to support its obligations. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2017 and 2016, National declared and paid dividends of $118&nbsp;million to its ultimate parent, MBIA Inc. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In 2017, MBIA Insurance Corporation did not declare or pay any dividends to MBIA Inc. or the holders of its preferred stock. MBIA Insurance Corporation is currently
unable to pay dividends, including those related to its preferred stock, as a result of its earned surplus deficit as of December&nbsp;31, 2017 and is not expected to have any statutory capacity to pay any dividends in the near term. In connection
with MBIA Insurance Corporation obtaining approval from the NYSDFS to release excess contingency reserves in previous periods, MBIA Insurance Corporation agreed that it would not pay any dividends without prior approval from the NYSDFS. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">146 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_321"></A>Note 15: Pension and Profit Sharing Plans </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains a qualified <FONT STYLE="white-space:nowrap">non-contributory</FONT> defined contribution pension plan to which the Company contributes 10% of each
eligible employee&#146;s annual compensation. Annual compensation for determining such contributions consists of base salary and bonus, as applicable, up to a maximum of $2&nbsp;million in 2017. Pension benefits vest over a five-year period with 20%
vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. The Company funds the annual pension contribution by the following February of each applicable year. Pension expense related to the
Company&#146;s qualified pension plan for the years ended December&nbsp;31, 2017, 2016 and 2015 was $2&nbsp;million, $1&nbsp;million, and $3&nbsp;million, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that allows eligible employees to defer compensation for
federal income tax purposes under Section&nbsp;401(k) of the Internal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to 25% of eligible compensation. The Company matches employee contributions up to the
first 5% of such compensation. The 401(k) matching contributions are made in the form of cash, whereby participants may direct the Company match to an investment of their choice. The 401(k) matching benefits vest over a five-year period with 20%
vested after two years, 60% vested after three years, 80% vested after four years and 100% vested after five years. Generally, a participating employee is entitled to distributions from the plans upon termination of employment, retirement, death or
disability. Participants who qualify for distribution may receive a single lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a series of specified installment payments. Profit sharing/401(k) expense
related to the Company&#146;s qualified plan for the years ended December&nbsp;31, 2017, 2016 and 2015 was $1&nbsp;million, $1&nbsp;million and $2&nbsp;million, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In addition to the above two plans, the Company maintains a <FONT STYLE="white-space:nowrap">non-qualified</FONT> deferred compensation plan. Contributions to the above
qualified plans that exceed limitations established by federal regulations are then contributed to the <FONT STYLE="white-space:nowrap">non-qualified</FONT> deferred compensation plan. The <FONT STYLE="white-space:nowrap">non-qualified</FONT>
pension expense for the years ended December&nbsp;31, 2017, 2016 and 2015 was $2&nbsp;million, $2&nbsp;million and $1&nbsp;million, respectively. The <FONT STYLE="white-space:nowrap">non-qualified</FONT> profit sharing/401(k) expense for each of the
years ended December&nbsp;31, 2017, 2016 and 2015 was $1&nbsp;million. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_322"></A>Note 16: Long-term Incentive Plans </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Plan Description </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains the MBIA Inc. 2005 Omnibus
Incentive Plan (the &#147;Omnibus Plan&#148;), as amended on May&nbsp;7, 2009 and May&nbsp;1, 2012. Under the Omnibus Plan a maximum of 14,000,000 shares of the Company&#146;s common stock can be used for any type of award including stock options,
performance shares, performance units, restricted stock, restricted stock units and dividend equivalents. Any shares issued under the Omnibus Plan in connection with stock options shall be counted against this limit as 1 share covered by such
option. For all awards other than stock options, any shares issued shall be counted against this limit as 1.28 shares for every share issued after the May&nbsp;1, 2012 amendment and two shares for every share issued prior to the May&nbsp;1, 2012
amendment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of common stock of the
Company or to benefit from appreciation in the price of the common stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the date of the
grant. Options granted will either be Incentive Stock Options (&#147;ISOs&#148;) that qualify under Section&nbsp;422(a) of the Internal Revenue Code, or <FONT STYLE="white-space:nowrap">Non-Qualified</FONT> Stock Options (&#147;NQSOs&#148;). ISOs
and NQSOs are granted at a price not less than 100% of the fair value, defined as the closing price on the grant date, of the Company&#146;s common stock. Options are exercisable as specified at the time of grant depending on the level of the
recipient (generally five years) and expire either seven or ten years from the date of grant (or shorter if specified or following termination of employment). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under the restricted stock component of the Omnibus Plan, certain employees are granted restricted shares of the Company&#146;s common stock. These awards have a
restriction period lasting three to five years depending on the type of award, after which time the awards fully vest. During the vesting period, these shares may not be sold. Restricted stock may be granted to all employees.</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">147 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 16: Long-term Incentive Plans (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There were 6,207,299 shares available for future grants under the Omnibus Plan as of December&nbsp;31, 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In accordance with accounting guidance for share-based payments, the Company expenses the fair value of employee stock options and other forms of stock-based
compensation. In addition, the guidance classifies share-based payment awards as either liability awards, which are remeasured at fair value at each balance sheet date, or equity awards, which are measured on the grant date and not subsequently
remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a fixed dollar amount are classified as liability awards, and changes in fair value will be reported in earnings. Awards with <FONT
STYLE="white-space:nowrap">net-settlement</FONT> features or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in fair value are not reported in earnings. The Company&#146;s long-term incentive
plans include features which result in equity awards. In addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination information to estimate the forfeiture rate applied to current stock-based
awards. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company maintains voluntary retirement benefits, which provide certain benefits to eligible employees of the Company upon retirement. A description of
these benefits is included in the Company&#146;s proxy statement. One of the components of the retirement program for those employees that are retirement eligible is to continue to vest all performance-based stock options and restricted share awards
beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding time-based stock options and restricted share grants. The accounting guidance for share-based payment requires compensation costs for
those employees to be recognized from the date of grant through the retirement eligible date. Accelerated expense, if any, relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the
compensation expense amounts. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Restricted Stock </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The fair value of
the restricted shares awarded, net of cancellations, determined on the grant date was $6&nbsp;million and $5&nbsp;million for 2017 and 2016, respectively. The amount of unearned compensation, net of estimated forfeitures, was $5&nbsp;million as of
December&nbsp;31, 2017, which is expected to be recognized as expense over a weighted average period of 2.3 years. Unearned compensation is amortized to expense over the appropriate three to five-year vesting period. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Compensation expense related to the restricted shares, net of estimated forfeitures, was $10&nbsp;million, $16&nbsp;million and $20&nbsp;million for the years ended
December&nbsp;31, 2017, 2016 and 2015, respectively. There was no tax charge related to the restricted share awards during 2017 after consideration of the Company&#146;s valuation allowance. The tax charge related to the restricted share awards
during 2016 and 2015 was $1&nbsp;million and, $2&nbsp;million respectively. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">A summary of the Company&#146;s restricted shares outstanding as of December&nbsp;31,
2017, 2016 and 2015, and changes during the years ended on those dates, is presented in the following table: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="22" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Restricted Share Activity</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,916,661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.3553</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,727,319</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.9302</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,358,826</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.0047</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Granted</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">708,529</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.3740</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">756,381</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.2722</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">481,636</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.8012</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Vested</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,051,657)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.9732</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(917,039)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13.6196</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,112,343)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">9.8988</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Forfeited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,180,555)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8.2912</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(650,000)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6.2601</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(800)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.0500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,392,978</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.6142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,916,661</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.3553</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,727,319</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">9.9302</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">148 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 16: Long-term Incentive Plans (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Stock Options </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The
Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no vesting
restrictions, are fully transferable, and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, 2016 and 2015, there were no stock option awards granted. The Company did not expense deferred tax assets during 2017 after consideration of the
Company&#146;s valuation allowance. During 2016 and 2015, the Company expensed deferred tax assets of $1&nbsp;million and $2&nbsp;million, respectively, related to the stock option awards as a charge through the statements of operations. As of
December&nbsp;31, 2017, there was no remaining unrecognized compensation cost and all stock options had vested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There were no stock options outstanding as of
December&nbsp;31, 2017. A summary of the Company&#146;s stock options outstanding as of December&nbsp;31, 2017, 2016 and 2015, and changes during the years ended on those dates, is presented in the following tables: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Options</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number of<BR>Shares</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted<BR>Average&nbsp;Price<BR>Per Share</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14.6689</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,325,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.3703</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,548,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10.9888</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Exercised</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(200,000)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5.0500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,050,000)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4.4722</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Expired or forfeited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(37,800)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65.5624</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(37,500)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57.5100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(222,700)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59.2118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Outstanding at end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14.6689</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,325,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.3703</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Exercisable at end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">14.6689</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,325,300</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.3703</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Performance Based Awards </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017,
the Company granted 65,287 restricted shares to certain key employees which have a vesting schedule dependent on the achievement of certain stock price targets of the Company and 127,001 restricted shares to certain key employees which have a
vesting schedule dependent on the achievement of certain internal performance conditions of the Company. The grants and corresponding compensation expense have been included in the above restricted stock disclosures. As permitted by the accounting
guidance for share-based payments, the Company estimates the fair value of awards that contain market performance conditions at the date of grant using a binomial lattice model with a Monte Carlo simulation and recognizes compensation cost over the
requisite service period. The binomial lattice model can better incorporate assumptions about a stock price path because the model can accommodate a large number of potential stock prices over the award&#146;s term in comparison to the Black-Scholes
model. The Company estimates the fair value of awards that contain internal performance conditions at the date of grant and recognizes compensation cost over the requisite service period if it is probable that the internal performance conditions
will be achieved. The Company reassesses the probability of vesting at each reporting period and the final compensation cost associated with awards dependent on the achievement of certain internal performance conditions will reflect only those
awards that ultimately vest. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">149 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_323"></A>Note 17: Earnings Per Share </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Earnings per share is calculated using the <FONT STYLE="white-space:nowrap">two-class</FONT> method in which earnings are allocated to common stock and participating
securities based on their rights to receive nonforfeitable dividends or dividend equivalents. The Company grants restricted stock and restricted stock units to certain employees and <FONT STYLE="white-space:nowrap">non-employee</FONT> directors in
accordance with the Company&#146;s long-term incentive programs, which entitle the participants to receive nonforfeitable dividends or dividend equivalents during the vesting period on the same basis as those dividends are paid to common
shareholders. These unvested stock awards represent participating securities. During periods of net income, the calculation of earnings per share exclude the income attributable to participating securities in the numerator and the dilutive impact of
these securities from the denominator. During periods of net loss, no effect is given to participating securities in the numerator and the denominator excludes the dilutive impact of these securities since they do not share in the losses of the
Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Basic earnings per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of
common shares outstanding during the period. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common
stock. The dilution from stock options, warrants and unvested restricted stock are calculated by applying the <FONT STYLE="white-space:nowrap">two-class</FONT> method and using the treasury stock method. The treasury stock method assumes the
proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from unvested restricted stock will be used to purchase shares of the Company&#146;s common stock at the average market price during the period. During
periods of net loss, stock options, warrants and unvested restricted stock are excluded from the calculation because they would have an antidilutive affect. Therefore, in periods of net loss, the calculation of basic and diluted earnings per share
would result in the same value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the computation of basic and diluted earnings per share for the years ended December&nbsp;31, 2017,
2016, and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="77%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Basic earnings per share:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: undistributed earnings allocated to participating securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) available to common shareholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic weighted average shares<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per basic common share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Diluted earnings per share:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Less: undistributed earnings allocated to participating securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) available to common shareholders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">174</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Basic weighted average shares<SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">163.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Effect of common stock equivalents:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Stock options</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Diluted weighted average shares</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">164.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss) per diluted common share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13.50)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2.54)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1.06</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Potentially dilutive securities excluded from the diluted EPS because of antidilutive affect</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">14.1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1) Includes
0.3&nbsp;million, 0.9&nbsp;million and 0.6&nbsp;million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December&nbsp;31, 2017, 2016 and
2015, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">150 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_324"></A>Note 18: Common and Preferred Stock </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Common Stock </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Share Repurchases </I></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The
Company believes that share repurchases can be an appropriate deployment of capital in excess of amounts needed to support the Company&#146;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other
business needs. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In the fourth quarter of 2014, the Company&#146;s Board of Directors authorized the repurchase of common stock up to $200&nbsp;million under a new
share repurchase program. On July&nbsp;29, 2015, the Company&#146;s Board of Directors authorized the repurchase by the Company or National of up to $100&nbsp;million of its outstanding shares under a new share repurchase program, which superseded
and terminated the prior fourth quarter 2014 authorization. The prior authorization had approximately $61&nbsp;million of unused capacity at the time it was terminated. On October&nbsp;28, 2015, the Company&#146;s Board of Directors authorized the
repurchase by the Company or National of up to $100&nbsp;million of its outstanding common stock under a new share repurchase program, as the Company&#146;s July&nbsp;29, 2015 authorization was fully exhausted. During 2016, the Company exhausted any
remaining capacity under the October&nbsp;28, 2015 repurchase program. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On February&nbsp;23, 2016, the Company&#146;s Board of Directors authorized the repurchase
by the Company or National of up to $100&nbsp;million of its outstanding shares under a new share repurchase authorization. On June&nbsp;27, 2017, the Company&#146;s Board of Directors approved a new share repurchase authorization for the Company or
National to repurchase up to $250&nbsp;million of the Company&#146;s outstanding common shares. This new program replaced approximately $13&nbsp;million remaining under the Board&#146;s February&nbsp;23, 2016 authorization. During 2017, the Company
exhausted any remaining capacity under the June&nbsp;27, 2017 authorization. On November&nbsp;3, 2017, the Company&#146;s Board of Directors approved a new share repurchase authorization for the Company or National to repurchase up to
$250&nbsp;million of the Company&#146;s outstanding common shares. As of December&nbsp;31, 2017, $250&nbsp;million remained available under the November&nbsp;3, 2017 program. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides information about the Company&#146;s or National&#146;s share repurchases for the years ended December&nbsp;31, 2017, 2016 and 2015: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions, except per share amounts</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Number of shares repurchased</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43.0</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16.6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39.9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Average price paid per share</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">6.37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7.60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Remaining authorization as of December&nbsp;31</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">250</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">88</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">94</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017 and 2016, 490,557 and 419,806 shares, respectively, were purchased by the Company for settling awards under the
Company&#146;s long-term incentive plans. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Stock Warrants </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In May of
2013, MBIA Inc. issued Blue Ridge Investments LLC (&#147;Blue Ridge&#148;), an affiliate of Bank of America, a five-year warrant to purchase 9.94&nbsp;million shares of MBIA Inc. common stock at an exercise price of $9.59 per share. In March of
2017, Blue Ridge transferred the warrant to Highbridge International LLC (&#147;Highbridge&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In August of 2013, pursuant to the anti-dilution provisions of
warrants issued by MBIA to Warburg Pincus LLC (&#147;Warburg&#148;) in 2008, MBIA issued Warburg a five-year warrant to purchase 1.91&nbsp;million shares of MBIA common stock at an exercise price of $9.59 per share, which was transferred to
Highbridge in April of 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Stock warrants are recorded as liabilities and reported within &#147;Other liabilities&#148; on the consolidated balance sheets due to
terms and conditions in the agreements that could require net cash settlement. As of December&nbsp;31, 2017 and 2016, the fair value of the warrants was $6&nbsp;million and $33&nbsp;million, respectively. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">151 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 18: Common and Preferred Stock (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Preferred Stock </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As
of December&nbsp;31, 2017, MBIA Insurance Corporation had 2,759 shares of preferred stock issued and outstanding with a carrying value of $28&nbsp;million, including 1,444 shares held by MBIA Inc. that were purchased at a weighted average price of
$10,900 per share or 10.9% of face value and 1,315 shares held by unaffiliated investors. During 2017, MBIA Inc. did not repurchase any additional shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">In
accordance with MBIA&#146;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of LIBOR plus 200 basis points. Each share of preferred stock has a par value of $1,000 with a liquidation
preference of $100,000. The holders of the preferred stock are generally not entitled to any voting rights. Subject to certain requirements, the preferred stock may be redeemed, in whole or in part, at the option of MBIA Corp. at any time or from
time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption for the then current dividend period and any previously accumulated dividends payable
without interest on such unpaid dividends. As of December&nbsp;31, 2017 and 2016, there were no dividends declared on the preferred stock. Payment of dividends on MBIA Corp.&#146;s preferred stock is subject to the same restrictions that apply to
dividends on common stock under NYIL. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_325"></A>Note 19: Accumulated Other Comprehensive Income </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the changes in the components of AOCI for the years ended December&nbsp;31, 2017, 2016 and 2015: </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>Unrealized</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>&nbsp;&nbsp;&nbsp;&nbsp;Gains&nbsp;(Losses)&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>on AFS</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><B>&nbsp;&nbsp;&nbsp;&nbsp;Foreign&nbsp;Currency&nbsp;&nbsp;&nbsp;&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Securities, Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Translation, Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, January&nbsp;1, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(55)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(56)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(26)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(82)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(39)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(61)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(95)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(68)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(95)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(67)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(134)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other comprehensive income (loss) before reclassifications</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top"></SUP>&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">101<SUP STYLE="font-size:85%; vertical-align:top"></SUP></TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:85%; vertical-align:top">(1)</SUP>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amounts reclassified from AOCI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net period other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(16)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">125</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Balance, December&nbsp;31, 2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Includes items
included in the Company&#146;s loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December&nbsp;31, 2016. The sale was completed in January of 2017 and as such, these amounts included in
AOCI were reversed and included in the Sale Transaction. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">152 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B></B><B><I>Note 19: Accumulated Other Comprehensive Income (continued)</I></B><B> </B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table presents the details of the reclassifications from AOCI for the years ended December&nbsp;31, 2017,
2016 and 2015: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="29%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="50%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>In millions</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amounts Reclassified<BR>from&nbsp;AOCI&nbsp;Years</B><br><B>Ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:123.55pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>Details about AOCI Components</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Affected Line Item on the Consolidated</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Statements of Operations</B></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Unrealized gains (losses) on AFS securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Realized gain (loss) on sale of securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net gains (losses) on financial instruments at fair value and foreign exchange</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">OTTI</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(7</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net investment losses related to OTTI</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Amortization on securities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(6</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Net investment income</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Income (loss) before income taxes</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Provision (benefit) for income taxes</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total reclassifications for the period</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(8</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1</TD>
<TD NOWRAP VALIGN="bottom">)&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net income (loss)</P></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="tx437986_326"></A>Note 20: Commitments and Contingencies </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA has received subpoenas or informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators
and has or is in the process of satisfying all such requests. MBIA may receive additional inquiries from these or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Litigation </I></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Insurance Corp. v. Credit Suisse Securities (USA)
LLC, et al.</I>; Index No.&nbsp;603751/2009 (N.Y. Sup. Ct., N.Y. County) </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On December&nbsp;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court,
New York County, against Credit Suisse Securities (USA) LLC, DLJ Mortgage Capital, Inc. and Select Portfolio Servicing Inc. (collectively, &#147;Credit Suisse&#148;). The complaint seeks damages for fraud and breach of contractual obligations in
connection with the procurement of financial guarantee insurance on the Home Equity Mortgage Trust Series <FONT STYLE="white-space:nowrap">2007-2</FONT> securitization. On January&nbsp;30, 2013, MBIA Corp. filed an amended complaint. The amended
complaint alleges, among other claims, that Credit Suisse falsely represented: (i)&nbsp;the attributes of the securitized loans; (ii)&nbsp;that the loans complied with the governing underwriting guidelines; and (iii)&nbsp;that Credit Suisse had
conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their contractual obligations to cure or
repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. On March&nbsp;31, 2017, the court granted in part and
denied in part the parties&#146; summary judgment motions, including granting Credit Suisse&#146;s request to dismiss MBIA&#145;s fraud claim. Oral argument before the Appellate Division of the Supreme Court, First Judicial Department on the
parties&#146; cross-appeals from the court&#146;s March&nbsp;31, 2017 decision and order on the parties&#146; summary judgment motions took place on October&nbsp;24, 2017 and a decision is pending. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>MBIA Insurance Corp. v. J.P. Morgan Securities LLC (f/k/a Bear, Stearns</I><I></I><I>&nbsp;&amp; Co. Inc.)</I>; Index No.&nbsp;64676/2012 (N.Y. Sup. Ct., County of
Westchester)<I> </I> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On September&nbsp;14, 2012, MBIA Corp. filed a complaint alleging fraud against J.P. Morgan Securities LLC (f/k/a Bear, Stearns&nbsp;&amp; Co.
Inc.) relating to Bear, Stearns&nbsp;&amp; Co. Inc.&#146;s role as lead securities underwriter on the GMAC Mortgage Corporation Home Equity Loan Trust <FONT STYLE="white-space:nowrap">2006-HE4.</FONT> On June&nbsp;6, 2017, the parties filed a
stipulation acknowledging that they had resolved the claims in litigation and dismissing the action with prejudice. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">153 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 20: Commitments and Contingencies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Ambac Bond Insurance Coverage Cases,</I> Coordinated Proceeding Case No. JCCP 4555 (Super. Ct. of Cal., County of
San Francisco) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On July&nbsp;23, 2008, the City of Los Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a
number of financial guarantee insurers, including MBIA. At the same time and subsequently, additional complaints were filed by other municipal entities and quasi-municipal entities. These cases are part of a coordination proceeding in Superior
Court, San Francisco County, before Judge Curtis E. A. Karnow. In August of 2011, the plaintiffs filed amended versions of their respective complaints. The claims allege violation of California&#146;s antitrust laws through maintaining a dual credit
rating scale that misstated the credit default risk of certain issuers, thereby creating market demand for bond insurance. The plaintiffs also allege that the individual bond insurers participated in risky financial transactions in other lines of
business that damaged each bond insurer&#146;s financial condition, and failure to adequately disclose the impact of those transactions on their financial condition. The <FONT STYLE="white-space:nowrap">non-municipal</FONT> plaintiffs also allege a
California unfair competition cause of action. On December&nbsp;11, 2017, the parties reached a settlement of the litigation, which is expected to be finalized in the first half of 2018, at which point the matter will be dismissed with prejudice.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Lynn Tilton and Patriarch Partners XV, LLC v. MBIA Inc. and MBIA Insurance Corp. v.</I>; Index No.68880/2015&nbsp;(N.Y. Sup. Ct., County of Westchester) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On November&nbsp;2, 2015, Lynn Tilton and Patriarch Partners XV, LLC filed a complaint in New York State Supreme Court, Westchester County, against MBIA Inc. and MBIA
Corp., alleging fraudulent inducement and related claims arising from purported promises made in connection with insurance policies issued by MBIA Corp. on certain collateralized loan obligations managed by Ms.&nbsp;Tilton and affiliated Patriarch
entities, and seeking damages. The plaintiffs filed an amended complaint on January&nbsp;15, 2016. On January&nbsp;17, 2017, MBIA filed its answer. Discovery concluded in October 2017 and a Trial Readiness Conference was held on November&nbsp;3,
2017, at which the Court set a schedule for the briefing of summary judgment motions, which was completed as of February&nbsp;1, 2018 and a decision on which is now pending. On January&nbsp;8, 2018, Justice Gretchen Walsh was assigned to the case.
</P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National Public Finance Guarantee Corporation v. Padilla, Civ. No. <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">16-cv-2101</FONT></FONT>
</I>(D.P.R. June&nbsp;15, 2016) (Besosa&nbsp;J.) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;15, 2016, National filed a complaint in federal court in Puerto Rico challenging the Puerto Rico
Emergency Moratorium and Financial Rehabilitation Act (Law <FONT STYLE="white-space:nowrap">21-2016</FONT> or the &#147;Moratorium Act&#148;) as unconstitutional under the United States Constitution. On June&nbsp;22, 2016, National filed a motion
for partial summary judgment on its claim that the Moratorium Act is preempted by the federal Bankruptcy Code. On July&nbsp;7, 2016, the Puerto Rico defendants filed a motion to stay the case pursuant to the Puerto Rico Oversight, Management and
Economic Stability Act (&#147;PROMESA&#148;), which was granted by the Court in August of 2016. The defendants filed their answer to the complaint on July&nbsp;26, 2016. On November&nbsp;15, 2016, the District Court denied National&#146;s motion to
lift the stay on litigation pursuant to PROMESA. On January&nbsp;30, 2017, the District Court denied without prejudice National&#146;s partial motion for a summary judgment. On January&nbsp;11, 2017, the U.S. Court of Appeals for the First Circuit
affirmed the denial of a separate plaintiff&#146;s motion to lift the PROMESA stay in a related action challenging the Moratorium Act. Accordingly, the case remained stayed through May&nbsp;1, 2017, at which time the PROMESA stay expired. However,
on May&nbsp;3, 2017, Puerto Rico filed a Title III petition under PROMESA, thereby staying this dispute under Title III of PROMESA. On August&nbsp;1, 2017, the District Court dismissed the case with prejudice. On August&nbsp;28, 2017, National filed
a motion for reconsideration. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Assured Guaranty Corp. et al. v. Commonwealth of Puerto Rico et al., </I>Case No. <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">3:17-cv-01578</FONT></FONT> (D.P.R. May&nbsp;3, 2017) (Swain, J.) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;3, 2017, the Financial Oversight and Management Board filed
a petition under Title III of PROMESA to adjust the debts of Puerto Rico.&nbsp;On the same day, National, together with Assured Guaranty Corp. and Assured Guaranty Municipal Corp., f/k/a Financial Security Assurance Inc., filed an adversary
complaint in the case commenced by the Title III filing, alleging that the Fiscal Plan and the Fiscal Plan Compliance Act, signed into law by the Governor of Puerto Rico on April&nbsp;29, 2017, violate PROMESA and the United States Constitution. On
October&nbsp;6, 2017, National, together with the other plaintiffs in the filing, voluntarily dismissed the complaint without prejudice. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">154 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 20: Commitments and Contingencies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>The Bank of New York Mellon v. Puerto Rico Sales Tax Financing Corporation, et al.</I>, Case No. <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">17-133-LTS</FONT></FONT> (D.P.R. May&nbsp;16, 2017) (Swain, J.) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;16, 2017, the Bank of New
York Mellon, as trustee for COFINA, filed an adversary complaint seeking an interpleader and declaratory relief relating to conflicting directions from multiple stakeholders regarding alleged events of default. National has intervened in this
matter. Given the complexity of the issues, the judge granted Bank of New York&#146;s interpleader request ordering a freeze on disbursements to all bondholders and temporarily setting aside the funds until the dispute can be resolved between the
parties. Under a scheduling order, discovery is underway and motions for summary judgment and opening briefs were filed on February 21, 2018. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>Assured Guaranty
Corp. et al. v. Commonwealth of Puerto Rico et al.</I>, Case No.&nbsp;17 BK <FONT STYLE="white-space:nowrap">3567-LTS</FONT> (D.P.R. June&nbsp;3, 2017) (Swain, J.) </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On May&nbsp;21, 2017, the Oversight Board filed a petition under Title III of PROMESA to adjust the debts for the Puerto Rico Highways&nbsp;&amp; Transportation
Authority (&#147;PRHTA&#148;). On June&nbsp;3, 2017, National, together with Assured Guaranty Corp. and Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company, filed an adversary complaint PRHTA Title III case, alleging that the
Commonwealth and PRHTA are unlawfully diverting pledged special revenues from the payment of certain PRHTA bonds to the Commonwealth&#146;s General Fund. Motions to dismiss were filed on June&nbsp;28, 2017, and oral arguments were heard on
November&nbsp;21, 2017. On January&nbsp;30, 2018, the court granted the Commonwealth defendants&#146; motion to dismiss the PRHTA-related adversary complaint. On February 9, 2018, National, together with Assured, Assured Guaranty Municipal Corp. and
Financial Guaranty Insurance Company filed their notice of appeal of the motions to dismiss to the United States Court of Appeals for the First Circuit. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National Public Finance Guarantee Corp. et al. v. The Financial Oversight and Mgmt. Bd. et al.</I>, Case No. <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">3:17-cv-01882</FONT></FONT> (D.P.R. June&nbsp;26, 2017) (Besosa, J.) </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On June&nbsp;26, 2017, National, together with Assured Guaranty
Corp. and Assured Guaranty Municipal Corp., filed a complaint against the Oversight Board, its chairman and certain of its members seeking declaratory, injunctive and mandamus relief requiring the Oversight Board to comply with certain of its
obligations under PROMESA. On July&nbsp;17, 2017, the plaintiffs filed an amended complaint against the Oversight Board, its chairman, and certain of its members in their official and individual capacities, seeking declaratory relief under PROMESA
and asserting a claim for nominal damages against the individual defendants for tortious interference with the PREPA Restructuring Support Agreement. By order of the Court date August&nbsp;7, 2017, the litigation was stayed. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>National Public Finance Guarantee Corp. et al. v. The Financial Oversight and Mgmt. Bd. et al., Case No.&nbsp;17 <FONT STYLE="white-space:nowrap">BK-04780</FONT>
(D.P.R. August&nbsp;7, 2017) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On August&nbsp;7, 2017, National, together with Assured Guaranty Corp., Assured Guaranty Municipal Corp., the Ad Hoc Group of PREPA
Bondholders, and Syncora Guarantee Inc. filed an adversary complaint under Title III of PROMESA against PREPA, the Financial Oversight and Management Board for Puerto Rico, Puerto Rico Fiscal Agency and Financial Advisory Authority, <I>et al</I> to
enforce Plaintiffs&#146; contractual interest and constitutional right to revenues that PREPA pledged to bondholders but has thus far refused to turn over.&nbsp;Plaintiffs seek a declaration that Defendants have violated sections 922(d) and 928(a)
of the Bankruptcy Code, and that efforts to compel Defendants to apply such revenues to pay for debt service on the Bonds are not stayed as provided under section 922(d) of the Bankruptcy Code.&nbsp;Plaintiffs also seek a declaration that, pursuant
to sections 922(d) and 928 of the Bankruptcy Code as incorporated into PROMESA, PREPA is only authorized to use Revenues to pay for current operating expenses in the current time period, not for future expenses that may be deferred to or payable at
a later date.&nbsp;In addition to declaratory relief, Plaintiffs also seek injunctive relief prohibiting Defendants from taking or causing to be taken any action that would further violate sections 922(d) and 928(a) of the Bankruptcy Code and
ordering Defendants to remit Revenues for the uninterrupted and timely payment of debt service on the Bonds in accordance with sections 922(d) and 928(a) of the Bankruptcy Code. On October&nbsp;13, 2017, National, together with the other plaintiffs
in the filing, voluntarily dismissed without prejudice the above referenced adversary complaint. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">155 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>MBIA Inc. and Subsidiaries </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Notes to Consolidated Financial Statements </B></P> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Note 20: Commitments and Contingencies (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>The Official Committee of Unsecured Creditors of the Commonwealth of Puerto Rico, as agent of the Commonwealth of
Puerto Rico v. Bettina Whyte, as agent of the Puerto Rico Sales Tax Financing Corporation, Adv. Proc. No. <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">17-257-LTS</FONT></FONT> in Case No.&nbsp;17 BK <FONT
STYLE="white-space:nowrap">3283-LTS</FONT> (D.P.R. Sept. 8, 2017) </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">On August&nbsp;10, 2017, the Court approved and entered a Stipulation and Order Approving
Procedure to Resolve Commonwealth-COFINA Dispute in the PROMESA Title III proceeding relating to whether sales and use taxes purportedly pledged by COFINA to secure debt are property of the Commonwealth or COFINA under applicable law. On
November&nbsp;16, 2017, National intervened as a Defendant in the adversary proceeding and filed its answer, affirmative defenses, and counterclaims. On December&nbsp;21, 2017, the Court issued an order, which, inter alia, dismissed without
prejudice, certain claims of the intervenors that exceeded the scope of the Commonwealth-COFINA dispute including certain of National&#146;s counterclaims. National&#146;s first counterclaim which seeks a declaratory judgment that the COFINA
statutes are constitutional remains a part of this litigation. On January&nbsp;13, 2018, the Court permitted the Commonwealth Agent to file a second amended complaint. National&#146;s answer was filed on January&nbsp;30, 2018. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For those aforementioned actions in which it is a defendant, the Company is defending against those actions and expects ultimately to prevail on the merits. There is no
assurance, however, that the Company will prevail in these actions. Adverse rulings in these actions could have a material adverse effect on the Company&#146;s ability to implement its strategy and on its business, results of operations, cash flows
and financial condition. At this stage of the litigation, there has not been a determination as to the amount, if any, of damages. Accordingly, the Company is not able to estimate any amount of loss or range of loss. The Company similarly can
provide no assurance that it will be successful in those actions in which it is a plaintiff. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">There are no other material lawsuits pending or, to the knowledge of
the Company, threatened, to which the Company or any of its subsidiaries is a party. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Lease Commitments </I></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has a lease agreement for its headquarters in Purchase, New York as well as other immaterial leases for offices in New York, New York and San Francisco,
California. The Purchase, New York initial lease term expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. This lease agreement included an incentive amount to fund certain leasehold improvements,
renewal options, escalation clauses and a free rent period. This lease agreement has been classified as an operating lease, and operating rent expense has been recognized on a straight-line basis since the second quarter of 2014. As of
December&nbsp;31, 2017, total future minimum lease payments remaining on this lease were $36&nbsp;million. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">156 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_12"></A>Item&nbsp;9. Changes in and Disagreements with Accountants on Accounting and Financial
Disclosure </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">None. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_13"></A>Item 9A. Controls and
Procedures </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Evaluation of Disclosure Controls and Procedures </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As of
the end of the period covered by this report, an evaluation of the effectiveness of the design and operation of the Company&#146;s disclosure controls and procedures (as defined in Rule <FONT STYLE="white-space:nowrap">13a-15(e)</FONT> under the
Securities Exchange Act of 1934) was performed under the supervision and with the participation of the Company&#146;s senior management, including the Chief Executive Officer and the Chief Financial Officer. Based on that evaluation, the
Company&#146;s management, including the Chief Executive Officer and the Chief Financial Officer, concluded that the Company&#146;s disclosure controls and procedures were effective as of the end of the period covered by this report. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Changes in Internal Control over Financial Reporting </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">As required by Rule <FONT
STYLE="white-space:nowrap">13a-15(d)</FONT> under the Exchange Act, the Company&#146;s management, including its Chief Executive Officer and Chief Financial Officer, has evaluated the Company&#146;s internal control over financial reporting to
determine whether any changes occurred during the fourth fiscal quarter covered by this annual report that have materially affected or are reasonably likely to materially affect, our internal control over financial reporting. Based on that
evaluation, there has been no such change during the fourth fiscal quarter of 2017. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Management&#146;s Report on Internal Control over Financial Reporting
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Management of MBIA Inc. and its subsidiaries is responsible for establishing and maintaining adequate internal control over financial reporting. The
Company&#146;s internal control over financial reporting is a process designed under the supervision of the Company&#146;s principal executive and principal financial officers to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external reporting purposes in accordance with accounting principles generally accepted in the United States of America. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA&#146;s internal control over financial reporting includes policies and procedures that (1)&nbsp;pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect transactions and dispositions of assets; (2)&nbsp;provide reasonable assurances that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles
generally accepted in the United States of America, and that receipts and expenditures are being made only in accordance with authorizations of management and the directors of the Company; and, (3)&nbsp;provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use or disposition of the Company&#146;s assets that could have a material effect on the Company&#146;s financial statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Management has assessed the effectiveness of MBIA Inc. internal control over financial reporting as of December&nbsp;31, 2017. In making its assessment, management
conducted an assessment of the effectiveness of the Company&#146;s internal control over financial reporting based on the framework established in <I>Internal Control&#151;Integrated Framework (2013)</I>&nbsp;issued by the Committee of Sponsoring
Organizations of the Treadway Commission (COSO). Based on this assessment and those criteria, management has determined that the Company&#146;s internal control over financial reporting as of December&nbsp;31, 2017 was effective. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The effectiveness of the Company&#146;s internal control over financial reporting as of December&nbsp;31, 2017 has been audited by PricewaterhouseCoopers LLP, an
independent registered public accounting firm, as stated in their report, which is included in Item&nbsp;8, &#147;Financial Statements and Supplementary Data.&#148; </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_14"></A>Item&nbsp;9B. Other Information </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">None. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">157 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part III </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_15"></A>Item&nbsp;10. Directors, Executive Officers and Corporate Governance </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding directors will be set forth under &#147;Proposals for Shareholder Approval Recommended by the Board&#151;Proposal 1: Election of Directors&#148;
and &#147;Board of Directors Corporate Governance&#151;The Board of Directors and its Committees&#148; in the Company&#146;s Proxy Statement to be filed within 120 days of the end of our fiscal year ended December&nbsp;31, 2017 (the &#147;Proxy
Statement&#148;) and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding executive officers is set forth under Part I, Item&nbsp;1, &#147;Business&#151;Executive
Officers of the Registrant,&#148; included in this annual report. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding Section&nbsp;16(a) beneficial ownership reporting compliance will be set
forth in the section &#147;Section&nbsp;16(a) Beneficial Ownership Reporting Compliance&#148; in the Proxy Statement and is&nbsp;incorporated by reference. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding the Company&#146;s Audit Committee will be set forth under &#147;Board of Directors Corporate Governance&#151;The Board of Directors and its
Committees&#148; in the&nbsp;Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Company has adopted a code of ethics that applies to all employees of the
Company including its Chief Executive Officer, Chief Financial Officer and its controller. A copy of such code of ethics can be found on the Company&#146;s internet website at www.mbia.com. The Company intends to satisfy the disclosure requirements
under Item&nbsp;10 of Form <FONT STYLE="white-space:nowrap">8-K</FONT> regarding an amendment to, or waiver from, a provision of its code of ethics and that relates to a substantive amendment or material departure from a provision of the Code by
posting such information on its internet website at www.mbia.com. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_16"></A>Item&nbsp;11. Executive Compensation </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding compensation of the Company&#146;s directors and executive officers will be set forth under &#147;Board of Directors Corporate Governance&#151;The
Board of Directors and its Committees,&#148; &#147;Compensation and Governance Committee Report,&#148; &#147;Compensation Discussion and Analysis&#148; and &#147;Executive Compensation Tables&#148; in the Proxy Statement and is incorporated by
reference. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_17"></A>Item&nbsp;12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding security ownership of certain beneficial owners and management will be set forth under &#147;Security Ownership of Certain Beneficial Owners&#148;
and &#147;Security Ownership of Directors and Executive Officers&#148; in the Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following table provides
information as of December&nbsp;31, 2017, regarding securities authorized for issuance under our equity compensation plans. All outstanding awards relate to our common stock. For additional information about our equity compensation plans refer to
&#147;Note 16: Long-term Incentive Plans&#148; in the Notes to Consolidated Financial Statements included in this Annual Report on Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="39%"></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="14%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(a)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(b)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>(c)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Plan category</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of&nbsp;securities&nbsp;to<BR>be&nbsp;issued&nbsp;upon&nbsp;exercise<BR>of&nbsp;outstanding&nbsp;options,<BR>warrants&nbsp;and&nbsp;rights<SUP
STYLE="font-size:85%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Weighted&nbsp;average<BR>exercise&nbsp;price&nbsp;of<BR>outstanding&nbsp;options,<BR>warrants and rights</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number&nbsp;of&nbsp;securities&nbsp;remaining<BR>available&nbsp;for&nbsp;future&nbsp;issuance<BR>under&nbsp;equity&nbsp;compensation&nbsp;
plans<BR>(excluding&nbsp;securities&nbsp;reflected in<BR>column (a))<SUP STYLE="font-size:85%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity compensation plans approved by security holders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162,611</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,376,068</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity compensation plans not approved by security holders</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">162,611</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13.25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6,376,068</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:10%">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(1)&#151;Represents
phantom shares granted under the Deferred Compensation and Stock Ownership Plan for <FONT STYLE="white-space:nowrap">Non-Employee</FONT> Directors. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL">(2)&#151;Includes
6,207,299 shares of common stock available for future grants under the MBIA Inc. 2005 Omnibus Incentive Plan and 168,769 shares of common stock available for future grants under the Deferred Compensation and Stock Ownership Plan for <FONT
STYLE="white-space:nowrap">Non-Employee</FONT> Directors. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">158 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_18"></A>Item&nbsp;13. Certain Relationships and Related Transactions, and Director Independence
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding certain relationships and related transactions will be set forth under &#147;Certain Relationships and Related Transactions&#148; in the
Proxy Statement and is incorporated by reference. Information regarding director independence will be set forth under &#147;Proposals for Shareholder Approval Recommended by the Board&#151;Proposal 1: Election of Directors&#151;Director
Independence&#148; in the Proxy Statement and is incorporated by reference. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_19"></A>Item&nbsp;14. Principal Accounting Fees and Services
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Information regarding principal accounting fees and services will be set forth under &#147;Principal Accountant Fees and Services&#148; in the Proxy Statement
and is incorporated by reference. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">159 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Part IV </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_20"></A>Item&nbsp;15. Exhibits, Financial Statement Schedules </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">(a) Financial Statements and Financial Statement Schedules and Exhibits </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>1.
Financial Statements </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following financial statements of MBIA Inc. have been included in Part II, Item&nbsp;8 hereof: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Report of Independent Registered Public Accounting Firm. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated balance sheets as of December&nbsp;31, 2017 and 2016. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of operations for the years ended December&nbsp;31, 2017, 2016 and 2015. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of comprehensive income (loss) for the years ended December&nbsp;31, 2017, 2016 and 2015. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of changes in shareholders&#146; equity for the years ended December&nbsp;31, 2017, 2016 and 2015. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Consolidated statements of cash flows for the years ended December&nbsp;31, 2017, 2016 and 2015. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:ARIAL">Notes to consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>2. Financial
Statement Schedules </U></B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following financial statement schedules are filed as part of this report. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"><B>Schedule</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:16.40pt; display:inline; font-size:8pt; font-family:ARIAL; "><B>Title</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">I.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Summary of investments, other than investments in related parties, as of December&nbsp;31, 2017.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">II.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Condensed financial information of Registrant:</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL">Condensed balance sheets as of December 31, 2017 and 2016.</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL">Condensed statements of operations for the years ended December 31, 2017, 2016 and 2015.</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL">Condensed statements of cash flows for the years ended December 31, 2017, 2016 and 2015.</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:2.00em; font-size:10pt; font-family:ARIAL">Notes to condensed financial statements.</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">IV.</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Reinsurance for the years ended December&nbsp;31, 2017, 2016 and 2015.</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The report of the Registrant&#146;s Independent Registered Public Accounting Firm with respect to the above listed financial statement
schedules is included within the report listed under Item&nbsp;15.1 above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">All other schedules are omitted because they are not applicable or the required
information is shown in the consolidated financial statements or notes thereto. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><U>3. Exhibits </U></B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">An exhibit index immediately preceding the Exhibits indicates the exhibit number where each exhibit filed as part of this report can be found. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>(</I><B><I>Note Regarding Reliance on Statements in Our Contracts</I></B><I>: In reviewing the agreements included as exhibits to this Annual Report on Form <FONT
STYLE="white-space:nowrap">10-K,</FONT> please remember that they are included to provide you with information regarding their terms and are not intended to provide any other factual or disclosure information about MBIA Inc., its subsidiaries or the
other parties to the agreements. The agreements contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the other parties to the
applicable agreement and (i)&nbsp;should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate; (ii)&nbsp;have been qualified by
disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement; (iii)&nbsp;may apply standards of materiality in a way that is different
from what may be viewed as material to investors; </I></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><I>and (iv)&nbsp;were made only as of the date of the applicable agreement or such other date or dates as may
be specified in the agreement and are subject to more recent developments. Accordingly, these representations and warranties may not describe the actual state of affairs as of the date they were made or at any other time.) </I></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">160 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item 15. Exhibits, Financial Statement Schedules (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>3. Articles of Incorporation and <FONT STYLE="white-space:nowrap">By-Laws.</FONT> </U></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312505162410/dex31.htm">3.1. Amended and Restated Certificate of Incorporation, dated May&nbsp;
5, 2005, incorporated by reference to Exhibit&nbsp;3.1 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal quarter ended June&nbsp;30, 2005. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000115752309004909/a6008915ex3-2.htm">3.2. <FONT STYLE="white-space:nowrap">By-Laws</FONT> as Amended as of July&nbsp;14,
 2009, incorporated by reference to Exhibit 3.1 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on July&nbsp;16, 2009, as Amended as of July 27, 2017, incorporated by reference to Exhibit&nbsp;3.2 to
the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on July 31, 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>4. Instruments Defining the Rights of
Security Holders, including Indentures. </U></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000115752312006186/a50486909ex4_1.htm">4.1. Indenture, dated as of August&nbsp;1,
 1990, between MBIA Inc. and The First National Bank of Chicago, Trustee, incorporated by reference to Exhibit 10.72 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended December&nbsp;31,
1992 as amended by the First Supplemental Indenture, dated as of August&nbsp;22, 2002, between MBIA Inc. and Bank One Trust Company, N.A., as Trustee, in connection with the $300,000,000 6.4% senior notes due 2022, incorporated by reference to the
Exhibit 4.04 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on August&nbsp;22, 2002, and the Second Supplemental Indenture, dated as of November&nbsp;21, 2012, between MBIA Inc. and The Bank of New
York Mellon, as Trustee, incorporated by reference to Exhibit 4.1 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on November&nbsp;26, 2012. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000115752312006186/a50486909ex4_2.htm">4.2. Senior Indenture, dated as of November&nbsp;
24, 2004, between MBIA Inc. and The Bank of New York, as Trustee, incorporated by reference to Exhibit 4.01 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on November&nbsp;
29, 2004 as amended by the First Supplemental Indenture, dated as of November&nbsp;24, 2004, between MBIA Inc. and The Bank of New&nbsp;
York, as Trustee, in connection with the $350,000,000 5.70% senior notes due 2034, incorporated by reference to Exhibit 4.02 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on November&nbsp;
29, 2004 as amended by the Second Supplemental Indenture, dated as of November&nbsp;21, 2012, between MBIA Inc. and The Bank of New York Mellon, as Trustee, incorporated by reference to Exhibit 4.2 to the Company&#146;s Current Report on Form <FONT
STYLE="white-space:nowrap">8-K</FONT> filed on November&nbsp;
26, 2012. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312508007669/dex401.htm">4.3. Fiscal Agency Agreement, dated as of January&nbsp;
16, 2008, between MBIA Insurance Corporation and The Bank of New York, incorporated by reference to Exhibit 4.01 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;17, 2008. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312508007669/dex402.htm">4.4. Form of MBIA Corp. 14% <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">Fixed-to-Floating</FONT></FONT> Rate Global Note due January&nbsp;
15, 2033, incorporated by reference to Exhibit 4.02 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;17, 2008. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513211278/d505588dex41.htm">4.5. Warrant Agreement, dated as of May&nbsp;
6, 2013, between MBIA Inc. and Blue Ridge Investments, L.L.C., incorporated by reference to Exhibit 4.1 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal quarter ended March&nbsp;31, 2013. </A>
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513324357/d542340dex42.htm">4.6. Warrant Agreement, dated as of August&nbsp;
5, 2013, between MBIA Inc. and Warburg Pincus Private Equity X, L.P., incorporated by reference to Exhibit 4.2 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal quarter ended June&nbsp;
30, 2013. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex991.htm">4.7. Senior Note Indenture, dated as of January&nbsp;
10, 2017, between MZ Funding LLC and Wilmington Savings Fund Society, FSB, as Trustee and Collateral Agent, incorporated by reference to Exhibit 99.1 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10,
 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex992.htm">4.8. Form of MZ Funding LLC $328,250,000 14% Senior Secured Note
 due January&nbsp;20, 2020, incorporated by reference to Exhibit 99.2 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10, 2017. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex993.htm">4.9. Subordinated Note Indenture, dated as of January&nbsp;
10, 2017, between MZ Funding LLC and Wilmington Savings Fund Society, FSB, as Trustee and Collateral Agent, incorporated by reference to Exhibit 99.3 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10,
 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex994.htm">4.10. Form of MZ Funding LLC $88,000,000 14% Senior Secured Note
 due January&nbsp;20, 2020, incorporated by reference to Exhibit 99.4 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10, 2017. </A> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">161 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item&nbsp;15. Exhibits, Financial Statement Schedules (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex995.htm">4.11. Credit Agreement dated
 as of January&nbsp;10, 2017 between MBIA Insurance Corp. and MZ Funding LLC, incorporated by reference to Exhibit 99.5 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10, 2017. </A>
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex996.htm">4.12. Security Agreement dated as of January&nbsp;
10, 2017 between MBIA Insurance Corp. as Grantor and MZ Funding LLC as Secured Party, incorporated by reference to Exhibit 99.6 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;10, 2017.
</A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex997.htm">4.13. Security Agreement dated as of January&nbsp;
10, 2017 between MZ Funding LLC as Grantor and Wilmington Savings Fund Society, FSB as Collateral Agent under the Senior Note Indenture referenced herein as Exhibit 4.8 and incorporated by reference to Exhibit 99.7 to the Company&#146;s Current Report on
 Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;
10, 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex998.htm">4.14. Security Agreement dated as of January&nbsp;
10, 2017 between MZ Funding LLC as Grantor and Wilmington Savings Fund Society, FSB as Collateral Agent under the Subordinated Note Indenture referenced herein as Exhibit 4.9 and incorporated by reference to Exhibit 99.8 to the Company&#146;s Current Report
on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;
10, 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex999.htm">4.15. Pledge Agreement dated as of January&nbsp;
10, 2017 between MBIA Inc. as Pledgor and Wilmington Savings Fund Society, FSB as Collateral Agent under the Subordinated Note Indenture referenced herein as Exhibit 4.7 and incorporated by reference to Exhibit 99.9 to the Company&#146;s Current Report
 on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on January&nbsp;
10, 2017. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312517006987/d300408dex9910.htm">4.16. Intercreditor Agreement dated as of January&nbsp;
10, 2017 amongst Wilmington Savings Fund Society, FSB as Trustee MZ Funding LLC and MBIA Insurance Corp. as Insurer, incorporated by reference to Exhibit 99.10 to the Company&#146;s Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed
 on January&nbsp;10, 2017. </A> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><U>10. Material Contracts </U></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>Executive
Compensation Plans and Arrangements </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The following Exhibits identify all existing executive compensation plans and arrangements: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312515103372/d891708ddef14a.htm">10.1. MBIA Inc. Annual Incentive Plan, effective January&nbsp;
1, 2016, incorporated by reference to Exhibit A to the Company&#146;s Proxy Statement filed on March&nbsp;
24, 2015. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312512121741/d312094ddef14a.htm">10.2. MBIA Inc. 2005 Omnibus Incentive Plan, as amended through
March, 2012, incorporated by reference to Exhibit A to the Company&#146;s Proxy Statement filed on March&nbsp;19, 2012, as amended by the Amendment thereto, effective as of May&nbsp;2, 2013. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312510044879/dex1013.htm">10.3. Key Employee Employment Protection Plan, amended as of February&nbsp;
27, 2007, incorporated by reference to Exhibit 10.80 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended December&nbsp;31, 2007, as further amended by Amendment No.&nbsp;
2, effective February&nbsp;22, 2010, incorporated by reference to Exhibit 10.13 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended December&nbsp;31, 2009. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312508042602/dex1081.htm">10.4. Form of Key Employee Employment Protection Agreement, amended as of February&nbsp;27,
 2007, incorporated by reference to Exhibit 10.81 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended December&nbsp;31, 2007. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312514084645/d686506dex101.htm">10.5. MBIA Inc. 2005 <FONT STYLE="white-space:nowrap">Non-Employee</FONT> Director
 Deferred Compensation Plan (as amended through February 2014), incorporated by reference to Exhibit 10.1 to the Company&#146;s Form <FONT STYLE="white-space:nowrap">S-8</FONT> filed on March&nbsp;5, 2014
<FONT STYLE="white-space:nowrap">(Reg.&nbsp;No.&nbsp;333-194335).</FONT> </A> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">162 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><I>Item&nbsp;15. Exhibits, Financial Statement Schedules (continued) </I></B></P>
<p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312510114816/dex101.htm">10.6. Amended and Restated MBIA Inc.
 Deferred Compensation and Excess Benefit Plan, effective as of March&nbsp;22, 2010, incorporated by reference to Exhibit 10.1 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal quarter ended
March&nbsp;
31, 2010. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513080289/d449637dex1016.htm">10.7. Cash Retention Award and Restricted Stock Agreement,
 dated as of December&nbsp;21, 2012, between MBIA Inc. and William C. Fallon, incorporated by reference to Exhibit 10.16 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended
December&nbsp;
31, 2012. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513080289/d449637dex1017.htm">10.8. Cash Retention Award and Restricted Stock Agreement,
 dated as of December&nbsp;21, 2012, between MBIA Inc. and Anthony McKiernan, incorporated by reference to Exhibit 10.17 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended
December&nbsp;
31, 2012. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513080289/d449637dex1018.htm">10.9. Cash Retention Award and Restricted Stock Agreement,
 dated as of December&nbsp;21, 2012, between MBIA Inc. and Ram Wertheim, incorporated by reference to Exhibit 10.18 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the fiscal year ended December&nbsp;31,
2012. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312514195175/d721275dex102.htm">10.10 Restricted Stock Award Agreement between MBIA Inc. and Joseph
 W. Brown, dated as of March&nbsp;17, 2014, incorporated by reference to Exhibit 10.2 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal quarter ended March&nbsp;31, 2014. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312515073382/d868514dex1016.htm">10.11 Amended Restricted Stock Award Agreement between MBIA Inc. and Joseph W.
 Brown, dated as of March&nbsp;2, 2015, incorporated by reference to Exhibit 10.16 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended December&nbsp;31, 2014. </A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex21.htm">21. List of Subsidiaries. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex23.htm">23.
 Consent of PricewaterhouseCoopers LLP. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex311.htm">31.1. Chief Executive Officer&#151;Certification Pursuant to Section&nbsp;
302 of the Sarbanes-Oxley Act of 2002. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex312.htm">31.2. Chief Financial Officer&#151;Certification Pursuant to Section&nbsp;
302 of the Sarbanes-Oxley Act of 2002. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex321.htm">32.1. Chief Executive Officer&#151;Certification Pursuant to 18 U.S.C. Section&nbsp;
1350, as Adopted Pursuant to Section&nbsp;
906 of the Sarbanes-Oxley Act of 2002. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="d437986dex322.htm">32.2. Chief Financial Officer&#151; Certification Pursuant to 18 U.S.C. Section&nbsp;
1350, as Adopted Pursuant to Section&nbsp;
906 of the Sarbanes-Oxley Act of 2002. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000115752309001451/a5899232ex991.htm">99.1. Quota Share Reinsurance
 Agreement between MBIA Insurance Corporation and MBIA Insurance Corp. of Illinois dated February 17, 2009, incorporated by reference to Exhibit 99.1 to the Company&#146;s Current Report on Form 8-K filed on February 20, 2009.</A> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312513438382/d617219dex993.htm">99.2. Novation Agreement, dated as of September&nbsp;
14, 2012, between Financial Guaranty Insurance Company and National Public Finance Guarantee Corporation, incorporated by reference to Exhibit 99.3 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the fiscal
 quarter ended September&nbsp;
30, 2013. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><A HREF="http://www.sec.gov/Archives/edgar/data/814585/000119312515073382/d868514dex993.htm">99.3. Amended and Restated Tax Sharing Agreement, dated as
 of September&nbsp;8, 2011, between MBIA Inc. and certain of its subsidiaries, incorporated by reference to Exhibit 99.3 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended December&nbsp;31,
2014. </A> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">101. Interactive data files pursuant to Rule 405 of Regulation S-T: (i) Consolidated Balance Sheets as of December&nbsp;31, 2017 and 2016; (ii)
Consolidated Statements of Operations for the years ended December 31, 2017, 2016 and 2015; (iii) Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2017, 2016 and 2015; (iv) Consolidated Statements of Changes in
Shareholders&#146; Equity for the years ended December 31, 2017, 2016 and 2015; (v) Consolidated Statements of Cash Flows for the years ended December 31, 2017, 2016 and 2015 and (vi) Notes to Consolidated Financial Statements. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">163 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B><A NAME="toc437986_21"></A>SIGNATURES </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the requirements of Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has caused this Report to be signed on its behalf by the
undersigned, thereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">MBIA Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL">(Registrant)</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top">Dated:&nbsp;March 1, 2018</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">By</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">/s/&nbsp;&nbsp;William C. Fallon&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;William C. Fallon</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;Chief Executive Officer</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Pursuant to the requirements of the Securities Exchange Act of 1934, this Report has been signed below by the following persons on
behalf of the Registrant and in the capacities and on the dates indicated. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt">


<TR>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Signature</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Title</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Date</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;William C. Fallon&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>William C. Fallon</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director&nbsp;and&nbsp;Chief Executive Officer</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Anthony McKiernan&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Anthony McKiernan</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Chief Financial Officer</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Joseph R. Schachinger&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Joseph R. Schachinger</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Assistant&nbsp;Vice&nbsp;President&nbsp;and&nbsp;Controller (Chief Accounting Officer)</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Charles R. Rinehart&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Charles R. Rinehart</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Chairman and Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp; Francis Y. Chin</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Francis Y. Chin</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Steven J. Gilbert&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Steven J. Gilbert</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Theodore Shasta&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Theodore Shasta</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:ARIAL" ALIGN="center">/s/&nbsp;&nbsp;&nbsp;&nbsp;Richard C. Vaughan&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL" ALIGN="center"><B>Richard C. Vaughan</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"><FONT STYLE="font-size:10pt">Director</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-size:10pt">March&nbsp;1, 2018</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">164 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc437986_22"></A>SCHEDULE I </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SUMMARY OF
INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>December&nbsp;31, 2017 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>(In millions) </B></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31, 2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Type of investment</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Cost</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fair&nbsp;Value</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount&nbsp;at<BR>which&nbsp;shown<BR>in the<BR>balance&nbsp;sheet</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Available-for-sale:</FONT></FONT></P></TD>

<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">U.S. Treasury and government agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">985</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,014</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1,014</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">State and municipal bonds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">840</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">857</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">857</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Foreign governments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,173</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,117</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Mortgage-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed agency</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">365</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">362</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">362</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Residential mortgage-backed <FONT STYLE="white-space:nowrap">non-agency</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Commercial mortgage-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">66</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Asset-backed securities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Collateralized debt obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other asset-backed</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">175</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total long-term
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,759</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,743</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,743</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">676</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">676</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">676</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,438</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4,423</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">223</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">230</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,663</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4,655</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Assets of consolidated variable interest entities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">157</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">182</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">182</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">Held-to-maturity:</FONT></FONT></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Corporate obligations</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">916</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">890</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Loans receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,085</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,679</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,679</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments of consolidated variable interest entities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,132</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,777</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">2,751</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">165 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc437986_23"></A>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED BALANCE
SHEETS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>(In millions except share and per share amounts) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>December&nbsp;31,<BR>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Fixed-maturity securities held as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale,</FONT></FONT> at fair value (amortized cost $590 and $687)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">639</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">725</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments carried at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">6</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investments pledged as collateral, at fair value (amortized cost $155 and $242)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">148</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">233</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Short-term investments held as
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale,</FONT></FONT> at fair value (amortized cost $283 and $278)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">283</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">278</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,079</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,244</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment in wholly-owned subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,290</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,673</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Deferred income taxes, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,003</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">107</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total assets</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,523</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>6,040</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Liabilities and Shareholders&#146; Equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Liabilities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">301</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">361</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">576</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">576</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Affiliate loans payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">772</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">901</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Income taxes payable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">237</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">696</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other liabilities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">224</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">279</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,110</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>2,813</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Shareholders&#146; Equity:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Preferred stock, par value $1 per share; authorized shares&#151;10,000,000; issued and
outstanding&#151;none</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Common stock, par value $1 per share; authorized shares&#151;400,000,000; issued shares&#151;283,717,973 and
283,989,999</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">284</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Additional <FONT STYLE="white-space:nowrap">paid-in</FONT> capital</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3,160</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Retained earnings</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,095</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">2,700</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Accumulated other comprehensive income (loss), net of tax</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(19)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(128)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Treasury stock, at cost&#151;192,233,526 and 148,789,168 shares</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3,118)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2,789)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total shareholders&#146; equity of MBIA Inc.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>1,413</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,227</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Total liabilities and shareholders&#146; equity</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>3,523</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"><B>$</B></TD>
<TD VALIGN="bottom" ALIGN="right"><B>6,040</B></TD>
<TD NOWRAP VALIGN="bottom"><B>&nbsp;</B></TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:120pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">166 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED
STATEMENTS OF OPERATIONS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>(In millions) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Revenues:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment income</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(13)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(4)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Net gains (losses) on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Other net realized gains (losses)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total revenues</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">111</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Expenses:</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Interest</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">87</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">95</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Total expenses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">106</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gain (loss) before income taxes and equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(74)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(91)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Provision (benefit) for income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">507</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(15)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Gain (loss) before equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(581)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(76)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(9)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Equity in net income (loss) of subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(1,024)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(262)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">189</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL"><B>Net income (loss)</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:275pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">167 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONDENSED
STATEMENTS OF CASH FLOWS </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>(In millions) </B></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:9.5pt" ALIGN="center">


<TR>
<TD WIDTH="79%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Years ended December&nbsp;31,</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2017</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2016</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>2015</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Cash flows from operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Fees and reimbursements received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Investment income received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">141</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">144</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">142</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Operating expenses paid</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(27)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(18)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(24)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Interest paid, net of interest converted to principal</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(78)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(84)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(88)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Income taxes (paid) received</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">73</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">108</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Cash flows from investing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Purchases of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(164)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(129)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(606)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Sales of <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT>
investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">172</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">165</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">325</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Paydowns and maturities of
<FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">available-for-sale</FONT></FONT> investments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">152</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">90</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">186</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Purchases of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(70)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(57)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(144)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Sales, paydowns and maturities of investments at fair value</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">171</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Sales, paydowns and maturities (purchases) of short-term investments, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(34)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">232</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">(Payments) proceeds for derivative settlements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(30)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(37)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Collateral (to) from counterparty</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(31)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Contributions to subsidiaries, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(12)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(10)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Advances to subsidiaries, net</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Other investing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net cash provided (used) by investing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">86</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">133</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">216</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Cash flows from financing activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Proceeds from investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Principal paydowns of investment agreements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(81)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(80)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(111)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Proceeds from long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">127</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Principal paydowns of long-term debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(11)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Payments for affiliate loans</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(156)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(111)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(103)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Purchases of treasury stock</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(65)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(108)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(234)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Restricted stock awards settlements</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net cash provided (used) by financing activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(149)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(275)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(419)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Effect of exchange rates on cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net increase (decrease) in cash and cash equivalents</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(3)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(65)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Cash and cash equivalents&#151;beginning of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">100</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Cash and cash equivalents&#151;end of year</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Reconciliation of net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1,605)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(338)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">180</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:2.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Change in:</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Intercompany accounts receivable</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(22)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(8)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Current income taxes</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">78</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">109</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Equity in earnings of subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,024</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">262</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(189)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Dividends from subsidiaries</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">118</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">116</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net investment losses related to other-than-temporary impairments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">4</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net (gains) losses on financial instruments at fair value and foreign exchange</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(59)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Other net realized (gains) losses</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(21)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Deferred income tax provision (benefit)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">485</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(20)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">(Gains) losses on extinguishment of debt</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(28)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(5)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Other operating</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Total adjustments to net income (loss)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1,667</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">457</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">(42)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:9.5pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:4.00em; text-indent:-1.00em; font-size:9.5pt; font-family:ARIAL">Net cash provided (used) by operating activities</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">119</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">138</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:3.00px double #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>The condensed financial statements should be read in conjunction with the </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>consolidated financial statements and notes thereto and the accompanying notes. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">168 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>SCHEDULE II </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. (PARENT COMPANY) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>NOTES TO
CONDENSED FINANCIAL STATEMENTS </B></P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>1. Condensed Financial Statements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United
States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&#146;s consolidated financial statements and the notes thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The activities of MBIA Inc. (the &#147;Parent Company&#148;) consist of general corporate activities and funding activities, which principally include holding and
managing investments, servicing outstanding corporate debt, investment agreements issued by the Parent Company and its subsidiaries, and posting collateral under investment agreement and derivative contracts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Parent Company is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&#146;s consolidated financial statements. As of
December&nbsp;31, 2017, the liquidity position of the Parent Company, which included cash and cash equivalents or short-term investments comprised of highly rated commercial paper, money market funds and municipal, U.S. agency and corporate bonds
for general corporate purposes, excluding the amount held in escrow under its tax sharing agreement, was $419&nbsp;million. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017, National purchased from
the Parent Company, $129&nbsp;million principal amount of MBIA Inc. 5.700% Senior Notes due 2034 that were previously repurchased by the Parent Company and had not been retired. The MBIA Inc. 5.700% Senior Notes due 2034 that were purchased by
National were eliminated from the Parent Company&#146;s condensed balance sheet. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>2. Accounting Policies </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Parent Company carries its investments in subsidiaries under the equity method. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Certain amounts have been reclassified in prior years&#146; financial statements to conform to the current presentation. This includes a change in the presentation of
cash paid when withholding shares for <FONT STYLE="white-space:nowrap">tax-withholding</FONT> purposes in &#147;Purchases of treasury stock&#148; on the Parent Company&#146;s condensed statement of cash flows as required under Accounting Standards
Update (&#147;ASU&#148;) <FONT STYLE="white-space:nowrap">2016-09,</FONT> &#147;Compensation-Stock Compensation (Topic 718)&#148;. The change in presentation effected &#147;Operating expenses paid&#148;, in operating cash flows and &#147;Purchases
of treasury stock&#148;, in financing cash flows, on the Parent Company&#146;s condensed statement of cash flows in prior periods. The reclassifications had no material impact on total revenues, expenses, assets, liabilities, shareholders&#146;
equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a further discussion of significant accounting policies
and recent accounting pronouncements, refer to footnotes 2 and 3 to the Company&#146;s consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>3. Dividends from Subsidiaries
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2017 and 2016, National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $118&nbsp;million to the Parent
Company.&nbsp;&nbsp;&nbsp;&nbsp; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">During 2015, National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $114&nbsp;million to the Parent
Company, Trifinium Holdings Limited declared and paid dividends of $1&nbsp;million to the Parent Company and MBIA Services Corp. declared and paid a dividend of $1&nbsp;million to the Parent Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">169 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>4. Deferred Tax Asset, Net of Valuation Allowance </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Parent Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements
or tax returns. Deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected
to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount that more likely
than not will be realized. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">The Parent Company considered all available positive and negative evidence as required by generally accepted accounting principles, to
estimate if sufficient taxable income will be generated to use its net deferred tax asset. After considering all positive and negative evidence, including the Parent Company&#146;s inability to objectively identify and forecast future sources of
taxable income, the Parent Company concluded in the second quarter of 2017 it did not have sufficient positive evidence to support its ability to use its net deferred tax asset before it would expire. Accordingly, the Parent Company established a
full valuation allowance against its net deferred tax asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">For a further discussion of the net deferred tax asset, refer to footnote 11 to the Company&#146;s
consolidated financial statements. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>5. Obligations under Investment Agreements </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Investment agreements, as described in footnote 10 to the Company&#146;s consolidated financial statements, are conducted by both the Parent Company and its wholly-owned
subsidiary, MBIA Investment Management Corp. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>6. Pledged Collateral </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Substantially all of the obligations under investment agreements require the Parent Company to pledge securities as collateral. As of December&nbsp;31, 2017 and 2016,
the fair value of securities pledged as collateral with respect to these investment agreements approximated $350&nbsp;million and $394&nbsp;million, respectively. The Parent Company&#146;s collateral as of December&nbsp;31, 2017, consisted
principally of U.S. Treasury and government agency and state and municipal bonds, and was primarily held with major U.S. banks. Additionally, the Parent Company pledged cash and money market securities as collateral under investment agreements in
the amount of $6&nbsp;million as of December&nbsp;31, 2016. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Under derivative contracts entered into by the Parent Company, collateral postings are required by
either the Parent Company or the counterparty when the aggregate market value of derivative contracts entered into with the same counterparty exceeds a predefined threshold. As of December&nbsp;31, 2017 and 2016, the Parent Company pledged
securities with a fair value of $237&nbsp;million and $276&nbsp;million, respectively, to derivative counterparties. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL"><B>7. Affiliate Loans Payable </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">Affiliate loans payable consists of loans payable to MBIA Global Funding, LLC (&#147;GFL&#148;). GFL raised funds through the issuance of medium-term notes with varying
maturities, which were, in turn, guaranteed by MBIA Corp. GFL lent the proceeds of these medium-term note issuances to the Parent Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">170 </P>

</DIV></Center>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><A NAME="toc437986_24"></A>SCHEDULE IV </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>MBIA INC. AND SUBSIDIARIES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>REINSURANCE
</B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Years Ended December&nbsp;31, 2017, 2016 and 2015 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">(In millions) </P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Column A</B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:ARIAL"><B>Insurance</B></P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Premium Written</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;B<BR>Direct<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;C<BR>Ceded to<BR>Others</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column D<BR>Assumed<BR>From<BR>Other<BR>Companies</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column&nbsp;E<BR>Net<BR>Amount</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Column F<BR>Percentage<BR>of Amount<BR>Assumed<BR>to Net</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2017</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(1)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">(2)</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2016</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">37</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">2015</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">$</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#151;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">$</TD>
<TD VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">0%</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1px; ">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-top:1.00px solid #000000">&nbsp;</P></TD>
<TD>&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">171 </P>

</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>2
<FILENAME>d437986dex21.htm
<DESCRIPTION>EX-21
<TEXT>
<HTML><HEAD>
<TITLE>EX-21</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right"><B>Exhibit 21 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B><U>SUBSIDIARIES OF MBIA INC. </U></B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="25%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:8pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>Name of Subsidiary</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:ARIAL"><B>State/Country&nbsp;of&nbsp;Incorporation</B></P></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">LaCrosse Financial Products, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">LaCrosse Financial Products Member, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Capital Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Global Funding, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Insurance Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">New York</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Investment Management Corp.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Mexico, S.A. de C.V.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Mexico</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA Services Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MBIA UK (Holdings) Limited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">England&nbsp;and&nbsp;Wales</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Municipal Issuers Service Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">New York</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">MZ Funding LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">National Public Finance Guarantee Holdings, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Delaware</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">National Public Finance Guarantee Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">New York</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Promotora de Infraestructura Registral II, S.A. de C.V., SOFOM, E.R.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">Mexico</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:ARIAL">Trifinium Services Limited</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">England and Wales</TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>3
<FILENAME>d437986dex23.htm
<DESCRIPTION>EX-23
<TEXT>
<HTML><HEAD>
<TITLE>EX-23</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="right"><B>Exhibit 23 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">We
hereby consent to the incorporation by reference in the Registration Statements on Form <FONT STYLE="white-space:nowrap">S-3</FONT> (No. <FONT STYLE="white-space:nowrap">333-213028)</FONT> and <FONT STYLE="white-space:nowrap">Form&nbsp;S-8</FONT>
(Nos. <FONT STYLE="white-space:nowrap">033-46062,</FONT> <FONT STYLE="white-space:nowrap">333-152894,</FONT> <FONT STYLE="white-space:nowrap">333-159648,</FONT> <FONT STYLE="white-space:nowrap">333-165713,</FONT>
<FONT STYLE="white-space:nowrap">333-183529,</FONT> <FONT STYLE="white-space:nowrap">333-190738</FONT> and <FONT STYLE="white-space:nowrap">333-194335)</FONT> of MBIA Inc. of our report dated March&nbsp;1, 2018 relating to the consolidated financial
statements, financial statement schedules and the effectiveness of internal control over financial reporting, which appears in this Form <FONT STYLE="white-space:nowrap">10-K.</FONT> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">/s/ PricewaterhouseCoopers LLP </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">New York, New York </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL">March&nbsp;1, 2018 </P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>4
<FILENAME>d437986dex311.htm
<DESCRIPTION>EX-31.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-31.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 31.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">I, William C. Fallon, certify that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">I have reviewed the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the period ending December&nbsp;31, 2017 as
filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;); </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented in this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules <FONT
STYLE="white-space:nowrap">13a-15(e)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(e))</FONT> and internal control over financial reporting (as defined in Exchange Act Rules <FONT STYLE="white-space:nowrap">13a-15(f)</FONT> and <FONT
STYLE="white-space:nowrap">15d-15(f))</FONT> for the Company and have: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">evaluated the effectiveness of the Company&#146;s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this Report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">disclosed in this Report that there were no changes in the Company&#146;s internal control over financial reporting that occurred during the Company&#146;s fourth quarter of 2017
that has materially affected, or is reasonably likely to materially affect, the Company&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#146;s
auditors and to the audit committee of the board of directors: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
Company&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#146;s internal control over financial reporting.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ William C. Fallon</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">William C. Fallon</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Executive Officer</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;1, 2018</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>5
<FILENAME>d437986dex312.htm
<DESCRIPTION>EX-31.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-31.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 31.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">I, Anthony McKiernan, certify that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">I have reviewed the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the period ending December&nbsp;31, 2017 as
filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;); </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, this Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the period covered by this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this Report, fairly present in all material respects the financial condition, results
of operations and cash flows of the Company as of, and for, the periods presented in this Report; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules <FONT
STYLE="white-space:nowrap">13a-15(e)</FONT> and <FONT STYLE="white-space:nowrap">15d-15(e))</FONT> and internal control over financial reporting (as defined in Exchange Act Rules <FONT STYLE="white-space:nowrap">13a-15(f)</FONT> and <FONT
STYLE="white-space:nowrap">15d-15(f))</FONT> for the Company and have: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Report is being prepared; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">evaluated the effectiveness of the Company&#146;s disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this Report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">disclosed in this Report that there were no changes in the Company&#146;s internal control over financial reporting that occurred during the Company&#146;s fourth quarter of 2017
that has materially affected, or is reasonably likely to materially affect, the Company&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Company&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#146;s
auditors and to the audit committee of the board of directors: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
Company&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#146;s internal control over financial reporting.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ Anthony McKiernan</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Anthony McKiernan</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;1, 2018</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>6
<FILENAME>d437986dex321.htm
<DESCRIPTION>EX-32.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-32.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 32.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>18 U.S.C. SECTION 1350, </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AS ADOPTED PURSUANT TO </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In connection with the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the period ending
December&nbsp;31, 2017 as filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, William C. Fallon, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. &#167;&nbsp;1350, as adopted
pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002, that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ William C. Fallon</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">William C. Fallon</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Executive Officer</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;1, 2018</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>7
<FILENAME>d437986dex322.htm
<DESCRIPTION>EX-32.2
<TEXT>
<HTML><HEAD>
<TITLE>EX-32.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 32.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:ARIAL" SIZE="2"><B>CERTIFICATION PURSUANT TO </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>18 U.S.C. SECTION 1350, </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>AS ADOPTED PURSUANT TO </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2">In connection with the Annual Report of MBIA Inc. (the &#147;Company&#148;) on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the period ending
December&nbsp;31, 2017 as filed with the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), I, Anthony McKiernan, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. &#167;&nbsp;1350, as adopted
pursuant to &#167; 906 of the Sarbanes-Oxley Act of 2002, that: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:ARIAL" SIZE="2">/s/ Anthony McKiernan</FONT></P></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Anthony McKiernan</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR STYLE="page-break-inside:avoid">
<TD VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">March&nbsp;1, 2018</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.INS
<SEQUENCE>8
<FILENAME>mbi-20171231.xml
<DESCRIPTION>XBRL INSTANCE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no" ?>
<!--Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723)-->
<!-- XBRL 2.1 & Dimensional Validation Status: Passed -->
<!-- XSD Content Model Validation Status: Passed -->
<!-- CDM/Internal Validation Status: Passed -->
<!-- EFM Validation Status: Passed -->
<!-- Formula Linkbase Validation Status: Not Performed -->
<xbrli:xbrl xmlns:country="http://xbrl.sec.gov/country/2016-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2014-01-31" xmlns:invest="http://xbrl.sec.gov/invest/2013-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:mbi="http://www.mbia.com/20171231" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:stpr="http://xbrl.sec.gov/stpr/2011-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2016-01-31" xmlns:us-roles="http://fasb.org/us-roles/2016-01-31" xmlns:us-types="http://fasb.org/us-types/2016-01-31" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.mbia.com/20171231 mbi-20171231.xsd http://www.xbrl.org/dtr/type/numeric http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd http://www.xbrl.org/dtr/type/non-numeric http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd http://xbrl.sec.gov/invest/2013-01-31 http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd http://www.xbrl.org/2009/role/negated http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd http://xbrl.sec.gov/stpr/2011-01-31 http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd http://xbrl.sec.gov/dei/2014-01-31 http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd http://fasb.org/us-types/2016-01-31 http://xbrl.fasb.org/us-gaap/2016/elts/us-types-2016-01-31.xsd http://fasb.org/us-gaap/2016-01-31 http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd http://www.xbrl.org/2006/ref http://www.xbrl.org/2006/ref-2006-02-27.xsd http://fasb.org/us-roles/2016-01-31 http://xbrl.fasb.org/us-gaap/2016/elts/us-roles-2016-01-31.xsd http://xbrl.sec.gov/country/2016-01-31 http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd">
  <link:schemaRef xlink:href="mbi-20171231.xsd" xlink:type="simple"/>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:EquityAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandThirtySixAndThereafterMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">us-gaap:AvailableforsaleSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">us-gaap:HeldtomaturitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:OtherReinsurersMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:ShortTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAggregatedInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFivePercentToFifteenPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherAmericasMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanTwentyFivePercentToFiftyPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:AccretionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:TotalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:OtherAssetsVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFiftyPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanTwentyFivePercentToFiftyPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:VariableInterestEntityDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandNineteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandNineteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_MarchThirtyOneTwoThousandSeventeenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:MarchThirtyOneTwoThousandSeventeenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherAmericasMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFifteenPercentToTwentyFivePercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeAssetsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandEighteenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandEighteenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:InvestmentsAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_SeptemberThirtyTwoThousandSeventeenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:SeptemberThirtyTwoThousandSeventeenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFiftyPercentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:UnrealizedLossPositionGreaterThanTwelveMonthsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentyOneMemberMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_JuneThirtyTwoThousandSeventeenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:JuneThirtyTwoThousandSeventeenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:FirstLienResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CDOsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFifteenPercentToTwentyFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:InvestmentsCarriedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:AssuredGuarantyCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Feb22_2018_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2018-02-22</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:TotalGainsLossesIncludedInEarningsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:InstallmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InformationByCategoryOfDebtSecurityAxis">mbi:LongTermAvailableForSaleMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtSecurityAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherAmericasMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_UnearnedPremiumsLongDurationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:UnearnedPremiumsLongDurationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_PriorToAmendmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:PriorToAmendmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSeventeenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandSeventeenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:CommercialMortgageBackedSecuritiesSpreadsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CDOsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OverseasPrivateInvestmentCorporationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:OverseasPrivateInvestmentCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:GreaterThanFivePercentToFifteenPercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaCorpSurplusNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">us-gaap:AsiaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_PremiumsReceivableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:PremiumsReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:OtherLossesAndLossAndLossAdjustmentExpenseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CDOsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UpfrontMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:OtherCreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:EuropeExcludingUnitedKingdomMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:RecoveryRatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentySixMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandTwentySixMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CededCreditRiskAxis">mbi:AssuredGuarantyReLtdMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:OtherCurrentAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherLocationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ProductOrServiceAxis">us-gaap:FinancialGuaranteeInsuranceSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_AfterAmendmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:OmnibusPlanMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:AfterAmendmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_AssuredGuarantyCorpMember_us-gaap_MajorCustomersAxis_mbi_Zohar2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis">mbi:Zohar2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:AssuredGuarantyCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">us-gaap:ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:FairValueByConsolidatedStatementsOfOperationsAxis">mbi:ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:FixedMaturitySecuritiesHeldAtFairValueVieMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_InvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:LongLivedAssetsHeldForSaleByAssetTypeAxis">us-gaap:InvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:WeightedAverageLifeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis">mbi:UnrealizedGainsLossesOnInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MultiSectorCDOMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredRevenueArrangementTypeAxis">mbi:UnearnedPremiumRevenueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:DecemberThirtyOneTwoThousandThirtyOneNineMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:GB</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_AssuredGuarantyCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:AssuredGuarantyCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_MajorCustomersAxis_mbi_Zohar2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis">mbi:Zohar2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_Zohar2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis">mbi:Zohar2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_CreditFacilityAxis_mbi_UndrawnMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:UndrawnMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MBIACorpFinancingFacilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:OtherAssetsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpAndNationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:OtherInsurersMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_FixedIncomeFundsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:FixedIncomeFundsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherPayableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherPayableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherPayableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:BETValuationModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesOtherInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_MbiaCorpSurplusNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:MbiaCorpSurplusNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ParentCompanyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_SecuritiesPledgedAsCollateralMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:SecuritiesPledgedAsCollateralMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalPublicFinanceGuaranteeHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalPublicFinanceGuaranteeHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalPublicFinanceGuaranteeHoldingsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_TrifiniumHoldingsLimitedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:TrifiniumHoldingsLimitedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaServicesCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:TotalInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:ResidentialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:ConsumerAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:CorporateAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DiscountedCashFlowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:ImpactOfFinancialGuaranteeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:DiscountedCashFlowsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AdditionalPaidInCapitalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:TreasuryStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:RetainedEarningsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:ParentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:MoneyMarketSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_FixedIncomeFundsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:FixedIncomeFundsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:LoansreceivableatfairvalueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel2Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:InsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:InterestRateDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByLiabilityClassAxis">mbi:NonInsuredDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:LiabilitiesOfConsolidatedViesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:EstimateOfFairValueFairValueDisclosureMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:DisclosedAtFairValueNotRecordedAtFairValueAxis">mbi:ValueDisclosedAtFairValueNotRecordedAtFairValueMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByMeasurementBasisAxis">us-gaap:CarryingReportedAmountFairValueDisclosureMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CurrencyDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:ResidentialPortfolioSegmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">us-gaap:LoansReceivableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis">mbi:LoanRepurchaseCommitmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherDerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:VariableInterestEntityNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:ResidentialMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USTreasuryAndGovernmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:USStatesAndPoliticalSubdivisionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:ForeignGovernmentDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedAgencyMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:ResidentialMortgageBackedNonAgencyMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:OtherAssetBackedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingAaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingaMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBbbMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ExternalCreditRatingByGroupingAxis">mbi:CreditRatingBelowInvestmentGradeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InsuranceOperationsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditDerivativesByContractTypeAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsHeldForSaleMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsEmbeddedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:CurrencySwapsVieMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:OtherAssetsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:CreditDefaultSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InsuredSwapsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">us-gaap:InterestRateSwapMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:AllOtherMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DerivativeInstrumentRiskAxis">mbi:InterestRateSwapsVIEMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:HedgingDesignationAxis">us-gaap:NondesignatedMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:BalanceSheetLocationAxis">mbi:DerivativeLiabilitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:SurplusNotesDueTwoThousandThirtyThreeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:CorporateDebtSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:CorporateOperationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:OperatingSegmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ConsolidationItemsAxis">us-gaap:IntersegmentEliminationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Jun30_2017_Entity_0000814585">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-06-30</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:RecoveriesOnUnpaidLossesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:InsuranceLossRecoverableMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:FairValueBelowBookValueGreaterThanFivePercentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:PolicyholdersSurplusMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_LossReservesAndUnearnedPremiumReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">mbi:LossReservesAndUnearnedPremiumReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:USPublicFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LossAndLaeReservesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListLowMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListMediumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:CautionListHighMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:SurveillanceCategoriesAxis">mbi:ClassifiedListMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:PensionPlansDefinedBenefitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:PensionPlansDefinedBenefitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:PensionPlansDefinedBenefitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:QualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedPensionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">mbi:NonqualifiedProfitSharingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CollateralizedDebtObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:AssetBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:PerpetualDebtAndEquitySecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaUkMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaCorpSurplusNotesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_PuertoRicoMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis">mbi:PuertoRicoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2018_TO_Jan01_2018_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_PuertoRicoMember_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorCustomersAxis">mbi:PuertoRicoMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2018-01-01</xbrli:startDate>
      <xbrli:endDate>2018-01-01</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MinimumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_InitialMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MBIACorpFinancingFacilityMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InitialMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-01-20</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan20_2017_TO_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_InitialMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MBIACorpFinancingFacilityMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:InitialMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-20</xbrli:startDate>
      <xbrli:endDate>2017-01-20</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_OutstandingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MBIACorpFinancingFacilityMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:CreditFacilityAxis">mbi:OutstandingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MBIACorpFinancingFacilityMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-01-20</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:CA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:IL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NY</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:PR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NJ</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:TX</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:HI</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:VA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:FL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:OR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:SubTotalInsuranceInForceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CountrySpecificMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:CA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:IL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NY</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:PR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:NJ</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:TX</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:HI</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:VA</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:FL</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">stpr:OR</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:SubTotalInsuranceInForceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:OtherStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:InternationallyDiversifiedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:CountrySpecificMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationLeaseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HigherEducationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HealthCareMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MilitaryHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InvestorOwnedUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InternationalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:SovereignRelatedAndSubSovereignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:GeneralObligationLeaseMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TaxBackedMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HigherEducationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:HealthCareMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MilitaryHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InvestorOwnedUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:MunicipalHousingMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">country:US</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:TransportationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:OtherPublicFinanceMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:InternationalUtilitiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalPublicFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementGeographicalAxis">mbi:NonUnitedStatesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:SovereignRelatedAndSubSovereignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:StructuredInsuranceSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:GuaranteeObligationsByNatureAxis">mbi:GlobalStructuredFinanceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:UnderlyingAssetClassAxis">mbi:StructuredInsuranceSecuritizationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:LaeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_IneligibleMortgageLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:ClaimLiabilityAxis">mbi:IneligibleMortgageLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:NationalMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaIncMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:MbiaIncSeniorNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2018_TO_Jan01_2018_Entity_0000814585_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:SubsequentEventTypeAxis">us-gaap:SubsequentEventMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2018-01-01</xbrli:startDate>
      <xbrli:endDate>2018-01-01</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:MbiaCorpMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember_us-gaap_RangeAxis_us-gaap_MaximumMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis">us-gaap:PensionPlansDefinedBenefitMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:EmployeeStockOptionMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_StatementScenarioAxis_mbi_StockPriceTargetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:StockPriceTargetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_StatementScenarioAxis_mbi_InternalPerformanceConditionsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementScenarioAxis">mbi:InternalPerformanceConditionsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2014-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2015-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">us-gaap:RestrictedStockMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2016-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:HighbridgeInternationalLlcMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">us-gaap:WarrantMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:HighbridgeInternationalLlcMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:HighbridgeInternationalLlcMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:GrossupWarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:HighbridgeInternationalLlcMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ClassOfWarrantOrRightAxis">mbi:GrossupWarrantMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:PreferredStockMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_mbi_UnaffiliatedInvestorsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">mbi:InsuranceCorporationMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:UnaffiliatedInvestorsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwothousandfourteenrepurchaseauthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:JulyTwoThousandFifteenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:OctobertwothousandfifteenrepurchaseauthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandSixteenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:TwoThousandSixteenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:JuneTwoThousandSeventeenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">mbi:NovemberTwoThousandSeventeenRepurchaseAuthorizationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:LongTermIncentivePlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:AwardTypeAxis">mbi:LongTermIncentivePlanMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FinancialInstrumentAxis">mbi:WrappedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:AllOtherSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MinimumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:MaximumMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:RangeAxis">us-gaap:WeightedAverageMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="mbi:UnobservableInputAxis">mbi:NonperformanceRiskMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">mbi:CreditDerivativesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:ValuationTechniqueAxis">mbi:DirectPriceModelMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel1Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CashAndCashEquivalentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">mbi:OtherFixedMaturityInvestmentsMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:FixedMaturitiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:MajorTypesOfDebtAndEquitySecuritiesAxis">us-gaap:MortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:AssetsOfConsolidatedVIEsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">mbi:CorporateObligationMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:FairValueByFairValueHierarchyLevelAxis">us-gaap:FairValueInputsLevel3Member</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:VariableInterestEntitiesByClassificationOfEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="invest:InvestmentAxis">us-gaap:CommercialMortgageBackedSecuritiesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:instant>2017-12-31</xbrli:instant>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">mbi:OtherLoansMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="dei:LegalEntityAxis">us-gaap:VariableInterestEntityPrimaryBeneficiaryMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:InvestmentTypeAxis">us-gaap:OtherAssetsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:DomesticMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="mbi:IncomeBeforeIncomeTaxesAxis">mbi:ForeignMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2016-01-01</xbrli:startDate>
      <xbrli:endDate>2016-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedTranslationAdjustmentMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis">us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis">us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2015-01-01</xbrli:startDate>
      <xbrli:endDate>2015-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:InvestmentAgreementObligationsMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">us-gaap:MediumTermNotesMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:context id="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember">
    <xbrli:entity>
      <xbrli:identifier scheme="http://www.sec.gov/CIK">0000814585</xbrli:identifier>
      <xbrli:segment>
        <xbrldi:explicitMember dimension="us-gaap:StatementBusinessSegmentsAxis">mbi:InternationalAndStructuredFinanceInsuranceMember</xbrldi:explicitMember>
        <xbrldi:explicitMember dimension="us-gaap:DebtInstrumentAxis">mbi:VariableInterestEntityDebtMember</xbrldi:explicitMember>
      </xbrli:segment>
    </xbrli:entity>
    <xbrli:period>
      <xbrli:startDate>2017-01-01</xbrli:startDate>
      <xbrli:endDate>2017-12-31</xbrli:endDate>
    </xbrli:period>
  </xbrli:context>
  <xbrli:unit id="USD">
    <xbrli:measure>iso4217:USD</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="pure">
    <xbrli:measure>xbrli:pure</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="shares">
    <xbrli:measure>xbrli:shares</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="USDPerShare">
    <xbrli:divide>
      <xbrli:unitNumerator>
        <xbrli:measure>iso4217:USD</xbrli:measure>
      </xbrli:unitNumerator>
      <xbrli:unitDenominator>
        <xbrli:measure>xbrli:shares</xbrli:measure>
      </xbrli:unitDenominator>
    </xbrli:divide>
  </xbrli:unit>
  <xbrli:unit id="Policies">
    <xbrli:measure>utr:policy</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Issues">
    <xbrli:measure>utr:issue</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="myYears">
    <xbrli:measure>mbi:Y</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Security">
    <xbrli:measure>utr:security</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Lawsuits">
    <xbrli:measure>utr:Lawsuits</xbrli:measure>
  </xbrli:unit>
  <xbrli:unit id="Segments">
    <xbrli:measure>utr:segments</xbrli:measure>
  </xbrli:unit>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_0" unitRef="USD">165000000</us-gaap:OtherLiabilities>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:366.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:366.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,295&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,741&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;216&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,010&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;981&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,418&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,645&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,939&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,461&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15,568&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;30,507&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8,985&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:367.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:367.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,167&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,796&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,893&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,331&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,625&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20,088&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10,391&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;44,306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;64,394&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22,442&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:17.45pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. Excludes $125 million that is included within &amp;#8220;Assets held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.6pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. Excludes $134 million that is included within &amp;#8220;Liabilities held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_3" unitRef="USD">362000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_4" unitRef="USD">0</us-gaap:CashIncludingDiscontinuedOperations>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_5" unitRef="USD">0</us-gaap:AssumedPremiumsWritten>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_6" unitRef="USD">25000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_7">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Domestic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(638)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(362)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;303&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(661)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(339)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_8" unitRef="USD">13000000</us-gaap:NetIncomeLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_9" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_10" unitRef="USD">1679000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="2" id="ID_11" unitRef="USDPerShare">1.06</us-gaap:EarningsPerShareDiluted>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_12" unitRef="USD">843000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_13" unitRef="USD">7000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_14" unitRef="shares">16559937</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_15" unitRef="USD">5010000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_16" unitRef="USD">7295000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_17" unitRef="USD">22000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_18" unitRef="shares">917039</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_19" unitRef="USD">0</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_20" unitRef="USD">106000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_21" unitRef="USD">-1000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_22" unitRef="USD">-6000000</us-gaap:NetInvestmentIncome>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_23" unitRef="USD">7000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_24" unitRef="USD">238000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_25" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_26" unitRef="USD">106000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_27" unitRef="USD">97000000</us-gaap:InterestExpense>
  <mbi:SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_28">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Standard &amp;amp;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Letters of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Poor&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Moody&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit/ Trust&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurance&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Re Ltd.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;WR&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,321&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Corp.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Overseas Private&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA+&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;281&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   Investment Corporation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A+ or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;WR&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Represents a withdrawal of ratings.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_29">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;   residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(236)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;   corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;737&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(324)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;168&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:552pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(39)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(258)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;396&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,834&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(344)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(109)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(144)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock>
  <us-gaap:FairValueOptionQuantitativeDisclosuresTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_30">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity securities held at fair value-VIE&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(146)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(158)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(268)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(246)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Variable interest entity notes &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;383&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;___________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueOptionQuantitativeDisclosuresTextBlock>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_31" unitRef="USD">116000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:DeferredPolicyAcquisitionCosts contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_32" unitRef="USD">95000000</us-gaap:DeferredPolicyAcquisitionCosts>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_33" unitRef="USD">134000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_34" unitRef="USD">205000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_35" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_36" unitRef="USD">-206000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_37" unitRef="USD">35000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_38" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" id="ID_39">P8Y8M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_40" unitRef="USD">372000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_41" unitRef="USD">1069000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_42" unitRef="USD">82000000</us-gaap:Revenues>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_43" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_44" unitRef="USD">-1000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_45" unitRef="USD">1821000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_46" unitRef="USD">39000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_47" unitRef="USD">-17000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_48" unitRef="USD">979000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_49" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_50" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_51" unitRef="USD">109000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_52" unitRef="USD">12000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_53" unitRef="pure">0.35</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" decimals="-6" id="ID_54" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_55" unitRef="USD">129000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_56" unitRef="USD">4423000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_57" unitRef="USD">-131000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_58" unitRef="USD">199000000</us-gaap:InterestExpense>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_59" unitRef="myYears">1.1</mbi:FairValueDisclosureWeightedAverageInYears>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_60" unitRef="pure">0.33</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_61" unitRef="USD">890000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_62" unitRef="USD">30000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_63" unitRef="USD">3000000</us-gaap:UnearnedPremiums>
  <mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_64" unitRef="USD">56000000</mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_65" unitRef="USD">128000000</mbi:RevenuesOfConsolidatedVies>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember" decimals="-6" id="ID_66" unitRef="USD">91000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_67" unitRef="USD">9095000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_68" unitRef="USD">182000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <dei:DocumentFiscalYearFocus contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_69">2017</dei:DocumentFiscalYearFocus>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_70" unitRef="USD">407000000</mbi:LoanRepurchaseCommitments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_71" unitRef="USD">19000000</us-gaap:Investments>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_72" unitRef="USD">41000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_73" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_74" unitRef="USD">-338000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_75" unitRef="USD">244000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_76" unitRef="USD">10000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_77" unitRef="USD">1014000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_78" unitRef="Policies">375</mbi:NumberOfPolicies>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_79" unitRef="USD">102000000</us-gaap:InterestExpense>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="-6" id="ID_80" unitRef="USD">0</mbi:FairValueMeasurementRangeDollars>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_81" unitRef="USD">0</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_82" unitRef="USD">676000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_83" unitRef="USD">499000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_84" unitRef="USD">-47000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_85" unitRef="USD">199000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_86" unitRef="USD">362000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <dei:EntityRegistrantName contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_87">MBIA INC</dei:EntityRegistrantName>
  <us-gaap:InvestmentOwnedAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_88" unitRef="USD">4000000</us-gaap:InvestmentOwnedAtFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_89" unitRef="USD">2000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_90" unitRef="USD">0</us-gaap:AssumedPremiumsWritten>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_91" unitRef="USD">-11000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_92" unitRef="USD">13000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_93" unitRef="USD">-43000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_94" unitRef="USD">10000000</mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_95" unitRef="USD">-2203000000</us-gaap:Assets>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_96" unitRef="USD">353000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <us-gaap:DeferredTaxAssetsOtherComprehensiveLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_97" unitRef="USD">5000000</us-gaap:DeferredTaxAssetsOtherComprehensiveLoss>
  <us-gaap:NumberOfOperatingSegments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_98" unitRef="Segments">3</us-gaap:NumberOfOperatingSegments>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_99" unitRef="USD">979000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <dei:EntityCentralIndexKey contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_100">0000814585</dei:EntityCentralIndexKey>
  <mbi:ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_101">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;485&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2052)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:303pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:303pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2017.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="INF" id="ID_102" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_103" unitRef="USD">-51000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_104" unitRef="USD">14000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_105" unitRef="USD">116000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember" decimals="-6" id="ID_106" unitRef="USD">29000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_107" unitRef="USD">396000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_108" unitRef="USD">661000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions>
  <mbi:NumberOfOtherLawsuits contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_109" unitRef="Lawsuits">0</mbi:NumberOfOtherLawsuits>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_110" unitRef="USD">-125000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_111" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_112" unitRef="USD">1000000</us-gaap:FeesAndCommissionsOther>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_113" unitRef="USD">-40000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="-6" id="ID_114" unitRef="USD">49000000</mbi:FairValueMeasurementRangeDollars>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="2" id="ID_115" unitRef="pure">0.5</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_116" unitRef="USD">1145000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_117" unitRef="USD">335000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_118" unitRef="USD">174000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_119" unitRef="USD">1117000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_120" unitRef="USD">5000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_121" unitRef="USD">2289000000</us-gaap:NotesPayable>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_122" unitRef="USD">69000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_123">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Deferred income taxes are recorded with respect to loss carryforwards and temporary differences &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;between the tax bases of assets and liabilities and the reported amounts in the Company&amp;#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uch temporary differences relate principally to net operating losses, accrued surplus note interest, loss reserve deductions, premium revenue recognition, deferred acquisition costs, asset impairments net foreign tax credits. Valuation allowances are estab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lished to reduce deferred tax assets to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant auth&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ority.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118 (&amp;#8220;SAB 118&amp;#8221;) to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available in reas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onable detail to complete the accounting for certain income tax effects of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Tax Cuts and Jobs Act (the &amp;#8220;Act&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#160;Pursuant to the guidance within SAB 118, the Company&amp;#8217;s remeasurement of its deferred taxes included certain provisional effects associated wit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h enactment of the Act for which measurement could be reasonably estimated. SAB 118&amp;#160;provides a measurement period that should not extend beyond one year from the Act enactment date for&amp;#160;companies to complete the accounting under Accounting Standards Codific&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ation (&amp;#8220;ASC&amp;#8221;) 740.&amp;#160;If a company cannot determine&amp;#160;a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of&amp;#160;the provisions of the tax laws that were in effect immediately before the enactment of t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Act.&amp;#160;Additional information that may affect the provisional amounts would include completion of the Company&amp;#8217;s 2017 tax return filing, and potential future guidance from the Internal Revenue Service.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc. and its eligible U.S. subsidiaries file a co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsolidated federal income tax return. The U.S. income taxes are allocated based on the provisions of the&amp;#160;Company&amp;#8217;s tax sharing agreement which governs the intercompany settlement of tax obligations and benefits. The method of allocation between the members&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is generally based upon calculations as if each member filed a separate tax return on its own.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Under the Company&amp;#8217;s tax sharing agreement, each member with a net operating loss (&amp;#8220;NOL&amp;#8221;) will receive the benefits of its tax losses and credits as it is able t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o earn them out in the future. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;G&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iven &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present facts and circumstances&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company no longer anticipates providing compensation to any member for expiring NOLs, capital losses or tax credit carryforwards.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; liability for an unrecognized tax benefit (&amp;#8220;UTB&amp;#8221;), assumptions may be made in determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; be realized. A tax position is recognized only when, based on management&amp;#8217;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;based on the Company&amp;#8217;s assessment of the largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled throu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh negotiation with the taxing authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; amount previously recognized&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company recognizes an adjustment of the UTB.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional information about the Company&amp;#8217;s income taxes.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:IncomeTaxPolicyTextBlock>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_124" unitRef="USD">105000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_125" unitRef="USD">2000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_126" unitRef="USD">-5000000</us-gaap:NetInvestmentIncome>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_127" unitRef="USD">368000000</us-gaap:RepaymentsOfNotesPayable>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_128" unitRef="USD">2000000</us-gaap:AssumedPremiumsEarned>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_129" unitRef="USD">23000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_130" unitRef="USD">30507000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_131" unitRef="USD">129000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_132">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Change in Unrealized Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for the Period Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for Assets and Liabilities still&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;held as of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;159&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;145&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gains (losses) and other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   Net gains (losses) on financial instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;      at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_133" unitRef="USD">0</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_134" unitRef="USD">3171000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_135" unitRef="USD">28000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_136" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_137" unitRef="USD">944000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_138" unitRef="USD">131000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_139" unitRef="USD">330000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_140" unitRef="USD">-130000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_141" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_142" unitRef="USD">175000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_143" unitRef="USD">294000000</us-gaap:Revenues>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_144" unitRef="USD">21000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_145" unitRef="USD">-1000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" id="ID_146">P7Y6M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_147">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;262&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;370&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;683&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(130)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;607&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;151&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;466&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(130)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,094&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(407)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(188)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(661)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(152)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;556&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(603)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;944&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(255)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(625)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,331)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;606&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,582&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,312&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,203)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,095&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;335&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;480&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;84&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(279)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(282)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(131)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;427&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(131)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(469)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(339)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;176&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(417)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,077&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,486&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,905)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:305.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:305.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;530&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:222.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:222.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(164)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(164)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;190&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;199&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(160)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(160)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;564&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;291&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;289&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;191&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,599&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,870&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,898)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,836&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_148" unitRef="USD">116000000</us-gaap:InterestExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_149" unitRef="USD">42000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_150" unitRef="USD">768000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_151" unitRef="USD">1000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_152">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;308&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;573&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Surplus Notes due 2033&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total debt obligations due&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,513&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_153" unitRef="USD">106000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_154" unitRef="USD">49000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_155" unitRef="USD">157000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_156" unitRef="USD">589000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_157" unitRef="USD">-32000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_158" unitRef="USD">129000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_159" unitRef="USD">22000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_160" unitRef="USDPerShare">6.2601</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:ComprehensiveIncomeNoteTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_161">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 19: Accumulated Other Comprehensive Income &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; followin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; changes in the components of AOCI fo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;on AFS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Foreign Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Translation, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, January 1, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(82)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(39)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(61)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(95)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(95)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(67)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(134)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:337.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18.6pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:510pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:510pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes items included in the Company&amp;#39;s loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; followin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; details of the reclassifications from AOCI fo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amounts Reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;Details about AOCI Components&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Affected Line Item on the Consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Statements of Operations&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on AFS securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on sale of securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;     and foreign exchange &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Amortization on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment income &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total reclassifications for the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ComprehensiveIncomeNoteTextBlock>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_162" unitRef="USD">262000000</us-gaap:RevenueOtherFinancialServices>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_163" unitRef="USD">34000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_164" unitRef="USD">71000000</mbi:VieInterestNet>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_165" unitRef="USD">78000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_166" unitRef="USD">2412000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_167" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_168" unitRef="USD">406000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_169" unitRef="pure">0.1</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_170" unitRef="USD">197000000</us-gaap:InterestExpense>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_171" unitRef="USD">146000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_172" unitRef="USD">116000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="2" id="ID_173" unitRef="pure">0.5</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_174" unitRef="USD">3118000000</us-gaap:TreasuryStockValue>
  <us-gaap:ReinsurancePayable contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_175" unitRef="USD">25000000</us-gaap:ReinsurancePayable>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_176" unitRef="USD">86000000</us-gaap:NetInvestmentIncome>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_177" unitRef="USD">93000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_178" unitRef="USD">-5000000</us-gaap:ProceedsFromPaymentsForOtherFinancingActivities>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_179" unitRef="USD">197000000</us-gaap:InterestExpense>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_180" unitRef="USD">232000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_181" unitRef="shares">1000000</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_182" unitRef="USD">0</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_183" unitRef="USD">381000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_184" unitRef="USD">680000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_185" unitRef="USD">63000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_186" unitRef="USD">-1015000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_187" unitRef="USD">0</mbi:InsuranceLossRecoverable>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_188" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_189" unitRef="USD">63000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_190" unitRef="USD">-2000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_191" unitRef="USD">17445000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_192" unitRef="USD">676000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_193" unitRef="USD">-1000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_194" unitRef="USD">1413000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_195">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:295.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:295.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;511&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;583&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;546&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes amounts which have been paid and are expected to be recovered in the future. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - As of December 31, 2017 and 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;577&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;677&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;583&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:433.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Excludes Puerto Rico and Zohar II recoveries, which have been netted against reserves.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_196" unitRef="USD">261000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_197" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_198" unitRef="USD">0</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_199" unitRef="USD">1000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_200" unitRef="USD">40000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_201" unitRef="USD">11000000</us-gaap:RepaymentsOfLongTermDebt>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_202" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_203" unitRef="USD">305000000</invest:DerivativeNotionalAmount>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_204" unitRef="USD">169000000</us-gaap:InterestPaidNet>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_205" unitRef="USD">261000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_206" unitRef="shares">-1925990</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="0" id="ID_207" unitRef="Issues">20</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_208" unitRef="USD">512000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_209" unitRef="USD">369000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_210" unitRef="USD">5100000000</mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_211" unitRef="pure">0.4</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="INF" id="ID_212" unitRef="Security">2</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_213" unitRef="USD">110000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_214" unitRef="USD">7000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <dei:EntityFilerCategory contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_215">Large Accelerated Filer</dei:EntityFilerCategory>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_216" unitRef="USD">289000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_217" unitRef="USD">319000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_218" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_219" unitRef="USD">2801000000</invest:DerivativeNotionalAmount>
  <dei:DocumentType contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_220">10-K</dei:DocumentType>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_221" unitRef="USD">1204000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <dei:DocumentFiscalPeriodFocus contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_222">Q4</dei:DocumentFiscalPeriodFocus>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_223" unitRef="USD">683000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_224" unitRef="USD">-1605000000</us-gaap:NetIncomeLoss>
  <us-gaap:NatureOfOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_225">&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 1: Business Developments and Risks and Uncertainties&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Summary&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc., together with its consolidated subsidiaries, (collectively, &amp;#8220;MBIA&amp;#8221; or the &amp;#8220;Company&amp;#8221;) operates within the financial guarantee insurance industry. MBIA manages three operating segments: 1) United States (&amp;#8220;U.S.&amp;#8221;) public finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insurance; 2) corporate; and 3) international and structured finance insurance.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s U.S. public finance insurance business is primarily operated through National Public Finance Guarantee Corporation (&amp;#8220;National&amp;#8221;) and its international and structu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;red finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&amp;#8220;MBIA Corp.&amp;#8221;). &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Effective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;January &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017, MBIA Corp.&amp;#8217;s wholly&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owned subsidiary, MBIA UK (Holdings) Limited (&amp;#8220;MBIA UK Holdings&amp;#8221;), sold its oper&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ating subsidiary, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA UK Insurance Limited (&amp;#8220;MBIA UK&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, to Assured Guaranty Corp. (&amp;#8220;Assured&amp;#8221;), a subsidiary of Assured Guaranty Ltd. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer below for a further discussion of the sale of MBIA UK. Unless otherwise indicated or the context &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;otherwise requires,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; references to &amp;#8220;MBIA Corp.&amp;#8221; are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(i) for any references relating&amp;#160;to the period ended January 10, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;017, to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK, and MBIA Mexico S.A. de C.V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;MBIA Mexico&amp;#8221;) and (ii) for any references relating&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to the period after January 10, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;017, to MBIA Insurance Corporation together &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Mexico.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 12: Business Segments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for further information about the Company&amp;#8217;s operating segments. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Business Developments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Strength Ratings&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On June 26, 2017, Stand&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ard &amp;amp; Poor&amp;#8217;s Financial Services LLC (&amp;#8220;S&amp;amp;P&amp;#8221;) downgraded the financial strength rating of National from AA- with a stable outlook to A with a stable outlook. National&amp;#8217;s ability to write new business and to compete with other financial guarantors &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s largely &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dependent on the financial strength ratings assigned to National by major rating agencies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rating&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; assigned by S&amp;amp;P, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would be &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;difficult for National to compete with higher-rated competitors&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Theref&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ore, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at that time, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ceased its efforts to actively pursue writing new financial guarantee business. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On November 28, 2017, the Company provided notice to S&amp;amp;P terminating the agreements by which S&amp;amp;P agreed to provide financial strength ratings to MBIA Inc., National and MBIA Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rp. On December 1, 2017, S&amp;amp;P affirmed National&amp;#8217;s A with a stable outlook rating and subsequently withdrew all of its ratings. On September 28, 2017, National provided notice to Kroll Bond Rating Agency (&amp;#8220;Kroll&amp;#8221;) terminating the agreement by which Kroll agr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eed to provide a financial strength rating to National. On December 5, 2017, Kroll downgraded the financial strength rating of National from AA+ to AA with a negative outlook and subsequently withdrew its rating. On September 28, 2017, the Company provided&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; notice to Moody&amp;#8217;s Investors Services (&amp;#8220;Moody&amp;#8217;s&amp;#8221;) terminating the agreement by which Moody&amp;#8217;s agreed to provide financial strength ratings to MBIA Inc., National, MBIA Corp. and MBIA Mexico. On January 17, 2018, Moody&amp;#8217;s downgraded the financial strength rat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing of National to Baa2 from A3 with a stable outlook, affirmed the financial strength rating of MBIA Corp. at Caa1 with a developing outlook, d&lt;/font&gt;&lt;font style='font-family:TimesNewRomanPSMT;font-size:10pt;' &gt;owngraded MBIA Inc.&amp;#8217;s rating to Ba3 with a stable outlook from Ba1 with a negative outlook, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and affirmed the financial strength rating of MBIA Mexico at Caa1/B3.mx with a developing outlook. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Moody&amp;#8217;s, at its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; discretion and in the absence of a contract with the Company, continues to maintain ratings on MBIA Inc. and its subsidiaries.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Full &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Valuation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Allowance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Deferred Tax Asset&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;had a full &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;valuation al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowance on its net deferred tax asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of $770 million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for further information about this valuation allowance on the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax asset.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Sale of MBIA UK &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On January 10, 2017, MBIA UK Holdings sold its operating subsidia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry, MBIA UK, and made a cash payment of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;23&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, to Assured in exchange for the receipt by MBIA UK Holdings of certain notes owned by Assured that were issued by Zohar II 2005-1, Limited (&amp;#8220;Zohar II&amp;#8221;) with an aggregate outstanding principal amount of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;47&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million as of January 10, 2017 (the &amp;#8220;Sale Transaction&amp;#8221;). &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In connection with the sale, the Company adjusted the carrying value of MBIA UK to its fair value less costs to sell and recorded a $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;278&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million loss in 2016. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company recorded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a gain of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to adjust the carrying value of MBIA UK to its fair value less costs to sell as of the sale date. These results were reflected in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s international and structured finance insurance segment and included in &amp;#8220;Other net realized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gains (losses)&amp;#8221; on the Company&amp;#8217;s consolidated statement of operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Held for Sale Classification&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The assets and liabilities of MBIA UK were classified as held for sale as of December 31, 2016 and presented within &amp;#8220;Assets held for sale&amp;#8221; and &amp;#8220;Liabilities held for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheet. Income &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(loss) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;before income taxes for MBIA UK was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;income of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;45&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and a loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the years ended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and 2015, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The fol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowing table summarizes the components of assets and liabilities held for sale as of December 31&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 2016:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:105pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:105pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;466&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Premiums receivable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(270)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;555&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;346&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Corp. Financing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Facility&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On January 10, 2017, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. executed a financing facility (the &amp;#8220;Facility&amp;#8221;) with affiliates of certain holders of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% Fixed-to-Floating Rate Surplus Notes of MBIA Corp. (collectively, the &amp;#8220;Senior Lenders&amp;#8221;), and with MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Inc., pursuant to which the Senior Lenders have provided $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;325&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of senior financing and MBIA Inc. has provide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;38&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of subordinated financing to MZ Funding LLC (&amp;#8220;MZ Funding&amp;#8221;), a newly formed wholly-owned subsidiary of the Company, which in tur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n lent the proceeds of such financing to MBIA Corp. MBIA Corp. issued financial guarantee insurance policies insuring MZ Funding&amp;#8217;s obligations under the Facility. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 10: Debt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for further information about the Facility.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Risks and Uncertainties&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company to revise its estimates and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;assumptions or could cause actual results to differ from the Company&amp;#8217;s estimates. The discussion below highlights the significant risks and uncertainties that could have a material effect on the Company&amp;#8217;s financial statements and business objectives in fut&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ure periods.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Market Conditions&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National continues to surveil and remediate its existing insured portfolio and will seek opportunities to enhance shareholder value using its strong financial resources, while protecting the interests of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; all of its policyholders. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Certain state and local governments and territory obligors that National insures remain under financial and budgetary stress. This could lead to an increase in defaults by such entities on the payment of their obligations and los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ses or impairments on a greater number of the Company&amp;#8217;s insured transactions. National monitors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In particular, the Commonwe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alth of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Puerto Rico &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and certain of its instrumentalities (&amp;#8220;Puerto Rico&amp;#8221;) are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; experiencing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;significant &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fiscal stress and constrained liquidity due to, among other things, Puerto Rico&amp;#8217;s structural budget imbalance, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the lack of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;access to the capital markets, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stagnating local economy, net migration of people out of Puerto Rico and a high debt burden&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Although Puerto Rico has tried to address its challenges through various fiscal policies, it continues to experience significant fiscal stress. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Puerto Rico defau&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lted on scheduled debt service for National insured bonds and National paid gross claims in the aggregate of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;242&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million during 2017. On January 1, 2018, Puerto Rico also defaulted on scheduled debt service for National insured bonds and National paid gro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss claims in the aggregate of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;69&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;On September 20, 2017, Hurricane Maria made landfall in Puerto Rico as a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Category 4 hurricane resulting in catastrophic damage to much of the island&amp;#8217;s basic infrastructure, including its electrical transmission an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September 21, 2017, the President of the United States approved a Major Disaster Declaration for Puerto Rico and the Federal Emergency Management Agency (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;FEMA&amp;#8221;) made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&amp;#8217;s impact on Puerto Rico will likely also impact its ability to both repay its legacy indebtedness and participate in ongoing debt restruct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uring negotiations. The physical damage and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private insurance, relief from FEMA and other federal agencies and programs. Economic activity in Puerto Rico may not retur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n to pre-hurricane levels and Puerto Rico&amp;#8217;s recovery could be more shallow and protracted than that experienced by other similarly affected governments, given Puerto Rico&amp;#8217;s prior constrained liquidity and economic activity. While the federal government has&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; made aid available to Puerto Rico, there can be no assurance that such aid will continue in the amounts necessary to offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal gover&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nment, through its actions to deliver disaster relief and other support services, in addition to the evolving role of the Financial Oversight and Management Board for Puerto Rico (&amp;#8220;Oversight Board&amp;#8221;) and the role of Puerto Rico in its own recovery, heighten&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s political risk in connection with the restructuring of legacy debt. This risk could lead the Oversight Board, Puerto Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&amp;#8217;s long term &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase materially.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Insured Portfolio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Corp.&amp;#8217;s primary objectives are to satisfy claims of its policyholders, maximize future recoveries, if any, f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or its Senior Lenders and surplus note holders and, then its preferred stock holders. MBIA Corp. is executing this strategy by pursuing various actions focused on maximizing the collection of recoveries and by reducing potential losses on its insurance exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;osures. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s insured portfolio could deteriorate and result in additional significant loss reserves and claim payments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&amp;#8217;s ability to meet its obligations is limited by available liquidity and its ability to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;secure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liquidity &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;through financing and other transactions. There can be no assurance that MBIA Corp. will be successful in generating sufficient cash to meet its obligations. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On January 20, 2017, MBIA Corp. was presented with and fully satisfied a claim &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;770&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million (t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &amp;#8220;Zohar II Claim&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance policy it had written insuring the certain notes issued by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar II.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. was able to satisfy the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar II Claim &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as a result of having completed the Sale Transaction and by borrowing from the Facility&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as describe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d above, together with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its own &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;resources. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Failure to recover a substantial amount of such payments could impede its ability to make payments when due on other policies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. believes that if the New York State De&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;partment of Financial Services (&amp;#8220;NYSDFS&amp;#8221;) concludes at any time that MBIA Insurance Corporation will not be able to pay its policyholder claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Ar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ticle 74 of the New York Insurance Law (&amp;#8220;NYIL&amp;#8221;) and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA Insurance Corporation&amp;#8217;s policyholders. The determination to commence such a proceeding or take other such actio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns is within the exclusive control of the NYSDFS. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Given the separation of MBIA Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and MBIA Corp. as distinct legal entities, the absence of any cross defaults between the entities and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vidends, the Company does not believe that a rehabilitation or liquidation proceeding with respect to MBIA Insurance Corporation would have any significant liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA Mexico. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Such &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&amp;#8220;CDS&amp;#8221;) and other derivative contracts for which counterparties may assert market-based claims, the acceleration of debt obligat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ions issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Zohar and RMBS Recoveries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Payment of a claim in November of 2015 on MBIA Corp.&amp;#8217;s policy insuring t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he class A-1 and A-2 notes issued by Zohar CDO 2003-1, Limited (&amp;#8220;Zohar I&amp;#8221;) and satisfying the Zohar II Claim in 2017, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entitles MBIA Corp. to reimbursement of such amounts plus interest and expenses and/or to exercise certain rights and remedies to seek recovery of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;such amounts. However, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;here can be no assurance that the value of the Zohar assets will be sufficient to permit MBIA Corp. to recover all or substantially all of the payments it made on Zohar I and Zohar II.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The amount and timing of projected collections from excess spread &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and subsequent recoveries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from residential mortgage-backed securities (&amp;#8220;RMBS&amp;#8221;) and the put-back recoverable from Credit Suisse are uncer&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tain. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;information about MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecoveries. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Corporate Liquidity &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Based on the Company&amp;#8217;s projections of National&amp;#8217;s dividends, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;additional anticipated releases under its tax sharing agreement and related tax escrow account (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Tax Escrow Account&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and other ca&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh inflows, the Company expects that MBIA Inc. will have sufficient cash to satisfy its debt service and general corporate needs. However, MBIA Inc. continues to have liquidity risk which could be triggered by deterioration in the performance of invested a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ssets, interruption of or reduction in dividends or tax payments received from operating subsidiaries, impaired access to the capital markets, as well as other factors which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are not &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anticipated at this time. Furthermore, failure by MBIA Inc. to settle liab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ilities that are also insured by MBIA Corp. could result in claims on MBIA Corp.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NatureOfOperations>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_226" unitRef="USD">3741000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_227" unitRef="USD">-262000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_228" unitRef="USD">151000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_229" unitRef="USD">778000000</us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_230" unitRef="USD">-49000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_231" unitRef="pure">-0.022</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_232" unitRef="USD">37000000</us-gaap:UnearnedPremiums>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_233" unitRef="USD">857000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_234" unitRef="USD">-8000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_235" unitRef="USD">27000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_236" unitRef="USD">201000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_237" unitRef="USD">-1605000000</us-gaap:NetIncomeLoss>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_238" unitRef="USD">-72000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_239" unitRef="USD">63000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_240" unitRef="USD">2289000000</us-gaap:DebtInstrumentCarryingAmount>
  <mbi:InsuranceInForceExpectedMaturityRangeYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_241">P40Y0M0D</mbi:InsuranceInForceExpectedMaturityRangeYears>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_242" unitRef="USD">14000000</us-gaap:UnearnedPremiums>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_243" unitRef="USD">117000000</invest:DerivativeNotionalAmount>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_244" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_245" unitRef="USD">16000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_246" unitRef="USD">589000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_247" unitRef="USD">19000000</us-gaap:Investments>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_248" unitRef="USD">846000000</invest:DerivativeNotionalAmount>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_249" unitRef="USD">3000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_250">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:141.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:141.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal income tax computed at the statutory rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Increase (reduction) in taxes resulting from:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax Reform/Change in Tax Rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(71.4)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mark-to-market on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(116.9)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nondeductible compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.4)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred inventory adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign Taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiary&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(33.0)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.3)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effective tax rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(142.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_251" unitRef="pure">0.0575</us-gaap:DebtWeightedAverageInterestRate>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_252" unitRef="USD">2000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_253" unitRef="USD">81000000</mbi:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_254" unitRef="USD">185000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_255" unitRef="USD">6000000</us-gaap:ReinsuranceRecoverables>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_256" unitRef="USD">328000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:DebtInstrumentUnamortizedDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_257" unitRef="USD">240000000</us-gaap:DebtInstrumentUnamortizedDiscount>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_258" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_259" unitRef="USD">3000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_260" unitRef="USD">2724000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_261" unitRef="USD">121000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_262" unitRef="USD">281000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_263" unitRef="USD">52000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_264" unitRef="USD">0</us-gaap:FairValueAdjustmentOfWarrants>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_265" unitRef="USD">192000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_266" unitRef="USD">31000000</us-gaap:OtherIncome>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_267" unitRef="USD">147000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="2" id="ID_268" unitRef="USDPerShare">-2.54</us-gaap:EarningsPerShareDiluted>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_269" unitRef="USD">175000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_270" unitRef="USD">10000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_271" unitRef="USD">546000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_272" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember" decimals="-6" id="ID_273" unitRef="USD">66000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_274" unitRef="USD">19000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="2" id="ID_275" unitRef="USDPerShare">-13.5</us-gaap:EarningsPerShareBasic>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" id="ID_276">P7Y1M6D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_277" unitRef="USD">6000000</mbi:FeesAndReimbursements>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_278" unitRef="USD">0</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_279" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_280" unitRef="USD">202000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_281" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_282" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_283" unitRef="USD">100000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_284" unitRef="USD">383000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_285" unitRef="USD">39000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_286" unitRef="USD">15568000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_287" unitRef="USD">25000000</us-gaap:InterestExpense>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_288" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_289" unitRef="USD">2858000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_290" unitRef="USD">8000000</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_291" unitRef="USD">284000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_292" unitRef="USD">173000000</mbi:InsuranceLossRecoverable>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_293" unitRef="USD">2000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_294" unitRef="USD">0</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_295" unitRef="USD">325000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_296" unitRef="USD">-2000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_297" unitRef="USD">1000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_298" unitRef="USD">4663000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_299" unitRef="USD">-282000000</us-gaap:OtherIncome>
  <us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_300">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amounts Reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;Details about AOCI Components&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Affected Line Item on the Consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Statements of Operations&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on AFS securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gain (loss) on sale of securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;     and foreign exchange &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Amortization on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment income &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total reclassifications for the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_301" unitRef="shares">43041651</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_302" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_303" unitRef="shares">800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_304" unitRef="shares">133001088</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_305" unitRef="USD">681000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <mbi:IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_306" unitRef="USD">6000000</mbi:IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_307" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_308" unitRef="USD">-130000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_309" unitRef="USD">0</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" id="ID_310">P7Y2M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_311" unitRef="USD">511000000</mbi:InsuranceLossRecoverable>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_312" unitRef="USD">71000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_313" unitRef="USD">318000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_314" unitRef="USD">168000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_315" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_316" unitRef="USD">6000000</us-gaap:OtherInvestments>
  <us-gaap:DescriptionOfNewAccountingPronouncementsNotYetAdopted contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_317">&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Accounting Developments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Revenue from Contracts with Customers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(Topic 606) (ASU 2014-09)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Deferral of the Effective Date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2014, the Financial Accounting Standards Board (&amp;#8220;FASB&amp;#8221;) issued ASU 2014-09, &amp;#8220;Revenue from Contracts with Customers (Topic 606).&amp;#8221; ASU 2014-09 amends the accounting guidance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 does not apply to financial guarantee insurance contracts within the scope o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f Topic 944, &amp;#8220;Financial Services &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8212; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-09 applies to certain fees and reimbursements, and is not expected to materially impact revenue recogni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of these fees and reimbursements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; In August of 2015, the FASB issued ASU 2015-14, &amp;#8220;Revenue f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rom Contracts with Customers (Topic 606)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212; Deferral of the Effective Date.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; ASU 2015-14 defers the effective date of ASU 2014-09 to interim and annual periods beginning January 1, 2018, and is applied on a retrospective or modified retrospective basis. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; adoption of ASU 2014-09 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In Janua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry of 2016, the FASB issued ASU 2016-01, &amp;#8220;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.&amp;#8221; ASU 2016-01 requires certain equity investments other than those accounted for under the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do not have readily determinable fair values a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities in combination with the entity&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; other deferred tax assets. ASU 2016-01 requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability that results from a change in the instrument-specific credit risk for financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for interim and annual periods beginning January 1, 2018, and is applied on a modified retrospecti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve basis. Early adoption is not permitted with the exception of early application of the guidance that requires separate presentation in other comprehensive income of the change in the instrument-specific credit risk for financial liabilities measured at f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;air value in accordance with the fair value option&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Based on the fair values as of December 31, 2017 of financial liabilities measured at fair value in accordance with the fair value option, the cumulative-effect adjustment, net of tax, related to the ins&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;trument-specific credit risk portion of such financial liabilities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was a loss of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;162&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which represents the amount that would have been reclassed from retained earnings to AOCI had the Company adopted ASU 2016-01 on December 31, 2017.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Based on fair values as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of equity investments, the cumulative-effect adjustment, net of tax, related to net unrealized gains of such investments was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, which represents the amount that would have been reclass&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed from AOCI to retained earnings had the Company adopted ASU 2016-01 on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had a full valuation allowance against its deferred tax asset. Refer to &amp;#8220;Note 11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;: Income Taxes&amp;#8221; for further information a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bout this valuation allowance on the Company&amp;#8217;s deferred tax asset. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company plans to adopt ASU 2016-01 in its entirety in the first quarter of 2018.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Leases (Topic 842) (ASU 2016-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2016, the FASB issued ASU 2016-02, &amp;#8220;Leases (Topic 842)&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that amends the accounting guidance for leasing transactions. ASU 2016-02 requires a lessee to classify lease contracts as finance or operating leases, and to recognize assets and liabilities for the rights and obligations created by leasing transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with lease terms more than twelve months. ASU 2016-02 substantially retains the criteria for classifying leasing transactions as finance or operating leases. For finance leases, a lessee recognizes a right-of-use asset and a lease liability initially meas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from the amortization of the right-of-use asset. For operating leases, a lessee recognizes a right-of-use asset and a lease liability initial&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ly measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU 2016-02 is effective for interim and annual periods beginning January 1, 2019 with early adoption permitted, and is applied on a modified ret&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rospective basis. The adoption of ASU 2016-02 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of 2016, the FASB issued ASU 2016-13, &amp;#8220;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.&amp;#8221; ASU 2016-13 requires financing receivables and other financial assets measured at amortized cost to be presente&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d at the net amount expected to be collected by recording an allowance for credit losses with changes in the allowance recorded as credit loss expense or reversal of credit loss expense based on management&amp;#8217;s current estimate of expected credit losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;each &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;period. ASU 2016-13 does not apply to credit losses on financial guarantee insurance contracts within the scope of Topic 944, &amp;#8220;Financial Services-Insurance.&amp;#8221; ASU 2016-13 also requires impairment relating to credit losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities to be presen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ted through an allowance for credit losses with changes in the allowance recorded in the period of the change as credit loss expense or reversal of credit loss expense. Any impairment amount not recorded through an allowance for credit losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecurities is recorded through other comprehensive income. ASU 2016-13 is effective for interim and annual periods beginning January 1, 2020 with early adoption permitted beginning January 1, 2019. ASU 2016-13 is applied on a modified retrospective basis ex&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cept that prospective application is applied to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities with other-than-temporary impairments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;OTTI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recognized before the date of adoption. The Company is evaluating the impact of adopting ASU 2016-13.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Income Statement &amp;#8211; Reporting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2018, the FASB issued ASU 2018-02, &amp;#8220;Income Statement &amp;#8211; Reporting Comprehensive Income (Topic 220): Reclassifi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cation of Certain Tax Effects from Accumulated Other Comprehensive Income.&amp;#8221; ASU 2018-02 permits, but does not require, the reclassification of the income tax effects of the Tax Cuts and Jobs Act (the &amp;#8220;Act&amp;#8221;) from accumulated other comprehensive income (&amp;#8220;AOC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&amp;#8221;) to retained earnings. The election to reclassify the income tax effects from the Act applies to all items within AOCI. ASU 2018-02 is effective for interim and annual periods beginning after December 15, 2018. Early adoption of ASU 2018-02 is permitted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is applied in the period of adoption or retroactively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Act is recognized. The Company is evaluating the impact of adopting ASU 2018-02.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DescriptionOfNewAccountingPronouncementsNotYetAdopted>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_318" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_319" unitRef="USD">44000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_320" unitRef="USD">31000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" id="ID_321">P4Y3M18D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_322" unitRef="USD">-4000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:InsuranceInForceTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_323">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 13: Insurance in Force&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, mortgage-backed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other non-municipal securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; including &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contracts. The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owing on, insured obligations. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the insured oblig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ation is represented by the insurance in force in the tables that follow.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The financial guarantees issued by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, insured ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ligations when due. The obligations are generally not subject to acceleration, except&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the event the Company has&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the right, at its discretion, to accelerate insured obligations upon default or otherwise.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;P&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ayments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; made by the issuer on the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collateral would typically become Nat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ional&amp;#8217;s or MBIA Corp.&amp;#8217;s upon the payment of a claim by either National or MBIA Corp.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance in force, which represents principal and interest or other amounts owing on insured obligations, had an expected maturity range of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;40&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years. The distribution of MBIA Corp.&amp;#8217;s and National&amp;#8217;s combined insurance in force by geographic location, excluding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guaranteed by MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on behalf of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;affiliated companies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Geographic Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;California&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Illinois&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New York&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Puerto Rico&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New Jersey&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Texas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Hawaii&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Virginia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Florida&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Oregon&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Subtotal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;127.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nationally Diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other states&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally Diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Country specific&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;235.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The insurance in force &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and insured gross par outstanding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by type of bond, excluding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guaranteed by MBIA Corp. on behalf &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;affiliated companies, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:235.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:109.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:109.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Bond type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount &lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance - United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation - &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;lease&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Higher education&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Health care&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Military housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investor-owned utilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;134.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;191.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;110.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance - &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;non-United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Sovereign-related and sub-sovereign&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;79.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;129.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (7)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;235.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.15pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;___________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes investor owned utilities, industrial development and pollution control revenue bonds.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Includes certain non-profit enterprises, stadium related financing and student loans.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Includes municipal owned entities backed by sponsoring local government and tax backed transactions.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; waterfalls, or interest and over-collateralization coverage tests.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:19.9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(7) - As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Included in the preceding tables, as of December 31, 2016, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were $18.6 billion of insurance in force and $12.0 billion of insured gross par outstanding related to MBIA UK, which was sold to Assured in January of 2017.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Refer to &amp;#8220;Note 1: Business Developments and Risks and Uncertainties&amp;#8221; for a discussion on the sale of MBIA UK. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Affiliated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Financial Obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Insured by MBIA Corp.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreement contracts and MTNs issued by the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Facility issued by the Company&amp;#8217;s international and structured finance insurance segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are insured by MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient assets to pay amounts due, MBIA Cor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p. would &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be obligated to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;make such payments under its insurance policies. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion. These guara&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntees, which have a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;maturity range of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years, were entered into on an arm&amp;#8217;s length basis. MBIA Corp. has both direct recourse provisions and subrogation rights in these transactions. If &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek reimbursement from such affiliate and to liquidate any collateral to recover amounts paid under the guarantee.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Reinsured Exposure&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Reinsurance enables the Company to cede exposure for purposes of syndicating risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company generally retains the right to reassume the business ceded to reinsurers under certain circumstances, including a reinsurer&amp;#8217;s rating downgrade below specified thresholds. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;At this time, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oes not &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;intend to utilize &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reinsurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to decrease the insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;exposure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in its portfolio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish trust accounts to cover liab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ilities ceded to such reinsurers under reinsurance contracts. The Company remains liable on a primary basis for all reinsured risk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA believes that its reinsurers remain capable of meeting their obligations, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;although, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;there can be no assurance of such i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n the future.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The aggregate amount of insurance in force ceded by MBIA to reinsurers was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7.6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Included in the reinsurance insurance in fo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rce as of December 31, 2016 was $267 million related to MBIA UK.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the aggregate amount of insured par outstanding ceded by MBIA to reinsurers under reinsurance agreements was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion compared with $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion of the ceded par outstanding was ceded from the Company&amp;#8217;s U.S. public finance insurance segment and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;593&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million was ceded from the Company&amp;#8217;s international and structured finance insurance segment. Under National&amp;#8217;s reinsurance agreement with MBIA Corp., if a reinsurer of MBIA Corp. is unable to pay claims ceded by MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. on U.S. public finance exposure, National will assume liability for such ceded claim payments. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following table presents information about the Company&amp;#8217;s reinsurance agreements as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for its U.S. public finance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Standard &amp;amp;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Letters of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Poor&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Moody&amp;#39;s Rating&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit/ Trust&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurance&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reinsurers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Status)&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Re Ltd.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;WR&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,321&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assured Guaranty Corp.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Overseas Private&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;AA+&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Aaa&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;281&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;   Investment Corporation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(Stable Outlook)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;A+ or above&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;WR&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,724&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' &gt;(2) - Represents a withdrawal of ratings.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Premium Summary&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The components of financial guarantee net premiums earned, including premiums assumed fro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m and ceded to other companies, are presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:144.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;305&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;207&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;307&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and 2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;payments received for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;claims &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial guarantee policies under reinsurance contracts totaled $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Ceding commissions from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reinsurance, before deferrals and net of returned ceding commissions, were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; each of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the years &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</mbi:InsuranceInForceTextBlock>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_324" unitRef="USD">0</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_325" unitRef="USD">21000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_326" unitRef="shares">283717973</us-gaap:CommonStockSharesIssued>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_327" unitRef="USD">61000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_328" unitRef="USD">69000000</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:NotesPayableFairValueDisclosure contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_329" unitRef="USD">115000000</us-gaap:NotesPayableFairValueDisclosure>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_330" unitRef="USD">51000000</us-gaap:UnearnedPremiums>
  <us-gaap:SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_331">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE IV&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. AND SUBSIDIARIES&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;REINSURANCE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31, 2017, 2016 and 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column B&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column C&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column D&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column E&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Column F&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;From&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;of Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Ceded to&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Others&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Companies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;to Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_332" unitRef="USD">2801000000</invest:DerivativeNotionalAmount>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_333" unitRef="USD">122000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_334" unitRef="USD">-67000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_335" unitRef="pure">-1.169</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_336" unitRef="USD">4000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_337" unitRef="USD">278000000</us-gaap:Revenues>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_338" unitRef="USD">94000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_339" unitRef="USD">237000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_340" unitRef="USD">3743000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_341" unitRef="USD">1143000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_342" unitRef="USD">3000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_343" unitRef="shares">163936318</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandNineteenMember" decimals="-6" id="ID_344" unitRef="USD">516000000</us-gaap:UnearnedPremiums>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_345" unitRef="USD">-1000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_346" unitRef="USD">-1605000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_347" unitRef="USD">-22000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_348" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_349" unitRef="USD">81000000</us-gaap:InterestExpense>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_350" unitRef="USD">5000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_MarchThirtyOneTwoThousandSeventeenMember" decimals="-6" id="ID_351" unitRef="USD">729000000</us-gaap:UnearnedPremiums>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_352" unitRef="USD">3000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_353" unitRef="USD">1000000</us-gaap:FeesAndCommissionsOther>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_354" unitRef="shares">237800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_355" unitRef="pure">0</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_356" unitRef="USD">-338000000</us-gaap:NetIncomeLoss>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_357" unitRef="USD">34000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_358" unitRef="USD">4655000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_359" unitRef="shares">192233526</us-gaap:TreasuryStockShares>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_360" unitRef="USD">105000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_361" unitRef="USD">-21000000</us-gaap:NetIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember" decimals="-6" id="ID_362" unitRef="USD">25000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_363" unitRef="USD">5000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_364" unitRef="USD">-603000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_365" unitRef="USD">36000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_366" unitRef="USD">2000000</us-gaap:AssumedPremiumsEarned>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_367" unitRef="USD">12000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_368">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 18: Common and Preferred Stock&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Common Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Share &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Repurchase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The Company believes that share repurchases &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;can be an appropriate deployment of capital in excess of amounts needed to support the Company&amp;#8217;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other business needs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In the fourth quarter of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s Board of Directors authorized the repurchase of common stock up to $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;200&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million under a new &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;share repurchase program. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On July 29, 2015, the Company&amp;#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tstanding shares under a new share repurchase program, which superseded and terminated the prior fourth quarter 2014 authorization. The prior authorization had approximately $61 million of unused capacity at the time it was terminated. On October 28, 2015,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company&amp;#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its outstanding common stock under a new share repurchase program, as the Company&amp;#8217;s July 29, 2015 authorization was fully exhausted. During 2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company exhausted any remaining capacity under the October 28, 2015 repurchase program.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On February 23, 2016, the Company&amp;#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its outstanding shares under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a new share repurchase authorization. On June 27, 2017, the Company&amp;#8217;s Board of Directors approved a new share repurchase authorization for the Company or National to repurchase up to $250 million of the Company&amp;#8217;s outstanding common shares. This new program&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; replaced approximately $13 million remaining under the Board&amp;#8217;s February 23, 2016 authorization. During 2017, the Company exhausted any remaining capacity under the June 27, 2017 authorization. On November 3, 2017, the Company&amp;#8217;s Board of Directors approved&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a new share repurchase authorization for the Company or National to repurchase up to $250 million of the Company&amp;#8217;s outstanding common shares. As of December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, $250 million remained available under the November 3, 2017 program.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able provides information about the Company&amp;#8217;s or National&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;share repurchases for the years ended December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions, except per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of shares repurchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Average price paid per share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining authorization as of December 31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;490,557&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;419,806&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares, respectively, were purchased by the Company for settling awards under the Company&amp;#8217;s long-term incentive plans.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Stock Warrants&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2013, MBIA Inc. issued Blue Ridge Investments LLC (&amp;#8220;Blue Ridge&amp;#8221;), an affiliate of Bank of America, a five-year warrant to purchase 9.94 million shares of MBIA Inc. common stock at an exercise price of $9.59 per share. In March of 2017, Blue Ridge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; transferred the warrant to Highbridge International LLC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;Highbridge&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In August of 2013, pursuant to the anti-dilution provisions of warrants issued by MBIA to Warburg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Pincus &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LLC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;Warburg&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in 2008&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA issued Warburg a five-year warrant to purchase 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.91 million shares of MBIA common stock at an exercise price of $9.59 per share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transferred to Highbridge &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in April of 2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Stock warrants are recorded as liabilities and reported within &amp;#8220;Other liabilities&amp;#8221; on the consolidated balance sheets d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue to terms and conditions in the agreements that could require net cash settlement. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair value of the warrants was $6 million and $33 million, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Preferred Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Insurance Corporation had 2,759 shares of preferred stock issued and outstanding with a carrying value of $28 million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#1F497D;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including 1,444 shares held by MBIA Inc. that were purchased at a weighted average price of $10,900 per share or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10.9&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of face val&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue and 1,315 shares held by unaffiliated investors. During 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Inc. did not repurchase any additional shares. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In accordance with MBIA&amp;#8217;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;L&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IBOR plus 200 basis points&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Each share of preferred stock has a par value of $1,000 with a liquidation preference of $100,000. The holders of the preferred stock are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not entitled to any voting rights. Subject to certain requirements, the preferre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d stock may be redeemed, in whole or in part, at the option of MBIA Corp. at any time or from time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for the then current dividend period and any previously accumulated dividends payable without interest on such unpaid dividends. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there were no &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dividends declared on the preferred stock. Payment of dividends on MBIA C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orp.&amp;#8217;s preferred stock is subject to the same restrictions that apply to dividends on common stock under NY&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
  <us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_369">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s insured portfolio management groups within its U.S. public finance insurance and international&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance businesses (collectively, &amp;#8220;IPM&amp;#8221;) monitor &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; outstanding insured obligations with the objective of minimizing losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic, regulatory or political environment, are at a heightened &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;risk of defaulting on debt service of obligations insured by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an attempt to alleviate or remedy the problem and avoid defaults on de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bt service payments. Once an obligation is insured, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related information, including audited financial statements, to IPM for review. IPM als&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o monitors publicly available information related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund balances, covenant or trigger violations and trustee or servicer problems, or other events &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that could have an adverse impact on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions. IPM also monitors and evaluates the impact on issuers of general economic conditions, current and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;proposed legislation and regulations,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; political developments,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as well as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sovereign, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;state and municipal finances and budget developments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The frequency and extent of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IPM&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; monitoring is based on the criteria and categories described below. Insured obligati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons that are judged to merit more frequent and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of adverse events related to the underlying credit of the issu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er are assigned to a surveillance category (&amp;#8220;Caution List&amp;#8212;Low,&amp;#8221; &amp;#8220;Caution List&amp;#8212;Medium,&amp;#8221; &amp;#8220;Caution List&amp;#8212;High&amp;#8221; or &amp;#8220;Classified List&amp;#8221;) depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors insured obligations assigned &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to a surveillance category more frequently and, if needed, develops a remediation plan to address any credit deterioration.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;go&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ena&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ele&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ban&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;kr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;up&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ei&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hip&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ila&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ks&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ela&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company does not establish any case basis reserves for insured obligations that are assigned to &amp;#8220;Caution List&amp;#8212;Low,&amp;#8221; &amp;#8220;Caution List&amp;#8212;Medium&amp;#8221; or &amp;#8220;Caution List&amp;#8212;High.&amp;#8221; In the event &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expects to pay a claim with respect to an insured transaction, it places the insured transaction on its &amp;#8220;Classified List&amp;#8221; and establishes a case basis reserve. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;When there are no remaining expected future claim payments, the insured transaction is removed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from the &amp;#8220;Classified List.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following provides a description of each surveillance category:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;Low&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances. However, debt service protection and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; other measures of credit support and stability may have declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this category generally require more frequent monitoring than transact&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ions that do not appear within a surveillance category. IPM subjects issuers in this category to heightened scrutiny.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;Medium&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances, although ad&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;verse trends have developed and are more pronounced than for &amp;#8220;Caution List &amp;#8211; Low.&amp;#8221; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally take remedial action on their own&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Caution List&amp;#8212;High&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes issuers where more proactive remedial action is needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insufficient collateral protection or inadequate liquidity, which could lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;adopts a remediation plan and takes more proactive remedial actions.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' &gt;&amp;#8220;Classified List&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;Includes all insured obligations where &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; has paid a claim or where a claim payment is expected. It also includes insured obligations where a significant LAE payment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has been made, or is expected to be made, to mitigate a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively remediating these credits where possible, including restructurings through le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gal proceedings, usually with the assistance of specialist counsel and advisors.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a disco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unt rate equal to the risk-free rate applicable to the currency and the weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss reserves denominated in U.S. dollars, which represent the majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; apply different discount rates, its case basis reserves may have been higher or lower than those established as of December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. For example, a higher discount rate applied to expected&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; future payments would have decreased the amount of a case basis reserve established by the Company and a lower rate would have increased the amount of a reserve established by the Company. Similarly, a higher discount rate applied to the potential future &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recoveries would have decreased the amount of a loss recoverable established by the Company and a lower rate would have increased the amount of a loss recoverable established by the Company.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;U.S. public finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; transactions consist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utilities, airports, health care institutions, higher educational &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. The Company estimates future losses by using probability-weighted cas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h flow scenarios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured transaction, which includes par outstanding and interest due, as well as recoveries for such payments, if any. Gross par outs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tanding for c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;apital appreciation bonds &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;represents the par amount &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at the time of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issuance of the insurance policy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain local governments remain under financial and budgetary stress and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a few &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;have filed for protection under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;title 11, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;United States Code&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &amp;#8220;Bankruptcy Code&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In the case of Puerto Rico, certain credits that the Company insures have filed petitions for&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; covered instrumentalities under Title III of the Puerto Rico Oversight, Management and Economic Stability Act (&amp;#8220;PROMESA&amp;#8221;), which incorporates by reference provisions from the Bankruptcy Code. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;This could lead to an increase in defaults by such entities on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the payment of their obligations and losses or impairments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n greater &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amounts&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured transactions.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The filing for protection under the Bankruptcy Code or entering state statutory proceedings does not necessarily result in a default or ind&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icate that an ultimate loss will occur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' &gt;On September 20, 2017, Hurricane Maria made landfall in Puerto Rico as a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Category 4 hurricane resulting in catastrophic damage to much of the island&amp;#8217;s basic infrastructure, including its electrical transmission an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September 21, 2017, the President of the United States approved a Major Disaster Declaration for Puerto Rico and the FEMA made federal disaster assistance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&amp;#8217;s impact on Puerto Rico will likely also impact its ability to both repay its legacy indebtedness and participate in ongoing debt restructuring negotiations. The physical damage &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private insurance, relief from FEMA and other federal agencies and programs. Economic activity in Puerto Rico may not return to pre-hurricane levels and Puerto Ric&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&amp;#8217;s recovery could be more shallow and protracted than that experienced by other similarly affected governments, given Puerto Rico&amp;#8217;s prior constrained liquidity and economic activity. While the federal government has made aid available to Puerto Rico, ther&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e can be no assurance that such aid will continue in the amounts necessary to offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal government, through its actions to deliver di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;saster relief and other support services, in addition to the evolving role of the Oversight Board and the role of Puerto Rico in its own recovery, heightens political risk in connection with the restructuring of legacy debt. This risk could lead the Oversi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ght Board, Puerto Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&amp;#8217;s long term recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;materially. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; monitor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and analyze&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; these situations closely&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;however&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the overall extent and duration of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;such&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; events &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; uncertain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;International and Structured Finance Insurance &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international and structured finance insurance segment&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; case basis reserves and insurance loss recoveries recorded in accordance with GAAP do not include estimates for policies insuring credit derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or on financial guarantee VIEs that are eliminated in consolidation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Policies insuring credit derivative c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ontracts are accounted for as derivatives and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carried at fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the Company&amp;#8217;s consolidated financial statements &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;under GAAP. The fair values of insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative contracts are influenced by a variety of market and transaction-specific fac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tors that may be unrelated to potential future claim payments under the Company&amp;#8217;s insurance policies. In the absence of credit impairments on insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative contracts or the early termination of such contracts at a loss, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the cumulative unrealize&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d losses recorded from these contracts should reverse before or at the maturity of the contracts. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company&amp;#8217;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mpany evaluates them for impairment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, under Statutory accounting,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the same way that it estimates loss and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for its financial guarantee policies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion of the Company&amp;#8217;s use of d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erivatives and their impact on the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;RMBS Case Basis Reserves (Financial Guarantees)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s RMBS reserves and recoveries relate to financial guarantee insurance policies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, excluding those on consolidated VI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s first-lien RMBS case basis reserves primarily relate to RMBS backed by alternative A-paper and subprime mortgage loans. The Company&amp;#8217;s second-lien RMBS case basis reserves relate to RMBS backed by home equity lines of credit and closed-end&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; second mortgages. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company calculated RMBS case basis reserves as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for both first&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;second-lien RMBS transactions using a process called the &amp;#8220;Roll Rate Methodology&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Roll Rate Methodology is a multi-step process using datab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of loan level information, proprietary internal cash flow model&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and commercially available model&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to estimate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;potential &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and recoveries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on insured bonds. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;Roll Rate&amp;#8221; is defined as the probability that current loans become delinquent and subseq&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uently default and loans in the delinquent pipeline are charged-off or liquidated. Generally, Roll Rates are calculated for the previous twelve months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f loan losses. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Additional data used for both second and first&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liens include historic averages of deal specific voluntary prepayment rates, forward projections of the London Interbank Offered Rate (&amp;#8220;LIBOR&amp;#8221;) interest rates, and historic averages of deal-spec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ific loss severities. In addition, for second-lien RMBS backed by home equity lines of credit, the Company assumes a constant basis spread between Prime and LIBOR interest rates.   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In calculating ultimate cumulative losses for RMBS, the Company estimates &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the amount of second-lien loans that are expected to be charged-off (deemed uncollectible by servicers of the transactions) or first-lien loans liquidated in the future.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For first-lien RMBS, the Company estimates the amount of loans that are expected to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be liquidated through foreclosure or short sale. The time to liquidation for a defaulted loan is specific to the loan&amp;#8217;s delinquency bucket.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For all transactions, cash flow models consider allocations and other structural aspects and claims against MBIA Cor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p.&amp;#8217;s insurance policy consistent with such policy&amp;#8217;s terms and conditions. The estimated net claims from the procedure above are then discounted using a risk-free rate to a net present value reflecting MBIA&amp;#8217;s general obligation to pay claims over time and n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ot on an accelerated basis.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company monitors portfolio performance on a monthly basis against projected performance, reviewing delinquencies, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oll &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ates, and prepayment rates (including voluntary and involuntary). However, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loan &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;performance remains d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ifficult to predict and losses may exceed expectations. In the event of a material deviation in actual performance from projected performance, the Company would increase or decrease the case basis reserves accordingly. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;RMBS Recoveries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company primaril&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y records two types of recoveries related to insured RMBS exposures:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;excess spread that is generated from the trust structures in the insured transactions; and second-lien &amp;#8220;put-back&amp;#8221; claims related to those mortgage loans whose inclusion in an insured secu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ritization failed to comply with representations and warranties (&amp;#8220;ineligible loans&amp;#8221;).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Excess Spread&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Excess spread within insured RMBS securitizations is the difference between interest inflows on mortgage loan collateral and interest outflows on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured RMBS notes. The aggregate amount of excess spread depends on the future loss trends, which include future delinquency trends, average time to charge-off/liquidate delinquent loans, the future spread between Prime and the LIBOR&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; interest rates, and borrower refinancing behavior (which may be affected by changes in the interest rate environment) that results in voluntary prepayments. Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ollected from excess spread. Excess spread also includes subsequent recoveries on previously charged-off loans associated with the insured second-lien RMBS securitizations.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Second-lien &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' &gt;Put-Back Claims Related to Ineligible Loans&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;settled the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; majority of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back claims&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Only its claims against Credit Suisse remain outstanding. The Company&amp;#8217;s settlement amounts have been &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consistent with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back recoveries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that had been&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; included in the Company&amp;#8217;s financial statements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; at the times preceding the settlements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The put-back contract claim remaining with Credit Suisse is related to the inclusion of ineligible loans in the 2007-2 Home Equity Mortgage Trust securitization. Credit Suisse has challenged the Company&amp;#8217;s assessment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which there is no assurance that the Company will prevail. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Based on the Company&amp;#8217;s assessment of the strength of its contractual put-back rights &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;against &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dit Suisse, as well as on its prior settlements with other sellers/servicers and success of other monolines&amp;#8217; put-back settlements, the Company believes it will prevail in enforcing its contractual rights and that it is entitled to collect the full amount o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f its incurred losses, which totaled $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;436&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The Company is also entitled to collect interest on amounts paid; it believes that in the context of its put-back litigation, the appropriate interest rate should be the New Yo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rk State statutory rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;However, the Company currently calculates its put-back recoveries using the contractual interest rate, which is lower than the New York State statutory rate.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Notwithstanding the foregoing, u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ncertainty &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;remains &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with respect to the ul&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;timate outcome&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the litigation with Credit Suisse, which is contemplated in the probability-weighted cash flow scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are based on the amount of incurred losses measured against cert&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ain probabilities of ultimate resolution of the dispute with Credit Suisse. Most of the probability weight is assigned to partial recovery scenarios and a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re discounted using the current risk-free discount rates associated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;against&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the underlying transaction&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s cash flows&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company continues to consider relevant facts and circumstances&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in developing its assumptions on expected cash inflows, probability of potential recoveries (including the outcome of litigation) and recovery period. The estimated amount a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the financial condition of Credit Suisse. While the Company believes it will be successful in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; realizing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recoveries from&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;put-back &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contract claims&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; against Credit Suisse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the ultimate amount recovered may be materially different from th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; recorded by the Company given the inherent uncertainty of the manner of resolving the claims (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e., litig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and/or negotiated out-of-court settlement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information that are not easily corroborated by historical data or other r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;elevant benchmarks.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 20: Commitments and Contingencies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for further information about the Company&amp;#8217;s litigation with Credit Suisse.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;CDO Reserves&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company also has loss and LAE reserves on certain transactions within its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDO&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; por&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tfolio,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including its multi-sector CDO asset class&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the form of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial guarantee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&amp;#8217;s insured multi-sector CDOs are transactions that include a variety of collateral ranging from corporate bonds to structured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;finance assets (which includes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; but are not limited to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; RMBS-related collateral, multi-sector and corporate CDOs). &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following discussion provides information about the Company&amp;#8217;s process for estimating reserves and credit impairments on these policies, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;determined as the present value of the probability-weighted potential future losses, net of estimated recoveries, across multiple scenarios.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; following approaches require substantial judgments about the future performance of each transaction: &lt;/font&gt;&lt;/p&gt;&lt;ul style='margin-top:0pt;' &gt;&lt;li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Each transaction is evaluated for its commutation potential, which is customized by counterparty and considers historical commutation prices, the level o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f dialogue with the counterparty and the credit quality and payment profile of the underlying exposure.&lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A range of loss scenarios is considered under different default and severity rates for each transaction&amp;#8217;s collateral.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Zohar Recoveries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp. will &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;seek to recover the payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; it made (plus interest and expenses) with respect to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar I and the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar II Claim&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. MBIA Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anticipates that the primary source of the recovery&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the Zohar II Claim &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ill come from the monetization of the assets of Zohar II&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which include, among other things, loans made to, and equity interests in, companies purportedly controlled by the sponsor and former collateral manager of Zohar I and Zohar II (the &amp;#8220;Zohar Sponsor&amp;#8221;) (all the assets of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar II, the &amp;#8220;Zohar II Assets&amp;#8221;). &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n connection with the exercise of its rights and remedies, MBIA Corp. acquired the beneficial ownership of the Zohar I assets, which include loans made to, and equity interests in, companies purportedly controlled by the Zohar Sponsor (all the assets of Zo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;har I, the &amp;#8220;Zohar I Assets&amp;#8221;). Over time, MBIA Corp. expects to acquire the legal ownership of the Zohar I Assets and recover all or substantially all of the payment it made (plus interest and expenses) with&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; regards to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Zohar I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; claim&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the recoveries of Zohar I and Zohar II are included in &amp;#8220;Loans receivable at fair value&amp;#8221; which are presented in &amp;#8220;Assets of consolidated variable interest entities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There can be no assurance, however, th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at the value of the Zohar II Assets and the Zohar I Assets will be sufficient to permit MBIA Corp. to recover all or substantially all of the payments it made on the Zohar I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and the Z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ohar &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I Claim&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Failure to recover a substantial amount of such payments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;could impede its ability to make payments when due on other policies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. believes that if the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYSDFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;concludes at any time that MBIA Insurance Corporation will not be able to pay its policyholder &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Article 74 of the New York Insurance Law and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsurance Corporation&amp;#8217;s policyholders. The determination to commence such a proceeding or take other such actions is within the exclusive control of the NYSDFS. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Summary of Loss and LAE Reserves and Recoveries  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s loss and LAE reserves and recov&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eries &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;before consolidated VIE eliminations, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;along with amounts that were eliminated as a result of consolidat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; VIEs, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;which are included in the Company&amp;#8217;s consolidated balance sheets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are presented in the following tabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:10.9pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.15pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:192pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Line Item&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:151.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Line Item&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.9pt;' &gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:31.15pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance loss recoverable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loan repurchase commitments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance loss recoverable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loan repurchase commitments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:192pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;512&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:240.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:240.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;International and Structured Finance Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Before VIE eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;1,478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;710&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;551&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;VIE eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(1,300)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(243)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(221)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(206)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Total international and structured finance insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;178&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;467&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;330&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;444&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.15pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;511&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;979&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Changes in Loss and LAE Reserves&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; changes in the Company&amp;#8217;s loss and LAE reserves for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Changes in loss reserves attributable to the accreti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on of the claim liability discount, changes in discount rates, changes in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amount and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;timing&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of estimated&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; claim&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; payments and recoveries, changes in assumptions and changes in LAE reserves are recorded in &amp;#8220;Losses and loss adjustment&amp;#8221; expenses in the Company&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s consolidated statements of operations. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the weighted average risk-free rate used to discount the Company&amp;#8217;s loss reserves (claim liability) was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.31&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.07&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. LAE reserves are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; generally&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expecte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d to be settled within a one-year period and are not discounted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s gross loss and LAE reserves included $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, related to LAE.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:354pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1,069)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:middle;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;979&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes payments made to satisfy the Zohar II Claim. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily changes in the amount to satisfy the Zohar II Claim. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;516&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.1pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:486.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The increase in the Company&amp;#8217;s gross loss and LAE reserves during 2017 w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily related to increases due to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;changes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in assumptions on certain Puerto Rico exposures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; increase &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the Company&amp;#8217;s gross loss and LAE reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;during 2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; related to increases due to changes in assumptions on insured first and second-lien RMBS transactions and U.S. public finance transactions. These were partially offset by decreases in changes in assumptions on CDOs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tent&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ove&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;et&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;os&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;L&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following table present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; changes in the Company&amp;#8217;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&amp;#8217;s claim liability for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Changes in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in amount and timing of estimated collections, changes in assumptions and changes in LAE recoveries are recorded in &amp;#8220;Losses and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss adjustment&amp;#8221; expenses in the Company&amp;#8217;s consolidated statements of operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:295.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:295.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;511&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;583&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;546&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes amounts which have been paid and are expected to be recovered in the future. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - As of December 31, 2017 and 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.45pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Collections&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserve&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Recoveries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;recoverable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;577&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recoveries on unpaid &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;losses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;677&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;583&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:433.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of collections.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Excludes Puerto Rico and Zohar II recoveries, which have been netted against reserves.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;crease in the Company&amp;#8217;s insurance loss recoverable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was primarily due to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;paid losses on certain Puerto Rico &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credits offset by a decrease in insured RMBS transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;crease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;RMBS insurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss reco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;verable was primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the collection of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ortgage insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from the settlement of litigation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;involving Old Republic Insurance Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and a decrease in expected recoveries from first-lien RMBS transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The decrease in the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s recoveries on unpaid losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is primarily related &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to insured R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS transactions. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The decrease in t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uran&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;overabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and recoveries on unpaid losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;durin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ily&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; du&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a decrease in expected &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;future recoveries on CDOs as the result of the consolidation of a VIE and related elimination of a VIE and a decrease in changes in the amount of expected &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;collections &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;first and second-lien RMBS issues&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, partially offset &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by an increase related to changes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in assumptions on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain Puerto Rico credits. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and LAE Activity &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s financial guarantee insurance losses and LAE (excluding insured credit derivative and consolidated VIEs), net of reinsurance for the years ended December 31, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are presented in the following tabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:217.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Public Finance Insurance Segment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International and Structured Finance Insurance Segment:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Second-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;First-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;CDOs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Losses and LAE &lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;683&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes non-U.S. public finance and other issues.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, losses and LAE primarily related to increases in actual and expected payments on certain Puerto Rico exposures, insured first-lien RMBS transactions and a decrease in actual and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;projected collections from mortgage insurance included in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s excess spread within its second-lien RMBS transactions from the settlement of litigation regarding insurance coverage involving Old Republic Insurance Corporation, Bank of America, N.A. and The Bank of New York Mellon.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, losses and LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primarily related to increases in actual and expected payments on certain Puerto Rico exposures and insured first and second-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS transactions. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se were partially offset by increases in recoveries of actual and expected payments on certain Puerto Rico exposures and decreases in actual and expected payments on CDOs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, losses and LAE primarily related to increases in expected payments on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDOs and insured first-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS securitizations. These were partially offset by increases in recoveries of expected payments related to CDOs and increas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es in projected collections from excess spread within insured second-lien RMBS securitizations due to an anticipated sale of loans within certain securitizations that had been previously charged off by the servicer.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Costs associated with remediating insure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d obligations assigned to the Company&amp;#8217;s surveillance categories are recorded as LAE and included in &amp;#8220;Losses and loss adjustment&amp;#8221; expenses on the Company&amp;#8217;s consolidated statements of operations. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, gross LAE related to reme&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ating insured obligations were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;42&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;48&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;26&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Surveillance Categories&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ego&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;375&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,764&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;104&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,083&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,964&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,756&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,481&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,839&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,082&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,082&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;782&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(178)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(178)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries for policies in a net payable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;la&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ego&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;331&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;430&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,917&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;320&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,285&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,795&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,777&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,683&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,712&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;427&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,808&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,968&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;718&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;718&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the gross claim liability primarily related to insured first-lien RMBS transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as well as certain Puerto Rico exposures&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the gross claim liability primarily related to insured first-lien RMBS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the gross potential recoveries principally related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain Puerto Rico exposures&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and insured second-lien RMBS transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, these potential recoveries exclude &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the recoveri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es of Zohar I and Zohar II that are included in &amp;#8220;Loans receivable at fair value&amp;#8221; which are presented in &amp;#8220;Assets of consolidated variable interest entities&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s recoveries have been, and remain based &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or subrogation rights embedded within financial guarantee insurance policies. Expected salvage and subrogation recoveries, as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; well as recoveries from other remediation efforts, reduce the Company&amp;#8217;s claim liability. Once a claim payment has been made, the claim liability has been satisfied and MBIA&amp;#8217;s right to recovery is no longer considered an offset to future expected claim pay&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus the present value of projected estimated future claim payments. As claim payments are made, the recorded amount of potential recoverie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s may exceed the remaining amount of the claim liability for a given policy. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The gross claim liability and gross potential recoveries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reflect the elimination of claim liabilities and potential recoveries related to VIEs consolidated by the Company.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, reinsurance recoverable on paid and unpaid losses was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;17&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; included in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Other assets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock>
  <us-gaap:FinancialGuaranteeInsuranceContractsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_370">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premiums related to financial guarantee (non-derivative) insurance and reinsurance contracts in accordance with the accounting principles for financial guarantee insurance contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, premiums receivable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;369&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;409&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion, respectively, primarily related to installment policies for which premiums will be collected over the e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stimated term of the contracts. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Premiums re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ceivable for an installment policy is initially measured at the present value of premiums expected to be collected over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cted period of risk due to expected prepayments are adjusted in subsequent measurement periods when prepayment assumptions change using the risk-free discount rate as of the remeasurement date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Premiums receivable also includes the current amount of premiu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ms due from installment policies insuring consolidated VIEs when the premiums are payable by third-parties on behalf of the consolidated VIEs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company evaluates whether any premiums receivable are uncollectible at each balance sheet date. If the Compan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y determines that premiums are uncollectible, it records a write-off of such amounts in current earnings. The majority of the Company&amp;#8217;s premiums receivable consist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the present values of future installment premiums that are not yet billed or due&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; primar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ily from structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Given that premiums due to MBIA typically have priority over most other payment obligations of structured finance transactions, the Company determined that the amount of uncollectible premiums as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was insignificant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the risk-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;free rate used to discount future installment premiums was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and the weighted average expected collec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion term of the premiums receivable was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;9.45&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10.07&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, reinsurance premiums payable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;26&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is included in &amp;#8220;Other liabilities&amp;#8221; in the Company&amp;#8217;s consolidated balance sheets. In addition, as of December 31, 2016, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s included in &amp;#8220;Liabilities held for sale&amp;#8221; in the Company&amp;#8217;s consolidated balance sheet. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The reinsurance premiums payable is accreted and paid to reinsurers as premiums due to MBIA are accreted and collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present a roll forward of th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e Company&amp;#8217;s premiums receivable for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;369&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Recorded within premiums earned on MBIA&amp;#39;s consolidated statement of operations. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily consists of realized gains due to changes in foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;792&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(115)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(292)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Recorded within premiums earned on MBIA&amp;#39;s consolidated statement of operations.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily consists of premiums receivable of $267 million reported within &amp;quot;Assets held for sale&amp;quot; on MBIA&amp;#39;s consolidated balance sheet. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the undiscounted future amount of premiums expected to be collected and the period in which those collections are expected to occur:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collection of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2032&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2037 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;446&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods presented&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Upfront&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Installments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;752&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;707&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;686&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;665&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;587&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;516&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;395&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;195&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;95&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;225&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2032&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2037 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;386&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;366&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FinancialGuaranteeInsuranceContractsTextBlock>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_371" unitRef="USD">77000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_372" unitRef="USD">159000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_373" unitRef="myYears">1.5</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_374" unitRef="USD">49000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:DebtPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_375">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Long-term debt is carried at the principal amount outstanding plus accrued interest and net of unamortized debt issuance costs and discounts. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Interest expense is accrued at the contrac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tual interest rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Debt issuance costs and d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iscounts are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Medium-Term Notes and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MTNs and i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nvestment agreements are carried at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the principal amount outstanding plus accrued interest and net o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f unamortized discounts or at fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for certain MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest expense is accrued at the contractual interest rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iscounts are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DebtPolicyTextBlock>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" id="ID_376">P9Y8M12D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_377" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_378" unitRef="USD">0</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_379" unitRef="USD">-1000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_380" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_381" unitRef="USD">100000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_382" unitRef="USD">-2000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandEighteenMember" decimals="-6" id="ID_383" unitRef="USD">587000000</us-gaap:UnearnedPremiums>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_384" unitRef="USD">0</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_385" unitRef="USD">-15000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_386" unitRef="USD">200000000</us-gaap:TradingSecurities>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_387" unitRef="USD">400000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_388" unitRef="USD">129000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_389" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_390" unitRef="USD">15000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_391" unitRef="USD">37000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_392" unitRef="USD">230000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_393" unitRef="pure">0.014</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_394" unitRef="USD">433000000</us-gaap:Revenues>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_395" unitRef="USD">1014000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_396" unitRef="USD">-34000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_397" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_398" unitRef="USD">-127000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_SeptemberThirtyTwoThousandSeventeenMember" decimals="-6" id="ID_399" unitRef="USD">686000000</us-gaap:UnearnedPremiums>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_400" unitRef="USD">-17000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_401" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_402" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_403" unitRef="USD">847000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_404" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_405" unitRef="USD">128000000</us-gaap:OtherAssets>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_406" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_407" unitRef="USD">7000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_408" unitRef="USD">7000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_409" unitRef="USD">843000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_410" unitRef="USD">23000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_411" unitRef="USD">2418000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_412" unitRef="USD">4000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_413" unitRef="shares">708529</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_414" unitRef="USD">127000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_415" unitRef="USD">9000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_416" unitRef="USD">34000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_417" unitRef="USD">-4000000</us-gaap:OtherIncome>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_418" unitRef="USD">-67000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_419" unitRef="USD">-255000000</us-gaap:NetIncomeLoss>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_420" unitRef="USD">175000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_421" unitRef="USD">5404000000</us-gaap:Assets>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_422" unitRef="USD">2000000</invest:DerivativeNotionalAmount>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_423" unitRef="USD">174000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_424" unitRef="USD">39000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_425" unitRef="USD">393000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_426" unitRef="USD">74000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_427" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_428" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_429" unitRef="USD">32000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_430" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_431" unitRef="USD">11000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_432" unitRef="USD">-28000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_433" unitRef="USD">150000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_434" unitRef="USD">14000000</us-gaap:UnearnedPremiums>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_435" unitRef="USD">128000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_436" unitRef="USD">157000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_437" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_438" unitRef="USD">80000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_439" unitRef="USD">353000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_440" unitRef="USD">2132000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_441" unitRef="USD">85000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_442" unitRef="USD">7000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_443" unitRef="USD">-8000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <mbi:InsuranceInForceExpectedMaturityRangeYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_444">P1Y0M0D</mbi:InsuranceInForceExpectedMaturityRangeYears>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_445" unitRef="USD">0</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_446" unitRef="USD">-630000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_447" unitRef="USD">6000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_448">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 2: Significant Accounting Policies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Basis of Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements have been prepared &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The preparation of financial statements in conformity with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;enses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain amounts h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ave been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. This includes a change in the presentation of cash paid when withholding shares for tax-withholding purposes in &amp;#8220;Purchases of treasury stock&amp;#8221; on the Company&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s consolidated statement of cash flows as required under Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2016-09, &amp;#8220;Compensation-Stock Compensation (Topic 718)&amp;#8221;. The change in presentation effected &amp;#8220;Operating and employee related expenses paid&amp;#8221;, in operating cash flows&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &amp;#8220;Purchases of treasury stock&amp;#8221;, in financing cash flows, on the Company&amp;#8217;s consolidated statement of cash flows in prior periods. Such reclassifications did not materially impact on total revenues, expenses, assets, liabilities, shareholders&amp;#8217; equity, op&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erating cash flows, investing cash flows, or financing cash flows for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Consolidation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s a controlling financial interest. All intercompany balances and transactions have been eliminated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;variable interest entity (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Voting interest entities are entities in which (i)&amp;#160;the total equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&amp;#160;the equity holders have the obligation to absorb los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ses, the right to receive residual returns and the right to make decisions about the entity&amp;#8217;s activities. Voting interest entities are consolidated when the Company has a majority voting interest.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs are entities that lack one or more of the characterist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ics of a voting interest entity. The consolidation of a VIE is required if an entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or interests give it a controlling financial interest in the VIE. A controlling financial interest is present when an enterprise has both (a)&amp;#160;the power to direct the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(b)&amp;#160;the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company consolidates all VIEs in which it is the primary beneficiary. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to apply the fair value option to all financial assets and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities of certain consolidated VIEs on a VIE-by-VIE basis.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for addit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ional information.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company classifies its investments as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available-for-sale (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, held-to-maturity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;HTM&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or trading. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;FS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;AOCI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in shareholders&amp;#8217; equity. Investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carried at fair value are reported in the consolidated balance sheets &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in fair value and r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ealized gains and losses from the sale of these securities are reflected in earnings as part of &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; Investments carried at fair value consist of certain investments elected under&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the fair value option&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Short-term investments held as AFS include all fixed-maturity securities with a remaining maturity of less than one year at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;date of purchase, commercial paper and money market securities. HT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M investments are reported in the consolidated balance sheets at amortized cost.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ebt securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are classified as HTM investments when &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company has the ability and intent to hold such investments to maturity.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Investment income is recorded as earned.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd discounts and premiums are amortized using the effective yield method over the remaining term of the securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and reported in &amp;#8220;Net investment income.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mortgage-backed securities (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset-backed securities (&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;BS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;),&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; discounts and premiums are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amortized using the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;retrospective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments on Investment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s consolidated sta&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tements of operations reflect the full impairment (the difference between a security&amp;#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f the amortized cost basis. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss component of the impairme&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt is recognized in earnings. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, the remaining fair value loss is recognized in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of applicable deferred income taxes.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities for which the fair value is less than amortized cost are reviewed no less t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;han quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, includi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng but not limited to (a)&amp;#160;the magnitude and duration of the decline, (b)&amp;#160;credit indicators and&amp;#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in credit spreads, and t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he financial condition of the issuer, and (c)&amp;#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;collateralized debt obligations (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDOs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are assessed using disc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ounted cash flow modeling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Cash&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Cash Equivalents &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Cash and cash equivalents include cash on hand&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;demand deposits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and depos&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with banks with original maturities of less than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three months&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Acquisition Costs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company capitalizes and defers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acquisition costs &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that are directly related to the successful acquisition of new or renewal insurance business. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs are costs t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o acquire an insurance contract which result directly from and are essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs include compensation of employe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs also include ceding commissions paid by the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in connection with assuming business from other financial guarantors. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; premiums are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Derivatives&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erivative instruments are reported at fair value on the consolidated balance sheets as either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statements of operations as &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; or &amp;#8220;Unrealized gains (losses) on insured derivatives&amp;#8221; depending on the nature of the derivative.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The net change in the fair value of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured derivatives has two primary components: (i) realized gains (losses) and other settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &amp;#8220;Realized gains (losses) and other settlements on insured derivatives&amp;#8221; inclu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de (i) premiums received and receivable on sold CDS contracts, (ii) premiums paid and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterpar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ties due to the occurrence of a credit event or settlement agreement, (v) losses recovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. &amp;#8220;Unrealized gains&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (losses) on insured derivatives&amp;#8221; includes all other changes in fair value of the insured derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host contract an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d accounted for as derivative instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. In addition, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to record at fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; derivative instrument. These hybrid financial instruments included certain medium-term notes (&amp;#8220;MTNs&amp;#8221;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bifurcating the embedded derivat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion of the Company&amp;#8217;s use of derivatives and their impact on the Company&amp;#8217;s consolidated financial statements and &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for derivative valuation techniques and fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; Measurements&amp;#8212;Definition and Hierarchy&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company carries certain financial instruments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market part&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icipants at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data is obtained from a variety of third-party sources, incl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uding dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for similar instruments or pricing models that use market data inputs. The u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially different fair values. The Company considers its own nonperforma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce risk and the nonperformance risk of its counterparties when measuring fair value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The accounting guidance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;establishes a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hierarchy that categorizes into three levels, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inputs used &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;measur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value that maximizes the use of observable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing the asset or liability base&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market data. Unobservable inputs are those that reflect the Company&amp;#8217;s beliefs about the assumptions market participants would use in pricing the asset or liability based on the best information available. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three levels of the fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ierarchy &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are defined as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;follows:&lt;/font&gt;&lt;/p&gt;&lt;ul style='margin-top:0pt;' &gt;&lt;li style='list-style:disc;text-align:left;margin-top:9pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 1&amp;#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, with significant trading volumes. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2&amp;#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived prin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cipally from or corroborated by observable market data. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 3&amp;#8212;Valuations based on inputs that are unobservable or supported by little or no market activity, and that are significant to the overall fair value measurement. Level 3 assets and liabilities i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nclude financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires sign&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ificant management judgment or estimation. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The availability of observable inputs can vary from financial instrument to financial instrument and period to period depending on the type of instrument, market activity, the approach used to measure fair value,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and other factors. The Company categorizes a financial instrument within the fair value hierarchy based on the least observable input that is significant to the fair value measurement. When the inputs used to measure fair value of an asset or a liability &lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt;are categorized within &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;different levels based on the definition of the fair value hierarchy,&lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt; the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire&lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt; measurement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and Loss Adjustment Expenses&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company recognizes loss reserves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;serve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is subsequently remeasured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are recognized as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense in th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e period of change. Measurement and recognition of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on informat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion available as of the measurement date, including market information. Accretion of the discount on a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows prese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &amp;#8220;Insurance loss recoverable&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previous to a claim payment, such recoveries are reclassified to &amp;#8220;Insurance loss recoverable&amp;#8221; upon payment of the related claim and remeasured each reporting period.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance loss recoverable, and accruals for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss adjustment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expense (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; incurred are disclosed in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Long-term debt is carried at the principal amount outstanding plus accrued interest and net of unamortized debt issuance costs and discounts. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Interest expense is accrued at the contrac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tual interest rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Debt issuance costs and d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iscounts are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Medium-Term Notes and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MTNs and i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nvestment agreements are carried at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the principal amount outstanding plus accrued interest and net o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f unamortized discounts or at fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for certain MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Interest expense is accrued at the contractual interest rate. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iscounts are amortized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and reported as interest expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Guarantee Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Unearned Premium Revenue and Receivabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e for Future Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contrac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t is measured at the present value of the premium due. For most financial guarantee insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in other financial guarantee contracts, the Company receives premiums in installments over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he present value of premiums expected to be collected over the contract period or expected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for contracts where (a)&amp;#160;the insured obligation is contractually prepayable, (b)&amp;#160;prepayments are probable, (c)&amp;#160;the amount and timing of prepayments are reasonably estimable, and (d)&amp;#160;a homogenous pool of assets is the underlying collateral for the insured o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bligation. The Company has determined that substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Comp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any reports the accretion of the discount on installment premiums receivable as premium revenue and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adj&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;usts the receivable for uncollectible amounts and recognizes any write-off as operating expense, and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Premium Revenue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstandi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng in a given period to recognize a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (a)&amp;#160;the present value of premium received or expected to be received over the period of the contract to (b)&amp;#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;An issuer of an insured financial obligation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may retire the obligation prior to its scheduled maturity through refinancing or legal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&amp;#8217;s obligation being extinguished under the financial guarantee cont&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ract. The Company recognizes any remaining unearned premium revenue on the insured obligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Non-refundable commitment f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ees are considered insurance premiums and are initially recorded under unearned premium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; written and earned using the constant rate method. If the commitment agreement expires before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fee and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Reimbursement Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company collects insurance related fees for services performed in connection with certain transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Depending upon the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and conse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;termination fees are earned when the related services are completed and the fee is received. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock-Based Compensation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion regarding the methodology utilized in recognizing employee stock compensation expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Foreign Currency Translation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial statement assets and liabilities denominated in foreign currencies are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in U.S. dollars generally using rates of exchange prevailing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the balance sheet date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and any related translation adjustments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;resulting from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;translation of the financial statements of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; non-U.S. operation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from its functional currency i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nto U.S. dollars &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in shareholders&amp;#8217; equity. Operating results &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the Company&amp;#8217;s non-U.S. operations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are translated at average rates of exchange prevailing during the year. Foreign currency remeas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urement gains and losses resulting from transactions in non-functional currencies are recorded in earnings.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company derecognizes the cumulative translation adjustment reported in &amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; and includes the amount a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s part of the gain or loss on the sale or liquidation of its investment in a foreign entity in the period in which the sale or liquidation occurs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Deferred income taxes are recorded with respect to loss carryforwards and temporary differences &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;between the tax bases of assets and liabilities and the reported amounts in the Company&amp;#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uch temporary differences relate principally to net operating losses, accrued surplus note interest, loss reserve deductions, premium revenue recognition, deferred acquisition costs, asset impairments net foreign tax credits. Valuation allowances are estab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lished to reduce deferred tax assets to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant auth&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ority.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118 (&amp;#8220;SAB 118&amp;#8221;) to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available in reas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onable detail to complete the accounting for certain income tax effects of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Tax Cuts and Jobs Act (the &amp;#8220;Act&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#160;Pursuant to the guidance within SAB 118, the Company&amp;#8217;s remeasurement of its deferred taxes included certain provisional effects associated wit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h enactment of the Act for which measurement could be reasonably estimated. SAB 118&amp;#160;provides a measurement period that should not extend beyond one year from the Act enactment date for&amp;#160;companies to complete the accounting under Accounting Standards Codific&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ation (&amp;#8220;ASC&amp;#8221;) 740.&amp;#160;If a company cannot determine&amp;#160;a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of&amp;#160;the provisions of the tax laws that were in effect immediately before the enactment of t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Act.&amp;#160;Additional information that may affect the provisional amounts would include completion of the Company&amp;#8217;s 2017 tax return filing, and potential future guidance from the Internal Revenue Service.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Inc. and its eligible U.S. subsidiaries file a co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsolidated federal income tax return. The U.S. income taxes are allocated based on the provisions of the&amp;#160;Company&amp;#8217;s tax sharing agreement which governs the intercompany settlement of tax obligations and benefits. The method of allocation between the members&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is generally based upon calculations as if each member filed a separate tax return on its own.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Under the Company&amp;#8217;s tax sharing agreement, each member with a net operating loss (&amp;#8220;NOL&amp;#8221;) will receive the benefits of its tax losses and credits as it is able t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o earn them out in the future. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;G&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iven &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;present facts and circumstances&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company no longer anticipates providing compensation to any member for expiring NOLs, capital losses or tax credit carryforwards.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In establishing a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; liability for an unrecognized tax benefit (&amp;#8220;UTB&amp;#8221;), assumptions may be made in determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; be realized. A tax position is recognized only when, based on management&amp;#8217;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;based on the Company&amp;#8217;s assessment of the largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled throu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh negotiation with the taxing authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; amount previously recognized&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company recognizes an adjustment of the UTB.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional information about the Company&amp;#8217;s income taxes.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_449" unitRef="USD">0</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_450" unitRef="USD">7000000</us-gaap:CededPremiumsEarned>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_451" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_452" unitRef="USD">-1000000</us-gaap:NetIncomeLoss>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_453" unitRef="USD">87000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_454" unitRef="USD">-19000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:EarningsPerShareDiluted contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="2" id="ID_455" unitRef="USDPerShare">-13.5</us-gaap:EarningsPerShareDiluted>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_456" unitRef="USD">28000000</us-gaap:OtherIncome>
  <mbi:DebtInstrumentFairValueAdjustment contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_457" unitRef="USD">65000000</mbi:DebtInstrumentFairValueAdjustment>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="2" id="ID_458" unitRef="pure">0.25</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_459" unitRef="USD">52000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_460" unitRef="USD">916000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_461" unitRef="USD">140000000</us-gaap:OperatingExpenses>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_462" unitRef="USD">617000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_463" unitRef="USD">65000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_464" unitRef="USD">-6000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_465" unitRef="USD">29000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_466" unitRef="USD">1065000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_467" unitRef="USD">817000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_468" unitRef="USD">84000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_469" unitRef="USD">2000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_470" unitRef="USD">12000000</us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve>
  <us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_471">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock-Based Compensation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed. Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion regarding the methodology utilized in recognizing employee stock compensation expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_472" unitRef="USD">173000000</mbi:InsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_473" unitRef="USD">4000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_474" unitRef="USD">8985000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_475">P9Y5M12D</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_476" unitRef="shares">0</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_477" unitRef="USDPerShare">9.9732</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" decimals="-6" id="ID_478" unitRef="USD">395000000</us-gaap:UnearnedPremiums>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_479" unitRef="USD">4655000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_480" unitRef="USD">2121000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_481" unitRef="USD">184000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="INF" id="ID_482" unitRef="Security">4</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_483" unitRef="USD">0</us-gaap:DerivativeCollateralRightToReclaimCash>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_484" unitRef="USD">351000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_485" unitRef="USD">846000000</invest:DerivativeNotionalAmount>
  <mbi:FutureGuaranteePaymentsMaturityRange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_486">P1Y0M0D</mbi:FutureGuaranteePaymentsMaturityRange>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_487" unitRef="USD">-15000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_488" unitRef="USD">21000000</us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_489" unitRef="USD">0</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_490" unitRef="USD">478000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:NumberOfVariableInterestEntitiesConsolidated contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_491" unitRef="pure">1</mbi:NumberOfVariableInterestEntitiesConsolidated>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_492" unitRef="USD">17000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_493" unitRef="USD">-31000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_494" unitRef="USD">0</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_495" unitRef="USD">0</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_496" unitRef="USD">91000000</us-gaap:InterestExpense>
  <mbi:FutureGuaranteePaymentsMaturityRange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_497">P20Y0M0D</mbi:FutureGuaranteePaymentsMaturityRange>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_498" unitRef="USD">2676000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_499" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember" decimals="-6" id="ID_500" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_501" unitRef="USD">46000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_JuneThirtyTwoThousandSeventeenMember" decimals="-6" id="ID_502" unitRef="USD">707000000</us-gaap:UnearnedPremiums>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_503" unitRef="USDPerShare">5.05</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_504" unitRef="shares">192233526</us-gaap:TreasuryStockShares>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_505" unitRef="pure">0.58</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_506" unitRef="USD">-2000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_507" unitRef="pure">-0.014</us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_508" unitRef="USD">3171000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_509" unitRef="USD">-661000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_510" unitRef="USD">172000000</mbi:InsuranceLossRecoverable>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_511" unitRef="USD">24000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_512" unitRef="USD">-2898000000</us-gaap:Assets>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_513" unitRef="USD">5000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_514" unitRef="pure">-0.012</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_515" unitRef="pure">-0.003</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_516" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_517" unitRef="USD">13000000</mbi:NetOtherThanTemporaryImpairments>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_518" unitRef="shares">-402707</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_519" unitRef="USD">477000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_520" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_521" unitRef="USD">106000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_FirstLienResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_522" unitRef="USD">92000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_523" unitRef="USD">95000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_524" unitRef="USD">-51000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_525" unitRef="USD">326000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_526" unitRef="USD">1413000000</us-gaap:StockholdersEquity>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_527" unitRef="USD">1821000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_528" unitRef="USD">3950000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_529" unitRef="Security">24</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <dei:AmendmentFlag contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_530">false</dei:AmendmentFlag>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_531" unitRef="USD">6083000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_532" unitRef="USD">18000000</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_533" unitRef="USD">203000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_534" unitRef="USD">9870000000</us-gaap:Assets>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_535" unitRef="USD">147000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_536" unitRef="USD">-75000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_537" unitRef="USD">63000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_538" unitRef="USD">0</us-gaap:ProceedsFromNotesPayable>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_539" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_540" unitRef="USD">117000000</invest:DerivativeNotionalAmount>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_541" unitRef="USD">35000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_542" unitRef="USD">52000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_543" unitRef="USD">23000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_544" unitRef="USD">-1000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_545" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_546" unitRef="USD">-2544000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_547" unitRef="USD">1173000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_548" unitRef="pure">0.027</us-gaap:EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_549" unitRef="USD">857000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_550" unitRef="USD">4000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_551" unitRef="USD">109000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_552" unitRef="USD">2000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_553" unitRef="USD">14000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_554" unitRef="USDPerShare">13.6196</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:FairValueMeasurementPolicyPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_555">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; Measurements&amp;#8212;Definition and Hierarchy&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company carries certain financial instruments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market part&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icipants at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data is obtained from a variety of third-party sources, incl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uding dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for similar instruments or pricing models that use market data inputs. The u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially different fair values. The Company considers its own nonperforma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce risk and the nonperformance risk of its counterparties when measuring fair value.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The accounting guidance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;establishes a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hierarchy that categorizes into three levels, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inputs used &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;measur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value that maximizes the use of observable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing the asset or liability base&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market data. Unobservable inputs are those that reflect the Company&amp;#8217;s beliefs about the assumptions market participants would use in pricing the asset or liability based on the best information available. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three levels of the fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ierarchy &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are defined as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;follows:&lt;/font&gt;&lt;/p&gt;&lt;ul style='margin-top:0pt;' &gt;&lt;li style='list-style:disc;text-align:left;margin-top:9pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 1&amp;#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, with significant trading volumes. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:0pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2&amp;#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived prin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cipally from or corroborated by observable market data. &lt;/font&gt;&lt;/li&gt;&lt;li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 3&amp;#8212;Valuations based on inputs that are unobservable or supported by little or no market activity, and that are significant to the overall fair value measurement. Level 3 assets and liabilities i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nclude financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires sign&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ificant management judgment or estimation. &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The availability of observable inputs can vary from financial instrument to financial instrument and period to period depending on the type of instrument, market activity, the approach used to measure fair value,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and other factors. The Company categorizes a financial instrument within the fair value hierarchy based on the least observable input that is significant to the fair value measurement. When the inputs used to measure fair value of an asset or a liability &lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt;are categorized within &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;different levels based on the definition of the fair value hierarchy,&lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt; the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire&lt;/font&gt;&lt;font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' &gt; measurement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for additional fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:FairValueMeasurementPolicyPolicyTextBlock>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_556" unitRef="USD">14000000</us-gaap:OperatingExpenses>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_557" unitRef="USD">32000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_558" unitRef="USD">8000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" id="ID_559">P7Y0M0D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_560" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_561" unitRef="USD">38000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember" decimals="-6" id="ID_562" unitRef="USD">29000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:Cash contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_563" unitRef="USD">24000000</us-gaap:Cash>
  <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_564">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recently Adopted Accounting Standards &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has not adopted any new accounting pronouncements that had a material impact on its consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_565" unitRef="USD">9095000000</us-gaap:Assets>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_566" unitRef="pure">0.32</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_567" unitRef="USD">131000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_568" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_569" unitRef="USD">14000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_570" unitRef="USD">185000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_571" unitRef="USD">46000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_572" unitRef="USD">8000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_573" unitRef="USD">31000000</us-gaap:OtherIncome>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_574" unitRef="USD">-54000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_575" unitRef="USD">51000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:MinorityInterestAmountRepresentedByPreferredStock contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_576" unitRef="USD">12000000</us-gaap:MinorityInterestAmountRepresentedByPreferredStock>
  <us-gaap:InsurancePremiumsRevenueRecognitionPolicy contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_577">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Guarantee Insurance Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Unearned Premium Revenue and Receivabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;e for Future Premiums&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contrac&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t is measured at the present value of the premium due. For most financial guarantee insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in other financial guarantee contracts, the Company receives premiums in installments over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he present value of premiums expected to be collected over the contract period or expected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for contracts where (a)&amp;#160;the insured obligation is contractually prepayable, (b)&amp;#160;prepayments are probable, (c)&amp;#160;the amount and timing of prepayments are reasonably estimable, and (d)&amp;#160;a homogenous pool of assets is the underlying collateral for the insured o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bligation. The Company has determined that substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Comp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any reports the accretion of the discount on installment premiums receivable as premium revenue and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adj&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;usts the receivable for uncollectible amounts and recognizes any write-off as operating expense, and discloses the amount recognized in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 5: Insurance Premiums&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Premium Revenue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes and measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstandi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng in a given period to recognize a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (a)&amp;#160;the present value of premium received or expected to be received over the period of the contract to (b)&amp;#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;An issuer of an insured financial obligation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may retire the obligation prior to its scheduled maturity through refinancing or legal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&amp;#8217;s obligation being extinguished under the financial guarantee cont&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ract. The Company recognizes any remaining unearned premium revenue on the insured obligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Non-refundable commitment f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ees are considered insurance premiums and are initially recorded under unearned premium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; written and earned using the constant rate method. If the commitment agreement expires before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:InsurancePremiumsRevenueRecognitionPolicy>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_578" unitRef="USD">-14000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_579">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:269.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions except per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Basic earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per basic common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.54)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.06&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Diluted earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effect of common stock equivalents:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Stock options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Diluted weighted average shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;164.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per diluted common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.54)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.06&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Potentially dilutive securities excluded from the diluted EPS because of antidilutive affect&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; (1) Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_580" unitRef="USD">407000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_581" unitRef="USDPerShare">8.2722</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_582" unitRef="USD">1094000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_583" unitRef="USD">2777000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-6" id="ID_584" unitRef="USD">3000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_585" unitRef="USD">170000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_586" unitRef="USD">-188000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_587" unitRef="USD">-3118000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_588" unitRef="USD">115000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_589" unitRef="USD">71000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_590" unitRef="USD">28000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_591" unitRef="shares">164869788</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_592" unitRef="USD">190000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_593" unitRef="USD">85000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_594" unitRef="USD">-21000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:LoansReceivableFairValueDisclosure contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_595" unitRef="USD">1679000000</us-gaap:LoansReceivableFairValueDisclosure>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_596" unitRef="USD">7000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <mbi:LossPaymentsForCasesWithReserves contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_597" unitRef="USD">-128000000</mbi:LossPaymentsForCasesWithReserves>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_598" unitRef="USD">63000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_599" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_600" unitRef="USD">72000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ProceedsFromInsurancePremiumsCollected contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_601" unitRef="USD">61000000</us-gaap:ProceedsFromInsurancePremiumsCollected>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_602" unitRef="USD">118000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_603" unitRef="USD">0</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_604" unitRef="USD">0</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_605" unitRef="USD">197000000</us-gaap:InterestExpense>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_606" unitRef="USD">31000000</us-gaap:NetInvestmentIncome>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_607" unitRef="USD">44000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_608" unitRef="USD">101000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_609" unitRef="USD">69000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_610" unitRef="USD">-6000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_611" unitRef="USD">5440000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_612" unitRef="USD">-95000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_613" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_614" unitRef="USD">74000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="INF" id="ID_615" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_616" unitRef="USD">530000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_617" unitRef="USD">1000000</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:DeferredTaxAssetsValuationAllowance contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_618" unitRef="USD">770000000</us-gaap:DeferredTaxAssetsValuationAllowance>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_619" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_620" unitRef="USD">10000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:SegmentReportingDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_621">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 12: Business Segments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As defined by segment reporting, an operating segment is a component of a company (i)&amp;#160;that engages in business activities from which it earns revenue and incurs expenses, (ii)&amp;#160;whose operating results are regularly reviewed by the Chief &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&amp;#160;for which discrete financial information is available. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company manages its businesses across three oper&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ating segments: &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1) U.S. public finance insurance; 2)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate; and 3) international and structured finance insurance. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s U.S. public finance insurance business is operated through National and its international and structured finance insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;business is operated through MBIA Corp. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following sections provide a description of each of the Company&amp;#8217;s reportable operating segments.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s U.S. public finance insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;portfolio &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;managed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. public finance insured obligations when due. The obli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guarantees &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insure &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;municipal bonds, including tax-exempt and taxable indebtedness of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; U.S. political subdivisions, as well as utilit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ies&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, fees or tariffs related to the use of these projects, lease payments or other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;similar types of revenue streams. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Corporate&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s corporate segment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consists of general corporate activities, including &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;providing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;support services to MBIA Inc.&amp;#8217;s subsidiaries as well as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset and capital management. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;upport &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;services are provided by the Company&amp;#8217;s service company, MBIA Services Corporation, and include&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, among others, management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on a fee-for-service basis. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Capital managem&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, MBIA Global Funding, LLC (&amp;#8220;GFL&amp;#8221;) and MBIA Investment Management Corp. (&amp;#8220;IMC&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. MBIA Inc. issued debt to finance the operations of the MBIA group. GFL raised &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;funds through the issuance of MTNs with varying maturities, which were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, for bond proceeds and other public funds for such purposes as construction, loan origination, escrow and debt service or other reserve fund requirements. The Company has ceased issuing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;new&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and investment agreements and the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;outstanding liability&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; balances and corresponding asset balances have declined over time as liabilities mature&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, terminate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;called or repurchased&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All of the debt within the corporate segment is managed collectively and is serviced by available liquidity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Int&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ernational and Structured Finance Insurance &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s international &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;structured finance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment is principally conducted through MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;antees of the payment of principal of, and interest or other amounts owing on, non-U.S. public finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and global structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured obligations when due, or in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s upon default or otherwise. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. insures the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;investment contracts written by MBIA Inc., and if MBIA Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. insures debt o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bligations of the following affiliates:&lt;/font&gt;&lt;/p&gt;&lt;ul style='margin-top:0pt;' &gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc.;&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GFL;&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;IMC; and&lt;/font&gt;&lt;/li&gt;&lt;li style='text-align:left;margin-top:0pt;margin-bottom:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LaCrosse Financial Products, LLC, a wholly-owned affiliate, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; which MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; has written insurance policies guaranteeing the obligations under CDS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Certain policies &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cover payments potentially due under CDS, including termination payments that may become due in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS or derivatives contracts by the insured counterparty or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by the&amp;#160;guarantor.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA Corp. insure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-U.S. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;public finance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;global structured finance obligations, including asset-backed obligations. MBIA Corp. has insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sovereign-related and sub-sovereign &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bonds, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;utilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, privately issued bonds used for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financing of projects&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;include toll roads, bridges, airports, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;public &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;transportation facilities, and other types of infrastructure projects serving a substantial public purpose. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Global &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;structured finance and asset-backed obligations typically are securi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ties repayable from expected cash flows generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd real estate property. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp. has also written policies guaranteeing obligations under certain other derivative contracts, including termination payments that may become due upon &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain insolvency or payment defaults of the financial guarantor or th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e issuer. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company is no longer insuring new credit derivative contracts except for transactions related to the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;restructuring or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reduction of existing derivative exposure. MBIA Corp. has not written any meaningful amount of business since 2008.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Segments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; Results&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables provide the Company&amp;#8217;s segment results for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;262&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;370&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;185&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;200&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(127)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;683&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(130)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;607&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;151&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;466&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(130)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,094&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(407)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(188)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(661)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(152)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;556&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(603)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;944&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(255)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(625)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,331)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;606&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,582&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,312&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,203)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,095&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;335&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;480&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;84&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(279)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(282)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(131)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;427&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(69)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(131)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;80&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;400&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;244&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(469)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(339)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;176&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(417)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,077&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,479&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,486&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,905)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='15' rowspan='1' style='width:305.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:305.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Year Ended December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;U.S. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;International &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Public &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;and Structured&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;389&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;114&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;530&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net change in fair value of insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:222.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:222.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other net realized gains (losses) &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment revenues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(164)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(164)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Losses and loss adjustment &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;190&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;199&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Expenses of consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Inter-segment expenses&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(160)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(160)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;564&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;291&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;289&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;191&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Identifiable assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,599&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,870&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2,898)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,836&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:230.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;and other fees.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;and payables.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ms&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;id&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ms&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eog&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aph&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:243.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;238&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;310&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United Kingdom&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Europe (excluding United Kingdom)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other Americas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;385&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SegmentReportingDisclosureTextBlock>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_622" unitRef="USD">154000000</us-gaap:NetInvestmentIncome>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_623" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_624" unitRef="USD">6000000</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_625" unitRef="USD">284000000</us-gaap:CommonStockValue>
  <mbi:IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_626" unitRef="USD">14000000</mbi:IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_627" unitRef="USD">-45000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_628" unitRef="USD">8000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_629" unitRef="USD">58000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_630" unitRef="USD">13000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_631" unitRef="USD">-13000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_632" unitRef="USD">17000000</us-gaap:OtherIncome>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_633" unitRef="shares">2156381</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_634" unitRef="USD">5000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_635" unitRef="USD">147000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_636" unitRef="USD">200000000</us-gaap:Revenues>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_637" unitRef="USD">-178000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_638" unitRef="USD">230000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_639" unitRef="USD">-525000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_640" unitRef="USD">-625000000</us-gaap:NetIncomeLoss>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_641" unitRef="USD">21000000</us-gaap:OtherIncome>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_642" unitRef="USD">13000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_643" unitRef="USD">27000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_644" unitRef="USD">765000000</us-gaap:LongTermDebt>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_645" unitRef="USD">16000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_646" unitRef="shares">89409887</us-gaap:TreasuryStockShares>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_647" unitRef="USD">91000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_648" unitRef="USD">752000000</us-gaap:UnearnedPremiums>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="0" id="ID_649" unitRef="Policies">1</mbi:NumberOfPolicies>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_650" unitRef="USD">39000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_651" unitRef="USD">116000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_652" unitRef="USD">-108000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_653" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_654" unitRef="USD">1085000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:PercentageOfSecuritiesBookValueExceededMarketValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="4" id="ID_655" unitRef="pure">0.05</mbi:PercentageOfSecuritiesBookValueExceededMarketValue>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="INF" id="ID_656" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_657" unitRef="USD">7000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_658" unitRef="USD">113000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_659" unitRef="USD">269000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:ConsolidationPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_660">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Consolidation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s a controlling financial interest. All intercompany balances and transactions have been eliminated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;variable interest entity (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Voting interest entities are entities in which (i)&amp;#160;the total equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&amp;#160;the equity holders have the obligation to absorb los&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ses, the right to receive residual returns and the right to make decisions about the entity&amp;#8217;s activities. Voting interest entities are consolidated when the Company has a majority voting interest.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs are entities that lack one or more of the characterist&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ics of a voting interest entity. The consolidation of a VIE is required if an entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or interests give it a controlling financial interest in the VIE. A controlling financial interest is present when an enterprise has both (a)&amp;#160;the power to direct the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(b)&amp;#160;the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company consolidates all VIEs in which it is the primary beneficiary. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to apply the fair value option to all financial assets and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities of certain consolidated VIEs on a VIE-by-VIE basis.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for addit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ional information.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ConsolidationPolicyTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_661" unitRef="USD">5000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_662" unitRef="USD">23000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_663" unitRef="USD">-72000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_664">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:217.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31, &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Public Finance Insurance Segment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;499&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International and Structured Finance Insurance Segment:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Second-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;First-lien RMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;CDOs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Losses and LAE &lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;683&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes non-U.S. public finance and other issues.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_665" unitRef="USD">-234000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_666" unitRef="USD">63000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_667" unitRef="USD">3000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <mbi:SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_668">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reserve &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investments insured by MBIA Corp. and National.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock>
  <us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_669">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Cash&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Cash Equivalents &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Cash and cash equivalents include cash on hand&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;demand deposits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and depos&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with banks with original maturities of less than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three months&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_670" unitRef="USD">1082000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="2" id="ID_671" unitRef="pure">0.15</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_672" unitRef="USD">0</us-gaap:FairValueAdjustmentOfWarrants>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_673" unitRef="USD">333000000</mbi:InsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_674" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_675" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_mbi_InvestmentsCarriedAtFairValueMember" decimals="-6" id="ID_676" unitRef="USD">-3000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_677" unitRef="USD">-16000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_678" unitRef="USD">1095000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_679" unitRef="USD">9000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_680" unitRef="USDPerShare">9.8988</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_681" unitRef="USD">19000000</us-gaap:Investments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_682" unitRef="USD">8000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_683" unitRef="USD">105000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_684" unitRef="USD">6461000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_685" unitRef="USD">199000000</us-gaap:InterestExpense>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_686" unitRef="USD">8000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_687" unitRef="USD">-1605000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_688" unitRef="USD">11000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_689" unitRef="USD">5000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_690" unitRef="USD">4000000</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_691" unitRef="Security">24</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_692" unitRef="USD">9000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_693" unitRef="USD">304000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_694" unitRef="USD">2661000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_695" unitRef="USD">193000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_696" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_697" unitRef="USD">300000000</mbi:DiscountsNetOfFairValueAdjustmentsAndAccruedInterest>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_698" unitRef="USD">20000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_699" unitRef="USD">22000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_700" unitRef="USD">68000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_701" unitRef="USD">176000000</us-gaap:NetIncomeLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_702" unitRef="USD">-246000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_703" unitRef="USD">499000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="0" id="ID_704" unitRef="Issues">4</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember" decimals="-6" id="ID_705" unitRef="USD">1031000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_706" unitRef="USD">13000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_707" unitRef="USD">0</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <us-gaap:FairValueDisclosuresTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_708">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurement&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Assets &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial assets held by the Company primarily consist of investments in debt securities. Substantially all of the Company&amp;#8217;s investments are priced by independent third parties, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including pricing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;services and brokers. Typically, the Company receives one pricing service v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alue or broker quote for each instrument, which represents a non-binding indication of value. The Company, along with its third-party portfolio manager, reviews the assumptions, inp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uts and methodologies used by pricing services and brokers to obtain reason&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able assurance that the prices used in its valuations reflect fair value. When the Company and its third-party portfolio manager believe a third-party quotation differs significantl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review includes comparing significant assumptions such as prepayment speeds, default ratios, forward yie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ld curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the differences. The price provider may subsequently provide an updated price. In the event that the price provide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r does not update its price, and the Company still does not agree with the price provided, its third-party portfolio manager will obtain a price from another third-party provider or use an internally developed price which it believes represents the fair va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lue of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair value of the Company&amp;#8217;s investment portfolio as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. All challenges to third-party prices are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; reviewed by staff of the Company as well as its third-party portfolio manager with relevant expertise to ensure reasonableness of assumptions.&amp;#160;A pricing analysis is reviewed and approved by the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aluation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ommittee.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Liabilities (excludi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;ng derivative liabilities)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial liabilities, excluding derivative liabilities, issued by the Company primarily consist of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;debt issued for general corporate purposes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; within its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;corporate segment, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;investment agreements&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;debt &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issued by consolidated&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIEs and warrants. The majority of the financial liabilities that the Company has elected to fair value or that require fair value reporting or disclosures are valued based on the estimated value of the underlying collateral, the Company&amp;#8217;s or a third-part&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&amp;#8217;s estimate of discounted cash flow model estimates, or quoted market values for similar products. These valuations include adjustments for expected nonperformance risk of the Company.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivative Liabilities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s derivative liabilities are primar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ily interest rate swaps and an insured credit derivative. The Company&amp;#8217;s insured credit derivative contract is a non-traded structured credit derivative transaction and since they are highly customized and there is generally no observable market for th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company estimates &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; fair value in a hypothetical market based on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;internal model &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that incorporates market or estimated prices of similar securities that are obtained for all collateral within a transaction, the present value of the marke&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t-implied potential loss and nonperformance risk. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company reviews its valuation model results on a quarterly basis to assess the appropriateness of the assumptions and results in light of current market activity and conditions. This review is performed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by internal staff with relevant expertise. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Internal Review Process&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;All significant financial assets and liabilities are reviewed by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the valuation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;committee to ensure compliance with the Company&amp;#8217;s policies and risk procedures in the development of fair va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lues of financial assets and liabilities. Th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;valuation committee review&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, among other things, key assumptions used for internally developed prices, significant changes in sources and uses of inputs, including changes in model approaches, and any adjustmen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts from third-party inputs or prices to internally developed inputs or prices. The committee also review&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; any significant impairment or improvements in fair values of the financial instruments from prior periods. The committee &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;comprised of senior financ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e team members with relevant experience in the financial instruments their committee is responsible for. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he committee document&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; agreement with the fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;measurements &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported in the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&amp;#8217;s consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Valuation Technique&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Valuation techniques for financial instruments measured at fair value or disclosed at fair value are described below.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Fixed-Maturity Securities (including short-term investments) Held as Available-For-Sale, Investments Carried at Fair Value, Investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Pledged as Collateral, Investments Held-to-Maturity, and Other Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;These investments include investments in U.S. Treasury and government agencies, state and municipal bonds, foreign governments, corporate obligations, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MB&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset-backed securities (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, money market securities, and perpetual debt and equity securities.   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not available, fair value is generally&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, interest rate yield curves, CDS spre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable inputs include cash flow projections&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and the value of any credit enhancement.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The investment in the fixed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;income fund was measured at fair value by applying the net asset value per share practical expedient.&amp;#160;The investment in the fixed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;income fund may be redeemed on a quarterly basis with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;prior redemption notification of ninety days subject to withdrawal limitations.&amp;#160;The investment is required to be held for a minimum of twelve months, and any subsequent quarterly redemption is limited to 25% of the investment or a complete redemption over &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;four consecutive quarters in the amounts of 25%, 33%, 50%, and 100% of the remaining investment balance as of the first, second, third and fourth consecutive quarters, respectively. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;held-to-maturity (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments is determined using discounted cash flow models. Key inputs include unobservable cash flows projected over the expected term of the investment discounted using observable interest rate yield curves of similar securities.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investments based on q&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uoted market prices of identical investments in active markets are classified as Level 1 of the fair value hierarchy. Level 1 investments generally consist of U.S. Treasury and government agency, foreign government&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;money market &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities and perpetual de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bt and equity securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Quoted market prices of investments in less active markets, as well as investments which are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;valued based on other than quoted prices for which the inputs are observable, such as interest rate yield curves, are categorized in Leve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l 2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as Level 3.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Cash and Cash Equivalents&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and credit worthiness of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are categorized in Level 1 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Loans Receivable at Fair Value&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of residential mortgage and co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rporate loans. Fair values of residential mortgage loans are determined using quoted prices for MBS issued by the respective VIE and adjusted for the fair values of the financial guarantees&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; provided by MBIA Corp. on the related MBS. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The fair values of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial guarantees consider expected claim payments, net of recoveries, under MBIA Corp.&amp;#8217;s policies. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Fair values of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; corporate l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which are to privately held companies,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;based on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;methodologies that generally use comparable EBIT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;DA multiples and the most current available EBITDAs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; L&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oans receivable at fair value are categorized in Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Loan Repurchase Commitments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ans to MBIA as reimbursement of paid claims. Loan repurchase commitments are assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized residen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tial mortgage loans sold to the trust to comply with stated underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts owed by the selle&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs/servicers to MBIA as reimbursement of paid claims. Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Fair values of loan repurchase commitments are determined us&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ing discounted cash flow techniques &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are categorized in Level 3 of the fair value hierarchy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other Assets&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs consolidated by the Company have entered into derivative instruments consisting of cross currency swaps. Cross currency swaps are entered into&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to manage the variability in cash flows resulting from fluctuations in foreign currency rates. The fair value of VIE derivatives is determined based on inputs from unobservable cash flows projection of the derivative, discounted using observable discount &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates. As the significant inputs are unobservable, the derivative contract is categorized in Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' &gt;Other assets also include receivables representing the right to receive reimbursement payments on claim payments expected to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;be made on certain insured VIE liabilities due to risk mitigating transactions with third parties executed to effectively defease, or, in-substance commute the Company&amp;#8217;s exposure on its financial guarantee policies. The right to receive reimbursement payme&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;nts is based on the value of the Company&amp;#8217;s financial guarantee determined using the cash flow model.&amp;#160;The fair value of the financial guarantee &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;contains unobservable inputs and is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;categorized&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; in Level 3 of the fair value hierarchy. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Long-term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of long-term notes, debentures and surplus notes are estimated based on quoted prices for the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or similar securities. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of the accrued interest expense on the surplus notes due in 2033 is determined based on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carrying amou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt of the accrued interest expense, adjusted for the credit risk of the Company. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The carrying amounts of accrued interest expense on all other long-term debt approximate fair value due to the short-term nature&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the interest payment.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Long-term debt is cat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;egorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Level 2 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Medium-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;erm Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the Company applies a matrix&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; pricing grid to determine fair value based on the quoted market prices received &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for similar instruments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;considering &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the MTNs&amp;#8217; stated maturity and interest rate. Nonperformance risk is included in the quoted market prices and the matrix pricing grid. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company has elected to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;measure certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs at fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on a recurring basis &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with changes in fair value reflected in earnings. MTNs are categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of investment agreements &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently being offered for similar agreements with comparable maturity dates. Investment agreements contain collateralization and terminatio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categorized in Level 3 of the fa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ir value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entity Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair values of VIE notes are determined&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; based on recently executed transaction prices or quoted prices where observable. When position-specific quoted prices are not observable, fair values are based o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted for factors unique to the securities, including any credit enhancement. When observable quoted prices are not available, fair value is determine&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs. Observable inputs include interest rate yield curves and bond spreads of similar securities. Unobservable inputs include the value of any cred&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it enhancement. VIE notes are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivatives &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The corporate segment has entered into derivative tr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ansactions primarily consisting of interest rate swaps. Fair values of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;over-the-counter&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; derivatives are determined using valuation models based on observable inputs, nonperformance risk of the Company and nonperformance risk of the counterparties. Observab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;le and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Derivatives&amp;#8212;Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The derivative contracts insured by the Company cannot be legally traded and generally do not have observable market prices. The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;determines the fair values of insured credit derivatives using valuation models&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;based on observable inputs and considering nonperformance risk of the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Negotiated settlements are also considered to validate the valuation models and to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reflect assumptions the Company believes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market participant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s would use&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Valuation Model Overvi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;ew&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;used &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an internally developed Direct Price Model to value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that incorporate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; market prices or estimated prices of similar securities that are obtained for all collateral within a transaction, the present value of the market-implied potential losses, and nonperformance risk. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The valuation of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; credit &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative includes t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he impact of its credit standing. The insured credit derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level 3 of the fair value hierarchy based on unobservable inputs that are significant to the fair value measurement in its entirety.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Prior to 2017, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company use&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inom&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;xpansion &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;echnique (&amp;#8220;BET&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Model&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and the Direct Price Model to value insured CDS contracts. The BET Model &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; what a bond insurer would charge to guarantee a transaction at the measurement date, based on the market-implied default risk of the un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derlying collateral and the remaining structural protection in a deductible or subordination.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Inputs to the process of determining fair value for structured transactions using the BET Model include estimates of collateral loss, allocation of loss to separa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te tranches of the capital structure, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit spreads, recovery rates and nonperformance risk and weighted average life.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lso &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; liabilities as a result of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a commutation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; occurring in 2014. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The fair value of the derivative is de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;termined using a discounted cash flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;significant inputs are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;observable, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;derivative contract &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the fair value hier&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;archy. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other Liabilities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Stock warrants issued by the Company are valued using the Black-Scholes model and are recorded at fair value. Inputs into the warrant valuation include the Company&amp;#8217;s stock price, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the strike price of the warrant, time to expiration, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a volatility parameter, interest rates, and dividend data. As all significant inputs are market-based and observable, warrants are categorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Level 2 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Other payable relate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain contingent consideration. The fair value of the liability is based on the cash flow methodologies using observable and unobservable inputs. Unobservable inputs include invested asset balances and asset management fees that are significant to t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he fair value estimate and the liability is categorized in Level 3 of the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Held For Sale&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of December 31, 2016, the Company estimated the fair value of the assets and liabilities of MBIA UK held for sale based on the fair value of th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e expected total consideration for the sale of MBIA UK.&amp;#160;The fair value of the sale consideration is categorized in Level 2 of the fair value hierarchy. Refer to &amp;#8220;Note 1: Business Developments and Risks and Uncertainties&amp;#8221; for additional information about th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e sale of MBIA UK.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Guarantees&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Gross Financial Guarantees&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212;The fair value of gross financial guarantees is determined using discounted cash flow techniques based on inputs that include (i) assumptions of expected losses on financial guarantee po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;licies where loss reserves have not been recognized, (ii) amount of losses expected on financial guarantee policies where loss reserves have been established, net of expected recoveries, (iii) the cost of capital reserves required to support the financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;guarantee liability, (iv) operating expenses, and (v) discount rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; which reflect the expected nonperformance risk and recovery rates of the Company. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying value of the Company&amp;#8217;s gross financial guarantees consists of unearned premium revenue and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss and LAE reserves, net of the insurance loss recoverable as reported on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' &gt;Ceded Financial Guarantees&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212; The fair value of ceded financial guarantees is determined by applying the percentage ceded to reinsurers t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses as reported within &amp;#8220;Other assets&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of gross salv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;age payable to reinsurers as reported w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ithin &amp;#8220;Other &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Significant Unobservable Inputs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables provide quantitative information regarding the significant unobservable inputs used by the Company for assets and liabilities measured at fair value on a recurring basis as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-25% - 35% (-2%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples of EBITDA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets adjusted for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0% - 60% (36%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;54% - 54% (54%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$0 - $49 ($25)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Negative percentage represents financial guarantee policies in a receivable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Unobservable inputs are primarily based on comparable companies&amp;#39; EBITDA multiples.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 28% (3%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples of EBITDA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 54% (24%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 40% (33%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10% - 32% (32%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.1 - 1.5 (1.3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 35% (30%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58% - 58% (58%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$0 - $83 ($42)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:334.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:334.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Unobservable inputs are primarily based on comparable companies&amp;#39; EBITDA multiples.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Sensitivity of Significant Unobservable Inputs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable input&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; used in the fair value measurement of the Company&amp;#8217;s loans receivable at fair value of consolidated VIEs &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he impact of the financial guarantee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and multiples&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The fair value of loans receivable &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; calculated by subtracting the value of the financial guarantee from the market value of VIE liabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and methodologies using multiples of EBITDA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The value of a financial guarantee is estimated by the Company as th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e present value of expected cash payments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of recoveries, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;under the policy. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As the value of the financial guarantee provided by the Company under the insurance policy increases, there is a lower expected cash flow on the underlying loans receivable of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the VIE. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;This results in a lower fair value of the loans receivable in relation to the obligations of the VIE.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Multiples are external factors that are considered when determining the fair values of corporate loans. These loans are to privately held compani&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es for which MBIA has limited information. Therefore, the Company uses multiples of EBITDA of comparable companies and any increase or decrease in these multiples would result in an increase or decrease in the fair values of the loans, respectively. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ignificant unobservable inputs used in the fair value measurement of the Company&amp;#8217;s loan repurchase commitments of consolidated VIEs are the recovery rates and breach rates. Recovery rates reflect the estimates of future cash flows reduced for litigation de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lays and risks and/or potential financial distress of the sellers/servicers. The estimated recoveries of the loan repurchase commitments may differ from the actual recoveries that may be received in the future. Breach rates represent the rate at which mort&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gages fail to comply with stated representations and warranties of the sellers/servicers. Significant increases or decreases in the recovery rates and the breach rates would result in significantly higher or lower fair values of the loan repurchase commitm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ents, respectively. Additionally, changes in the legal environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could significantly impact the fair value measurement. Any significant challenges by the count&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erparties to the Company&amp;#8217;s determination of breaches of representations and warranties could &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;have a material &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;adverse impact &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the fair value measurement. Recovery rates and breach rates are determined independently. Changes in one input will not necessari&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ly have any impact on the other input.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable input used in the fair value measurement of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; notes of consolidated VIEs is the impact of the financial guarantee. The fair value of VIE notes is calculated by adding the v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alue of the financial guarantee to the market value of VIE assets. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments under the policy. As the value of the guarantee provided by the Company to the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of the VIE.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Effective in 2017, the Company changed its technique on valuing its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;commercia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l mortgage-backed securities (&amp;#8220;CMBS&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;redit derivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to the Direct Price Model from the BET Model. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;significant unobservable input&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;used in the fair value measurement &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nonperformance risk. The nonperformance risk is an assumption of MBIA Corp.&amp;#8217;s ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Any significant increase or decrease in MBIA Corp.&amp;#8217;s nonperformance risk would result in a decrease or increase in the fair value of the deri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vative liabilities, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Prior to 2017, the Company used the BET Model to value its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CMBS &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit derivatives&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;significant unobservable input&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;used &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the fair value measurement of its CMBS credit derivatives were CMBS spreads, recovery rates, n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;onperformance risk and weighted average life. The CMBS spread is an indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a potential loss. The nonperformance risk is an assumption of MBIA Corp.&amp;#8217;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Weighted average life is based on the Company&amp;#8217;s estimate of when&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the principal of the underlying collateral of the CMBS structure will be repaid. A significant increase or decrease in CMBS spreads would result in an increase or decrease in the fair value of the derivative liability, respectively. A significant increase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in weighted average life can result in an increase or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant losses. Any significant increase or decrease in recovery rates, or MBIA Corp.&amp;#8217;s nonp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erformance risk would result in a decrease or increase in the fair value of the derivative liabilities, respectively. CMBS spreads, recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecessarily have any impact on the other inputs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The significant unobservable input used in the fair value measurement of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; MBIA Corp.&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other derivatives, which are valued using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a discounted cash flow m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;odel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimates of future cash flows &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;discounted using market rates and CDS spreads. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Any significant increase or decrease in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;future cash flows &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;would result in a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;increase&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;decrease&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the fair value of the derivative liabilit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Measurements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables prese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt the fair value of the Company&amp;#8217;s assets (including short-term investments) and liabilities measured and reported at fair value on a recurring basis as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;858&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;858&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,338&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,340&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;368&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;368&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;178&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:174pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,058&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-income fund&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:201pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:201pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,608&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,272&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;663&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;864&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;595&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.15pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.9pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.85pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.85pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;825&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;937&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,334&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;825&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,999&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;521&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;521&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-income fund&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:199.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:199.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,559&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,378&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,564&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;875&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,351&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,784&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Level 3 assets at fair value as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; represented approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 30&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively, of total assets measured at fair value. Level 3 liabilities at fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; represented approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 41&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; 37&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%, respectively, of total liabilities measured at fair value. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present the fair values and carrying va&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lues of the Company&amp;#8217;s assets and liabilities that are disclosed at fair value but &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;not reported at fair value on the Company&amp;#8217;s consolidated balance sheets as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;918&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;892&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,002&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,002&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,354&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,755&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,785&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,785&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;308&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,199&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;794&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;508&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;508&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;399&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,898&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,638&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,638&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;995&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present information about changes in Level 3 assets (including short-term investments) and liabilities measured at fair value on a recurring basis for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:538.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;   residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(236)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;   corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;719&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;737&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(324)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2,140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;168&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(141)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;595&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:552pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:552pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses) for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Gains /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;State and municipal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(39)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(125)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Assets of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Residential mortgage-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Collateralized debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,185&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(258)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loans receivable-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  corporate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(107)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Loan repurchase&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;396&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Currency derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,834&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(344)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(109)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(144)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(146)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(631)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,531&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(245)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(631)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ransfers into Level 3 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and out of Level 2 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were principally related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CMBS and corporate obligations, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;where inputs, which are significant to their valuation, became unobservable during the period. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDOs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, CMBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orporate obligations&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and other asset-backed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;comprised the majority of the instruments transferred out of Level 3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment spe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into or out of Level 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ransfers into Level 3 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and out of L&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;evel 2 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were principally related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other asset-backed, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CMBS, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orporate obligations&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, state and municipal bonds, and RMBS, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;where inputs, which are significant to their valuation, became unobservable during the period. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;State and municipal &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bonds&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orporate obligations&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and other asset-backed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;comprised the majority of the instruments transferred out of Level 3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepaym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ent speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into or out of Level 1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;All Level 1, 2 and 3 designations are made at the end of each accounting p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eriod.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;G&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ude&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;relating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l 3 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bili&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Change in Unrealized Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for the Period Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;for Assets and Liabilities still&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Included in Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;held as of December 31, &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Unrealized gains (losses) on&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;159&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;145&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Realized gains (losses) and other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net gains (losses) on financial instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Net investment losses related to &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Revenues of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;   Net gains (losses) on financial instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;      at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;98&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;206&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fair Value Option&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company elected to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;changes in fair value included in the Company&amp;#8217;s consolidated statements of operations for the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial instruments for which the fair value option was elected:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity securities held at fair value-VIE&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(124)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(146)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(158)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(268)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(246)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other loans&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Variable interest entity notes &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;383&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;___________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&amp;quot; on MBIA&amp;#39;s consolidated statements of operations.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ega&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ega&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;inin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bala&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ndin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loans and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;727&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;965&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;894&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,394&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;474&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,296&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;617&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,258&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,066&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;813&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,449&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,351&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,098&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;158&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The difference between the contractual outstanding principal and the fair values &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, in the preceding table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;k. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ppor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and the nonperformance risk of the Company on its MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:FairValueDisclosuresTextBlock>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="2" id="ID_709" unitRef="USDPerShare">-2.54</us-gaap:EarningsPerShareBasic>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_710" unitRef="USD">-1000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_711" unitRef="USD">64000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_712" unitRef="USD">-29000000</us-gaap:IncreaseDecreaseInAccruedLiabilities>
  <dei:EntityCommonStockSharesOutstanding contextRef="AS_OF_Feb22_2018_Entity_0000814585" decimals="0" id="ID_713" unitRef="shares">88763473</dei:EntityCommonStockSharesOutstanding>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_714" unitRef="USD">105000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_715" unitRef="USD">2524000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:ScheduleOfDebtInstrumentsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_716">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:113.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:113.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.400% Senior Notes due 2022&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.000% Debentures due 2025&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.150% Debentures due 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.625% Debentures due 2028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.700% Senior Notes due 2034&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;624&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Debt issuance costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after August 15, 2006 at par.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Callable anytime at the greater of par or the present value of the remaining scheduled&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;          payments of principal and interest.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Contractual interest rate is based on three month LIBOR plus 11.26%.  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDebtInstrumentsTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_717" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_718">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:111pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_719" unitRef="USD">66000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="5" id="ID_720" unitRef="pure">0.028</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_721" unitRef="USD">35000000</mbi:VieInterestNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_722" unitRef="USD">180000000</us-gaap:NetIncomeLoss>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_723" unitRef="USD">169000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_724" unitRef="USD">127000000</invest:DerivativeNotionalAmount>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_725" unitRef="USD">2599000000</us-gaap:Assets>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_726" unitRef="USD">1679000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_727" unitRef="USD">0</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <dei:TradingSymbol contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_728">MBI</dei:TradingSymbol>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_729" unitRef="USD">633000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_730" unitRef="USD">33000000</us-gaap:OtherAssets>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_731" unitRef="USD">2764000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_732" unitRef="USD">6000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_733" unitRef="USD">5000000</mbi:NetOtherThanTemporaryImpairments>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_734" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_735" unitRef="USD">106000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_736" unitRef="USD">67000000</us-gaap:Revenues>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_737" unitRef="USD">-1000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_738" unitRef="USD">3759000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_739" unitRef="USD">365000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="INF" id="ID_740" unitRef="Security">1</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_741" unitRef="USD">121000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_742" unitRef="USD">28000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_743" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:DerivativesPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_744">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Derivatives&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erivative instruments are reported at fair value on the consolidated balance sheets as either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statements of operations as &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; or &amp;#8220;Unrealized gains (losses) on insured derivatives&amp;#8221; depending on the nature of the derivative.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The net change in the fair value of the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured derivatives has two primary components: (i) realized gains (losses) and other settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &amp;#8220;Realized gains (losses) and other settlements on insured derivatives&amp;#8221; inclu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de (i) premiums received and receivable on sold CDS contracts, (ii) premiums paid and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterpar&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ties due to the occurrence of a credit event or settlement agreement, (v) losses recovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. &amp;#8220;Unrealized gains&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (losses) on insured derivatives&amp;#8221; includes all other changes in fair value of the insured derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host contract an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d accounted for as derivative instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. In addition, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company elected to record at fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; derivative instrument. These hybrid financial instruments included certain medium-term notes (&amp;#8220;MTNs&amp;#8221;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bifurcating the embedded derivat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ives.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Refer to &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for a further discussion of the Company&amp;#8217;s use of derivatives and their impact on the Company&amp;#8217;s consolidated financial statements and &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 7: Fair Value of Financial Instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; for derivative valuation techniques and fair value disclosures.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DerivativesPolicyTextBlock>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_745" unitRef="USD">2300000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_746" unitRef="USD">72000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_747" unitRef="USD">0</us-gaap:Investments>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_748" unitRef="USD">26000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_749" unitRef="USD">588000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="0" id="ID_750" unitRef="Policies">280</mbi:NumberOfPolicies>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_751" unitRef="USD">85000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember" decimals="-6" id="ID_752" unitRef="USD">42000000</us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_753" unitRef="USD">14000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_754" unitRef="USD">1000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_755" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_756" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_757" unitRef="USD">11000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_758" unitRef="USD">35000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_759" unitRef="USD">-38000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_760" unitRef="USD">2146000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherAmericasMember" decimals="-6" id="ID_761" unitRef="USD">26000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_762" unitRef="USD">389000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_763" unitRef="USD">1645000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <dei:CurrentFiscalYearEndDate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_764">--12-31</dei:CurrentFiscalYearEndDate>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_765" unitRef="USD">1000000</us-gaap:CededPremiumsWritten>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_766" unitRef="USD">50000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_767" unitRef="USD">2928000000</invest:DerivativeNotionalAmount>
  <us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_UnearnedPremiumsLongDurationMember" decimals="-6" id="ID_768" unitRef="USD">304000000</us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_769" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_770" unitRef="USD">199000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_771" unitRef="USD">29000000</us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_772" unitRef="USD">2000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_773" unitRef="USD">267000000</mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_774" unitRef="USD">1082000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_775" unitRef="USD">39000000</us-gaap:OtherIncome>
  <mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_PriorToAmendmentMember" decimals="0" id="ID_776" unitRef="shares">2</mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_777" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_778" unitRef="USD">76000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_779" unitRef="USD">64000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_780" unitRef="USD">1425000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_781" unitRef="USD">-1605000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_782" unitRef="pure">0.377</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_783" unitRef="USD">0</us-gaap:CashIncludingDiscontinuedOperations>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_784" unitRef="USD">2000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_785" unitRef="pure">0</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_786" unitRef="USD">30000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount>
  <us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="INF" id="ID_787" unitRef="Security">17</us-gaap:AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_788" unitRef="USD">337000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_789" unitRef="USD">-9000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_790" unitRef="USD">4582000000</us-gaap:Assets>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_791" unitRef="USD">73000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_792" unitRef="USD">36000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandSeventeenMember" decimals="-6" id="ID_793" unitRef="USD">665000000</us-gaap:UnearnedPremiums>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_794" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_795" unitRef="USD">4438000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_796" unitRef="USD">116000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_797" unitRef="USD">77000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_798" unitRef="USD">4000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_799" unitRef="USD">-1000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_800" unitRef="shares">2112343</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_801" unitRef="USD">191000000</us-gaap:NetIncomeLoss>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_HeldtomaturitySecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_802" unitRef="USD">890000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_803" unitRef="USD">-28000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_804" unitRef="USD">9000000</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_805" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_806" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_807" unitRef="USD">1000000</mbi:InsuranceLossRecoverable>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_808" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_809" unitRef="USD">-52000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_810" unitRef="USD">116000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_811" unitRef="USD">1312000000</us-gaap:Assets>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_812" unitRef="USD">-2000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_813" unitRef="USD">216000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_814" unitRef="pure">0.3</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_815" unitRef="USD">5000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_816" unitRef="USD">1000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_817" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_818" unitRef="USD">-4000000</us-gaap:OtherIncome>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_819" unitRef="USD">66000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_820" unitRef="USD">305000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_821" unitRef="USD">1000000</us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember" decimals="-6" id="ID_822" unitRef="USD">10000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_823" unitRef="USD">20000000</us-gaap:UnearnedPremiums>
  <us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_824">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Foreign Currency Translation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Financial statement assets and liabilities denominated in foreign currencies are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in U.S. dollars generally using rates of exchange prevailing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the balance sheet date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and any related translation adjustments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;resulting from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;translation of the financial statements of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; non-U.S. operation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from its functional currency i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nto U.S. dollars &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in shareholders&amp;#8217; equity. Operating results &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the Company&amp;#8217;s non-U.S. operations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are translated at average rates of exchange prevailing during the year. Foreign currency remeas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urement gains and losses resulting from transactions in non-functional currencies are recorded in earnings.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company derecognizes the cumulative translation adjustment reported in &amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ccumulated other comprehensive income (loss)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; and includes the amount a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s part of the gain or loss on the sale or liquidation of its investment in a foreign entity in the period in which the sale or liquidation occurs.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_825" unitRef="USD">15000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_826" unitRef="USD">5000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_827" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_828" unitRef="USD">-260000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_829" unitRef="USD">146000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_830" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_831" unitRef="USD">-339000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_832" unitRef="USD">156000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_833" unitRef="USD">124000000</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_834" unitRef="USD">262000000</us-gaap:DerivativeLiabilities>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_835" unitRef="USD">-1331000000</us-gaap:NetIncomeLoss>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_836" unitRef="USD">32000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_837" unitRef="USD">-469000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_838" unitRef="USD">203000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsForeign contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_839" unitRef="USD">62000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsForeign>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_840" unitRef="USD">31000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_841" unitRef="USD">111000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_842" unitRef="USD">4000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_843" unitRef="USD">69000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_844" unitRef="USD">74000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAggregatedInvestmentsMember" decimals="-6" id="ID_845" unitRef="USD">2000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <mbi:RollforwardOfPremiumsReceivableTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_846">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;369&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Recorded within premiums earned on MBIA&amp;#39;s consolidated statement of operations. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily consists of realized gains due to changes in foreign currency exchange rates.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;from New&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Business&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Term of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Written&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;792&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(115)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(292)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;409&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Recorded within premiums earned on MBIA&amp;#39;s consolidated statement of operations.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily consists of premiums receivable of $267 million reported within &amp;quot;Assets held for sale&amp;quot; on MBIA&amp;#39;s consolidated balance sheet. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:RollforwardOfPremiumsReceivableTableTextBlock>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_847" unitRef="USD">152000000</us-gaap:NetInvestmentIncome>
  <us-gaap:CommitmentsAndContingencies contextRef="AS_OF_Dec31_2017_Entity_0000814585" id="ID_848" unitRef="USD" xsi:nil="true"/>
  <us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_849">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:381pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Restricted Share Activity&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:33.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,916,661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,727,319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9302&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,358,826&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.0047&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Granted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;708,529&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3740&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;756,381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2722&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;481,636&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Vested&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,051,657)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(917,039)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.6196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,112,343)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.8988&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,180,555)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2912&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(650,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.2601&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(800)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0500&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,392,978&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.6142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,916,661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,727,319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9302&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_850" unitRef="USD">0</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_851" unitRef="USD">137000000</us-gaap:OperatingExpenses>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_852" unitRef="USD">-28000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_853" unitRef="USD">7000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_854" unitRef="USD">-51000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_855" unitRef="USD">13000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_856" unitRef="USD">1000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_857" unitRef="USD">0</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_858" unitRef="USD">38000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_859" unitRef="USD">-338000000</us-gaap:NetIncomeLoss>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_860" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_861" unitRef="USD">0</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_862" unitRef="USD">13000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_863">P8Y10M24D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_864" unitRef="USD">683000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_865" unitRef="USD">163000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OverseasPrivateInvestmentCorporationMember" decimals="-6" id="ID_866" unitRef="USD">281000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:DeferredTaxAssetsDerivativeInstruments contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_867" unitRef="USD">13000000</us-gaap:DeferredTaxAssetsDerivativeInstruments>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_868" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_869" unitRef="USD">106000000</us-gaap:InterestExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_870" unitRef="USD">-22000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_871" unitRef="USD">109000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_872" unitRef="USD">28000000</mbi:FeesAndReimbursements>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_873" unitRef="USD">981000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_874" unitRef="USDPerShare">9.374</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_875" unitRef="USD">14000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_876" unitRef="shares">1180555</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" decimals="-6" id="ID_877" unitRef="USD">25000000</mbi:FairValueMeasurementRangeDollars>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_878" unitRef="shares">133001088</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_879" unitRef="USD">173000000</us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount>
  <mbi:IncreaseDecreaseInInsuranceLossRecoverable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_880" unitRef="USD">44000000</mbi:IncreaseDecreaseInInsuranceLossRecoverable>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="0" id="ID_881" unitRef="Issues">119</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_882" unitRef="USD">1818000000</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_883" unitRef="USD">-9000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_884" unitRef="USD">7670000000</us-gaap:Liabilities>
  <us-gaap:CapitalizationOfDeferredPolicyAcquisitionCostsPolicy contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_885">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Acquisition Costs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company capitalizes and defers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acquisition costs &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that are directly related to the successful acquisition of new or renewal insurance business. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs are costs t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o acquire an insurance contract which result directly from and are essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; costs include compensation of employe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs also include ceding commissions paid by the Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in connection with assuming business from other financial guarantors. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; premiums are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CapitalizationOfDeferredPolicyAcquisitionCostsPolicy>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_886" unitRef="USD">568000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_887" unitRef="USD">60000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_888" unitRef="USD">3000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:EarningsPerShareTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_889">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 17: Earnings Per Share&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Earnings p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is calculated using the two-class method in which earnings are allocated to common stock and participating securities based on their rights to receive nonforfeitable dividends or dividend equivalents. The Company grants &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;restricted stock and restricted stock units to certain employees and non-employee directors in accordance with the Company&amp;#8217;s long-term incentive programs, which entitle the participants to receive nonforfeitable dividends or dividend equivalents during the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; vesting period on the same basis as those dividends are paid to common shareholders. These unvested stock awards represent participating securities. During periods of net income, the calculation of earnings per share exclude the income attributable to par&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ticipating securities in the numerator and the dilutive impact of these securities from the denominator. During periods of net loss, no effect is given to participating securities in the numerator and the denominator excludes the dilutive impact of these s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecurities since they do not share in the losses of the Company.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Basic earnings per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the peri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;od. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common stock. The dilution from stock options, warrants &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and unvested restricted stock are calculated by applying the two-class method and using the treasury stock method. The treasury stock method assumes the proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unvested restricted stock will be used to purchase shares of the Company&amp;#8217;s common stock at the average market price during the period. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During periods of net loss, stock options, warrants and unvested restricted stock are excluded from the calculation becau&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se they would have an antidilutive affect. Therefore, in periods of net loss, the calculation of basic and diluted earnings per share would result in the same value. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; followin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; tabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e computation of basic and diluted earnings per share f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:269.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions except per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Basic earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per basic common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.54)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.06&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:264pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Diluted earnings per share:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less: undistributed earnings allocated to participating securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) available to common shareholders&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basic weighted average shares&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effect of common stock equivalents:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;  Stock options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Diluted weighted average shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;133.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;164.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net income (loss) per diluted common share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13.50)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.54)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.06&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:22.15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Potentially dilutive securities excluded from the diluted EPS because of antidilutive affect&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; (1) Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:EarningsPerShareTextBlock>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_890" unitRef="USD">406000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_891" unitRef="USD">-164000000</us-gaap:Revenues>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_892" unitRef="USD">593000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_893" unitRef="USD">39000000</us-gaap:InterestExpense>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_894" unitRef="USD">248000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_895" unitRef="USD">0</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="INF" id="ID_896" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_897" unitRef="USD">106000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_898" unitRef="USD">28000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_899" unitRef="USD">30000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_900" unitRef="USD">-127000000</us-gaap:Revenues>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_901" unitRef="shares">283717973</us-gaap:CommonStockSharesIssued>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_902" unitRef="USD">-124000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_903" unitRef="USD">-41000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_904" unitRef="USD">5000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_905" unitRef="USD">-263000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_906" unitRef="USD">5000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate>
  <us-gaap:IncomeTaxDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_907">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 11: Income Taxes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Income (loss) from operations before provision (benefit) for income taxes consisted of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Domestic&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(638)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(362)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;303&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income (loss) before income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(661)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(339)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The Company also files tax returns in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Spain,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Mexico,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and various state and local jurisdictions. Income tax expense (benefit) on income (loss) and shareholders&amp;#8217; equity consisted of:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Current taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;944&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income taxes charged (credited) to shareholders&amp;#39; equity related to:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in unrealized gains (losses) on AFS securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in AFS securities with OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in foreign currency translation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Share-based compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total income taxes charged (credited) to shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total effect of income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;965&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A reconciliation of the U.S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. federal statutory tax rate of 35&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to the Company&amp;#8217;s effective income tax rate for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:141.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:141.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal income tax computed at the statutory rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Increase (reduction) in taxes resulting from:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax Reform/Change in Tax Rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(71.4)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mark-to-market on warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.5)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(116.9)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2.2)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nondeductible compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1.4)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred inventory adjustments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign Taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiary&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(33.0)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(0.3)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Effective tax rate&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(142.8)%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Deferred Tax Asset, Net of Valuation Allowance&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in inco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me in the period that includes the enactment date.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Valuation allowances are established to reduce deferred tax assets to the amount that more likely than not will be realized.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The tax effects of temporary differences that give rise to deferred tax assets a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd liabilities as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are presented in th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e following table:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:89.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:89.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferral of cancellation of indebtedness income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred acquisition costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized gains in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Partnership basis difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred taxes on VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Compensation and employee benefits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and loss adjustment expense reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net operating loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;582&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign tax credits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Alternative minimum tax credit carryforward&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;930&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,339&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred tax asset&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;970&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On June 26, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017, S&amp;amp;P downgraded the financial strength rating of National&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;led the Company to cease its efforts to actively pursue writing new financial guarantee business. In addition to National&amp;#8217;s cessation of new business activity, there was an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;increase in loss and LAE due to changes in assumptions on certain Puerto Rico credits. As&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a result&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the increase in loss and LAE, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; has a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three-year cumulative loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which is considered significant negative evidence in the assessment of its abi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lity to use its deferred tax assets. In addition, the Company considered all available positive and negative evidence as required by GAAP, to estimate if sufficient taxable income will be generated to use its deferred tax assets. After considering all posi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tive and negative evidence, including the Company&amp;#8217;s inability to objectively identify and forecast future sources of taxable income, the Company c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oncluded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in the second quarter of 2017 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;did not have sufficient positive evidence to support its ability to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;use its deferred tax assets before they would expire. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Accordingly, the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a full valuation allowance against its net deferred tax asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of $770 million in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:TimesNewRoman;font-size:10pt;' &gt;The Company will continue to analyze the valuation allowance on a quarterly basis&lt;/font&gt;&lt;font style='font-family:TimesNewRoman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On December 22, 2017, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;President &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the United States &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;signed into law the Tax Cuts and Jobs Act&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (the &amp;#8220;Act&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which among other items reduces the federal corporate tax rate to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% effective January 1, 2018. As a result, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;during the fourth quarter of 2017, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; revalued &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its net&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;using the newly enacted tax rate of 21%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recorded &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;472&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reduction to both its net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset and valuation allowance.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s revaluation of its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax asset is subject to further clarifi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cations of the new law that cannot be estimated at this time. However, as further clarification of the new law is determined, any adjustment would be offset with a valuation allowance resulting in no change to the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax asset. The Comp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;any does not anticipate future cash expenditures as a result of the reduction to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its net &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;deferred tax asset.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under the Act, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NOLs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of property and casualty insurance companies retain their current two-year carryback and 20-year carryforward periods and will not be subject to the 80 percent taxable income limitation and indefinite lived carryforward period applicable to general corporate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NOLs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Therefore, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NOLs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; generated after 2017 by the Company&amp;#8217;s insurance companies and non-insurance companies will be treated differently under the Act.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Due to held for sale accounting of MBIA UK as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;36&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of deferred tax liabilities has been reported within &amp;#8220;Lia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bilities held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheet. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Tax Sharing Agreement&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has a tax sharing agreement among its members effective January 1, 1987. The agreement was amended and restated effective September 8, 2011 to change th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e method of calculating each domestic insurer&amp;#8217;s tax liability to the method permitted by paragraph 3(a) of Department Circular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and non-disapproval pursuant to Section 1505 of the New Y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ork Insurance Law.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Refer to &amp;#8220;Note 2: Significant Accounting Policies&amp;#8221; for further discussion on the Company&amp;#8217;s tax sharing agreement&lt;/font&gt;&lt;font style='font-family:TimesNewRoman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&amp;#8212;&amp;#8220;Accounting for Income Taxes&amp;#8212;Special Areas&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sold MBIA UK and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reversed any deferred &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;income taxes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with respect &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the differences in the book and tax basis in the Company&amp;#8217;s carrying value of MBIA UK&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amount of undistributed earnings of certain foreign subsidiaries&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was not material as of December 31, 2017.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;cc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;ax&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eco&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;/or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ons&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company includes interest as a component of income tax expense. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had no UTB.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Federal income tax returns through 2011 have been examined or surveyed. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NOL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The NOL will &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expire between tax years 20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;31&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; through 203&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company has a foreign tax credit carryforward of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;62&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, which will expire between tax years 2019 through 2027. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company has an alternative minimum tax&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;AMT&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit carryforward of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;30&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, which does not expire.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a result of tax reform, AMT credits are now fully refundable no later than 2022. The AMT credit has been reclassed out of the deferred tax asset and into other assets as the AMT credits are now a receivable. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_908" unitRef="USD">985000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="2" id="ID_909" unitRef="pure">0.15</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_910" unitRef="USD">1000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_911" unitRef="USD">129000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_912" unitRef="USD">67000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_ShortTermAvailableForSaleMember" decimals="-6" id="ID_913" unitRef="USD">676000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_914" unitRef="USD">3712000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_915" unitRef="USD">-152000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_916" unitRef="USD">139000000</us-gaap:InterestPaidNet>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_917" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_918" unitRef="USD">-1000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_919" unitRef="USD">0</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted>
  <us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_920" unitRef="USD">40000000</us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_921" unitRef="USD">0</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_922" unitRef="USD">125000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_923" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_924" unitRef="USD">57000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_925">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2036)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;847&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,065&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;765&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for notes issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.15pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts net of carrying amount adjustments and embedded derivatives of $240 million, fair value adjustments of $65 million, net of accrued interest of $5 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_926" unitRef="USD">3728000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_927" unitRef="USD">-19000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_928" unitRef="USD">4655000000</us-gaap:Investments>
  <mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_929" unitRef="USD">2200000000</mbi:TransactionsGuaranteedOnBehalfOfVariousAffiliates>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_930" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_931" unitRef="USD">406000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_932" unitRef="USD">86000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_933" unitRef="USD">39000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_934" unitRef="USD">2751000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_935" unitRef="USD">-94000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:AssumedPremiumsEarned contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_936" unitRef="USD">2000000</us-gaap:AssumedPremiumsEarned>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_937" unitRef="USD">230000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_938" unitRef="USD">-4000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_939" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_940" unitRef="USD">-338000000</us-gaap:NetIncomeLossAvailableToCommonStockholdersDiluted>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_941" unitRef="USD">-2000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_942" unitRef="USD">-611000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <dei:DocumentPeriodEndDate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_943">2017-12-31</dei:DocumentPeriodEndDate>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_944" unitRef="USD">4100000000</invest:DerivativeNotionalAmount>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_945" unitRef="USD">617000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:VieInterestNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_946" unitRef="USD">57000000</mbi:VieInterestNet>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_947" unitRef="USD">127000000</invest:DerivativeNotionalAmount>
  <us-gaap:ScheduleOfVariableInterestEntitiesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_948">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 4: Variable Interest Entities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Through MBIA&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;international and structured finance insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;segment, the Company provides credit protection to issuers of obligations that may involve issuer-sponsored special purpose entities (&amp;#8220;SPEs&amp;#8221;). An SPE may be considered a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to the extent the SPE&amp;#8217;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial support or its equity investors lack any one of the following characteristics&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the power to direct the activities of the SPE that most significantly impact the entity&amp;#8217;s economic performance or (ii) the obligation to absorb the expected losses of the entity or the right to receive the expected residual returns of the entity. A holder &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to consolidate the entity as primary beneficiary. An assessment of a controlling financial interest identifies the prim&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ary beneficiary as the variable interest holder that has both of the following characteristics&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i) the power to direct the activities of the VIE that most significantly impact the entity&amp;#8217;s economic performance and (ii) the obligation to absorb losses of t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he entity or the right to receive benefits from the entity that could potentially be significant to the VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required to be performed b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ased on any substantive changes in facts and circumstances involving the VIE and its variable interests.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial determination if ce&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rtain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financial interest. Base&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company makes its determination for consolidation based on a qualitative assessment of the purpose a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd design of a VIE, the terms and characteristics of variable interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligations issued by VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, and holds certain contractual rights according to the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain contingent events, and th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ese activities may be considered the activities of a VIE that most significantly impact the entity&amp;#8217;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonperformance by a VI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E, to be an obligation to absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic performance of the e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntity based on facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financial interest that&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may result in consolidation or deconsolidation of any VIE.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Es&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ho&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, through its insurance operations.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lowi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;so &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olid&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and carrying &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liab&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;agg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CD&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by non&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Es.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:366.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:366.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7,295&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,741&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;216&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5,010&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;981&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,418&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,645&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14,939&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;6,461&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15,568&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,524&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;30,507&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8,985&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:367.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:367.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Carrying Value of Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Maximum&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Adjustment&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Exposure&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Expense&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;to Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Investments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Receivable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Recoverable&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,167&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,914&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;9,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,796&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,893&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,331&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,625&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20,088&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10,391&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;44,306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;12,051&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;64,394&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;22,442&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Reported within &amp;quot;Investments&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:17.45pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Reported within &amp;quot;Premiums receivable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. Excludes $125 million that is included within &amp;#8220;Assets held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Reported within &amp;quot;Insurance loss recoverable&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.6pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Reported within &amp;quot;Unearned premium revenue&amp;quot; on MBIA&amp;#39;s consolidated balance sheets. Excludes $134 million that is included within &amp;#8220;Liabilities held for sale&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Reported within &amp;quot;Loss and loss adjustment expense reserves&amp;quot; on MBIA&amp;#39;s consolidated balance sheets.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he maximum exposure to loss as a result of MBIA&amp;#8217;s variable interests in VIEs is represented by insurance in force. Insurance in force is the maximum future payments of princip&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;est&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whic&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;qu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;und&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mmitment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ma&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ke p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;atio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ns&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; iss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;li&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ate&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; V&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;E&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The carrying amounts of assets and liabilities of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated VIEs were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, respectively, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The carrying amounts of assets and liabilities are presented separately in &amp;#8220;Assets of consolidated variable interest entities&amp;#8221; and &amp;#8220;Liabilities of consolidated variable interest entiti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIEs are consolidated or de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated based on an ongoing reassessment of controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rights that constitu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te power to direct activities of any VIEs are present according to the design and characteristics of these entities. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Two additional&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; VIE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ere&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; additional VIE w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consolidated during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;year ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Holders of insured obligations of issuer-sponsored VIEs related to the Company&amp;#8217;s international and structured finance insurance segment do not have recourse to the general assets of MBIA. In the event of nonpayment of an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured obligation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&amp;#8217;s exposure to consolidated VIEs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is limited to the credit protection provided on insure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d obligations and any additional variable interests held by MBIA.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:ScheduleOfVariableInterestEntitiesTextBlock>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_949" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_950" unitRef="USD">79000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_951" unitRef="USD">0</us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_952" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_953" unitRef="USD">206000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_954" unitRef="USD">-2000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_955" unitRef="USD">1095000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:DebtInstrumentInterestRateTerms contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" id="ID_956">Contractual interest rate is based on the three month LIBOR plus 11.26%. Callable on or after January 15, 2023 and every fifth anniversary thereafter at par.</us-gaap:DebtInstrumentInterestRateTerms>
  <us-gaap:PremiumsWrittenNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_957" unitRef="USD">10000000</us-gaap:PremiumsWrittenNet>
  <us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_958">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 3: Recent Accounting Pronouncements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recently Adopted Accounting Standards &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has not adopted any new accounting pronouncements that had a material impact on its consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Recent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Accounting Developments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Revenue from Contracts with Customers &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(Topic 606) (ASU 2014-09)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Deferral of the Effective Date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;(ASU 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In May of 2014, the Financial Accounting Standards Board (&amp;#8220;FASB&amp;#8221;) issued ASU 2014-09, &amp;#8220;Revenue from Contracts with Customers (Topic 606).&amp;#8221; ASU 2014-09 amends the accounting guidance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 does not apply to financial guarantee insurance contracts within the scope o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f Topic 944, &amp;#8220;Financial Services &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8212; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance.&amp;#8221; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ASU 2014-09 applies to certain fees and reimbursements, and is not expected to materially impact revenue recogni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of these fees and reimbursements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; In August of 2015, the FASB issued ASU 2015-14, &amp;#8220;Revenue f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rom Contracts with Customers (Topic 606)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &amp;#8212; Deferral of the Effective Date.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221; ASU 2015-14 defers the effective date of ASU 2014-09 to interim and annual periods beginning January 1, 2018, and is applied on a retrospective or modified retrospective basis. The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; adoption of ASU 2014-09 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In Janua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry of 2016, the FASB issued ASU 2016-01, &amp;#8220;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.&amp;#8221; ASU 2016-01 requires certain equity investments other than those accounted for under the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do not have readily determinable fair values a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities in combination with the entity&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; other deferred tax assets. ASU 2016-01 requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability that results from a change in the instrument-specific credit risk for financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for interim and annual periods beginning January 1, 2018, and is applied on a modified retrospecti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve basis. Early adoption is not permitted with the exception of early application of the guidance that requires separate presentation in other comprehensive income of the change in the instrument-specific credit risk for financial liabilities measured at f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;air value in accordance with the fair value option&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Based on the fair values as of December 31, 2017 of financial liabilities measured at fair value in accordance with the fair value option, the cumulative-effect adjustment, net of tax, related to the ins&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;trument-specific credit risk portion of such financial liabilities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was a loss of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;162&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which represents the amount that would have been reclassed from retained earnings to AOCI had the Company adopted ASU 2016-01 on December 31, 2017.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Based on fair values as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of equity investments, the cumulative-effect adjustment, net of tax, related to net unrealized gains of such investments was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;approximately $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, which represents the amount that would have been reclass&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed from AOCI to retained earnings had the Company adopted ASU 2016-01 on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had a full valuation allowance against its deferred tax asset. Refer to &amp;#8220;Note 11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;: Income Taxes&amp;#8221; for further information a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bout this valuation allowance on the Company&amp;#8217;s deferred tax asset. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company plans to adopt ASU 2016-01 in its entirety in the first quarter of 2018.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Leases (Topic 842) (ASU 2016-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2016, the FASB issued ASU 2016-02, &amp;#8220;Leases (Topic 842)&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that amends the accounting guidance for leasing transactions. ASU 2016-02 requires a lessee to classify lease contracts as finance or operating leases, and to recognize assets and liabilities for the rights and obligations created by leasing transactions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; with lease terms more than twelve months. ASU 2016-02 substantially retains the criteria for classifying leasing transactions as finance or operating leases. For finance leases, a lessee recognizes a right-of-use asset and a lease liability initially meas&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from the amortization of the right-of-use asset. For operating leases, a lessee recognizes a right-of-use asset and a lease liability initial&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ly measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU 2016-02 is effective for interim and annual periods beginning January 1, 2019 with early adoption permitted, and is applied on a modified ret&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rospective basis. The adoption of ASU 2016-02 is not expected to materially impact the Company&amp;#8217;s consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In June&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of 2016, the FASB issued ASU 2016-13, &amp;#8220;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.&amp;#8221; ASU 2016-13 requires financing receivables and other financial assets measured at amortized cost to be presente&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d at the net amount expected to be collected by recording an allowance for credit losses with changes in the allowance recorded as credit loss expense or reversal of credit loss expense based on management&amp;#8217;s current estimate of expected credit losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;each &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;period. ASU 2016-13 does not apply to credit losses on financial guarantee insurance contracts within the scope of Topic 944, &amp;#8220;Financial Services-Insurance.&amp;#8221; ASU 2016-13 also requires impairment relating to credit losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities to be presen&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ted through an allowance for credit losses with changes in the allowance recorded in the period of the change as credit loss expense or reversal of credit loss expense. Any impairment amount not recorded through an allowance for credit losses on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecurities is recorded through other comprehensive income. ASU 2016-13 is effective for interim and annual periods beginning January 1, 2020 with early adoption permitted beginning January 1, 2019. ASU 2016-13 is applied on a modified retrospective basis ex&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cept that prospective application is applied to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities with other-than-temporary impairments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;OTTI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recognized before the date of adoption. The Company is evaluating the impact of adopting ASU 2016-13.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Income Statement &amp;#8211; Reporting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In February of 2018, the FASB issued ASU 2018-02, &amp;#8220;Income Statement &amp;#8211; Reporting Comprehensive Income (Topic 220): Reclassifi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cation of Certain Tax Effects from Accumulated Other Comprehensive Income.&amp;#8221; ASU 2018-02 permits, but does not require, the reclassification of the income tax effects of the Tax Cuts and Jobs Act (the &amp;#8220;Act&amp;#8221;) from accumulated other comprehensive income (&amp;#8220;AOC&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&amp;#8221;) to retained earnings. The election to reclassify the income tax effects from the Act applies to all items within AOCI. ASU 2018-02 is effective for interim and annual periods beginning after December 15, 2018. Early adoption of ASU 2018-02 is permitted&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and is applied in the period of adoption or retroactively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Act is recognized. The Company is evaluating the impact of adopting ASU 2018-02.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_959" unitRef="USD">62000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_960" unitRef="USD">14000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_961" unitRef="USD">-50000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_us-gaap_AvailableforsaleSecuritiesMember" decimals="-6" id="ID_962" unitRef="USD">4423000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_EquityAvailableForSaleMember" decimals="-6" id="ID_963" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_964">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE I&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. AND SUBSIDIARIES&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SUMMARY OF INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount at&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;which shown&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Type of investment&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;balance sheet&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Available-for-sale:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;985&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,014&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;840&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,173&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,117&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;365&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total long-term available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,743&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,743&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Short-term available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;676&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total available-for-sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,423&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;223&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;230&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.1pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,663&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,655&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,655&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated variable interest entities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;157&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;182&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;182&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.1pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Held-to-maturity:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,085&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.1pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:270.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:270.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments of consolidated variable interest entities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,777&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,751&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_965" unitRef="USD">49000000</invest:DerivativeNotionalAmount>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_966" unitRef="USD">353000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_967" unitRef="USD">35000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_968">P10Y0M0D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_969" unitRef="USD">10000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_970" unitRef="USD">80000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_971" unitRef="USD">10000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_972" unitRef="USD">19000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="5" id="ID_973" unitRef="pure">0.028</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate>
  <mbi:PercentageOfFairValueBelowBookValueMaximum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="2" id="ID_974" unitRef="pure">0.25</mbi:PercentageOfFairValueBelowBookValueMaximum>
  <us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_975" unitRef="shares">118930282</us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_976" unitRef="USD">0</us-gaap:OtherIncome>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_977" unitRef="USD">607000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="-6" id="ID_978" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_979" unitRef="USD">782000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_980" unitRef="USD">182000000</us-gaap:TradingSecurities>
  <dei:EntityCurrentReportingStatus contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_981">Yes</dei:EntityCurrentReportingStatus>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_982" unitRef="USD">23000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_983" unitRef="USD">747000000</invest:DerivativeNotionalAmount>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_984" unitRef="USD">782000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_985" unitRef="USD">67000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_986" unitRef="pure">0.58</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_987" unitRef="USD">2000000</mbi:FairValueOfCreditSupportAnnexes>
  <us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_988" unitRef="USD">94000000</us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_989" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_990">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Basis of Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The consolidated financial statements have been prepared &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The preparation of financial statements in conformity with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and exp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;enses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain amounts h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ave been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. This includes a change in the presentation of cash paid when withholding shares for tax-withholding purposes in &amp;#8220;Purchases of treasury stock&amp;#8221; on the Company&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s consolidated statement of cash flows as required under Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2016-09, &amp;#8220;Compensation-Stock Compensation (Topic 718)&amp;#8221;. The change in presentation effected &amp;#8220;Operating and employee related expenses paid&amp;#8221;, in operating cash flows&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &amp;#8220;Purchases of treasury stock&amp;#8221;, in financing cash flows, on the Company&amp;#8217;s consolidated statement of cash flows in prior periods. Such reclassifications did not materially impact on total revenues, expenses, assets, liabilities, shareholders&amp;#8217; equity, op&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;erating cash flows, investing cash flows, or financing cash flows for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="0" id="ID_991" unitRef="Policies">89</mbi:NumberOfPolicies>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_992" unitRef="USD">-59000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="0" id="ID_993" unitRef="Issues">1</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_994" unitRef="USD">-19000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_995" unitRef="USD">14000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_996" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_997" unitRef="USD">68000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_998" unitRef="USD">21000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_999" unitRef="USD">-19000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1000" unitRef="USD">25000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_1001" unitRef="shares">756381</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1002" unitRef="USD">-24000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_1003" unitRef="USD">1000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1004" unitRef="USD">132000000</us-gaap:FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1005" unitRef="USD">11839000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1006" unitRef="USD">-3000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:FairValueAdjustmentOfWarrants contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1007" unitRef="USD">0</us-gaap:FairValueAdjustmentOfWarrants>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1008" unitRef="USD">-32000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1009" unitRef="USD">1000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_1010" unitRef="pure">-0.015</mbi:EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_us-gaap_AsiaMember" decimals="-6" id="ID_1011" unitRef="USD">3000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1012" unitRef="USD">220000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1013" unitRef="USD">-14000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="INF" id="ID_1014" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_PremiumsReceivableMember" decimals="-6" id="ID_1015" unitRef="USD">267000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1016" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1017" unitRef="USD">-8000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1018" unitRef="USD">366000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_1019" unitRef="shares">-986455</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1020" unitRef="USD">-51000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1021" unitRef="USD">8964000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1022">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 20: Commitments and Contingencies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MBIA has received subpoenas or informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators and has or is in the process of satisfying all such requests. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;may receive additional inquiries from these or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Litigation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Insurance Corp. v. Credit Suisse Securities (USA) LLC, et al.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; Index N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o. 603751/2009 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(N.Y. Sup. Ct., N.Y. County)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On December&amp;#160;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court, New York County, against Credit Suisse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Securities (USA) LLC, DLJ Mortgage Capital, Inc. and Select Portfolio Servicing Inc. (c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ollectively, &amp;#8220;Credit Suisse&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The complaint seeks damages for fraud and breach of contractual obligations in connection with the procurement of financial guarantee insurance on the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Home Equity Mortgage Trust Series 2007-2 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securitization. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On January 30, 20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;13, MBIA Corp. filed an amended complaint. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amended &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;complaint alleges, among other claims, that Credit Suisse falsely represented&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (i)&amp;#160;the attributes of the securitized loans; (ii)&amp;#160;that the loans complied with the governing underwriting guidelines; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(iii)&amp;#160;that Credit Suisse had conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their contractual oblig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ations to cure or repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On March 31, 2017, the court granted in par&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t and denied in part the parties&amp;#8217; summary judgment motions, including granting Credit Suisse&amp;#8217;s request to dismiss MBIA&amp;#8216;s fraud claim.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Oral argument before the Appellate Division of the Supreme Court, First Judicial Department on the parties&amp;#8217; cross-appeals &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;from the court&amp;#8217;s March 31, 2017 decision and order on the parties&amp;#8217; summary judgment motions took place on October 24, 2017 and a decision is pending.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Insurance Corp. v. J.P. Morgan Securities LLC (f/k/a Bear, Stearns&amp;#160;&amp;amp; Co. Inc.)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; Index No.&amp;#160;64676/2012 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(N.Y. Sup. Ct., County of Westchester)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On September 14, 2012, MBIA Corp. filed a complaint alleging fraud against &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;J.P. Morgan Securities LLC (f/k/a Bear, Stearns &amp;amp; Co. Inc.) relating to Bear, Stearns &amp;amp; Co. Inc.&amp;#8217;s role as lead securities underwriter on the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; GMAC Mortgage Corporation Home Equity Loan Trust 2006-HE4. On June 6, 2017, the parties filed a stipulation acknowledging that they had resolved the claims in litigation and dismissing the action with prejudice.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Ambac Bond Insurance Coverage Cases,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Coordi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nated Proceeding Case No. JCCP 4555 (Super. Ct. of Cal., County of San Francisco)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On July&amp;#160;23, 2008, the City of Los Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a number of financial guarantee i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nsurers, including MBIA. At the same time and subsequently, additional complaints were filed by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other municipal entities and quasi-municipal entities.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; These cases are part of a coordination proceeding in Superior Court, San Francisco County, before Judge &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;urtis E. A. Karnow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In August &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2011, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;plaintiffs filed amended versions of their respective complaints. The claims allege &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;violation of California&amp;#8217;s antitrust laws through maintaining a dual credit rating s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cale that misstated the credit default risk of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;issuers&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, thereby creating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;market demand for bond insurance. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;laintiffs also allege that the individual bond insurers participated in risky financial transactions in other lines of business that damaged each bond insurer&amp;#8217;s financial condition, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;failure to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;adequately disclose the impact of those transactions on their financial condition. The non-municipal plaintiffs also allege a California unfair competition cause of action. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On December 11, 2017, the parties reached a settlement of the litiga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion, which is expected to be finalized in the first half of 2018, at which point the matter will be dismissed with prejudice. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Lynn Tilton and Patriarch Partners XV, LLC v. MBIA Inc. and MBIA Insurance Corp. v.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; Index No.68880/2015&amp;#160;(N.Y. Sup. Ct., County &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of Westchester)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On November 2, 2015, Lynn Tilton and Patriarch Partners XV, LLC filed a complaint in New York State Supreme Court, Westchester County, against MBIA Inc. and MBIA Corp., alleging fraudulent inducement and related claims arising from purporte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d promises made in connection with insurance policies issued by MBIA Corp. on certain collateralized loan obligations managed by Ms. Tilton and affiliated Patriarch entities, and seeking damages. The plaintiffs filed an amended complaint on January 15, 201&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6. On January 17, 2017, MBIA filed its answer. Discovery concluded in October 2017 and a Trial Readiness Conference was held on November 3, 2017, at which the Cou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rt set a schedule for the briefing of summary judgment motions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which was completed as of February 1, 2018 and a decision on which is now pending&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. On January 8, 2018, Justice Gr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;etchen Walsh was assigned to the case.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;National Public Finance Guarantee Corporation v. Padilla, Civ. No. 16-cv-2101 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(D.P.R. June 15, 2016) (Besosa J.)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On June 15, 2016, National filed a complaint in federal court in Puerto Rico challenging the Puerto Rico&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Emergency Moratorium and Financial Rehabilitation Act (Law 21-2016 or the &amp;#8220;Moratorium Act&amp;#8221;) as unconstitutional under the United States Constitution. On June 22, 2016, National filed a motion for partial summary judgment on its claim that the Moratorium A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct is preempted by the federal Bankruptcy Code. On July 7, 2016, the Puerto Rico defendants filed a motion to stay the case pursuant to the Puerto Rico Oversight, Management and Economic Stability Act (&amp;#8220;PROMESA&amp;#8221;), which was granted by the Court in August o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f 2016. The defendants filed their answer to the complaint on July 26, 2016.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On November 15, 2016, the District Court denied National&amp;#8217;s motion to lift the stay on litigation pursuant to PROMESA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n January 30, 2017, the District Court denied without prejud&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ice National&amp;#8217;s partial motion for a summary judgment. On January 11, 2017, the U.S. Court of Appeals for the First Circuit affirmed the denial of a separate plaintiff&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;motion to lift the PROMESA stay in a related action challenging the Moratorium Act. Acc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ordingly, the case remained stayed through May 1, 2017, at which time the PROMESA stay expired. However, on May 3, 2017, Puerto Rico filed a Title III petition under PROMESA, thereby staying this dispute under Title III of PROMESA. On August 1, 2017, the D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;istrict Court dismissed the case with prejudice. On August 28, 2017, National filed a motion for reconsideration.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Assured Guaranty Corp. et al. v. Commonwealth of Puerto Rico et al., &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Case No. 3:17-cv-01578 (D.P.R. May 3, 2017) (Swain, J.)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On May 3, 2017, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Financial Oversight and Management Board filed a petition under Title III of PROMESA to adjust the debts of Puerto Rico.&amp;#160;On the same day, National, together with Assured Guaranty Corp. and Assured Guaranty Municipal Corp., f/k/a Financial Security Assu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rance Inc., filed an adversary complaint in the case commenced by the Title III filing, alleging that the Fiscal Plan and the Fiscal Plan Compliance Act, signed into law by the Governor of Puerto Rico on April 29, 2017, violate PROMESA and the United State&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s Constitution. On October 6, 2017, National, together with the other plaintiffs in the filing, voluntarily dismissed the complaint without prejudice.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;The Bank of New York Mellon v. Puerto Rico Sales Tax Financing Corporation, et al.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Case No. 17-133-LTS (&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D.P.R. May 16, 2017) (Swain, J.)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On May 16, 2017, the Bank of New York Mellon, as trustee for COFINA, filed an adversary complaint seeking an interpleader and declaratory relief relating to conflicting directions from multiple stakeholders regarding allege&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d events of default. National has intervened in this matter. Given the complexity of the issues, the judge granted Bank of New York&amp;#8217;s interpleader request ordering a freeze on disbursements to all bondholders and temporarily setting aside the funds until t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he dispute can be resolved between the parties. Under a scheduling order, discovery is underway and motions for summary judgment and opening briefs were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;filed on February 21&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, 2018.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Assured Guaranty Corp. et al. v. Commonwealth of Puerto Rico et al.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Case N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o. 17 BK 3567-LTS (D.P.R. June 3, 2017) (Swain, J.)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On May 21, 2017, the Oversight Board filed a petition under Title III of PROMESA to adjust the debts for the Puerto Rico Highways &amp;amp; Transportation Authority (&amp;#8220;PRHTA&amp;#8221;). On June 3, 2017, National, together &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;with Assured Guaranty Corp. and Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company, filed an adversary complaint PRHTA Title III case, alleging that the Commonwealth and PRHTA are unlawfully diverting pledged special revenues from th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e payment of certain PRHTA bonds to the Commonwealth&amp;#8217;s General Fund. Motions to dismiss were filed on June 28, 2017, and oral arguments were heard on November 21, 2017. On January 30, 2018, the court granted the Commonwealth defendants&amp;#8217; motion to dismiss t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he PRHTA-related adversary complaint. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;On February 9, 2018, National, together with Assured, Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company, filed their notice of appeal of the motions to dismiss to the United States Court of Appe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;als for the First Circuit.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;National Public Finance Guarantee Corp. et al. v. The Financial Oversight and Mgmt. Bd. et al.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Case No. 3:17-cv-01882 (D.P.R. June 26, 2017) (Besosa, J.)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On June 26, 2017, National, together with Assured Guaranty Corp. and Assur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed Guaranty Municipal Corp., filed a complaint against the Oversight Board, its chairman and certain of its members seeking declaratory, injunctive and mandamus relief requiring the Oversight Board to comply with certain of its obligations under PROMESA. O&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n July 17, 2017, the plaintiffs filed an amended complaint against the Oversight Board, its chairman, and certain of its members in their official and individual capacities, seeking declaratory relief under PROMESA and asserting a claim for nominal damages&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; against the individual defendants for tortious interference with the PREPA Restructuring Support Agreement. By order of the Court date August 7, 2017, the litigation was stayed.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;National Public Finance Guarantee Corp. et al. v. The Financial Oversight a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;nd Mgmt. Bd. et al., Case No. 17 BK-04780 (D.P.R. August 7, 2017) &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' &gt;On August 7, 2017, National, together with Assured Guaranty Corp., Assured Guaranty Municipal Corp., the Ad Hoc Group of PREPA &amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bondholders, and Syncora Guarantee Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; filed an adversary co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;mplaint under Title III of PROMESA against PREPA, the Financial Oversight and Management Board for Puerto Rico, Puerto Rico Fiscal Agency and Financial Advisory Authority, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' &gt;et al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;enforce Plaintiffs&amp;#8217; contractual interest and constitutional right to revenu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es that PREPA pledged to bondholders but has thus far refused to turn over.&amp;#160;Plaintiffs seek a declaration that Defendants have violated sections 922(d) and 928(a) of the Bankruptcy Code, and that efforts to compel Defendants to apply such revenues to pay f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or debt service on the Bonds are not stayed as provided under section 922(d) of the Bankruptcy Code.&amp;#160;Plaintiffs also seek a declaration that, pursuant to sections 922(d) and 928 of the Bankruptcy Code as incorporated into PROMESA, PREPA is only authorized &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to use Revenues to pay for current operating expenses in the current time period, not for future expenses that may be deferred to or payable at a later date.&amp;#160;In addition to declaratory relief, Plaintiffs also seek injunctive relief prohibiting Defendants f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rom taking or causing to be taken any action that would further violate sections 922(d) and 928(a) of the Bankruptcy Code and ordering Defendants to remit Revenues for the uninterrupted and timely payment of debt service on the Bonds in accordance with sec&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tions 922(d) and 928(a) of the Bankruptcy Code. On October 13, 2017, National, together with the other plaintiffs in the filing, voluntarily dismissed without prejudice the above referenced adversary complaint.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;The Official Committee of Unsecured Creditors&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; of the Commonwealth of Puerto Rico, as agent of the Commonwealth of Puerto Rico&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;v. Bettina Whyte, as agent of the Puerto Rico Sales Tax Financing Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Adv. Proc. No. 17-257-LTS in Case No. 17 BK&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;3283-LTS (D.P.R. Sept. 8, 2017)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;On August 10, 2017, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Court approved and entered a Stipulation and Order Approving Procedure to Resolve Commonwealth-COFINA Dispute in the PROMESA Title III proceeding relating to whether sales and use taxes purportedly pledged by COFINA to secure debt are property of the C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ommonwealth or COFINA under applicable law. On November 16, 2017, National intervened as a Defendant in the adversary proceeding and filed its answer, affirmative defenses, and counterclaims. On December 21, 2017, the Court issued an order, which, inter al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia, dismissed without prejudice, certain claims of the intervenors that exceeded the scope of the Commonwealth-COFINA dispute including certain of National&amp;#39;s counterclaims. National&amp;#8217;s first counterclaim which seeks a declaratory judgment that the COFINA st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;atutes are constitutional remains a part of this litigation. On January 13, 2018, the Court permitted the Commonwealth Agent to file a second amended complaint. National&amp;#8217;s answer was filed on January 30, 2018.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For those &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aforementioned actions in which it i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s a defendant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company is defending against those actions &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and expects ultimately to prevail on the merits. There is no assurance, however, that the Company will prevail in these actions. Adverse rulings in these actions could have a material adverse ef&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fect on the Company&amp;#8217;s ability to implement its strategy &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on its business, results of operations, cash flows and financial condition. At this stage of the litigation, there has not been a determination as to the amount, if any, of damages. Accordingly, t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he Company is not able to estimate any amount of loss or range of loss.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company similarly can provide no assurance that it will be successful in those actions in which it is a plaintiff.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There are no other material lawsuits pending or, to the knowledge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the Company, threatened, to which the Company or any of its subsidiaries is a part&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:justify;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Lease &lt;/font&gt;&lt;font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Commitments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has a lease agreement for it&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s headquarters &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Purchase, New York&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as well as other immaterial leases for offices in New York, New York and San Francisco, California. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Purchase, New York &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;initial lease term expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;This lea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se agreement included an incentive amount to fund certain leasehold improvements, renewal options, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;escalation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;clauses and a free rent period. This&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; lease agreement has been classified as an operating lease, and operating rent expense &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has been &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recognized on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a straight-line basis&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; since the second quarter of 2014. As of December 31, 2017, total future minimum lease payments remaining on this lease were $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;36&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1023" unitRef="USD">129000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1024" unitRef="USD">49000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1025" unitRef="USD">3000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1026" unitRef="USD">-15000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract>
  <us-gaap:OperatingLossCarryforwards contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_1027" unitRef="USD">2800000000</us-gaap:OperatingLossCarryforwards>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-6" id="ID_1028" unitRef="USD">310000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1029" unitRef="USD">-160000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1030" unitRef="USD">75000000</us-gaap:InterestExpense>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1031" unitRef="USD">-1000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1032" unitRef="USD">466000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1033" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1034">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;51&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;53&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(141)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;595&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;70&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:548.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Change in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;the Period&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included in&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings for&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;still held&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Realized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Transfers&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Beginning&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;(Gains) /&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Included&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI or&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;into&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;out of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Ending&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;of Year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;in OCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Purchases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Issuances&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Sales&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Level 3&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;Balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Credit derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(43)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Other derivatives, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Liabilities of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;  consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;VIE notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(146)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(631)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;1,531&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(45)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(245)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(631)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(38)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='40' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Transferred in and out at the end of the period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1035" unitRef="USD">14836000000</us-gaap:Assets>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1036" unitRef="USD">6000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1037" unitRef="USD">0</us-gaap:OtherIncome>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1038" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1039" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1040" unitRef="USD">369000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1041" unitRef="USD">425000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1042" unitRef="USD">10000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1043">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Future&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Upfront&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Installments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Earnings&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;752&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;729&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;707&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;686&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;665&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;587&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;516&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;79&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;452&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;395&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;195&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;95&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;225&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2032&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;47&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2037 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;54&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;386&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;366&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_1044" unitRef="shares">480836</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_1045" unitRef="shares">281352782</us-gaap:CommonStockSharesIssued>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1046" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1047" unitRef="USD">0</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1048" unitRef="USD">-140000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1049" unitRef="USD">-17000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1050" unitRef="USD">-292000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1051" unitRef="USD">71000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1052" unitRef="USD">207000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1053" unitRef="USD">0</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_1054" unitRef="USD">31000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_VariableInterestEntityNotesMember" decimals="-6" id="ID_1055" unitRef="USD">381000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1056" unitRef="USD">0</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1057" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1058" unitRef="USD">-338000000</us-gaap:NetIncomeLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1059" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" id="ID_1060">P10Y0M25D</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1061" unitRef="USD">3000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_1062" unitRef="USD">157000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_1063" unitRef="Security">133</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1064" unitRef="USD">20000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1065">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:123pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:123pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due in one year or less&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;674&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;674&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after one year through five years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,157&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,159&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after five years through ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;601&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;540&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,067&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed and asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:InvestmentsClassifiedByContractualMaturityDateTableTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1066" unitRef="USD">782000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1067" unitRef="USD">105000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1068" unitRef="USD">325000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1069" unitRef="USD">10000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1070" unitRef="USD">197000000</us-gaap:InterestExpense>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1071" unitRef="USD">446000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1072" unitRef="USD">1000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1073" unitRef="USD">3000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1074" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" decimals="-6" id="ID_1075" unitRef="USD">-8000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1076">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:354pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1,069)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:middle;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;843&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;979&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes payments made to satisfy the Zohar II Claim. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Primarily changes in the amount to satisfy the Zohar II Claim. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in Loss and LAE Reserves for the Year Ended December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Gross Loss&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Payments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Accretion&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;and LAE&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;for Cases&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;of Claim&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Unearned&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves as of&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;with&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Liability&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Changes in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Premium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;LAE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Discount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Assumptions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;516&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.1pt;' &gt;&lt;td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:486.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Primarily changes in amount and timing of payments.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1077" unitRef="USD">0</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_1078" unitRef="USD">3200000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_CDOsMember" decimals="-6" id="ID_1079" unitRef="USD">-32000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MaximumMember" id="ID_1080">P5Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_1081" unitRef="USD">3128000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1082" unitRef="USD">0</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1083" unitRef="USD">87000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1084" unitRef="USD">63000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1085" unitRef="USD">36000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1086" unitRef="USD">8000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1087" unitRef="USD">0</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1088" unitRef="USD">303000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="INF" id="ID_1089" unitRef="Security">0</us-gaap:HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1090" unitRef="USD">12000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1091" unitRef="USD">19000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable>
  <mbi:PaymentsForDeconsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1092" unitRef="USD">0</mbi:PaymentsForDeconsolidationOfVariableInterestEntity>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember" decimals="-6" id="ID_1093" unitRef="USD">8000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1094" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <mbi:ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1095">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:102pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;% of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Geographic Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;California&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Illinois&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New York&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Puerto Rico&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;New Jersey&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Texas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Hawaii&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Virginia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Florida&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.5%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Oregon&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.8%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Subtotal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;58.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;127.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;53.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Nationally Diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other states&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;92.6%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally Diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Country specific&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.7%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.9%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;235.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100.0%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_OtherCreditDerivativesMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1096" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1097" unitRef="USD">13000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1098" unitRef="USD">124000000</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1099" unitRef="USD">105000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1100" unitRef="USD">21000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1101" unitRef="USD">765000000</us-gaap:MediumTermNotes>
  <us-gaap:DirectPremiumsEarned contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1102" unitRef="USD">379000000</us-gaap:DirectPremiumsEarned>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_DebtSecurityAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1103" unitRef="USD">175000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1104" unitRef="USD">303000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <mbi:AssetsAndLiabilitiesHeldForSaleTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1105">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:105pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:105pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;466&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Premiums receivable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;267&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(270)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;555&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities &lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;     Total liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;346&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:AssetsAndLiabilitiesHeldForSaleTableTextBlock>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1106" unitRef="pure">0.58</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1107" unitRef="USD">169000000</us-gaap:Revenues>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1108" unitRef="USD">107000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1109" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_1110" unitRef="USD">14939000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_1111" unitRef="shares">118930282</us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1112" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1113" unitRef="USD">-49000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1114" unitRef="USD">853000000</us-gaap:Revenues>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1115" unitRef="USD">1000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1116" unitRef="USD">263000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1117" unitRef="USD">79000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1118" unitRef="USD">-405000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1119" unitRef="USD">5000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="-6" id="ID_1120" unitRef="USD">111000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1121" unitRef="USD">28000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1122" unitRef="USD">3743000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1123">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 9: Derivative Instruments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s derivative exposure within its U.S. public finance insurance operations primarily consists of insured interest rate and inflation-linked swaps related to insured U.S. public finance debt issues.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; These derivatives do not qualify for the financial guarantee scope exception&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and are accounted for as derivative instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Corporate&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s primarily consisting of interest rate swaps to&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; manage&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the risks a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ssociated with fluctuations in interest rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; affecting the value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of certain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; assets and liabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;na&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;and S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;has &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to provide &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;financial guarantee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; insurance to structured finance transactions that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;do not qualify for the financial guarantee scope exception and, therefore, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;accounted for as derivative&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. These insured CDS contracts, primarily referencing &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CMBS, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are intended to be held for the entire &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;term of the contract &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unless &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;settlement with the counterparty&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is negotiated&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company no longer insures new CDS contracts except for transactions related to the restructuring or reduction of existing derivative exposure. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The Company&amp;#8217;s derivative exposu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re within its international and structured finance insurance segment also includes insured interest rate and inflation-linked swaps related to insured debt issues.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has also entered into a derivative contract as a result of a co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mmutation occurring in 2014. Changes in the fair value of the Company&amp;#8217;s non-insured derivative are included in &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; on the Company&amp;#8217;s consolidated statements of operations. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Variabl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;e Interest Entities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIEs consolidated by the Company have entered into derivative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s consisting of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cross currency swaps&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Cross currency swaps are entered into to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;manage&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the variability in cash flows resulting from fluctuations in foreign currency &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; present information about credit derivatives sold by the Company&amp;#8217;s insurance operations that were outstanding as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Credit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; ratings represent the lower of underlying ratings assigned &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to the collateral &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Moody&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, S&amp;amp;P or MBIA.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:17.25pt;' &gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:429.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:429.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:44.25pt;' &gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.0 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15.5 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,818&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,818&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,928&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:16.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:434.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt; As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:52.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3.8 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;473&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15.7 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;137&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,035&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps - held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14.3 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;137&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,261&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;493&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,043&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(66)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Internal credit ratings assigned by MBIA on the underlying collateral are derived b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ill&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ign&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ue&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;el&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ubli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iew&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;whe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ap&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ys&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;id&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;po&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ia&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;un&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insured credit default &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sw&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aps and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ch&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rse &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rd &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instrument&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ub&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;B&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;k&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ym&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oun&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ig&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Counterparty Credit Risk&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company manages counterparty credit risk on an individual counterparty&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; basis through master netting agreements covering derivative instruments in the corporate segment. These agreements allow the Company to contractually net amounts due from a counterparty with those amounts due to such counterparty when certain triggering e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vents occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require assignment or termination in the event either MBIA or the counterparty is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; downgraded below a specified credit rating.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under these agreements, the Company may receive or provide cash, U.S. Treasury or other highly rated securities to secure counterparties&amp;#8217; exposure to the Company or its exposure to counterparties, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Such collateral is available to the holder to pay for replacing the counterparty in the event that the counterparty defaults. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company did not hold &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or post &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cash collateral to derivative counterparties. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative counterparties of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million is included within &amp;#8220;Other liabilities&amp;#8221; as cash coll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ateral netted against accrued interest on derivative liabilities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company had securities with a fair value of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;237&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;276&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; posted to deriva&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tive counterparties and th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; amount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; included within &amp;#8220;Fixed-maturity securities held as available-for-sale, at fair value&amp;#8221; on the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;consolidated balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair value on one Credit Support Annex (&amp;#8220;CSA&amp;#8221;) was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. This CSA governs collateral posting requirements between MBIA and its derivative counterparties&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The Company did not receive collateral due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;to the Company&amp;#8217;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the counterpart&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y was rated A1 by Moody&amp;#8217;s and A by S&amp;amp;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;P.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Financial Statement Presentation&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of amounts recognized for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;accordance with accounting guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDS and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;aster netting agreements.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Counterparty netting of derivative assets and liabilities offsets balances in &amp;#8220;Interest rate swaps&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, when applicable.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the total fair value of the Company&amp;#8217;s derivative assets and liabilities by instrume&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt and balance sheet location, before counterparty netting and posting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cash collateral, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;747&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(193)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;305&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(269)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.6pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the total fair value of the Company&amp;#8217;s derivat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ive assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,035&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps - held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,062&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;376&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,675&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(316)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;able&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ct&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olida&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ope&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Derivatives Not Designated as&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:111pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Hedging Instruments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Location of Gain (Loss) Recognized in Income on Derivative&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Unrealized gains (losses) on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Realized gains (losses) and other settlements on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(51)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Interest rate swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:27.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_EuropeExcludingUnitedKingdomMember" decimals="-6" id="ID_1124" unitRef="USD">4000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:DebtDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1125">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 10: Debt&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Long-Term Debt&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s long-term debt consists of notes and debentures &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;including accrued interest&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:113.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:113.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.400% Senior Notes due 2022&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;266&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.000% Debentures due 2025&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.150% Debentures due 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.625% Debentures due 2028&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.700% Senior Notes due 2034&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Surplus Notes due 2033&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;624&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;506&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Debt issuance costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Callable on or after August 15, 2006 at par.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Callable anytime at the greater of par or the present value of the remaining scheduled&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;          payments of principal and interest.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Contractual interest rate is based on three month LIBOR plus 11.26%.  &lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uring &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National purchased from MBIA Inc., &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;129&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million principal amount of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.700&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% Senior Notes due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2034&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that were previously repurchased by MBIA Inc. and had not been retired.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In addition to t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he preceding table&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National owned &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$264 million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;principal amount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.70&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% Senior Notes due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2034&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc., through &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its corporate segment,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owned $13 million &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;surplus notes&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and owned an additional $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;54&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of Senior Notes that were previously repur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;chased but not retired. These amounts are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eliminated on a consolidated basis.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Interest and principal payments on the surplus notes are subject to prior approval by the NYSDFS. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;From the January 15, 2013 interest payment to the present, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;orp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s reques&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ts for approval of the note interest payments have been denied by the NYSDFS.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:12pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;provide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; notice to the Fiscal Agent &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;when it does not make &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a scheduled interest payment. The deferred interest payment will become due on the first business day on or a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fter which MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;obtains approval to make such payment. No interest will accrue on the deferred interest. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The surplus notes were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;callable at par at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the option of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on the fifth anniversary of the date of issuance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are callable at par on J&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anuary 15, 2023 and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;every fifth anniversary thereafter&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and are callable on any other date at par plus a make-whole amount, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;subject to prior approval by the Superintendent and other restrictions. The cash received from the issuance of surplus notes was used&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The aggregate maturities of principal payments of long-term debt obligations in each of the next five years ending December 31, and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; thereafter, are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;308&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;573&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Surplus Notes due 2033&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total debt obligations due&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;265&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,248&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,513&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:12pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ertain investment agreements provide for early termination&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, including, in some cases, with make-whole payments, upon certain contingent events including the bankruptcy of MBIA Inc. or t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he commencement of an insolvency proceeding with respect to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Corp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Upon the occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;All of the investment ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reements have been collateralized in accordance with the contractual terms.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the annual interest rates on &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;these agreements range&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4.74&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.88&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.75&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the annual interest rates on these agreements ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;4.48&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.89&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.66&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. Expected principal payments due under these investment agreements in each of the next five years ending December&amp;#160;31 and thereafter, based upon contractual maturity dates&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2037)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;393&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts net of carrying amount adjustments of $61 million, net of accrued interest of $5 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Medium-Term Notes&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;MTNs are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;denominated in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U.S. dollars &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; foreign currencies &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and accrue interest based on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; fixed or floating interest rates. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Certain &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs are measured at fair value in accordance with the accounting guidance for hybrid financial &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;instruments.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the interest ra&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tes of the MTNs ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.00&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.90&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the interest rates of the MT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Ns ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.00&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.43&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company repurchased $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;160&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million par value outstanding at a cost of approximately &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;84&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of par value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MTNs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; issued by the Company&amp;#8217;s corporate segment. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Expected principal payments due under MTN obligations based on their contractual maturity dates are as follows:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2036)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;847&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,065&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;765&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:93pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for notes issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.15pt;' &gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts net of carrying amount adjustments and embedded derivatives of $240 million, fair value adjustments of $65 million, net of accrued interest of $5 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Variable Interest Entit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;y Notes &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;VIE notes are variable interest rate debt instruments&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that were issued primarily &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in U.S. dollars by consolidated VIEs within the Company&amp;#8217;s international &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and structured finance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;insurance&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; segment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;These &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes consist of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;debt instruments issued by issuer-sponsored consolidated VIEs collateralized by assets held by those consolidated VIEs.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or VIE notes not accounted for at fair value, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contractual &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rates ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.85&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14.00&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6.01&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;or VIE notes not accounted for at fair value, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contractual &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rates ranged from &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.07&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.77&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% and the weighted average interest rate was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In connection with the Zohar II Claim in January of 2017, MBIA Corp. entered into the Facility. The initial outstanding principal amount of the Facility was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;366&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, of which, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;38&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of subordinated financing was provided by MBIA Inc. and eliminated in consolidation. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the consolidated outstanding amount of the Facility was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;330&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. Under the Facil&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ity, MBIA Inc. has agreed to provide an additional $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million subordinated financing to MZ Funding, which MZ Funding would then lend to MBIA Corp., if needed by MBIA Insurance Corporation for liquidity purposes. The Facility is secured by a first priority&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; security interest in all of MBIA Corp.&amp;#8217;s right, title and interest in the recovery of its claims from the assets of Zohar I and Zohar II which include, among other things, loans made to, and equity interests in, companies purportedly controlled by the Zoh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ar Sponsor and any claims that the Company may have against the Zohar Sponsor. MBIA Corp. was obligated to pay a commitment fee of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for this facility. The Facility matures on January 20, 2020 and bears interest at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%&amp;#160;per annum. If funds receive&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d from MBIA Corp. under the Facility are insufficient to pay interest on interest payment dates, MZ Funding may elect to pay interest in kind, which increases the outstanding principal amount.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The maturity of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company&amp;#8217;s international and structured fina&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce insurance segment&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;VIE notes, as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;485&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;132&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2052)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,206&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,289&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:303pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:303pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2017.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DebtDisclosureTextBlock>
  <mbi:ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1126">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Maturity date:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Thereafter (through 2037)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expected principal payments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;393&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less discount and other adjustments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;56&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2)- Includes discounts net of carrying amount adjustments of $61 million, net of accrued interest of $5 million.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1127" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1128" unitRef="USD">-69000000</us-gaap:Revenues>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1129" unitRef="USD">13000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <mbi:SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1130">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:144.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Direct&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;205&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;305&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;379&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assumed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;207&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;307&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;201&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;372&lt;/font&gt;&lt;/td&gt;&lt;td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentyMember" decimals="-6" id="ID_1131" unitRef="USD">452000000</us-gaap:UnearnedPremiums>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1132" unitRef="USD">106000000</us-gaap:OperatingExpenses>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" id="ID_1133">P3Y4M24D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:DeferredTaxLiabilitiesInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1134" unitRef="USD">11000000</us-gaap:DeferredTaxLiabilitiesInvestments>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1135" unitRef="USD">37000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1136" unitRef="USD">0</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_1137">P3Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1138" unitRef="USD">54000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1139" unitRef="USD">-3000000</us-gaap:NetIncomeLoss>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1140" unitRef="USD">2256000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1141" unitRef="USD">300000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1142" unitRef="USD">24000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1143" unitRef="USD">3000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1144" unitRef="USD">9000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1145" unitRef="USD">2424000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_1146" unitRef="USD">9000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1147" unitRef="USD">975000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_1148" unitRef="USD">0</us-gaap:Investments>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_1149" unitRef="shares">481636</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1150" unitRef="USD">9000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_1151" unitRef="USD">3000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1152" unitRef="USD">4000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_1153" unitRef="shares">39906899</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1154" unitRef="USD">37000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="0" id="ID_1155" unitRef="shares">6207299</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant>
  <mbi:LossPaymentsForCasesWithReserves contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1156" unitRef="USD">-1069000000</mbi:LossPaymentsForCasesWithReserves>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1157" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:ExpensesOfConsolidatedVies contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1158" unitRef="USD">52000000</mbi:ExpensesOfConsolidatedVies>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1159" unitRef="USD">148000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1160" unitRef="USD">130000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1161" unitRef="USD">4000000</us-gaap:IncomeTaxesPaidNet>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1162" unitRef="USD">6000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1163" unitRef="USD">511000000</mbi:InsuranceLossRecoverable>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1164" unitRef="USD">-131000000</us-gaap:Revenues>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1165" unitRef="USD">-5000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <us-gaap:EarningsPerShareBasic contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="2" id="ID_1166" unitRef="USDPerShare">1.06</us-gaap:EarningsPerShareBasic>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1167" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1168" unitRef="USD">21000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1169" unitRef="USD">12000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1170" unitRef="USD">123000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1171" unitRef="USD">0</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1172" unitRef="USD">346000000</us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation>
  <us-gaap:OperatingLeasesFutureMinimumPaymentsDue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1173" unitRef="USD">36000000</us-gaap:OperatingLeasesFutureMinimumPaymentsDue>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_1174" unitRef="USD">180000000</us-gaap:NetIncomeLoss>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1175" unitRef="USD">2000000</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1176" unitRef="USD">390000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember" decimals="-6" id="ID_1177" unitRef="USD">752000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnrealizedGainLossOnDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1178" unitRef="USD">145000000</us-gaap:UnrealizedGainLossOnDerivatives>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1179" unitRef="USD">-2000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1180" unitRef="USD">840000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_1181" unitRef="pure">0.008</mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment>
  <us-gaap:ReinsurancePayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember" decimals="-6" id="ID_1182" unitRef="USD">6000000</us-gaap:ReinsurancePayable>
  <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1183" unitRef="USD">-3000000</us-gaap:ProceedsFromPaymentsForOtherFinancingActivities>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1184" unitRef="USD">21000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1185" unitRef="USD">1000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1186" unitRef="USD">16000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_1187" unitRef="USD">-82000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_1188" unitRef="USD">0</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1189" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1190" unitRef="USD">8000000</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1191" unitRef="USD">1000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1192" unitRef="USD">22000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1193" unitRef="USD">-67000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1194" unitRef="USD">85000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_1195" unitRef="USDPerShare">8.8012</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1196" unitRef="USD">-1496000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_1197" unitRef="USD">3000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember" decimals="-6" id="ID_1198" unitRef="USD">223000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1199" unitRef="USD">8481000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1200" unitRef="USD">24000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1201" unitRef="USD">78000000</mbi:FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1202" unitRef="USD">1000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1203" unitRef="USD">20000000</invest:DerivativeNotionalAmount>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1204" unitRef="USD">1206000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1205" unitRef="USD">-268000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1206" unitRef="USD">2234000000</us-gaap:RepaymentsOfNotesPayable>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1207" unitRef="USD">130000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1208" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1209" unitRef="USD">15000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1210" unitRef="USD">4000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1211" unitRef="USD">-371000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1212" unitRef="USD">59000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1213" unitRef="USD">155000000</us-gaap:InterestPaidNet>
  <us-gaap:PaymentsToAcquirePropertyPlantAndEquipment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1214" unitRef="USD">1000000</us-gaap:PaymentsToAcquirePropertyPlantAndEquipment>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1215" unitRef="USD">-1000000</us-gaap:CededPremiumsWritten>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1216" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <us-gaap:SellingGeneralAndAdministrativeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1217" unitRef="USD">177000000</us-gaap:SellingGeneralAndAdministrativeExpense>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1218" unitRef="USD">32000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_RecoveryRatesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1219" unitRef="pure">0.25</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1220" unitRef="USD">120000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1221" unitRef="USD">146000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:InsuranceRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1222" unitRef="USD">4000000</us-gaap:InsuranceRecoveries>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_1223" unitRef="USD">63000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1224" unitRef="USD">2000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1225" unitRef="USD">54000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <us-gaap:AssumedPremiumsWritten contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1226" unitRef="USD">0</us-gaap:AssumedPremiumsWritten>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1227" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1228" unitRef="USD">10000000</us-gaap:OperatingExpenses>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1229" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:RevenueRecognitionPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1230">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Fee and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' &gt;Reimbursement Revenue Recognition&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company collects insurance related fees for services performed in connection with certain transactions. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Depending upon the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and conse&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;termination fees are earned when the related services are completed and the fee is received. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:RevenueRecognitionPolicyTextBlock>
  <mbi:RevenuesOfConsolidatedVies contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1231" unitRef="USD">31000000</mbi:RevenuesOfConsolidatedVies>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1232" unitRef="USD">-4000000</us-gaap:NetIncomeLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1233" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1234" unitRef="USD">4000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1235" unitRef="USD">1117000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:DeferredTaxAssetsGross contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1236" unitRef="USD">930000000</us-gaap:DeferredTaxAssetsGross>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1237" unitRef="USD">225000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1238" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandTwentySixMember" decimals="-6" id="ID_1239" unitRef="USD">195000000</us-gaap:UnearnedPremiums>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1240" unitRef="USD">328000000</us-gaap:ProceedsFromNotesPayable>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1241" unitRef="USD">-7000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1242" unitRef="USD">-5000000</us-gaap:OtherIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1243" unitRef="USD">-158000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1244" unitRef="USD">945000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFiftyPercentMember" decimals="-6" id="ID_1245" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1246" unitRef="USD">125000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1247" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1248" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember" decimals="-6" id="ID_1249" unitRef="USD">27000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1250" unitRef="USD">98000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_IncomeStatementLocationAxis_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" decimals="-6" id="ID_1251" unitRef="USD">8000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1252" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1253" unitRef="USD">152000000</us-gaap:NetInvestmentIncome>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1254" unitRef="USD">516000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1255" unitRef="USD">-82000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1256" unitRef="USD">84000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1257" unitRef="USD">10000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1258" unitRef="USD">409000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_1259" unitRef="USD">73000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1260" unitRef="USD">11000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1261" unitRef="USD">198000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1262">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercised&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(200,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,050,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.4722&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Expired or forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37,800)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65.5624&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37,500)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57.5100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(222,700)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59.2118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercisable at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_1263" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1264" unitRef="USD">0</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <mbi:PercentageOfFairValueBelowBookValueMinimum contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFivePercentToFifteenPercentMember" decimals="2" id="ID_1265" unitRef="pure">0.05</mbi:PercentageOfFairValueBelowBookValueMinimum>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_1266" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_1267" unitRef="USD">11000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1268" unitRef="USD">201000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1269" unitRef="USD">-93000000</us-gaap:NetIncomeLoss>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1270" unitRef="USD">14000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1271" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:ProceedsFromPaymentsForOtherFinancingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1272" unitRef="USD">0</us-gaap:ProceedsFromPaymentsForOtherFinancingActivities>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1273" unitRef="USD">107000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_1274" unitRef="pure">0</mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1275" unitRef="USD">-51000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" id="ID_1276">P7Y4M24D</us-gaap:InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1277" unitRef="USD">67000000</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1278" unitRef="USD">114000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1279" unitRef="USD">10000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten>
  <us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1280">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:6pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:89.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:89.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:90pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferral of cancellation of indebtedness income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred acquisition costs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized gains in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Partnership basis difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Basis difference in foreign subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred taxes on VIEs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;160&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred tax assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Compensation and employee benefits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accrued interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;131&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;177&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loss and loss adjustment expense reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net operating loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;582&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign tax credits&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses on insured derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net unrealized losses in accumulated other comprehensive income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Alternative minimum tax credit carryforward&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total gross deferred tax assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;930&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,339&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Valuation allowance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net deferred tax asset&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;970&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:81.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1281" unitRef="USD">425000000</us-gaap:Revenues>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1282" unitRef="USD">5265000000</us-gaap:Assets>
  <us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1283" unitRef="USD">259000000</us-gaap:ProceedsFromSaleAndCollectionOfLoansReceivable>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1284" unitRef="USD">106000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1285" unitRef="USD">6000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1286" unitRef="USD">101000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_1287" unitRef="USD">-108000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1288" unitRef="USD">7000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1289" unitRef="USD">9000000</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1290" unitRef="USD">-1000000</mbi:IncreaseDecreaseInLossAdjustmentExpenseRecoveries>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1291" unitRef="USD">-6000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1292" unitRef="USD">5000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1293" unitRef="USD">1000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1294" unitRef="USD">10000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable>
  <us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1295" unitRef="USD">5000000</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1296" unitRef="USD">0</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1297" unitRef="USD">5756000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1298" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_1299" unitRef="pure">-0.33</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1300" unitRef="USD">577000000</mbi:InsuranceLossRecoverable>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember" decimals="-6" id="ID_1301" unitRef="USD">1321000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1302" unitRef="USD">11000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1303" unitRef="USD">606000000</us-gaap:NetIncomeLoss>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1304" unitRef="USD">95000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1305" unitRef="USD">107000000</us-gaap:PremiumsEarnedNetFinancialGuaranteeInsuranceContracts>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1306" unitRef="USD">0</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:DeferredIncomeTaxLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1307" unitRef="USD">160000000</us-gaap:DeferredIncomeTaxLiabilities>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1308" unitRef="USD">423000000</us-gaap:Revenues>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentAssetsMember" decimals="-6" id="ID_1309" unitRef="USD">19000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_1310" unitRef="USD">104000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1311" unitRef="USD">965000000</us-gaap:IncomeTaxExpenseBenefitIntraperiodTaxAllocation>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" decimals="-6" id="ID_1312" unitRef="USD">121000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1313" unitRef="USD">124000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1314" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1315" unitRef="USD">43000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_1316" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember_us-gaap_RangeAxis_us-gaap_MinimumMember" id="ID_1317">P7Y0M0D</us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-8" id="ID_1318" unitRef="USD">1100000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:DebtInstrumentRepurchaseAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1319" unitRef="USD">160000000</us-gaap:DebtInstrumentRepurchaseAmount>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1320" unitRef="USD">2000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1321" unitRef="USD">303000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:FeesAndCommissionsOther contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1322" unitRef="USD">1000000</us-gaap:FeesAndCommissionsOther>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_1323" unitRef="USD">-8000000</us-gaap:NetIncomeLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1324" unitRef="USD">71000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1325" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1326" unitRef="USD">-407000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1327" unitRef="USD">1818000000</invest:DerivativeNotionalAmount>
  <us-gaap:AllocatedShareBasedCompensationExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1328" unitRef="USD">10000000</us-gaap:AllocatedShareBasedCompensationExpense>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1329" unitRef="USD">551000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_1330" unitRef="USD">6000000</us-gaap:CededPremiumsEarned>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_1331" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherLocationsMember" decimals="-6" id="ID_1332" unitRef="USD">4000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1333" unitRef="USD">110000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1334" unitRef="USD">-41000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_ProductOrServiceAxis_us-gaap_FinancialGuaranteeInsuranceSegmentMember" decimals="-6" id="ID_1335" unitRef="USD">9000000</us-gaap:CededPremiumsEarned>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_1336" unitRef="shares">650000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod>
  <mbi:InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1337">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage of Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Below Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 5% to 15%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 15% to 25%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 25% to 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1338" unitRef="USD">-1000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1339" unitRef="USD">8000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1340" unitRef="USD">40000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate>
  <us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1341" unitRef="USD">21000000</us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1342" unitRef="USD">-282000000</us-gaap:OtherIncome>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" id="ID_1343">P5Y0M0D</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1344" unitRef="USD">304000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1345" unitRef="USD">8000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1346" unitRef="USD">12000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1347" unitRef="USD">171000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1348" unitRef="USD">1799000000</us-gaap:ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyCorpMember" decimals="-6" id="ID_1349" unitRef="USD">3000000</us-gaap:ReinsuranceRecoverables>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1350" unitRef="USD">300000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_1351" unitRef="USD">1679000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1352" unitRef="USD">3000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1353" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1354" unitRef="USD">7000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1355" unitRef="USD">386000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1356" unitRef="USD">385000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_OtherReinsurersMember" decimals="-6" id="ID_1357" unitRef="USD">3000000</mbi:ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1358" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1359" unitRef="USD">5000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <mbi:UndiscountedFuturePremiumsByPeriodTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1360">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Expected&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collection of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Premiums&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Three months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;March 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;June 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;September 30, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2018&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Twelve months ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2020&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2021&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2022&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.1pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Five years ending:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2027&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;120&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2032&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;December 31, 2037 and thereafter&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;81&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;446&lt;/font&gt;&lt;/td&gt;&lt;td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:UndiscountedFuturePremiumsByPeriodTableTextBlock>
  <us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_1361" unitRef="shares">0</us-gaap:IncrementalCommonSharesAttributableToShareBasedPaymentArrangements>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1362" unitRef="USD">17000000</us-gaap:OtherIncome>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_1363" unitRef="pure">0.012</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_1364" unitRef="shares">-272026</us-gaap:StockIssuedDuringPeriodSharesShareBasedCompensation>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1365" unitRef="USD">58000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1366" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember_us-gaap_StatementScenarioAxis_mbi_AfterAmendmentMember" decimals="INF" id="ID_1367" unitRef="shares">1.28</mbi:SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1368" unitRef="USD">32000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:CurrentStateAndLocalTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1369" unitRef="USD">1000000</us-gaap:CurrentStateAndLocalTaxExpenseBenefit>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_1370" unitRef="USD">21000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1371" unitRef="USD">1000000</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1372" unitRef="USD">33000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate>
  <us-gaap:InvestmentPolicyTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1373">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company classifies its investments as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;available-for-sale (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, held-to-maturity&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; (&amp;#8220;HTM&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or trading. A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;FS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(&amp;#8220;AOCI&amp;#8221;) &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in shareholders&amp;#8217; equity. Investments &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;carried at fair value are reported in the consolidated balance sheets &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at fair value &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and changes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in fair value and r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ealized gains and losses from the sale of these securities are reflected in earnings as part of &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221; Investments carried at fair value consist of certain investments elected under&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the fair value option&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Short-term investments held as AFS include all fixed-maturity securities with a remaining maturity of less than one year at &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;date of purchase, commercial paper and money market securities. HT&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;M investments are reported in the consolidated balance sheets at amortized cost.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;D&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ebt securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are classified as HTM investments when &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Company has the ability and intent to hold such investments to maturity.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Investment income is recorded as earned.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd discounts and premiums are amortized using the effective yield method over the remaining term of the securities&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and reported in &amp;#8220;Net investment income.&amp;#8221;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;mortgage-backed securities (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;asset-backed securities (&amp;#8220;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;BS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;),&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; discounts and premiums are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amortized using the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;retrospective &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;method&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments on Investment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;s&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s consolidated sta&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tements of operations reflect the full impairment (the difference between a security&amp;#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f the amortized cost basis. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss component of the impairme&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt is recognized in earnings. For &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, the remaining fair value loss is recognized in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of applicable deferred income taxes.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;HTM&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities for which the fair value is less than amortized cost are reviewed no less t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;han quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, includi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ng but not limited to (a)&amp;#160;the magnitude and duration of the decline, (b)&amp;#160;credit indicators and&amp;#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in credit spreads, and t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he financial condition of the issuer, and (c)&amp;#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ABS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;collateralized debt obligations (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;CDOs&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are assessed using disc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ounted cash flow modeling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:InvestmentPolicyTextBlock>
  <us-gaap:DirectPremiumsWritten contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1374" unitRef="USD">11000000</us-gaap:DirectPremiumsWritten>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_1375" unitRef="USD">337000000</us-gaap:LongTermDebt>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="0" id="ID_1376" unitRef="Policies">5</mbi:NumberOfPolicies>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1377" unitRef="USD">41000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_1378" unitRef="USD">16000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1379" unitRef="USD">47000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1380" unitRef="USD">307000000</mbi:GrossPremiumEarnedFinancialGuaranteeInsuranceContracts>
  <mbi:OutstandingBonds contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_AssuredGuarantyCorpMember_us-gaap_MajorCustomersAxis_mbi_Zohar2Member" decimals="-6" id="ID_1381" unitRef="USD">347000000</mbi:OutstandingBonds>
  <us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1382">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:243.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total premiums earned:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;169&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;238&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;310&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;United Kingdom&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Europe (excluding United Kingdom)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Internationally diversified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other Americas&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asia&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;202&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;304&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;385&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1383" unitRef="USD">132000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1384" unitRef="USD">-125000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1385" unitRef="USD">-417000000</us-gaap:NetIncomeLoss>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_1386" unitRef="USD">2000000</us-gaap:AvailableForSaleSecurities>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1387" unitRef="USD">-24000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1388" unitRef="USD">-178000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:CurrentForeignTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1389" unitRef="USD">0</us-gaap:CurrentForeignTaxExpenseBenefit>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1390" unitRef="USD">-115000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived>
  <mbi:DebtInstrumentRepurchasedPercentOfParValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_1391" unitRef="pure">0.84</mbi:DebtInstrumentRepurchasedPercentOfParValue>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1392" unitRef="USD">183000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1393" unitRef="USD">7000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1394" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1395" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <mbi:ProceedsFromReinsuranceAndRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1396" unitRef="USD">99000000</mbi:ProceedsFromReinsuranceAndRecoveries>
  <us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1397" unitRef="USD">5000000</us-gaap:StockIssuedDuringPeriodValueShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_1398" unitRef="USD">5000000</us-gaap:StockIssuedDuringPeriodValueRestrictedStockAwardGross>
  <mbi:ProceedsFromConsolidationOfVariableInterestEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1399" unitRef="USD">7000000</mbi:ProceedsFromConsolidationOfVariableInterestEntity>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1400" unitRef="USD">0</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1401" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1402" unitRef="USD">556000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1403" unitRef="USD">-5000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <us-gaap:IncreaseDecreaseInUnearnedPremiums contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_1404" unitRef="USD">30000000</us-gaap:IncreaseDecreaseInUnearnedPremiums>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1405" unitRef="USD">84000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1406" unitRef="USD">2000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1407" unitRef="USD">6000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1408" unitRef="USD">0</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1409" unitRef="USD">180000000</us-gaap:NetIncomeLoss>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1410" unitRef="USD">2000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1411" unitRef="USD">12000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1412" unitRef="USD">9000000</us-gaap:AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1413" unitRef="USD">1204000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember" decimals="-6" id="ID_1414" unitRef="USD">-270000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1415" unitRef="USD">-14000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1416" unitRef="USD">-22000000</us-gaap:IncreaseDecreaseInDeferredPolicyAcquisitionCosts>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1417" unitRef="USD">23000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1418" unitRef="USD">3000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1419" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:TreasuryStockValueAcquiredCostMethod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1420" unitRef="USD">325000000</us-gaap:TreasuryStockValueAcquiredCostMethod>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_IncomeStatementLocationAxis_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" decimals="-6" id="ID_1421" unitRef="USD">3000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1422" unitRef="USD">64000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1423" unitRef="USD">-19000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1424" unitRef="USD">291000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:CommonStockCapitalSharesReservedForFutureIssuance contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="0" id="ID_1425" unitRef="shares">14000000</us-gaap:CommonStockCapitalSharesReservedForFutureIssuance>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1426" unitRef="USD">30000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" decimals="-6" id="ID_1427" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1428" unitRef="USD">2000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="4" id="ID_1429" unitRef="pure">0.32</mbi:FairValueMeasurementRangePercentage>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1430" unitRef="USD">131000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1431" unitRef="USD">47000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1432" unitRef="USD">7000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1433" unitRef="USD">93000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_1434" unitRef="USD">7000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1435" unitRef="USD">282000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1436" unitRef="USD">27000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_1437" unitRef="USD">478000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_InvestmentsAtFairValueMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember" decimals="-6" id="ID_1438" unitRef="USD">182000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1439" unitRef="USD">7000000</us-gaap:CededPremiumsEarned>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" decimals="-6" id="ID_1440" unitRef="USD">-40000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_1441" unitRef="USD">3000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1442" unitRef="USD">27000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1443" unitRef="USD">11000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1444" unitRef="USD">10000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1445" unitRef="USD">-35000000</us-gaap:IncomeTaxEffectsAllocatedDirectlyToEquity>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1446" unitRef="USD">555000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_1447" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" decimals="-6" id="ID_1448" unitRef="USD">-146000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1449" unitRef="USD">84000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncreaseDecreaseInInterestPayableNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1450" unitRef="USD">138000000</us-gaap:IncreaseDecreaseInInterestPayableNet>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1451" unitRef="USD">90000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1452" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1453" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1454" unitRef="USD">-14000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1455" unitRef="USD">9000000</us-gaap:CededPremiumsEarned>
  <us-gaap:DeferredForeignIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1456" unitRef="USD">9000000</us-gaap:DeferredForeignIncomeTaxExpenseBenefit>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1457" unitRef="USD">132000000</us-gaap:BenefitsLossesAndExpenses>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1458" unitRef="USD">5000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries>
  <mbi:FeesAndReimbursements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1459" unitRef="USD">15000000</mbi:FeesAndReimbursements>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1460" unitRef="USD">-5000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract>
  <us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1461">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Current taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred taxes:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Federal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;945&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;944&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income taxes charged (credited) to shareholders&amp;#39; equity related to:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in unrealized gains (losses) on AFS securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in AFS securities with OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Change in foreign currency translation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Share-based compensation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total income taxes charged (credited) to shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(35)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total effect of income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;965&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;74&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_InvestmentsMember" decimals="-6" id="ID_1462" unitRef="USD">466000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1463" unitRef="USD">-51000000</mbi:RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives>
  <mbi:FairValueDisclosureWeightedAverageInYears contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_WeightedAverageLifeMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="1" id="ID_1464" unitRef="myYears">1.3</mbi:FairValueDisclosureWeightedAverageInYears>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1465" unitRef="USD">27000000</us-gaap:NetInvestmentIncome>
  <us-gaap:PaymentsForLossesAndLossAdjustmentExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1466" unitRef="USD">238000000</us-gaap:PaymentsForLossesAndLossAdjustmentExpense>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_IncomeStatementLocationAxis_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" decimals="-6" id="ID_1467" unitRef="USD">157000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1468" unitRef="USD">220000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1469">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Gains (Losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;on AFS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Foreign Currency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Translation, Net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, January 1, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:5.25pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(55)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(56)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(26)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(82)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(39)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(61)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(95)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(68)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(95)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(67)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(134)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3.75pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other comprehensive income (loss) before reclassifications&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Amounts reclassified from AOCI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net period other comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;125&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Balance, December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:337.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:337.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18.6pt;' &gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:510pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:510pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes items included in the Company&amp;#39;s loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1470" unitRef="USD">370000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1471" unitRef="USD">17000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_1472" unitRef="pure">0</mbi:PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet>
  <us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_1473" unitRef="pure">0.001</us-gaap:EffectiveIncomeTaxRateReconciliationOtherAdjustments>
  <us-gaap:DebtInstrumentUnamortizedDiscount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_1474" unitRef="USD">61000000</us-gaap:DebtInstrumentUnamortizedDiscount>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1475" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_1476" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings>
  <us-gaap:IncreaseDecreaseInPremiumsReceivable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1477" unitRef="USD">-50000000</us-gaap:IncreaseDecreaseInPremiumsReceivable>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1478" unitRef="USD">940000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-8" id="ID_1479" unitRef="USD">2100000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1480" unitRef="USD">12000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UpfrontMember" decimals="-6" id="ID_1481" unitRef="USD">105000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" id="ID_1482">P2Y3M18D</us-gaap:EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1483" unitRef="USD">52000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1484" unitRef="USD">564000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:RevenueOtherFinancialServices contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1485" unitRef="USD">480000000</us-gaap:RevenueOtherFinancialServices>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1486" unitRef="USD">1202000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1487" unitRef="USD">21000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1488" unitRef="USD">677000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1489" unitRef="USD">-160000000</us-gaap:BenefitsLossesAndExpenses>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1490" unitRef="USD">42000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1491" unitRef="USD">193000000</us-gaap:FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings>
  <us-gaap:DeferredFederalIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1492" unitRef="USD">97000000</us-gaap:DeferredFederalIncomeTaxExpenseBenefit>
  <mbi:CollectionsForCasesWithRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_1493" unitRef="USD">69000000</mbi:CollectionsForCasesWithRecoveries>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MultiSectorCDOMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_1494" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1495" unitRef="USD">36000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1496" unitRef="USD">89000000</mbi:ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1497" unitRef="USD">34000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate>
  <us-gaap:CededPremiumsEarned contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1498" unitRef="USD">6000000</us-gaap:CededPremiumsEarned>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1499" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_OmnibusPlanMember" decimals="0" id="ID_1500" unitRef="shares">1</mbi:SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" decimals="-6" id="ID_1501" unitRef="USD">17000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_1502" unitRef="USD">-2359000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_InstallmentsMember" decimals="-6" id="ID_1503" unitRef="USD">10000000</us-gaap:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate>
  <us-gaap:GainLossOnDerivativeInstrumentsNetPretax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1504" unitRef="USD">-19000000</us-gaap:GainLossOnDerivativeInstrumentsNetPretax>
  <us-gaap:DerivativeGainLossOnDerivativeNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1505" unitRef="USD">-68000000</us-gaap:DerivativeGainLossOnDerivativeNet>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1506" unitRef="USD">109000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1507">&lt;div&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Loss and Loss Adjustment Expenses&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company recognizes loss reserves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;serve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is subsequently remeasured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are recognized as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense in th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e period of change. Measurement and recognition of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on informat&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion available as of the measurement date, including market information. Accretion of the discount on a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is included in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; expense.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows prese&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nt valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &amp;#8220;Insurance loss recoverable&amp;#8221; on the Company&amp;#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;previous to a claim payment, such recoveries are reclassified to &amp;#8220;Insurance loss recoverable&amp;#8221; upon payment of the related claim and remeasured each reporting period.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss reserve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, insurance loss recoverable, and accruals for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;loss adjustment &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expense (&amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;LAE&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; incurred are disclosed in &amp;#8220;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Note 6: Loss and Loss Adjustment Expense Reserves&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&amp;#8221;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_1508" unitRef="USDPerShare">8.2912</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_1509" unitRef="shares">1051657</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1510" unitRef="USD">-6000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_us-gaap_InvestmentTypeAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1511" unitRef="USD">-14000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1512" unitRef="USD">-69000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1513" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1514" unitRef="USD">42000000</mbi:PaymentsForNetRealizedLossesOnInsuredDerivativesPaid>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1515" unitRef="USD">800000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1516" unitRef="USD">1811000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1517" unitRef="USD">-1000000</us-gaap:IncomeTaxExpenseBenefit>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_UnearnedPremiumRevenueMember_us-gaap_StatementScenarioAxis_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" decimals="-6" id="ID_1518" unitRef="USD">94000000</us-gaap:UnearnedPremiums>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1519" unitRef="USD">13000000</us-gaap:OperatingExpenses>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_1520" unitRef="Issues">144</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_1521" unitRef="USD">-32000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_1522" unitRef="USD">3929000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:CurrentFederalTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1523" unitRef="USD">4000000</us-gaap:CurrentFederalTaxExpenseBenefit>
  <us-gaap:RepaymentsOfMediumTermNotes contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1524" unitRef="USD">118000000</us-gaap:RepaymentsOfMediumTermNotes>
  <us-gaap:BenefitsLossesAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1525" unitRef="USD">183000000</us-gaap:BenefitsLossesAndExpenses>
  <us-gaap:CededPremiumsWritten contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1526" unitRef="USD">1000000</us-gaap:CededPremiumsWritten>
  <us-gaap:PremiumsEarnedNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1527" unitRef="USD">372000000</us-gaap:PremiumsEarnedNet>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_1528" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1529" unitRef="USD">485000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree>
  <mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_1530" unitRef="pure">0.036</mbi:EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1531" unitRef="USD">-39000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1532" unitRef="USD">74000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1533" unitRef="USD">-164000000</mbi:RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity>
  <us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_DebtSecurityAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_InformationByCategoryOfDebtSecurityAxis_mbi_LongTermAvailableForSaleMember" decimals="-6" id="ID_1534" unitRef="USD">66000000</us-gaap:SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" decimals="-6" id="ID_1535" unitRef="USD">0</us-gaap:HeldToMaturitySecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1536" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DeferredRevenueArrangementTypeAxis_mbi_AccretionMember" decimals="-6" id="ID_1537" unitRef="USD">25000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate>
  <mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1538" unitRef="USD">115000000</mbi:FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_1539" unitRef="USD">-4000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1540" unitRef="USD">13000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_GB" decimals="-6" id="ID_1541" unitRef="USD">2000000</mbi:PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_1542" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1543" unitRef="USD">123000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1544" unitRef="USD">0</us-gaap:IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost>
  <us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1545" unitRef="USD">5000000</us-gaap:FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_1546" unitRef="pure">0.35</us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
  <us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1547">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 16: Long-term Incentive Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Plan Description&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company maintains the MBIA Inc. 2005 Omnibus Incentive Plan (the &amp;#8220;Omnibus&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Plan&amp;#8221;), as amended on May 7, 2009 and May 1, 2012. Under the Omnibus Plan a maximum of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;14,000,000&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;shares of the Company&amp;#8217;s common &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;stock can be used for any type of award including stock options, performance shares, performance units, restricted stock, restricted stock units and divide&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd equivalents.  A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ny shares issued under the Omnibus Plan in connection with stock options shall be c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ounted against this limit as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; share covered by such option. For all awards other than stock options, any shares issued shall be counted against this limit as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.28&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares for every share issued after th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e May 1, 2012 amendment and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;two&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares for every share issued prior to the May 1, 2012 amendment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of comm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on stock of the Company or to benefit from appreciation in the price of the common stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the da&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te of the grant. Options granted will either be Incentive Stock Options (&amp;#8220;ISOs&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;qualify under Section&amp;#160;422(a) of the Internal Revenue Code, or Non-Qualified Stock Options (&amp;#8220;NQSOs&amp;#8221;). ISOs and NQSOs are granted at a price not less than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the fair value, defined as the closing price on the grant date, of the Company&amp;#8217;s common stock. Options are exercisable as specified at the time of grant depending on the level of the recipient (generally &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years) and expire either &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;seven&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ten&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years from the date of grant (or shorter if specified or following termination of employment).&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under the restricted stock component of the Omnibus Plan, certain employees are granted restricted shares of th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e Company&amp;#8217;s common stock. These awards have a re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;striction period lasting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years depending on the type of award, after which time the awards fully vest. During the vesting period, these shares may not be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; sold. Restricted stock may be granted to all employees.&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6,207,299&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; shares available for future grants under the Omnibus Plan as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n accordance with accounting guidance for share-based payments, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company expenses the fair value of employee stock options and other forms of stock-based compensation. In addition, the guidance classifies share-based payment awards as either liability awards, which are remeasured at fair value at each balance sheet date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, or equity awards, which are measured on the grant date and not subsequently remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a fixed dollar amount are classified as liability awards, and changes in fair &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;value will be reported in earnings. Awards with net-settlement features or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in fair value are not reported in earnings. The Company&amp;#8217;s long-term incentive pl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ans include features which result in equity awards.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination information to estimate the forfeiture rate applied to current stock-based awards.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Company maintains voluntary retirement benefits&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which provide certain benefits to eligible employees of the Company upon retirement. A description of these benefits is included in the Company&amp;#8217;s proxy statement.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; One of the components of the retirement pro&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;gram for those employees that are retirement eligible is to continue to vest all &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;performance-based&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock options and restricted share awards beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ti&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;me-based stock options and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;restricted share grants. The accounting guidance for share-based payment requires compensation costs for those employees to be recognized from the date of grant through the retirement eligible date&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Accelerated expense&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, if any,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompensation expense amounts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Restricted Stock&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The fair value of the restricted shares awarded&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, net of cancellations, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;determi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ned on the grant date was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The amount of unearned compensation, net of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimated forfeitures, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, which is expected to be recognized as expense over a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; weighted average period of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years. Unearned compensation is amortized to expense over the appropriate &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;three&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;five&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-year vesting period&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Compensation expense related to the restricted shares, net of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estimated forfeitures, was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;16&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;There was no tax charge related to the restricted share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; awards during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;after consideration of the Company&amp;#8217;s valuation allowance.  &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The tax charge related to the restricted share awards d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;uring &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million respectively. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;A summary of the Company&amp;#8217;s restricted shares outstanding as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and changes during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on those dates, is presented in the following table:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:381pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Restricted Share Activity&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:33.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted Average Price Per Share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,916,661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,727,319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9302&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,358,826&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.0047&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Granted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;708,529&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3740&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;756,381&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2722&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;481,636&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.8012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Vested&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,051,657)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(917,039)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13.6196&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,112,343)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.8988&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,180,555)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.2912&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(650,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.2601&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(800)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0500&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,392,978&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.6142&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,916,661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.3553&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,727,319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.9302&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Stock Options&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;vesting restrictions, are fully transferable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock pri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce volatility.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; there were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; stock option award&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s granted. The Company did not expense deferred tax assets during &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; after consideration of the Company&amp;#8217;s valuation allowance.  During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Company expensed deferred tax assets of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively, related to the stock option awards as a charge through the statements of operations. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ere was no remaining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;unrecognized compensation cost&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and all stock options had vested&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;There were no stock options outstanding as of December 31, 2017.  &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A summary of the Company&amp;#8217;s stock options outstanding as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and changes during the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; on those dates, is presented in the following tables:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Weighted&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Price&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Options&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Per Share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,548,000&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.9888&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercised&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(200,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.0500&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,050,000)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.4722&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Expired or forfeited&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37,800)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65.5624&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(37,500)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57.5100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(222,700)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59.2118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Outstanding at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Exercisable at end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237,800&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14.6689&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,325,300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3703&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Performance Based Awards&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2017, the Company granted 65,287 restricted shares to certain key employees which have a vesting schedule dependent on the achievement of certain stock price targets of the Company and 127,001&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; restricted shares to certain key employees which have a vesting schedule dependent on the achievement of certain internal performance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;conditions&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of the Company. The grants and corresponding compensation expense have been included in the above restr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icted stock disclosures. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As permitted by the accounting guidance for share-based payment&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the Company estimates the fair value of awards that contain market performance conditions at the date of grant using a binomial lattice model with a Monte Carlo simu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and recognizes compensation cost over the requisite service period&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The binomial lattice model can better incorporate assumptions about a stock price path because the model can accommodate a large number of potential stock prices over the award&amp;#8217;s te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm in comparison to the Black-Scholes model.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The Company estimates the fair value of awards that contain internal performance conditions at the date of grant&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and recognizes compensation cost over the requisite service period if it is probable that the inte&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rnal performance conditions &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;will be achieved. The Company reassess&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the probability of ve&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sting at each reporting period and the final com&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pensation cost associated with awards dependent on the achievement &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of certain internal performance conditions will ref&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lect only those awards that ultimately vest.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
  <us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1548" unitRef="USD">6000000</us-gaap:UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1549" unitRef="USD">260000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_1550" unitRef="USD">427000000</us-gaap:Revenues>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="4" id="ID_1551" unitRef="pure">0.0231</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_1552" unitRef="USD">-10000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_1553" unitRef="USD">-9000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:DisposalDate1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" id="ID_1554">2017-01-10</us-gaap:DisposalDate1>
  <mbi:PaymentForSaleOfSubsidiary contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_AssuredGuarantyCorpMember" decimals="-6" id="ID_1555" unitRef="USD">23000000</mbi:PaymentForSaleOfSubsidiary>
  <us-gaap:ProceedsFromIssuanceOfSeniorLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1556" unitRef="USD">325000000</us-gaap:ProceedsFromIssuanceOfSeniorLongTermDebt>
  <us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_1557" unitRef="USD">38000000</us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt>
  <mbi:ClaimPayments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_MajorCustomersAxis_mbi_Zohar2Member" decimals="-6" id="ID_1558" unitRef="USD">770000000</mbi:ClaimPayments>
  <mbi:ClaimPayments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_Zohar2Member" decimals="-6" id="ID_1559" unitRef="USD">60000000</mbi:ClaimPayments>
  <us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_CreditFacilityAxis_mbi_UndrawnMember" decimals="-6" id="ID_1560" unitRef="USD">50000000</us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt>
  <us-gaap:DebtRelatedCommitmentFeesAndDebtIssuanceCosts contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember" decimals="-6" id="ID_1561" unitRef="USD">10000000</us-gaap:DebtRelatedCommitmentFeesAndDebtIssuanceCosts>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_1562">P1Y0M</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_1563">P14Y3M</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1564">P12Y</mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1565" unitRef="USD">407000000</mbi:LoanRepurchaseCommitments>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1566" unitRef="USD">511000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1567" unitRef="USD">979000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1568" unitRef="USD">178000000</mbi:InsuranceLossRecoverable>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1569" unitRef="USD">407000000</mbi:LoanRepurchaseCommitments>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1570" unitRef="USD">467000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1571" unitRef="USD">-1300000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1572" unitRef="USD">-243000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1573" unitRef="USD">32000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1574" unitRef="USD">332000000</us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1575" unitRef="USD">1478000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1576" unitRef="USD">710000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1577" unitRef="USD">407000000</mbi:LoanRepurchaseCommitments>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_1578" unitRef="USD">19000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_1579" unitRef="USD">124000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_1580" unitRef="USD">11000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember" decimals="-6" id="ID_1581" unitRef="USD">49000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1582" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1583" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1584" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1585" unitRef="USD">14000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1586" unitRef="USD">4000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1587" unitRef="USD">14000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1588" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_1589" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1590" unitRef="USD">93000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1591" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1592" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1593" unitRef="USD">0</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_OtherInsurersMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_1594" unitRef="USD">0</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:NumberOfVariableInterestEntitiesConsolidated contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_1595" unitRef="pure">2</mbi:NumberOfVariableInterestEntitiesConsolidated>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1596" unitRef="pure">-0.25</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1597" unitRef="pure">0.35</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1598" unitRef="pure">-0.02</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1599" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1600" unitRef="pure">0.6</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_1601" unitRef="pure">0.36</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:MarketableSecuritiesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1602">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 8: Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Investments, excluding those elected under the fair value option, include debt and equity securities classified as either AFS or HTM. Other AFS investments primarily comprise money market funds. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, corresponding gross unrealized gains and losses and OTTI for AFS and HTM investments in the Company&amp;#8217;s &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;te&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tf&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:339pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:339pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,345&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;840&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(80)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,277&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;365&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:556.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:556.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;909&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,382&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,439&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(102)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,270&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;871&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;862&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;293&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,909&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;517&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;517&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,450&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:545.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:545.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ol&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owin&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;abl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;b&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AFS and HTM f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Con&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;igh&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ob&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;iga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:123pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:123pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Consolidated VIEs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Amortized &lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due in one year or less&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;674&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;674&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after one year through five years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,157&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,159&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after five years through ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;601&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;540&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Due after ten years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,067&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed and asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;757&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;751&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Deposited and Pledged Securities&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;depo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;egu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;au&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ho&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;epo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;law&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Pursuant to the Company&amp;#8217;s tax sharing agreement, securities held by MBIA Inc. in the Tax Escrow Account are included as &amp;#8220;Investments pledged as collateral, at fair value&amp;#8221; on the Company&amp;#8217;s consolidated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;balance sheets.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obligations &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;equ&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ple&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Securities pledged in connection with investment agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may not be repled&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ged by the investment agreement counterparty. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ie&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ledge&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; for these &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;app&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;353&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;llio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;416&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;olla&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ipal&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ea&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ry&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;go&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ag&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and state and municipal bonds&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hel&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;j&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;U&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;S.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ban&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ks.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ddi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;all&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pan&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pledg&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;one&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rk&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;as &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oll&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;de&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;il&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;io&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Impaired Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following tables present the gross unrealized losses related to AFS and HTM investments as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;477&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(77)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(80)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;261&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;617&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,821&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;339&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;357&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;534&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;586&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(102)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;436&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;558&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,872&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(62)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Gross unrealized losses on AFS investments decreased as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;compared with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily due to tightening credit spreads and lower long-term interest rates. Gross unrealized losses on HTM investments decreased as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;compared with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;primarily due to tightening credit spreads. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;With the weighting applied on the fair value of each security relative to the total fair value, the weighted average contractual maturity of securities in &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an unrealized loss position as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;12&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;22&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; years&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, there were &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;133&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;46&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; securities, respectively, that were in an unrealized loss position for a continuous twelve-month period or longer, of which&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, fair&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;24&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;12&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;securities, res&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;pectively, were below book&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; value by more than &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;%.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table presents the distribution of securities in an unrealized loss position for a continuous twelve-month period or longer where fair value was below book value by more than 5% as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;AFS Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:216pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;HTM Securities&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Percentage of Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Number of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Below Book Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (in millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 5% to 15%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;76&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 15% to 25%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 25% to 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&amp;gt; 50%&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;111&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company concluded that it does not have the intent to sell securities in an unrealized loss position and it is more likely &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;than not, that it w&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ould&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash flow projections for its investment portfolios, the potential sources and uses of cash in its businesses&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plans as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that would require the sale of impaired securities. Impaired securities tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t the Company intends to sell before the expected recovery of such securities&amp;#8217; fair values have been written down to fair value.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Other-Than-Temporary Impairments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Evaluating AFS Securities for OTTI&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. This evaluation includes both qualitative and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i) the magnitude and duration of declines in fair value; (ii) the reasons for the decline&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and interest payment priorities within each investment structure&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;; and (iii) any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In calculating credit-related losses, the Company u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s cash flow modeling based on the type of secur&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ity. The Company&amp;#8217;s cash flow analysis considers all sources of cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarantors,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; including MBIA Corp.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and National&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, resulting from an actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, is reflected in the Company&amp;#8217;s cash flow analysis for purposes of assessing an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss on an impaired security.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Each quarter, an internal committee, comprising staff that is independent of the Company&amp;#8217;s evaluation process for determining &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of securit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ies, reviews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&amp;#8217;s process for identifying and calculating &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, including the use of models and assumptions, is reasonable and complies with the C&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ompany&amp;#8217;s internal policy&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Determination of Credit Loss on ABS, MBS and Corporate Obligations&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;ABS investments are evaluated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using historical collateral performance, deal waterfall and structural protections, credit ratings, and forward looking proj&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ections of collateral performance based on business and economic conditions specific to each collateral type and risk. The underlying collateral is evaluated to identify any specific performance concerns, and stress scenarios are considered in forecasting &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimated future cash flows are discounted at the security&amp;#8217;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; effective interest rate used to recognize interest income on the security&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For CDO inv&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;estments, the Company uses the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to the CDO investment level. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;If the present value of cash flows is less than the Company&amp;#8217;s amortized cost for the security, the differe&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nce is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;RMBS investments are evaluated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;several &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;quantitative tools. Loan level data &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;is&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;es macro inputs, including h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ousing price assumptions and interest rates. The vector outputs are used as inputs to a third-party cash flow model, which considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;expected cash flows of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the security are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; then discounted at the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;interest rate used to recognize interest income of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;security&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to arrive at a present value amount&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. If the present value of the cash flows is less than the Company&amp;#8217;s amortized cost for the investment, the difference&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Corporate obligation investments are evaluated for &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; using credit analysis techniques. The Company&amp;#8217;s analysis includes a detailed review of a number of quantitative and qualitative factors impacting the value of an individu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al security. These factors include the interest rate of the security (fixed or floating), the security&amp;#8217;s current market spread, any collateral supporting the security, the security&amp;#8217;s position in the issuer&amp;#8217;s capital structure, and credit rating upgrades or&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market capitalization, earnings, cash flow, capitalization, interest coverage, leverage, liquidity, management and a third-party qua&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntitative &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;default probability model. The Company&amp;#8217;s analysis is augmented by comparing market prices for similar securities of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;other issuers in the same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the Company determines that a principal default is projected, a recovery analysis is performed using the above data. If the Company&amp;#8217;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Du&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ring 2017, certain municipal bonds had liquidity concerns, recent credit downgrades and other adverse financial conditions. As a result, the Company placed these bonds on a non-accrual basis and recognized an OTTI loss for the difference between its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amor&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tized cost and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. This OTTI loss was &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;included in &amp;#8220;Investment losses related to other-than-temporary impairments&amp;#8221; on the Company&amp;#8217;s consolidated statement of operations.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Determination of Credit Loss &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt;Guaranteed by the Company on Other Third-Party Guarantors&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company does not recognize OTTI on securities insured by MBIA Corp. and National since those securities, whether or not owned by the Company, are evaluated for impairments in accordance with its loss reserving policy. Refer to &amp;#8220;Note 2: Significant Accounting Policies&amp;#8221; included herein for information about the Company&amp;#8217;s loss reserving policy and &amp;#8220;Note 6: Loss and Loss Adjustment Expenses Reserves&amp;#8221; for information about loss reserves.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;line-height:12pt;' &gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The following table provides information about securities held by the Company as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;that&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were in an unrealized loss position and insured by a financial guarantor, along with the amount of insurance loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;reserves corresponding to the pa&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r amount owned by the Company:&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:79.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Loss&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Reserve &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;MBIA&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;93&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(7)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.75pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes investments insured by MBIA Corp. and National.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;Credit Loss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; Rollforward&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;OTTI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;x&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ed&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;no&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;edit lo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ss&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ni&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;F&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;se&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ne&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ou&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ogn&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ning&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ep&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;di&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;an&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;of i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;j&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;re&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;u&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sh &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ow&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;p&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rm&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;A&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;y&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ain&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;g&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;en&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ce &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;be&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;wee&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ai&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;v&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;alu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;st&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;c&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ogn&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;AOCI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The following table presents the amount of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;credit loss impairments recognized in earnings on fixed-maturity securities held by MBIA as of the dates indicated, for which a portion of the OTTI losses was recognized in AOCI, and the corresponding changes in such amounts. The additional credit loss imp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;airment on securities not previously impaired for the year ended December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, primarily related to municipal bonds for which a loss was recognized as the difference between its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;amortized cost and fair value&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The additional credit loss impairments on securities previously impaired for the years ended December 31, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, primarily related to a corporate obligation that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;incurred liquidity concerns, ongoing credit risk and other adverse financial conditions.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:185.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit Losses Recognized in Earnings Related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Beginning balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities not previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;on securities sold during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;impaired to fair value during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ending balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:11pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Sales of Available-for-Sale Investments&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:11pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Gross r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eali&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;z&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ga&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;i&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;l&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;e&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are recorded within &amp;#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&amp;#8221; on the Company&amp;#8217;s consolidated statements of operations&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The proceeds and the gross&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; realized gains and losses from sales of fixed-maturity securities held as AFS for the&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; as follows: &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:223.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Proceeds from sales &lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;84&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:MarketableSecuritiesTextBlock>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1603" unitRef="USD">522000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_1604" unitRef="USD">-279000000</us-gaap:OtherIncome>
  <mbi:ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1605">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:10.9pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.15pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:192pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Line Item&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='9' rowspan='1' style='width:151.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Line Item&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.9pt;' &gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:31.15pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance loss recoverable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loan repurchase commitments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Insurance loss recoverable &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loan repurchase commitments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Loss and LAE reserves&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:192pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;U.S. Public Finance Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;333&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;512&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;174&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;97&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:240.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:240.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;International and Structured Finance Insurance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Before VIE eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;1,478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;710&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;551&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;VIE eliminations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(1,300)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(243)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(221)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;(206)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;Total international and structured finance insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;178&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;467&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;330&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;444&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.15pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;511&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;979&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;504&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;541&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1606">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;89&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;280&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;375&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,764&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;104&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6,083&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,964&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,676&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;46&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,756&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8,481&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11,839&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,082&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,082&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;782&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;782&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(178)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(178)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;77&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries for policies in a net payable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Surveillance Categories&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Caution&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Classified&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Low&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Medium&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;High&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;List&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of policies&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;331&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;430&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of issues&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;126&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining weighted average contract &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;period (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross insured contractual payments &lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;outstanding:&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,917&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;320&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,031&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10,285&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,795&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,777&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,683&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,712&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;427&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9,808&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15,968&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Claim Liability&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;718&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;718&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Less:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross Potential Recoveries&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;770&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Discount, net&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net claim liability (recoverable)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;23&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Unearned premium revenue&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;68&lt;/font&gt;&lt;/td&gt;&lt;td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;85&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - An &amp;#8220;issue&amp;#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1607">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-25% - 35% (-2%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples of EBITDA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets adjusted for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;0% - 60% (36%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;54% - 54% (54%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$0 - $49 ($25)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='6' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Negative percentage represents financial guarantee policies in a receivable position. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Unobservable inputs are primarily based on comparable companies&amp;#39; EBITDA multiples.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.75pt;' &gt;&lt;td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(4) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Range&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Weighted&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Valuation Techniques&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable Input&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Average)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices adjusted for financial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 28% (3%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  guarantees provided to VIE obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples of EBITDA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multiples&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Breach rates&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Market prices of VIE assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Impact of financial guarantee&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;0% - 54% (24%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;  adjusted for financial guarantees provided&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Credit derivative liabilities, net:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Recovery rates&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 40% (33%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;BET Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;10% - 32% (32%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Weighted average life (in years)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.1 - 1.5 (1.3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;CMBS spreads&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;25% - 35% (30%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Multi-sector CDO&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Direct Price Model&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Nonperformance risk&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;58% - 58% (58%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Other derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Discounted cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Cash flows&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$0 - $83 ($42)&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='6' rowspan='1' style='width:334.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:334.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:117.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:117.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:71.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:71.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1) - Unobservable inputs are primarily based on comparable companies&amp;#39; EBITDA multiples.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(3) - Midpoint of cash flows are used for the weighted average.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock>
  <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1608">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;96&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;858&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;858&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,338&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,340&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;368&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;368&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;67&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;178&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;183&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:174pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,058&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-income fund&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;82&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;36&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;759&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;407&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:201pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:201pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,608&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,272&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,140&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,102&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;63&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;193&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;663&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;864&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;595&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,459&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.15pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.9pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.   &lt;/font&gt;&lt;/td&gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.85pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.85pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;825&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;937&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,440&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,334&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;257&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;44&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;825&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,113&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,999&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;521&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;521&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-income fund&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;75&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Active Markets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;for Identical&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;and Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Collateral&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.6pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Netting&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;149&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loan repurchase commitments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;404&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:199.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:199.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,559&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,378&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,552&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7,564&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Credit derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Non-insured derivatives:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;213&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Warrants&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;875&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;476&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,351&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,123&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;661&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,784&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;____________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock>
  <us-gaap:ScheduleOfFairValueOffBalanceSheetRisksTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1609">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:11pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:10.5pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;918&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;892&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,002&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,002&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,121&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;406&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;650&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;433&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;337&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,268&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,354&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,755&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,109&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,328&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,785&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,785&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,220&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;61&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value Measurements at Reporting Date Using&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Quoted Prices in&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Significant &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Carry Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Active Markets for&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Other Observable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unobservable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance as of &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; Identical Assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Inputs&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt; (Level 3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments held-to-maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;308&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,184&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,199&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,986&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;478&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;794&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;508&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;508&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;399&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,030&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,868&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,898&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Financial Guarantees:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,638&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,638&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;995&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ceded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfFairValueOffBalanceSheetRisksTextBlock>
  <us-gaap:DisclosureOfCreditDerivativesTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1610">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:17.25pt;' &gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:429.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:429.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:44.25pt;' &gt;&lt;td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1.0 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15.5 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,818&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;117&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,818&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;846&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;147&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,928&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:97.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:16.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;$ in millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:434.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt; As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Notional Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:52.5pt;' &gt;&lt;td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Credit Derivatives Sold&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Weighted Average Remaining Expected Maturity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AAA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;AA&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;A&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;BBB&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Below Investment Grade&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Total Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;Fair Value Asset (Liability)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3.8 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;473&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;15.7 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;137&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,146&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;3,035&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Insured swaps - held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;14.3 Years&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;137&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;2,261&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;1,152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;493&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;4,043&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;Total fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(66)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:DisclosureOfCreditDerivativesTextBlock>
  <us-gaap:ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1611">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(63)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,801&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;747&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(193)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;305&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;69&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4,100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(269)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15.6pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Assets &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Liabilities &lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Notional&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Derivative Instruments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Balance Sheet Location&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Not designated as hedging instruments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured credit default swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,035&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Insured swaps - held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;420&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities held for sale&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,062&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest rate swaps-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;376&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(17)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Currency swaps-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;83&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Derivative liabilities-VIE&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;All other-embedded&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-designated derivatives&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5,675&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(316)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;__________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&amp;#8217;s embedded derivative instruments is determined&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;   by the location of the related host contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock>
  <invest:InvestmentTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1612">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:339pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:339pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,317&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,345&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;840&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;857&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,332&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;25&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(80)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,277&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(72)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;365&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;362&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;66&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;175&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,240&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;179&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,438&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;91&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,423&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;916&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:556.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:556.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='14' rowspan='1' style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:327.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Other-Than-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amortized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Temporary&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Cost&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Impairments&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;909&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,382&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;72&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,439&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,352&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;20&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(102)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,270&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;871&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;862&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;50&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;45&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;41&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;294&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;293&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total fixed-maturity investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,929&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;128&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4,909&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Money market securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;517&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;517&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Perpetual debt and equity securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,450&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;129&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5,431&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(75)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:8.25pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;890&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;_______________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.5pt;' &gt;&lt;td colspan='20' rowspan='1' style='width:545.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:545.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</invest:InvestmentTableTextBlock>
  <us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1613">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;353&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;124&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;477&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;203&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;319&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;425&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;163&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(77)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;588&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(80)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;105&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;156&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;261&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;14&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;27&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,204&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;617&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(93)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,821&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(106)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Less than 12 Months&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;12 Months or Longer&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Unrealized&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Losses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;AFS Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;U.S. Treasury and government agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;432&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;State and municipal bonds&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;339&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;357&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Foreign governments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;534&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(29)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(73)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;586&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(102)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;436&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;122&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;558&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage-backed non-agency&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;30&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Commercial mortgage-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Asset-backed securities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;112&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;49&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;161&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total AFS investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,872&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(62)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;300&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(86)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(148)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:7.5pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;HTM Investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Assets of consolidated VIEs:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate obligations&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total HTM investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;876&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1614" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1615" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1616" unitRef="USD">26000000</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1617" unitRef="USD">26000000</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1618" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1619" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1620" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1621" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1622" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1623" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1624" unitRef="USD">4438000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1625" unitRef="USD">91000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1626" unitRef="USD">106000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1627" unitRef="USD">4423000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1628" unitRef="USD">71000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1629" unitRef="USD">179000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1630" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1631" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1632" unitRef="USD">179000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1633" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1634" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1635" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1636" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1637" unitRef="USD">4000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1638" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1639" unitRef="USD">1317000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1640" unitRef="USD">34000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1641" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1642" unitRef="USD">1345000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1643" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1644" unitRef="USD">840000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1645" unitRef="USD">29000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1646" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1647" unitRef="USD">857000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1648" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1649" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1650" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1651" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1652" unitRef="USD">10000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1653" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1654" unitRef="USD">1332000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1655" unitRef="USD">25000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1656" unitRef="USD">80000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1657" unitRef="USD">1277000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1658" unitRef="USD">72000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1659" unitRef="USD">365000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1660" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1661" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1662" unitRef="USD">362000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1663" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1664" unitRef="USD">35000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1665" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1666" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1667" unitRef="USD">32000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1668" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1669" unitRef="USD">66000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1670" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1671" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1672" unitRef="USD">66000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1673" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1674" unitRef="USD">116000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1675" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1676" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1677" unitRef="USD">116000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1678" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1679" unitRef="USD">175000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1680" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1681" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1682" unitRef="USD">175000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1683" unitRef="USD">-1000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1684" unitRef="USD">4256000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1685" unitRef="USD">90000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1686" unitRef="USD">106000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1687" unitRef="USD">4240000000</us-gaap:AvailableForSaleSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1688" unitRef="USD">71000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1689" unitRef="USD">674000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1690" unitRef="USD">1157000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1691" unitRef="USD">601000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1692" unitRef="USD">1067000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1693" unitRef="USD">757000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost>
  <us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1694" unitRef="USD">4256000000</us-gaap:AvailableForSaleDebtSecuritiesAmortizedCostBasis>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1695" unitRef="USD">674000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1696" unitRef="USD">1159000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1697" unitRef="USD">540000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1698" unitRef="USD">1116000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1699" unitRef="USD">751000000</us-gaap:AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue>
  <us-gaap:AvailableForSaleSecuritiesDebtSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1700" unitRef="USD">4240000000</us-gaap:AvailableForSaleSecuritiesDebtSecurities>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1701" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1702" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1703" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1704" unitRef="USD">890000000</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1705" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1706" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1707" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1708" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1709" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1710" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue>
  <us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1711" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1712" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1713">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:14.25pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:185.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Credit Losses Recognized in Earnings Related to OTTI&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Beginning balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities not previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additions for credit loss impairments recognized in the&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;current period on securities previously impaired&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;on securities sold during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Reductions for credit loss impairments previously recognized on securities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;impaired to fair value during the period&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Ending balance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_1714" unitRef="USD">26000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1715" unitRef="USD">2256000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1716" unitRef="USD">40000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1717" unitRef="USD">22000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1718" unitRef="USD">2412000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1719" unitRef="USD">84000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1720" unitRef="USD">23000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <us-gaap:ScheduleOfRealizedGainLossTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1721">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:223.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:223.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years Ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Proceeds from sales &lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,256&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,412&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,145&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized gains&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;40&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;84&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gross realized losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(23)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(16)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfRealizedGainLossTableTextBlock>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1722" unitRef="USD">5000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1723" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_1724">P15Y6M</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_1725">P3Y9M</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" id="ID_1726">P15Y6M</mbi:WeightedAverageRemainingMaturityCreditDerivativesInYears>
  <mbi:EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-5" id="ID_1727" unitRef="USD">2000000</mbi:EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_1728" unitRef="shares">930406</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_1729" unitRef="shares">311772</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1730" unitRef="USD">0</us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1731" unitRef="USD">11000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_1732" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1733" unitRef="USD">75000000</mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue>
  <mbi:DeferredTaxLiabilitiesDeferralOfCodIncome contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1734" unitRef="USD">14000000</mbi:DeferredTaxLiabilitiesDeferralOfCodIncome>
  <us-gaap:DeferredTaxLiabilitiesOther contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1735" unitRef="USD">0</us-gaap:DeferredTaxLiabilitiesOther>
  <mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1736" unitRef="USD">582000000</mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards>
  <mbi:DeferredTaxAssetsInsuredDerivatives contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1737" unitRef="USD">14000000</mbi:DeferredTaxAssetsInsuredDerivatives>
  <mbi:DeferredTaxLiabilitiesVariableInterestEntities contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1738" unitRef="USD">38000000</mbi:DeferredTaxLiabilitiesVariableInterestEntities>
  <mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" id="ID_1739">P22Y</mbi:WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1740" unitRef="USD">1256000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1741" unitRef="USD">96000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1742" unitRef="USD">1352000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1743" unitRef="USD">858000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1744" unitRef="USD">858000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1745" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1746" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1747" unitRef="USD">1338000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1748" unitRef="USD">1340000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1749" unitRef="USD">368000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1750" unitRef="USD">368000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1751" unitRef="USD">32000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1752" unitRef="USD">32000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1753" unitRef="USD">60000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_1754" unitRef="USD">67000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1755" unitRef="USD">118000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1756" unitRef="USD">118000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1757" unitRef="USD">178000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1758" unitRef="USD">5000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1759" unitRef="USD">183000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1760" unitRef="USD">1256000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1761" unitRef="USD">3058000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1762" unitRef="USD">14000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_1763" unitRef="USD">4328000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1764" unitRef="USD">180000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_1765" unitRef="USD">180000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1766" unitRef="USD">26000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1767" unitRef="USD">37000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_1768" unitRef="USD">63000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_FixedIncomeFundsMember" decimals="-6" id="ID_1769" unitRef="USD">82000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1770" unitRef="USD">163000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_1771" unitRef="USD">163000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1772" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1773" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1774" unitRef="USD">30000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1775" unitRef="USD">36000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1776" unitRef="USD">8000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1777" unitRef="USD">1000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1778" unitRef="USD">9000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1779" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1780" unitRef="USD">10000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1781" unitRef="USD">24000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1782" unitRef="USD">24000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1783" unitRef="USD">759000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1784" unitRef="USD">759000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1785" unitRef="USD">920000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1786" unitRef="USD">920000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1787" unitRef="USD">407000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1788" unitRef="USD">407000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_1789" unitRef="USD">1608000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1790" unitRef="USD">3272000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1791" unitRef="USD">2140000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1792" unitRef="USD">7102000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1793" unitRef="USD">115000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_1794" unitRef="USD">115000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_1795" unitRef="USD">6000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_1796" unitRef="USD">6000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1797" unitRef="USD">663000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1798" unitRef="USD">406000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1799" unitRef="USD">1069000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_1800" unitRef="USD">864000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1801" unitRef="USD">595000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_1802" unitRef="USD">1459000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_1803" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_1804" unitRef="USD">15000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1805" unitRef="USD">108000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1806" unitRef="USD">108000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1807" unitRef="USD">1000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1808" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1809" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1810" unitRef="USD">2000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1811" unitRef="USD">63000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1812" unitRef="USD">65000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1813" unitRef="USD">193000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1814" unitRef="USD">193000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1815" unitRef="USD">4000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_1816" unitRef="USD">4000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1817" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1818" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1819" unitRef="USD">1002000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1820" unitRef="USD">352000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1821" unitRef="USD">1354000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1822" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1823" unitRef="USD">406000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1824" unitRef="USD">433000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1825" unitRef="USD">916000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1826" unitRef="USD">1755000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1827" unitRef="USD">1785000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1828" unitRef="USD">61000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1829" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1830" unitRef="USD">916000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1831" unitRef="USD">1268000000</us-gaap:NotesPayable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1832" unitRef="USD">918000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1833" unitRef="USD">1002000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1834" unitRef="USD">406000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1835" unitRef="USD">433000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1836" unitRef="USD">3109000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1837" unitRef="USD">1785000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1838" unitRef="USD">61000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1839" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1840" unitRef="USD">890000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1841" unitRef="USD">892000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1842" unitRef="USD">2121000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1843" unitRef="USD">650000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1844" unitRef="USD">337000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1845" unitRef="USD">1220000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1846" unitRef="USD">4328000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1847" unitRef="USD">1220000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1848" unitRef="USD">39000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1849" unitRef="USD">306000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1850" unitRef="USD">916000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_1851" unitRef="USD">306000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_1852" unitRef="USD">306000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_mbi_TotalGainsLossesIncludedInEarningsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1853" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1854" unitRef="USD">52000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1855" unitRef="USD">732000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1856" unitRef="USD">170000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1857" unitRef="USD">1394000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1858" unitRef="USD">2296000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1859" unitRef="USD">1882000000</mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments>
  <mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1860" unitRef="USD">180000000</mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1861" unitRef="USD">727000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1862" unitRef="USD">32000000</us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1863" unitRef="USD">920000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1864" unitRef="USD">1679000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1865" unitRef="USD">1069000000</mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateFairValueMediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1866" unitRef="USD">115000000</mbi:FairValueOptionAggregateFairValueMediumTermNotes>
  <mbi:FairValueOptionAggregateDifferencesMediumTermNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_1867" unitRef="USD">65000000</mbi:FairValueOptionAggregateDifferencesMediumTermNotes>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1868" unitRef="USD">5000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_1869" unitRef="USD">138000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_1870" unitRef="USD">474000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1871" unitRef="USD">617000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1872" unitRef="USD">813000000</us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments>
  <mbi:DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_1873">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:143.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Contractual&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Outstanding&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Fair&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;In millions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Difference&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Loans receivable at fair value:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;732&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;727&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;965&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;894&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Residential mortgage loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;170&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;32&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;143&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;121&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate loans (90 days or more past due)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,394&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;920&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;474&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;150&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total loans receivable at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,296&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,679&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;617&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,258&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,066&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Variable interest entity notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,882&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,069&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;813&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,449&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,351&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,098&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:6.75pt;' &gt;&lt;td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Medium-term notes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;115&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;65&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;158&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;101&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;57&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1874" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1875" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1876" unitRef="USD">19000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1877" unitRef="USD">759000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1878" unitRef="USD">920000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1879" unitRef="USD">407000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1880" unitRef="USD">2140000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1881" unitRef="USD">406000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1882" unitRef="USD">595000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1883" unitRef="USD">115000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1884" unitRef="USD">63000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1885" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1886" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1887" unitRef="USD">15000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1888" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1889" unitRef="USD">-2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1890" unitRef="USD">-2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1891" unitRef="USD">-170000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1892" unitRef="USD">-2000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1893" unitRef="USD">737000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1894" unitRef="USD">324000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1895" unitRef="USD">31000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1896" unitRef="USD">23000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1897" unitRef="USD">168000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1898" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1899" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1900" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1901" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1902" unitRef="USD">41000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1903" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1904" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1905" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1906" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1907" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1908" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1909" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1910" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1911" unitRef="USD">-79000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1912" unitRef="USD">236000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1913" unitRef="USD">-89000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1914" unitRef="USD">719000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1915" unitRef="USD">38000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1916" unitRef="USD">-3000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1917" unitRef="USD">79000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1918" unitRef="USD">89000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1919" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1920" unitRef="USD">-2000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1921" unitRef="USD">-2000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1922" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1923" unitRef="USD">37000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1924" unitRef="USD">56000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1925" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1926" unitRef="USD">53000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1927" unitRef="USD">15000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1928" unitRef="USD">141000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1929" unitRef="USD">70000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1930" unitRef="USD">-1000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1931" unitRef="USD">15000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1932" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1933" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1934" unitRef="USD">-1000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1935" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1936" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1937" unitRef="USD">18000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1938" unitRef="USD">34000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1939" unitRef="USD">18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1940" unitRef="USD">37000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1941" unitRef="USD">1834000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1942" unitRef="USD">41000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1943" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1944" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1945" unitRef="USD">29000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1946" unitRef="USD">38000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1947" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1948" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1949" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1950" unitRef="USD">1185000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1951" unitRef="USD">107000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1952" unitRef="USD">396000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1953" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1954" unitRef="USD">16000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1955" unitRef="USD">-32000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1956" unitRef="USD">5000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1957" unitRef="USD">278000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1958" unitRef="USD">344000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1959" unitRef="USD">109000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1960" unitRef="USD">17000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1961" unitRef="USD">144000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1962" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1963" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1964" unitRef="USD">1000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1965" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1966" unitRef="USD">10000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1967" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1968" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1969" unitRef="USD">-18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1970" unitRef="USD">32000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1971" unitRef="USD">-14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1972" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1973" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1974" unitRef="USD">-1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1975" unitRef="USD">122000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1976" unitRef="USD">39000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1977" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_1978" unitRef="USD">125000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1979" unitRef="USD">6000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1980" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1981" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1982" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1983" unitRef="USD">1000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1984" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1985" unitRef="USD">4000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1986" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1987" unitRef="USD">7000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1988" unitRef="USD">5000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1989" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1990" unitRef="USD">-2000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1991" unitRef="USD">6000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1992" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1993" unitRef="USD">11000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1994" unitRef="USD">258000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1995" unitRef="USD">-11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1996" unitRef="USD">-4000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1997" unitRef="USD">146000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1998" unitRef="USD">107000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_1999" unitRef="USD">4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2000" unitRef="USD">-8000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2001" unitRef="USD">8000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2002" unitRef="USD">-1000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2003" unitRef="USD">1531000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2004" unitRef="USD">161000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2005" unitRef="USD">85000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2006" unitRef="USD">18000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2007" unitRef="USD">1267000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2008" unitRef="USD">-23000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2009" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2010" unitRef="USD">146000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2011" unitRef="USD">631000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2012" unitRef="USD">-23000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2013" unitRef="USD">-3000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2014" unitRef="USD">-1000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2015" unitRef="USD">56000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2016" unitRef="USD">-4000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2017" unitRef="USD">43000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2018" unitRef="USD">43000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2019" unitRef="USD">-13000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2020" unitRef="USD">2000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2021" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_2022" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_2023" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2024" unitRef="USD">43000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2025" unitRef="USD">-45000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2026" unitRef="USD">-1000000</mbi:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2027" unitRef="USD">9000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2028" unitRef="USD">245000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2029" unitRef="USD">631000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2030" unitRef="USD">-38000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2031" unitRef="USD">11000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2032" unitRef="USD">14000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember" decimals="-6" id="ID_2033" unitRef="USD">14000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2034" unitRef="USD">7000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember" decimals="-6" id="ID_2035" unitRef="USD">7000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2036" unitRef="USD">14000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2037" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2038" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2039" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2040" unitRef="USD">17000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2041" unitRef="USD">3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2042" unitRef="USD">0</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2043" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_OtherPayableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2044" unitRef="USD">0</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2045" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2046" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2047" unitRef="USD">51000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_BETValuationModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_2048" unitRef="USD">62000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2049" unitRef="USD">2000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2050" unitRef="USD">11000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesOtherInvestmentsMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2051" unitRef="USD">1000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2052" unitRef="USD">22000000</mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments>
  <mbi:Accumulatedothercomprehensiveincomelossdeferredincometaxes contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2053" unitRef="USD">16000000</mbi:Accumulatedothercomprehensiveincomelossdeferredincometaxes>
  <us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2054" unitRef="USD">0</us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2055" unitRef="USD">-4000000</us-gaap:OtherIncome>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_MbiaCorpSurplusNotesMember" decimals="4" id="ID_2056" unitRef="pure">0.14</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_2057" unitRef="USD">-362000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_2058" unitRef="USD">23000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_2059" unitRef="USD">303000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_2060" unitRef="USD">-14000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2061" unitRef="USD">1000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2062" unitRef="USD">-8000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <mbi:ChangeInUnrealizedGainLossOnInvestments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2063" unitRef="USD">30000000</mbi:ChangeInUnrealizedGainLossOnInvestments>
  <us-gaap:CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2064">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;CONDENSED BALANCE SHEETS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions except share and per share amounts)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:13.5pt;' &gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:21.95pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt; &lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Arial;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;December 31, 2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Assets &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $590 and $687)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;639&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;725&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments carried at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investments pledged as collateral, at fair value (amortized cost $155 and $242)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;148&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;233&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Short-term investments held as available-for-sale, at fair value (amortized cost $283 and $278)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;283&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,079&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,244&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment in wholly-owned subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,290&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,673&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Deferred income taxes, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,003&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;107&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total assets&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;3,523&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Liabilities and Shareholders&amp;#39; Equity &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Liabilities: &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;301&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;576&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;576&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Affiliate loans payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;772&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;901&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Income taxes payable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;237&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Calibri;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;224&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total liabilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;2,110&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;2,813&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Arial;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Shareholders&amp;#39; Equity:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--283,717,973&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; and 283,989,999&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;284&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Additional paid-in capital&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,171&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3,160&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Retained earnings &lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1,095&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2,700&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Accumulated other comprehensive income (loss), net of tax&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(19)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(128)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Treasury stock, at cost--192,233,526 and 148,789,168 shares&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3,118)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(2,789)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total shareholders&amp;#39; equity of MBIA Inc.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;1,413&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;3,227&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Total liabilities and shareholders&amp;#39; equity&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;3,523&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;6,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:18pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;CONDENSED STATEMENTS OF OPERATIONS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:189.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:189.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Years ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Revenues:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net investment income&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;29&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net gains (losses) on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(13)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment losses related to other-than-temporary impairments:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:311.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:311.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other-than-temporary impairments recognized in accumulated other&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;comprehensive income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Net gains (losses) on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other net realized gains (losses)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total revenues&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;111&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Expenses:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Interest&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;95&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total expenses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;106&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gain (loss) before income taxes and equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(74)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(91)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Provision (benefit) for income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;507&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(15)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Gain (loss) before equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(581)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(76)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(9)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Equity in net income (loss) of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,024)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(262)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;SCHEDULE II&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:15pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' &gt;CONDENSED STATEMENTS OF CASH FLOWS&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8pt;color:#000000;' &gt;(In millions)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:172.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;Years ended December 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Fees and reimbursements received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Investment income received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;141&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;144&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;142&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Operating expenses paid&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(18)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(24)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Interest paid, net of interest converted to principal&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(78)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(84)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(88)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Income taxes (paid) received&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;26&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;73&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;108&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by operating activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:2.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from investing activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(164)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(129)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(606)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;172&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;165&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Paydowns and maturities of available-for-sale investments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;152&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;90&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;186&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(70)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(57)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(144)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales, paydowns and maturities of investments at fair value&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;71&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;58&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Sales, paydowns and maturities (purchases) of short-term investments, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(34)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(Payments) proceeds for derivative settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(30)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(37)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;43&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Collateral (to) from counterparty&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;52&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(31)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Contributions to subsidiaries, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(12)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(10)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Advances to subsidiaries, net&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other investing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by investing activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;86&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;133&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:2.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash flows from financing activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Proceeds from investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;15&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;16&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Principal paydowns of investment agreements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(81)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(80)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(111)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Proceeds from long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;127&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Principal paydowns of long-term debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Payments for affiliate loans&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(156)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(111)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(103)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Purchases of treasury stock&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(108)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(234)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Restricted stock awards settlements&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;11&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by financing activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(149)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(275)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(419)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:2.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.25pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Effect of exchange rates on cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:2.25pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net increase (decrease) in cash and cash equivalents&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(3)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(65)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash and cash equivalents - beginning of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;100&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Cash and cash equivalents - end of year&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;10&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:3pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Reconciliation of net income (loss) to net cash provided (used) by operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(1,605)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(338)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Change in:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Intercompany accounts receivable&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(22)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(8)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Arial;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Current income taxes&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;48&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;78&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;109&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Arial;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Equity in earnings of subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,024&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;262&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(189)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Arial;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Dividends from subsidiaries&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;118&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;116&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net investment losses related to other-than-temporary impairments&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net (gains) losses on financial instruments at fair value and foreign exchange&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;34&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(59)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other net realized (gains) losses&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(21)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Deferred income tax provision (benefit)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;485&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(20)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(Gains) losses on extinguishment of debt&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(28)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(5)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Other operating&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;13&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;18&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Total adjustments to net income (loss)&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;1,667&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;457&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;(42)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;Net cash provided (used) by operating activities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;62&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;119&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;138&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:1.5pt;' &gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;The condensed financial statements should be read in conjunction with the&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' &gt;consolidated financial statements and notes thereto and the accompanying notes.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&lt;p style='line-height:20pt;' /&gt;&lt;div&gt;&lt;p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;SCHEDULE II&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:center;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;MBIA INC. (PARENT COMPANY)&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;NOTES TO CONDENSED FINANCIAL STATEMENTS&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;1. Condensed Financial Statements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&amp;#8217;s consolidated financial statements and the notes thereto.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The activities o&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;f MBIA Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;(the &amp;#8220;Parent Company&amp;#8221;)&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; consist of general corporate activities and funding activities, which principally include holding and managing investments, servicing outstanding corporate debt, investment agreements issued by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;subsidiaries, and posting collateral under investment agreement and derivative contracts.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&amp;#8217;s consolidated financial statements. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the liquidity position of the Parent Company,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;which included cash and cash equivalents or short-term investments comprised of highly rated commercial paper, money market funds and municipal, U.S. agency and corporate bonds for general corpo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rate purposes, excluding the amount held in escrow under its tax sharing agreement, was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;419&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During 2017, National purchased from the Parent Company, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;129&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million principal amount of MBIA Inc. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5.70&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;0% Senior Notes due &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2034&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; that were pr&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eviously repurchased by the Parent Company and had not been retired&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Inc. 5.700%&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Senior Notes due 2034 that were purchased by National were eliminated from the Parent Company&amp;#8217;s condensed balance sheet.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;2. Accounting Policies&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; car&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ries its investments in subsidiaries under the equity method.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Certain amounts have been reclassified in prior years&amp;#8217; financial statements to conform to the current presentation. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;This includes a change in the presentation of cash paid when withholding share&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s for tax-withholding purposes in &amp;#8220;Purchases of treasury stock&amp;#8221; on the Parent Company&amp;#8217;s condensed statement of cash flows as required under Accounting Standards Update (&amp;#8220;ASU&amp;#8221;) 2016-09, &amp;#8220;Compensation-Stock Compensation (Topic 718)&amp;#8221;. The change in presentati&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on effected &amp;#8220;Operating expenses paid&amp;#8221;, in operating cash flows and &amp;#8220;Purchases of treasury stock&amp;#8221;, in financing cash flows, on the Parent Company&amp;#8217;s condensed statement of cash flows in prior periods.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The reclassifications had no material impact on total rev&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;enues, expenses, assets, liabilities, shareholders&amp;#8217; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For a further discussion of significant accounting policies and recent accounting pronouncements, ref&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;er to footnotes 2 and 3 to the Company&amp;#8217;s consolidated financial statements.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;3. Dividends from Subsidiaries&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $118 million to the Parent Company.   &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;During &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National Public Finance Guarantee Holdings, Inc.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; declared and paid &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;a &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dividend of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;114&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; Trifinium Holdings Limited d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ecl&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ared and paid dividends of $1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company and MBIA Services Corp. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;declared and paid a dividend of $1 million to the Parent Company.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;4. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;Deferred Tax Asset, Net of Valuation Allowance&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Parent Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the dif&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ferences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount tha&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t more likely than not will be realized.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Parent Company considered all available positive and negative evidence as required by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;generally accepted accounting principles&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, to estimate if sufficient taxable income will be generated to use its&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; net&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; deferred &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tax asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. After considering all positive and negative evidence, including the Parent Company&amp;#8217;s inability to objectively identify and forecast future sources of taxable income, the Parent Company concluded in the second quarter of 2017 it did not have suff&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;icient positive evidence to support its ability to use its &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;net deferred tax asset&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; before &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;it&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; would expire. Acc&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ordingly, the Parent Company established&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a full valuation allowance against its net deferred tax asset.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For a further discussion of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the net deferre&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d tax asset, refer to footnote&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;11&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to the Company&amp;#8217;s consolidated financial statements.  &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;. Obligations under Investment Agreements&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;I&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nvestment agreement&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, as described in footnote &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to the Company&amp;#8217;s consolidated financial statements, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; conducted by both &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and its wholly&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;-&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;owned subsidiary, MBIA Investment Management Corp.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;. Pledged Collateral&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Substantially all of the obligations under investment agreements require &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to pledge securities as collateral. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, the fair value of securities pledged as collateral with respect to these investment agreements approximated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$350 &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;394&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. The Parent Company&amp;#8217;s collateral as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, consisted principally&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; of U.S. Treasury and government agency&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and state and municipal &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bonds, and was primarily held with major U.S. banks. Additionally, the Parent Company pledged &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;cash and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;money market securities as collateral under investment agreements in the amount of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;6&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; mil&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;lion as of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under derivative contracts entered into by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, collateral postings are required by either &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or the counterparty when the aggregate market value of derivative contracts entered into with the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;same counterparty exceeds a predefined threshold. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company pledged securities with a fair value of $237 million and $276 million, respectively, to derivative counterparties&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;7&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt;. Affiliate Loans Payable&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Affi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;liate loans payable consists of loans payable to MBIA Global Funding, LLC (&amp;#8220;GFL&amp;#8221;). GFL raise&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;d&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; funds through the issuance of medium-term notes with varying maturities, which &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;were&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, in turn, guaranteed by MBIA Corp. GFL len&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; the proceeds of these medium-term &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;note issuances to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;the Parent Company&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2065" unitRef="USD">639000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2066" unitRef="USD">8000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2067" unitRef="USD">148000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2068" unitRef="USD">283000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2069" unitRef="USD">1000000</us-gaap:OtherInvestments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2070" unitRef="USD">1079000000</us-gaap:Investments>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2071" unitRef="USD">10000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <mbi:InvestmentInWhollyOwnedSubsidiaries contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2072" unitRef="USD">2290000000</mbi:InvestmentInWhollyOwnedSubsidiaries>
  <us-gaap:DeferredTaxAssetsNet contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2073" unitRef="USD">0</us-gaap:DeferredTaxAssetsNet>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2074" unitRef="USD">144000000</us-gaap:OtherAssets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2075" unitRef="USD">3523000000</us-gaap:Assets>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2076" unitRef="USD">301000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2077" unitRef="USD">576000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LoansPayable contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2078" unitRef="USD">772000000</us-gaap:LoansPayable>
  <us-gaap:AccruedIncomeTaxes contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2079" unitRef="USD">237000000</us-gaap:AccruedIncomeTaxes>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2080" unitRef="USD">224000000</us-gaap:OtherLiabilities>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2081" unitRef="USD">2110000000</us-gaap:Liabilities>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2082" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2083" unitRef="USD">284000000</us-gaap:CommonStockValue>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2084" unitRef="USD">3171000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2085" unitRef="USD">1095000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2086" unitRef="USD">-19000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2087" unitRef="USD">3118000000</us-gaap:TreasuryStockValue>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2088" unitRef="USD">1413000000</us-gaap:StockholdersEquity>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2089" unitRef="USD">3523000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2090" unitRef="USD">590000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2091" unitRef="USD">155000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2092" unitRef="USD">283000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2093" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2094" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2095" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2096" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2097" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2098" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2099" unitRef="shares">283717973</us-gaap:CommonStockSharesIssued>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2100" unitRef="shares">192233526</us-gaap:TreasuryStockShares>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2101" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2102" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2103" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2104" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2105" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2106" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2107" unitRef="shares">283989999</us-gaap:CommonStockSharesIssued>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="0" id="ID_2108" unitRef="shares">148789168</us-gaap:TreasuryStockShares>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2109" unitRef="USD">687000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2110" unitRef="USD">242000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2111" unitRef="USD">278000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2112" unitRef="USD">725000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2113" unitRef="USD">6000000</us-gaap:TradingSecurities>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2114" unitRef="USD">233000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2115" unitRef="USD">278000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2116" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2117" unitRef="USD">1244000000</us-gaap:Investments>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2118" unitRef="USD">13000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <mbi:InvestmentInWhollyOwnedSubsidiaries contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2119" unitRef="USD">3673000000</mbi:InvestmentInWhollyOwnedSubsidiaries>
  <us-gaap:DeferredTaxAssetsNet contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2120" unitRef="USD">1003000000</us-gaap:DeferredTaxAssetsNet>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2121" unitRef="USD">107000000</us-gaap:OtherAssets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2122" unitRef="USD">6040000000</us-gaap:Assets>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2123" unitRef="USD">361000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2124" unitRef="USD">576000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LoansPayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2125" unitRef="USD">901000000</us-gaap:LoansPayable>
  <us-gaap:AccruedIncomeTaxes contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2126" unitRef="USD">696000000</us-gaap:AccruedIncomeTaxes>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2127" unitRef="USD">279000000</us-gaap:OtherLiabilities>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2128" unitRef="USD">2813000000</us-gaap:Liabilities>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2129" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2130" unitRef="USD">284000000</us-gaap:CommonStockValue>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2131" unitRef="USD">3160000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2132" unitRef="USD">2700000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2133" unitRef="USD">-128000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2134" unitRef="USD">2789000000</us-gaap:TreasuryStockValue>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2135" unitRef="USD">3227000000</us-gaap:StockholdersEquity>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2136" unitRef="USD">6040000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2137" unitRef="USD">35000000</us-gaap:NetInvestmentIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2138" unitRef="USD">-34000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2139" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2140" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2141" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2142" unitRef="USD">28000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2143" unitRef="USD">-3000000</us-gaap:OtherIncome>
  <us-gaap:Revenues contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2144" unitRef="USD">26000000</us-gaap:Revenues>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2145" unitRef="USD">13000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2146" unitRef="USD">87000000</us-gaap:InterestExpense>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2147" unitRef="USD">100000000</us-gaap:CostsAndExpenses>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2148" unitRef="USD">-74000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2149" unitRef="USD">507000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2150" unitRef="USD">-581000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2151" unitRef="USD">-1024000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2152" unitRef="USD">-1605000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2153" unitRef="USD">29000000</us-gaap:NetInvestmentIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2154" unitRef="USD">-13000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2155" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2156" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2157" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2158" unitRef="USD">5000000</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2159" unitRef="USD">-5000000</us-gaap:OtherIncome>
  <us-gaap:Revenues contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2160" unitRef="USD">15000000</us-gaap:Revenues>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2161" unitRef="USD">16000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2162" unitRef="USD">90000000</us-gaap:InterestExpense>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2163" unitRef="USD">106000000</us-gaap:CostsAndExpenses>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2164" unitRef="USD">-91000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2165" unitRef="USD">-15000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2166" unitRef="USD">-76000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2167" unitRef="USD">-262000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2168" unitRef="USD">-338000000</us-gaap:NetIncomeLoss>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2169" unitRef="USD">35000000</us-gaap:NetInvestmentIncome>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2170" unitRef="USD">59000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2171" unitRef="USD">3000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2172" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2173" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:GainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2174" unitRef="USD">0</us-gaap:GainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2175" unitRef="USD">21000000</us-gaap:OtherIncome>
  <us-gaap:Revenues contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2176" unitRef="USD">111000000</us-gaap:Revenues>
  <us-gaap:OperatingExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2177" unitRef="USD">24000000</us-gaap:OperatingExpenses>
  <us-gaap:InterestExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2178" unitRef="USD">95000000</us-gaap:InterestExpense>
  <us-gaap:CostsAndExpenses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2179" unitRef="USD">119000000</us-gaap:CostsAndExpenses>
  <mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2180" unitRef="USD">-8000000</mbi:IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2181" unitRef="USD">1000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2182" unitRef="USD">-9000000</mbi:IncomeLossBeforeEquityInEarningsOfSubsidiaries>
  <us-gaap:IncomeLossFromSubsidiariesNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2183" unitRef="USD">189000000</us-gaap:IncomeLossFromSubsidiariesNetOfTax>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2184" unitRef="USD">180000000</us-gaap:NetIncomeLoss>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2185" unitRef="USD">0</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2186" unitRef="USD">141000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2187" unitRef="USD">27000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2188" unitRef="USD">78000000</us-gaap:InterestPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2189" unitRef="USD">-26000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2190" unitRef="USD">62000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2191" unitRef="USD">164000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2192" unitRef="USD">172000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2193" unitRef="USD">152000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2194" unitRef="USD">34000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2195" unitRef="USD">30000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2196" unitRef="USD">4000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2197" unitRef="USD">-12000000</mbi:ContributionsToSubsidiaries>
  <mbi:AdvancesToSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2198" unitRef="USD">-3000000</mbi:AdvancesToSubsidiaries>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2199" unitRef="USD">0</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2200" unitRef="USD">86000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2201" unitRef="USD">15000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2202" unitRef="USD">81000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2203" unitRef="USD">-149000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2204" unitRef="USD">-3000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2205" unitRef="USD">22000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2206" unitRef="USD">48000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2207" unitRef="USD">-1024000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2208" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2209" unitRef="USD">0</mbi:NetOtherThanTemporaryImpairments>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2210" unitRef="USD">-34000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2211" unitRef="USD">3000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2212" unitRef="USD">485000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2213" unitRef="USD">28000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2214" unitRef="USD">-5000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2215" unitRef="USD">1667000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2216" unitRef="USD">4000000</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2217" unitRef="USD">144000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2218" unitRef="USD">18000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2219" unitRef="USD">84000000</us-gaap:InterestPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2220" unitRef="USD">-73000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2221" unitRef="USD">119000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2222" unitRef="USD">129000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2223" unitRef="USD">165000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2224" unitRef="USD">90000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2225" unitRef="USD">-1000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2226" unitRef="USD">37000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2227" unitRef="USD">52000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2228" unitRef="USD">-10000000</mbi:ContributionsToSubsidiaries>
  <mbi:AdvancesToSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2229" unitRef="USD">0</mbi:AdvancesToSubsidiaries>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2230" unitRef="USD">0</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2231" unitRef="USD">133000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2232" unitRef="USD">16000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2233" unitRef="USD">80000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2234" unitRef="USD">-275000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2235" unitRef="USD">-22000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2236" unitRef="USD">8000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2237" unitRef="USD">78000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2238" unitRef="USD">-262000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2239" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2240" unitRef="USD">1000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2241" unitRef="USD">-13000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2242" unitRef="USD">5000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2243" unitRef="USD">-20000000</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2244" unitRef="USD">5000000</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2245" unitRef="USD">-13000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2246" unitRef="USD">457000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:ProceedsFromFeesReceived contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2247" unitRef="USD">0</us-gaap:ProceedsFromFeesReceived>
  <us-gaap:ProceedsFromInterestAndDividendsReceived contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2248" unitRef="USD">142000000</us-gaap:ProceedsFromInterestAndDividendsReceived>
  <us-gaap:PaymentsForOperatingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2249" unitRef="USD">24000000</us-gaap:PaymentsForOperatingActivities>
  <us-gaap:InterestPaidNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2250" unitRef="USD">88000000</us-gaap:InterestPaidNet>
  <us-gaap:IncomeTaxesPaidNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2251" unitRef="USD">-108000000</us-gaap:IncomeTaxesPaidNet>
  <us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2252" unitRef="USD">138000000</us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations>
  <us-gaap:PaymentsToAcquireAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2253" unitRef="USD">606000000</us-gaap:PaymentsToAcquireAvailableForSaleSecurities>
  <us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2254" unitRef="USD">325000000</us-gaap:ProceedsFromSaleOfAvailableForSaleSecurities>
  <us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2255" unitRef="USD">186000000</us-gaap:ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities>
  <us-gaap:PaymentsForProceedsFromShortTermInvestments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2256" unitRef="USD">-232000000</us-gaap:PaymentsForProceedsFromShortTermInvestments>
  <us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2257" unitRef="USD">-43000000</us-gaap:PaymentsForProceedsFromDerivativeInstrumentInvestingActivities>
  <us-gaap:IncreaseDecreaseCashCollateralFromCounterparties contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2258" unitRef="USD">-31000000</us-gaap:IncreaseDecreaseCashCollateralFromCounterparties>
  <mbi:ContributionsToSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2259" unitRef="USD">16000000</mbi:ContributionsToSubsidiaries>
  <mbi:AdvancesToSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2260" unitRef="USD">0</mbi:AdvancesToSubsidiaries>
  <us-gaap:PaymentsForProceedsFromOtherInvestingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2261" unitRef="USD">-24000000</us-gaap:PaymentsForProceedsFromOtherInvestingActivities>
  <us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2262" unitRef="USD">216000000</us-gaap:NetCashProvidedByUsedInInvestingActivitiesContinuingOperations>
  <us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2263" unitRef="USD">21000000</us-gaap:ProceedsFromIssuanceOfOtherLongTermDebt>
  <us-gaap:RepaymentsOfOtherLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2264" unitRef="USD">111000000</us-gaap:RepaymentsOfOtherLongTermDebt>
  <us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2265" unitRef="USD">-419000000</us-gaap:NetCashProvidedByUsedInFinancingActivitiesContinuingOperations>
  <us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2266" unitRef="USD">-65000000</us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
  <us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2267" unitRef="USD">20000000</us-gaap:IncreaseDecreaseInAccountsReceivableRelatedParties>
  <us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2268" unitRef="USD">109000000</us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable>
  <mbi:EquityInNetIncomeLossOfSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2269" unitRef="USD">189000000</mbi:EquityInNetIncomeLossOfSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2270" unitRef="USD">116000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:NetOtherThanTemporaryImpairments contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2271" unitRef="USD">4000000</mbi:NetOtherThanTemporaryImpairments>
  <mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2272" unitRef="USD">59000000</mbi:IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2273" unitRef="USD">-21000000</mbi:IncreaseDecreaseInOtherNetRealizedGainsLosses>
  <us-gaap:DeferredIncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2274" unitRef="USD">0</us-gaap:DeferredIncomeTaxExpenseBenefit>
  <mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2275" unitRef="USD">0</mbi:AdjustmentGainsLossesOnExtinguishmentOfDebt>
  <us-gaap:OtherNoncashIncomeExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2276" unitRef="USD">-18000000</us-gaap:OtherNoncashIncomeExpense>
  <us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2277" unitRef="USD">-42000000</us-gaap:AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2278" unitRef="USD">100000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_2279" unitRef="USD">35000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_2280" unitRef="USD">350000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_2281" unitRef="USD">394000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <us-gaap:ShortTermInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_SecuritiesPledgedAsCollateralMember" decimals="-6" id="ID_2282" unitRef="USD">6000000</us-gaap:ShortTermInvestments>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_2283" unitRef="USD">237000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember" decimals="-6" id="ID_2284" unitRef="USD">276000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_2285" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_2286" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_2287" unitRef="USD">114000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_TrifiniumHoldingsLimitedMember" decimals="-6" id="ID_2288" unitRef="USD">1000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaServicesCorporationMember" decimals="-6" id="ID_2289" unitRef="USD">1000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_2290" unitRef="USD">2700000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_2291" unitRef="USD">2200000000</us-gaap:VariableInterestEntityConsolidatedCarryingAmountLiabilities>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2292" unitRef="USD">20088000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_2293" unitRef="USD">44306000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2294" unitRef="USD">64394000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2295" unitRef="USD">3167000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2296" unitRef="USD">9146000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2297" unitRef="USD">257000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2298" unitRef="USD">4893000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2299" unitRef="USD">2625000000</us-gaap:VariableInterestEntityNonconsolidatedCarryingAmountAssets>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2300" unitRef="USD">10391000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_2301" unitRef="USD">12051000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2302" unitRef="USD">22442000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2303" unitRef="USD">1914000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2304" unitRef="USD">4796000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2305" unitRef="USD">145000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2306" unitRef="USD">1331000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2307" unitRef="USD">2205000000</us-gaap:VariableInterestEntityEntityMaximumLossExposureAmount>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2308" unitRef="USD">76000000</us-gaap:Investments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2309" unitRef="USD">76000000</us-gaap:Investments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2310" unitRef="USD">51000000</us-gaap:Investments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2311" unitRef="USD">20000000</us-gaap:Investments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2312" unitRef="USD">5000000</us-gaap:Investments>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2313" unitRef="USD">55000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_2314" unitRef="USD">11000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2315" unitRef="USD">66000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2316" unitRef="USD">2000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2317" unitRef="USD">28000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2318" unitRef="USD">7000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2319" unitRef="USD">18000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2320" unitRef="USD">306000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2321" unitRef="USD">306000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2322" unitRef="USD">304000000</mbi:InsuranceLossRecoverable>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_2323" unitRef="USD">20000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2324" unitRef="USD">5000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_2325" unitRef="USD">8000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2326" unitRef="USD">27000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-6" id="ID_2327" unitRef="USD">325000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_2328" unitRef="USD">73000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2329" unitRef="USD">70000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_TotalInsuranceMember" decimals="-6" id="ID_2330" unitRef="USD">406000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-6" id="ID_2331" unitRef="USD">18000000</us-gaap:UnearnedPremiums>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2332" unitRef="USD">52000000</us-gaap:UnearnedPremiums>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-6" id="ID_2333" unitRef="USD">406000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2334" unitRef="USD">504000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2335" unitRef="USD">541000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2336" unitRef="USD">792000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2337" unitRef="USD">409000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2338" unitRef="USD">916000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2339" unitRef="USD">404000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2340" unitRef="USD">476000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_ValuationTechniqueAxis_mbi_DiscountedCashFlowMember" decimals="-6" id="ID_2341" unitRef="USD">20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2342" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2343" unitRef="pure">0.28</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2344" unitRef="pure">0.03</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2345" unitRef="pure">0.54</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2346" unitRef="pure">0</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_UnobservableInputAxis_mbi_ImpactOfFinancialGuaranteeMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_VariableInterestEntityNotesMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_2347" unitRef="pure">0.24</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="-6" id="ID_2348" unitRef="USD">0</mbi:FairValueMeasurementRangeDollars>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember" decimals="-6" id="ID_2349" unitRef="USD">42000000</mbi:FairValueMeasurementRangeDollars>
  <mbi:FairValueMeasurementRangeDollars contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_mbi_UnobservableInputAxis_mbi_DiscountedCashFlowsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="-6" id="ID_2350" unitRef="USD">83000000</mbi:FairValueMeasurementRangeDollars>
  <us-gaap:AvailableForSaleSecuritiesCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2351" unitRef="USD">552000000</us-gaap:AvailableForSaleSecuritiesCurrent>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2352" unitRef="USD">8000000</us-gaap:OtherInvestments>
  <us-gaap:Investments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2353" unitRef="USD">5633000000</us-gaap:Investments>
  <us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2354" unitRef="USD">233000000</us-gaap:AvailableForSaleSecuritiesPledgedAsCollateral>
  <us-gaap:AvailableForSaleSecuritiesNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2355" unitRef="USD">4694000000</us-gaap:AvailableForSaleSecuritiesNoncurrent>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2356" unitRef="USD">146000000</us-gaap:TradingSecurities>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2357" unitRef="USD">163000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2358" unitRef="USD">113000000</us-gaap:OtherAssets>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2359" unitRef="USD">970000000</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2360" unitRef="USD">555000000</us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2361" unitRef="USD">504000000</mbi:InsuranceLossRecoverable>
  <us-gaap:LoansReceivableFairValueDisclosure contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2362" unitRef="USD">1066000000</us-gaap:LoansReceivableFairValueDisclosure>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2363" unitRef="USD">11137000000</us-gaap:Assets>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2364" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:TradingSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2365" unitRef="USD">255000000</us-gaap:TradingSecurities>
  <us-gaap:OtherAssets contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2366" unitRef="USD">33000000</us-gaap:OtherAssets>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2367" unitRef="USD">958000000</us-gaap:UnearnedPremiums>
  <us-gaap:OtherLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2368" unitRef="USD">233000000</us-gaap:OtherLiabilities>
  <us-gaap:DerivativeLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2369" unitRef="USD">299000000</us-gaap:DerivativeLiabilities>
  <us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2370" unitRef="USD">346000000</us-gaap:LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2371" unitRef="USD">895000000</us-gaap:MediumTermNotes>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2372" unitRef="USD">1986000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2373" unitRef="USD">541000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2374" unitRef="USD">399000000</us-gaap:BorrowingsUnderGuaranteedInvestmentAgreements>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2375" unitRef="USD">404000000</mbi:LoanRepurchaseCommitments>
  <us-gaap:Cash contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2376" unitRef="USD">24000000</us-gaap:Cash>
  <us-gaap:DeferredPolicyAcquisitionCosts contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2377" unitRef="USD">118000000</us-gaap:DeferredPolicyAcquisitionCosts>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2378" unitRef="USD">409000000</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2379" unitRef="USD">2241000000</us-gaap:NotesPayable>
  <us-gaap:Liabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2380" unitRef="USD">7898000000</us-gaap:Liabilities>
  <us-gaap:TreasuryStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2381" unitRef="USD">2789000000</us-gaap:TreasuryStockValue>
  <us-gaap:CommonStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2382" unitRef="USD">284000000</us-gaap:CommonStockValue>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2383" unitRef="USD">-128000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AdditionalPaidInCapital contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2384" unitRef="USD">3160000000</us-gaap:AdditionalPaidInCapital>
  <us-gaap:PreferredStockValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2385" unitRef="USD">0</us-gaap:PreferredStockValue>
  <us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2386" unitRef="USD">2700000000</us-gaap:RetainedEarningsAccumulatedDeficit>
  <us-gaap:LiabilitiesAndStockholdersEquity contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2387" unitRef="USD">11137000000</us-gaap:LiabilitiesAndStockholdersEquity>
  <us-gaap:MinorityInterestAmountRepresentedByPreferredStock contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2388" unitRef="USD">12000000</us-gaap:MinorityInterestAmountRepresentedByPreferredStock>
  <us-gaap:StockholdersEquity contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2389" unitRef="USD">3227000000</us-gaap:StockholdersEquity>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2390" unitRef="USD">3239000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:CommitmentsAndContingencies contextRef="AS_OF_Dec31_2016_Entity_0000814585" id="ID_2391" unitRef="USD" xsi:nil="true"/>
  <us-gaap:InvestmentOwnedAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2392" unitRef="USD">5000000</us-gaap:InvestmentOwnedAtFairValue>
  <us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2393" unitRef="USD">552000000</us-gaap:AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost>
  <mbi:InvestmentsPledgedAsCollateralAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2394" unitRef="USD">234000000</mbi:InvestmentsPledgedAsCollateralAmortizedCost>
  <us-gaap:NotesPayableFairValueDisclosure contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2395" unitRef="USD">101000000</us-gaap:NotesPayableFairValueDisclosure>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2396" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2397" unitRef="USD">4713000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:PreferredStockSharesAuthorized contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2398" unitRef="shares">10000000</us-gaap:PreferredStockSharesAuthorized>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2399" unitRef="shares">0</us-gaap:PreferredStockSharesIssued>
  <us-gaap:DebtInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2400" unitRef="USD">1351000000</us-gaap:DebtInstrumentFairValue>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_2401" unitRef="USDPerShare">1</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2402" unitRef="shares">0</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:CommonStockSharesAuthorized contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2403" unitRef="shares">400000000</us-gaap:CommonStockSharesAuthorized>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2404" unitRef="shares">283989999</us-gaap:CommonStockSharesIssued>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2405" unitRef="shares">148789168</us-gaap:TreasuryStockShares>
  <us-gaap:CommonStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_2406" unitRef="USDPerShare">1</us-gaap:CommonStockParOrStatedValuePerShare>
  <mbi:Accumulatedothercomprehensiveincomelossdeferredincometaxes contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2407" unitRef="USD">37000000</mbi:Accumulatedothercomprehensiveincomelossdeferredincometaxes>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2408" unitRef="USD">-80000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2409" unitRef="USD">-27000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2410" unitRef="USD">-53000000</us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2411" unitRef="USD">7000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2412" unitRef="USD">3000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax>
  <us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2413" unitRef="USD">4000000</us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2414" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2415" unitRef="USD">-1000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax>
  <mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2416" unitRef="USD">-2000000</mbi:OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2417" unitRef="USD">-4000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2418" unitRef="USD">-1000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax>
  <mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2419" unitRef="USD">-3000000</mbi:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2420" unitRef="USD">-40000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2421" unitRef="USD">-14000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax>
  <us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2422" unitRef="USD">-26000000</us-gaap:OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2423" unitRef="USD">-82000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:ComprehensiveIncomeNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2424" unitRef="USD">98000000</us-gaap:ComprehensiveIncomeNetOfTax>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2425" unitRef="USD">282000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2426" unitRef="USD">3038000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2427" unitRef="USD">3741000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2428" unitRef="shares">130303241</us-gaap:TreasuryStockShares>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="INF" id="ID_2429" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2430" unitRef="shares">281833618</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2431" unitRef="USD">3138000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2432" unitRef="USD">-61000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2433" unitRef="USD">12000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2434" unitRef="USD">-2668000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2435" unitRef="USD">3729000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AdditionalPaidInCapitalMember" decimals="-6" id="ID_2436" unitRef="USD">3160000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:TreasuryStockShares contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="INF" id="ID_2437" unitRef="shares">148789168</us-gaap:TreasuryStockShares>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_TreasuryStockMember" decimals="-6" id="ID_2438" unitRef="USD">-2789000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="-6" id="ID_2439" unitRef="USD">284000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_RetainedEarningsMember" decimals="-6" id="ID_2440" unitRef="USD">2700000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="INF" id="ID_2441" unitRef="shares">1315</us-gaap:PreferredStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_ParentMember" decimals="-6" id="ID_2442" unitRef="USD">3227000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:CommonStockSharesIssued contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_CommonStockMember" decimals="INF" id="ID_2443" unitRef="shares">283989999</us-gaap:CommonStockSharesIssued>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_2444" unitRef="USD">-128000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2445" unitRef="USD">12000000</us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest>
  <mbi:EffectOfNewAccountingPrinciple contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" decimals="-6" id="ID_2446" unitRef="USD">-9000000</mbi:EffectOfNewAccountingPrinciple>
  <mbi:EffectOfNewAccountingPrinciple contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2447" unitRef="USD">-9000000</mbi:EffectOfNewAccountingPrinciple>
  <us-gaap:CashIncludingDiscontinuedOperations contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2448" unitRef="USD">73000000</us-gaap:CashIncludingDiscontinuedOperations>
  <us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2449" unitRef="USD">187000000</us-gaap:CashAndCashEquivalentsAtCarryingValue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2450" unitRef="USD">825000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2451" unitRef="USD">825000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2452" unitRef="USD">521000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2453" unitRef="USD">26000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2454" unitRef="USD">112000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2455" unitRef="USD">1440000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2456" unitRef="USD">9000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2457" unitRef="USD">1332000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2458" unitRef="USD">868000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2459" unitRef="USD">45000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2460" unitRef="USD">43000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2461" unitRef="USD">7000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2462" unitRef="USD">257000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2463" unitRef="USD">4113000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_2464" unitRef="USD">9000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_2465" unitRef="USD">3000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2466" unitRef="USD">44000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2467" unitRef="USD">61000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2468" unitRef="USD">937000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2469" unitRef="USD">1440000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2470" unitRef="USD">9000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_2471" unitRef="USD">1334000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2472" unitRef="USD">868000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2473" unitRef="USD">45000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_2474" unitRef="USD">43000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2475" unitRef="USD">22000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_2476" unitRef="USD">301000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2477" unitRef="USD">4999000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2478" unitRef="USD">521000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2479" unitRef="USD">35000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_FixedIncomeFundsMember" decimals="-6" id="ID_2480" unitRef="USD">75000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember" decimals="-6" id="ID_2481" unitRef="USD">3000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_2482" unitRef="USD">1559000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2483" unitRef="USD">27000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2484" unitRef="USD">149000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2485" unitRef="USD">52000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2486" unitRef="USD">7000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2487" unitRef="USD">18000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_2488" unitRef="USD">4378000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2489" unitRef="USD">1000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2490" unitRef="USD">916000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2491" unitRef="USD">150000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2492" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2493" unitRef="USD">1552000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2494" unitRef="USD">404000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2495" unitRef="USD">27000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2496" unitRef="USD">149000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2497" unitRef="USD">52000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2498" unitRef="USD">8000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2499" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2500" unitRef="USD">916000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_LoansreceivableatfairvalueMember_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2501" unitRef="USD">150000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeAssetsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2502" unitRef="USD">19000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2503" unitRef="USD">7564000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2504" unitRef="USD">404000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2505" unitRef="USD">2000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2506" unitRef="USD">213000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_2507" unitRef="USD">33000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2508" unitRef="USD">875000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member" decimals="-6" id="ID_2509" unitRef="USD">1123000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2510" unitRef="USD">101000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2511" unitRef="USD">64000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2512" unitRef="USD">20000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2513" unitRef="USD">476000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2514" unitRef="USD">661000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember" decimals="-6" id="ID_2515" unitRef="USD">101000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_InsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2516" unitRef="USD">66000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_InterestRateDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2517" unitRef="USD">213000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativesMember_us-gaap_FairValueByLiabilityClassAxis_mbi_NonInsuredDerivativesMember_us-gaap_InvestmentTypeAxis_mbi_DerivativeLiabilitiesMember" decimals="-6" id="ID_2518" unitRef="USD">20000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_WarrantMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherLiabilitiesMember" decimals="-6" id="ID_2519" unitRef="USD">33000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_InvestmentTypeAxis_mbi_LiabilitiesOfConsolidatedViesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2520" unitRef="USD">1351000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:LiabilitiesFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2521" unitRef="USD">1784000000</us-gaap:LiabilitiesFairValueDisclosureRecurring>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2522" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2523" unitRef="USD">0</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2524" unitRef="USD">308000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2525" unitRef="USD">1030000000</us-gaap:LongTermDebtFairValue>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2526" unitRef="USD">0</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel2Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2527" unitRef="USD">1030000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2528" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2529" unitRef="USD">876000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2530" unitRef="USD">478000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2531" unitRef="USD">508000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2532" unitRef="USD">882000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2533" unitRef="USD">1868000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2534" unitRef="USD">2638000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2535" unitRef="USD">18000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2536" unitRef="USD">2000000</us-gaap:OtherInvestments>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2537" unitRef="USD">0</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2538" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2539" unitRef="USD">1184000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2540" unitRef="USD">1030000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2541" unitRef="USD">478000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2542" unitRef="USD">508000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2543" unitRef="USD">0</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2544" unitRef="USD">882000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2545" unitRef="USD">2898000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2546" unitRef="USD">2638000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_EstimateOfFairValueFairValueDisclosureMember" decimals="-6" id="ID_2547" unitRef="USD">18000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:OtherInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2548" unitRef="USD">3000000</us-gaap:OtherInvestments>
  <us-gaap:AccruedInvestmentIncomeReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2549" unitRef="USD">0</us-gaap:AccruedInvestmentIncomeReceivable>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2550" unitRef="USD">890000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AssetsFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2551" unitRef="USD">1199000000</us-gaap:AssetsFairValueDisclosureNonrecurring>
  <us-gaap:LongTermDebtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2552" unitRef="USD">1986000000</us-gaap:LongTermDebtFairValue>
  <us-gaap:MediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2553" unitRef="USD">794000000</us-gaap:MediumTermNotes>
  <mbi:GuaranteedInvestmentAgreementsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2554" unitRef="USD">399000000</mbi:GuaranteedInvestmentAgreementsFairValue>
  <mbi:PayableForInvestmentsPurchasedFairValueDisclosure contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2555" unitRef="USD">0</mbi:PayableForInvestmentsPurchasedFairValueDisclosure>
  <us-gaap:NotesPayable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2556" unitRef="USD">890000000</us-gaap:NotesPayable>
  <us-gaap:LiabilitiesFairValueDisclosureNonrecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2557" unitRef="USD">4069000000</us-gaap:LiabilitiesFairValueDisclosureNonrecurring>
  <mbi:FinancialGuaranteeGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2558" unitRef="USD">995000000</mbi:FinancialGuaranteeGross>
  <mbi:FinancialGuaranteeCeded contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_us-gaap_FairValueByMeasurementBasisAxis_us-gaap_CarryingReportedAmountFairValueDisclosureMember" decimals="-6" id="ID_2559" unitRef="USD">43000000</mbi:FinancialGuaranteeCeded>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2560" unitRef="USD">1552000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2561" unitRef="USD">44000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2562" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CurrencyDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2563" unitRef="USD">19000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_ResidentialPortfolioSegmentMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2564" unitRef="USD">916000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_us-gaap_LoansReceivableMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2565" unitRef="USD">150000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_mbi_LoanRepurchaseCommitmentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2566" unitRef="USD">404000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2567" unitRef="USD">661000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_MediumTermNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2568" unitRef="USD">101000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2569" unitRef="USD">64000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherDerivativeLiabilitiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_2570" unitRef="USD">20000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_VariableInterestEntityNotesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2571" unitRef="USD">476000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2572" unitRef="USD">965000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2573" unitRef="USD">894000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2574" unitRef="USD">71000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2575" unitRef="USD">121000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference>
  <us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2576" unitRef="USD">22000000</us-gaap:FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus>
  <us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_ResidentialMortgageLoansMember" decimals="-6" id="ID_2577" unitRef="USD">143000000</us-gaap:FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_2578" unitRef="USD">150000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_2579" unitRef="USD">150000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_2580" unitRef="USD">0</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2581" unitRef="USD">1258000000</mbi:FairValueOptionContractualOutstandingPrincipalLoansReceivable>
  <mbi:FairValueOptionAggregateFairValueLoansReceivable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2582" unitRef="USD">1066000000</mbi:FairValueOptionAggregateFairValueLoansReceivable>
  <us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2583" unitRef="USD">192000000</us-gaap:FairValueOptionAggregateDifferencesLoansAndLongTermReceivables>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2584" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:HeldToMaturitySecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2585" unitRef="USD">890000000</us-gaap:HeldToMaturitySecurities>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2586" unitRef="USD">5450000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2587" unitRef="USD">517000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2588" unitRef="USD">4000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2589" unitRef="USD">4929000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2590" unitRef="USD">909000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2591" unitRef="USD">1382000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2592" unitRef="USD">8000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2593" unitRef="USD">1352000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2594" unitRef="USD">871000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2595" unitRef="USD">50000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2596" unitRef="USD">41000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2597" unitRef="USD">22000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:AvailableForSaleSecuritiesAmortizedCost contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2598" unitRef="USD">294000000</us-gaap:AvailableForSaleSecuritiesAmortizedCost>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2599" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2600" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2601" unitRef="USD">129000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2602" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2603" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2604" unitRef="USD">128000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2605" unitRef="USD">30000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2606" unitRef="USD">72000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2607" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2608" unitRef="USD">20000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2609" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2610" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2611" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2612" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2613" unitRef="USD">2000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2614" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2615" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2616" unitRef="USD">148000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2617" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2618" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2619" unitRef="USD">148000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2620" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2621" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2622" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2623" unitRef="USD">102000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2624" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2625" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2626" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2627" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2628" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2629" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:HeldToMaturitySecuritiesFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2630" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesFairValue>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2631" unitRef="USD">5431000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2632" unitRef="USD">517000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2633" unitRef="USD">5000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2634" unitRef="USD">4909000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2635" unitRef="USD">929000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2636" unitRef="USD">1439000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2637" unitRef="USD">8000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2638" unitRef="USD">1270000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2639" unitRef="USD">862000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2640" unitRef="USD">45000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2641" unitRef="USD">41000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2642" unitRef="USD">22000000</us-gaap:AvailableForSaleSecurities>
  <us-gaap:AvailableForSaleSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2643" unitRef="USD">293000000</us-gaap:AvailableForSaleSecurities>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2644" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2645" unitRef="USD">0</mbi:HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2646" unitRef="USD">75000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_MoneyMarketSecuritiesMember" decimals="-6" id="ID_2647" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember" decimals="-6" id="ID_2648" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2649" unitRef="USD">75000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2650" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2651" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2652" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2653" unitRef="USD">73000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2654" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2655" unitRef="USD">3000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2656" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2657" unitRef="USD">0</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2658" unitRef="USD">-1000000</mbi:AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2659" unitRef="USD">1872000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2660" unitRef="USD">432000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2661" unitRef="USD">339000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2662" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2663" unitRef="USD">534000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2664" unitRef="USD">436000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2665" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2666" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2667" unitRef="USD">7000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2668" unitRef="USD">112000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2669" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2670" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2671" unitRef="USD">62000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2672" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2673" unitRef="USD">13000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2674" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2675" unitRef="USD">29000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2676" unitRef="USD">9000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2677" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2678" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2679" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2680" unitRef="USD">1000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2681" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2682" unitRef="USD">0</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2683" unitRef="USD">300000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2684" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2685" unitRef="USD">18000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2686" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2687" unitRef="USD">52000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2688" unitRef="USD">122000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2689" unitRef="USD">29000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2690" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2691" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2692" unitRef="USD">49000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2693" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2694" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2695" unitRef="USD">86000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2696" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2697" unitRef="USD">2000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2698" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2699" unitRef="USD">73000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2700" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2701" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2702" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2703" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2704" unitRef="USD">2000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2705" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2706" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2707" unitRef="USD">2172000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2708" unitRef="USD">432000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2709" unitRef="USD">357000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2710" unitRef="USD">5000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2711" unitRef="USD">586000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2712" unitRef="USD">558000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2713" unitRef="USD">30000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2714" unitRef="USD">21000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2715" unitRef="USD">22000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2716" unitRef="USD">161000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2717" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2718" unitRef="USD">876000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2719" unitRef="USD">148000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USTreasuryAndGovernmentMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2720" unitRef="USD">10000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2721" unitRef="USD">15000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2722" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2723" unitRef="USD">102000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2724" unitRef="USD">12000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_ResidentialMortgageBackedNonAgencyMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2725" unitRef="USD">6000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2726" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2727" unitRef="USD">0</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_OtherAssetBackedMember_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember" decimals="-6" id="ID_2728" unitRef="USD">3000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2729" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CorporateDebtSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2730" unitRef="USD">14000000</us-gaap:HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2731" unitRef="USD">29000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2732" unitRef="USD">16000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2733" unitRef="USD">10000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2734" unitRef="USD">1000000</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2735" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2736" unitRef="USD">1145000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedGains contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2737" unitRef="USD">32000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedGains>
  <us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2738" unitRef="USD">16000000</us-gaap:AvailableForSaleSecuritiesGrossRealizedLosses>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2739" unitRef="USD">115000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2740" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2741" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2742" unitRef="USD">137000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2743" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2744" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2745" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2746" unitRef="USD">2261000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2747" unitRef="USD">1000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2748" unitRef="USD">0</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingAaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2749" unitRef="USD">137000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingaMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2750" unitRef="USD">2146000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2751" unitRef="USD">1152000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2752" unitRef="USD">493000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2753" unitRef="USD">473000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2754" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2755" unitRef="USD">64000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2756" unitRef="USD">1000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2757" unitRef="USD">732000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBbbMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2758" unitRef="USD">420000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_ExternalCreditRatingByGroupingAxis_mbi_CreditRatingBelowInvestmentGradeMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2759" unitRef="USD">20000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2760" unitRef="USD">66000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2761" unitRef="USD">64000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2762" unitRef="USD">4043000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_us-gaap_CreditDefaultSwapMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2763" unitRef="USD">588000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2764" unitRef="USD">3035000000</invest:DerivativeNotionalAmount>
  <us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2765" unitRef="USD">2000000</us-gaap:CreditRiskDerivativeLiabilitiesAtFairValue>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditDerivativesByContractTypeAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InsuranceOperationsMember" decimals="-6" id="ID_2766" unitRef="USD">420000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2767" unitRef="USD">71000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2768" unitRef="USD">5000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2769" unitRef="USD">35000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2770" unitRef="USD">0</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2771" unitRef="USD">83000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2772" unitRef="USD">5675000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2773" unitRef="USD">1062000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2774" unitRef="USD">3035000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2775" unitRef="USD">588000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2776" unitRef="USD">376000000</invest:DerivativeNotionalAmount>
  <invest:DerivativeNotionalAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsHeldForSaleMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2777" unitRef="USD">420000000</invest:DerivativeNotionalAmount>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeAssetsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2778" unitRef="USD">25000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_OtherAssetsMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2779" unitRef="USD">3000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2780" unitRef="USD">2000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_OtherAssetsVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_CurrencySwapsVieMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2781" unitRef="USD">20000000</mbi:DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_CreditDefaultSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2782" unitRef="USD">64000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InsuredSwapsMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2783" unitRef="USD">2000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_us-gaap_InterestRateSwapMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2784" unitRef="USD">213000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_us-gaap_MediumTermNotesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsEmbeddedMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2785" unitRef="USD">17000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2786" unitRef="USD">316000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_AllOtherMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2787" unitRef="USD">20000000</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_BalanceSheetLocationAxis_mbi_DerivativeLiabilitiesVIEMember_us-gaap_DerivativeInstrumentRiskAxis_mbi_InterestRateSwapsVIEMember_us-gaap_HedgingDesignationAxis_us-gaap_NondesignatedMember" decimals="-6" id="ID_2788" unitRef="USD">0</mbi:DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="-6" id="ID_2789" unitRef="USD">265000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="-6" id="ID_2790" unitRef="USD">46000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="-6" id="ID_2791" unitRef="USD">100000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="-6" id="ID_2792" unitRef="USD">141000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="-6" id="ID_2793" unitRef="USD">21000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="-6" id="ID_2794" unitRef="USD">266000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="-6" id="ID_2795" unitRef="USD">46000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="-6" id="ID_2796" unitRef="USD">100000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="-6" id="ID_2797" unitRef="USD">141000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="-6" id="ID_2798" unitRef="USD">21000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:SurplusNotes contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2799" unitRef="USD">940000000</us-gaap:SurplusNotes>
  <us-gaap:SurplusNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2800" unitRef="USD">940000000</us-gaap:SurplusNotes>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2801" unitRef="USD">624000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <mbi:Issuancecostsdebt contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2802" unitRef="USD">16000000</mbi:Issuancecostsdebt>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2803" unitRef="USD">2121000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:InterestPayableCurrentAndNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2804" unitRef="USD">506000000</us-gaap:InterestPayableCurrentAndNoncurrent>
  <mbi:Issuancecostsdebt contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2805" unitRef="USD">34000000</mbi:Issuancecostsdebt>
  <us-gaap:LongTermDebtNoncurrent contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2806" unitRef="USD">1986000000</us-gaap:LongTermDebtNoncurrent>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" decimals="5" id="ID_2807" unitRef="pure">0.064</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" decimals="5" id="ID_2808" unitRef="pure">0.07</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" decimals="5" id="ID_2809" unitRef="pure">0.0715</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" decimals="5" id="ID_2810" unitRef="pure">0.06625</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" decimals="5" id="ID_2811" unitRef="pure">0.057</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="ID_2812">2022</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" id="ID_2813">2025</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" id="ID_2814">2027</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" id="ID_2815">2028</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" id="ID_2816">2034</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" id="ID_2817">2033</mbi:DebtInstrumentMaturityYear>
  <us-gaap:DebtInstrumentCallDateEarliest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="ID_2818">2006-08-15</us-gaap:DebtInstrumentCallDateEarliest>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2819" unitRef="USD">265000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2820" unitRef="USD">308000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_CorporateDebtSecuritiesMember" decimals="-6" id="ID_2821" unitRef="USD">573000000</us-gaap:LongTermDebt>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2822" unitRef="USD">940000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" decimals="-6" id="ID_2823" unitRef="USD">940000000</us-gaap:LongTermDebt>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2824" unitRef="USD">265000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive>
  <us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2825" unitRef="USD">1248000000</us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive>
  <us-gaap:LongTermDebt contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_2826" unitRef="USD">1513000000</us-gaap:LongTermDebt>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2827" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <us-gaap:OtherIncome contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2828" unitRef="USD">2000000</us-gaap:OtherIncome>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2829" unitRef="USD">5077000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_2830" unitRef="USD">2479000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_2831" unitRef="USD">6486000000</us-gaap:Assets>
  <us-gaap:Assets contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_IntersegmentEliminationMember" decimals="-6" id="ID_2832" unitRef="USD">-2905000000</us-gaap:Assets>
  <dei:EntityWellKnownSeasonedIssuer contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2833">Yes</dei:EntityWellKnownSeasonedIssuer>
  <dei:EntityVoluntaryFilers contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2834">No</dei:EntityVoluntaryFilers>
  <dei:EntityPublicFloat contextRef="AS_OF_Jun30_2017_Entity_0000814585" decimals="0" id="ID_2835" unitRef="USD">1141143207</dei:EntityPublicFloat>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_2836" unitRef="pure">-1.428</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <us-gaap:EffectiveIncomeTaxRateContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_2837" unitRef="pure">0.002</us-gaap:EffectiveIncomeTaxRateContinuingOperations>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="0" id="ID_2838" unitRef="shares">2325300</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2839" unitRef="USD">6000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2840" unitRef="USD">-134000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="-6" id="ID_2841" unitRef="USD">21000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2842" unitRef="USD">34000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2843" unitRef="USD">-13000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_2844" unitRef="USD">-61000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2845" unitRef="USD">-22000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_2846" unitRef="USD">-39000000</us-gaap:AccumulatedOtherComprehensiveIncomeLossNetOfTax>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2847" unitRef="USD">11000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2848" unitRef="USD">4000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities>
  <us-gaap:NetInvestmentIncome contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2849" unitRef="USD">-4000000</us-gaap:NetInvestmentIncome>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2850" unitRef="USD">3000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeTaxExpenseBenefit contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_2851" unitRef="USD">2000000</us-gaap:IncomeTaxExpenseBenefit>
  <mbi:GrossReserveRecoveriesOnUnpaidLosses contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_RecoveriesOnUnpaidLossesMember" decimals="-6" id="ID_2852" unitRef="USD">79000000</mbi:GrossReserveRecoveriesOnUnpaidLosses>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_2853" unitRef="USD">504000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2854" unitRef="USD">583000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses>
  <mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2855" unitRef="USD">11000000</mbi:FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities>
  <us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2856" unitRef="USD">416000000</us-gaap:SecurityOwnedAndPledgedAsCollateralFairValue>
  <mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2857" unitRef="USD">6000000</mbi:CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_2858" unitRef="Security">46</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_FairValueBelowBookValueGreaterThanFivePercentMember" decimals="INF" id="ID_2859" unitRef="Security">12</mbi:InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod>
  <mbi:InsuranceRegulationsAndDividendsTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2860">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 14: Insurance Regulations and Dividends&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;National &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;are subject to insurance regulations and supervision of the State of New York (their state of incorporation) and all U.S. and non-U.S. jurisdictions in which they are licensed to conduct insurance business. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;In order to maintain their New York State financi&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al guarantee insurance license, National and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA Insurance Corporation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are required to maintain a minimum of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;65&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million of policyholders&amp;#8217; surplus. MBIA Mexico is regulated by the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Comisi&amp;#243;n &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Nacional de Seguros y Fianzas in Mexico. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The extent of insurance r&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;egulation and supervision varies by jurisdiction, but New York and most other jurisdictions have laws and regulations prescribing minimum standards of solvency and business conduct, which must be maintained by insurance companies. Among other things, these&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; laws prescribe permitted classes and concentrations of investments and limit both the aggregate and individual securities risks that &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; may insure on a net basis based on the type of obligations insured. In addition, s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ome insurance laws and regulations require the approval or filing of policy forms and rates. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are required to file detailed annual financial statements with the NYSDFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; The operations and accounts of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;National and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;MBIA&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; are subject to examination by regulatory agencies at regular intervals.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Statutory Capital and Regulations&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;National&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;For the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National h&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ad a statutory net loss of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;321&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;statutory net income of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;192&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, Nation&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;al&amp;#8217;s statutory capital was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion, consisting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policyholders&amp;#8217; surplus of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2.2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion a&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nd &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;contingency reserves of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;594&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National had statutory capital of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3.5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' &gt;MBIA Insurance Corporation &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;&amp;#8217;s statut&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ory capital &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;464&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion, consisting of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; policyholders&amp;#8217; surplus of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;237&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and contingency reserve of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;227&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; had statutory capital of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;492&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;m&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;illion.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Insurance Corporation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;was in compliance with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;its aggregate risk limits under the NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, but was not in compliance with certain of its single risk limits. If new overages occur with resp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ect to its single risk limits, MBIA Insurance Corporation will report them to the NYSDFS. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to provide protection to policyholders in the event of extreme losses &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding, refinancings and certain insured securities). Under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of its loss reserves and unearned premium reserves, in certain qualifying assets. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA Insurance Corpo&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ration maintained its minimum requirement of policyholders&amp;#8217; surplus but did not have &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;enough qualifying assets to support its contingency reserves and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;50&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of its loss reserves and unearned premium reserves. Not having enough qualifying as&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sets&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; to support its contingency reserves limits the amount of earned surplus that might otherwise be available for the payment of dividends.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;eductions in the contingency reserve may be recognized based on excess reserves and under certain stipulated &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;condition&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s, subject to the approval of the Superintendent of the NYSDFS&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;Under NYIL, MBIA Insurance Corporation is required to maintain admitted assets greater than the aggregate amount of liabilities and outstanding capital stock. As of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance Corporation&amp;#8217;s admitted assets did not exceed the aggregate amount of its liabilities and outstanding capital stock. If MBIA Insurance Corporation is not in compliance with the above mentioned requirements, the NYSDFS may prevent MBIA Insurance Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rporation from transacting any new financial guarantee insurance business until it no longer exceeds the limitations.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;R&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;esults of operations for MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; determined in accordance with statutory accounting practices for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; were statutory net income of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;107&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; a statutory net loss of&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;323&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;For the year ended December 31, 2016, MBIA Insurance Corporation &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;recorded a loss of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;114&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to adjust the carrying value of MBIA UK to its estimated fair value less costs to sell. In addition, MBIA Insurance Corporation&amp;#8217;s policyholders&amp;#8217; surplus was negatively impacted as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; by &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;112&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; milli&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;on, as it was not permitted to treat the portion of its investment in subsidiaries in excess of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of net admitted assets less the par value of common and preferred stock and liabilities as an admitted asset, as required under NYI&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;L. MBIA Insurance Corporation&amp;#8217;s policyholders&amp;#8217; su&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;rplus as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; included negative unassigned surplus of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1.8&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; billion. MBIA Insurance Corporation&amp;#8217;s policyholders&amp;#8217; surplus may be further negatively imp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;acted if future additional insured losses are incurred&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' &gt;Dividends&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;NYIL&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; regulates the payment of dividends by financial guarantee insurance companies and provides that such comp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;anies may not declare or distribute &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;dividends except out of statutory earned surplus. Under &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;N&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;YIL, the sum of (i)&amp;#160;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&amp;#160;the dividend to be declared may not exceed the le&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;sser of (a)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of policyholders&amp;#8217; surplus, as reported in the latest statutory financial statements or (b)&amp;#160;&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of adjusted net investment income for such 12-month period (the net investment income for such 12-month peri&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;od plus the excess, if any, of net investment income over dividends declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding th&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;at the insurer will retain sufficient surplus to support its obligations.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, National declared and paid dividends of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;118&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million to its ultimate parent, MBIA Inc.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; did not declare&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; or pay any dividends to MBIA Inc. or the holders of its preferred stock. MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; is currently unable to pay dividends, including those related to its preferred stock, as a result of its earned surplus deficit as of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;and is not expected to have any statutory capacity to pay any dividends in the near term. In connection with MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oration&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; obtaining approval from the NYSDFS to release excess contingency reserves &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;in previous periods&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, MBIA &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Insurance &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;Corp&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;oratio&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;n&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; agreed that it would not pay any dividends without prior approval from the NYSDFS.&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</mbi:InsuranceRegulationsAndDividendsTextBlock>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="-6" id="ID_2861" unitRef="USD">65000000</mbi:StatutoryAccountingPracticesSurplus>
  <us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2862" unitRef="USD">192000000</us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount>
  <mbi:StatutoryAccountingPracticesStatutoryNetLossAmount contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2863" unitRef="USD">323000000</mbi:StatutoryAccountingPracticesStatutoryNetLossAmount>
  <us-gaap:GainOrLossOnSaleOfStockInSubsidiary contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_2864" unitRef="USD">114000000</us-gaap:GainOrLossOnSaleOfStockInSubsidiary>
  <mbi:StatutoryAccountingPracticesCapital contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2865" unitRef="USD">2800000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesCapital contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2866" unitRef="USD">3500000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-8" id="ID_2867" unitRef="USD">2200000000</mbi:StatutoryAccountingPracticesSurplus>
  <mbi:StatutoryAccountingPracticesContingencyReserves contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2868" unitRef="USD">594000000</mbi:StatutoryAccountingPracticesContingencyReserves>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2869" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_2870" unitRef="USD">118000000</us-gaap:CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries>
  <mbi:StatutorySurplusNegativeImpact contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="-6" id="ID_2871" unitRef="USD">112000000</mbi:StatutorySurplusNegativeImpact>
  <mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="5" id="ID_2872" unitRef="pure">0.6</mbi:MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries>
  <mbi:StatutoryAccountingPracticesCapital contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2873" unitRef="USD">464000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesCapital contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2874" unitRef="USD">492000000</mbi:StatutoryAccountingPracticesCapital>
  <mbi:StatutoryAccountingPracticesSurplus contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2875" unitRef="USD">237000000</mbi:StatutoryAccountingPracticesSurplus>
  <mbi:StatutoryAccountingPracticesContingencyReserves contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_2876" unitRef="USD">227000000</mbi:StatutoryAccountingPracticesContingencyReserves>
  <mbi:StatutoryAccountingPracticesUnassignedSurplus contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="-8" id="ID_2877" unitRef="USD">-1800000000</mbi:StatutoryAccountingPracticesUnassignedSurplus>
  <mbi:InvestmentsInCertainQualifingAssets contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_LossReservesAndUnearnedPremiumReservesMember" decimals="5" id="ID_2878" unitRef="pure">0.5</mbi:InvestmentsInCertainQualifingAssets>
  <mbi:PercentageOfPolicyholdersSurplus contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="5" id="ID_2879" unitRef="pure">0.1</mbi:PercentageOfPolicyholdersSurplus>
  <mbi:PercentageOfAdjustedNetInvestmentIncome contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="5" id="ID_2880" unitRef="pure">1</mbi:PercentageOfAdjustedNetInvestmentIncome>
  <us-gaap:ReinsuranceReceivablesCaseBasis contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2881" unitRef="USD">6000000</us-gaap:ReinsuranceReceivablesCaseBasis>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember" decimals="-6" id="ID_2882" unitRef="USD">26000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember" decimals="-6" id="ID_2883" unitRef="USD">48000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2884" unitRef="USD">174000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_2885" unitRef="USD">330000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2886" unitRef="USD">-221000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2887" unitRef="USD">551000000</mbi:InsuranceLossRecoverable>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2888" unitRef="USD">404000000</mbi:LoanRepurchaseCommitments>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_2889" unitRef="USD">404000000</mbi:LoanRepurchaseCommitments>
  <mbi:LoanRepurchaseCommitments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2890" unitRef="USD">404000000</mbi:LoanRepurchaseCommitments>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_USPublicFinanceInsuranceMember" decimals="-6" id="ID_2891" unitRef="USD">97000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" decimals="-6" id="ID_2892" unitRef="USD">444000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2893" unitRef="USD">-206000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_InternationalAndStructuredFinanceInsuranceMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2894" unitRef="USD">650000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="4" id="ID_2895" unitRef="pure">0.0207</us-gaap:FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember" decimals="-6" id="ID_2896" unitRef="USD">60000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LossAndLaeReservesMember" decimals="-6" id="ID_2897" unitRef="USD">541000000</us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2898" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="0" id="ID_2899" unitRef="Issues">17</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2900" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2901" unitRef="USD">9000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2902" unitRef="USD">2795000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2903" unitRef="USD">5712000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2904" unitRef="USD">2917000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="0" id="ID_2905" unitRef="Policies">90</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2906" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListLowMember" decimals="-6" id="ID_2907" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2908" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2909" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="0" id="ID_2910" unitRef="Issues">4</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2911" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2912" unitRef="USD">17000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2913" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2914" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2915" unitRef="USD">4000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="0" id="ID_2916" unitRef="Policies">6</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListMediumMember" decimals="-6" id="ID_2917" unitRef="USD">21000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2918" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2919" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2920" unitRef="USD">427000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2921" unitRef="USD">8000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2922" unitRef="USD">107000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="0" id="ID_2923" unitRef="Policies">3</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="0" id="ID_2924" unitRef="Issues">2</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2925" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2926" unitRef="USD">0</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_CautionListHighMember" decimals="-6" id="ID_2927" unitRef="USD">320000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2928" unitRef="USD">7031000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2929" unitRef="USD">718000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="0" id="ID_2930" unitRef="Policies">331</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2931" unitRef="USD">68000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="0" id="ID_2932" unitRef="Issues">126</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2933" unitRef="USD">9808000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2934" unitRef="USD">770000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2935" unitRef="USD">2777000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2936" unitRef="USD">-75000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585_mbi_SurveillanceCategoriesAxis_mbi_ClassifiedListMember" decimals="-6" id="ID_2937" unitRef="USD">23000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <mbi:NumberOfPolicies contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_2938" unitRef="Policies">430</mbi:NumberOfPolicies>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2939" unitRef="USD">15968000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2940" unitRef="USD">23000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2941" unitRef="USD">-75000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2942" unitRef="USD">718000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2943" unitRef="USD">770000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2944" unitRef="USD">10285000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2945" unitRef="USD">5683000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2946" unitRef="USD">85000000</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue>
  <us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_2947" unitRef="Issues">149</us-gaap:ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding>
  <us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2948" unitRef="USD">42000000</us-gaap:DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost>
  <us-gaap:DeferredTaxLiabilitiesInvestments contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2949" unitRef="USD">36000000</us-gaap:DeferredTaxLiabilitiesInvestments>
  <us-gaap:DeferredIncomeTaxLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2950" unitRef="USD">362000000</us-gaap:DeferredIncomeTaxLiabilities>
  <us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2951" unitRef="USD">64000000</us-gaap:DeferredTaxLiabilitiesUndistributedForeignEarnings>
  <mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2952" unitRef="USD">143000000</mbi:DeferredTaxLiabilitiesUnearnedPremiumRevenue>
  <mbi:DeferredTaxLiabilitiesDeferralOfCodIncome contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2953" unitRef="USD">46000000</mbi:DeferredTaxLiabilitiesDeferralOfCodIncome>
  <us-gaap:DeferredTaxLiabilitiesOther contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2954" unitRef="USD">27000000</us-gaap:DeferredTaxLiabilitiesOther>
  <mbi:DeferredTaxLiabilitiesVariableInterestEntities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2955" unitRef="USD">0</mbi:DeferredTaxLiabilitiesVariableInterestEntities>
  <us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2956" unitRef="USD">4000000</us-gaap:DeferredTaxLiabilitiesOtherComprehensiveIncome>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsForeign contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2957" unitRef="USD">7000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsForeign>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2958" unitRef="USD">26000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax>
  <us-gaap:DeferredTaxAssetsLiabilitiesNet contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2959" unitRef="USD">970000000</us-gaap:DeferredTaxAssetsLiabilitiesNet>
  <us-gaap:DeferredTaxAssetsGross contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2960" unitRef="USD">1339000000</us-gaap:DeferredTaxAssetsGross>
  <us-gaap:DeferredTaxAssetsOtherComprehensiveLoss contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2961" unitRef="USD">6000000</us-gaap:DeferredTaxAssetsOtherComprehensiveLoss>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2962" unitRef="USD">142000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2963" unitRef="USD">177000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities>
  <us-gaap:DeferredTaxAssetsDerivativeInstruments contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2964" unitRef="USD">0</us-gaap:DeferredTaxAssetsDerivativeInstruments>
  <mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2965" unitRef="USD">929000000</mbi:DeferredTaxAssetsNolsAndTaxCreditCarryforwards>
  <mbi:DeferredTaxAssetsInsuredDerivatives contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2966" unitRef="USD">29000000</mbi:DeferredTaxAssetsInsuredDerivatives>
  <mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2967" unitRef="USD">4000000</mbi:DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments>
  <us-gaap:DeferredTaxAssetsValuationAllowance contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2968" unitRef="USD">7000000</us-gaap:DeferredTaxAssetsValuationAllowance>
  <mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2969" unitRef="USD">2449000000</mbi:FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments>
  <mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2970" unitRef="USD">158000000</mbi:Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes>
  <mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2971" unitRef="USD">1351000000</mbi:FairValueOptionAggregateFairValueLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateFairValueMediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2972" unitRef="USD">101000000</mbi:FairValueOptionAggregateFairValueMediumTermNotes>
  <us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_2973" unitRef="USD">1098000000</us-gaap:FairValueOptionAggregateDifferencesLongTermDebtInstruments>
  <mbi:FairValueOptionAggregateDifferencesMediumTermNotes contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" decimals="-6" id="ID_2974" unitRef="USD">57000000</mbi:FairValueOptionAggregateDifferencesMediumTermNotes>
  <mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_2975" unitRef="USD">7600000000</mbi:AggregateAmountInsuranceInForceOutstandingCededToReinsurers>
  <mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_2976" unitRef="USD">4200000000</mbi:AggregateAmountOfInsuredParOutstandingCededToReinsurers>
  <us-gaap:ReinsurancePayable contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2977" unitRef="USD">26000000</us-gaap:ReinsurancePayable>
  <us-gaap:DerivativeCollateralRightToReclaimSecurities contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2978" unitRef="USD">276000000</us-gaap:DerivativeCollateralRightToReclaimSecurities>
  <us-gaap:DerivativeCollateralRightToReclaimCash contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2979" unitRef="USD">1000000</us-gaap:DerivativeCollateralRightToReclaimCash>
  <us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_2980" unitRef="USD">19000000</us-gaap:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember" decimals="4" id="ID_2981" unitRef="pure">0.0566</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_2982">&lt;div&gt;&lt;p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' &gt;Note 15: Pension and Profit Sharing Plans&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' &gt; &lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company maintains a qualified non-contributory defined contribution pension plan to which the Company contributes &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;10&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of each eligible employee&amp;#8217;s annual compensation. Annual compensation for determining such contributions consists of &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;base salary&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;bonus, as applicable&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, up to a maximum of $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million in 2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. Pension benefits vest over a five-year period with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after two years, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after three years, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;80&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after four years and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after five years. The Company fu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;nds the annual pension contribution by the following February of each applicable year. Pension expense related to the Company&amp;#8217;s qualified pension plan for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;$&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;3&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that allows eligible employees to defer compensation for federal income tax&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; purposes under Section&amp;#160;401(k) of the Internal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;25&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of eligible compensation. The Company matches employee contributions up to the first &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;5&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% of such compensation. T&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;he 401(k) matching contributions are made in the form of cash, whereby participants may direct the Company match to an investment of their choice. &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;The 401(k) matching &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;benefit&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;s&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; vest over a five-year period with &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;20&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after two years, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;60&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after t&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;hree years, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;80&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after four years and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;100&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;% vested after five years. Generally, a participating employee is entitled to distributions from the plans upon termination of employment, retirement, death or disability. Participants who qualify for distribu&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;tion may receive a single lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a series of specified installment payments. Profit sharing/401(k) expense related to the Company&amp;#8217;s qualified plan for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively.&lt;/font&gt;&lt;/p&gt;&lt;p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' &gt;In addition to the above two plans, the Company maintains a non-qualified deferred compensation plan. Co&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;ntributions to the above qualified plans that exceed limitations established by federal regulations are then contributed to the non-qualified deferred compensation plan. The non-qualified pension expense for the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million and $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million, respectively&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;. The non-qualified profit sharing/401(k) expense for each of the &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;years ended&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;December 31,&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2017&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;, &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2016&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; and &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;2015&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; was&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; $&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;1&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt; million&lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;' &gt;.&lt;/font&gt;&lt;/p&gt;&lt;/div&gt;</us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock>
  <us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="2" id="ID_2983" unitRef="pure">0.1</us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="2" id="ID_2984" unitRef="pure">0.2</mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="2" id="ID_2985" unitRef="pure">0.6</mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="2" id="ID_2986" unitRef="pure">0.8</mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="2" id="ID_2987" unitRef="pure">1</mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2988" unitRef="pure">0.2</mbi:PercentageOfPensionBenefitsVestedDueAfterTwoYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2989" unitRef="pure">0.6</mbi:PercentageOfPensionBenefitsVestedDueAfterThreeYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2990" unitRef="pure">0.8</mbi:PercentageOfPensionBenefitsVestedDueAfterFourYears>
  <mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2991" unitRef="pure">1</mbi:PercentageOfPensionBenefitsVestedDueAfterFiveYears>
  <us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2992" unitRef="pure">0.25</us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent>
  <us-gaap:DefinedContributionPlanEmployerMatchingContributionPercentOfMatch contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="2" id="ID_2993" unitRef="pure">0.05</us-gaap:DefinedContributionPlanEmployerMatchingContributionPercentOfMatch>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="-6" id="ID_2994" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="-6" id="ID_2995" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember" decimals="-6" id="ID_2996" unitRef="USD">3000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_2997" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_2998" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_QualifiedProfitSharingMember" decimals="-6" id="ID_2999" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3000" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3001" unitRef="USD">2000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedPensionMember" decimals="-6" id="ID_3002" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3003" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3004" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:PensionExpense contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_mbi_NonqualifiedProfitSharingMember" decimals="-6" id="ID_3005" unitRef="USD">1000000</us-gaap:PensionExpense>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3006" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3007" unitRef="USD">577000000</mbi:InsuranceLossRecoverable>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-6" id="ID_3008" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <us-gaap:PremiumsReceivableAtCarryingValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_3009" unitRef="USD">0</us-gaap:PremiumsReceivableAtCarryingValue>
  <us-gaap:UnearnedPremiums contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-6" id="ID_3010" unitRef="USD">0</us-gaap:UnearnedPremiums>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-6" id="ID_3011" unitRef="USD">2000000</mbi:InsuranceLossRecoverable>
  <mbi:InsuranceLossRecoverable contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-6" id="ID_3012" unitRef="USD">0</mbi:InsuranceLossRecoverable>
  <mbi:FairValueOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3013" unitRef="USD">3000000</mbi:FairValueOfCreditSupportAnnexes>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3014" unitRef="USD">70000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3015" unitRef="USD">71000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3016" unitRef="USD">57000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3017" unitRef="USD">58000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3018" unitRef="USD">144000000</us-gaap:PaymentsToAcquireTradingSecuritiesHeldforinvestment>
  <us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3019" unitRef="USD">171000000</us-gaap:ProceedsFromSaleOfTradingSecuritiesHeldforinvestment>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CollateralizedDebtObligationsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_3020" unitRef="USD">0</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_PerpetualDebtAndEquitySecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_AssetBackedSecuritiesMember" decimals="-6" id="ID_3021" unitRef="USD">0</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_ForeignGovernmentDebtMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3022" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3 contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3023" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_USStatesAndPoliticalSubdivisionsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3024" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3025" unitRef="pure">0.0474</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3026" unitRef="pure">0.0448</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3027" unitRef="pure">0.0688</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_mbi_InvestmentAgreementObligationsMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3028" unitRef="pure">0.0689</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3029" unitRef="pure">0</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3030" unitRef="pure">0</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3031" unitRef="pure">0.06</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3032" unitRef="pure">0.06</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_3033" unitRef="USD">45000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_3034" unitRef="USD">-5000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:DebtInstrumentMaturityDate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember" id="ID_3035">2020-01-20</us-gaap:DebtInstrumentMaturityDate>
  <mbi:SeniorNotesOwnedAtParValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="-6" id="ID_3036" unitRef="USD">264000000</mbi:SeniorNotesOwnedAtParValue>
  <mbi:SurplusNotesOwnedAtParValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DebtInstrumentAxis_mbi_MbiaCorpSurplusNotesMember" decimals="-6" id="ID_3037" unitRef="USD">13000000</mbi:SurplusNotesOwnedAtParValue>
  <mbi:ClaimPayments contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_PuertoRicoMember" decimals="-6" id="ID_3038" unitRef="USD">242000000</mbi:ClaimPayments>
  <mbi:ClaimPayments contextRef="FROM_Jan01_2018_TO_Jan01_2018_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_MajorCustomersAxis_mbi_PuertoRicoMember_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember" decimals="-6" id="ID_3039" unitRef="USD">69000000</mbi:ClaimPayments>
  <mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_3040" unitRef="pure">0.3</mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue>
  <mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="INF" id="ID_3041" unitRef="pure">0.41</mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue>
  <mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_3042" unitRef="pure">0.21</mbi:ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue>
  <mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="INF" id="ID_3043" unitRef="pure">0.37</mbi:ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue>
  <mbi:PercentageOfSecuritiesBookValueExceededMarketValue contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="4" id="ID_3044" unitRef="pure">0.05</mbi:PercentageOfSecuritiesBookValueExceededMarketValue>
  <mbi:NumberOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3045" unitRef="pure">1</mbi:NumberOfCreditSupportAnnexes>
  <mbi:NumberOfCreditSupportAnnexes contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3046" unitRef="pure">1</mbi:NumberOfCreditSupportAnnexes>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3047" unitRef="pure">0.0185</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3048" unitRef="pure">0.14</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MinimumMember" decimals="4" id="ID_3049" unitRef="pure">0.0107</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="4" id="ID_3050" unitRef="pure">0.0277</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3051" unitRef="pure">0.029</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_CreditFacilityAxis_us-gaap_MediumTermNotesMember" decimals="4" id="ID_3052" unitRef="pure">0.0243</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_3053" unitRef="pure">0.0601</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtWeightedAverageInterestRate contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="4" id="ID_3054" unitRef="pure">0.0225</us-gaap:DebtWeightedAverageInterestRate>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_InitialMember" decimals="-6" id="ID_3055" unitRef="USD">366000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt contextRef="FROM_Jan20_2017_TO_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_InitialMember" decimals="-6" id="ID_3056" unitRef="USD">38000000</us-gaap:ProceedsFromIssuanceOfSubordinatedLongTermDebt>
  <us-gaap:DebtInstrumentCarryingAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember_us-gaap_CreditFacilityAxis_mbi_OutstandingMember" decimals="-6" id="ID_3057" unitRef="USD">330000000</us-gaap:DebtInstrumentCarryingAmount>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Jan20_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MBIACorpFinancingFacilityMember" decimals="2" id="ID_3058" unitRef="pure">0.14</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="4" id="ID_3059" unitRef="pure">0.057</us-gaap:DebtInstrumentInterestRateStatedPercentage>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" id="ID_3060">2034</mbi:DebtInstrumentMaturityYear>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="-8" id="ID_3061" unitRef="USD">30300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="-8" id="ID_3062" unitRef="USD">13100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="-8" id="ID_3063" unitRef="USD">9300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="-8" id="ID_3064" unitRef="USD">8200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="-8" id="ID_3065" unitRef="USD">7600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="-8" id="ID_3066" unitRef="USD">6100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI" decimals="-8" id="ID_3067" unitRef="USD">4500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA" decimals="-8" id="ID_3068" unitRef="USD">4200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="-8" id="ID_3069" unitRef="USD">3800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR" decimals="-8" id="ID_3070" unitRef="USD">3600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="-8" id="ID_3071" unitRef="USD">90700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="-8" id="ID_3072" unitRef="USD">15700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="-8" id="ID_3073" unitRef="USD">37000000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3074" unitRef="USD">143400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-8" id="ID_3075" unitRef="USD">400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="-8" id="ID_3076" unitRef="USD">11100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3077" unitRef="USD">11500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_3078" unitRef="USD">154900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="3" id="ID_3079" unitRef="pure">0.196</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="3" id="ID_3080" unitRef="pure">0.085</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="3" id="ID_3081" unitRef="pure">0.06</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="3" id="ID_3082" unitRef="pure">0.053</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="3" id="ID_3083" unitRef="pure">0.049</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="3" id="ID_3084" unitRef="pure">0.039</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI" decimals="3" id="ID_3085" unitRef="pure">0.029</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA" decimals="3" id="ID_3086" unitRef="pure">0.027</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="3" id="ID_3087" unitRef="pure">0.025</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR" decimals="3" id="ID_3088" unitRef="pure">0.023</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="3" id="ID_3089" unitRef="pure">0.586</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="3" id="ID_3090" unitRef="pure">0.101</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="3" id="ID_3091" unitRef="pure">0.239</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_3092" unitRef="pure">0.926</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="3" id="ID_3093" unitRef="pure">0.003</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="3" id="ID_3094" unitRef="pure">0.071</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_3095" unitRef="pure">0.074</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="3" id="ID_3096" unitRef="pure">1</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="-8" id="ID_3097" unitRef="USD">42700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="-8" id="ID_3098" unitRef="USD">15400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="-8" id="ID_3099" unitRef="USD">16600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="-8" id="ID_3100" unitRef="USD">8600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="-8" id="ID_3101" unitRef="USD">11500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="-8" id="ID_3102" unitRef="USD">9100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI" decimals="-8" id="ID_3103" unitRef="USD">5200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA" decimals="-8" id="ID_3104" unitRef="USD">5200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="-8" id="ID_3105" unitRef="USD">8700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR" decimals="-8" id="ID_3106" unitRef="USD">4200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="-8" id="ID_3107" unitRef="USD">127200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="-8" id="ID_3108" unitRef="USD">20400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="-8" id="ID_3109" unitRef="USD">57900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3110" unitRef="USD">205500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="-8" id="ID_3111" unitRef="USD">500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="-8" id="ID_3112" unitRef="USD">29900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3113" unitRef="USD">30400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_3114" unitRef="USD">235900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_CA" decimals="3" id="ID_3115" unitRef="pure">0.181</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_IL" decimals="3" id="ID_3116" unitRef="pure">0.065</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NY" decimals="3" id="ID_3117" unitRef="pure">0.07</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_PR" decimals="3" id="ID_3118" unitRef="pure">0.036</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_NJ" decimals="3" id="ID_3119" unitRef="pure">0.049</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_TX" decimals="3" id="ID_3120" unitRef="pure">0.039</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_HI" decimals="3" id="ID_3121" unitRef="pure">0.022</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_VA" decimals="3" id="ID_3122" unitRef="pure">0.022</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_FL" decimals="3" id="ID_3123" unitRef="pure">0.037</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_stpr_OR" decimals="3" id="ID_3124" unitRef="pure">0.018</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_SubTotalInsuranceInForceMember" decimals="3" id="ID_3125" unitRef="pure">0.539</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NationallyDiversifiedMember" decimals="3" id="ID_3126" unitRef="pure">0.086</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_OtherStatesMember" decimals="3" id="ID_3127" unitRef="pure">0.246</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_country_US" decimals="3" id="ID_3128" unitRef="pure">0.871</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_InternationallyDiversifiedMember" decimals="3" id="ID_3129" unitRef="pure">0.002</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_CountrySpecificMember" decimals="3" id="ID_3130" unitRef="pure">0.127</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="3" id="ID_3131" unitRef="pure">0.129</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="3" id="ID_3132" unitRef="pure">1</mbi:InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations>
  <mbi:ScheduleOfInsuranceInForceByBondTypeTableTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_3133">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='11' rowspan='1' style='width:235.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;As of December 31,&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.1pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;$ in billions&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:109.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:109.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Insurance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Gross Par&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Bond type&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount &lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;in Force&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;Amount &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance - United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (1)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;42.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;22.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;64.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;38.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;General obligation - &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;lease&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;8.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;17.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Tax-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;26.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;12.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;33.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;21.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Higher education&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Health care&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Military housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Investor-owned utilities&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (2)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Municipal housing&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (3)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;134.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;71.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;191.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;110.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global public finance - &lt;/font&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;non-United States:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;International utilities&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Sovereign-related and sub-sovereign&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (4)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Transportation&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;5.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Other&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (5)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.1&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total non-United States&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;28.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;19.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global public finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;144.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;79.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;220.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;129.8&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:4.5pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Global structured finance:&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Collateralized debt obligations&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (6)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.5&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed residential&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Mortgage-backed commercial&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Consumer asset-backed&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;1.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;0.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:11.45pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Corporate asset-backed&lt;/font&gt;&lt;sup&gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt; (7)&lt;/font&gt;&lt;/sup&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;3.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;4.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;2.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total global structured finance&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;10.7&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.3&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;15.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;11.4&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Total&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;154.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;87.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;235.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;141.2&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.15pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:6pt;color:#000000;' &gt;___________________&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:16.9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(1) - Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(2) - Includes investor owned utilities, industrial development and pollution control revenue bonds.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(3) - Includes certain non-profit enterprises, stadium related financing and student loans.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(4) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(5) - Includes municipal owned entities backed by sponsoring local government and tax backed transactions.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9.95pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(6) - Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt; waterfalls, or interest and over-collateralization coverage tests.&lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:19.9pt;' &gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;(7) - As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively. &lt;/font&gt;&lt;/td&gt;&lt;td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:7pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mbi:ScheduleOfInsuranceInForceByBondTypeTableTextBlock>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3134" unitRef="USD">42800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3135" unitRef="USD">5100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3136" unitRef="USD">17700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3137" unitRef="USD">26500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3138" unitRef="USD">15200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3139" unitRef="USD">3200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3140" unitRef="USD">2600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3141" unitRef="USD">16300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3142" unitRef="USD">3100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3143" unitRef="USD">400000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3144" unitRef="USD">1100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3145" unitRef="USD">134000000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3146" unitRef="USD">1700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3147" unitRef="USD">3800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3148" unitRef="USD">4500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3149" unitRef="USD">200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3150" unitRef="USD">10200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3151" unitRef="USD">144200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3152" unitRef="USD">500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3153" unitRef="USD">4700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3154" unitRef="USD">700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3155" unitRef="USD">900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3156" unitRef="USD">3900000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3157" unitRef="USD">10700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-8" id="ID_3158" unitRef="USD">87000000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3159" unitRef="USD">71900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3160" unitRef="USD">22900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3161" unitRef="USD">3800000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3162" unitRef="USD">11800000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3163" unitRef="USD">12400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3164" unitRef="USD">6900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3165" unitRef="USD">2100000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3166" unitRef="USD">1800000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3167" unitRef="USD">7300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3168" unitRef="USD">2000000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3169" unitRef="USD">300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3170" unitRef="USD">600000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3171" unitRef="USD">3600000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3172" unitRef="USD">100000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3173" unitRef="USD">1400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3174" unitRef="USD">2700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3175" unitRef="USD">7800000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3176" unitRef="USD">79700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3177" unitRef="USD">7300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3178" unitRef="USD">400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3179" unitRef="USD">3600000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3180" unitRef="USD">300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3181" unitRef="USD">700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3182" unitRef="USD">2300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3183" unitRef="USD">191500000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3184" unitRef="USD">64600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3185" unitRef="USD">12200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3186" unitRef="USD">26100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3187" unitRef="USD">33000000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3188" unitRef="USD">21700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3189" unitRef="USD">6800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3190" unitRef="USD">4200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3191" unitRef="USD">16800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3192" unitRef="USD">3700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3193" unitRef="USD">700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3194" unitRef="USD">1700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3195" unitRef="USD">28800000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3196" unitRef="USD">7100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3197" unitRef="USD">300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3198" unitRef="USD">10100000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3199" unitRef="USD">11300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3200" unitRef="USD">220300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3201" unitRef="USD">15600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3202" unitRef="USD">2700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3203" unitRef="USD">6300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3204" unitRef="USD">700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3205" unitRef="USD">1200000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3206" unitRef="USD">4700000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US" decimals="-8" id="ID_3207" unitRef="USD">110400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationMember" decimals="-8" id="ID_3208" unitRef="USD">38300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_GeneralObligationLeaseMember" decimals="-8" id="ID_3209" unitRef="USD">8700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalUtilitiesMember" decimals="-8" id="ID_3210" unitRef="USD">17400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TaxBackedMember" decimals="-8" id="ID_3211" unitRef="USD">16700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3212" unitRef="USD">11100000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HigherEducationMember" decimals="-8" id="ID_3213" unitRef="USD">4500000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_HealthCareMember" decimals="-8" id="ID_3214" unitRef="USD">2700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MilitaryHousingMember" decimals="-8" id="ID_3215" unitRef="USD">7400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_InvestorOwnedUtilitiesMember" decimals="-8" id="ID_3216" unitRef="USD">2300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_MunicipalHousingMember" decimals="-8" id="ID_3217" unitRef="USD">400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_country_US_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3218" unitRef="USD">900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember" decimals="-8" id="ID_3219" unitRef="USD">19400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_InternationalUtilitiesMember" decimals="-8" id="ID_3220" unitRef="USD">6500000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_SovereignRelatedAndSubSovereignMember" decimals="-8" id="ID_3221" unitRef="USD">7500000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_TransportationMember" decimals="-8" id="ID_3222" unitRef="USD">5200000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember_us-gaap_StatementGeographicalAxis_mbi_NonUnitedStatesMember_us-gaap_UnderlyingAssetClassAxis_mbi_OtherPublicFinanceMember" decimals="-8" id="ID_3223" unitRef="USD">200000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalPublicFinanceMember" decimals="-8" id="ID_3224" unitRef="USD">129800000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember" decimals="-8" id="ID_3225" unitRef="USD">11400000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CollateralizedDebtObligationsMember" decimals="-8" id="ID_3226" unitRef="USD">2600000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_ResidentialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3227" unitRef="USD">4700000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_us-gaap_CommercialMortgageBackedSecuritiesMember" decimals="-8" id="ID_3228" unitRef="USD">300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_ConsumerAssetBackedMember" decimals="-8" id="ID_3229" unitRef="USD">900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_CorporateAssetBackedMember" decimals="-8" id="ID_3230" unitRef="USD">2900000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-8" id="ID_3231" unitRef="USD">141200000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember" decimals="-8" id="ID_3232" unitRef="USD">2300000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember" decimals="-8" id="ID_3233" unitRef="USD">1100000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember" decimals="-8" id="ID_3234" unitRef="USD">2600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_GuaranteeObligationsByNatureAxis_mbi_GlobalStructuredFinanceMember_us-gaap_UnderlyingAssetClassAxis_mbi_StructuredInsuranceSecuritizationsMember" decimals="-8" id="ID_3235" unitRef="USD">1300000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsOther contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3236" unitRef="USD">30000000</us-gaap:DeferredTaxAssetsTaxCreditCarryforwardsOther>
  <us-gaap:GainLossOnSaleOfBusiness contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_3237" unitRef="USD">-278000000</us-gaap:GainLossOnSaleOfBusiness>
  <us-gaap:GainLossOnSaleOfBusiness contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-6" id="ID_3238" unitRef="USD">5000000</us-gaap:GainLossOnSaleOfBusiness>
  <us-gaap:PolicyholderBenefitsAndClaimsIncurredNet contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_LaeMember" decimals="-6" id="ID_3239" unitRef="USD">42000000</us-gaap:PolicyholderBenefitsAndClaimsIncurredNet>
  <us-gaap:ReinsuranceReceivablesCaseBasis contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3240" unitRef="USD">17000000</us-gaap:ReinsuranceReceivablesCaseBasis>
  <us-gaap:DeferredTaxLiabilities contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_us-gaap_OtherCurrentLiabilitiesMember" decimals="-6" id="ID_3241" unitRef="USD">36000000</us-gaap:DeferredTaxLiabilities>
  <us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3242" unitRef="USD">472000000</us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount>
  <mbi:ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions contextRef="AS_OF_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_IneligibleMortgageLoansMember" decimals="-6" id="ID_3243" unitRef="USD">436000000</mbi:ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions>
  <mbi:SeniorNotesPurchasedAtParValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="-6" id="ID_3244" unitRef="USD">129000000</mbi:SeniorNotesPurchasedAtParValue>
  <mbi:SeniorNotesOwnedAtParValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaIncMember_us-gaap_DebtInstrumentAxis_mbi_MbiaIncSeniorNotesMember" decimals="-6" id="ID_3245" unitRef="USD">54000000</mbi:SeniorNotesOwnedAtParValue>
  <mbi:TaxCutsAndJobsActTaxRate contextRef="FROM_Jan01_2018_TO_Jan01_2018_Entity_0000814585_us-gaap_SubsequentEventTypeAxis_us-gaap_SubsequentEventMember" decimals="4" id="ID_3246" unitRef="pure">0.21</mbi:TaxCutsAndJobsActTaxRate>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3247" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefits>
  <us-gaap:UnrecognizedTaxBenefits contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3248" unitRef="USD">0</us-gaap:UnrecognizedTaxBenefits>
  <us-gaap:InsuranceRecoveries contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3249" unitRef="USD">12000000</us-gaap:InsuranceRecoveries>
  <mbi:EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3250" unitRef="USD">162000000</mbi:EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities>
  <mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-8" id="ID_3251" unitRef="USD">18600000000</mbi:InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross>
  <mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaUkMember" decimals="-8" id="ID_3252" unitRef="USD">12000000000</mbi:InsuredFinancialObligationsOutstandingPrincipalAmountGross>
  <mbi:StatutoryAccountingPracticesStatutoryNetLossAmount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalMember" decimals="-6" id="ID_3253" unitRef="USD">321000000</mbi:StatutoryAccountingPracticesStatutoryNetLossAmount>
  <us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember" decimals="-6" id="ID_3254" unitRef="USD">107000000</us-gaap:StatutoryAccountingPracticesStatutoryNetIncomeAmount>
  <mbi:AnnualCompensationMaximumPensionPerEmployeeAmount contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_us-gaap_PensionPlansDefinedBenefitMember_us-gaap_RangeAxis_us-gaap_MaximumMember" decimals="-5" id="ID_3255" unitRef="USD">2000000</mbi:AnnualCompensationMaximumPensionPerEmployeeAmount>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="-6" id="ID_3256" unitRef="USD">2000000</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3257" unitRef="USD">0</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3258" unitRef="USD">1000000</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_EmployeeStockOptionMember" decimals="-6" id="ID_3259" unitRef="USD">2000000</us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation>
  <us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_StatementScenarioAxis_mbi_StockPriceTargetsMember" decimals="0" id="ID_3260" unitRef="shares">65287</us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross>
  <us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember_us-gaap_StatementScenarioAxis_mbi_InternalPerformanceConditionsMember" decimals="0" id="ID_3261" unitRef="shares">127001</us-gaap:StockIssuedDuringPeriodSharesRestrictedStockAwardGross>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3262" unitRef="shares">200000</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3263" unitRef="shares">37800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3264" unitRef="shares">2050000</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3265" unitRef="shares">37500</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3266" unitRef="shares">0</us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3267" unitRef="shares">222700</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="4" id="ID_3268" unitRef="USDPerShare">5.05</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="4" id="ID_3269" unitRef="USDPerShare">65.5624</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="4" id="ID_3270" unitRef="USDPerShare">4.4722</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="4" id="ID_3271" unitRef="USDPerShare">57.51</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="4" id="ID_3272" unitRef="USDPerShare">0</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="4" id="ID_3273" unitRef="USDPerShare">59.2118</us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3274" unitRef="shares">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_3275" unitRef="shares">6358826</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_3276" unitRef="shares">4727319</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_3277" unitRef="shares">3916661</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="0" id="ID_3278" unitRef="shares">2392978</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2014_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3279" unitRef="USDPerShare">10.0047</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2015_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3280" unitRef="USDPerShare">9.9302</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3281" unitRef="USDPerShare">9.3553</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_us-gaap_RestrictedStockMember" decimals="4" id="ID_3282" unitRef="USDPerShare">9.6142</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="0" id="ID_3283" unitRef="shares">2548000</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3284" unitRef="shares">2325300</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3285" unitRef="shares">237800</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3286" unitRef="shares">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2014_Entity_0000814585" decimals="4" id="ID_3287" unitRef="USDPerShare">10.9888</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="4" id="ID_3288" unitRef="USDPerShare">6.3703</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="4" id="ID_3289" unitRef="USDPerShare">14.6689</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="4" id="ID_3290" unitRef="USDPerShare">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="4" id="ID_3291" unitRef="USDPerShare">6.3703</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="4" id="ID_3292" unitRef="USDPerShare">14.6689</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="4" id="ID_3293" unitRef="USDPerShare">0</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3294" unitRef="shares">43000000</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3295" unitRef="shares">16600000</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="2" id="ID_3296" unitRef="USDPerShare">7.55</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="2" id="ID_3297" unitRef="USDPerShare">6.37</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="2" id="ID_3298" unitRef="USDPerShare">7.6</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3299" unitRef="USD">250000000</us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1>
  <us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1 contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3300" unitRef="USD">88000000</us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1>
  <us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1 contextRef="AS_OF_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3301" unitRef="USD">94000000</us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1>
  <us-gaap:ScheduleOfTreasuryStockByClassTextBlock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" id="ID_3302">&lt;div&gt;&lt;table style='border-collapse:collapse;' &gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' &gt;In millions, except per share amounts&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2017&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2016&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;2015&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Number of shares repurchased&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;43.0&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;16.6&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;39.9&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Average price paid per share&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.55&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;6.37&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;7.60&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr style='height:12.75pt;' &gt;&lt;td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;Remaining authorization as of December 31&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;250&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;88&lt;/font&gt;&lt;/td&gt;&lt;td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;$&lt;/font&gt;&lt;/td&gt;&lt;td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;94&lt;/font&gt;&lt;/td&gt;&lt;td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' &gt;&lt;font style='font-family:Times New Roman;font-size:10pt;color:#000000;' &gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfTreasuryStockByClassTextBlock>
  <us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="0" id="ID_3303" unitRef="shares">14127112</us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment>
  <us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="0" id="ID_3304" unitRef="shares">16506438</us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment>
  <us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3305" unitRef="shares">17967871</us-gaap:WeightedAverageNumberDilutedSharesOutstandingAdjustment>
  <mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3306" unitRef="shares">617909</mbi:UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="0" id="ID_3307" unitRef="shares">39900000</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:WarrantsAndRightsOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3308" unitRef="USD">6000000</us-gaap:WarrantsAndRightsOutstanding>
  <us-gaap:WarrantsAndRightsOutstanding contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3309" unitRef="USD">33000000</us-gaap:WarrantsAndRightsOutstanding>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="0" id="ID_3310" unitRef="shares">9940000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" decimals="2" id="ID_3311" unitRef="USDPerShare">9.59</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1>
  <mbi:WarrantTerm contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_us-gaap_WarrantMember" id="ID_3312">P5Y</mbi:WarrantTerm>
  <us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" decimals="0" id="ID_3313" unitRef="shares">1910000</us-gaap:ClassOfWarrantOrRightOutstanding>
  <us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" decimals="2" id="ID_3314" unitRef="USDPerShare">9.59</us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1>
  <mbi:WarrantTerm contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_HighbridgeInternationalLlcMember_us-gaap_ClassOfWarrantOrRightAxis_mbi_GrossupWarrantMember" id="ID_3315">P5Y</mbi:WarrantTerm>
  <us-gaap:PreferredStockSharesIssued contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3316" unitRef="shares">2759</us-gaap:PreferredStockSharesIssued>
  <us-gaap:StockRepurchasedDuringPeriodShares contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3317" unitRef="shares">1444</us-gaap:StockRepurchasedDuringPeriodShares>
  <us-gaap:PreferredStockValueOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="-6" id="ID_3318" unitRef="USD">28000000</us-gaap:PreferredStockValueOutstanding>
  <mbi:PercentageOfFaceValueOfRepurchasedPreferredStock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="3" id="ID_3319" unitRef="pure">0.109</mbi:PercentageOfFaceValueOfRepurchasedPreferredStock>
  <us-gaap:PreferredStockSharesOutstanding contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_mbi_UnaffiliatedInvestorsMember" decimals="0" id="ID_3320" unitRef="shares">1315</us-gaap:PreferredStockSharesOutstanding>
  <us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3321" unitRef="USDPerShare">1000</us-gaap:PreferredStockParOrStatedValuePerShare>
  <us-gaap:PreferredStockLiquidationPreference contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3322" unitRef="USDPerShare">100000</us-gaap:PreferredStockLiquidationPreference>
  <us-gaap:DebtInstrumentInterestRateTerms contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" id="ID_3323">LIBOR plus 200 basis points</us-gaap:DebtInstrumentInterestRateTerms>
  <us-gaap:TreasuryStockAcquiredAverageCostPerShare contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_InsuranceCorporationMember_us-gaap_StatementClassOfStockAxis_us-gaap_PreferredStockMember" decimals="0" id="ID_3324" unitRef="USDPerShare">10900</us-gaap:TreasuryStockAcquiredAverageCostPerShare>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember" decimals="-6" id="ID_3325" unitRef="USD">200000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <mbi:StockRepurchaseProgramCancelledAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwothousandfourteenrepurchaseauthorizationMember" decimals="-6" id="ID_3326" unitRef="USD">61000000</mbi:StockRepurchaseProgramCancelledAmount>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" decimals="-6" id="ID_3327" unitRef="USD">100000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" decimals="-6" id="ID_3328" unitRef="USD">100000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandSixteenRepurchaseAuthorizationMember" decimals="-6" id="ID_3329" unitRef="USD">100000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <mbi:StockRepurchaseProgramCancelledAmount contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_TwoThousandSixteenRepurchaseAuthorizationMember" decimals="-6" id="ID_3330" unitRef="USD">13000000</mbi:StockRepurchaseProgramCancelledAmount>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" decimals="-6" id="ID_3331" unitRef="USD">250000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <us-gaap:StockRepurchaseProgramAuthorizedAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" decimals="-6" id="ID_3332" unitRef="USD">250000000</us-gaap:StockRepurchaseProgramAuthorizedAmount1>
  <us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1 contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_StatementClassOfStockAxis_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" decimals="-6" id="ID_3333" unitRef="USD">250000000</us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember" decimals="0" id="ID_3334" unitRef="shares">490557</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:TreasuryStockSharesAcquired contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_AwardTypeAxis_mbi_LongTermIncentivePlanMember" decimals="0" id="ID_3335" unitRef="shares">419806</us-gaap:TreasuryStockSharesAcquired>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3336" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3337" unitRef="USD">0</us-gaap:OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus>
  <us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_3338" unitRef="USD">96000000</us-gaap:AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue>
  <mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_3339" unitRef="USD">7000000</mbi:AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_3340" unitRef="USD">34000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_ClaimLiabilityAxis_mbi_InsuranceLossRecoverableMember" decimals="-6" id="ID_3341" unitRef="USD">6000000</mbi:InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_AllOtherSecuritiesMember" decimals="-6" id="ID_3342" unitRef="USD">34000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor contextRef="AS_OF_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpAndNationalMember_us-gaap_FinancialInstrumentAxis_mbi_WrappedSecuritiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_3343" unitRef="USD">15000000</mbi:LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor>
  <us-gaap:ReinsuranceRecoverables contextRef="AS_OF_Dec31_2017_Entity_0000814585_us-gaap_CededCreditRiskAxis_mbi_AssuredGuarantyReLtdMember" decimals="-6" id="ID_3344" unitRef="USD">3000000</us-gaap:ReinsuranceRecoverables>
  <mbi:DebtInstrumentCallDateForFirstFifthAnniversary contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_SurplusNotesDueTwoThousandThirtyThreeMember" id="ID_3345">2023-01-15</mbi:DebtInstrumentCallDateForFirstFifthAnniversary>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MinimumMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember" decimals="4" id="ID_3346" unitRef="pure">0.54</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_MaximumMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember" decimals="4" id="ID_3347" unitRef="pure">0.54</mbi:FairValueMeasurementRangePercentage>
  <mbi:FairValueMeasurementRangePercentage contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_mbi_UnobservableInputAxis_mbi_NonperformanceRiskMember_us-gaap_RangeAxis_us-gaap_WeightedAverageMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember" decimals="4" id="ID_3348" unitRef="pure">0.54</mbi:FairValueMeasurementRangePercentage>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_ValuationTechniqueAxis_mbi_DirectPriceModelMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_mbi_CreditDerivativesMember" decimals="-6" id="ID_3349" unitRef="USD">63000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member" decimals="-6" id="ID_3350" unitRef="USD">122000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember" decimals="-6" id="ID_3351" unitRef="USD">122000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel1Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3352" unitRef="USD">24000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CashAndCashEquivalentsMember_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3353" unitRef="USD">24000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_mbi_OtherFixedMaturityInvestmentsMember" decimals="-6" id="ID_3354" unitRef="USD">2000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_us-gaap_FixedMaturitiesMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember" decimals="-6" id="ID_3355" unitRef="USD">7000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:AssetsFairValueDisclosureRecurring contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_InvestmentTypeAxis_mbi_AssetsOfConsolidatedVIEsMember_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_us-gaap_MortgageBackedSecuritiesMember_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3356" unitRef="USD">6000000</us-gaap:AssetsFairValueDisclosureRecurring>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3357" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases>
  <us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3358" unitRef="USD">3000000</us-gaap:FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_OtherAssetsMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3359" unitRef="USD">-3000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_mbi_CorporateObligationMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3360" unitRef="USD">2000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3361" unitRef="USD">7000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue contextRef="AS_OF_Dec31_2017_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" decimals="-6" id="ID_3362" unitRef="USD">6000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue>
  <us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_us-gaap_CommercialMortgageBackedSecuritiesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3363" unitRef="USD">1000000</us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales>
  <us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_invest_InvestmentAxis_mbi_CreditDerivativesMember_us-gaap_FairValueByFairValueHierarchyLevelAxis_us-gaap_FairValueInputsLevel3Member" decimals="-6" id="ID_3364" unitRef="USD">-21000000</us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_mbi_OtherLoansMember" decimals="-6" id="ID_3365" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember" decimals="-6" id="ID_3366" unitRef="USD">-3000000</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember" decimals="-6" id="ID_3367" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_us-gaap_InvestmentTypeAxis_us-gaap_OtherAssetsMember" decimals="-6" id="ID_3368" unitRef="USD">0</mbi:NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_DomesticMember" decimals="-6" id="ID_3369" unitRef="USD">-638000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_mbi_IncomeBeforeIncomeTaxesAxis_mbi_ForeignMember" decimals="-6" id="ID_3370" unitRef="USD">-23000000</us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_3371" unitRef="pure">0.082</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_3372" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_3373" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="3" id="ID_3374" unitRef="pure">-0.714</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="3" id="ID_3375" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate>
  <us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="3" id="ID_3376" unitRef="pure">0</us-gaap:EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate>
  <us-gaap:ProceedsFromIssuanceOfDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3377" unitRef="USD">127000000</us-gaap:ProceedsFromIssuanceOfDebt>
  <us-gaap:ProceedsFromIssuanceOfDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3378" unitRef="USD">0</us-gaap:ProceedsFromIssuanceOfDebt>
  <us-gaap:ProceedsFromIssuanceOfDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3379" unitRef="USD">0</us-gaap:ProceedsFromIssuanceOfDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3380" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3381" unitRef="USD">0</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfLongTermDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3382" unitRef="USD">11000000</us-gaap:RepaymentsOfLongTermDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3383" unitRef="USD">156000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3384" unitRef="USD">111000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:RepaymentsOfRelatedPartyDebt contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3385" unitRef="USD">103000000</us-gaap:RepaymentsOfRelatedPartyDebt>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3386" unitRef="USD">65000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3387" unitRef="USD">108000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:PaymentsForRepurchaseOfCommonStock contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3388" unitRef="USD">234000000</us-gaap:PaymentsForRepurchaseOfCommonStock>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3389" unitRef="USD">11000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3390" unitRef="USD">8000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:ProceedsFromStockPlans contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3391" unitRef="USD">19000000</us-gaap:ProceedsFromStockPlans>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3392" unitRef="USD">-2000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3393" unitRef="USD">1000000</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_dei_LegalEntityAxis_us-gaap_ParentCompanyMember" decimals="-6" id="ID_3394" unitRef="USD">0</us-gaap:EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations>
  <mbi:SeniorNotesPurchasedAtParValue contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_dei_LegalEntityAxis_mbi_NationalPublicFinanceGuaranteeHoldingsMember" decimals="-6" id="ID_3395" unitRef="USD">129000000</mbi:SeniorNotesPurchasedAtParValue>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3396" unitRef="USD">-81000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3397" unitRef="USD">1000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3398" unitRef="USD">-26000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3399" unitRef="USD">0</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3400" unitRef="USD">-26000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3401" unitRef="USD">-55000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3402" unitRef="USD">1000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3403" unitRef="USD">-56000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3404" unitRef="USD">-68000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3405" unitRef="USD">-1000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3406" unitRef="USD">-95000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3407" unitRef="USD">0</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3408" unitRef="USD">-95000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3409" unitRef="USD">27000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3410" unitRef="USD">-1000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2016_TO_Dec31_2016_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3411" unitRef="USD">28000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3412" unitRef="USD">101000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3413" unitRef="USD">-8000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3414" unitRef="USD">125000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3415" unitRef="USD">0</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedTranslationAdjustmentMember" decimals="-6" id="ID_3416" unitRef="USD">125000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3417" unitRef="USD">-24000000</us-gaap:OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax>
  <us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3418" unitRef="USD">-8000000</us-gaap:ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax>
  <us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_StatementEquityComponentsAxis_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" decimals="-6" id="ID_3419" unitRef="USD">-16000000</us-gaap:OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent>
  <us-gaap:NetIncomeLoss contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" decimals="-6" id="ID_3420" unitRef="USD">1000000</us-gaap:NetIncomeLoss>
  <us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1 contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3421" unitRef="USD">0</us-gaap:NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1>
  <us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585_us-gaap_ConsolidationItemsAxis_us-gaap_OperatingSegmentsMember_us-gaap_StatementBusinessSegmentsAxis_mbi_CorporateOperationsMember" decimals="-6" id="ID_3422" unitRef="USD">3000000</us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_InvestmentAgreementObligationsMember" id="ID_3423">2037</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_us-gaap_MediumTermNotesMember" id="ID_3424">2036</mbi:DebtInstrumentMaturityYear>
  <mbi:DebtInstrumentMaturityYear contextRef="FROM_Jan01_2017_TO_Dec31_2017_Entity_0000814585_us-gaap_DebtInstrumentAxis_mbi_VariableInterestEntityDebtMember_us-gaap_StatementBusinessSegmentsAxis_mbi_InternationalAndStructuredFinanceInsuranceMember" id="ID_3425">2052</mbi:DebtInstrumentMaturityYear>
  <us-gaap:ProceedsFromNotesPayable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3426" unitRef="USD">0</us-gaap:ProceedsFromNotesPayable>
  <us-gaap:RepaymentsOfNotesPayable contextRef="FROM_Jan01_2015_TO_Dec31_2015_Entity_0000814585" decimals="-6" id="ID_3427" unitRef="USD">490000000</us-gaap:RepaymentsOfNotesPayable>
  <mbi:StatutoryAccountingPracticesUnassignedSurplus contextRef="AS_OF_Dec31_2016_Entity_0000814585_dei_LegalEntityAxis_mbi_MbiaCorpMember_us-gaap_StatementEquityComponentsAxis_mbi_PolicyholdersSurplusMember" decimals="-8" id="ID_3428" unitRef="USD">-1800000000</mbi:StatutoryAccountingPracticesUnassignedSurplus>
  <us-gaap:DeferredTaxAssetsOther contextRef="AS_OF_Dec31_2017_Entity_0000814585" decimals="-6" id="ID_3429" unitRef="USD">3000000</us-gaap:DeferredTaxAssetsOther>
  <us-gaap:DeferredTaxAssetsOther contextRef="AS_OF_Dec31_2016_Entity_0000814585" decimals="-6" id="ID_3430" unitRef="USD">0</us-gaap:DeferredTaxAssetsOther>
  <link:footnoteLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns="http://www.w3.org/1999/xhtml">
    <link:loc xlink:href="#ID_238" xlink:label="loc_ID_238_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_238_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_0" xlink:label="lbl_footnote_0" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily changes in amount and timing of collections.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_182" xlink:label="loc_ID_182_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_182_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_663" xlink:label="loc_ID_663_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_663_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1407" xlink:label="loc_ID_1407_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1407_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_297" xlink:label="loc_ID_297_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_297_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_1" xlink:label="lbl_footnote_1" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company's embedded derivative instruments is determined by the location of the related host contract</div>
    </link:footnote>
    <link:loc xlink:href="#ID_784" xlink:label="loc_ID_784_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_784_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_293" xlink:label="loc_ID_293_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_293_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_159" xlink:label="loc_ID_159_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_159_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_666" xlink:label="loc_ID_666_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_666_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_659" xlink:label="loc_ID_659_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_659_0" xlink:order="38" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_695" xlink:label="loc_ID_695_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_695_0" xlink:order="40" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_412" xlink:label="loc_ID_412_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_412_0" xlink:order="41" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1036" xlink:label="loc_ID_1036_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1036_0" xlink:order="42" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_495" xlink:label="loc_ID_495_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_495_0" xlink:order="47" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1578" xlink:label="loc_ID_1578_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1578_0" xlink:order="50" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2051" xlink:label="loc_ID_2051_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2051_0" xlink:order="51" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_425" xlink:label="loc_ID_425_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_425_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_2" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_2" xlink:label="lbl_footnote_2" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Amounts reflect principal due at maturity for investment agreements issued at a discount.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_676" xlink:label="loc_ID_676_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_676_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_3" xlink:label="lbl_footnote_3" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange on MBIA's consolidated statements of operations.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_798" xlink:label="loc_ID_798_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_798_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_558" xlink:label="loc_ID_558_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_558_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_657" xlink:label="loc_ID_657_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_657_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1511" xlink:label="loc_ID_1511_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1511_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_3" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_492" xlink:label="loc_ID_492_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_492_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_4" xlink:label="lbl_footnote_4" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange-VIE on MBIA's consolidated statements of operations.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1055" xlink:label="loc_ID_1055_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1055_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_702" xlink:label="loc_ID_702_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_702_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_996" xlink:label="loc_ID_996_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_996_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1205" xlink:label="loc_ID_1205_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1205_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_902" xlink:label="loc_ID_902_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_902_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1448" xlink:label="loc_ID_1448_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1448_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1243" xlink:label="loc_ID_1243_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1243_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_937" xlink:label="loc_ID_937_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_937_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_284" xlink:label="loc_ID_284_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_284_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1093" xlink:label="loc_ID_1093_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1093_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_259" xlink:label="loc_ID_259_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_259_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_870" xlink:label="loc_ID_870_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_870_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_747" xlink:label="loc_ID_747_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_747_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_5" xlink:label="lbl_footnote_5" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Investments on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_681" xlink:label="loc_ID_681_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_681_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_71" xlink:label="loc_ID_71_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_71_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_247" xlink:label="loc_ID_247_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_247_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1148" xlink:label="loc_ID_1148_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1148_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_309" xlink:label="loc_ID_309_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_309_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_6" xlink:label="lbl_footnote_6" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Premiums receivable on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_706" xlink:label="loc_ID_706_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_706_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_46" xlink:label="loc_ID_46_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_46_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_270" xlink:label="loc_ID_270_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_270_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_154" xlink:label="loc_ID_154_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_154_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_895" xlink:label="loc_ID_895_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_895_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_17" xlink:label="loc_ID_17_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_17_0" xlink:order="29" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_550" xlink:label="loc_ID_550_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_550_0" xlink:order="31" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_187" xlink:label="loc_ID_187_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_187_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_7" xlink:label="lbl_footnote_7" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Insurance loss recoverable on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_510" xlink:label="loc_ID_510_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_510_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_292" xlink:label="loc_ID_292_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_292_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_472" xlink:label="loc_ID_472_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_472_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_807" xlink:label="loc_ID_807_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_807_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_823" xlink:label="loc_ID_823_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_823_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_8" xlink:label="lbl_footnote_8" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Unearned premium revenue on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_232" xlink:label="loc_ID_232_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_232_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_242" xlink:label="loc_ID_242_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_242_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_330" xlink:label="loc_ID_330_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_330_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_949" xlink:label="loc_ID_949_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_949_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_516" xlink:label="loc_ID_516_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_516_0" xlink:order="30" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_63" xlink:label="loc_ID_63_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_63_0" xlink:order="31" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_434" xlink:label="loc_ID_434_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_434_0" xlink:order="32" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_324" xlink:label="loc_ID_324_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_324_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_9" xlink:label="lbl_footnote_9" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within Loss and loss adjustment expense reserves on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_168" xlink:label="loc_ID_168_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_168_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_890" xlink:label="loc_ID_890_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_890_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_107" xlink:label="loc_ID_107_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_107_0" xlink:order="20" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_620" xlink:label="loc_ID_620_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_620_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1623" xlink:label="loc_ID_1623_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1623_0" xlink:order="80" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_10" xlink:label="lbl_footnote_10" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents unrealized gains or losses on other than temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1622" xlink:label="loc_ID_1622_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1622_0" xlink:order="81" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1628" xlink:label="loc_ID_1628_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1628_0" xlink:order="82" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1633" xlink:label="loc_ID_1633_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1633_0" xlink:order="83" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1638" xlink:label="loc_ID_1638_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1638_0" xlink:order="84" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1643" xlink:label="loc_ID_1643_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1643_0" xlink:order="85" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1648" xlink:label="loc_ID_1648_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1648_0" xlink:order="86" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1653" xlink:label="loc_ID_1653_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1653_0" xlink:order="87" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1658" xlink:label="loc_ID_1658_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1658_0" xlink:order="88" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1663" xlink:label="loc_ID_1663_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1663_0" xlink:order="89" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1668" xlink:label="loc_ID_1668_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1668_0" xlink:order="90" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1673" xlink:label="loc_ID_1673_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1673_0" xlink:order="91" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1678" xlink:label="loc_ID_1678_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1678_0" xlink:order="92" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1683" xlink:label="loc_ID_1683_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1683_0" xlink:order="93" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1688" xlink:label="loc_ID_1688_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1688_0" xlink:order="94" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1075" xlink:label="loc_ID_1075_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1075_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_11" xlink:label="lbl_footnote_11" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes non-U.S. public finance and other issues.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_245" xlink:label="loc_ID_245_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_245_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_698" xlink:label="loc_ID_698_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_698_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_11" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_343" xlink:label="loc_ID_343_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_343_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_12" xlink:label="lbl_footnote_12" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_878" xlink:label="loc_ID_878_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_878_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_975" xlink:label="loc_ID_975_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_975_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_12" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_64" xlink:label="loc_ID_64_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_64_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_13" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_13" xlink:label="lbl_footnote_13" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes discounts net of carrying amount adjustments of $66 million, net of accrued interest of $5 million.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_466" xlink:label="loc_ID_466_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_466_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_14" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_14" xlink:label="lbl_footnote_14" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Amounts reflect principal due at maturity for notes issued at a discount.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_697" xlink:label="loc_ID_697_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_697_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_15" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_15" xlink:label="lbl_footnote_15" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes discounts net of carrying amount adjustments and embedded derivatives of $279 million, fair value adjustments of $57 million, net of accrued interest of $3 million.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_240" xlink:label="loc_ID_240_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_240_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_16" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_16" xlink:label="lbl_footnote_16" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2016.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1582" xlink:label="loc_ID_1582_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1582_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_17" xlink:label="lbl_footnote_17" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes investments insured by MBIA Corp. and National.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1583" xlink:label="loc_ID_1583_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1583_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1584" xlink:label="loc_ID_1584_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1584_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1585" xlink:label="loc_ID_1585_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1585_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1586" xlink:label="loc_ID_1586_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1586_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1587" xlink:label="loc_ID_1587_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1587_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1588" xlink:label="loc_ID_1588_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1588_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1589" xlink:label="loc_ID_1589_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1589_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1590" xlink:label="loc_ID_1590_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1590_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1591" xlink:label="loc_ID_1591_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1591_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1584_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_18" xlink:label="lbl_footnote_18" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</div>
    </link:footnote>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1589_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1594" xlink:label="loc_ID_1594_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1594_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1581" xlink:label="loc_ID_1581_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1581_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1156" xlink:label="loc_ID_1156_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1156_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_19" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_19" xlink:label="lbl_footnote_19" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes payments made to satisfy the Zohar II Claim.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_12" xlink:label="loc_ID_12_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_12_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_20" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_20" xlink:label="lbl_footnote_20" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily changes in the amount to satisfy the Zohar II Claim.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_541" xlink:label="loc_ID_541_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_541_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_21" xlink:label="lbl_footnote_21" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_754" xlink:label="loc_ID_754_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_754_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_627" xlink:label="loc_ID_627_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_627_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_193" xlink:label="loc_ID_193_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_193_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1520" xlink:label="loc_ID_1520_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1520_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_22" xlink:label="lbl_footnote_22" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>An &#x201C;issue&#x201D; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_207" xlink:label="loc_ID_207_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_207_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_704" xlink:label="loc_ID_704_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_704_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_993" xlink:label="loc_ID_993_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_993_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_881" xlink:label="loc_ID_881_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_881_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1021" xlink:label="loc_ID_1021_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1021_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_23" xlink:label="lbl_footnote_23" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_731" xlink:label="loc_ID_731_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_731_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_855" xlink:label="loc_ID_855_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_855_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1310" xlink:label="loc_ID_1310_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1310_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_531" xlink:label="loc_ID_531_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_531_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1199" xlink:label="loc_ID_1199_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1199_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_498" xlink:label="loc_ID_498_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_498_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1352" xlink:label="loc_ID_1352_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1352_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_501" xlink:label="loc_ID_501_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_501_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1297" xlink:label="loc_ID_1297_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1297_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_191" xlink:label="loc_ID_191_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_191_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_611" xlink:label="loc_ID_611_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_611_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1378" xlink:label="loc_ID_1378_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1378_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_433" xlink:label="loc_ID_433_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_433_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1005" xlink:label="loc_ID_1005_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1005_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_774" xlink:label="loc_ID_774_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_774_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_24" xlink:label="lbl_footnote_24" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1542" xlink:label="loc_ID_1542_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1542_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_717" xlink:label="loc_ID_717_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_717_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1057" xlink:label="loc_ID_1057_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1057_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_670" xlink:label="loc_ID_670_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_670_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_637" xlink:label="loc_ID_637_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_637_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_25" xlink:label="lbl_footnote_25" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1074" xlink:label="loc_ID_1074_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1074_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_218" xlink:label="loc_ID_218_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_218_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_348" xlink:label="loc_ID_348_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_348_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1388" xlink:label="loc_ID_1388_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1388_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1758" xlink:label="loc_ID_1758_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1758_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_26" xlink:label="lbl_footnote_26" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1777" xlink:label="loc_ID_1777_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1777_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1793" xlink:label="loc_ID_1793_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1793_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1803" xlink:label="loc_ID_1803_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1803_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1804" xlink:label="loc_ID_1804_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1804_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1807" xlink:label="loc_ID_1807_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1807_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1808" xlink:label="loc_ID_1808_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1808_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2032" xlink:label="loc_ID_2032_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2032_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2034" xlink:label="loc_ID_2034_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2034_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1769" xlink:label="loc_ID_1769_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1769_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_27" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_27" xlink:label="lbl_footnote_27" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1829" xlink:label="loc_ID_1829_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1829_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_28" xlink:label="lbl_footnote_28" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within "Other assets" on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1817" xlink:label="loc_ID_1817_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1817_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_979" xlink:label="loc_ID_979_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_979_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_30" xlink:label="lbl_footnote_29" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1066" xlink:label="loc_ID_1066_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1066_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1785" xlink:label="loc_ID_1785_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1785_0" xlink:order="19" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2308" xlink:label="loc_ID_2308_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2308_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2309" xlink:label="loc_ID_2309_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2309_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2310" xlink:label="loc_ID_2310_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2310_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2311" xlink:label="loc_ID_2311_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2311_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2312" xlink:label="loc_ID_2312_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2312_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_5" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2313" xlink:label="loc_ID_2313_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2313_0" xlink:order="41" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2314" xlink:label="loc_ID_2314_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2314_0" xlink:order="42" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2315" xlink:label="loc_ID_2315_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2315_0" xlink:order="43" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2316" xlink:label="loc_ID_2316_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2316_0" xlink:order="44" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2317" xlink:label="loc_ID_2317_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2317_0" xlink:order="45" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2318" xlink:label="loc_ID_2318_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2318_0" xlink:order="46" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2319" xlink:label="loc_ID_2319_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2319_0" xlink:order="47" xlink:priority="0" xlink:to="lbl_footnote_6" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2320" xlink:label="loc_ID_2320_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2320_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2321" xlink:label="loc_ID_2321_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2321_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2322" xlink:label="loc_ID_2322_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2322_0" xlink:order="29" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2323" xlink:label="loc_ID_2323_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2323_0" xlink:order="41" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2324" xlink:label="loc_ID_2324_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2324_0" xlink:order="42" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2325" xlink:label="loc_ID_2325_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2325_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2326" xlink:label="loc_ID_2326_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2326_0" xlink:order="43" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2327" xlink:label="loc_ID_2327_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2327_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2328" xlink:label="loc_ID_2328_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2328_0" xlink:order="29" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2329" xlink:label="loc_ID_2329_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2329_0" xlink:order="44" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2330" xlink:label="loc_ID_2330_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2330_0" xlink:order="30" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2331" xlink:label="loc_ID_2331_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2331_0" xlink:order="45" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2332" xlink:label="loc_ID_2332_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2332_0" xlink:order="46" xlink:priority="0" xlink:to="lbl_footnote_8" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2333" xlink:label="loc_ID_2333_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2333_0" xlink:order="31" xlink:priority="0" xlink:to="lbl_footnote_9" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2466" xlink:label="loc_ID_2466_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2466_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2480" xlink:label="loc_ID_2480_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2480_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_27" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2489" xlink:label="loc_ID_2489_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2489_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2491" xlink:label="loc_ID_2491_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2491_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2492" xlink:label="loc_ID_2492_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2492_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2510" xlink:label="loc_ID_2510_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2510_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2522" xlink:label="loc_ID_2522_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2522_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2523" xlink:label="loc_ID_2523_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2523_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2526" xlink:label="loc_ID_2526_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2526_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_30" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_29" xlink:label="lbl_footnote_30" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Reported within "Other liabilities" on MBIA's consolidated balance sheets.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2536" xlink:label="loc_ID_2536_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2536_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2537" xlink:label="loc_ID_2537_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2537_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2543" xlink:label="loc_ID_2543_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2543_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_30" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2549" xlink:label="loc_ID_2549_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2549_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_28" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2555" xlink:label="loc_ID_2555_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2555_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_30" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2644" xlink:label="loc_ID_2644_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2644_0" xlink:order="125" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2645" xlink:label="loc_ID_2645_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2645_0" xlink:order="126" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2646" xlink:label="loc_ID_2646_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2646_0" xlink:order="127" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2647" xlink:label="loc_ID_2647_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2647_0" xlink:order="128" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2648" xlink:label="loc_ID_2648_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2648_0" xlink:order="129" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2649" xlink:label="loc_ID_2649_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2649_0" xlink:order="130" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2650" xlink:label="loc_ID_2650_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2650_0" xlink:order="131" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2651" xlink:label="loc_ID_2651_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2651_0" xlink:order="132" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2652" xlink:label="loc_ID_2652_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2652_0" xlink:order="133" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2653" xlink:label="loc_ID_2653_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2653_0" xlink:order="134" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2654" xlink:label="loc_ID_2654_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2654_0" xlink:order="135" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2655" xlink:label="loc_ID_2655_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2655_0" xlink:order="136" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2656" xlink:label="loc_ID_2656_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2656_0" xlink:order="137" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2657" xlink:label="loc_ID_2657_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2657_0" xlink:order="138" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2658" xlink:label="loc_ID_2658_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2658_0" xlink:order="139" xlink:priority="0" xlink:to="lbl_footnote_10" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2778" xlink:label="loc_ID_2778_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2778_0" xlink:order="63" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2779" xlink:label="loc_ID_2779_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2779_0" xlink:order="64" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2780" xlink:label="loc_ID_2780_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2780_0" xlink:order="65" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2781" xlink:label="loc_ID_2781_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2781_0" xlink:order="66" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2782" xlink:label="loc_ID_2782_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2782_0" xlink:order="67" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2783" xlink:label="loc_ID_2783_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2783_0" xlink:order="68" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2784" xlink:label="loc_ID_2784_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2784_0" xlink:order="69" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2785" xlink:label="loc_ID_2785_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2785_0" xlink:order="70" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2786" xlink:label="loc_ID_2786_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2786_0" xlink:order="71" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2787" xlink:label="loc_ID_2787_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2787_0" xlink:order="72" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2788" xlink:label="loc_ID_2788_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2788_0" xlink:order="73" xlink:priority="0" xlink:to="lbl_footnote_1" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2789" xlink:label="loc_ID_2789_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2789_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_31" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_31" xlink:label="lbl_footnote_31" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Callable on or after August 15, 2006 at par.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2794" xlink:label="loc_ID_2794_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2794_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_31" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2793" xlink:label="loc_ID_2793_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2793_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_32" xlink:label="lbl_footnote_32" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Callable anytime at the greater of par or the present value of the remaining scheduled  payments of principal and interest.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2798" xlink:label="loc_ID_2798_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2798_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_32" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2799" xlink:label="loc_ID_2799_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2799_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_33" xlink:label="lbl_footnote_33" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Contractual interest rate is based on three month LIBOR plus 11.26%</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2800" xlink:label="loc_ID_2800_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2800_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_33" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_162" xlink:label="loc_ID_162_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_162_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_34" xlink:label="lbl_footnote_34" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_62" xlink:label="loc_ID_62_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_62_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_165" xlink:label="loc_ID_165_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_165_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_117" xlink:label="loc_ID_117_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_117_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_511" xlink:label="loc_ID_511_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_511_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_741" xlink:label="loc_ID_741_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_741_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1470" xlink:label="loc_ID_1470_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1470_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_616" xlink:label="loc_ID_616_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_616_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_762" xlink:label="loc_ID_762_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_762_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1436" xlink:label="loc_ID_1436_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1436_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1278" xlink:label="loc_ID_1278_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1278_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1485" xlink:label="loc_ID_1485_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1485_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_34" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_623" xlink:label="loc_ID_623_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_623_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_35" xlink:label="lbl_footnote_35" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_662" xlink:label="loc_ID_662_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_662_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_887" xlink:label="loc_ID_887_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_887_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_607" xlink:label="loc_ID_607_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_607_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_398" xlink:label="loc_ID_398_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_398_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1264" xlink:label="loc_ID_1264_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1264_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1192" xlink:label="loc_ID_1192_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1192_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_629" xlink:label="loc_ID_629_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_629_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_575" xlink:label="loc_ID_575_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_575_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_57" xlink:label="loc_ID_57_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_57_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_545" xlink:label="loc_ID_545_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_545_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_163" xlink:label="loc_ID_163_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_163_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_912" xlink:label="loc_ID_912_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_912_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_189" xlink:label="loc_ID_189_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_189_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1533" xlink:label="loc_ID_1533_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1533_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_35" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_95" xlink:label="loc_ID_95_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_95_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_36" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_36" xlink:label="lbl_footnote_36" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Consists of intercompany reinsurance balances and repurchase agreements.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2832" xlink:label="loc_ID_2832_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2832_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_37" xlink:label="lbl_footnote_37" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_512" xlink:label="loc_ID_512_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_512_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_37" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2852" xlink:label="loc_ID_2852_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2852_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2899" xlink:label="loc_ID_2899_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2899_0" xlink:order="21" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2902" xlink:label="loc_ID_2902_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2902_0" xlink:order="56" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2903" xlink:label="loc_ID_2903_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2903_0" xlink:order="57" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2904" xlink:label="loc_ID_2904_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2904_0" xlink:order="58" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2906" xlink:label="loc_ID_2906_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2906_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2907" xlink:label="loc_ID_2907_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2907_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2908" xlink:label="loc_ID_2908_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2908_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2910" xlink:label="loc_ID_2910_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2910_0" xlink:order="22" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2911" xlink:label="loc_ID_2911_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2911_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2912" xlink:label="loc_ID_2912_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2912_0" xlink:order="59" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2915" xlink:label="loc_ID_2915_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2915_0" xlink:order="60" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2917" xlink:label="loc_ID_2917_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2917_0" xlink:order="61" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2918" xlink:label="loc_ID_2918_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2918_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2920" xlink:label="loc_ID_2920_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2920_0" xlink:order="62" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2922" xlink:label="loc_ID_2922_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2922_0" xlink:order="63" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2924" xlink:label="loc_ID_2924_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2924_0" xlink:order="23" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2925" xlink:label="loc_ID_2925_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2925_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2927" xlink:label="loc_ID_2927_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2927_0" xlink:order="64" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2928" xlink:label="loc_ID_2928_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2928_0" xlink:order="65" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2929" xlink:label="loc_ID_2929_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2929_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2932" xlink:label="loc_ID_2932_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2932_0" xlink:order="24" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2933" xlink:label="loc_ID_2933_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2933_0" xlink:order="66" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2934" xlink:label="loc_ID_2934_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2934_0" xlink:order="5" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2935" xlink:label="loc_ID_2935_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2935_0" xlink:order="67" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2936" xlink:label="loc_ID_2936_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2936_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2939" xlink:label="loc_ID_2939_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2939_0" xlink:order="68" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2941" xlink:label="loc_ID_2941_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2941_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_25" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2942" xlink:label="loc_ID_2942_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2942_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_24" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2943" xlink:label="loc_ID_2943_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2943_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_29" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2944" xlink:label="loc_ID_2944_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2944_0" xlink:order="69" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2945" xlink:label="loc_ID_2945_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2945_0" xlink:order="70" xlink:priority="0" xlink:to="lbl_footnote_23" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_2947" xlink:label="loc_ID_2947_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2947_0" xlink:order="25" xlink:priority="0" xlink:to="lbl_footnote_22" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3007" xlink:label="loc_ID_3007_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3007_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_255" xlink:label="loc_ID_255_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_255_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_38" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_38" xlink:label="lbl_footnote_38" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1349" xlink:label="loc_ID_1349_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1349_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_38" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1294" xlink:label="loc_ID_1294_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1294_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_39" xlink:label="lbl_footnote_39" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Recorded within premiums earned on MBIA's consolidated statement of operations.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1480" xlink:label="loc_ID_1480_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1480_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_40" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_40" xlink:label="lbl_footnote_40" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily consists of realized gains due to changes in foreign currency exchange rates.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_1091" xlink:label="loc_ID_1091_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1091_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_39" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1050" xlink:label="loc_ID_1050_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1050_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_41" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_41" xlink:label="lbl_footnote_41" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Primarily consists of premiums receivable of $267 million reported within "Assets held for sale" on MBIA's consolidated balance sheet.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3134" xlink:label="loc_ID_3134_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3134_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_42" xlink:label="lbl_footnote_42" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3160" xlink:label="loc_ID_3160_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3160_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3184" xlink:label="loc_ID_3184_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3184_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3208" xlink:label="loc_ID_3208_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3208_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_42" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3142" xlink:label="loc_ID_3142_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3142_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_43" xlink:label="lbl_footnote_43" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes investor owned utilities, industrial development and pollution control revenue bonds.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3168" xlink:label="loc_ID_3168_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3168_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3192" xlink:label="loc_ID_3192_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3192_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3216" xlink:label="loc_ID_3216_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3216_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_43" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3144" xlink:label="loc_ID_3144_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3144_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_44" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_44" xlink:label="lbl_footnote_44" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes certain non-profit enterprises, stadium related financing and student loans.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3170" xlink:label="loc_ID_3170_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3170_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_44" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3194" xlink:label="loc_ID_3194_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3194_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_44" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3218" xlink:label="loc_ID_3218_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3218_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_44" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3147" xlink:label="loc_ID_3147_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3147_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_45" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_45" xlink:label="lbl_footnote_45" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3174" xlink:label="loc_ID_3174_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3174_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_45" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3199" xlink:label="loc_ID_3199_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3199_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_45" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3221" xlink:label="loc_ID_3221_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3221_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_45" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3149" xlink:label="loc_ID_3149_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3149_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_46" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_46" xlink:label="lbl_footnote_46" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes municipal owned entities backed by sponsoring local government and tax backed transactions.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3172" xlink:label="loc_ID_3172_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3172_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_46" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3197" xlink:label="loc_ID_3197_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3197_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_46" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3223" xlink:label="loc_ID_3223_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3223_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_46" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3152" xlink:label="loc_ID_3152_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3152_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_47" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_47" xlink:label="lbl_footnote_47" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3178" xlink:label="loc_ID_3178_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3178_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_47" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3202" xlink:label="loc_ID_3202_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3202_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_47" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3226" xlink:label="loc_ID_3226_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3226_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_47" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3156" xlink:label="loc_ID_3156_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3156_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_48" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_48" xlink:label="lbl_footnote_48" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3182" xlink:label="loc_ID_3182_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3182_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_48" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3206" xlink:label="loc_ID_3206_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3206_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_48" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3230" xlink:label="loc_ID_3230_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3230_0" xlink:order="4" xlink:priority="0" xlink:to="lbl_footnote_48" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3011" xlink:label="loc_ID_3011_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3011_0" xlink:order="30" xlink:priority="0" xlink:to="lbl_footnote_7" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_658" xlink:label="loc_ID_658_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_658_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_49" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_49" xlink:label="lbl_footnote_49" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes amounts which have been paid and are expected to be recovered in the future.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_856" xlink:label="loc_ID_856_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_856_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_50" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_50" xlink:label="lbl_footnote_50" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_3341" xlink:label="loc_ID_3341_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3341_0" xlink:order="6" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_598" xlink:label="loc_ID_598_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_598_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_0" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1191" xlink:label="loc_ID_1191_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1191_0" xlink:order="10" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1441" xlink:label="loc_ID_1441_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1441_0" xlink:order="11" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_396" xlink:label="loc_ID_396_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_396_0" xlink:order="12" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_692" xlink:label="loc_ID_692_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_692_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_21" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3338" xlink:label="loc_ID_3338_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3338_0" xlink:order="13" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3339" xlink:label="loc_ID_3339_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3339_0" xlink:order="14" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3340" xlink:label="loc_ID_3340_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3340_0" xlink:order="7" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1579" xlink:label="loc_ID_1579_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1579_0" xlink:order="15" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1580" xlink:label="loc_ID_1580_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1580_0" xlink:order="16" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1592" xlink:label="loc_ID_1592_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1592_0" xlink:order="17" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1593" xlink:label="loc_ID_1593_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1593_0" xlink:order="18" xlink:priority="0" xlink:to="lbl_footnote_17" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3342" xlink:label="loc_ID_3342_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3342_0" xlink:order="8" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3343" xlink:label="loc_ID_3343_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3343_0" xlink:order="9" xlink:priority="0" xlink:to="lbl_footnote_18" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3344" xlink:label="loc_ID_3344_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3344_0" xlink:order="3" xlink:priority="0" xlink:to="lbl_footnote_38" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3354" xlink:label="loc_ID_3354_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3354_0" xlink:order="26" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3355" xlink:label="loc_ID_3355_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3355_0" xlink:order="27" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3356" xlink:label="loc_ID_3356_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3356_0" xlink:order="28" xlink:priority="0" xlink:to="lbl_footnote_26" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_1854" xlink:label="loc_ID_1854_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_1854_0" xlink:order="58" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3365" xlink:label="loc_ID_3365_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3365_0" xlink:order="59" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3366" xlink:label="loc_ID_3366_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3366_0" xlink:order="60" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3367" xlink:label="loc_ID_3367_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3367_0" xlink:order="61" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3368" xlink:label="loc_ID_3368_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3368_0" xlink:order="62" xlink:priority="0" xlink:to="lbl_footnote_4" xlink:type="arc" xlink:use="optional"/>
    <link:loc xlink:href="#ID_3412" xlink:label="loc_ID_3412_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_3412_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_51" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_51" xlink:label="lbl_footnote_51" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Includes items included in the Company's loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_877" xlink:label="loc_ID_877_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_877_0" xlink:order="1" xlink:priority="0" xlink:to="lbl_footnote_52" xlink:type="arc" xlink:use="optional"/>
    <link:footnote id="FN_52" xlink:label="lbl_footnote_52" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:type="resource" xml:lang="en">
      <div>Midpoint of cash flows are used for the weighted average.</div>
    </link:footnote>
    <link:loc xlink:href="#ID_2349" xlink:label="loc_ID_2349_0" xlink:type="locator"/>
    <link:footnoteArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="loc_ID_2349_0" xlink:order="2" xlink:priority="0" xlink:to="lbl_footnote_52" xlink:type="arc" xlink:use="optional"/>
  </link:footnoteLink>
</xbrli:xbrl>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>9
<FILENAME>mbi-20171231.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723) Using Fujitsu -->
<!-- Validation status: Passed -->
<schema targetNamespace="http://www.mbia.com/20171231" elementFormDefault="qualified" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:mbi="http://www.mbia.com/20171231" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:us-types="http://fasb.org/us-types/2016-01-31" xmlns:invest="http://xbrl.sec.gov/invest/2013-01-31">
    <annotation>
        <appinfo>
            <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20171231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
            <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20171231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
            <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20171231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
            <link:linkbaseRef xlink:type="simple" xlink:href="mbi-20171231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
            <link:roleType roleURI="http://www.mbia.com/role/DocumentDocumentAndEntityInformation" id="ELRID_DocumentAndEntityInformation">
                <link:definition>000001 - Document - Document and Entity Information</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" id="ELRID_ConsolidatedBalanceSheets">
                <link:definition>000002 - Statement - Consolidated Balance Sheets</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" id="ELRID_ConsolidatedBalanceSheetsParenthetical">
                <link:definition>000003 - Statement - Consolidated Balance Sheets (Parenthetical)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" id="ELRID_ConsolidatedStatementsOfOperations">
                <link:definition>000004 - Statement - Consolidated Statements Of Operations</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" id="ELRID_ConsolidatedStatementsOfOperationsParenthetical">
                <link:definition>000005 - Statement - Consolidated Statements Of Operations (Parenthetical)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss" id="ELRID_ConsolidatedStatementsOfComprehensiveIncomeLoss">
                <link:definition>000006 - Statement - Consolidated Statements Of Comprehensive Income (Loss)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" id="ELRID_ConsolidatedStatementOfChangesInShareholdersEquity">
                <link:definition>000007 - Statement - Consolidated Statement Of Changes In Shareholders' Equity</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" id="ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
                <link:definition>000008 - Statement - Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" id="ELRID_ConsolidatedStatementsOfCashFlows">
                <link:definition>000009 - Statement - Consolidated Statements Of Cash Flows</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties" id="ELRID_BusinessDevelopmentsAndRisksAndUncertainties">
                <link:definition>101000 - Disclosure - Business Developments and Risks and Uncertainties</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies" id="ELRID_DisclosureSignificantAccountingPolicies">
                <link:definition>102000 - Disclosure - Significant Accounting Policies</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements" id="ELRID_DisclosureRecentAccountingPronouncements">
                <link:definition>103000 - Disclosure - Recent Accounting Pronouncements</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntities" id="ELRID_VariableInterestEntities">
                <link:definition>104000 - Disclosure - Variable Interest Entities</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves" id="ELRID_DisclosureLossAndLossAdjustmentExpenseReserves">
                <link:definition>106000 - Disclosure - Loss and Loss Adjustment Expense Reserves</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments" id="ELRID_FairValueOfFinancialInstruments">
                <link:definition>107000 - Disclosure - Fair Value Of Financial Instruments</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestments" id="ELRID_Investments">
                <link:definition>108000 - Disclosure - Investments</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstruments" id="ELRID_DerivativeInstruments">
                <link:definition>109000 - Disclosure - Derivative Instruments</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxes" id="ELRID_DisclosureIncomeTaxes">
                <link:definition>111000 - Disclosure - Income Taxes</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegments" id="ELRID_BusinessSegments">
                <link:definition>112000 - Disclosure - Business Segments</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShare" id="ELRID_DisclosureEarningsPerShare">
                <link:definition>117000 - Disclosure - Earnings Per Share</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies" id="ELRID_DisclosureCommitmentsAndContingencies">
                <link:definition>121000 - Disclosure - Commitments and Contingencies</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSubsequentEvents" id="ELRID_DisclosureSubsequentEvents">
                <link:definition>122000 - Disclosure - Subsequent Events</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies" id="ELRID_SignificantAccountingPoliciesPolicies">
                <link:definition>200000 - Disclosure - Significant Accounting Policies (Policies)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesTables">
                <link:definition>301000 - Disclosure - Business Developments and Risks and Uncertainties (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/VariableInterestEntitiesTables" id="ELRID_DisclosureVariableInterestEntitiesTables">
                <link:definition>304000 - Disclosure - Variable Interest Entities (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables" id="ELRID_LossAndLossAdjustmentExpenseReservesTables">
                <link:definition>306000 - Disclosure - Loss and Loss Adjustment Expense Reserves (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables" id="ELRID_DisclosureFairValueOfFinancialInstrumentsTables">
                <link:definition>307000 - Disclosure - Fair Value of Financial Instruments (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsTables" id="ELRID_InvestmentsTables">
                <link:definition>308000 - Disclosure - Investments (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables" id="ELRID_DisclosureDerivativeInstrumentsTables">
                <link:definition>309000 - Disclosure - Derivative Instruments (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesTables" id="ELRID_DisclosureIncomeTaxesTables">
                <link:definition>311000 - Disclosure - Income Taxes (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsTables" id="ELRID_BusinessSegmentsTables">
                <link:definition>312000 - Disclosure - Business Segments (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareTables" id="ELRID_EarningsPerShareTables">
                <link:definition>317000 - Disclosure - Earnings Per Share (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
                <link:definition>401001 - Disclosure - Business Developments And Risks And Uncertainties (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" id="ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
                <link:definition>404002 - Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" id="ELRID_VariableInterestEntitiesNarrativeDetail">
                <link:definition>404001 - Disclosure - Variable Interest Entities (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail">
                <link:definition>406002 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule OF Losses And Loss Adjustment Expenses Reserves and Recoveries) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
                <link:definition>406001 - Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
                <link:definition>406005 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
                <link:definition>406006 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
                <link:definition>406003 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" id="ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
                <link:definition>406004 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" id="ELRID_FairValueOfFinancialInstrumentsNarrativeDetail">
                <link:definition>407001 - Disclosure - Fair Value Of Financial Instruments (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" id="ELRID_FairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
                <link:definition>407002 - Disclosure - Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" id="ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
                <link:definition>407003 - Disclosure - Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" id="ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
                <link:definition>407004 - Disclosure - Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" id="ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
                <link:definition>407005 - Disclosure - Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" id="ELRID_FairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
                <link:definition>407006 - Disclosure - Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" id="ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
                <link:definition>407007 - Disclosure - Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" id="ELRID_FairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
                <link:definition>407008 - Disclosure - Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" id="ELRID_InvestmentsNarrativeDetail">
                <link:definition>408001 - Disclosure - Investments (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" id="ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
                <link:definition>408005 - Disclosure - Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" id="ELRID_InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
                <link:definition>408006 - Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" id="ELRID_InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail">
                <link:definition>408008 - Disclosure - Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" id="ELRID_InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail">
                <link:definition>408007 - Disclosure - Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" id="ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail">
                <link:definition>409002 - Disclosure - Derivative Instruments (Credit Derivatives Sold) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" id="ELRID_DerivativeInstrumentsNarrativeDetail">
                <link:definition>409001 - Disclosure - Derivative Instruments (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" id="ELRID_DerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
                <link:definition>409003 - Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" id="ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
                <link:definition>409004 - Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" id="ELRID_IncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail">
                <link:definition>411002 - Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" id="ELRID_IncomeTaxesNarrativeDetail">
                <link:definition>411001 - Disclosure - Income Taxes (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" id="ELRID_BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
                <link:definition>412003 - Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" id="ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
                <link:definition>417002 - Disclosure - Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" id="ELRID_CommitmentsAndContingenciesNarrativeDetail">
                <link:definition>421001 - Disclosure - Commitments and Contingencies (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" id="ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
                <link:definition>411004 - Disclosure - Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" id="ELRID_IncomeTaxesIncomeTaxRateReconciliationDetail">
                <link:definition>411005 - Disclosure - Income Taxes (Income Tax Rate Reconciliation) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" id="ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
                <link:definition>411006 - Disclosure - Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" id="ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
                <link:definition>411003 - Disclosure - Income Taxes (Income before Income Taxes) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail" id="ELRID_EarningsPerShareNarrativeDetail">
                <link:definition>417001 - Disclosure - Earnings Per Share (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" id="ELRID_InvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
                <link:definition>408002 - Disclosure - Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" id="ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
                <link:definition>408003 - Disclosure - Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" id="ELRID_InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
                <link:definition>408004 - Disclosure - Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables" id="ELRID_DisclosureSignificantAccountingPoliciesTables">
                <link:definition>302000 - Disclosure - Significant Accounting Policies (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" id="ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
                <link:definition>402002 - Disclosure - Significant Accounting Policies (Useful Lives Of Each Class Of Assets) (Details)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" id="ELRID_SignificantAccountingPoliciesNarrativeDetail">
                <link:definition>402001 - Disclosure - Significant Accounting Policies (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome" id="ELRID_DisclosureAccumulatedOtherComprehensiveIncome">
                <link:definition>119000 - Disclosure - Accumulated Other Comprehensive Income</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables" id="ELRID_AccumulatedOtherComprehensiveIncomeTables">
                <link:definition>319000 - Disclosure - Accumulated Other Comprehensive Income (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" id="ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
                <link:definition>419001 - Disclosure - Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" id="ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
                <link:definition>419002 - Disclosure - Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail" id="ELRID_BusinessSegmentsNarrativeDetail">
                <link:definition>412001 - Disclosure - Business Segments (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebt" id="ELRID_DisclosureDebt">
                <link:definition>110000 - Disclosure - Debt</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" id="ELRID_DebtNarrativeDetail">
                <link:definition>410001 - Disclosure - Debt (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiums" id="ELRID_InsurancePremiums">
                <link:definition>105000 - Disclosure - Insurance Premiums</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsTables" id="ELRID_DisclosureInsurancePremiumsTables">
                <link:definition>305000 - Disclosure - Insurance Premiums (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsuranceInForce" id="ELRID_DisclosureInsuranceInForce">
                <link:definition>113000 - Disclosure - Insurance in Force</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividends" id="ELRID_InsuranceRegulationsAndDividends">
                <link:definition>114000 - Disclosure - Insurance Regulations and Dividends</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlans" id="ELRID_DisclosurePensionAndProfitSharingPlans">
                <link:definition>115000 - Disclosure - Pension and Profit- Sharing Plans</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LongtermIncentivePlans" id="ELRID_DisclosureLongtermIncentivePlans">
                <link:definition>116000 - Disclosure - Long-term Incentive Plans</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStock" id="ELRID_DisclosureCommonAndPreferredStock">
                <link:definition>118000 - Disclosure - Common and Preferred Stock</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/RelatedPartyTransactions" id="ELRID_DisclosureRelatedPartyTransactions">
                <link:definition>120000 - Disclosure - Related Party Transactions</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" id="ELRID_LongtermIncentivePlansNarrativeDetail">
                <link:definition>416001 - Disclosure - Long-term Incentive Plans (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" id="ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
                <link:definition>416002 - Disclosure - Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" id="ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
                <link:definition>416003 - Disclosure - Long-Term Incentive Plans (Number Of Restricted Share Awards Granted) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail" id="ELRID_LongTermIncentivePlansStockOptionsOutstandingDetail">
                <link:definition>416004 - Disclosure - Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/LongtermIncentivePlansTables" id="ELRID_DisclosureLongtermIncentivePlansTables">
                <link:definition>316001 - Disclosure - Long-term Incentive Plans (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DebtTables" id="ELRID_DisclosureDebtTables">
                <link:definition>310000 - Disclosure - Debt (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" id="ELRID_DebtLongTermDebtDetail">
                <link:definition>410002 - Disclosure - Debt (Long-Term Debt) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" id="ELRID_DebtAggregateMaturityOfDebtObligationsDetail">
                <link:definition>410003 - Disclosure - Debt (Aggregate Maturity Of Debt Obligations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" id="ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
                <link:definition>410004 - Disclosure - Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" id="ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
                <link:definition>412002 - Disclosure - Business Segments (Summary Of Company's Segment Results) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsuranceInForceTables" id="ELRID_DisclosureInsuranceInForceTables">
                <link:definition>313000 - Disclosure - Insurance In Force (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" id="ELRID_InsuranceInForceNarrativeDetail">
                <link:definition>413001 - Disclosure - Insurance in Force (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" id="ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
                <link:definition>413002 - Disclosure - Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail" id="ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail">
                <link:definition>413003 - Disclosure - Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services And Other Affiliated Companies) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" id="ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
                <link:definition>413004 - Disclosure - Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" id="ELRID_InsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
                <link:definition>413005 - Disclosure - Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials" id="ELRID_DisclosureScheduleIIParentCompanyFinancials">
                <link:definition>124000 - Disclosure - Schedule II- Parent Company Financials</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIInvestments" id="ELRID_DisclosureScheduleIInvestments">
                <link:definition>123000 - Disclosure - Schedule I- Investments</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIVReinsurance" id="ELRID_DisclosureScheduleIVReinsurance">
                <link:definition>125000 - Disclosure - Schedule IV - Reinsurance</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" id="ELRID_ScheduleIInvestmentsDetail">
                <link:definition>423001 - Disclosure - Schedule I- Investments (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" id="ELRID_ScheduleIICondensedBalanceSheetsDetail">
                <link:definition>424001 - Disclosure - Schedule II (Condensed Balance Sheets) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" id="ELRID_ScheduleIVReinsuranceDetail">
                <link:definition>425001 - Disclosure - Schedule IV - (Reinsurance) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" id="ELRID_ScheduleIICondensedStatementsOfOperationsDetail">
                <link:definition>424002 - Disclosure - Schedule II (Condensed Statements Of Operations) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" id="ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
                <link:definition>424003 - Disclosure - Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" id="ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail">
                <link:definition>424004 - Disclosure - Schedule II - Condensed Statements Of Cash Flows (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" id="ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail">
                <link:definition>424005 - Disclosure - Schedule II - (Notes to Condensed Financial Statements) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail" id="ELRID_InsurancePremiumsNarrativeDetail">
                <link:definition>405001 - Disclosure - Insurance Premiums (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail" id="ELRID_InsurancePremiumsRollForwardOfPremiumsReceivableDetail">
                <link:definition>405002 - Disclosure - Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" id="ELRID_InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
                <link:definition>405003 - Disclosure - Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" id="ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
                <link:definition>405004 - Disclosure - Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" id="ELRID_InsuranceRegulationsAndDividendsNarrativeDetail">
                <link:definition>414001 - Disclosure - Insurance Regulations And Dividends (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" id="ELRID_PensionAndProfitSharingPlansNarrativeDetail">
                <link:definition>415001 - Disclosure - Pension And Profit Sharing Plans (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail" id="ELRID_DisclosureRelatedPartyTransactionsNarrativeDetail">
                <link:definition>420001 - Disclosure - Related Party Transactions (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" id="ELRID_CommonAndPreferredStockNarrativeDetail">
                <link:definition>418001 - Disclosure - Common and Preferred Stock (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
                <link:definition>401004 - Disclosure - Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/RecentAccountingPronouncementsNarrativeDetail" id="ELRID_RecentAccountingPronouncementsNarrativeDetail">
                <link:definition>403001 - Disclosure - Recent Accounting Pronouncements (Narrative) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStockTables" id="ELRID_CommonAndPreferredStockTables">
                <link:definition>318000 - Disclosure - Common and Preferred Stock (Tables)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesFairValueOfMBIAUKDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesFairValueOfMBIAUKDetail">
                <link:definition>401002 - Disclosure - Business Developments And Risks And Uncertainties (Fair Value of MBIA UK) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesLossOnSaleTransactionDetail" id="ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesLossOnSaleTransactionDetail">
                <link:definition>401003 - Disclosure - Business Developments And Risks And Uncertainties (Loss On Sale Transaction) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
            <link:roleType roleURI="http://www.mbia.com/role/CommonAndPreferredStockScheduleOfShareRepurchasesDetail" id="ELRID_CommonAndPreferredStockScheduleOfShareRepurchasesDetail">
                <link:definition>418002 - Disclosure - Common and Preferred Stock (Schedule of Share Repurchases) (Detail)</link:definition>
                <link:usedOn>link:presentationLink</link:usedOn>
                <link:usedOn>link:calculationLink</link:usedOn>
                <link:usedOn>link:definitionLink</link:usedOn>
            </link:roleType>
        </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
    <import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/invest/2013-01-31" schemaLocation="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd" />
    <import namespace="http://xbrl.sec.gov/stpr/2011-01-31" schemaLocation="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2014-01-31" schemaLocation="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2016-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2016-01-31" schemaLocation="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://fasb.org/us-types/2016-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2016/elts/us-types-2016-01-31.xsd" />
    <element name="AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" id="mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="AdjustmentGainsLossesOnExtinguishmentOfDebt" id="mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="AdvisoryServicesMember" id="mbi_AdvisoryServicesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AllOtherEmbeddedMember" id="mbi_AllOtherEmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AllOtherSecuritiesMember" id="mbi_AllOtherSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AllOtherVIEMember" id="mbi_AllOtherVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" id="mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" id="mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="AssetLiabilityProductsBusinessMember" id="mbi_AssetLiabilityProductsBusinessMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssetLiabilityProductsMember" id="mbi_AssetLiabilityProductsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssetsOfConsolidatedVIEsMember" id="mbi_AssetsOfConsolidatedVIEsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BETValuationModelMember" id="mbi_BETValuationModelMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BreachRateMember" id="mbi_BreachRateMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CapitalLossesCarryForwardPeriodInYears" id="mbi_CapitalLossesCarryForwardPeriodInYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" id="mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="CautionListHighMember" id="mbi_CautionListHighMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CautionListLowMember" id="mbi_CautionListLowMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CautionListMediumMember" id="mbi_CautionListMediumMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherAmericasMember" id="mbi_OtherAmericasMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" id="mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" id="mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" id="mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ClaimLiabilityAxis" id="mbi_ClaimLiabilityAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ClaimLiabilityDomain" id="mbi_ClaimLiabilityDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ClaimPayments" id="mbi_ClaimPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ClassifiedListMember" id="mbi_ClassifiedListMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CollectionsForCasesWithRecoveries" id="mbi_CollectionsForCasesWithRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="CommercialMortgageBackedSecuritiesSpreadsMember" id="mbi_CommercialMortgageBackedSecuritiesSpreadsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CommutedGrossInsuredExposure" id="mbi_CommutedGrossInsuredExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ConduitsMember" id="mbi_ConduitsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ConsumerAssetBackedMember" id="mbi_ConsumerAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" id="mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="CorporateAssetBackedMember" id="mbi_CorporateAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CorporateObligationMember" id="mbi_CorporateObligationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CorporateOperationsMember" id="mbi_CorporateOperationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditDerivativesMember" id="mbi_CreditDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditRatingAaaMember" id="mbi_CreditRatingAaaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditRatingAaMember" id="mbi_CreditRatingAaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditRatingBbbMember" id="mbi_CreditRatingBbbMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditRatingBelowInvestmentGradeMember" id="mbi_CreditRatingBelowInvestmentGradeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CreditRatingaMember" id="mbi_CreditRatingaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" id="mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="CurrencyDerivativesMember" id="mbi_CurrencyDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CurrencySwapsVieMember" id="mbi_CurrencySwapsVieMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DeferredTaxAssetsUnrealizedLossesOnInvestments" id="mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DerivativeAssetsMember" id="mbi_DerivativeAssetsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DerivativeAssetsVIEMember" id="mbi_DerivativeAssetsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" id="mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" id="mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" id="mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DerivativeLiabilitiesMember" id="mbi_DerivativeLiabilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" id="mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DerivativeLiabilitiesOtherInvestmentsMember" id="mbi_DerivativeLiabilitiesOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DerivativeLiabilitiesVIEMember" id="mbi_DerivativeLiabilitiesVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DerivativesCededUnderReinsuranceAgreements" id="mbi_DerivativesCededUnderReinsuranceAgreements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" id="mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DirectPriceModelMember" id="mbi_DirectPriceModelMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosedAtFairValueNotRecordedAtFairValueAxis" id="mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosedAtFairValueNotRecordedAtFairValueDomain" id="mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" id="mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" id="mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" id="mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" id="mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" id="mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureDerivativeInstrumentsNarrativeAbstract" id="mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" id="mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" id="mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" id="mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" id="mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" id="mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" id="mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementNarrativeAbstract" id="mbi_DisclosureFairValueMeasurementNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" id="mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" id="mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureIncomeTaxesNarrativeAbstract" id="mbi_DisclosureIncomeTaxesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" id="mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureInvestmentsNarrativeAbstract" id="mbi_DisclosureInvestmentsNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" id="mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureVariableInterestEntitiesNarrativeAbstract" id="mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" id="mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DocumentDocumentandEntityInformationAbstract" id="mbi_DocumentDocumentandEntityInformationAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EuropeExcludingUnitedKingdomMember" id="mbi_EuropeExcludingUnitedKingdomMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ExpensesOfConsolidatedVies" id="mbi_ExpensesOfConsolidatedVies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" id="mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="FairValueByConsolidatedStatementsOfOperationsAxis" id="mbi_FairValueByConsolidatedStatementsOfOperationsAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FairValueDisclosureWeightedAverageInYears" id="mbi_FairValueDisclosureWeightedAverageInYears" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" id="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" id="mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="FairValueOfCreditSupportAnnexes" id="mbi_FairValueOfCreditSupportAnnexes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" id="mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="FairValueOptionAggregateFairValueLoansReceivable" id="mbi_FairValueOptionAggregateFairValueLoansReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="FairValueOptionAggregateFairValueLongTermDebtInstruments" id="mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FairValueOptionContractualOutstandingPrincipalLoansReceivable" id="mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" id="mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FeesAndReimbursements" id="mbi_FeesAndReimbursements" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="FinancialGuaranteeCeded" id="mbi_FinancialGuaranteeCeded" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FinancialGuaranteeGross" id="mbi_FinancialGuaranteeGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" id="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="FirstLienRmbsMember" id="mbi_FirstLienRmbsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GreaterThanFivePercentToFifteenPercentMember" id="mbi_GreaterThanFivePercentToFifteenPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentsCarriedAtFairValueMember" id="mbi_InvestmentsCarriedAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" id="mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GainLossOnDerivativesRecognizedInIncome" id="mbi_GainLossOnDerivativesRecognizedInIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="GainsAndLossesRealizedAndUnrealizedEarningsDomain" id="mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GlobalPublicFinanceMember" id="mbi_GlobalPublicFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GlobalStructuredFinanceMember" id="mbi_GlobalStructuredFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GreaterThanFiftyPercentMember" id="mbi_GreaterThanFiftyPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GrossReserveRecoveriesOnUnpaidLosses" id="mbi_GrossReserveRecoveriesOnUnpaidLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="GuaranteedInvestmentAgreementsFairValue" id="mbi_GuaranteedInvestmentAgreementsFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="GuaranteeObligationsMaximumNetExposure" id="mbi_GuaranteeObligationsMaximumNetExposure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="ImpactOfFinancialGuaranteeMember" id="mbi_ImpactOfFinancialGuaranteeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" id="mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="IncreaseDecreaseInInsuranceLossRecoverable" id="mbi_IncreaseDecreaseInInsuranceLossRecoverable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseInLossAdjustmentExpenseRecoveries" id="mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" id="mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseToCaseBasisReserves" id="mbi_IncreaseDecreaseToCaseBasisReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="IneligibleMortgageLoansMember" id="mbi_IneligibleMortgageLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverable" id="mbi_InsuranceLossRecoverable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverableMember" id="mbi_InsuranceLossRecoverableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceOperationsMember" id="mbi_InsuranceOperationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuredDerivativesMember" id="mbi_InsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuredSwapsMember" id="mbi_InsuredSwapsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InterestIncomeExpenseMember" id="mbi_InterestIncomeExpenseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InterestRateDerivativesMember" id="mbi_InterestRateDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InterestRateSwapsEmbeddedMember" id="mbi_InterestRateSwapsEmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InterestRateSwapsVIEMember" id="mbi_InterestRateSwapsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InternationallyDiversifiedMember" id="mbi_InternationallyDiversifiedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" id="mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="FairValueBelowBookValueGreaterThanFivePercentMember" id="mbi_FairValueBelowBookValueGreaterThanFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LaeMember" id="mbi_LaeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LiabilitiesOfConsolidatedViesMember" id="mbi_LiabilitiesOfConsolidatedViesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LiquidAssets" id="mbi_LiquidAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="LoanRepurchaseCommitments" id="mbi_LoanRepurchaseCommitments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="LoanRepurchaseCommitmentsMember" id="mbi_LoanRepurchaseCommitmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LoanStatusAxis" id="mbi_LoanStatusAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LoanStatusDomain" id="mbi_LoanStatusDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossAndLaeReservesMember" id="mbi_LossAndLaeReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossAndLossAdjustmentExpenseLineItems" id="mbi_LossAndLossAdjustmentExpenseLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossAndLossAdjustmentExpenseReservesTable" id="mbi_LossAndLossAdjustmentExpenseReservesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" id="mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="LossPaymentsForCasesWithReserves" id="mbi_LossPaymentsForCasesWithReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="MaximumTaxableIncomeProjectionYears" id="mbi_MaximumTaxableIncomeProjectionYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaCorpMember" id="mbi_MbiaCorpMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaIncGeneralCorporatePurposesMember" id="mbi_MbiaIncGeneralCorporatePurposesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaIncMember" id="mbi_MbiaIncMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaIncTotalMember" id="mbi_MbiaIncTotalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MoneyMarketSecuritiesMember" id="mbi_MoneyMarketSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MultiSectorCDOMember" id="mbi_MultiSectorCDOMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NationalMember" id="mbi_NationalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" id="mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="NetOtherThanTemporaryImpairments" id="mbi_NetOtherThanTemporaryImpairments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" id="mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="NetUnrealizedLossRelatedToTransfersIntoLevelThree" id="mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="NetUnrealizedLossRelatedToTransfersOutOfLevelThree" id="mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="NonInsuredCreditDefaultSwapsMember" id="mbi_NonInsuredCreditDefaultSwapsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonInsuredCreditDefaultSwapsVIEMember" id="mbi_NonInsuredCreditDefaultSwapsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonInsuredDerivativesMember" id="mbi_NonInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonperformanceRiskMember" id="mbi_NonperformanceRiskMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonVariableInterestEntitiesLineItems" id="mbi_NonVariableInterestEntitiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfPolicies" id="mbi_NumberOfPolicies" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OtherAssetBackedMember" id="mbi_OtherAssetBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherDerivativesMember" id="mbi_OtherDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherFixedMaturityInvestmentsMember" id="mbi_OtherFixedMaturityInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherLoansMember" id="mbi_OtherLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherLocationsMember" id="mbi_OtherLocationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherLossesAndLossAndLossAdjustmentExpenseMember" id="mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PayableForInvestmentsPurchasedFairValueDisclosure" id="mbi_PayableForInvestmentsPurchasedFairValueDisclosure" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" id="mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="PercentageOfInsuredCreditDerivativesValueUnderBetModel" id="mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" id="mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfSectorSpecificTransactionsValuedUsingBetModel" id="mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfSecuritiesBookValueExceededMarketValue" id="mbi_PercentageOfSecuritiesBookValueExceededMarketValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfTransactionsValuedUsingCorporateSpread" id="mbi_PercentageOfTransactionsValuedUsingCorporateSpread" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" id="mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" id="mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PerpetualPreferredSecuritiesMember" id="mbi_PerpetualPreferredSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" id="mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" id="mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ProceedsFromConsolidationOfVariableInterestEntity" id="mbi_ProceedsFromConsolidationOfVariableInterestEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ProceedsFromReinsuranceAndRecoveries" id="mbi_ProceedsFromReinsuranceAndRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" id="mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="ReceivableForInvestmentsSold" id="mbi_ReceivableForInvestmentsSold" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" id="mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RecoveryRatesMember" id="mbi_RecoveryRatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ResidentialMortgageBackedAgencyMember" id="mbi_ResidentialMortgageBackedAgencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ResidentialMortgageBackedNonAgencyMember" id="mbi_ResidentialMortgageBackedNonAgencyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ResidentialMortgageLoansMember" id="mbi_ResidentialMortgageLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RevenuesOfConsolidatedVies" id="mbi_RevenuesOfConsolidatedVies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="CDOsMember" id="mbi_CDOsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" id="mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" id="mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" id="mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" id="mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" id="mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" id="mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" id="mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" id="mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" id="mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" id="mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SecuritiesInUnrealizedLossPositionMember" id="mbi_SecuritiesInUnrealizedLossPositionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GreaterThanFifteenPercentToTwentyFivePercentMember" id="mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InternationalAndStructuredFinanceInsuranceMember" id="mbi_InternationalAndStructuredFinanceInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SurveillanceCategoriesAxis" id="mbi_SurveillanceCategoriesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SurveillanceCategoriesDomain" id="mbi_SurveillanceCategoriesDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TaxableBondsMember" id="mbi_TaxableBondsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TaxableIncomeProjectionYears" id="mbi_TaxableIncomeProjectionYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="TaxExemptBondsMember" id="mbi_TaxExemptBondsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ThirdPartyGuarantorsMember" id="mbi_ThirdPartyGuarantorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TotalGainsLossesIncludedInEarningsMember" id="mbi_TotalGainsLossesIncludedInEarningsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TotalInsuranceMember" id="mbi_TotalInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TotalInvestmentsMember" id="mbi_TotalInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TransfersIntoAndOutOfLevelOne" id="mbi_TransfersIntoAndOutOfLevelOne" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="TransfersIntoLevelThree" id="mbi_TransfersIntoLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="TransfersIntoLevelTwo" id="mbi_TransfersIntoLevelTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="TransfersOutOfLevelThree" id="mbi_TransfersOutOfLevelThree" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="TransfersOutOfLevelTwo" id="mbi_TransfersOutOfLevelTwo" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="GreaterThanTwentyFivePercentToFiftyPercentMember" id="mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TypeOfGuaranteeAxis" id="mbi_TypeOfGuaranteeAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TypeOfGuaranteeDomain" id="mbi_TypeOfGuaranteeDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnobservableInputAxis" id="mbi_UnobservableInputAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnobservableInputDomain" id="mbi_UnobservableInputDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RecoveriesOnUnpaidLossesMember" id="mbi_RecoveriesOnUnpaidLossesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnrealizableDeferredTaxAssets" id="mbi_UnrealizableDeferredTaxAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="UnrealizedGainsLossesOnInsuredDerivativesMember" id="mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" id="mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="USPublicFinanceInsuranceMember" id="mbi_USPublicFinanceInsuranceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ValueDisclosedAtFairValueNotRecordedAtFairValueMember" id="mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="VariableInterestEntityNotesMember" id="mbi_VariableInterestEntityNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" id="mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="WeightedAverageLifeMember" id="mbi_WeightedAverageLifeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="WeightedAverageRemainingMaturityCreditDerivativesInYears" id="mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" type="us-types:durationStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="WrappedSecuritiesMember" id="mbi_WrappedSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FairValueMeasurementRangePercentage" id="mbi_FairValueMeasurementRangePercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OtherDerivativeLiabilitiesMember" id="mbi_OtherDerivativeLiabilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CommutedExposureAxis" id="mbi_CommutedExposureAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CommutedExposureDomain" id="mbi_CommutedExposureDomain" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TotalCommutedExposureMember" id="mbi_TotalCommutedExposureMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PreviouslyReportedCommutedExposureMember" id="mbi_PreviouslyReportedCommutedExposureMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CashCollateralToDerivativeCounterpartiesTable" id="mbi_CashCollateralToDerivativeCounterpartiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" id="mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" id="mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" id="mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" id="mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DeferredTaxLiabilitiesUnearnedPremiumRevenue" id="mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DeferredTaxLiabilitiesLossReserves" id="mbi_DeferredTaxLiabilitiesLossReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DeferredTaxLiabilitiesDeferralOfCodIncome" id="mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DeferredTaxAssetsNolsAndTaxCreditCarryforwards" id="mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" id="mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DeferredTaxAssetsInsuredDerivatives" id="mbi_DeferredTaxAssetsInsuredDerivatives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DeferredTaxAssetsVariableInterestEntities" id="mbi_DeferredTaxAssetsVariableInterestEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" id="mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="IncomeBeforeIncomeTaxesTable" id="mbi_IncomeBeforeIncomeTaxesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="IncomeBeforeIncomeTaxesAxis" id="mbi_IncomeBeforeIncomeTaxesAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DomesticMember" id="mbi_DomesticMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ForeignMember" id="mbi_ForeignMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AntidilutiveSharesAbstract" id="mbi_AntidilutiveSharesAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" id="mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" id="mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" id="mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" id="mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaCorpAndNationalMember" id="mbi_MbiaCorpAndNationalMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherInsurersMember" id="mbi_OtherInsurersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" id="mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" id="mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="AccountingPolicyLineItems" id="mbi_AccountingPolicyLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfQualifiedFinancialGuaranteeContracts" id="mbi_PercentageOfQualifiedFinancialGuaranteeContracts" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="NumberOfVariableInterestEntitiesConsolidated" id="mbi_NumberOfVariableInterestEntitiesConsolidated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseInOtherNetRealizedGainsLosses" id="mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="FirstLienResidentialMortgageBackedSecuritiesMember" id="mbi_FirstLienResidentialMortgageBackedSecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ConsolidatedVariableInterestEntitiesTax" id="mbi_ConsolidatedVariableInterestEntitiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="DeconsolidatedVariableInterestEntitiesTax" id="mbi_DeconsolidatedVariableInterestEntitiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="InterestRateOnSurplusNotes" id="mbi_InterestRateOnSurplusNotes" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="DerivativeAssetCounterpartyNettingAmountFairValue" id="mbi_DerivativeAssetCounterpartyNettingAmountFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DerivativeLiabilityCounterpartyNettingAmountFairValue" id="mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="MediumTermNotesAndOtherInvestmentsMember" id="mbi_MediumTermNotesAndOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ChangeInUnrealizedGainLossOnInvestments" id="mbi_ChangeInUnrealizedGainLossOnInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="AggregateClaimAmount" id="mbi_AggregateClaimAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" id="mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseInNetIncomeLoss" id="mbi_IncreaseDecreaseInNetIncomeLoss" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="DerivativeAssetsOtherInvestmentsMember" id="mbi_DerivativeAssetsOtherInvestmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ReleaseFromTaxSharingAgreementEscrowAccount" id="mbi_ReleaseFromTaxSharingAgreementEscrowAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="NumberOfVariableInterestEntitiesDeconsolidated" id="mbi_NumberOfVariableInterestEntitiesDeconsolidated" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="FinancialIntermediaryMember" id="mbi_FinancialIntermediaryMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AllOtherMember" id="mbi_AllOtherMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" id="mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PerpetualDebtAndEquitySecuritiesMember" id="mbi_PerpetualDebtAndEquitySecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfOtherLawsuits" id="mbi_NumberOfOtherLawsuits" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="ChangeInAbstract" id="mbi_ChangeInAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfFairValueBelowBookValueMaximum" id="mbi_PercentageOfFairValueBelowBookValueMaximum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="PercentageOfFairValueBelowBookValueMinimum" id="mbi_PercentageOfFairValueBelowBookValueMinimum" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="FairValueBelowBookValueByMoreThanFivePercentMember" id="mbi_FairValueBelowBookValueByMoreThanFivePercentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MBIACorpFinancingFacilityMember" id="mbi_MBIACorpFinancingFacilityMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherAssetsVIEMember" id="mbi_OtherAssetsVIEMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="WarrantTerm" id="mbi_WarrantTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SubsidiaryCollateralPercentage" id="mbi_SubsidiaryCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="MinimumStatutoryCapitalRequirement" id="mbi_MinimumStatutoryCapitalRequirement" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="SecuredRevolvingCreditAgreementTerm" id="mbi_SecuredRevolvingCreditAgreementTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DisposalOfAssetsCollateralMaximum" id="mbi_DisposalOfAssetsCollateralMaximum" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="MbiaIncSeniorNotesMember" id="mbi_MbiaIncSeniorNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaCorpSurplusNotesMember" id="mbi_MbiaCorpSurplusNotesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InitialMember" id="mbi_InitialMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BaseRateLoansMember" id="mbi_BaseRateLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ApplicableMarginMember" id="mbi_ApplicableMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FederalFundsRateMarginMember" id="mbi_FederalFundsRateMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AdjustedLiborRateMarginMember" id="mbi_AdjustedLiborRateMarginMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossAndLossAdjustmentExpenseRecoveriesLineItems" id="mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossAndLossAdjustmentExpenseRecoveriesTable" id="mbi_LossAndLossAdjustmentExpenseRecoveriesTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnrealizedLossPositionGreaterThanTwelveMonthsMember" id="mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RollforwardOfPremiumsReceivableTableTextBlock" id="mbi_RollforwardOfPremiumsReceivableTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="UndiscountedFuturePremiumsByPeriodTableTextBlock" id="mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" id="mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DebtInstrumentRepurchasedPercentOfParValue" id="mbi_DebtInstrumentRepurchasedPercentOfParValue" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="GlobalFundingLimitedMember" id="mbi_GlobalFundingLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GeneralCorporatePurposesProceedsLimit" id="mbi_GeneralCorporatePurposesProceedsLimit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="LiquidityRequirementsPeriod" id="mbi_LiquidityRequirementsPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PutbackRecoveriesCollateralPercentage" id="mbi_PutbackRecoveriesCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" id="mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" id="mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="DisposalOfAssetsCollateralPercentage" id="mbi_DisposalOfAssetsCollateralPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="SecuredLineOfCreditCollateral" id="mbi_SecuredLineOfCreditCollateral" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="RemediationEffortsMaximumAmount" id="mbi_RemediationEffortsMaximumAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="RemediationEffortsLoansOutstandingMaximumAmount" id="mbi_RemediationEffortsLoansOutstandingMaximumAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="RemediationEffortsStatutoryCapitalReductionMaximum" id="mbi_RemediationEffortsStatutoryCapitalReductionMaximum" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="LiquidityBorrowingsRepaymentPeriod" id="mbi_LiquidityBorrowingsRepaymentPeriod" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceInForceTextBlock" id="mbi_InsuranceInForceTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceRegulationsAndDividendsAbstract" id="mbi_InsuranceRegulationsAndDividendsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceRegulationsAndDividendsTextBlock" id="mbi_InsuranceRegulationsAndDividendsTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DeferredTaxAssetWriteOff" id="mbi_DeferredTaxAssetWriteOff" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" id="mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" id="mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" id="mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OmnibusPlanMember" id="mbi_OmnibusPlanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="RestrictedShareUnitMember" id="mbi_RestrictedShareUnitMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PerformanceBasedAwardsMember" id="mbi_PerformanceBasedAwardsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DeferredCashAwardsMember" id="mbi_DeferredCashAwardsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="KeyEmployeesMember" id="mbi_KeyEmployeesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AfterAmendmentMember" id="mbi_AfterAmendmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PriorToAmendmentMember" id="mbi_PriorToAmendmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" id="mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherOneMember" id="mbi_OtherOneMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" id="mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfNumberOfOptionsGrantedTableTextBlock" id="mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" id="mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" id="mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" id="mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="LongTermDebtBeforeSurplusNotesNoncurrent" id="mbi_LongTermDebtBeforeSurplusNotesNoncurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="DebtInstrumentMaturityYear" id="mbi_DebtInstrumentMaturityYear" type="xbrli:gYearItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DebtInstrumentCallDateForFirstFifthAnniversary" id="mbi_DebtInstrumentCallDateForFirstFifthAnniversary" type="invest:dateStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DebtInstrumentCallDateForSecondFifthAnniversary" id="mbi_DebtInstrumentCallDateForSecondFifthAnniversary" type="invest:dateStringItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" id="mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" id="mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" id="mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" id="mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" id="mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SurplusNotesDueTwoThousandThirtyThreeMember" id="mbi_SurplusNotesDueTwoThousandThirtyThreeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NotesCallablePrice" id="mbi_NotesCallablePrice" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" id="mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="DebtInstrumentFairValueAdjustment" id="mbi_DebtInstrumentFairValueAdjustment" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="InvestmentAgreementObligationsMember" id="mbi_InvestmentAgreementObligationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="VariableInterestEntityDebtMember" id="mbi_VariableInterestEntityDebtMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" id="mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" id="mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" id="mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" id="mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfInsuranceInForceByBondTypeTableTextBlock" id="mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" id="mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" id="mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="AveragerateMember" id="mbi_AveragerateMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BlueRidgeMember" id="mbi_BlueRidgeMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceInForceExpectedMaturityRangeYears" id="mbi_InsuranceInForceExpectedMaturityRangeYears" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ThirdPartyReinsurance" id="mbi_ThirdPartyReinsurance" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="AmountOfInsuranceInForceForFgicPolicies" id="mbi_AmountOfInsuranceInForceForFgicPolicies" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="AggregateAmountOfInsuredParOutstandingCededToReinsurers" id="mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="TransactionsGuaranteedOnBehalfOfVariousAffiliates" id="mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="FutureGuaranteePaymentsMaturityRange" id="mbi_FutureGuaranteePaymentsMaturityRange" type="xbrli:durationItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" id="mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="AggregateAmountInsuranceInForceOutstandingCededToReinsurers" id="mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="GuaranteesOfDerivativeContractsMember" id="mbi_GuaranteesOfDerivativeContractsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" id="mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FinancialGuarantyInsuranceCompanyMember" id="mbi_FinancialGuarantyInsuranceCompanyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SubTotalInsuranceInForceMember" id="mbi_SubTotalInsuranceInForceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NationallyDiversifiedMember" id="mbi_NationallyDiversifiedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherStatesMember" id="mbi_OtherStatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CountrySpecificMember" id="mbi_CountrySpecificMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonUnitedStatesMember" id="mbi_NonUnitedStatesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GeneralObligationMember" id="mbi_GeneralObligationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GeneralObligationLeaseMember" id="mbi_GeneralObligationLeaseMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MunicipalUtilitiesMember" id="mbi_MunicipalUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TaxBackedMember" id="mbi_TaxBackedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TransportationMember" id="mbi_TransportationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="HigherEducationMember" id="mbi_HigherEducationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="HealthCareMember" id="mbi_HealthCareMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MilitaryHousingMember" id="mbi_MilitaryHousingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestorOwnedUtilitiesMember" id="mbi_InvestorOwnedUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MunicipalHousingMember" id="mbi_MunicipalHousingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="StudentLoansMember" id="mbi_StudentLoansMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherPublicFinanceMember" id="mbi_OtherPublicFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InternationalUtilitiesMember" id="mbi_InternationalUtilitiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SovereignRelatedAndSubSovereignMember" id="mbi_SovereignRelatedAndSubSovereignMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LocalGovernmentsMember" id="mbi_LocalGovernmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssuredGuarantyCorpMember" id="mbi_AssuredGuarantyCorpMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssuredGuarantyReLtdMember" id="mbi_AssuredGuarantyReLtdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OverseasPrivateInvestmentCorporationMember" id="mbi_OverseasPrivateInvestmentCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ExportDevelopmentCanadaMember" id="mbi_ExportDevelopmentCanadaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OtherReinsurersMember" id="mbi_OtherReinsurersMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" id="mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="InvestmentInWhollyOwnedSubsidiaries" id="mbi_InvestmentInWhollyOwnedSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="InvestmentsPledgedAsCollateralAmortizedCost" id="mbi_InvestmentsPledgedAsCollateralAmortizedCost" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="EquityInNetIncomeLossOfSubsidiaries" id="mbi_EquityInNetIncomeLossOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="ContributionsToSubsidiaries" id="mbi_ContributionsToSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="LongTermAvailableForSaleMember" id="mbi_LongTermAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ShortTermAvailableForSaleMember" id="mbi_ShortTermAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EquityAvailableForSaleMember" id="mbi_EquityAvailableForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentsAtFairValueMember" id="mbi_InvestmentsAtFairValueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" id="mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaCorpSecuredLoanMember" id="mbi_MbiaCorpSecuredLoanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaIncNotPledgedAsCollateralMember" id="mbi_MbiaIncNotPledgedAsCollateralMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaServicesCorporationMember" id="mbi_MbiaServicesCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EuroAssetAcquisitionLimitedMember" id="mbi_EuroAssetAcquisitionLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsurancePremiumsAbstract" id="mbi_InsurancePremiumsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="InsurancePremiumsLineItems" id="mbi_InsurancePremiumsLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" id="mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="InsurancePremiumsTableTable" id="mbi_InsurancePremiumsTableTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnearnedPremiumRevenueMember" id="mbi_UnearnedPremiumRevenueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UpfrontMember" id="mbi_UpfrontMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InstallmentsMember" id="mbi_InstallmentsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AccretionMember" id="mbi_AccretionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceRegulationsAndDividendsLineItems" id="mbi_InsuranceRegulationsAndDividendsLineItems" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfPolicyholdersSurplus" id="mbi_PercentageOfPolicyholdersSurplus" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DeficitOfQualifyingAssets" id="mbi_DeficitOfQualifyingAssets" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="RequestedContingencyReserveReleaseToSurplus" id="mbi_RequestedContingencyReserveReleaseToSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="PercentageOfAdjustedNetInvestmentIncome" id="mbi_PercentageOfAdjustedNetInvestmentIncome" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="DividendPayingCapacity" id="mbi_DividendPayingCapacity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="StatutoryAccountingPracticesUnassignedSurplus" id="mbi_StatutoryAccountingPracticesUnassignedSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" id="mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="StatutoryAccountingPracticesStatutoryNetLossAmount" id="mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="StatutoryAccountingPracticesCapital" id="mbi_StatutoryAccountingPracticesCapital" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="StatutoryAccountingPracticesSurplus" id="mbi_StatutoryAccountingPracticesSurplus" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="StatutoryAccountingPracticesContingencyReserves" id="mbi_StatutoryAccountingPracticesContingencyReserves" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="InsuranceRegulationsAndDividendsTable" id="mbi_InsuranceRegulationsAndDividendsTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OptionTwoMember" id="mbi_OptionTwoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfPensionBenefitsVestedDueAfterTwoYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfPensionBenefitsVestedDueAfterThreeYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfPensionBenefitsVestedDueAfterFourYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfPensionBenefitsVestedDueAfterFiveYears" id="mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="QualifiedProfitSharingMember" id="mbi_QualifiedProfitSharingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PercentageOfVotingInterestsOfCompany" id="mbi_PercentageOfVotingInterestsOfCompany" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfSuretyBonds" id="mbi_NumberOfSuretyBonds" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="OutstandingExposureOnSuretyBonds" id="mbi_OutstandingExposureOnSuretyBonds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="LoansToExecutiveOfficersOrDirectors" id="mbi_LoansToExecutiveOfficersOrDirectors" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfCreditSupportAnnexes" id="mbi_NumberOfCreditSupportAnnexes" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" id="mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" id="mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ExcessSpreadMember" id="mbi_ExcessSpreadMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" id="mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" id="mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="VieInterestNet" id="mbi_VieInterestNet" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="LineOfCreditFacilityInterestAndCommitmentFeeAmount" id="mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="WarburgPincusMember" id="mbi_WarburgPincusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NationalHoldingsMember" id="mbi_NationalHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TotalEstimatedInsuranceRecoveries" id="mbi_TotalEstimatedInsuranceRecoveries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="PercentageOfFaceValueOfRepurchasedPreferredStock" id="mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NonPaymentOfDividendsOnPreferredStock" id="mbi_NonPaymentOfDividendsOnPreferredStock" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NumberOfDirectors" id="mbi_NumberOfDirectors" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="CommonAndPreferredStockTable" id="mbi_CommonAndPreferredStockTable" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LongTermIncentivePlanMember" id="mbi_LongTermIncentivePlanMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ClassBWarrantsMember" id="mbi_ClassBWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ClassBTwoWarrantsMember" id="mbi_ClassBTwoWarrantsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UnaffiliatedInvestorsMember" id="mbi_UnaffiliatedInvestorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TwoThousandAndSevenRepurchaseAuthorizationMember" id="mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuranceCorporationMember" id="mbi_InsuranceCorporationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" id="mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="NonqualifiedPensionMember" id="mbi_NonqualifiedPensionMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NonqualifiedProfitSharingMember" id="mbi_NonqualifiedProfitSharingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="GrossupWarrantMember" id="mbi_GrossupWarrantMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" id="mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="IncomeLossBeforeEquityInEarningsOfSubsidiaries" id="mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="MbiaAssetFinanceMember" id="mbi_MbiaAssetFinanceMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NationalPublicFinanceGuaranteeHoldingsMember" id="mbi_NationalPublicFinanceGuaranteeHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CapmacHoldingsMember" id="mbi_CapmacHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" id="mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="SurplusNotesOwnedAtParValue" id="mbi_SurplusNotesOwnedAtParValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="SeniorNotesPurchasedAtParValue" id="mbi_SeniorNotesPurchasedAtParValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="SurplusNotesWeightedAveragePricePerUnit" id="mbi_SurplusNotesWeightedAveragePricePerUnit" type="us-types:perUnitItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="WeightedAveragePriceOfSeniorNotes" id="mbi_WeightedAveragePriceOfSeniorNotes" type="us-types:perUnitItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NumberPooledInvestmentPrograms" id="mbi_NumberPooledInvestmentPrograms" type="xbrli:positiveIntegerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="CutwaterIscMember" id="mbi_CutwaterIscMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BoardOfDirectorsMember" id="mbi_BoardOfDirectorsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MaximumPercentageOfNotionalAssetSwap" id="mbi_MaximumPercentageOfNotionalAssetSwap" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="InvestmentsInCertainQualifingAssets" id="mbi_InvestmentsInCertainQualifingAssets" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="MinimumSurplusAndContingencyReservesMember" id="mbi_MinimumSurplusAndContingencyReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LossReservesAndUnearnedPremiumReservesMember" id="mbi_LossReservesAndUnearnedPremiumReservesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="StatutorySurplusNegativeImpact" id="mbi_StatutorySurplusNegativeImpact" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" id="mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PolicyholdersSurplusMember" id="mbi_PolicyholdersSurplusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SurplusMember" id="mbi_SurplusMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" id="mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DiscountedCashFlowMember" id="mbi_DiscountedCashFlowMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" id="mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssetLiabilityProductsSegmentMember" id="mbi_AssetLiabilityProductsSegmentMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ConsiderationForWarrantsIssuedShares" id="mbi_ConsiderationForWarrantsIssuedShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="ConsiderationForWarrantsIssuedAmount" id="mbi_ConsiderationForWarrantsIssuedAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" id="mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="MarchThirtyOneTwoThousandSeventeenMember" id="mbi_MarchThirtyOneTwoThousandSeventeenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="JuneThirtyTwoThousandSeventeenMember" id="mbi_JuneThirtyTwoThousandSeventeenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SeptemberThirtyTwoThousandSeventeenMember" id="mbi_SeptemberThirtyTwoThousandSeventeenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandSeventeenMember" id="mbi_DecemberThirtyOneTwoThousandSeventeenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandEighteenMember" id="mbi_DecemberThirtyOneTwoThousandEighteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandNineteenMember" id="mbi_DecemberThirtyOneTwoThousandNineteenMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandTwentyMember" id="mbi_DecemberThirtyOneTwoThousandTwentyMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandTwentySixMember" id="mbi_DecemberThirtyOneTwoThousandTwentySixMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandThirtyOneNineMember" id="mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" id="mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EmbeddedMember" id="mbi_EmbeddedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="BetanddualdefaultvaluationmodelsMember" id="mbi_BetanddualdefaultvaluationmodelsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" id="mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" id="mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MinorityInterestDecreaseFromRedemptionsShares" id="mbi_MinorityInterestDecreaseFromRedemptionsShares" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="PaymentsToAcquireFairValueOptionAndTradingSecurities" id="mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" id="mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" id="mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="DiscountedCashFlowsMember" id="mbi_DiscountedCashFlowsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="FairValueMeasurementRangeDollars" id="mbi_FairValueMeasurementRangeDollars" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" id="mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FairValueOptionAggregateFairValueMediumTermNotes" id="mbi_FairValueOptionAggregateFairValueMediumTermNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FairValueOptionAggregateDifferencesMediumTermNotes" id="mbi_FairValueOptionAggregateDifferencesMediumTermNotes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="FixedMaturitySecuritiesHeldAtFairValueVieMember" id="mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ReinstatedMember" id="mbi_ReinstatedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CityOfDetroitUtgoBonds" id="mbi_CityOfDetroitUtgoBonds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="NumberOfOperatingLeaseTermExtensions" id="mbi_NumberOfOperatingLeaseTermExtensions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="LeaseIncentives" id="mbi_LeaseIncentives" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="Payableforloanspurchased" id="mbi_Payableforloanspurchased" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="Cashcollateralpledge" id="mbi_Cashcollateralpledge" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="PaymentsForDeconsolidationOfVariableInterestEntity" id="mbi_PaymentsForDeconsolidationOfVariableInterestEntity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="DecemberThirtyOneTwoThousandTwentyOneMemberMember" id="mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="TrifiniumHoldingsLimitedMember" id="mbi_TrifiniumHoldingsLimitedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LiabilitiesheldforsaleMember" id="mbi_LiabilitiesheldforsaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="LoansreceivableatfairvalueMember" id="mbi_LoansreceivableatfairvalueMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PayableforloanspurchasedMember" id="mbi_PayableforloanspurchasedMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AssetsAndLiabilitiesHeldForSaleTableTextBlock" id="mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="SeniorNotesOwnedAtParValue" id="mbi_SeniorNotesOwnedAtParValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="TwothousandfourteenrepurchaseauthorizationMember" id="mbi_TwothousandfourteenrepurchaseauthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AnnualCompensationMaximumPensionPerEmployeeAmount" id="mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" id="mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="CutwaterHoldingsMember" id="mbi_CutwaterHoldingsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="SocietegeneraleMember" id="mbi_SocietegeneraleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="CommonStockSharesSold" id="mbi_CommonStockSharesSold" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="JulyTwoThousandFifteenRepurchaseAuthorizationMember" id="mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OctobertwothousandfifteenrepurchaseauthorizationMember" id="mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="AdvancesToSubsidiaries" id="mbi_AdvancesToSubsidiaries" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="Zohar2Member" id="mbi_Zohar2Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PuertoRicoMember" id="mbi_PuertoRicoMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="OutstandingBonds" id="mbi_OutstandingBonds" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="StructuredInsuranceSecuritizationsMember" id="mbi_StructuredInsuranceSecuritizationsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" id="mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" id="mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PutBackMember" id="mbi_PutBackMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="PaymentForSaleOfSubsidiary" id="mbi_PaymentForSaleOfSubsidiary" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="AmountPaidIntoTaxSharingAgreementEscrowAccount" id="mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="Accumulatedothercomprehensiveincomelossdeferredincometaxes" id="mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="TwoThousandSixteenRepurchaseAuthorizationMember" id="mbi_TwoThousandSixteenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuredSwapsHeldForSaleMember" id="mbi_InsuredSwapsHeldForSaleMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="Issuancecostsdebt" id="mbi_Issuancecostsdebt" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="instant" />
    <element name="ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" id="mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="NetFairValueOfSubsidiaryLessCostsToSell" id="mbi_NetFairValueOfSubsidiaryLessCostsToSell" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="Zohar1Member" id="mbi_Zohar1Member" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="UndrawnMember" id="mbi_UndrawnMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="MbiaUkMember" id="mbi_MbiaUkMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="ScheduleOfFairValueOfSubsidiarySoldTableTextBlock" id="mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="EffectOfNewAccountingPrinciple" id="mbi_EffectOfNewAccountingPrinciple" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="duration" />
    <element name="CommercialmortgagebackedandmultisectorcdomemberMember" id="mbi_CommercialmortgagebackedandmultisectorcdomemberMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments" id="mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities" id="mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="DeferredTaxLiabilitiesVariableInterestEntities" id="mbi_DeferredTaxLiabilitiesVariableInterestEntities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="OtherPayableMember" id="mbi_OtherPayableMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="Liquidityincrease" id="mbi_Liquidityincrease" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="debit" xbrli:periodType="duration" />
    <element name="OutstandingMember" id="mbi_OutstandingMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" id="mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" id="mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="instant" />
    <element name="InsuredFinancialObligationsOutstandingPrincipalAmountGross" id="mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="TaxCutsAndJobsActTaxRate" id="mbi_TaxCutsAndJobsActTaxRate" type="num:percentItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:periodType="duration" />
    <element name="StockPriceTargetsMember" id="mbi_StockPriceTargetsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="InternalPerformanceConditionsMember" id="mbi_InternalPerformanceConditionsMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="JuneTwoThousandSeventeenRepurchaseAuthorizationMember" id="mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" id="mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
    <element name="StockRepurchaseProgramCancelledAmount" id="mbi_StockRepurchaseProgramCancelledAmount" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" abstract="false" nillable="true" xbrli:balance="credit" xbrli:periodType="instant" />
    <element name="HighbridgeInternationalLlcMember" id="mbi_HighbridgeInternationalLlcMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" abstract="true" nillable="true" xbrli:periodType="duration" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>10
<FILENAME>mbi-20171231_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723) Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfComprehensiveIncomeLoss" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesIncomeTaxRateReconciliationDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIVReinsuranceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfCashFlows" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_127" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_128" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_129" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_130" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_131" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_132" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_134" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_133" xlink:to="Locator_us-gaap_Cash_134" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_136" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_135" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_136" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_138" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_137" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_138" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_139" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_140" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_139" xlink:to="Locator_mbi_LoanRepurchaseCommitments_140" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_142" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_141" xlink:to="Locator_us-gaap_Investments_142" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_156" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_155" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_156" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_158" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_157" xlink:to="Locator_us-gaap_OtherInvestments_158" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_160" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_159" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_160" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_162" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_161" xlink:to="Locator_us-gaap_TradingSecurities_162" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_164" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Investments_163" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_164" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_144" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_143" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_144" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_146" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_145" xlink:to="Locator_us-gaap_OtherAssets_146" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_148" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_147" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_148" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_150" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_149" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_150" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_152" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_151" xlink:to="Locator_mbi_InsuranceLossRecoverable_152" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="Locator_us-gaap_DerivativeAssetsNoncurrent_154" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Assets_153" xlink:to="Locator_us-gaap_DerivativeAssetsNoncurrent_154" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_166" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_165" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_166" order="46.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_169" xlink:to="Locator_us-gaap_StockholdersEquity_170" order="44.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_174" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_173" xlink:to="Locator_us-gaap_PreferredStockValue_174" order="38.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_176" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_175" xlink:to="Locator_us-gaap_CommonStockValue_176" order="39.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_178" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_177" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_178" order="40.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_180" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_179" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_180" order="41.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_182" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_181" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_182" order="42.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_184" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquity_183" xlink:to="Locator_us-gaap_TreasuryStockValue_184" order="43.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestAmountRepresentedByPreferredStock" xlink:label="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_172" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_171" xlink:to="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_172" order="45.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquity_167" xlink:to="Locator_us-gaap_Liabilities_168" order="35.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_186" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_185" xlink:to="Locator_us-gaap_UnearnedPremiums_186" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_188" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_187" xlink:to="Locator_us-gaap_NotesPayable_188" order="34.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_190" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_189" xlink:to="Locator_us-gaap_MediumTermNotes_190" order="29.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_192" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_191" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_192" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_194" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_193" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_194" order="30.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_196" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_195" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_196" order="28.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_198" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_197" xlink:to="Locator_us-gaap_DerivativeLiabilities_198" order="31.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_200" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_199" xlink:to="Locator_us-gaap_OtherLiabilities_200" order="33.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_202" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Liabilities_201" xlink:to="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_202" order="32.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_480" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_479" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_480" order="28.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_482" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLoss_481" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_482" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_484" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_483" xlink:to="Locator_us-gaap_Revenues_484" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_488" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_487" xlink:to="Locator_us-gaap_PremiumsEarnedNet_488" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_504" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_503" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_504" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_506" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_505" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_506" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_489" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_490" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_489" xlink:to="Locator_mbi_FeesAndReimbursements_490" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_492" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_491" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_492" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_508" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_507" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_508" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_510" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_509" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_510" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_494" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_493" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_494" order="17.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_512" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_511" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_512" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_514" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_513" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_514" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_496" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_495" xlink:to="Locator_us-gaap_NetInvestmentIncome_496" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_497" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_498" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_497" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_498" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_500" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_499" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_500" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_502" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_Revenues_501" xlink:to="Locator_us-gaap_OtherIncome_502" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_486" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_485" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_486" order="26.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_516" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_515" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_516" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_518" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_517" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_518" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_520" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_519" xlink:to="Locator_us-gaap_OperatingExpenses_520" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_522" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_BenefitsLossesAndExpenses_521" xlink:to="Locator_us-gaap_InterestExpense_522" order="25.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_698" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTax_697" xlink:to="Locator_us-gaap_NetIncomeLoss_698" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_700" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTax_699" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_700" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_702" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_701" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_702" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_714" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_713" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_714" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_716" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_715" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_716" order="19.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_704" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_703" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_704" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_718" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_717" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_718" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_720" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_719" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_720" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_706" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_705" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_706" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_722" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_721" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_722" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_724" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_723" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_724" order="8.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_708" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_707" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_708" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_726" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_725" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_726" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_728" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_727" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_728" order="12.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_710" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_709" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_710" order="16.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_730" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_729" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_730" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_731" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_732" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_731" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_732" order="15.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_712" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_711" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_712" order="23.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_734" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_733" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_734" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_736" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_735" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_736" order="22.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1060" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1059" xlink:to="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1060" order="64.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1062" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1061" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1062" order="65.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1064" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1063" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1064" order="66.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_1066" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1065" xlink:to="Locator_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_1066" order="67.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1068" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1067" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1068" order="68.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_1070" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1069" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_1070" order="73.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_1072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1071" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_1072" order="74.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="Locator_us-gaap_ShareBasedCompensation_1074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1073" xlink:to="Locator_us-gaap_ShareBasedCompensation_1074" order="79.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1075" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1076" order="70.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1078" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1077" xlink:to="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1078" order="69.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VieInterestNet" xlink:label="Locator_mbi_VieInterestNet_1080" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1079" xlink:to="Locator_mbi_VieInterestNet_1080" order="80.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1082" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1081" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1082" order="71.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_1084" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1083" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_1084" order="72.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1085" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_1086" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1085" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_1086" order="75.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1087" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1088" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1087" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1088" order="76.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1090" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1089" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1090" order="77.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1091" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1092" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1091" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1092" order="78.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_1094" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1093" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_1094" order="81.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_1096" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1095" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_1096" order="83.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1097" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_1098" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1097" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_1098" order="84.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1100" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1099" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1100" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_1108" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1107" xlink:to="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_1108" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1109" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_1110" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1109" xlink:to="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_1110" order="6.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1111" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_1112" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1111" xlink:to="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_1112" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_1114" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1113" xlink:to="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_1114" order="7.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_1116" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1115" xlink:to="Locator_us-gaap_InterestPaidNet_1116" order="10.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_1118" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1117" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_1118" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_1120" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1119" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_1120" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_1122" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1121" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_1122" order="11.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_1124" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1123" xlink:to="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_1124" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_1126" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1125" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_1126" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1102" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1101" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1102" order="37.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_1128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1127" xlink:to="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_1128" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_1130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1129" xlink:to="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_1130" order="20.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_1132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1131" xlink:to="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_1132" order="27.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1133" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_1134" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1133" xlink:to="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_1134" order="28.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_1136" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1135" xlink:to="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_1136" order="32.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_1138" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1137" xlink:to="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_1138" order="33.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_1140" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1139" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_1140" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_1142" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1141" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_1142" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_1144" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1143" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_1144" order="22.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_1146" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1145" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_1146" order="14.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_1148" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1147" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_1148" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_1150" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1149" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_1150" order="19.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_1152" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1151" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_1152" order="30.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_1154" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1153" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_1154" order="31.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="Locator_us-gaap_PaymentsToAcquireLoansReceivable_1156" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1155" xlink:to="Locator_us-gaap_PaymentsToAcquireLoansReceivable_1156" order="24.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_1158" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1157" xlink:to="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_1158" order="29.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_1160" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1159" xlink:to="Locator_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_1160" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_1162" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1161" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_1162" order="36.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_1164" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1163" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_1164" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_1166" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1165" xlink:to="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_1166" order="17.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_1168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1167" xlink:to="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_1168" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1169" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_1170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1169" xlink:to="Locator_mbi_ContributionsToSubsidiaries_1170" order="34.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1171" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="Locator_mbi_AdvancesToSubsidiaries_1172" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_1171" xlink:to="Locator_mbi_AdvancesToSubsidiaries_1172" order="35.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1104" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1103" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1104" order="55.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_1174" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1173" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_1174" order="41.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="Locator_us-gaap_RepaymentsOfMediumTermNotes_1176" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1175" xlink:to="Locator_us-gaap_RepaymentsOfMediumTermNotes_1176" order="42.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="Locator_us-gaap_RepaymentsOfNotesPayable_1178" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1177" xlink:to="Locator_us-gaap_RepaymentsOfNotesPayable_1178" order="44.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="Locator_us-gaap_PaymentsOfDividends_1180" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1179" xlink:to="Locator_us-gaap_PaymentsOfDividends_1180" order="46.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_1182" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1181" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_1182" order="47.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="Locator_us-gaap_PaymentsToMinorityShareholders_1184" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1183" xlink:to="Locator_us-gaap_PaymentsToMinorityShareholders_1184" order="51.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_1186" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1185" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_1186" order="48.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_1188" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1187" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_1188" order="45.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_1190" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1189" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_1190" order="49.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_1192" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1191" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_1192" order="50.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_1194" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1193" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_1194" order="52.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_1196" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1195" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_1196" order="39.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_1198" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1197" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_1198" order="40.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="Locator_us-gaap_ProceedsFromNotesPayable_1200" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1199" xlink:to="Locator_us-gaap_ProceedsFromNotesPayable_1200" order="43.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_1202" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1201" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_1202" order="53.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_1204" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_1203" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_1204" order="54.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1106" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1105" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1106" order="56.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2078" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2077" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2078" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2080" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2079" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2080" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2071" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2072" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2073" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2074" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2075" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2076" order="10.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_2858" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2857" xlink:to="Locator_us-gaap_OtherInvestments_2858" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2860" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2859" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2860" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2861" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_2862" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2861" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_2862" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2864" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2863" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2864" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2866" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2865" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2866" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2867" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2868" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2867" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2868" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_2870" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2869" xlink:to="Locator_us-gaap_MediumTermNotes_2870" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_2872" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2871" xlink:to="Locator_us-gaap_LongTermDebtFairValue_2872" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2873" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2874" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2873" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2874" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_2876" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2875" xlink:to="Locator_us-gaap_NotesPayable_2876" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_2878" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2877" xlink:to="Locator_mbi_Payableforloanspurchased_2878" order="15.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3256" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3255" xlink:to="Locator_us-gaap_NetInvestmentIncome_3256" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3258" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3257" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3258" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3259" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3260" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3259" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3260" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3262" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3261" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3262" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3264" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3263" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3264" order="7.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_3266" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3265" xlink:to="Locator_us-gaap_OtherIncome_3266" order="6.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4018" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4017" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4018" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4019" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4020" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4019" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4020" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4022" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4021" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4022" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4023" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4024" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4023" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4024" order="7.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_4522" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4521" xlink:to="Locator_us-gaap_NetIncomeLoss_4522" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="Locator_us-gaap_FairValueAdjustmentOfWarrants_4524" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4523" xlink:to="Locator_us-gaap_FairValueAdjustmentOfWarrants_4524" order="9.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted" xlink:label="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_4526" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4525" xlink:to="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_4526" order="8.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_4518" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4517" xlink:to="Locator_us-gaap_NetIncomeLoss_4518" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic" xlink:label="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_4520" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4519" xlink:to="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_4520" order="3.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_4612" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4611" xlink:to="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_4612" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4614" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4613" xlink:to="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4614" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_4616" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4615" xlink:to="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_4616" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_4618" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4617" xlink:to="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_4618" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4620" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4619" xlink:to="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4620" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_4622" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefit_4621" xlink:to="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_4622" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4624" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4623" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_4624" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4626" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4625" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4626" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_4628" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4627" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_4628" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_4630" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4629" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_4630" order="14.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_4632" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4631" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_4632" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_4634" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4633" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_4634" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_4636" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4635" xlink:to="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_4636" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_4638" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4637" xlink:to="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_4638" order="13.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4672" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4671" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4672" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_4674" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4673" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_4674" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_4676" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4675" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_4676" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_4678" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4677" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_4678" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4679" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_4680" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4679" xlink:to="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_4680" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_4682" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4681" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_4682" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_4684" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4683" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_4684" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_4686" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4685" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_4686" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_4688" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4687" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_4688" order="15.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_4690" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4689" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_4690" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_4692" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4691" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_4692" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_4694" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4693" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_4694" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_4696" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4695" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_4696" order="4.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4758" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4757" xlink:to="Locator_us-gaap_DeferredTaxAssetsGross_4758" order="28.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_4764" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4763" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_4764" order="16.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4765" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_4766" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4765" xlink:to="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_4766" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4767" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_4768" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4767" xlink:to="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_4768" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_4770" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4769" xlink:to="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_4770" order="22.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_4772" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4771" xlink:to="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_4772" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_4774" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4773" xlink:to="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_4774" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4776" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4775" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4776" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_4778" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4777" xlink:to="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_4778" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsOther_4780" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4779" xlink:to="Locator_us-gaap_DeferredTaxAssetsOther_4780" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_4782" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4781" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_4782" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_4784" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4783" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_4784" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4786" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsGross_4785" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4786" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4760" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4759" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4760" order="29.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4762" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4761" xlink:to="Locator_us-gaap_DeferredIncomeTaxLiabilities_4762" order="14.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4787" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_4788" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4787" xlink:to="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_4788" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="Locator_mbi_DeferredTaxLiabilitiesLossReserves_4790" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4789" xlink:to="Locator_mbi_DeferredTaxLiabilitiesLossReserves_4790" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_4792" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4791" xlink:to="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_4792" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_4794" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4793" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_4794" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_4796" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4795" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_4796" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOther_4798" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4797" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOther_4798" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_4800" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4799" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_4800" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDerivatives" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDerivatives_4802" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4801" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDerivatives_4802" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestments" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestments_4804" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4803" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestments_4804" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxLiabilitiesVariableInterestEntities_4806" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4805" xlink:to="Locator_mbi_DeferredTaxLiabilitiesVariableInterestEntities_4806" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_4808" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DeferredIncomeTaxLiabilities_4807" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_4808" order="9.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4876" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_4875" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4876" order="11.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4878" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_4877" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4878" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4880" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_4879" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4880" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4870" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4869" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4870" order="5.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4872" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4871" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4872" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_4874" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4873" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_4874" order="7.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5054" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5053" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5054" order="27.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5056" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5055" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5056" order="23.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5058" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5057" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5058" order="24.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5060" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5059" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5060" order="25.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5062" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5061" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5062" order="26.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5044" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5043" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5044" order="17.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5046" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5045" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5046" order="18.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5048" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5047" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5048" order="19.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5050" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5049" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5050" order="20.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5052" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecurities_5051" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5052" order="21.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5074" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5073" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5074" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5076" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5075" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5076" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5078" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5077" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5078" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5080" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5079" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5080" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5082" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5081" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5082" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5064" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5063" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5064" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5066" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5065" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5066" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5068" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5067" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5068" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5070" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5069" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5070" order="13.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5072" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5071" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5072" order="14.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5204" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5203" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5204" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5206" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5205" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5206" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5208" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5207" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5208" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5210" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5209" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5210" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5200" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5199" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5200" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5202" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5201" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5202" order="14.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5196" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5195" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5196" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5198" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5197" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5198" order="13.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5460" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5459" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5460" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5462" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5461" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5462" order="4.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_6250" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_6249" xlink:to="Locator_us-gaap_SurplusNotes_6250" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6252" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_6251" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6252" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6254" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_6253" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6254" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="Locator_mbi_Issuancecostsdebt_6256" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebtNoncurrent_6255" xlink:to="Locator_mbi_Issuancecostsdebt_6256" order="7.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6344" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6343" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6344" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6346" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6345" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6346" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6348" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6347" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6348" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6350" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6349" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6350" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6352" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6351" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6352" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6354" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6353" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6354" order="8.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6434" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6433" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6434" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6436" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6435" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6436" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6438" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6437" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6438" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6440" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6439" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6440" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6442" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6441" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6442" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6444" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_DebtInstrumentCarryingAmount_6443" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6444" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6446" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6445" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6446" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6448" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_LongTermDebt_6447" xlink:to="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6448" order="9.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7126" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_7125" xlink:to="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7126" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="Locator_us-gaap_DirectPremiumsEarned_7130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7129" xlink:to="Locator_us-gaap_DirectPremiumsEarned_7130" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="Locator_us-gaap_AssumedPremiumsEarned_7132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7131" xlink:to="Locator_us-gaap_AssumedPremiumsEarned_7132" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_7128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsEarnedNet_7127" xlink:to="Locator_us-gaap_CededPremiumsEarned_7128" order="4.0" weight="-1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsuranceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_7479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="Locator_us-gaap_DirectPremiumsWritten_7480" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_7479" xlink:to="Locator_us-gaap_DirectPremiumsWritten_7480" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_7481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="Locator_us-gaap_CededPremiumsWritten_7482" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_7481" xlink:to="Locator_us-gaap_CededPremiumsWritten_7482" order="2.0" weight="-1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_7483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="Locator_us-gaap_AssumedPremiumsWritten_7484" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_PremiumsWrittenNet_7483" xlink:to="Locator_us-gaap_AssumedPremiumsWritten_7484" order="3.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8114" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8113" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8114" order="1.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8116" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8115" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8116" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8118" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8117" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8118" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8120" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8119" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8120" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8122" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8121" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8122" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8124" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8123" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8124" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8126" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8125" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8126" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8128" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8127" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8128" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_8130" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8129" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_8130" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_8132" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8131" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_8132" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8133" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_8134" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8133" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_8134" order="11.0" weight="1" />
    </calculationLink>
    <calculationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_8166" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8165" xlink:to="Locator_us-gaap_UnearnedPremiums_8166" order="2.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8168" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8167" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8168" order="3.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8170" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8169" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8170" order="4.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8172" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8171" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8172" order="5.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8174" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8173" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8174" order="6.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8176" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8175" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8176" order="7.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8178" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8177" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8178" order="8.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8180" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8179" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8180" order="9.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8182" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8181" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8182" order="10.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8183" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8184" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8183" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8184" order="11.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8186" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8185" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8186" order="12.0" weight="1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8188" />
        <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8187" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8188" order="13.0" weight="1" />
    </calculationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>11
<FILENAME>mbi-20171231_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723) Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommonAndPreferredStockNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommitmentsAndContingenciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LongtermIncentivePlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedBalanceSheetsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_SignificantAccountingPoliciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_VariableInterestEntitiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceRegulationsAndDividendsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_PensionAndProfitSharingPlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedBalanceSheetsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquity" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfOperationsParenthetical" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" />
    <arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" />
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_205" xlink:to="Locator_dei_EntityDomain_206" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_207" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_209" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_210" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_227" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_228" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_229" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_230" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageAndSubrogationRecoveriesValue" xlink:label="Locator_us-gaap_SalvageAndSubrogationRecoveriesValue_232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_231" xlink:to="Locator_us-gaap_SalvageAndSubrogationRecoveriesValue_232" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_233" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_233" xlink:to="Locator_mbi_InsuranceLossRecoverable_234" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_235" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_236" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_237" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_238" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_239" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_240" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_243" xlink:to="Locator_us-gaap_Cash_244" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_245" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_246" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_247" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_248" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_249" xlink:to="Locator_mbi_LoanRepurchaseCommitments_250" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="Locator_us-gaap_DerivativeAssetsNoncurrent_252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_251" xlink:to="Locator_us-gaap_DerivativeAssetsNoncurrent_252" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_213" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_214" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_215" xlink:to="Locator_us-gaap_TradingSecurities_216" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_217" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_218" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_219" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_220" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_221" xlink:to="Locator_us-gaap_OtherInvestments_222" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_223" xlink:to="Locator_us-gaap_Investments_224" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_225" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_226" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_241" xlink:to="Locator_us-gaap_OtherAssets_242" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_253" xlink:to="Locator_us-gaap_Assets_254" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="Locator_us-gaap_CommitmentsAndContingencies_280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_279" xlink:to="Locator_us-gaap_CommitmentsAndContingencies_280" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_257" xlink:to="Locator_us-gaap_LiabilitiesAbstract_258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_259" xlink:to="Locator_us-gaap_UnearnedPremiums_260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_261" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_262" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_265" xlink:to="Locator_us-gaap_MediumTermNotes_266" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_271" xlink:to="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_272" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_275" xlink:to="Locator_us-gaap_NotesPayable_276" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_267" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_268" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_263" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_264" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_269" xlink:to="Locator_us-gaap_DerivativeLiabilities_270" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_273" xlink:to="Locator_us-gaap_OtherLiabilities_274" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_277" xlink:to="Locator_us-gaap_Liabilities_278" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_281" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_282" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestAmountRepresentedByPreferredStock" xlink:label="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_297" xlink:to="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_298" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_299" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_300" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_283" xlink:to="Locator_us-gaap_PreferredStockValue_284" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_285" xlink:to="Locator_us-gaap_CommonStockValue_286" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_287" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_288" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_289" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_290" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_291" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_292" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_293" xlink:to="Locator_us-gaap_TreasuryStockValue_294" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_295" xlink:to="Locator_us-gaap_StockholdersEquity_296" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_301" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_302" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_211" xlink:to="Locator_us-gaap_AssetsAbstract_212" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_255" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_256" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_35" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_36" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_35" xlink:to="Locator_us-gaap_StatementTable_36" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_203" xlink:to="Locator_dei_LegalEntityAxis_204" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_355" xlink:to="Locator_dei_EntityDomain_356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_357" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_359" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_360" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_361" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_362" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_363" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_363" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_364" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_365" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_366" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_367" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_368" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_369" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_370" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="Locator_us-gaap_InvestmentOwnedAtFairValue_372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_371" xlink:to="Locator_us-gaap_InvestmentOwnedAtFairValue_372" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_373" xlink:to="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_374" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="Locator_us-gaap_NotesPayableFairValueDisclosure_376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_375" xlink:to="Locator_us-gaap_NotesPayableFairValueDisclosure_376" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_377" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_378" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_379" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_380" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_383" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_384" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_385" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_386" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_387" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_388" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_391" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_392" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" xlink:label="Locator_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_393" xlink:to="Locator_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_394" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_389" xlink:to="Locator_us-gaap_CommonStockSharesIssued_390" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_395" xlink:to="Locator_us-gaap_TreasuryStockShares_396" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_381" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_382" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_349" xlink:to="Locator_us-gaap_StatementTable_350" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_353" xlink:to="Locator_dei_LegalEntityAxis_354" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_525" xlink:to="Locator_dei_EntityDomain_526" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_527" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_528" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_529" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_530" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_557" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_559" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_560" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_561" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_562" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_531" xlink:to="Locator_us-gaap_RevenuesAbstract_532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_533" xlink:to="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_535" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_537" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_538" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_539" xlink:to="Locator_us-gaap_PremiumsEarnedNet_540" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_541" xlink:to="Locator_us-gaap_NetInvestmentIncome_542" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_543" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_543" xlink:to="Locator_mbi_FeesAndReimbursements_544" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_545" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_546" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_547" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_547" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_548" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_549" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_550" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_551" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_552" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_553" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_553" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_554" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_555" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_556" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_563" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_564" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_565" xlink:to="Locator_us-gaap_OtherIncome_566" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RevenuesAbstract_567" xlink:to="Locator_us-gaap_Revenues_568" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_569" xlink:to="Locator_us-gaap_OperatingExpensesAbstract_570" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_571" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_573" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_574" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_575" xlink:to="Locator_us-gaap_OperatingExpenses_576" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_577" xlink:to="Locator_us-gaap_InterestExpense_578" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_579" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_580" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_581" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_582" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_583" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_584" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_585" xlink:to="Locator_us-gaap_NetIncomeLoss_586" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_587" xlink:to="Locator_us-gaap_EarningsPerShareAbstract_588" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_589" xlink:to="Locator_us-gaap_EarningsPerShareBasic_590" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_591" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_592" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_593" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_594" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_595" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_596" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_597" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_598" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_415" xlink:to="Locator_us-gaap_StatementTable_416" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_523" xlink:to="Locator_dei_LegalEntityAxis_524" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_619" xlink:to="Locator_dei_EntityDomain_620" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_621" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_622" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_623" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_624" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ProductOrServiceAxis_627" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_628" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_625" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_629" xlink:to="Locator_us-gaap_CededPremiumsEarned_630" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_611" xlink:to="Locator_us-gaap_StatementTable_612" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_617" xlink:to="Locator_us-gaap_ProductOrServiceAxis_618" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_615" xlink:to="Locator_dei_LegalEntityAxis_616" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_781" xlink:to="Locator_us-gaap_EquityComponentDomain_782" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_783" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_783" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_784" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_785" xlink:to="Locator_us-gaap_PreferredStockMember_786" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_787" xlink:to="Locator_us-gaap_ParentMember_788" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="Locator_us-gaap_CommonStockMember_790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_789" xlink:to="Locator_us-gaap_CommonStockMember_790" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="Locator_us-gaap_AdditionalPaidInCapitalMember_792" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_791" xlink:to="Locator_us-gaap_AdditionalPaidInCapitalMember_792" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="Locator_us-gaap_RetainedEarningsMember_794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_793" xlink:to="Locator_us-gaap_RetainedEarningsMember_794" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_796" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_795" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_796" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="Locator_us-gaap_TreasuryStockMember_798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ParentMember_797" xlink:to="Locator_us-gaap_TreasuryStockMember_798" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_799" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_800" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_801" xlink:to="Locator_us-gaap_CommonStockSharesIssued_802" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_803" xlink:to="Locator_us-gaap_TreasuryStockShares_804" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_805" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_806" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_807" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectOfNewAccountingPrinciple" xlink:label="Locator_mbi_EffectOfNewAccountingPrinciple_808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_807" xlink:to="Locator_mbi_EffectOfNewAccountingPrinciple_808" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="Locator_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_809" xlink:to="Locator_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_810" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_815" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_816" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_817" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_818" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_819" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_820" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_821" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_822" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_823" xlink:to="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_824" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_825" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_825" xlink:to="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_826" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_827" xlink:to="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_828" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_813" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_814" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_811" xlink:to="Locator_us-gaap_NetIncomeLoss_812" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_775" xlink:to="Locator_us-gaap_StatementTable_776" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_779" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_780" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_863" xlink:to="Locator_us-gaap_EquityComponentDomain_864" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_873" xlink:to="Locator_us-gaap_EquityComponentDomain_874" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_865" xlink:to="Locator_us-gaap_ParentMember_866" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_867" xlink:to="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_868" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_869" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_869" xlink:to="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_870" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_871" xlink:to="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_872" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_857" xlink:to="Locator_us-gaap_StatementTable_858" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_861" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_862" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1429" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1430" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1553" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1554" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_1432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1431" xlink:to="Locator_us-gaap_CashMember_1432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1433" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_1434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1433" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_1434" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1435" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_1436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1435" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_1436" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_1437" xlink:to="Locator_dei_EntityDomain_1438" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_dei_LegalEntityAxis_1551" xlink:to="Locator_dei_EntityDomain_1552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1443" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="Locator_mbi_AssetLiabilityProductsSegmentMember_1444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1443" xlink:to="Locator_mbi_AssetLiabilityProductsSegmentMember_1444" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1449" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalHoldingsMember" xlink:label="Locator_mbi_NationalHoldingsMember_1450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1449" xlink:to="Locator_mbi_NationalHoldingsMember_1450" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1451" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncTotalMember" xlink:label="Locator_mbi_MbiaIncTotalMember_1452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1451" xlink:to="Locator_mbi_MbiaIncTotalMember_1452" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1453" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterHoldingsMember" xlink:label="Locator_mbi_CutwaterHoldingsMember_1454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1453" xlink:to="Locator_mbi_CutwaterHoldingsMember_1454" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1457" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SocietegeneraleMember" xlink:label="Locator_mbi_SocietegeneraleMember_1458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1457" xlink:to="Locator_mbi_SocietegeneraleMember_1458" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1461" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_1462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1461" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_1462" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1455" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="Locator_mbi_MBIACorpFinancingFacilityMember_1456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1455" xlink:to="Locator_mbi_MBIACorpFinancingFacilityMember_1456" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1441" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1441" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1442" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1439" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_1440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1439" xlink:to="Locator_mbi_MbiaIncMember_1440" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1445" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1445" xlink:to="Locator_mbi_MbiaCorpMember_1446" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_1448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1447" xlink:to="Locator_mbi_NationalMember_1448" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1463" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_1464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1463" xlink:to="Locator_mbi_MbiaUkMember_1464" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1459" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_1460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1459" xlink:to="Locator_mbi_WarburgPincusMember_1460" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1413" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1414" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1417" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1418" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1421" xlink:to="Locator_mbi_CommutedExposureAxis_1422" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1465" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_CommutedExposureAxis_1465" xlink:to="Locator_mbi_CommutedExposureDomain_1466" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1549" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_CommutedExposureAxis_1549" xlink:to="Locator_mbi_CommutedExposureDomain_1550" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1467" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalCommutedExposureMember" xlink:label="Locator_mbi_TotalCommutedExposureMember_1468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_CommutedExposureDomain_1467" xlink:to="Locator_mbi_TotalCommutedExposureMember_1468" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1469" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="Locator_mbi_PreviouslyReportedCommutedExposureMember_1470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_CommutedExposureDomain_1469" xlink:to="Locator_mbi_PreviouslyReportedCommutedExposureMember_1470" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="Locator_us-gaap_MajorCustomersAxis_1426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1425" xlink:to="Locator_us-gaap_MajorCustomersAxis_1426" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="Locator_us-gaap_MajorCustomersAxis_1475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorCustomersAxis_1475" xlink:to="Locator_us-gaap_NameOfMajorCustomerDomain_1476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="Locator_us-gaap_MajorCustomersAxis_1547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_MajorCustomersAxis_1547" xlink:to="Locator_us-gaap_NameOfMajorCustomerDomain_1548" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1477" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar1Member" xlink:label="Locator_mbi_Zohar1Member_1478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1477" xlink:to="Locator_mbi_Zohar1Member_1478" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1479" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar2Member" xlink:label="Locator_mbi_Zohar2Member_1480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1479" xlink:to="Locator_mbi_Zohar2Member_1480" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1481" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PuertoRicoMember" xlink:label="Locator_mbi_PuertoRicoMember_1482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1481" xlink:to="Locator_mbi_PuertoRicoMember_1482" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_1428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1427" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_1428" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_1483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_1484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_1483" xlink:to="Locator_us-gaap_EquityComponentDomain_1484" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_1485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_1485" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1486" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1419" xlink:to="Locator_dei_LegalEntityAxis_1420" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1423" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1424" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1471" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1472" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1555" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_1474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1473" xlink:to="Locator_us-gaap_SubsequentEventMember_1474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_1488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1487" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_1488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="Locator_us-gaap_SeveranceCosts1_1490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1489" xlink:to="Locator_us-gaap_SeveranceCosts1_1490" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="Locator_us-gaap_LitigationSettlementExpense_1492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1491" xlink:to="Locator_us-gaap_LitigationSettlementExpense_1492" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_1494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1493" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_1494" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1495" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1496" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1497" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_1498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1497" xlink:to="Locator_mbi_WarrantTerm_1498" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1499" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1500" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_1502" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1501" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_1502" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1504" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1503" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1504" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1505" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1505" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1506" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_1508" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1507" xlink:to="Locator_mbi_LiquidAssets_1508" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1509" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1509" xlink:to="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1510" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1511" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_1512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1511" xlink:to="Locator_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_1512" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1513" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimPayments" xlink:label="Locator_mbi_ClaimPayments_1514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1513" xlink:to="Locator_mbi_ClaimPayments_1514" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1515" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="Locator_mbi_CommutedGrossInsuredExposure_1516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1515" xlink:to="Locator_mbi_CommutedGrossInsuredExposure_1516" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1517" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateClaimAmount" xlink:label="Locator_mbi_AggregateClaimAmount_1518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1517" xlink:to="Locator_mbi_AggregateClaimAmount_1518" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1519" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentForSaleOfSubsidiary" xlink:label="Locator_mbi_PaymentForSaleOfSubsidiary_1520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1519" xlink:to="Locator_mbi_PaymentForSaleOfSubsidiary_1520" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_1522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1521" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_1522" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1523" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1524" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_1526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1525" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_1526" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedShares_1528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1527" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedShares_1528" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1529" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1530" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1531" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonStockSharesSold" xlink:label="Locator_mbi_CommonStockSharesSold_1532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1531" xlink:to="Locator_mbi_CommonStockSharesSold_1532" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1533" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingBonds" xlink:label="Locator_mbi_OutstandingBonds_1534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1533" xlink:to="Locator_mbi_OutstandingBonds_1534" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalDate1" xlink:label="Locator_us-gaap_DisposalDate1_1536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1535" xlink:to="Locator_us-gaap_DisposalDate1_1536" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_1538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1537" xlink:to="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_1538" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1539" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_1540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1539" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_1540" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1541" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Liquidityincrease" xlink:label="Locator_mbi_Liquidityincrease_1542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1541" xlink:to="Locator_mbi_Liquidityincrease_1542" order="28.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_1544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1543" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_1544" order="29.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="Locator_us-gaap_GainLossOnSaleOfBusiness_1546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1545" xlink:to="Locator_us-gaap_GainLossOnSaleOfBusiness_1546" order="30.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1655" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_1656" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInsuranceMember" xlink:label="Locator_mbi_TotalInsuranceMember_1662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1661" xlink:to="Locator_mbi_TotalInsuranceMember_1662" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_1660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1659" xlink:to="Locator_mbi_GlobalPublicFinanceMember_1660" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_1658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1657" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_1658" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_1654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_1653" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_1654" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_1663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_1663" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_1664" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_1666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1665" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_1666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1667" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1668" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1669" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1670" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1671" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_1672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1671" xlink:to="Locator_mbi_ConsumerAssetBackedMember_1672" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1673" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_1674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1673" xlink:to="Locator_mbi_CorporateAssetBackedMember_1674" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_1651" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1652" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1647" xlink:to="Locator_us-gaap_StatementTable_1648" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1677" xlink:to="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1678" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_1680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1679" xlink:to="Locator_us-gaap_Investments_1680" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1681" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1682" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1683" xlink:to="Locator_mbi_InsuranceLossRecoverable_1684" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_1686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1685" xlink:to="Locator_us-gaap_UnearnedPremiums_1686" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1687" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1688" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_1690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1689" xlink:to="Locator_us-gaap_DerivativeLiabilities_1690" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1675" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1676" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1691" xlink:to="Locator_us-gaap_TradingSecurities_1692" order="9.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_1745" xlink:to="Locator_invest_InvestmentDomain_1746" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1747" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialIntermediaryMember" xlink:label="Locator_mbi_FinancialIntermediaryMember_1748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1747" xlink:to="Locator_mbi_FinancialIntermediaryMember_1748" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_1749" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1750" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1751" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1752" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1779" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1753" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1754" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1755" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1756" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1757" xlink:to="Locator_us-gaap_SegmentDomain_1758" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1759" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_1760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1759" xlink:to="Locator_mbi_AdvisoryServicesMember_1760" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1761" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1761" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1762" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1735" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1736" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1741" xlink:to="Locator_invest_InvestmentAxis_1742" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1743" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1744" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1739" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1740" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1763" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1764" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1765" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1766" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1767" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1768" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1769" xlink:to="Locator_us-gaap_TradingSecurities_1770" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1771" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1771" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1772" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="Locator_us-gaap_DeconsolidationGainOrLossAmount_1774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1773" xlink:to="Locator_us-gaap_DeconsolidationGainOrLossAmount_1774" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1775" xlink:to="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1776" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1777" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1778" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1849" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1850" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1853" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1854" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1851" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1852" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_1833" xlink:to="Locator_dei_EntityDomain_1834" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_1836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1835" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_1836" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1837" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_1837" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1838" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1839" xlink:to="Locator_us-gaap_SegmentDomain_1840" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1843" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienRmbsMember" xlink:label="Locator_mbi_FirstLienRmbsMember_1844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1843" xlink:to="Locator_mbi_FirstLienRmbsMember_1844" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_1848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1847" xlink:to="Locator_mbi_AllOtherMember_1848" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1841" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1841" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1842" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="Locator_mbi_CDOsMember_1846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1845" xlink:to="Locator_mbi_CDOsMember_1846" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1869" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_1870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1869" xlink:to="Locator_mbi_LoanRepurchaseCommitments_1870" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1871" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1872" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_1874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1873" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_1874" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1875" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1875" xlink:to="Locator_mbi_InsuranceLossRecoverable_1876" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1879" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1880" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1819" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1819" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1820" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1823" xlink:to="Locator_dei_LegalEntityAxis_1824" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1827" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1828" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1829" xlink:to="Locator_mbi_LoanStatusAxis_1830" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_LoanStatusAxis_1855" xlink:to="Locator_mbi_LoanStatusDomain_1856" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_LoanStatusAxis_1881" xlink:to="Locator_mbi_LoanStatusDomain_1882" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1857" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExcessSpreadMember" xlink:label="Locator_mbi_ExcessSpreadMember_1858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1857" xlink:to="Locator_mbi_ExcessSpreadMember_1858" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1859" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutBackMember" xlink:label="Locator_mbi_PutBackMember_1860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LoanStatusDomain_1859" xlink:to="Locator_mbi_PutBackMember_1860" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1825" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1826" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1831" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1831" xlink:to="Locator_mbi_ClaimLiabilityAxis_1832" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1861" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_1861" xlink:to="Locator_mbi_ClaimLiabilityDomain_1862" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1867" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_1868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1867" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_1868" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1863" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_1864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1863" xlink:to="Locator_mbi_LossAndLaeReservesMember_1864" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1865" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_1866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1865" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_1866" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1877" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1878" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1957" xlink:to="Locator_us-gaap_SegmentDomain_1958" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_1959" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1960" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_1970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1969" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_1970" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1971" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="Locator_mbi_TotalEstimatedInsuranceRecoveries_1972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1971" xlink:to="Locator_mbi_TotalEstimatedInsuranceRecoveries_1972" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1973" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_1974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1973" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_1974" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1975" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1976" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1977" xlink:to="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1978" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_1980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1979" xlink:to="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_1980" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1981" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_1982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1981" xlink:to="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_1982" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1986" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1985" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1986" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1949" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1949" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1950" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1955" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1956" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1953" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1953" xlink:to="Locator_mbi_ClaimLiabilityAxis_1954" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1961" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_1961" xlink:to="Locator_mbi_ClaimLiabilityDomain_1962" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1987" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1988" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_ClaimLiabilityAxis_1987" xlink:to="Locator_mbi_ClaimLiabilityDomain_1988" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_1964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1963" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_1964" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LaeMember" xlink:label="Locator_mbi_LaeMember_1966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1965" xlink:to="Locator_mbi_LaeMember_1966" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1967" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_1968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_1967" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_1968" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1984" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1983" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1984" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2015" xlink:to="Locator_us-gaap_SegmentDomain_2016" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2019" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2020" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2019" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2020" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2022" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2021" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2022" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2023" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="Locator_mbi_CDOsMember_2024" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2023" xlink:to="Locator_mbi_CDOsMember_2024" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2025" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2025" xlink:to="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2026" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_2018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2017" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_2018" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2027" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2028" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2009" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2010" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2013" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2014" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2093" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfPolicies" xlink:label="Locator_mbi_NumberOfPolicies_2094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2093" xlink:to="Locator_mbi_NumberOfPolicies_2094" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2095" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2096" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2097" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2098" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2099" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2100" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2101" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2102" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2103" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2104" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2105" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2106" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2107" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2108" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2109" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2110" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2111" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2112" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2113" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2114" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2067" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2068" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2081" xlink:to="Locator_mbi_SurveillanceCategoriesAxis_2082" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2083" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2084" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2115" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2115" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2116" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2085" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListLowMember" xlink:label="Locator_mbi_CautionListLowMember_2086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2085" xlink:to="Locator_mbi_CautionListLowMember_2086" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2087" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListMediumMember" xlink:label="Locator_mbi_CautionListMediumMember_2088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2087" xlink:to="Locator_mbi_CautionListMediumMember_2088" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2089" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListHighMember" xlink:label="Locator_mbi_CautionListHighMember_2090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2089" xlink:to="Locator_mbi_CautionListHighMember_2090" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2091" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassifiedListMember" xlink:label="Locator_mbi_ClassifiedListMember_2092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2091" xlink:to="Locator_mbi_ClassifiedListMember_2092" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2149" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2149" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2150" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2153" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2153" xlink:to="Locator_mbi_ClaimLiabilityAxis_2154" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2155" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2155" xlink:to="Locator_mbi_ClaimLiabilityDomain_2156" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2158" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2157" xlink:to="Locator_mbi_LossAndLaeReservesMember_2158" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2160" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2159" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2160" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2161" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="Locator_mbi_LossPaymentsForCasesWithReserves_2162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2161" xlink:to="Locator_mbi_LossPaymentsForCasesWithReserves_2162" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2164" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2163" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2164" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2166" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2165" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2166" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2167" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2168" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2167" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2168" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2170" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2169" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2170" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2171" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" xlink:label="Locator_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_2172" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2171" xlink:to="Locator_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_2172" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2173" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2174" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2173" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2174" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2215" xlink:to="Locator_us-gaap_SegmentDomain_2216" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2217" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_2217" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2218" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2219" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_ClaimLiabilityAxis_2219" xlink:to="Locator_mbi_ClaimLiabilityDomain_2220" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2221" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2221" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2222" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2223" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ClaimLiabilityDomain_2223" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2224" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2207" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2207" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2208" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2211" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2212" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2213" xlink:to="Locator_mbi_ClaimLiabilityAxis_2214" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2225" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2225" xlink:to="Locator_mbi_InsuranceLossRecoverable_2226" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2227" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2227" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2228" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2229" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2229" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2230" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2231" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="Locator_mbi_CollectionsForCasesWithRecoveries_2232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2231" xlink:to="Locator_mbi_CollectionsForCasesWithRecoveries_2232" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2233" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2233" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2234" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2235" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2236" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2237" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2237" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2238" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2239" xlink:to="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2240" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2241" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2242" order="9.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2310" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2309" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2310" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2311" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2312" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2311" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2312" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2314" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2313" xlink:to="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2314" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2316" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2315" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2316" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2318" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2317" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2318" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2320" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2319" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2320" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2322" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2321" xlink:to="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2322" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2323" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2324" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2323" xlink:to="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2324" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2325" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2326" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2325" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2326" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2327" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2328" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2327" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2328" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2329" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelThree" xlink:label="Locator_mbi_TransfersIntoLevelThree_2330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2329" xlink:to="Locator_mbi_TransfersIntoLevelThree_2330" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2331" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="Locator_mbi_TransfersOutOfLevelThree_2332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2331" xlink:to="Locator_mbi_TransfersOutOfLevelThree_2332" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2333" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="Locator_mbi_TransfersIntoLevelTwo_2334" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2333" xlink:to="Locator_mbi_TransfersIntoLevelTwo_2334" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2335" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="Locator_mbi_TransfersOutOfLevelTwo_2336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2335" xlink:to="Locator_mbi_TransfersOutOfLevelTwo_2336" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2337" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="Locator_mbi_TransfersIntoAndOutOfLevelOne_2338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2337" xlink:to="Locator_mbi_TransfersIntoAndOutOfLevelOne_2338" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2339" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2339" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2340" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2341" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2341" xlink:to="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2342" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2343" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2344" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2343" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2344" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="Locator_mbi_InterestRateOnSurplusNotes_2346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2345" xlink:to="Locator_mbi_InterestRateOnSurplusNotes_2346" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2297" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2298" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2301" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2302" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2304" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2303" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2304" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2347" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2348" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2306" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2305" xlink:to="Locator_mbi_BETValuationModelMember_2306" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2307" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2308" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2307" xlink:to="Locator_mbi_DirectPriceModelMember_2308" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_2385" xlink:to="Locator_invest_InvestmentDomain_2386" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2389" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MultiSectorCDOMember" xlink:label="Locator_mbi_MultiSectorCDOMember_2390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2389" xlink:to="Locator_mbi_MultiSectorCDOMember_2390" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialmortgagebackedandmultisectorcdomemberMember" xlink:label="Locator_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_2394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2393" xlink:to="Locator_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_2394" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2391" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_2392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2391" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_2392" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2387" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2388" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2395" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2396" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2399" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_2400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2399" xlink:to="Locator_mbi_CreditDerivativesMember_2400" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2397" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2398" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2401" xlink:to="Locator_us-gaap_ReceivableTypeDomain_2402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2407" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_2408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2407" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_2408" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_2404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2403" xlink:to="Locator_us-gaap_LoansReceivableMember_2404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2405" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2405" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2406" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_2409" xlink:to="Locator_us-gaap_RangeMember_2410" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_2448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_2447" xlink:to="Locator_us-gaap_WeightedAverageMember_2448" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_2444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_2443" xlink:to="Locator_us-gaap_MinimumMember_2444" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_2446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_2445" xlink:to="Locator_us-gaap_MaximumMember_2446" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2369" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2370" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2373" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2374" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2375" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2376" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2377" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_2378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2377" xlink:to="Locator_mbi_UnobservableInputAxis_2378" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_2411" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_UnobservableInputAxis_2411" xlink:to="Locator_mbi_UnobservableInputDomain_2412" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_2461" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_UnobservableInputAxis_2461" xlink:to="Locator_mbi_UnobservableInputDomain_2462" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2413" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="Locator_mbi_ImpactOfFinancialGuaranteeMember_2414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2413" xlink:to="Locator_mbi_ImpactOfFinancialGuaranteeMember_2414" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2415" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveryRatesMember" xlink:label="Locator_mbi_RecoveryRatesMember_2416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2415" xlink:to="Locator_mbi_RecoveryRatesMember_2416" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2417" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BreachRateMember" xlink:label="Locator_mbi_BreachRateMember_2418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2417" xlink:to="Locator_mbi_BreachRateMember_2418" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2419" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonperformanceRiskMember" xlink:label="Locator_mbi_NonperformanceRiskMember_2420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2419" xlink:to="Locator_mbi_NonperformanceRiskMember_2420" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageLifeMember" xlink:label="Locator_mbi_WeightedAverageLifeMember_2422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2421" xlink:to="Locator_mbi_WeightedAverageLifeMember_2422" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2423" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_2424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2423" xlink:to="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_2424" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2425" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="Locator_mbi_DiscountedCashFlowsMember_2426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_UnobservableInputDomain_2425" xlink:to="Locator_mbi_DiscountedCashFlowsMember_2426" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2379" xlink:to="Locator_invest_InvestmentAxis_2380" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2381" xlink:to="Locator_us-gaap_RangeAxis_2382" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_2384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2383" xlink:to="Locator_us-gaap_ValuationTechniqueAxis_2384" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_2427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_2427" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_2428" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_2459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_2459" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_2460" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2429" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" xlink:label="Locator_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_2430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2429" xlink:to="Locator_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_2430" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2431" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowMember" xlink:label="Locator_mbi_DiscountedCashFlowMember_2432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2431" xlink:to="Locator_mbi_DiscountedCashFlowMember_2432" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2433" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_2434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2433" xlink:to="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_2434" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2435" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_2436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2435" xlink:to="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_2436" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2437" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2437" xlink:to="Locator_mbi_BETValuationModelMember_2438" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2439" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2439" xlink:to="Locator_mbi_DirectPriceModelMember_2440" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2441" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="Locator_mbi_BetanddualdefaultvaluationmodelsMember_2442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2441" xlink:to="Locator_mbi_BetanddualdefaultvaluationmodelsMember_2442" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2449" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="Locator_mbi_FairValueMeasurementRangePercentage_2450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2449" xlink:to="Locator_mbi_FairValueMeasurementRangePercentage_2450" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2451" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="Locator_mbi_FairValueMeasurementRangeDollars_2452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2451" xlink:to="Locator_mbi_FairValueMeasurementRangeDollars_2452" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2453" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2453" xlink:to="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2454" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2455" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2456" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2457" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2458" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureRecurring_2680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2679" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureRecurring_2680" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_2682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2681" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_2682" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2545" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2546" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2555" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2556" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2563" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2564" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2569" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="Locator_mbi_OtherFixedMaturityInvestmentsMember_2570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2569" xlink:to="Locator_mbi_OtherFixedMaturityInvestmentsMember_2570" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_2568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2567" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_2568" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_2566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2565" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_2566" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_2560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2559" xlink:to="Locator_us-gaap_FairValueByLiabilityClassAxis_2560" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_2571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_2571" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_2683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_2683" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2684" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2573" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredDerivativesMember" xlink:label="Locator_mbi_InsuredDerivativesMember_2574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2573" xlink:to="Locator_mbi_InsuredDerivativesMember_2574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2575" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="Locator_mbi_NonInsuredDerivativesMember_2576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2575" xlink:to="Locator_mbi_NonInsuredDerivativesMember_2576" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2553" xlink:to="Locator_invest_InvestmentAxis_2554" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_2577" xlink:to="Locator_invest_InvestmentDomain_2578" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="Locator_mbi_LoansreceivableatfairvalueMember_2606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2605" xlink:to="Locator_mbi_LoansreceivableatfairvalueMember_2606" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_2612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2611" xlink:to="Locator_us-gaap_WarrantMember_2612" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldNotYetPurchasedMember" xlink:label="Locator_us-gaap_SecuritiesSoldNotYetPurchasedMember_2614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2613" xlink:to="Locator_us-gaap_SecuritiesSoldNotYetPurchasedMember_2614" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="Locator_mbi_PayableforloanspurchasedMember_2618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2617" xlink:to="Locator_mbi_PayableforloanspurchasedMember_2618" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativesMember" xlink:label="Locator_mbi_OtherDerivativesMember_2620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2619" xlink:to="Locator_mbi_OtherDerivativesMember_2620" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_2626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2625" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_2626" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:label="Locator_us-gaap_FixedIncomeFundsMember_2628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2627" xlink:to="Locator_us-gaap_FixedIncomeFundsMember_2628" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2585" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_2586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2585" xlink:to="Locator_mbi_CorporateObligationMember_2586" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_2600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2599" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_2600" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_2608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2607" xlink:to="Locator_us-gaap_MediumTermNotesMember_2608" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_2602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2601" xlink:to="Locator_mbi_CreditDerivativesMember_2602" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2603" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_2604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2603" xlink:to="Locator_mbi_InterestRateDerivativesMember_2604" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2615" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_2616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2615" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_2616" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2609" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_2610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2609" xlink:to="Locator_mbi_CurrencyDerivativesMember_2610" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_2622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2621" xlink:to="Locator_us-gaap_EquitySecuritiesMember_2622" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_2630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2629" xlink:to="Locator_us-gaap_OtherAssetsMember_2630" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2631" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPayableMember" xlink:label="Locator_mbi_OtherPayableMember_2632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2631" xlink:to="Locator_mbi_OtherPayableMember_2632" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_2580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2579" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_2580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_2582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2581" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_2582" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_2584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2583" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_2584" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_2588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2587" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_2588" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_2590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2589" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_2590" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2591" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2592" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_2594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2593" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_2594" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2595" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_2596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2595" xlink:to="Locator_mbi_OtherAssetBackedMember_2596" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_2598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2597" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_2598" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_2624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_2623" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_2624" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2557" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2558" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2634" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2633" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2634" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2636" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2635" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2636" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2549" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2638" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2637" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2638" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2685" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2686" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_2640" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2639" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_2640" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_2642" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2641" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_2642" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_2644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2643" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_2644" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2551" xlink:to="Locator_us-gaap_InvestmentTypeAxis_2552" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_2677" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_2678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_2648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2647" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_2648" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2649" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_2650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2649" xlink:to="Locator_mbi_DerivativeAssetsMember_2650" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2651" xlink:to="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2652" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_2656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2655" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_2656" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="Locator_mbi_LiabilitiesheldforsaleMember_2660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2659" xlink:to="Locator_mbi_LiabilitiesheldforsaleMember_2660" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableBondsMember" xlink:label="Locator_mbi_TaxableBondsMember_2662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2661" xlink:to="Locator_mbi_TaxableBondsMember_2662" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2663" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxExemptBondsMember" xlink:label="Locator_mbi_TaxExemptBondsMember_2664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2663" xlink:to="Locator_mbi_TaxExemptBondsMember_2664" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInvestmentsMember" xlink:label="Locator_mbi_TotalInvestmentsMember_2666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2665" xlink:to="Locator_mbi_TotalInvestmentsMember_2666" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_2668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2667" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_2668" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_2658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2657" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_2658" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_2646" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2645" xlink:to="Locator_us-gaap_FixedMaturitiesMember_2646" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2653" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_2654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2653" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_2654" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2561" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2562" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2669" xlink:to="Locator_us-gaap_ReceivableTypeDomain_2670" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="Locator_us-gaap_ResidentialPortfolioSegmentMember_2672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2671" xlink:to="Locator_us-gaap_ResidentialPortfolioSegmentMember_2672" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_2674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2673" xlink:to="Locator_us-gaap_LoansReceivableMember_2674" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2675" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2676" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2889" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2890" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2891" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2892" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2893" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_2896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2895" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_2896" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_2898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2897" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_2898" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_2900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2899" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_2900" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2853" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2854" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_2880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2879" xlink:to="Locator_us-gaap_FairValueByMeasurementBasisAxis_2880" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_2901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_2901" xlink:to="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2902" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_2953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_2953" xlink:to="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2954" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_2912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2911" xlink:to="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_2912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2913" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2914" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2881" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2882" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2903" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2904" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2951" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2952" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_2906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2905" xlink:to="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_2906" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2883" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2884" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2885" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2886" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_2888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2887" xlink:to="Locator_us-gaap_MajorPropertyClassAxis_2888" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_2907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_2908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_2907" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_2908" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_2949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_2950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_2949" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_2950" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_2909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorPropertyClassDomain_2909" xlink:to="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2910" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_2916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2915" xlink:to="Locator_us-gaap_OtherInvestments_2916" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2918" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2917" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2918" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2919" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_2920" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2919" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_2920" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2922" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2921" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2922" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2924" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2923" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2924" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Cashcollateralpledge" xlink:label="Locator_mbi_Cashcollateralpledge_2926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2925" xlink:to="Locator_mbi_Cashcollateralpledge_2926" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2927" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2928" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2929" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2929" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2930" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_2932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2931" xlink:to="Locator_us-gaap_MediumTermNotes_2932" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_2934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2933" xlink:to="Locator_us-gaap_LongTermDebtFairValue_2934" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2935" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2936" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="Locator_us-gaap_InterestPayableCurrent_2938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2937" xlink:to="Locator_us-gaap_InterestPayableCurrent_2938" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_2940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2939" xlink:to="Locator_us-gaap_NotesPayable_2940" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_2942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2941" xlink:to="Locator_mbi_Payableforloanspurchased_2942" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2943" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2944" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeGross" xlink:label="Locator_mbi_FinancialGuaranteeGross_2946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2945" xlink:to="Locator_mbi_FinancialGuaranteeGross_2946" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="Locator_mbi_FinancialGuaranteeCeded_2948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2947" xlink:to="Locator_mbi_FinancialGuaranteeCeded_2948" order="17.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3117" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3118" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3119" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_3120" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3121" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3122" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3123" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3124" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3125" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3126" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3127" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3128" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3129" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3130" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3132" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3131" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3132" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3134" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3133" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3134" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3136" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3135" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3136" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3138" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3137" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3138" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3140" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3139" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3140" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3142" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3141" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3142" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3143" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3144" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3145" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3146" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3148" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3147" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3148" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3149" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3149" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3150" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3151" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3152" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3153" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3154" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3155" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3156" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3158" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3157" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3158" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3160" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3159" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3160" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3161" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3162" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3164" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3163" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3164" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3045" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3046" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3049" xlink:to="Locator_invest_InvestmentAxis_3050" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_3057" xlink:to="Locator_invest_InvestmentDomain_3058" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3166" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_invest_InvestmentAxis_3165" xlink:to="Locator_invest_InvestmentDomain_3166" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3063" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3063" xlink:to="Locator_mbi_CorporateObligationMember_3064" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3076" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3075" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3076" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3077" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3078" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3079" xlink:to="Locator_us-gaap_MediumTermNotesMember_3080" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3081" xlink:to="Locator_mbi_CreditDerivativesMember_3082" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3083" xlink:to="Locator_mbi_InterestRateDerivativesMember_3084" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3085" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3085" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3086" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3087" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3087" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3088" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3089" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3089" xlink:to="Locator_mbi_CurrencyDerivativesMember_3090" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3091" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3092" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3095" xlink:to="Locator_us-gaap_OtherAssetsMember_3096" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3097" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPayableMember" xlink:label="Locator_mbi_OtherPayableMember_3098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3097" xlink:to="Locator_mbi_OtherPayableMember_3098" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3059" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3060" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3061" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3062" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3065" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3065" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3066" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3067" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3068" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3070" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3069" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3070" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3072" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3071" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3072" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3074" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3073" xlink:to="Locator_mbi_OtherAssetBackedMember_3074" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3093" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3093" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3094" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3053" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3054" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3099" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3103" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3103" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3104" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3101" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3102" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3055" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3056" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3105" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3106" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3107" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3108" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3051" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3052" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3109" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3110" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="Locator_us-gaap_ResidentialPortfolioSegmentMember_3112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3111" xlink:to="Locator_us-gaap_ResidentialPortfolioSegmentMember_3112" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3113" xlink:to="Locator_us-gaap_LoansReceivableMember_3114" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3115" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3115" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3116" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3273" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3274" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3275" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3276" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3277" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3279" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3280" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3251" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3252" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3267" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3268" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3269" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3270" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3271" xlink:to="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3272" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3281" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3281" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3282" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3301" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3301" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3302" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3283" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3283" xlink:to="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3284" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3285" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3285" xlink:to="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3286" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3287" xlink:to="Locator_us-gaap_NetInvestmentIncome_3288" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3289" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3290" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3291" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3291" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3292" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3293" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3294" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_3296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3295" xlink:to="Locator_us-gaap_OtherIncome_3296" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3297" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3298" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3299" xlink:to="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3300" order="7.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3329" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3330" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3334" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3333" xlink:to="Locator_us-gaap_InvestmentTypeAxis_3334" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_3367" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_3368" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3339" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="Locator_mbi_InvestmentsCarriedAtFairValueMember_3340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3339" xlink:to="Locator_mbi_InvestmentsCarriedAtFairValueMember_3340" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3341" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3341" xlink:to="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3342" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3347" xlink:to="Locator_us-gaap_OtherAssetsMember_3348" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3349" xlink:to="Locator_us-gaap_MediumTermNotesMember_3350" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3351" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3352" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3351" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3352" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="Locator_us-gaap_LongTermDebtMember_3354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3353" xlink:to="Locator_us-gaap_LongTermDebtMember_3354" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3355" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3356" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3343" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3344" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3343" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3344" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3345" xlink:to="Locator_mbi_OtherLoansMember_3346" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3335" xlink:to="Locator_dei_LegalEntityAxis_3336" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_3357" xlink:to="Locator_dei_EntityDomain_3358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3359" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3360" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3361" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3362" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3337" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3338" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3363" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3364" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3373" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3374" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3365" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3365" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3366" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3369" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3369" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_3372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3371" xlink:to="Locator_us-gaap_OtherIncome_3372" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_3455" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_3456" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3445" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3445" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3446" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3447" xlink:to="Locator_mbi_OtherLoansMember_3448" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_3449" xlink:to="Locator_dei_EntityDomain_3450" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3451" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3452" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3453" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3454" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3437" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3438" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3441" xlink:to="Locator_us-gaap_InvestmentTypeAxis_3442" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3443" xlink:to="Locator_dei_LegalEntityAxis_3444" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3457" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_3458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3457" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_3458" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_3460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3459" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_3460" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3461" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_3462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3461" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_3462" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3463" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_3464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3463" xlink:to="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_3464" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3465" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_3466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3465" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_3466" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_3468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3467" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_3468" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3469" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_3470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3469" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_3470" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3471" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_3472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3471" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_3472" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_3474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3473" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_3474" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_3476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3475" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_3476" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_3478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3477" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_3478" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3479" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_3480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3479" xlink:to="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_3480" order="12.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3527" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3528" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_3530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3529" xlink:to="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_3530" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3535" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3535" xlink:to="Locator_mbi_CorporateObligationMember_3536" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3537" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3537" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3538" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3531" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3532" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3533" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3534" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_3539" xlink:to="Locator_invest_InvestmentDomain_3540" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3541" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_3542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3541" xlink:to="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_3542" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_3543" xlink:to="Locator_dei_EntityDomain_3544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3545" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_3546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3545" xlink:to="Locator_mbi_MbiaCorpMember_3546" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3559" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_3560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3559" xlink:to="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_3560" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_3562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3561" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_3562" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3563" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_3564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3563" xlink:to="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_3564" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3565" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_3566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3565" xlink:to="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_3566" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3567" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_3568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3567" xlink:to="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_3568" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3569" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_3570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3569" xlink:to="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_3570" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3511" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3512" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3519" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3520" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_3548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3547" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_3548" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_3572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3571" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_3572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_3549" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="Locator_mbi_AssetLiabilityProductsBusinessMember_3550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_3549" xlink:to="Locator_mbi_AssetLiabilityProductsBusinessMember_3550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3521" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3522" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3551" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3573" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_3554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3553" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_3554" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3525" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_3526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3525" xlink:to="Locator_mbi_TypeOfGuaranteeAxis_3526" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_3555" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_3556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_3555" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_3556" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_3575" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_3576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_3575" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_3576" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_3557" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="Locator_mbi_ThirdPartyGuarantorsMember_3558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_TypeOfGuaranteeDomain_3557" xlink:to="Locator_mbi_ThirdPartyGuarantorsMember_3558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3517" xlink:to="Locator_invest_InvestmentAxis_3518" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3515" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3516" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3523" xlink:to="Locator_dei_LegalEntityAxis_3524" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3651" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3652" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3653" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_3654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3653" xlink:to="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_3654" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_3656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3655" xlink:to="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_3656" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_3658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3657" xlink:to="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_3658" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanFiftyPercentMember_3660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3659" xlink:to="Locator_mbi_GreaterThanFiftyPercentMember_3660" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3661" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3662" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_3663" xlink:to="Locator_invest_InvestmentDomain_3664" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_3666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_3665" xlink:to="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_3666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3667" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3668" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_3670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3669" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_3670" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_3672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3671" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_3672" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_3674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3673" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_3674" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3675" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3676" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_3678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3677" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_3678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_3680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3679" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_3680" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3681" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3682" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_3684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3683" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_3684" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3685" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_3686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3685" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_3686" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3643" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3644" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3649" xlink:to="Locator_invest_InvestmentAxis_3650" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3647" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3648" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3725" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3726" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3727" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3728" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3729" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3730" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_3732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3731" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_3732" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3733" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="Locator_mbi_AllOtherSecuritiesMember_3734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3733" xlink:to="Locator_mbi_AllOtherSecuritiesMember_3734" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_3735" xlink:to="Locator_dei_EntityDomain_3736" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="Locator_mbi_MbiaCorpAndNationalMember_3738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3737" xlink:to="Locator_mbi_MbiaCorpAndNationalMember_3738" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherInsurersMember" xlink:label="Locator_mbi_OtherInsurersMember_3740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_3739" xlink:to="Locator_mbi_OtherInsurersMember_3740" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3715" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3716" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3719" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_3722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3721" xlink:to="Locator_us-gaap_FinancialInstrumentAxis_3722" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_3741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_3741" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3742" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_3751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_3751" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3752" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WrappedSecuritiesMember" xlink:label="Locator_mbi_WrappedSecuritiesMember_3744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3743" xlink:to="Locator_mbi_WrappedSecuritiesMember_3744" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3723" xlink:to="Locator_dei_LegalEntityAxis_3724" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_3746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3745" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_3746" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3747" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_3748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3747" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_3748" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_3750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3749" xlink:to="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_3750" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_3821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_3822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_3821" xlink:to="Locator_us-gaap_SegmentDomain_3822" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_3855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_3856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_3855" xlink:to="Locator_us-gaap_SegmentDomain_3856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_3823" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceOperationsMember" xlink:label="Locator_mbi_InsuranceOperationsMember_3824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_3823" xlink:to="Locator_mbi_InsuranceOperationsMember_3824" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_3850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3849" xlink:to="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_3850" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_3854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3853" xlink:to="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_3854" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_3852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3851" xlink:to="Locator_invest_DerivativeNotionalAmount_3852" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_3811" xlink:to="Locator_us-gaap_DerivativeTable_3812" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_3815" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3816" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3825" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3826" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3857" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3858" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3827" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaaMember" xlink:label="Locator_mbi_CreditRatingAaaMember_3828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3827" xlink:to="Locator_mbi_CreditRatingAaaMember_3828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaMember" xlink:label="Locator_mbi_CreditRatingAaMember_3830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3829" xlink:to="Locator_mbi_CreditRatingAaMember_3830" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3831" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingaMember" xlink:label="Locator_mbi_CreditRatingaMember_3832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3831" xlink:to="Locator_mbi_CreditRatingaMember_3832" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBbbMember" xlink:label="Locator_mbi_CreditRatingBbbMember_3834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3833" xlink:to="Locator_mbi_CreditRatingBbbMember_3834" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="Locator_mbi_CreditRatingBelowInvestmentGradeMember_3836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3835" xlink:to="Locator_mbi_CreditRatingBelowInvestmentGradeMember_3836" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_3818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_3817" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_3818" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_3819" xlink:to="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3820" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3837" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_3838" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3859" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_3860" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_3840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3839" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_3840" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3841" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_3842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3841" xlink:to="Locator_mbi_InsuredSwapsMember_3842" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_3844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3843" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_3844" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_3846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3845" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_3846" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="Locator_mbi_InsuredSwapsHeldForSaleMember_3848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3847" xlink:to="Locator_mbi_InsuredSwapsHeldForSaleMember_3848" order="5.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_3925" xlink:to="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3926" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_3930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3929" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_3930" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_3933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_3933" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_3934" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3937" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3938" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3943" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_3944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3943" xlink:to="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_3944" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_3936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3935" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_3936" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3941" xlink:to="Locator_us-gaap_MediumTermNotesMember_3942" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3939" xlink:to="Locator_us-gaap_OtherAssetsMember_3940" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_3932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3931" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_3932" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_3945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_3946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_3945" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_3946" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_3947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EmbeddedMember" xlink:label="Locator_mbi_EmbeddedMember_3948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_3947" xlink:to="Locator_mbi_EmbeddedMember_3948" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3949" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="Locator_mbi_GuaranteeObligationsMaximumNetExposure_3950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3949" xlink:to="Locator_mbi_GuaranteeObligationsMaximumNetExposure_3950" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_3952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3951" xlink:to="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_3952" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_3954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3953" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_3954" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_3956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3955" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_3956" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3957" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="Locator_mbi_NumberOfCreditSupportAnnexes_3958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3957" xlink:to="Locator_mbi_NumberOfCreditSupportAnnexes_3958" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="Locator_mbi_FairValueOfCreditSupportAnnexes_3960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3959" xlink:to="Locator_mbi_FairValueOfCreditSupportAnnexes_3960" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3961" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_3962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3961" xlink:to="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_3962" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_3964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3963" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_3964" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_3966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3965" xlink:to="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_3966" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3967" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_3968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3967" xlink:to="Locator_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_3968" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_3970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3969" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_3970" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_3976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3975" xlink:to="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_3976" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_3972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3971" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_3972" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_3974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_3973" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_3974" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4031" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4032" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4103" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4104" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4033" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4033" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4034" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4035" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="Locator_mbi_DerivativeLiabilitiesVIEMember_4036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4035" xlink:to="Locator_mbi_DerivativeLiabilitiesVIEMember_4036" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4037" xlink:to="Locator_us-gaap_MediumTermNotesMember_4038" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4039" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4039" xlink:to="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4040" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4041" xlink:to="Locator_us-gaap_OtherAssetsMember_4042" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4043" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="Locator_mbi_DerivativeAssetsVIEMember_4044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4043" xlink:to="Locator_mbi_DerivativeAssetsVIEMember_4044" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4045" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_4046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4045" xlink:to="Locator_mbi_DerivativeAssetsMember_4046" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4047" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4047" xlink:to="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4048" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4049" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsVIEMember" xlink:label="Locator_mbi_OtherAssetsVIEMember_4050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4049" xlink:to="Locator_mbi_OtherAssetsVIEMember_4050" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4051" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4052" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4065" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="Locator_mbi_InterestRateSwapsEmbeddedMember_4066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4065" xlink:to="Locator_mbi_InterestRateSwapsEmbeddedMember_4066" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_4074" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4073" xlink:to="Locator_mbi_AllOtherMember_4074" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4077" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="Locator_mbi_AllOtherEmbeddedMember_4078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4077" xlink:to="Locator_mbi_AllOtherEmbeddedMember_4078" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="Locator_mbi_InsuredSwapsHeldForSaleMember_4080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4079" xlink:to="Locator_mbi_InsuredSwapsHeldForSaleMember_4080" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4055" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4056" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4059" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4059" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4060" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4061" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4061" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4062" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4053" xlink:to="Locator_us-gaap_InterestRateSwapMember_4054" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4063" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4063" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4064" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4067" xlink:to="Locator_us-gaap_CurrencySwapMember_4068" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4070" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4069" xlink:to="Locator_mbi_CurrencySwapsVieMember_4070" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4072" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4071" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4072" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4076" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4075" xlink:to="Locator_mbi_AllOtherVIEMember_4076" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4057" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4057" xlink:to="Locator_mbi_InsuredSwapsMember_4058" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4087" xlink:to="Locator_invest_DerivativeNotionalAmount_4088" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4089" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4089" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4090" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4091" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4091" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4092" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4093" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4094" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4095" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4095" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4096" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4097" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4097" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4098" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4099" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4100" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4013" xlink:to="Locator_us-gaap_DerivativeTable_4014" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4027" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4028" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4029" xlink:to="Locator_us-gaap_HedgingDesignationAxis_4030" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4081" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4082" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4101" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4102" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4083" xlink:to="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4084" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4085" xlink:to="Locator_us-gaap_NondesignatedMember_4086" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4025" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4026" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4189" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4190" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4191" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4192" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4194" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4193" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4194" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4196" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4195" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4196" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4198" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4197" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4198" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4200" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4199" xlink:to="Locator_us-gaap_InterestRateSwapMember_4200" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4202" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4201" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4202" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4203" xlink:to="Locator_us-gaap_CurrencySwapMember_4204" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4205" xlink:to="Locator_mbi_CurrencySwapsVieMember_4206" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4207" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4208" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4209" xlink:to="Locator_mbi_AllOtherVIEMember_4210" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4211" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4211" xlink:to="Locator_mbi_InsuredSwapsMember_4212" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="Locator_us-gaap_CommodityIndexLinkedNotesMember_4214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4213" xlink:to="Locator_us-gaap_CommodityIndexLinkedNotesMember_4214" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DerivativeLineItems_4215" xlink:to="Locator_us-gaap_DerivativeTable_4216" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4217" xlink:to="Locator_us-gaap_IncomeStatementLocationAxis_4218" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4175" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4176" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4177" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4178" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4179" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4179" xlink:to="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4180" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4181" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4181" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4182" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4183" xlink:to="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4184" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4185" xlink:to="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4186" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="Locator_mbi_InterestIncomeExpenseMember_4188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4187" xlink:to="Locator_mbi_InterestIncomeExpenseMember_4188" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4219" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4220" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DerivativeTable_4221" xlink:to="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4222" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4223" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4224" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4225" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4226" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4227" xlink:to="Locator_us-gaap_NondesignatedMember_4228" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="Locator_us-gaap_FairValueHedgingMember_4230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4229" xlink:to="Locator_us-gaap_FairValueHedgingMember_4230" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4231" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4231" xlink:to="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4232" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4233" xlink:to="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4234" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeLineItems_4235" xlink:to="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4236" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4352" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4351" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4353" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4355" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4356" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_4361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_4362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_4361" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_4362" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_4363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_4364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_4363" xlink:to="Locator_us-gaap_SubsequentEventMember_4364" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4357" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_4360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4359" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_4360" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4345" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4346" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4347" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4348" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_4350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4349" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_4350" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4341" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4342" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4365" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4366" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_4368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4367" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_4368" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="Locator_us-gaap_DeferredTaxLiabilities_4370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4369" xlink:to="Locator_us-gaap_DeferredTaxLiabilities_4370" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4371" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4372" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4373" xlink:to="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4374" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4375" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4375" xlink:to="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4376" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4377" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="Locator_mbi_TaxableIncomeProjectionYears_4378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4377" xlink:to="Locator_mbi_TaxableIncomeProjectionYears_4378" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4379" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="Locator_mbi_MaximumTaxableIncomeProjectionYears_4380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4379" xlink:to="Locator_mbi_MaximumTaxableIncomeProjectionYears_4380" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4381" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4381" xlink:to="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4382" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4383" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="Locator_mbi_UnrealizableDeferredTaxAssets_4384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4383" xlink:to="Locator_mbi_UnrealizableDeferredTaxAssets_4384" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4385" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4386" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4387" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4387" xlink:to="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4388" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4389" xlink:to="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4390" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4391" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4391" xlink:to="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4392" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4393" xlink:to="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4394" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4395" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4395" xlink:to="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4396" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4397" xlink:to="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4398" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="Locator_us-gaap_OperatingLossCarryforwards_4400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4399" xlink:to="Locator_us-gaap_OperatingLossCarryforwards_4400" order="18.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4401" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4402" order="19.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4403" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4404" order="20.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefits_4406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4405" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefits_4406" order="21.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4407" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4408" order="22.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4409" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxCutsAndJobsActTaxRate" xlink:label="Locator_mbi_TaxCutsAndJobsActTaxRate_4410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4409" xlink:to="Locator_mbi_TaxCutsAndJobsActTaxRate_4410" order="23.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_4457" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_4458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_4457" xlink:to="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_4458" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_4435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_4435" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4436" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_4440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4439" xlink:to="Locator_us-gaap_StatementGeographicalAxis_4440" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_4441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_4441" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_4442" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_4459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementGeographicalAxis_4459" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_4460" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_GB" xlink:label="Locator_country_GB_4446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4445" xlink:to="Locator_country_GB_4446" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="Locator_mbi_EuropeExcludingUnitedKingdomMember_4448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4447" xlink:to="Locator_mbi_EuropeExcludingUnitedKingdomMember_4448" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4451" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAmericasMember" xlink:label="Locator_mbi_OtherAmericasMember_4452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4451" xlink:to="Locator_mbi_OtherAmericasMember_4452" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AsiaMember" xlink:label="Locator_us-gaap_AsiaMember_4454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4453" xlink:to="Locator_us-gaap_AsiaMember_4454" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4455" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLocationsMember" xlink:label="Locator_mbi_OtherLocationsMember_4456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4455" xlink:to="Locator_mbi_OtherLocationsMember_4456" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4449" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_4450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4449" xlink:to="Locator_mbi_InternationallyDiversifiedMember_4450" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_4444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4443" xlink:to="Locator_country_US_4444" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_4551" xlink:to="Locator_dei_EntityDomain_4552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4553" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_4554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4553" xlink:to="Locator_mbi_NationalMember_4554" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_4541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_LossContingenciesLineItems_4541" xlink:to="Locator_us-gaap_LossContingenciesTable_4542" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_LossContingenciesTable_4543" xlink:to="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_4548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4547" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_4548" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_4558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4557" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_4558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_4549" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinstatedMember" xlink:label="Locator_mbi_ReinstatedMember_4550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LossContingencyNatureDomain_4549" xlink:to="Locator_mbi_ReinstatedMember_4550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_LossContingenciesTable_4545" xlink:to="Locator_dei_LegalEntityAxis_4546" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_4555" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="Locator_mbi_CityOfDetroitUtgoBonds_4556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LossContingenciesLineItems_4555" xlink:to="Locator_mbi_CityOfDetroitUtgoBonds_4556" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4811" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DomesticMember" xlink:label="Locator_mbi_DomesticMember_4812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4811" xlink:to="Locator_mbi_DomesticMember_4812" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4813" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignMember" xlink:label="Locator_mbi_ForeignMember_4814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_4813" xlink:to="Locator_mbi_ForeignMember_4814" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_4815" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_4816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_4815" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesTable_4816" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_4817" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_4817" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4818" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4819" xlink:to="Locator_dei_EntityDomain_4820" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4821" xlink:to="Locator_dei_EntityDomain_4822" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_4823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_4823" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4824" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_4887" xlink:to="Locator_invest_InvestmentDomain_4888" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_4890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4889" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_4890" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_4892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4891" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_4892" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_4894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4893" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_4894" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_4896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4895" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_4896" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_4898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4897" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_4898" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_4900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4899" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_4900" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_4902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4901" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_4902" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_4904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4903" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_4904" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_4906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4905" xlink:to="Locator_mbi_OtherAssetBackedMember_4906" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_4908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4907" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_4908" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_4910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_4909" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_4910" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4911" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4913" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4914" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_4917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_4918" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_4917" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_4918" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_4943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_4944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_InvestmentTypeAxis_4943" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_4944" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_4915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_4916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_4915" xlink:to="Locator_us-gaap_FixedMaturitiesMember_4916" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4922" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4921" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4922" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4924" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4923" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4924" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4925" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4926" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_4928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4927" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_4928" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4929" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_4930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4929" xlink:to="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_4930" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4935" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4936" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4937" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4938" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_4942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4941" xlink:to="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_4942" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4933" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_4934" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4939" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4940" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4845" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4846" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_4882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4881" xlink:to="Locator_us-gaap_InvestmentTypeAxis_4882" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4883" xlink:to="Locator_invest_InvestmentAxis_4884" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4885" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4886" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4920" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4919" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4920" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4931" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4932" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5087" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5088" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5089" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5090" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5094" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_5093" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_5094" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_5091" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5092" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5098" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5097" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_5098" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5100" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5099" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_5100" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5102" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5101" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_5102" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5104" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5103" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5104" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5106" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5105" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5106" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5107" xlink:to="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5108" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5109" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5110" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5111" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5112" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5113" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5114" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5115" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5116" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5117" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5118" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5119" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5120" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5123" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5124" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5125" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5126" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5127" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5128" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5129" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5130" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5132" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5131" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5132" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5134" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5133" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5134" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5136" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5135" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5136" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5138" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5137" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5138" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5140" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5139" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5140" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5142" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5141" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5142" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5143" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5144" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5145" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5146" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4992" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4991" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4992" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5083" xlink:to="Locator_us-gaap_InvestmentTypeAxis_5084" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5085" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5086" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5096" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5095" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5096" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5121" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5122" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_5217" xlink:to="Locator_invest_InvestmentDomain_5218" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5219" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5220" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5221" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5222" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5223" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5224" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5225" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5226" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5227" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5227" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5228" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5229" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5229" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5230" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5231" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5232" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5233" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5234" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5235" xlink:to="Locator_mbi_OtherAssetBackedMember_5236" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5237" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5237" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5238" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_5239" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5240" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5241" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5242" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5243" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5244" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_5247" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_5248" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_5245" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5246" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5251" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5252" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5253" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5254" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5256" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5255" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5256" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5257" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5258" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5259" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5260" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5261" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5262" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5265" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5266" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5267" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5268" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5269" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5270" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5271" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5272" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5273" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5274" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5275" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5276" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5167" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5168" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5167" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5168" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5211" xlink:to="Locator_us-gaap_InvestmentTypeAxis_5212" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5213" xlink:to="Locator_invest_InvestmentAxis_5214" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5215" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5216" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5249" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5250" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5263" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5264" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5330" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_5329" xlink:to="Locator_us-gaap_RangeMember_5330" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_5346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5345" xlink:to="Locator_us-gaap_WeightedAverageMember_5346" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5341" xlink:to="Locator_us-gaap_MinimumMember_5342" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5344" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5343" xlink:to="Locator_us-gaap_MaximumMember_5344" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5322" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5321" xlink:to="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5322" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5326" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5325" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5326" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5331" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5332" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5349" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5350" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="Locator_us-gaap_BuildingAndBuildingImprovementsMember_5334" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5333" xlink:to="Locator_us-gaap_BuildingAndBuildingImprovementsMember_5334" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="Locator_us-gaap_LeaseholdImprovementsMember_5336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5335" xlink:to="Locator_us-gaap_LeaseholdImprovementsMember_5336" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="Locator_us-gaap_FurnitureAndFixturesMember_5338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5337" xlink:to="Locator_us-gaap_FurnitureAndFixturesMember_5338" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="Locator_us-gaap_ComputerEquipmentMember_5340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5339" xlink:to="Locator_us-gaap_ComputerEquipmentMember_5340" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5328" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5327" xlink:to="Locator_us-gaap_RangeAxis_5328" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_5348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5347" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_5348" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5393" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5394" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_5396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5395" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_5396" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5397" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5398" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_5399" xlink:to="Locator_us-gaap_RangeMember_5400" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5405" xlink:to="Locator_us-gaap_MinimumMember_5406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5407" xlink:to="Locator_us-gaap_MaximumMember_5408" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_5401" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_5402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementScenarioAxis_5417" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_5418" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="Locator_us-gaap_ScenarioPreviouslyReportedMember_5404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5403" xlink:to="Locator_us-gaap_ScenarioPreviouslyReportedMember_5404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5387" xlink:to="Locator_us-gaap_RangeAxis_5388" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5389" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5390" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5391" xlink:to="Locator_us-gaap_StatementScenarioAxis_5392" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_AccountingPolicyLineItems_5383" xlink:to="Locator_us-gaap_StatementTable_5384" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5409" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_5410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_5409" xlink:to="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_5410" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_5412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_5411" xlink:to="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_5412" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5413" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_5414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_5413" xlink:to="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_5414" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount" xlink:label="Locator_us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount_5416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_AccountingPolicyLineItems_5415" xlink:to="Locator_us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount_5416" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_5475" xlink:to="Locator_us-gaap_EquityComponentDomain_5476" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_5477" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5478" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_5479" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5480" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5463" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5464" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5465" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5466" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5467" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5468" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5469" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5470" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_5471" xlink:to="Locator_us-gaap_StatementTable_5472" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5473" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_5474" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5514" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_5513" xlink:to="Locator_us-gaap_EquityComponentDomain_5514" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5516" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_5515" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5516" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5518" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_5517" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5518" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5523" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_5524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5523" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_5524" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_5526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5525" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_5526" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_5528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5527" xlink:to="Locator_us-gaap_NetInvestmentIncome_5528" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5529" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5530" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5531" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_5532" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_5533" xlink:to="Locator_us-gaap_NetIncomeLoss_5534" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5506" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_5505" xlink:to="Locator_us-gaap_StatementTable_5506" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5510" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5509" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_5510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5512" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_5511" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5512" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5519" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5520" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5535" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_5522" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5521" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_5522" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_5663" xlink:to="Locator_dei_EntityDomain_5664" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="Locator_mbi_MBIACorpFinancingFacilityMember_5666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5665" xlink:to="Locator_mbi_MBIACorpFinancingFacilityMember_5666" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterIscMember" xlink:label="Locator_mbi_CutwaterIscMember_5676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5675" xlink:to="Locator_mbi_CutwaterIscMember_5676" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5677" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5678" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_5668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5667" xlink:to="Locator_mbi_MbiaIncMember_5668" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5671" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_5672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5671" xlink:to="Locator_mbi_MbiaCorpMember_5672" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_5670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5669" xlink:to="Locator_mbi_NationalMember_5670" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5673" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_5674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_5673" xlink:to="Locator_mbi_BlueRidgeMember_5674" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5651" xlink:to="Locator_us-gaap_RangeAxis_5652" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_5679" xlink:to="Locator_us-gaap_RangeMember_5680" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5723" xlink:to="Locator_us-gaap_MinimumMember_5724" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5721" xlink:to="Locator_us-gaap_MaximumMember_5722" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5653" xlink:to="Locator_dei_LegalEntityAxis_5654" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_5656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5655" xlink:to="Locator_us-gaap_CreditFacilityAxis_5656" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_5681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CreditFacilityAxis_5681" xlink:to="Locator_us-gaap_CreditFacilityDomain_5682" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_5819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CreditFacilityAxis_5819" xlink:to="Locator_us-gaap_CreditFacilityDomain_5820" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InitialMember" xlink:label="Locator_mbi_InitialMember_5684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5683" xlink:to="Locator_mbi_InitialMember_5684" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5685" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BaseRateLoansMember" xlink:label="Locator_mbi_BaseRateLoansMember_5686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5685" xlink:to="Locator_mbi_BaseRateLoansMember_5686" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_5688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5687" xlink:to="Locator_us-gaap_MediumTermNotesMember_5688" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5689" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_5690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5689" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_5690" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5691" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndrawnMember" xlink:label="Locator_mbi_UndrawnMember_5692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5691" xlink:to="Locator_mbi_UndrawnMember_5692" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5693" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingMember" xlink:label="Locator_mbi_OutstandingMember_5694" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CreditFacilityDomain_5693" xlink:to="Locator_mbi_OutstandingMember_5694" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_5658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5657" xlink:to="Locator_us-gaap_DebtInstrumentAxis_5658" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_5695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5696" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_5695" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_5696" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_5817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DebtInstrumentAxis_5817" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_5818" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5697" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApplicableMarginMember" xlink:label="Locator_mbi_ApplicableMarginMember_5698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5697" xlink:to="Locator_mbi_ApplicableMarginMember_5698" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5699" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="Locator_mbi_FederalFundsRateMarginMember_5700" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5699" xlink:to="Locator_mbi_FederalFundsRateMarginMember_5700" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="Locator_mbi_AdjustedLiborRateMarginMember_5702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5701" xlink:to="Locator_mbi_AdjustedLiborRateMarginMember_5702" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AveragerateMember" xlink:label="Locator_mbi_AveragerateMember_5704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5703" xlink:to="Locator_mbi_AveragerateMember_5704" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_5708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5707" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_5708" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_5706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5705" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_5706" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_5660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5659" xlink:to="Locator_us-gaap_ProductOrServiceAxis_5660" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_5709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ProductOrServiceAxis_5709" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_5710" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_5815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ProductOrServiceAxis_5815" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_5816" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5711" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_5712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5711" xlink:to="Locator_mbi_ConduitsMember_5712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="Locator_mbi_AssetLiabilityProductsMember_5714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5713" xlink:to="Locator_mbi_AssetLiabilityProductsMember_5714" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="Locator_mbi_GlobalFundingLimitedMember_5716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5715" xlink:to="Locator_mbi_GlobalFundingLimitedMember_5716" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_5662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5661" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_5662" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_5717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_5718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_5717" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_5718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_5719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_5720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_5719" xlink:to="Locator_us-gaap_SubsequentEventMember_5720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5647" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5648" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_5726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5725" xlink:to="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_5726" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_5734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5733" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_5734" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_5736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5735" xlink:to="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_5736" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_5738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5737" xlink:to="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_5738" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesOwnedAtParValue" xlink:label="Locator_mbi_SurplusNotesOwnedAtParValue_5740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5739" xlink:to="Locator_mbi_SurplusNotesOwnedAtParValue_5740" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesOwnedAtParValue" xlink:label="Locator_mbi_SeniorNotesOwnedAtParValue_5742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5741" xlink:to="Locator_mbi_SeniorNotesOwnedAtParValue_5742" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="Locator_mbi_SeniorNotesPurchasedAtParValue_5744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5743" xlink:to="Locator_mbi_SeniorNotesPurchasedAtParValue_5744" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5745" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_5746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5745" xlink:to="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_5746" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchaseAmount_5748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5747" xlink:to="Locator_us-gaap_DebtInstrumentRepurchaseAmount_5748" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5751" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="Locator_mbi_WeightedAveragePriceOfSeniorNotes_5752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5751" xlink:to="Locator_mbi_WeightedAveragePriceOfSeniorNotes_5752" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="Locator_us-gaap_DebtWeightedAverageInterestRate_5754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5753" xlink:to="Locator_us-gaap_DebtWeightedAverageInterestRate_5754" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_5758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5757" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_5758" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_5760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5759" xlink:to="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_5760" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5761" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_5762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5761" xlink:to="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_5762" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_5764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5763" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_5764" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="Locator_us-gaap_LineOfCredit_5766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5765" xlink:to="Locator_us-gaap_LineOfCredit_5766" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_5768" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5767" xlink:to="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_5768" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="Locator_mbi_GeneralCorporatePurposesProceedsLimit_5770" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5769" xlink:to="Locator_mbi_GeneralCorporatePurposesProceedsLimit_5770" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5771" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="Locator_mbi_LiquidityRequirementsPeriod_5772" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5771" xlink:to="Locator_mbi_LiquidityRequirementsPeriod_5772" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5773" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="Locator_mbi_SubsidiaryCollateralPercentage_5774" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5773" xlink:to="Locator_mbi_SubsidiaryCollateralPercentage_5774" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5775" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="Locator_mbi_SecuredLineOfCreditCollateral_5776" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5775" xlink:to="Locator_mbi_SecuredLineOfCreditCollateral_5776" order="26.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_5778" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5777" xlink:to="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_5778" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5779" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_5780" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5779" xlink:to="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_5780" order="28.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_5782" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5781" xlink:to="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_5782" order="29.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_5784" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5783" xlink:to="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_5784" order="30.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5785" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_5786" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5785" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_5786" order="31.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5787" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="Locator_mbi_PutbackRecoveriesCollateralPercentage_5788" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5787" xlink:to="Locator_mbi_PutbackRecoveriesCollateralPercentage_5788" order="32.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_5790" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5789" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_5790" order="33.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_5792" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5791" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_5792" order="34.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5793" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="Locator_mbi_DisposalOfAssetsCollateralPercentage_5794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5793" xlink:to="Locator_mbi_DisposalOfAssetsCollateralPercentage_5794" order="35.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5795" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="Locator_mbi_DisposalOfAssetsCollateralMaximum_5796" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5795" xlink:to="Locator_mbi_DisposalOfAssetsCollateralMaximum_5796" order="36.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5797" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_5798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5797" xlink:to="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_5798" order="37.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5799" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="Locator_mbi_MinimumStatutoryCapitalRequirement_5800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5799" xlink:to="Locator_mbi_MinimumStatutoryCapitalRequirement_5800" order="38.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5801" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsMaximumAmount_5802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5801" xlink:to="Locator_mbi_RemediationEffortsMaximumAmount_5802" order="39.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5803" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_5804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5803" xlink:to="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_5804" order="40.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_5806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5805" xlink:to="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_5806" order="41.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="Locator_us-gaap_LettersOfCreditOutstandingAmount_5808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5807" xlink:to="Locator_us-gaap_LettersOfCreditOutstandingAmount_5808" order="42.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5809" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="Locator_mbi_NumberPooledInvestmentPrograms_5810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5809" xlink:to="Locator_mbi_NumberPooledInvestmentPrograms_5810" order="43.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_5812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5811" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_5812" order="44.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="Locator_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_5814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5813" xlink:to="Locator_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_5814" order="45.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_5728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5727" xlink:to="Locator_us-gaap_SurplusNotes_5728" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_5732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5731" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_5732" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_5730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5729" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_5730" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_5756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5755" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_5756" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_5750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5749" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_5750" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_5965" xlink:to="Locator_us-gaap_RangeMember_5966" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5998" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5997" xlink:to="Locator_us-gaap_MinimumMember_5998" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6000" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_5999" xlink:to="Locator_us-gaap_MaximumMember_6000" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_5967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_5967" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_AwardTypeAxis_6039" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6040" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OmnibusPlanMember" xlink:label="Locator_mbi_OmnibusPlanMember_5970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5969" xlink:to="Locator_mbi_OmnibusPlanMember_5970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5973" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RestrictedShareUnitMember" xlink:label="Locator_mbi_RestrictedShareUnitMember_5974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5973" xlink:to="Locator_mbi_RestrictedShareUnitMember_5974" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="Locator_us-gaap_EmployeeStockOptionMember_5976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5975" xlink:to="Locator_us-gaap_EmployeeStockOptionMember_5976" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="Locator_mbi_PerformanceBasedAwardsMember_5978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5977" xlink:to="Locator_mbi_PerformanceBasedAwardsMember_5978" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5979" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredCashAwardsMember" xlink:label="Locator_mbi_DeferredCashAwardsMember_5980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5979" xlink:to="Locator_mbi_DeferredCashAwardsMember_5980" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_5972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_5971" xlink:to="Locator_us-gaap_RestrictedStockMember_5972" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6002" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6001" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_6002" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6004" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6003" xlink:to="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_6004" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6006" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6005" xlink:to="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_6006" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6008" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6007" xlink:to="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_6008" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6010" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6009" xlink:to="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_6010" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6012" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6011" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_6012" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6014" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6013" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_6014" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6016" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6015" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_6016" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6018" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6017" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_6018" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6020" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6019" xlink:to="Locator_us-gaap_AllocatedShareBasedCompensationExpense_6020" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6022" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6021" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_6022" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6024" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6023" xlink:to="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_6024" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6025" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="Locator_mbi_DeferredTaxAssetWriteOff_6026" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6025" xlink:to="Locator_mbi_DeferredTaxAssetWriteOff_6026" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6028" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6027" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_6028" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6030" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6029" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_6030" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6032" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6031" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6032" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6034" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6033" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_6034" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_6036" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6035" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_6036" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5953" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5954" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5959" xlink:to="Locator_us-gaap_RangeAxis_5960" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_5962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5961" xlink:to="Locator_us-gaap_TitleOfIndividualAxis_5962" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_5981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_5981" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5982" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6038" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_6037" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6038" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5983" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_KeyEmployeesMember" xlink:label="Locator_mbi_KeyEmployeesMember_5984" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5983" xlink:to="Locator_mbi_KeyEmployeesMember_5984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5985" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BoardOfDirectorsMember" xlink:label="Locator_mbi_BoardOfDirectorsMember_5986" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_5985" xlink:to="Locator_mbi_BoardOfDirectorsMember_5986" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5963" xlink:to="Locator_us-gaap_StatementScenarioAxis_5964" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5988" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_5987" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_5988" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5989" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AfterAmendmentMember" xlink:label="Locator_mbi_AfterAmendmentMember_5990" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5989" xlink:to="Locator_mbi_AfterAmendmentMember_5990" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PriorToAmendmentMember" xlink:label="Locator_mbi_PriorToAmendmentMember_5992" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5991" xlink:to="Locator_mbi_PriorToAmendmentMember_5992" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockPriceTargetsMember" xlink:label="Locator_mbi_StockPriceTargetsMember_5994" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5993" xlink:to="Locator_mbi_StockPriceTargetsMember_5994" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5995" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternalPerformanceConditionsMember" xlink:label="Locator_mbi_InternalPerformanceConditionsMember_5996" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5995" xlink:to="Locator_mbi_InternalPerformanceConditionsMember_5996" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_5958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5957" xlink:to="Locator_us-gaap_AwardTypeAxis_5958" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6108" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_6107" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6108" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6110" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6109" xlink:to="Locator_us-gaap_RestrictedStockMember_6110" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6112" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6111" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6112" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6114" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6113" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6114" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6116" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6115" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6116" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6118" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6117" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6118" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6120" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6119" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6120" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6122" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6121" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6122" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6124" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6123" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6124" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6126" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6125" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6126" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6128" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6127" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6128" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6130" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6129" xlink:to="Locator_us-gaap_AwardTypeAxis_6130" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6144" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6143" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6144" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6145" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6146" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OfficerMember" xlink:label="Locator_us-gaap_OfficerMember_6148" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6147" xlink:to="Locator_us-gaap_OfficerMember_6148" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6149" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherOneMember" xlink:label="Locator_mbi_OtherOneMember_6150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6149" xlink:to="Locator_mbi_OtherOneMember_6150" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6151" xlink:to="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6152" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6153" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6154" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6155" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6156" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6260" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6259" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6260" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_6264" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6263" xlink:to="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_6264" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_6266" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6265" xlink:to="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_6266" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_6268" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6267" xlink:to="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_6268" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_6274" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6273" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_6274" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6272" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6271" xlink:to="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6272" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6262" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6261" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6262" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6270" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6269" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6270" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_6280" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6279" xlink:to="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_6280" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_6282" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6281" xlink:to="Locator_us-gaap_SurplusNotes_6282" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6285" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="Locator_mbi_Issuancecostsdebt_6286" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6285" xlink:to="Locator_mbi_Issuancecostsdebt_6286" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6288" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6287" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_6288" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_6290" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6289" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_6290" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6292" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6291" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6292" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateEarliest_6296" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6295" xlink:to="Locator_us-gaap_DebtInstrumentCallDateEarliest_6296" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6297" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_6298" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6297" xlink:to="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_6298" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6299" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_6300" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6299" xlink:to="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_6300" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateLatest_6302" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6301" xlink:to="Locator_us-gaap_DebtInstrumentCallDateLatest_6302" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6245" xlink:to="Locator_us-gaap_DebtInstrumentTable_6246" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6258" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_6257" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6276" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6275" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6276" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6278" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6277" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6278" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6284" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6283" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6284" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6294" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6293" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6294" order="10.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6357" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6358" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_6360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6359" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_6360" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6361" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6361" xlink:to="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6362" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtMember" xlink:label="Locator_us-gaap_DebtMember_6364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6363" xlink:to="Locator_us-gaap_DebtMember_6364" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6365" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6365" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6366" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6367" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6367" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6368" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6369" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NotesCallablePrice" xlink:label="Locator_mbi_NotesCallablePrice_6370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6369" xlink:to="Locator_mbi_NotesCallablePrice_6370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6339" xlink:to="Locator_us-gaap_DebtInstrumentTable_6340" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_6355" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6371" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6372" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6373" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6374" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6375" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6376" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6377" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6378" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6379" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6380" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6381" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6382" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6383" xlink:to="Locator_us-gaap_LongTermDebt_6384" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6453" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6454" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6455" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_6456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6455" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_6456" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6457" xlink:to="Locator_us-gaap_MediumTermNotesMember_6458" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6459" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="Locator_mbi_VariableInterestEntityDebtMember_6460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6459" xlink:to="Locator_mbi_VariableInterestEntityDebtMember_6460" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6429" xlink:to="Locator_us-gaap_DebtInstrumentTable_6430" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_6449" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6450" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_DebtInstrumentTable_6451" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6452" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6462" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6461" xlink:to="Locator_us-gaap_SegmentDomain_6462" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6465" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_6466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6465" xlink:to="Locator_mbi_AdvisoryServicesMember_6466" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6463" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6463" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6464" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6467" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6468" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6469" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6470" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6471" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6472" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6473" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6474" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6475" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6476" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6477" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6478" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6479" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6480" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6481" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6481" xlink:to="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6482" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6483" xlink:to="Locator_us-gaap_LongTermDebt_6484" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6485" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6486" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6487" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6488" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6489" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="Locator_mbi_DebtInstrumentFairValueAdjustment_6490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6489" xlink:to="Locator_mbi_DebtInstrumentFairValueAdjustment_6490" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_6492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6491" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_6492" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6493" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6493" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6494" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6561" xlink:to="Locator_us-gaap_SegmentDomain_6562" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6565" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateOperationsMember" xlink:label="Locator_mbi_CorporateOperationsMember_6566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6565" xlink:to="Locator_mbi_CorporateOperationsMember_6566" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6563" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_6564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6563" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_6564" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6567" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6567" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6568" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6553" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6554" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_6558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6557" xlink:to="Locator_us-gaap_ConsolidationItemsAxis_6558" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_6569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_6569" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_6570" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_6613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_6613" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_6614" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="Locator_us-gaap_OperatingSegmentsMember_6572" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_6571" xlink:to="Locator_us-gaap_OperatingSegmentsMember_6572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="Locator_us-gaap_IntersegmentEliminationMember_6574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_6573" xlink:to="Locator_us-gaap_IntersegmentEliminationMember_6574" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6559" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6560" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="Locator_us-gaap_RevenueOtherFinancialServices_6576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6575" xlink:to="Locator_us-gaap_RevenueOtherFinancialServices_6576" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_6578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6577" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_6578" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6579" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6579" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6580" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_6582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6581" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_6582" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6583" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6584" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_6586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6585" xlink:to="Locator_us-gaap_OtherIncome_6586" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="Locator_mbi_RevenuesOfConsolidatedVies_6588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6587" xlink:to="Locator_mbi_RevenuesOfConsolidatedVies_6588" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6589" xlink:to="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6590" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_6592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6591" xlink:to="Locator_us-gaap_Revenues_6592" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_6594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6593" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_6594" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_6596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6595" xlink:to="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_6596" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_6598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6597" xlink:to="Locator_us-gaap_InterestExpense_6598" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="Locator_mbi_ExpensesOfConsolidatedVies_6600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6599" xlink:to="Locator_mbi_ExpensesOfConsolidatedVies_6600" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6601" xlink:to="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6602" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_6604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6603" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_6604" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6605" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6606" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_6608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6607" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_6608" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_6610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6609" xlink:to="Locator_us-gaap_NetIncomeLoss_6610" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_6612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6611" xlink:to="Locator_us-gaap_Assets_6612" order="19.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6700" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_6699" xlink:to="Locator_dei_EntityDomain_6700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_6702" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_6701" xlink:to="Locator_mbi_MbiaUkMember_6702" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6686" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_6685" xlink:to="Locator_us-gaap_RangeMember_6686" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_6709" xlink:to="Locator_us-gaap_MinimumMember_6710" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6712" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_6711" xlink:to="Locator_us-gaap_MaximumMember_6712" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6704" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6703" xlink:to="Locator_us-gaap_SegmentDomain_6704" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_6706" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6705" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_6706" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6708" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentDomain_6707" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6708" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6671" xlink:to="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6672" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6675" xlink:to="Locator_us-gaap_RangeAxis_6676" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6677" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6678" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6688" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6687" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_6688" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6741" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_6742" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6689" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="Locator_mbi_GuaranteesOfDerivativeContractsMember_6690" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6689" xlink:to="Locator_mbi_GuaranteesOfDerivativeContractsMember_6690" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6691" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" xlink:label="Locator_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_6692" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6691" xlink:to="Locator_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_6692" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageValueMember" xlink:label="Locator_us-gaap_SalvageValueMember_6694" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6693" xlink:to="Locator_us-gaap_SalvageValueMember_6694" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_6680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6679" xlink:to="Locator_us-gaap_CounterpartyNameAxis_6680" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_6695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6696" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CounterpartyNameAxis_6695" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6696" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_6743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CounterpartyNameAxis_6743" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6744" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6697" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_6698" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6697" xlink:to="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_6698" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6682" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6681" xlink:to="Locator_dei_LegalEntityAxis_6682" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6684" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6683" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6684" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_6714" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6713" xlink:to="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_6714" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_6716" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6715" xlink:to="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_6716" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeRemainingMaturity1" xlink:label="Locator_us-gaap_DerivativeRemainingMaturity1_6718" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6717" xlink:to="Locator_us-gaap_DerivativeRemainingMaturity1_6718" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_6720" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6719" xlink:to="Locator_us-gaap_DerivativeLiabilities_6720" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6721" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="Locator_mbi_FutureGuaranteePaymentsMaturityRange_6722" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6721" xlink:to="Locator_mbi_FutureGuaranteePaymentsMaturityRange_6722" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6723" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_6724" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6723" xlink:to="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_6724" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyReinsurance" xlink:label="Locator_mbi_ThirdPartyReinsurance_6726" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6725" xlink:to="Locator_mbi_ThirdPartyReinsurance_6726" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_6728" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6727" xlink:to="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_6728" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_6730" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6729" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_6730" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="Locator_us-gaap_InsuranceRecoveries_6732" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6731" xlink:to="Locator_us-gaap_InsuranceRecoveries_6732" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="Locator_us-gaap_FeesAndCommissionsOther_6734" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6733" xlink:to="Locator_us-gaap_FeesAndCommissionsOther_6734" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForReinsurance" xlink:label="Locator_us-gaap_PaymentsForReinsurance_6736" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6735" xlink:to="Locator_us-gaap_PaymentsForReinsurance_6736" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6738" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6737" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6738" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6740" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6739" xlink:to="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6740" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6800" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_6799" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_6800" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="Locator_stpr_CA_6802" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6801" xlink:to="Locator_stpr_CA_6802" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="Locator_stpr_IL_6804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6803" xlink:to="Locator_stpr_IL_6804" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="Locator_stpr_NY_6806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6805" xlink:to="Locator_stpr_NY_6806" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_PR" xlink:label="Locator_country_PR_6808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6807" xlink:to="Locator_country_PR_6808" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="Locator_stpr_NJ_6810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6809" xlink:to="Locator_stpr_NJ_6810" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="Locator_stpr_TX_6812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6811" xlink:to="Locator_stpr_TX_6812" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_HI" xlink:label="Locator_stpr_HI_6814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6813" xlink:to="Locator_stpr_HI_6814" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_VA" xlink:label="Locator_stpr_VA_6816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6815" xlink:to="Locator_stpr_VA_6816" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="Locator_stpr_FL_6818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6817" xlink:to="Locator_stpr_FL_6818" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_OR" xlink:label="Locator_stpr_OR_6820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6819" xlink:to="Locator_stpr_OR_6820" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6821" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="Locator_mbi_SubTotalInsuranceInForceMember_6822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6821" xlink:to="Locator_mbi_SubTotalInsuranceInForceMember_6822" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6823" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationallyDiversifiedMember" xlink:label="Locator_mbi_NationallyDiversifiedMember_6824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6823" xlink:to="Locator_mbi_NationallyDiversifiedMember_6824" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6825" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherStatesMember" xlink:label="Locator_mbi_OtherStatesMember_6826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6825" xlink:to="Locator_mbi_OtherStatesMember_6826" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_6830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6829" xlink:to="Locator_mbi_InternationallyDiversifiedMember_6830" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6831" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CountrySpecificMember" xlink:label="Locator_mbi_CountrySpecificMember_6832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6831" xlink:to="Locator_mbi_CountrySpecificMember_6832" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="Locator_stpr_PA_6836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6835" xlink:to="Locator_stpr_PA_6836" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="Locator_stpr_MI_6838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6837" xlink:to="Locator_stpr_MI_6838" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="Locator_stpr_WA_6840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6839" xlink:to="Locator_stpr_WA_6840" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="Locator_stpr_CO_6842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6841" xlink:to="Locator_stpr_CO_6842" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_6828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6827" xlink:to="Locator_country_US_6828" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_6834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6833" xlink:to="Locator_mbi_NonUnitedStatesMember_6834" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_6850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6849" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_6850" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6843" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6844" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6845" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6846" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6847" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6848" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6794" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_6793" xlink:to="Locator_us-gaap_StatementTable_6794" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6798" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6797" xlink:to="Locator_us-gaap_StatementGeographicalAxis_6798" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6918" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6917" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_6918" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6919" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_6920" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6919" xlink:to="Locator_mbi_GlobalPublicFinanceMember_6920" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6921" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_6922" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6921" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_6922" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6924" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementGeographicalAxis_6923" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_6924" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_6926" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6925" xlink:to="Locator_country_US_6926" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6927" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_6928" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6927" xlink:to="Locator_mbi_NonUnitedStatesMember_6928" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6973" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6975" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6976" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6977" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6978" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6979" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_6979" xlink:to="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6980" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_6907" xlink:to="Locator_us-gaap_StatementTable_6908" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_6912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6911" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_6912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_6929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6930" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_6929" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_6930" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_6981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_6981" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_6982" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6931" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationMember" xlink:label="Locator_mbi_GeneralObligationMember_6932" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6931" xlink:to="Locator_mbi_GeneralObligationMember_6932" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6933" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="Locator_mbi_GeneralObligationLeaseMember_6934" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6933" xlink:to="Locator_mbi_GeneralObligationLeaseMember_6934" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="Locator_mbi_MunicipalUtilitiesMember_6936" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6935" xlink:to="Locator_mbi_MunicipalUtilitiesMember_6936" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6937" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxBackedMember" xlink:label="Locator_mbi_TaxBackedMember_6938" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6937" xlink:to="Locator_mbi_TaxBackedMember_6938" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6939" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransportationMember" xlink:label="Locator_mbi_TransportationMember_6940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6939" xlink:to="Locator_mbi_TransportationMember_6940" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HigherEducationMember" xlink:label="Locator_mbi_HigherEducationMember_6942" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6941" xlink:to="Locator_mbi_HigherEducationMember_6942" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6943" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HealthCareMember" xlink:label="Locator_mbi_HealthCareMember_6944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6943" xlink:to="Locator_mbi_HealthCareMember_6944" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MilitaryHousingMember" xlink:label="Locator_mbi_MilitaryHousingMember_6946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6945" xlink:to="Locator_mbi_MilitaryHousingMember_6946" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="Locator_mbi_InvestorOwnedUtilitiesMember_6948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6947" xlink:to="Locator_mbi_InvestorOwnedUtilitiesMember_6948" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6949" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalHousingMember" xlink:label="Locator_mbi_MunicipalHousingMember_6950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6949" xlink:to="Locator_mbi_MunicipalHousingMember_6950" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StudentLoansMember" xlink:label="Locator_mbi_StudentLoansMember_6952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6951" xlink:to="Locator_mbi_StudentLoansMember_6952" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6953" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPublicFinanceMember" xlink:label="Locator_mbi_OtherPublicFinanceMember_6954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6953" xlink:to="Locator_mbi_OtherPublicFinanceMember_6954" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6955" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalUtilitiesMember" xlink:label="Locator_mbi_InternationalUtilitiesMember_6956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6955" xlink:to="Locator_mbi_InternationalUtilitiesMember_6956" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6957" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="Locator_mbi_SovereignRelatedAndSubSovereignMember_6958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6957" xlink:to="Locator_mbi_SovereignRelatedAndSubSovereignMember_6958" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LocalGovernmentsMember" xlink:label="Locator_mbi_LocalGovernmentsMember_6960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6959" xlink:to="Locator_mbi_LocalGovernmentsMember_6960" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_6962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6961" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_6962" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_6964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6963" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_6964" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_6966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6965" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_6966" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6967" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_6968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6967" xlink:to="Locator_mbi_ConsumerAssetBackedMember_6968" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_6970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6969" xlink:to="Locator_mbi_CorporateAssetBackedMember_6970" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_6971" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StructuredInsuranceSecuritizationsMember" xlink:label="Locator_mbi_StructuredInsuranceSecuritizationsMember_6972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_6971" xlink:to="Locator_mbi_StructuredInsuranceSecuritizationsMember_6972" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6913" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6914" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6916" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_6915" xlink:to="Locator_us-gaap_StatementGeographicalAxis_6916" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7078" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7077" xlink:to="Locator_dei_EntityDomain_7078" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_7080" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7079" xlink:to="Locator_mbi_MbiaUkMember_7080" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7082" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7081" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7082" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_7084" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7083" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_7084" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="Locator_us-gaap_ReinsuranceRecoverables_7086" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7085" xlink:to="Locator_us-gaap_ReinsuranceRecoverables_7086" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7088" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7087" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7088" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments" xlink:label="Locator_us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_7090" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7089" xlink:to="Locator_us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_7090" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7057" xlink:to="Locator_us-gaap_StatementTable_7058" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7062" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7061" xlink:to="Locator_us-gaap_CededCreditRiskAxis_7062" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7066" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7065" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7066" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7092" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7091" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7092" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_7068" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7067" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_7068" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="Locator_mbi_AssuredGuarantyReLtdMember_7070" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7069" xlink:to="Locator_mbi_AssuredGuarantyReLtdMember_7070" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7071" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7072" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7071" xlink:to="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7072" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="Locator_mbi_ExportDevelopmentCanadaMember_7074" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7073" xlink:to="Locator_mbi_ExportDevelopmentCanadaMember_7074" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherReinsurersMember" xlink:label="Locator_mbi_OtherReinsurersMember_7076" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7075" xlink:to="Locator_mbi_OtherReinsurersMember_7076" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7064" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7063" xlink:to="Locator_dei_LegalEntityAxis_7064" order="2.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_7157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7158" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_invest_InvestmentAxis_7157" xlink:to="Locator_invest_InvestmentDomain_7158" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_7160" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7159" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_7160" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_7162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7161" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_7162" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_7164" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7163" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_7164" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_7166" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7165" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_7166" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7167" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_7168" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7167" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_7168" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7169" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_7170" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7169" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_7170" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7172" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7171" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7172" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_7174" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7173" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_7174" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7175" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_7176" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7175" xlink:to="Locator_mbi_OtherAssetBackedMember_7176" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7177" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_7178" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7177" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_7178" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7179" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_7180" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7179" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_7180" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="Locator_us-gaap_OtherAggregatedInvestmentsMember_7182" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7181" xlink:to="Locator_us-gaap_OtherAggregatedInvestmentsMember_7182" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_7184" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_invest_InvestmentDomain_7183" xlink:to="Locator_us-gaap_LoansReceivableMember_7184" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_7207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_7208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InvestmentTypeAxis_7207" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_7208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_7185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_7186" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_7185" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_7186" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7188" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7187" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7188" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7189" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="Locator_mbi_LongTermAvailableForSaleMember_7190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7189" xlink:to="Locator_mbi_LongTermAvailableForSaleMember_7190" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7191" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="Locator_mbi_ShortTermAvailableForSaleMember_7192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7191" xlink:to="Locator_mbi_ShortTermAvailableForSaleMember_7192" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="Locator_mbi_EquityAvailableForSaleMember_7194" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7193" xlink:to="Locator_mbi_EquityAvailableForSaleMember_7194" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesMember_7196" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7195" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesMember_7196" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_7198" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7197" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_7198" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_7200" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7199" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_7200" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7146" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7145" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7146" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_7150" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7149" xlink:to="Locator_us-gaap_DebtSecurityAxis_7150" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_7201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7202" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DebtSecurityAxis_7201" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7202" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_7215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DebtSecurityAxis_7215" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7216" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_7204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7203" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_7204" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_7206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7205" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_7206" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7152" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7151" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7152" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_7154" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7153" xlink:to="Locator_invest_InvestmentAxis_7154" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_7156" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7155" xlink:to="Locator_us-gaap_InvestmentTypeAxis_7156" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7209" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7210" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7211" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7212" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7213" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7214" order="3.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7371" xlink:to="Locator_dei_EntityDomain_7372" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7373" xlink:to="Locator_us-gaap_ParentCompanyMember_7374" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_7366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7365" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementTable_7366" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_7369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_7369" xlink:to="Locator_dei_LegalEntityAxis_7370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7375" xlink:to="Locator_us-gaap_AssetsAbstract_7376" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_7378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7377" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_7378" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_7380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7379" xlink:to="Locator_us-gaap_TradingSecurities_7380" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_7382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7381" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_7382" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_7384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7383" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_7384" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_7386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7385" xlink:to="Locator_us-gaap_OtherInvestments_7386" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_7388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7387" xlink:to="Locator_us-gaap_Investments_7388" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7389" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7390" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7391" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_7392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7391" xlink:to="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_7392" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_7394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7393" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_7394" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_7396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7395" xlink:to="Locator_us-gaap_OtherAssets_7396" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_7398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AssetsAbstract_7397" xlink:to="Locator_us-gaap_Assets_7398" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7399" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7400" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7401" xlink:to="Locator_us-gaap_LiabilitiesAbstract_7402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7403" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7404" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7405" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7406" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7408" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7407" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_7408" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansPayable" xlink:label="Locator_us-gaap_LoansPayable_7410" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7409" xlink:to="Locator_us-gaap_LoansPayable_7410" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_7412" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7411" xlink:to="Locator_us-gaap_DerivativeLiabilities_7412" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="Locator_us-gaap_AccruedIncomeTaxes_7414" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7413" xlink:to="Locator_us-gaap_AccruedIncomeTaxes_7414" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_7416" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7415" xlink:to="Locator_us-gaap_OtherLiabilities_7416" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_7418" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7417" xlink:to="Locator_us-gaap_Liabilities_7418" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7420" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7419" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7420" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_7422" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7421" xlink:to="Locator_us-gaap_PreferredStockValue_7422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_7424" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7423" xlink:to="Locator_us-gaap_CommonStockValue_7424" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_7426" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7425" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_7426" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_7428" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7427" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_7428" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7430" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7429" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7430" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_7432" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7431" xlink:to="Locator_us-gaap_TreasuryStockValue_7432" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_7434" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7433" xlink:to="Locator_us-gaap_StockholdersEquity_7434" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_7436" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7435" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_7436" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_7438" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7437" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_7438" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7439" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_7440" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7439" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_7440" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_7442" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7441" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_7442" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_7444" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7443" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_7444" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_7446" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7445" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_7446" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_7448" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7447" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_7448" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_7450" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7449" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_7450" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_7452" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7451" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_7452" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_7454" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7453" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_7454" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_7456" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7455" xlink:to="Locator_us-gaap_CommonStockSharesIssued_7456" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7457" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_7458" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7457" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_7458" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_7460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7459" xlink:to="Locator_us-gaap_TreasuryStockShares_7460" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7528" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7527" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7528" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_7530" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7529" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_7530" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7532" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7531" xlink:to="Locator_dei_EntityDomain_7532" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7534" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7533" xlink:to="Locator_us-gaap_ParentCompanyMember_7534" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7520" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7519" xlink:to="Locator_us-gaap_CondensedIncomeStatementTable_7520" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7524" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_7523" xlink:to="Locator_dei_LegalEntityAxis_7524" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7526" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_7525" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7526" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_7536" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7535" xlink:to="Locator_us-gaap_NetInvestmentIncome_7536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7537" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7538" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7537" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7538" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7540" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7539" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7540" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_7542" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7541" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_7542" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_7544" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7543" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_7544" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7546" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7545" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7546" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7548" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7547" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7548" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_7550" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7549" xlink:to="Locator_us-gaap_OtherIncome_7550" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_7552" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7551" xlink:to="Locator_us-gaap_Revenues_7552" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_7554" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7553" xlink:to="Locator_us-gaap_OperatingExpenses_7554" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_7556" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7555" xlink:to="Locator_us-gaap_InterestExpense_7556" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_7558" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7557" xlink:to="Locator_us-gaap_CostsAndExpenses_7558" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7559" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_7560" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7559" xlink:to="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_7560" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_7562" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7561" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_7562" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7563" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_7564" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7563" xlink:to="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_7564" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_7566" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7565" xlink:to="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_7566" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7568" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7567" xlink:to="Locator_us-gaap_NetIncomeLoss_7568" order="14.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7634" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7633" xlink:to="Locator_dei_EntityDomain_7634" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7636" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7635" xlink:to="Locator_us-gaap_ParentCompanyMember_7636" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7638" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7637" xlink:to="Locator_us-gaap_NetIncomeLoss_7638" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7640" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7639" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7640" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7642" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7641" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7642" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_7644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7643" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_7644" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_7646" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7645" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_7646" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_7648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7647" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_7648" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_7650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7649" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_7650" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_7652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7651" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_7652" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_7654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7653" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_7654" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7655" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7656" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_7658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7657" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_7658" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_7660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7659" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_7660" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_7662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7661" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_7662" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7663" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_7664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7663" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_7664" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_7666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7665" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_7666" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_7668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7667" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_7668" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7669" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7670" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_7672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7671" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_7672" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_7674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7673" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_7674" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_7676" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7675" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_7676" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_7678" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7677" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_7678" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_7680" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7679" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_7680" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7589" xlink:to="Locator_us-gaap_StatementTable_7590" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7631" xlink:to="Locator_dei_LegalEntityAxis_7632" order="1.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7806" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7805" xlink:to="Locator_dei_EntityDomain_7806" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7808" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7807" xlink:to="Locator_us-gaap_ParentCompanyMember_7808" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_7710" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7709" xlink:to="Locator_us-gaap_CondensedCashFlowStatementTable_7710" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_7803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7804" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_7803" xlink:to="Locator_dei_LegalEntityAxis_7804" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7810" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7809" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7810" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_7812" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7811" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_7812" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_7814" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7813" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_7814" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_7816" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7815" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_7816" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_7818" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7817" xlink:to="Locator_us-gaap_InterestPaidNet_7818" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_7820" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7819" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_7820" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7822" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7821" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7822" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7824" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7823" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7824" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7826" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7825" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7826" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_7828" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7827" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_7828" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_7830" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7829" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_7830" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_7832" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7831" xlink:to="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_7832" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_7834" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7833" xlink:to="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_7834" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_7836" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7835" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_7836" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7837" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_7838" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7837" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_7838" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_7840" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7839" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_7840" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_7842" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7841" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_7842" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7843" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_7844" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7843" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_7844" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_7846" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7845" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_7846" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_7848" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7847" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_7848" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_7850" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7849" xlink:to="Locator_mbi_ContributionsToSubsidiaries_7850" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7851" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="Locator_mbi_AdvancesToSubsidiaries_7852" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7851" xlink:to="Locator_mbi_AdvancesToSubsidiaries_7852" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_7854" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7853" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_7854" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_7856" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7855" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_7856" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7858" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7857" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7858" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_7860" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7859" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_7860" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_7862" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7861" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_7862" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_7864" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7863" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_7864" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_7866" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7865" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_7866" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_7868" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7867" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_7868" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_7870" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7869" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_7870" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_7872" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7871" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_7872" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_7874" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7873" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_7874" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_7876" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7875" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_7876" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_7878" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7877" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_7878" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7880" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7879" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7880" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7882" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7881" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7882" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="Locator_us-gaap_CashIncludingDiscontinuedOperations_7884" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7883" xlink:to="Locator_us-gaap_CashIncludingDiscontinuedOperations_7884" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7885" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7886" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7885" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7886" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7888" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7887" xlink:to="Locator_us-gaap_NetIncomeLoss_7888" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7890" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7889" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7890" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7891" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7892" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7891" xlink:to="Locator_mbi_ChangeInAbstract_7892" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_7894" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ChangeInAbstract_7893" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_7894" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7896" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_ChangeInAbstract_7895" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_7898" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7897" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_7898" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7900" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7899" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7900" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7901" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_7902" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7901" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_7902" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7904" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7903" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7904" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_7906" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7905" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_7906" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_7908" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7907" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_7908" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_7910" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7909" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_7910" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_7912" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7911" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_7912" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_7914" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7913" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_7914" order="10.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7950" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_7949" xlink:to="Locator_dei_EntityDomain_7950" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_7952" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7951" xlink:to="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_7952" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7953" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="Locator_mbi_TrifiniumHoldingsLimitedMember_7954" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7953" xlink:to="Locator_mbi_TrifiniumHoldingsLimitedMember_7954" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7955" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="Locator_mbi_MbiaServicesCorporationMember_7956" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7955" xlink:to="Locator_mbi_MbiaServicesCorporationMember_7956" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7957" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapmacHoldingsMember" xlink:label="Locator_mbi_CapmacHoldingsMember_7958" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7957" xlink:to="Locator_mbi_CapmacHoldingsMember_7958" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="Locator_mbi_MbiaAssetFinanceMember_7960" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7959" xlink:to="Locator_mbi_MbiaAssetFinanceMember_7960" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7961" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="Locator_mbi_EuroAssetAcquisitionLimitedMember_7962" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7961" xlink:to="Locator_mbi_EuroAssetAcquisitionLimitedMember_7962" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_7964" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7963" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_7964" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_7966" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_7965" xlink:to="Locator_mbi_MbiaIncMember_7966" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_7967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_7968" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ProductOrServiceAxis_7967" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_7968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_7969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_7970" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_7969" xlink:to="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_7970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_7971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_7972" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_7971" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_7972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_7973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_7974" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_7973" xlink:to="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_7974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_7975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="Locator_mbi_MbiaCorpSecuredLoanMember_7976" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_7975" xlink:to="Locator_mbi_MbiaCorpSecuredLoanMember_7976" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7940" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_StatementLineItems_7939" xlink:to="Locator_us-gaap_StatementTable_7940" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_7944" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7943" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_7944" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_7946" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7945" xlink:to="Locator_us-gaap_ProductOrServiceAxis_7946" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7948" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_StatementTable_7947" xlink:to="Locator_dei_LegalEntityAxis_7948" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_7978" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7977" xlink:to="Locator_mbi_LiquidAssets_7978" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7979" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="Locator_mbi_SeniorNotesPurchasedAtParValue_7980" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7979" xlink:to="Locator_mbi_SeniorNotesPurchasedAtParValue_7980" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7982" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7981" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7982" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_7984" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7983" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_7984" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="Locator_us-gaap_ShortTermInvestments_7986" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7985" xlink:to="Locator_us-gaap_ShortTermInvestments_7986" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_7988" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7987" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_7988" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7990" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7989" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7990" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7992" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_StatementLineItems_7991" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7992" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8050" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8049" xlink:to="Locator_dei_EntityDomain_8050" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8051" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_8052" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8051" xlink:to="Locator_mbi_MbiaUkMember_8052" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8044" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8043" xlink:to="Locator_dei_LegalEntityAxis_8044" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8042" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8041" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8042" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8046" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8045" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8046" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_8048" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8047" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_8048" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8040" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8039" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8040" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8054" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8053" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8054" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8056" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8055" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8056" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8058" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8057" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8058" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="Locator_us-gaap_ReinsurancePayable_8060" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8059" xlink:to="Locator_us-gaap_ReinsurancePayable_8060" order="4.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_8193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8194" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementScenarioAxis_8193" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_8194" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarchThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandSeventeenMember_8196" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8195" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandSeventeenMember_8196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneThirtyTwoThousandSeventeenMember" xlink:label="Locator_mbi_JuneThirtyTwoThousandSeventeenMember_8198" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8197" xlink:to="Locator_mbi_JuneThirtyTwoThousandSeventeenMember_8198" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8199" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeptemberThirtyTwoThousandSeventeenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandSeventeenMember_8200" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8199" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandSeventeenMember_8200" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_8202" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8201" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_8202" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8203" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_8204" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8203" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_8204" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandNineteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandNineteenMember_8206" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8205" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandNineteenMember_8206" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8207" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyMember_8208" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8207" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyMember_8208" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_8210" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8209" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_8210" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8211" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentySixMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentySixMember_8212" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8211" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentySixMember_8212" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_8214" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8213" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_8214" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8215" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_8216" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8215" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_8216" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8161" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8162" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8161" xlink:to="Locator_mbi_InsurancePremiumsTableTable_8162" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8190" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsurancePremiumsTableTable_8189" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8190" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8218" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8217" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8218" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8254" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8253" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8254" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8219" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="Locator_mbi_UnearnedPremiumRevenueMember_8220" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8219" xlink:to="Locator_mbi_UnearnedPremiumRevenueMember_8220" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8221" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UpfrontMember" xlink:label="Locator_mbi_UpfrontMember_8222" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8221" xlink:to="Locator_mbi_UpfrontMember_8222" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8223" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InstallmentsMember" xlink:label="Locator_mbi_InstallmentsMember_8224" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8223" xlink:to="Locator_mbi_InstallmentsMember_8224" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8225" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccretionMember" xlink:label="Locator_mbi_AccretionMember_8226" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8225" xlink:to="Locator_mbi_AccretionMember_8226" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_8192" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsurancePremiumsTableTable_8191" xlink:to="Locator_us-gaap_StatementScenarioAxis_8192" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_8228" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8227" xlink:to="Locator_us-gaap_UnearnedPremiums_8228" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8230" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8229" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8230" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8232" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8231" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8232" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8234" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8233" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8234" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8236" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8235" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8236" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8238" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8237" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8238" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8240" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8239" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8240" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8242" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8241" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8242" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8244" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8243" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8244" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8245" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8246" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8245" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8246" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8248" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8247" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8248" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8250" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8249" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8250" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8252" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8251" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8252" order="13.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8344" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8343" xlink:to="Locator_dei_EntityDomain_8344" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_8346" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8345" xlink:to="Locator_mbi_MbiaCorpMember_8346" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8347" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_8348" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8347" xlink:to="Locator_mbi_NationalMember_8348" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8349" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_8350" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8349" xlink:to="Locator_mbi_MbiaUkMember_8350" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_8351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8352" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_8351" xlink:to="Locator_us-gaap_EquityComponentDomain_8352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8353" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="Locator_mbi_MinimumSurplusAndContingencyReservesMember_8354" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_8353" xlink:to="Locator_mbi_MinimumSurplusAndContingencyReservesMember_8354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8355" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_8356" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_8355" xlink:to="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_8356" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8357" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="Locator_mbi_PolicyholdersSurplusMember_8358" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_8357" xlink:to="Locator_mbi_PolicyholdersSurplusMember_8358" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8359" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusMember" xlink:label="Locator_mbi_SurplusMember_8360" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_EquityComponentDomain_8359" xlink:to="Locator_mbi_SurplusMember_8360" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8366" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_8365" xlink:to="Locator_us-gaap_RangeMember_8366" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_8368" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_8367" xlink:to="Locator_us-gaap_MinimumMember_8368" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8331" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8332" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8331" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTable_8332" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8336" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8335" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8336" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8362" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8361" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8362" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8406" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8405" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8406" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8363" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OptionTwoMember" xlink:label="Locator_mbi_OptionTwoMember_8364" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8363" xlink:to="Locator_mbi_OptionTwoMember_8364" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8338" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8337" xlink:to="Locator_dei_LegalEntityAxis_8338" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_8340" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8339" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_8340" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8342" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8341" xlink:to="Locator_us-gaap_RangeAxis_8342" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8369" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="Locator_mbi_PercentageOfPolicyholdersSurplus_8370" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8369" xlink:to="Locator_mbi_PercentageOfPolicyholdersSurplus_8370" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8371" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_8372" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8371" xlink:to="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_8372" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8374" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8373" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8374" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8375" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_8376" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8375" xlink:to="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_8376" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8377" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_8378" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8377" xlink:to="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_8378" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8379" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DividendPayingCapacity" xlink:label="Locator_mbi_DividendPayingCapacity_8380" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8379" xlink:to="Locator_mbi_DividendPayingCapacity_8380" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8381" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_8382" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8381" xlink:to="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_8382" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8383" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="Locator_mbi_InvestmentsInCertainQualifingAssets_8384" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8383" xlink:to="Locator_mbi_InvestmentsInCertainQualifingAssets_8384" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8385" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="Locator_mbi_DeficitOfQualifyingAssets_8386" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8385" xlink:to="Locator_mbi_DeficitOfQualifyingAssets_8386" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8387" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_8388" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8387" xlink:to="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_8388" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8389" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="Locator_mbi_StatutorySurplusNegativeImpact_8390" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8389" xlink:to="Locator_mbi_StatutorySurplusNegativeImpact_8390" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8391" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_8392" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8391" xlink:to="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_8392" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_8394" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8393" xlink:to="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_8394" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8395" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="Locator_mbi_StatutoryAccountingPracticesCapital_8396" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8395" xlink:to="Locator_mbi_StatutoryAccountingPracticesCapital_8396" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8397" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesSurplus_8398" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8397" xlink:to="Locator_mbi_StatutoryAccountingPracticesSurplus_8398" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8399" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_8400" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8399" xlink:to="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_8400" order="16.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_8402" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8401" xlink:to="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_8402" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:label="Locator_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_8404" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8403" xlink:to="Locator_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_8404" order="18.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8468" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_RangeAxis_8467" xlink:to="Locator_us-gaap_RangeMember_8468" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8498" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_RangeAxis_8497" xlink:to="Locator_us-gaap_RangeMember_8498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_8472" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_RangeMember_8471" xlink:to="Locator_us-gaap_MaximumMember_8472" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8460" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8459" xlink:to="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8460" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8464" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8463" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8464" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8470" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8469" xlink:to="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8470" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8500" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8499" xlink:to="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8500" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="Locator_us-gaap_PensionPlansDefinedBenefitMember_8474" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8473" xlink:to="Locator_us-gaap_PensionPlansDefinedBenefitMember_8474" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8475" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="Locator_mbi_QualifiedProfitSharingMember_8476" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8475" xlink:to="Locator_mbi_QualifiedProfitSharingMember_8476" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8477" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedPensionMember" xlink:label="Locator_mbi_NonqualifiedPensionMember_8478" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8477" xlink:to="Locator_mbi_NonqualifiedPensionMember_8478" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8479" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="Locator_mbi_NonqualifiedProfitSharingMember_8480" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8479" xlink:to="Locator_mbi_NonqualifiedProfitSharingMember_8480" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8466" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8465" xlink:to="Locator_us-gaap_RangeAxis_8466" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_8482" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8481" xlink:to="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_8482" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8483" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_8484" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8483" xlink:to="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_8484" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8485" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_8486" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8485" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_8486" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8487" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_8488" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8487" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_8488" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8489" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_8490" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8489" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_8490" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8491" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_8492" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8491" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_8492" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionExpense" xlink:label="Locator_us-gaap_PensionExpense_8494" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8493" xlink:to="Locator_us-gaap_PensionExpense_8494" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_8496" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8495" xlink:to="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_8496" order="8.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8584" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_dei_LegalEntityAxis_8583" xlink:to="Locator_dei_EntityDomain_8584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8585" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceCorporationMember" xlink:label="Locator_mbi_InsuranceCorporationMember_8586" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8585" xlink:to="Locator_mbi_InsuranceCorporationMember_8586" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_8588" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8587" xlink:to="Locator_mbi_BlueRidgeMember_8588" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_8590" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8589" xlink:to="Locator_mbi_WarburgPincusMember_8590" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8591" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HighbridgeInternationalLlcMember" xlink:label="Locator_mbi_HighbridgeInternationalLlcMember_8592" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_dei_EntityDomain_8591" xlink:to="Locator_mbi_HighbridgeInternationalLlcMember_8592" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_8627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_8628" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_8627" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_8628" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_8629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_8630" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_8629" xlink:to="Locator_us-gaap_SubsequentEventMember_8630" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8569" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8570" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8569" xlink:to="Locator_mbi_CommonAndPreferredStockTable_8570" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_8574" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8573" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightAxis_8574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_8593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8594" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_8593" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_8594" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_8673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8674" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_8673" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_8674" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_8596" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8595" xlink:to="Locator_us-gaap_WarrantMember_8596" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBWarrantsMember" xlink:label="Locator_mbi_ClassBWarrantsMember_8598" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8597" xlink:to="Locator_mbi_ClassBWarrantsMember_8598" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="Locator_mbi_ClassBTwoWarrantsMember_8600" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8599" xlink:to="Locator_mbi_ClassBTwoWarrantsMember_8600" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossupWarrantMember" xlink:label="Locator_mbi_GrossupWarrantMember_8602" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8601" xlink:to="Locator_mbi_GrossupWarrantMember_8602" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_8576" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8575" xlink:to="Locator_us-gaap_AwardTypeAxis_8576" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_8603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8604" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_AwardTypeAxis_8603" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="Locator_mbi_LongTermIncentivePlanMember_8606" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8605" xlink:to="Locator_mbi_LongTermIncentivePlanMember_8606" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_8578" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8577" xlink:to="Locator_us-gaap_StatementClassOfStockAxis_8578" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_8607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8608" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_8607" xlink:to="Locator_us-gaap_ClassOfStockDomain_8608" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_8671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8672" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_8671" xlink:to="Locator_us-gaap_ClassOfStockDomain_8672" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_8610" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8609" xlink:to="Locator_us-gaap_PreferredStockMember_8610" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_8612" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8611" xlink:to="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_8612" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8613" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_8614" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8613" xlink:to="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_8614" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8615" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_8616" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8615" xlink:to="Locator_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_8616" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_8618" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8617" xlink:to="Locator_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_8618" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandSixteenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_8620" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8619" xlink:to="Locator_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_8620" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_8622" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8621" xlink:to="Locator_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_8622" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_8624" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8623" xlink:to="Locator_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_8624" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8625" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="Locator_mbi_UnaffiliatedInvestorsMember_8626" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockDomain_8625" xlink:to="Locator_mbi_UnaffiliatedInvestorsMember_8626" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8580" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8579" xlink:to="Locator_dei_LegalEntityAxis_8580" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_8582" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8581" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_8582" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_8632" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8631" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_8632" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_8634" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8633" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_8634" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="Locator_us-gaap_WarrantsAndRightsOutstanding_8636" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8635" xlink:to="Locator_us-gaap_WarrantsAndRightsOutstanding_8636" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_8638" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8637" xlink:to="Locator_mbi_WarrantTerm_8638" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount1_8640" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8639" xlink:to="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount1_8640" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockRepurchaseProgramCancelledAmount" xlink:label="Locator_mbi_StockRepurchaseProgramCancelledAmount_8642" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8641" xlink:to="Locator_mbi_StockRepurchaseProgramCancelledAmount_8642" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8644" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8643" xlink:to="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8644" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_8646" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8645" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_8646" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8648" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8647" xlink:to="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8648" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_8650" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8649" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_8650" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodShares_8652" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8651" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodShares_8652" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodValue_8654" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8653" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodValue_8654" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_8656" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8655" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_8656" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="Locator_us-gaap_PreferredStockValueOutstanding_8658" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8657" xlink:to="Locator_us-gaap_PreferredStockValueOutstanding_8658" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_8660" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8659" xlink:to="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_8660" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8662" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8661" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8662" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="Locator_us-gaap_PreferredStockLiquidationPreference_8664" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8663" xlink:to="Locator_us-gaap_PreferredStockLiquidationPreference_8664" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_8666" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8665" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_8666" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_8668" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8667" xlink:to="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_8668" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfDirectors" xlink:label="Locator_mbi_NumberOfDirectors_8670" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8669" xlink:to="Locator_mbi_NumberOfDirectors_8670" order="20.0" />
    </definitionLink>
    <definitionLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8742" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8741" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8742" order="-1.0" xbrldt:contextElement="segment" xbrldt:closed="true" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8744" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8743" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8744" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8746" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8745" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8746" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8766" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8765" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8766" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="Locator_us-gaap_InvestmentsMember_8748" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8747" xlink:to="Locator_us-gaap_InvestmentsMember_8748" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_8750" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8749" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_8750" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableMember" xlink:label="Locator_us-gaap_PremiumsReceivableMember_8752" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8751" xlink:to="Locator_us-gaap_PremiumsReceivableMember_8752" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="Locator_us-gaap_OtherCurrentAssetsMember_8754" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8753" xlink:to="Locator_us-gaap_OtherCurrentAssetsMember_8754" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember" xlink:label="Locator_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_8756" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8755" xlink:to="Locator_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_8756" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiumsLongDurationMember" xlink:label="Locator_us-gaap_UnearnedPremiumsLongDurationMember_8758" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8757" xlink:to="Locator_us-gaap_UnearnedPremiumsLongDurationMember_8758" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_8760" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8759" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_8760" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_8762" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8761" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_8762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_8764" />
        <definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8763" xlink:to="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_8764" order="2.0" />
    </definitionLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>12
<FILENAME>mbi-20171231_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723) Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
    <labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="element1" />
        <label xlink:type="resource" xlink:label="label1" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentTableTextBlock_en-US">Investment Table Text Block</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1" xlink:to="label1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="element2" />
        <label xlink:type="resource" xlink:label="label2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentTableTextBlock_en-US">Amortized Cost And Fair Value Of Available-For-Sale And Held-To-Maturity Investment Portfolios</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2" xlink:to="label2" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="element3" />
        <label xlink:type="resource" xlink:label="label3" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentAxis_en-US">Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3" xlink:to="label3" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="element4" />
        <label xlink:type="resource" xlink:label="label4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentAxis_en-US">Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element4" xlink:to="label4" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="element5" />
        <label xlink:type="resource" xlink:label="label5" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_InvestmentDomain_en-US">Investment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element5" xlink:to="label5" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="element6" />
        <label xlink:type="resource" xlink:label="label6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_invest_InvestmentDomain_en-US">Investment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element6" xlink:to="label6" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="element7" />
        <label xlink:type="resource" xlink:label="label7" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_invest_DerivativeNotionalAmount_en-US">Derivative notional amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element7" xlink:to="label7" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="element8" />
        <label xlink:type="resource" xlink:label="label8" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_invest_DerivativeNotionalAmount_en-US">Notional Amount Outstanding, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element8" xlink:to="label8" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="element9" />
        <label xlink:type="resource" xlink:label="label9" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_CA_en-US">California [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element9" xlink:to="label9" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="element10" />
        <label xlink:type="resource" xlink:label="label10" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_CO_en-US">Colorado [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element10" xlink:to="label10" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="element11" />
        <label xlink:type="resource" xlink:label="label11" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_FL_en-US">Florida [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element11" xlink:to="label11" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_HI" xlink:label="element12" />
        <label xlink:type="resource" xlink:label="label12" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_HI_en-US">Hawaii [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element12" xlink:to="label12" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="element13" />
        <label xlink:type="resource" xlink:label="label13" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_IL_en-US">Illinois [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element13" xlink:to="label13" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="element14" />
        <label xlink:type="resource" xlink:label="label14" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_MI_en-US">Michigan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element14" xlink:to="label14" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="element15" />
        <label xlink:type="resource" xlink:label="label15" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_NJ_en-US">New Jersey [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element15" xlink:to="label15" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="element16" />
        <label xlink:type="resource" xlink:label="label16" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_NY_en-US">New York [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element16" xlink:to="label16" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_OR" xlink:label="element17" />
        <label xlink:type="resource" xlink:label="label17" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_OR_en-US">Oregon [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element17" xlink:to="label17" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="element18" />
        <label xlink:type="resource" xlink:label="label18" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_PA_en-US">Pennsylvania [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element18" xlink:to="label18" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="element19" />
        <label xlink:type="resource" xlink:label="label19" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_TX_en-US">Texas [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element19" xlink:to="label19" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_VA" xlink:label="element20" />
        <label xlink:type="resource" xlink:label="label20" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_VA_en-US">Virginia [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element20" xlink:to="label20" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="element21" />
        <label xlink:type="resource" xlink:label="label21" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_stpr_WA_en-US">Washington [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element21" xlink:to="label21" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="element22" />
        <label xlink:type="resource" xlink:label="label22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_AmendmentFlag_en-US">Amendment Flag</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element22" xlink:to="label22" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="element23" />
        <label xlink:type="resource" xlink:label="label23" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_AmendmentFlag_en-US">Amendment Flag</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element23" xlink:to="label23" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="element24" />
        <label xlink:type="resource" xlink:label="label24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_CurrentFiscalYearEndDate_en-US">Current Fiscal Year End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element24" xlink:to="label24" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="element25" />
        <label xlink:type="resource" xlink:label="label25" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_CurrentFiscalYearEndDate_en-US">Current Fiscal Year End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element25" xlink:to="label25" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="element26" />
        <label xlink:type="resource" xlink:label="label26" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentPeriodEndDate_en-US">Document Period End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element26" xlink:to="label26" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="element27" />
        <label xlink:type="resource" xlink:label="label27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentPeriodEndDate_en-US">Document Period End Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element27" xlink:to="label27" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="element28" />
        <label xlink:type="resource" xlink:label="label28" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityDomain_en-US">Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element28" xlink:to="label28" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="element29" />
        <label xlink:type="resource" xlink:label="label29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityDomain_en-US">Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element29" xlink:to="label29" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:label="element30" />
        <label xlink:type="resource" xlink:label="label30" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_TradingSymbol_en-US">Trading Symbol</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element30" xlink:to="label30" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:label="element31" />
        <label xlink:type="resource" xlink:label="label31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_TradingSymbol_en-US">Trading Symbol</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element31" xlink:to="label31" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="element32" />
        <label xlink:type="resource" xlink:label="label32" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityWellKnownSeasonedIssuer_en-US">Entity Well-Known Seasoned Issuer</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element32" xlink:to="label32" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="element33" />
        <label xlink:type="resource" xlink:label="label33" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityVoluntaryFilers_en-US">Entity Voluntary Filers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element33" xlink:to="label33" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="element34" />
        <label xlink:type="resource" xlink:label="label34" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCurrentReportingStatus_en-US">Entity Current Reporting Status</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element34" xlink:to="label34" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="element35" />
        <label xlink:type="resource" xlink:label="label35" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityFilerCategory_en-US">Entity Filer Category</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element35" xlink:to="label35" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="element36" />
        <label xlink:type="resource" xlink:label="label36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityFilerCategory_en-US">Entity Filer Category</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element36" xlink:to="label36" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="element37" />
        <label xlink:type="resource" xlink:label="label37" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityPublicFloat_en-US">Entity Public Float</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element37" xlink:to="label37" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="element38" />
        <label xlink:type="resource" xlink:label="label38" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityRegistrantName_en-US">Entity Registrant Name</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element38" xlink:to="label38" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="element39" />
        <label xlink:type="resource" xlink:label="label39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityRegistrantName_en-US">Entity Registrant Name</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element39" xlink:to="label39" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="element40" />
        <label xlink:type="resource" xlink:label="label40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityCentralIndexKey_en-US">Entity Central Index Key</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element40" xlink:to="label40" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="element41" />
        <label xlink:type="resource" xlink:label="label41" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCentralIndexKey_en-US">Entity Central Index Key</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element41" xlink:to="label41" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="element42" />
        <label xlink:type="resource" xlink:label="label42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_EntityCommonStockSharesOutstanding_en-US">Entity Common Stock, Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element42" xlink:to="label42" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="element43" />
        <label xlink:type="resource" xlink:label="label43" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_EntityCommonStockSharesOutstanding_en-US">Entity Common Stock Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element43" xlink:to="label43" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="element44" />
        <label xlink:type="resource" xlink:label="label44" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentFiscalYearFocus_en-US">Document Fiscal Year Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element44" xlink:to="label44" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="element45" />
        <label xlink:type="resource" xlink:label="label45" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentFiscalYearFocus_en-US">Document Fiscal Year Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element45" xlink:to="label45" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="element46" />
        <label xlink:type="resource" xlink:label="label46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentFiscalPeriodFocus_en-US">Document Fiscal Period Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element46" xlink:to="label46" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="element47" />
        <label xlink:type="resource" xlink:label="label47" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentFiscalPeriodFocus_en-US">Document Fiscal Period Focus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element47" xlink:to="label47" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="element48" />
        <label xlink:type="resource" xlink:label="label48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_LegalEntityAxis_en-US">Legal Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element48" xlink:to="label48" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="element49" />
        <label xlink:type="resource" xlink:label="label49" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_LegalEntityAxis_en-US">Legal Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element49" xlink:to="label49" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="element50" />
        <label xlink:type="resource" xlink:label="label50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_dei_DocumentType_en-US">Document Type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element50" xlink:to="label50" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="element51" />
        <label xlink:type="resource" xlink:label="label51" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_dei_DocumentType_en-US">Document Type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element51" xlink:to="label51" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AsiaMember" xlink:label="element52" />
        <label xlink:type="resource" xlink:label="label52" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AsiaMember_en-US">Asia [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element52" xlink:to="label52" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="element53" />
        <label xlink:type="resource" xlink:label="label53" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AwardTypeAxis_en-US">Award Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element53" xlink:to="label53" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="element54" />
        <label xlink:type="resource" xlink:label="label54" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableforsaleSecuritiesMember_en-US">AFS Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element54" xlink:to="label54" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="element55" />
        <label xlink:type="resource" xlink:label="label55" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_en-US">AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element55" xlink:to="label55" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="element56" />
        <label xlink:type="resource" xlink:label="label56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_en-US">Number of available-for-sale securities in unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element56" xlink:to="label56" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="element57" />
        <label xlink:type="resource" xlink:label="label57" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountingPoliciesAbstract_en-US">Accounting Policies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element57" xlink:to="label57" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="element58" />
        <label xlink:type="resource" xlink:label="label58" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_en-US">Accounts Notes Loans And Financing Receivable By Receivable Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element58" xlink:to="label58" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="element59" />
        <label xlink:type="resource" xlink:label="label59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_en-US">Receivable Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element59" xlink:to="label59" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="element60" />
        <label xlink:type="resource" xlink:label="label60" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccountsNotesAndLoansReceivableLineItems_en-US">Accounts Notes And Loans Receivable [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element60" xlink:to="label60" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="element61" />
        <label xlink:type="resource" xlink:label="label61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccountsNotesAndLoansReceivableLineItems_en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element61" xlink:to="label61" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="element62" />
        <label xlink:type="resource" xlink:label="label62" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccruedIncomeTaxes_en-US">AccruedIncomeTaxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element62" xlink:to="label62" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="element63" />
        <label xlink:type="resource" xlink:label="label63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccruedIncomeTaxes_en-US">Income taxes payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element63" xlink:to="label63" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="element64" />
        <label xlink:type="resource" xlink:label="label64" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccruedInvestmentIncomeReceivable_en-US">Accrued Investment Income Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element64" xlink:to="label64" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="element65" />
        <label xlink:type="resource" xlink:label="label65" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccruedInvestmentIncomeReceivable_en-US">Accrued investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element65" xlink:to="label65" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="element66" />
        <label xlink:type="resource" xlink:label="label66" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_en-US">Unrealized gains (losses) on AFS, net [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element66" xlink:to="label66" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="element67" />
        <label xlink:type="resource" xlink:label="label67" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_en-US">Accumulated Depreciation Depletion And Amortization Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element67" xlink:to="label67" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="element68" />
        <label xlink:type="resource" xlink:label="label68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_en-US">Property and equipment, accumulated depreciation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element68" xlink:to="label68" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="element69" />
        <label xlink:type="resource" xlink:label="label69" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedTranslationAdjustmentMember_en-US">Foreign currency translation, net [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element69" xlink:to="label69" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:label="element70" />
        <label xlink:type="resource" xlink:label="label70" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_en-US">Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element70" xlink:to="label70" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="element71" />
        <label xlink:type="resource" xlink:label="label71" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeMember_en-US">Accumulated Other Comprehensive Income [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element71" xlink:to="label71" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="element72" />
        <label xlink:type="resource" xlink:label="label72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedOtherComprehensiveIncomeMember_en-US">Accumulated Other Comprehensive Income (Loss) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element72" xlink:to="label72" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element73" />
        <label xlink:type="resource" xlink:label="label73" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated Other Comprehensive Income Loss Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element73" xlink:to="label73" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element74" />
        <label xlink:type="resource" xlink:label="label74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated other comprehensive income (loss), net of tax of $16 and $37</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element74" xlink:to="label74" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element75" />
        <label xlink:type="resource" xlink:label="label75" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element75" xlink:to="label75" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element76" />
        <label xlink:type="resource" xlink:label="label76" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element76" xlink:to="label76" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="element77" />
        <label xlink:type="resource" xlink:label="label77" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_en-US">Accumulated other comprehensive income (loss), net of tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element77" xlink:to="label77" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="element78" />
        <label xlink:type="resource" xlink:label="label78" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdditionalPaidInCapital_en-US">Additional Paid In Capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element78" xlink:to="label78" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="element79" />
        <label xlink:type="resource" xlink:label="label79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdditionalPaidInCapital_en-US">Additional paid-in capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element79" xlink:to="label79" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="element80" />
        <label xlink:type="resource" xlink:label="label80" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdditionalPaidInCapitalMember_en-US">Additional Paid In Capital [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element80" xlink:to="label80" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="element81" />
        <label xlink:type="resource" xlink:label="label81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdditionalPaidInCapitalMember_en-US">Additional Paid-In Capital [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element81" xlink:to="label81" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="element82" />
        <label xlink:type="resource" xlink:label="label82" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_en-US">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element82" xlink:to="label82" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="element83" />
        <label xlink:type="resource" xlink:label="label83" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_en-US">Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element83" xlink:to="label83" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="element84" />
        <label xlink:type="resource" xlink:label="label84" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_en-US">Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element84" xlink:to="label84" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="element85" />
        <label xlink:type="resource" xlink:label="label85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element85" xlink:to="label85" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element86" />
        <label xlink:type="resource" xlink:label="label86" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element86" xlink:to="label86" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element87" />
        <label xlink:type="resource" xlink:label="label87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Total adjustments to net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element87" xlink:to="label87" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="element88" />
        <label xlink:type="resource" xlink:label="label88" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_en-US">Total adjustments to net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element88" xlink:to="label88" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="element89" />
        <label xlink:type="resource" xlink:label="label89" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AllocatedShareBasedCompensationExpense_en-US">Share-based compensation expense (benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element89" xlink:to="label89" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="element90" />
        <label xlink:type="resource" xlink:label="label90" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_en-US">Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element90" xlink:to="label90" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="element91" />
        <label xlink:type="resource" xlink:label="label91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_en-US">Antidilutive stock options, restricted stock and warrants outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element91" xlink:to="label91" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="element92" />
        <label xlink:type="resource" xlink:label="label92" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetBackedSecuritiesMember_en-US">Asset-backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element92" xlink:to="label92" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="element93" />
        <label xlink:type="resource" xlink:label="label93" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Assets_en-US">Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element93" xlink:to="label93" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="element94" />
        <label xlink:type="resource" xlink:label="label94" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Assets_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element94" xlink:to="label94" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="element95" />
        <label xlink:type="resource" xlink:label="label95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Assets_en-US">Carrying amounts of assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element95" xlink:to="label95" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="element96" />
        <label xlink:type="resource" xlink:label="label96" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_Assets_en-US">Identifiable assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element96" xlink:to="label96" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="element97" />
        <label xlink:type="resource" xlink:label="label97" xlink:role="http://www.xbrl.org/2003/role/positiveTerseLabel" xml:lang="en-US" id="positiveTerse_us-gaap_Assets_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element97" xlink:to="label97" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element98" />
        <label xlink:type="resource" xlink:label="label98" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">AssetsFairValueDisclosureNonrecurring</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element98" xlink:to="label98" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element99" />
        <label xlink:type="resource" xlink:label="label99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element99" xlink:to="label99" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="element100" />
        <label xlink:type="resource" xlink:label="label100" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AssetsFairValueDisclosureNonrecurring_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element100" xlink:to="label100" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="element101" />
        <label xlink:type="resource" xlink:label="label101" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsFairValueDisclosureRecurring_en-US">Investments Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element101" xlink:to="label101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="element102" />
        <label xlink:type="resource" xlink:label="label102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsFairValueDisclosureRecurring_en-US">Fair value financial assets measured on recurring basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element102" xlink:to="label102" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="element103" />
        <label xlink:type="resource" xlink:label="label103" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsAbstract_en-US">Assets [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element103" xlink:to="label103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="element104" />
        <label xlink:type="resource" xlink:label="label104" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AssetsAbstract_en-US">Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element104" xlink:to="label104" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="element105" />
        <label xlink:type="resource" xlink:label="label105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_en-US">Assets held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element105" xlink:to="label105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="element106" />
        <label xlink:type="resource" xlink:label="label106" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssumedPremiumsEarned_en-US">Assumed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element106" xlink:to="label106" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="element107" />
        <label xlink:type="resource" xlink:label="label107" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AssumedPremiumsWritten_en-US">Assumed From Other Companies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element107" xlink:to="label107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element108" />
        <label xlink:type="resource" xlink:label="label108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element108" xlink:to="label108" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element109" />
        <label xlink:type="resource" xlink:label="label109" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US" id="positive_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total Available-For-Sale, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element109" xlink:to="label109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element110" />
        <label xlink:type="resource" xlink:label="label110" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element110" xlink:to="label110" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element111" />
        <label xlink:type="resource" xlink:label="label111" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total available-for-sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element111" xlink:to="label111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element112" />
        <label xlink:type="resource" xlink:label="label112" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element112" xlink:to="label112" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element113" />
        <label xlink:type="resource" xlink:label="label113" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecurities_en-US">Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element113" xlink:to="label113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element114" />
        <label xlink:type="resource" xlink:label="label114" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecurities_en-US">OLD Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $3,999 and $4,347)Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $321 and $637)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element114" xlink:to="label114" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="element115" />
        <label xlink:type="resource" xlink:label="label115" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecurities_en-US">Total available-for-sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element115" xlink:to="label115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element116" />
        <label xlink:type="resource" xlink:label="label116" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element116" xlink:to="label116" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element117" />
        <label xlink:type="resource" xlink:label="label117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Less than 12 months, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element117" xlink:to="label117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element118" />
        <label xlink:type="resource" xlink:label="label118" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element118" xlink:to="label118" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element119" />
        <label xlink:type="resource" xlink:label="label119" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element119" xlink:to="label119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element120" />
        <label xlink:type="resource" xlink:label="label120" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element120" xlink:to="label120" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element121" />
        <label xlink:type="resource" xlink:label="label121" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element121" xlink:to="label121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element122" />
        <label xlink:type="resource" xlink:label="label122" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element122" xlink:to="label122" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element123" />
        <label xlink:type="resource" xlink:label="label123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element123" xlink:to="label123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element124" />
        <label xlink:type="resource" xlink:label="label124" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Available For Sale Securities Pledged As Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element124" xlink:to="label124" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element125" />
        <label xlink:type="resource" xlink:label="label125" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Investments pledged as collateral, at fair value (amortized cost $147 and $234)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element125" xlink:to="label125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="element126" />
        <label xlink:type="resource" xlink:label="label126" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_en-US">Investments pledged as collateral, at fair value (amortized cost $155 and $242)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element126" xlink:to="label126" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="element127" />
        <label xlink:type="resource" xlink:label="label127" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_en-US">AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element127" xlink:to="label127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="element128" />
        <label xlink:type="resource" xlink:label="label128" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_en-US">Gross unrealized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element128" xlink:to="label128" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element129" />
        <label xlink:type="resource" xlink:label="label129" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element129" xlink:to="label129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element130" />
        <label xlink:type="resource" xlink:label="label130" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">12 months or longer, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element130" xlink:to="label130" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element131" />
        <label xlink:type="resource" xlink:label="label131" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element131" xlink:to="label131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element132" />
        <label xlink:type="resource" xlink:label="label132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">12 months or longer, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element132" xlink:to="label132" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element133" />
        <label xlink:type="resource" xlink:label="label133" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Available For Sale Securities Current</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element133" xlink:to="label133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element134" />
        <label xlink:type="resource" xlink:label="label134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Short-term investments held as available-for-sale, at fair value (amortized cost $589 and $552)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element134" xlink:to="label134" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="element135" />
        <label xlink:type="resource" xlink:label="label135" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesCurrent_en-US">Short-term investments held as available-for-sale, at fair value (amortized cost $283 and $278)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element135" xlink:to="label135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element136" />
        <label xlink:type="resource" xlink:label="label136" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element136" xlink:to="label136" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element137" />
        <label xlink:type="resource" xlink:label="label137" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">Total available-for-sale, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element137" xlink:to="label137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="element138" />
        <label xlink:type="resource" xlink:label="label138" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element138" xlink:to="label138" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="element139" />
        <label xlink:type="resource" xlink:label="label139" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element139" xlink:to="label139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="element140" />
        <label xlink:type="resource" xlink:label="label140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_en-US">AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element140" xlink:to="label140" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="element141" />
        <label xlink:type="resource" xlink:label="label141" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_en-US">Gross unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element141" xlink:to="label141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="element142" />
        <label xlink:type="resource" xlink:label="label142" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element142" xlink:to="label142" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="element143" />
        <label xlink:type="resource" xlink:label="label143" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element143" xlink:to="label143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element144" />
        <label xlink:type="resource" xlink:label="label144" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Fixed-maturity securities held as available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element144" xlink:to="label144" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element145" />
        <label xlink:type="resource" xlink:label="label145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element145" xlink:to="label145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="element146" />
        <label xlink:type="resource" xlink:label="label146" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesAmortizedCost_en-US">Total available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element146" xlink:to="label146" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="element147" />
        <label xlink:type="resource" xlink:label="label147" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_en-US">Available-For-Sale Securities And Held-To-Maturity Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element147" xlink:to="label147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="element148" />
        <label xlink:type="resource" xlink:label="label148" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_en-US">Available For Sale Securities Short Term Investments Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element148" xlink:to="label148" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="element149" />
        <label xlink:type="resource" xlink:label="label149" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_en-US">Short-term investments held as available-for-sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element149" xlink:to="label149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="element150" />
        <label xlink:type="resource" xlink:label="label150" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element150" xlink:to="label150" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="element151" />
        <label xlink:type="resource" xlink:label="label151" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element151" xlink:to="label151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element152" />
        <label xlink:type="resource" xlink:label="label152" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element152" xlink:to="label152" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element153" />
        <label xlink:type="resource" xlink:label="label153" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">Less than 12 months, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element153" xlink:to="label153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="element154" />
        <label xlink:type="resource" xlink:label="label154" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element154" xlink:to="label154" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="element155" />
        <label xlink:type="resource" xlink:label="label155" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element155" xlink:to="label155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="element156" />
        <label xlink:type="resource" xlink:label="label156" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element156" xlink:to="label156" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="element157" />
        <label xlink:type="resource" xlink:label="label157" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_en-US">Total Available-For-Sale, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element157" xlink:to="label157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="element158" />
        <label xlink:type="resource" xlink:label="label158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesAbstract_en-US">Available For Sale Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element158" xlink:to="label158" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="element159" />
        <label xlink:type="resource" xlink:label="label159" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_en-US">AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element159" xlink:to="label159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="element160" />
        <label xlink:type="resource" xlink:label="label160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element160" xlink:to="label160" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="element161" />
        <label xlink:type="resource" xlink:label="label161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_en-US">Available For Sale Securities Gross Realized Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element161" xlink:to="label161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="element162" />
        <label xlink:type="resource" xlink:label="label162" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_en-US">Gross realized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element162" xlink:to="label162" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="element163" />
        <label xlink:type="resource" xlink:label="label163" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_en-US">Available For Sale Securities Realized Gain Loss [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element163" xlink:to="label163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="element164" />
        <label xlink:type="resource" xlink:label="label164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtSecurities_en-US">AvailableForSaleSecuritiesDebtSecurities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element164" xlink:to="label164" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="element165" />
        <label xlink:type="resource" xlink:label="label165" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_AvailableForSaleSecuritiesDebtSecurities_en-US">Total Available-For-Sale, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element165" xlink:to="label165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="element166" />
        <label xlink:type="resource" xlink:label="label166" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_en-US">AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element166" xlink:to="label166" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="element167" />
        <label xlink:type="resource" xlink:label="label167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element167" xlink:to="label167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element168" />
        <label xlink:type="resource" xlink:label="label168" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Available For Sale Securities Non Current</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element168" xlink:to="label168" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element169" />
        <label xlink:type="resource" xlink:label="label169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $3,728 and $4,713)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element169" xlink:to="label169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="element170" />
        <label xlink:type="resource" xlink:label="label170" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_AvailableForSaleSecuritiesNoncurrent_en-US">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $590 and $687)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element170" xlink:to="label170" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element171" />
        <label xlink:type="resource" xlink:label="label171" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element171" xlink:to="label171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element172" />
        <label xlink:type="resource" xlink:label="label172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element172" xlink:to="label172" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="element173" />
        <label xlink:type="resource" xlink:label="label173" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_en-US">Available For Sale Securities Gross Realized Gains Losses Sale Proceeds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element173" xlink:to="label173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="element174" />
        <label xlink:type="resource" xlink:label="label174" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_en-US">Proceeds from sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element174" xlink:to="label174" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="element175" />
        <label xlink:type="resource" xlink:label="label175" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_en-US">Available For Sale Securities Gross Realized Gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element175" xlink:to="label175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="element176" />
        <label xlink:type="resource" xlink:label="label176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_en-US">Gross realized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element176" xlink:to="label176" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="element177" />
        <label xlink:type="resource" xlink:label="label177" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BalanceSheetLocationAxis_en-US">Balance Sheet Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element177" xlink:to="label177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="element178" />
        <label xlink:type="resource" xlink:label="label178" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BalanceSheetLocationDomain_en-US">Balance Sheet Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element178" xlink:to="label178" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="element179" />
        <label xlink:type="resource" xlink:label="label179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BalanceSheetLocationDomain_en-US">Balance Sheet Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element179" xlink:to="label179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="element180" />
        <label xlink:type="resource" xlink:label="label180" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_en-US">Basis of Presentation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element180" xlink:to="label180" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element181" />
        <label xlink:type="resource" xlink:label="label181" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BenefitsLossesAndExpenses_en-US">Benefits Losses And Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element181" xlink:to="label181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element182" />
        <label xlink:type="resource" xlink:label="label182" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BenefitsLossesAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element182" xlink:to="label182" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="element183" />
        <label xlink:type="resource" xlink:label="label183" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_BenefitsLossesAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element183" xlink:to="label183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element184" />
        <label xlink:type="resource" xlink:label="label184" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Borrowings Under Guaranteed Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element184" xlink:to="label184" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element185" />
        <label xlink:type="resource" xlink:label="label185" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element185" xlink:to="label185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="element186" />
        <label xlink:type="resource" xlink:label="label186" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element186" xlink:to="label186" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="element187" />
        <label xlink:type="resource" xlink:label="label187" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BuildingAndBuildingImprovementsMember_en-US">Building And Site Improvements [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element187" xlink:to="label187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessExitCosts1" xlink:label="element188" />
        <label xlink:type="resource" xlink:label="label188" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BusinessExitCosts1_en-US">BusinessExitCosts1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element188" xlink:to="label188" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessExitCosts1" xlink:label="element189" />
        <label xlink:type="resource" xlink:label="label189" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BusinessExitCosts1_en-US">Costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element189" xlink:to="label189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessExitCosts1" xlink:label="element190" />
        <label xlink:type="resource" xlink:label="label190" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_BusinessExitCosts1_en-US">Costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element190" xlink:to="label190" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="element191" />
        <label xlink:type="resource" xlink:label="label191" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_BusinessAcquisitionLineItems_en-US">Business Acquisition [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element191" xlink:to="label191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="element192" />
        <label xlink:type="resource" xlink:label="label192" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_BusinessAcquisitionLineItems_en-US">Business Acquisition [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element192" xlink:to="label192" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="element193" />
        <label xlink:type="resource" xlink:label="label193" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CounterpartyNameAxis_en-US">Counterparty Name [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element193" xlink:to="label193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="element194" />
        <label xlink:type="resource" xlink:label="label194" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_en-US">CapitalizationOfDeferredPolicyAcquisitionCostsPolicy</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element194" xlink:to="label194" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="element195" />
        <label xlink:type="resource" xlink:label="label195" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_en-US">Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element195" xlink:to="label195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="element196" />
        <label xlink:type="resource" xlink:label="label196" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CarryingReportedAmountFairValueDisclosureMember_en-US">Carrying Reported Amount Fair Value Disclosure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element196" xlink:to="label196" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="element197" />
        <label xlink:type="resource" xlink:label="label197" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CarryingReportedAmountFairValueDisclosureMember_en-US">Carrying Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element197" xlink:to="label197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="element198" />
        <label xlink:type="resource" xlink:label="label198" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Cash_en-US">Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element198" xlink:to="label198" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="element199" />
        <label xlink:type="resource" xlink:label="label199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Cash_en-US">Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element199" xlink:to="label199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="element200" />
        <label xlink:type="resource" xlink:label="label200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashIncludingDiscontinuedOperations_en-US">CashIncludingDiscontinuedOperations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element200" xlink:to="label200" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="element201" />
        <label xlink:type="resource" xlink:label="label201" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CashIncludingDiscontinuedOperations_en-US">Reclassification to assets held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element201" xlink:to="label201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element202" />
        <label xlink:type="resource" xlink:label="label202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash And Cash Equivalents At Carrying Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element202" xlink:to="label202" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element203" />
        <label xlink:type="resource" xlink:label="label203" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents - end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element203" xlink:to="label203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element204" />
        <label xlink:type="resource" xlink:label="label204" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and money market securities pledged as collateral under investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element204" xlink:to="label204" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element205" />
        <label xlink:type="resource" xlink:label="label205" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element205" xlink:to="label205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="element206" />
        <label xlink:type="resource" xlink:label="label206" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_CashAndCashEquivalentsAtCarryingValue_en-US">Cash and cash equivalents - beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element206" xlink:to="label206" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="element207" />
        <label xlink:type="resource" xlink:label="label207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_en-US">Dividends from subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element207" xlink:to="label207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="element208" />
        <label xlink:type="resource" xlink:label="label208" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsPolicyTextBlock_en-US">Cash, Cash Equivalents and Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element208" xlink:to="label208" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashMember" xlink:label="element209" />
        <label xlink:type="resource" xlink:label="label209" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashMember_en-US">Cash [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element209" xlink:to="label209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element210" />
        <label xlink:type="resource" xlink:label="label210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Cash And Cash Equivalents Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element210" xlink:to="label210" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element211" />
        <label xlink:type="resource" xlink:label="label211" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Net increase (decrease) in cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element211" xlink:to="label211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="element212" />
        <label xlink:type="resource" xlink:label="label212" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_en-US">Net increase (decrease) in cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element212" xlink:to="label212" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="element213" />
        <label xlink:type="resource" xlink:label="label213" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashAndCashEquivalentsMember_en-US">Cash And Cash Equivalents [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element213" xlink:to="label213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="element214" />
        <label xlink:type="resource" xlink:label="label214" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashAndCashEquivalentsMember_en-US">Cash and Cash Equivalents [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element214" xlink:to="label214" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="element215" />
        <label xlink:type="resource" xlink:label="label215" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_en-US">CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element215" xlink:to="label215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="element216" />
        <label xlink:type="resource" xlink:label="label216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_en-US">Supplementary Disclosure of Consolidated Cash Flow Information</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element216" xlink:to="label216" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="element217" />
        <label xlink:type="resource" xlink:label="label217" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededCreditRiskAxis_en-US">Ceded Credit Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element217" xlink:to="label217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="element218" />
        <label xlink:type="resource" xlink:label="label218" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededPremiumsWritten_en-US">Ceded to Others</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element218" xlink:to="label218" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="element219" />
        <label xlink:type="resource" xlink:label="label219" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CededPremiumsWritten_en-US">Ceded to Others</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element219" xlink:to="label219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="element220" />
        <label xlink:type="resource" xlink:label="label220" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededCreditRiskReinsurerDomain_en-US">Ceded Credit Risk, Reinsurer [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element220" xlink:to="label220" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element221" />
        <label xlink:type="resource" xlink:label="label221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CededPremiumsEarned_en-US">Ceded Premiums Earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element221" xlink:to="label221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element222" />
        <label xlink:type="resource" xlink:label="label222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CededPremiumsEarned_en-US">Ceded premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element222" xlink:to="label222" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="element223" />
        <label xlink:type="resource" xlink:label="label223" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CededPremiumsEarned_en-US">Ceded premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element223" xlink:to="label223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="element224" />
        <label xlink:type="resource" xlink:label="label224" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfStockLineItems_en-US">Class of Stock [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element224" xlink:to="label224" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="element225" />
        <label xlink:type="resource" xlink:label="label225" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightOutstanding_en-US">Warrants outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element225" xlink:to="label225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="element226" />
        <label xlink:type="resource" xlink:label="label226" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightAxis_en-US">Class Of Warrant Or Right [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element226" xlink:to="label226" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="element227" />
        <label xlink:type="resource" xlink:label="label227" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfStockDomain_en-US">Class of Stock [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element227" xlink:to="label227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="element228" />
        <label xlink:type="resource" xlink:label="label228" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_en-US">Class Of Warrant Or Right Exercise Price Of Warrants Or Rights</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element228" xlink:to="label228" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="element229" />
        <label xlink:type="resource" xlink:label="label229" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_en-US">Warrant exercise price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element229" xlink:to="label229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="element230" />
        <label xlink:type="resource" xlink:label="label230" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassOfWarrantOrRightDomain_en-US">Class Of Warrant Or Right [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element230" xlink:to="label230" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="element231" />
        <label xlink:type="resource" xlink:label="label231" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ClassificationOfVariableInterestEntityDomain_en-US">Classification Of Variable Interest Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element231" xlink:to="label231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="element232" />
        <label xlink:type="resource" xlink:label="label232" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ClassificationOfVariableInterestEntityDomain_en-US">Variable Interest Entity, Classification [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element232" xlink:to="label232" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="element233" />
        <label xlink:type="resource" xlink:label="label233" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CollateralizedDebtObligationsMember_en-US">Collateralized Debt Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element233" xlink:to="label233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="element234" />
        <label xlink:type="resource" xlink:label="label234" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CollateralizedDebtObligationsMember_en-US">Collateralized Debt Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element234" xlink:to="label234" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="element235" />
        <label xlink:type="resource" xlink:label="label235" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CollateralizedLoanObligationsMember_en-US">Collateral Loan Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element235" xlink:to="label235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="element236" />
        <label xlink:type="resource" xlink:label="label236" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommercialMortgageBackedSecuritiesMember_en-US">Commercial Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element236" xlink:to="label236" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="element237" />
        <label xlink:type="resource" xlink:label="label237" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommercialMortgageBackedSecuritiesMember_en-US">Commercial Mortgage-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element237" xlink:to="label237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="element238" />
        <label xlink:type="resource" xlink:label="label238" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_en-US">Commitments And Contingencies Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element238" xlink:to="label238" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="element239" />
        <label xlink:type="resource" xlink:label="label239" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_en-US">Commitments and Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element239" xlink:to="label239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="element240" />
        <label xlink:type="resource" xlink:label="label240" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingencies_en-US">Commitments And Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element240" xlink:to="label240" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="element241" />
        <label xlink:type="resource" xlink:label="label241" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommitmentsAndContingencies_en-US">Commitments and contingencies (Refer to Note 20)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element241" xlink:to="label241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="element242" />
        <label xlink:type="resource" xlink:label="label242" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_en-US">Commitments and Contingencies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element242" xlink:to="label242" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="element243" />
        <label xlink:type="resource" xlink:label="label243" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommodityIndexLinkedNotesMember_en-US">Credit Linked Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element243" xlink:to="label243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="element244" />
        <label xlink:type="resource" xlink:label="label244" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockMember_en-US">Common Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element244" xlink:to="label244" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="element245" />
        <label xlink:type="resource" xlink:label="label245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockMember_en-US">Common Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element245" xlink:to="label245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element246" />
        <label xlink:type="resource" xlink:label="label246" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockSharesIssued_en-US">Common Stock Shares Issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element246" xlink:to="label246" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element247" />
        <label xlink:type="resource" xlink:label="label247" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockSharesIssued_en-US">Common stock, issued shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element247" xlink:to="label247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element248" />
        <label xlink:type="resource" xlink:label="label248" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_CommonStockSharesIssued_en-US">Balance (in common stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element248" xlink:to="label248" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="element249" />
        <label xlink:type="resource" xlink:label="label249" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_CommonStockSharesIssued_en-US">Balance (in common stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element249" xlink:to="label249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="element250" />
        <label xlink:type="resource" xlink:label="label250" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockSharesAuthorized_en-US">Common Stock Shares Authorized</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element250" xlink:to="label250" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="element251" />
        <label xlink:type="resource" xlink:label="label251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockSharesAuthorized_en-US">Common stock, authorized shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element251" xlink:to="label251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="element252" />
        <label xlink:type="resource" xlink:label="label252" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockValue_en-US">Common Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element252" xlink:to="label252" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="element253" />
        <label xlink:type="resource" xlink:label="label253" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockValue_en-US">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares-- 283,717,973 and 283,989,999</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element253" xlink:to="label253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="element254" />
        <label xlink:type="resource" xlink:label="label254" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_en-US">Shareholder approved increase in common stock reserved and available for issuance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element254" xlink:to="label254" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="element255" />
        <label xlink:type="resource" xlink:label="label255" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CommonStockParOrStatedValuePerShare_en-US">Common Stock Par Or Stated Value Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element255" xlink:to="label255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="element256" />
        <label xlink:type="resource" xlink:label="label256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CommonStockParOrStatedValuePerShare_en-US">Common stock, par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element256" xlink:to="label256" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="element257" />
        <label xlink:type="resource" xlink:label="label257" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_en-US">Components of deferred tax assets and liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element257" xlink:to="label257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="element258" />
        <label xlink:type="resource" xlink:label="label258" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_en-US">Other comprehensive income (loss): [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element258" xlink:to="label258" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="element259" />
        <label xlink:type="resource" xlink:label="label259" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNoteTextBlock_en-US">Accumulated Other Comprehensive Income [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element259" xlink:to="label259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element260" />
        <label xlink:type="resource" xlink:label="label260" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive Income Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element260" xlink:to="label260" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element261" />
        <label xlink:type="resource" xlink:label="label261" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element261" xlink:to="label261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="element262" />
        <label xlink:type="resource" xlink:label="label262" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ComprehensiveIncomeNetOfTax_en-US">Comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element262" xlink:to="label262" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="element263" />
        <label xlink:type="resource" xlink:label="label263" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ComputerEquipmentMember_en-US">Equipment And Software [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element263" xlink:to="label263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="element264" />
        <label xlink:type="resource" xlink:label="label264" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedCashFlowStatementTable_en-US">Condensed Cash Flow Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element264" xlink:to="label264" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="element265" />
        <label xlink:type="resource" xlink:label="label265" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_en-US">Condensed Financial Information of Parent Company Only Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element265" xlink:to="label265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="element266" />
        <label xlink:type="resource" xlink:label="label266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_en-US">Condensed Financial Information of Parent Company Only Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element266" xlink:to="label266" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="element267" />
        <label xlink:type="resource" xlink:label="label267" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedIncomeStatementTable_en-US">Condensed Income Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element267" xlink:to="label267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="element268" />
        <label xlink:type="resource" xlink:label="label268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedBalanceSheetStatementTable_en-US">Condensed Balance Sheet Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element268" xlink:to="label268" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="element269" />
        <label xlink:type="resource" xlink:label="label269" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedIncomeStatementsCaptionsLineItems_en-US">Condensed Income Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element269" xlink:to="label269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="element270" />
        <label xlink:type="resource" xlink:label="label270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_en-US">Condensed Balance Sheet Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element270" xlink:to="label270" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="element271" />
        <label xlink:type="resource" xlink:label="label271" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_en-US">Condensed Cash Flow Statements, Captions [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element271" xlink:to="label271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="element272" />
        <label xlink:type="resource" xlink:label="label272" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_en-US">Condensed Financial Information of Parent Company Only Disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element272" xlink:to="label272" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="element273" />
        <label xlink:type="resource" xlink:label="label273" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_en-US">Consolidated Entity Excluding Variable Interest Entities VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element273" xlink:to="label273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="element274" />
        <label xlink:type="resource" xlink:label="label274" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_en-US">Non Variable Interest Entity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element274" xlink:to="label274" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="element275" />
        <label xlink:type="resource" xlink:label="label275" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationPolicyTextBlock_en-US">Consolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element275" xlink:to="label275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="element276" />
        <label xlink:type="resource" xlink:label="label276" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationItemsAxis_en-US">Consolidation Items [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element276" xlink:to="label276" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="element277" />
        <label xlink:type="resource" xlink:label="label277" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ConsolidationItemsDomain_en-US">Consolidation Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element277" xlink:to="label277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="element278" />
        <label xlink:type="resource" xlink:label="label278" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CorporateDebtSecuritiesMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element278" xlink:to="label278" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="element279" />
        <label xlink:type="resource" xlink:label="label279" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CostsAndExpenses_en-US">Costs And Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element279" xlink:to="label279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="element280" />
        <label xlink:type="resource" xlink:label="label280" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_CostsAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element280" xlink:to="label280" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="element281" />
        <label xlink:type="resource" xlink:label="label281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CostsAndExpenses_en-US">Total expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element281" xlink:to="label281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="element282" />
        <label xlink:type="resource" xlink:label="label282" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_en-US">Credit Risk Derivative Liabilities At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element282" xlink:to="label282" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="element283" />
        <label xlink:type="resource" xlink:label="label283" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_en-US">Total fair value of credit derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element283" xlink:to="label283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="element284" />
        <label xlink:type="resource" xlink:label="label284" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDefaultSwapMember_en-US">Credit Default Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element284" xlink:to="label284" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="element285" />
        <label xlink:type="resource" xlink:label="label285" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDefaultSwapMember_en-US">Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element285" xlink:to="label285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="element286" />
        <label xlink:type="resource" xlink:label="label286" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDerivativesContractTypeDomain_en-US">Credit Derivatives Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element286" xlink:to="label286" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="element287" />
        <label xlink:type="resource" xlink:label="label287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDerivativesContractTypeDomain_en-US">Credit Derivatives Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element287" xlink:to="label287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="element288" />
        <label xlink:type="resource" xlink:label="label288" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditDerivativesByContractTypeAxis_en-US">Credit Derivatives By Contract Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element288" xlink:to="label288" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="element289" />
        <label xlink:type="resource" xlink:label="label289" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CreditDerivativesByContractTypeAxis_en-US">Credit Derivatives Contract Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element289" xlink:to="label289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="element290" />
        <label xlink:type="resource" xlink:label="label290" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditFacilityAxis_en-US">Credit Facility [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element290" xlink:to="label290" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="element291" />
        <label xlink:type="resource" xlink:label="label291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CreditFacilityDomain_en-US">Credit Facility [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element291" xlink:to="label291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="element292" />
        <label xlink:type="resource" xlink:label="label292" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_en-US">CumulativeEffectOfProspectiveApplicationOfNewAccountingPrinciple</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element292" xlink:to="label292" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="element293" />
        <label xlink:type="resource" xlink:label="label293" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_en-US">ASU 2015-02 transition adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element293" xlink:to="label293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="element294" />
        <label xlink:type="resource" xlink:label="label294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrencySwapMember_en-US">Currency Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element294" xlink:to="label294" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="element295" />
        <label xlink:type="resource" xlink:label="label295" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CurrencySwapMember_en-US">Currency Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element295" xlink:to="label295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="element296" />
        <label xlink:type="resource" xlink:label="label296" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentForeignTaxExpenseBenefit_en-US">Foreign</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element296" xlink:to="label296" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="element297" />
        <label xlink:type="resource" xlink:label="label297" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_en-US">State</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element297" xlink:to="label297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element298" />
        <label xlink:type="resource" xlink:label="label298" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Current income tax expense (benefit), continuing operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element298" xlink:to="label298" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element299" />
        <label xlink:type="resource" xlink:label="label299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Current taxes:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element299" xlink:to="label299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="element300" />
        <label xlink:type="resource" xlink:label="label300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_CurrentFederalTaxExpenseBenefit_en-US">Federal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element300" xlink:to="label300" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="element301" />
        <label xlink:type="resource" xlink:label="label301" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DesignatedAsHedgingInstrumentMember_en-US">Designated As Hedging Instrument [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element301" xlink:to="label301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="element302" />
        <label xlink:type="resource" xlink:label="label302" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentLineItems_en-US">Debt Instrument [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element302" xlink:to="label302" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="element303" />
        <label xlink:type="resource" xlink:label="label303" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCallDateEarliest_en-US">Initial Callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element303" xlink:to="label303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtMember" xlink:label="element304" />
        <label xlink:type="resource" xlink:label="label304" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtMember_en-US">Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element304" xlink:to="label304" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="element305" />
        <label xlink:type="resource" xlink:label="label305" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentRepurchasedFaceAmount_en-US">Debt Instrument Repurchased Face Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element305" xlink:to="label305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="element306" />
        <label xlink:type="resource" xlink:label="label306" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentRepurchasedFaceAmount_en-US">Par value redeemed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element306" xlink:to="label306" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="element307" />
        <label xlink:type="resource" xlink:label="label307" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtSecurityAxis_en-US">Debt Security [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element307" xlink:to="label307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="element308" />
        <label xlink:type="resource" xlink:label="label308" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtDisclosureTextBlock_en-US">Debt Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element308" xlink:to="label308" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="element309" />
        <label xlink:type="resource" xlink:label="label309" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtDisclosureTextBlock_en-US">Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element309" xlink:to="label309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="element310" />
        <label xlink:type="resource" xlink:label="label310" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtWeightedAverageInterestRate_en-US">Weighted average interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element310" xlink:to="label310" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="element311" />
        <label xlink:type="resource" xlink:label="label311" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtDisclosureAbstract_en-US">Debt Disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element311" xlink:to="label311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="element312" />
        <label xlink:type="resource" xlink:label="label312" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtDisclosureAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element312" xlink:to="label312" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="element313" />
        <label xlink:type="resource" xlink:label="label313" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_en-US">Debt instrument, base reference rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element313" xlink:to="label313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="element314" />
        <label xlink:type="resource" xlink:label="label314" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentRepurchaseAmount_en-US">DebtInstrumentRepurchaseAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element314" xlink:to="label314" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="element315" />
        <label xlink:type="resource" xlink:label="label315" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentRepurchaseAmount_en-US">Repurchase of senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element315" xlink:to="label315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="element316" />
        <label xlink:type="resource" xlink:label="label316" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DebtInstrumentRepurchaseAmount_en-US">Repurchase of MTNs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element316" xlink:to="label316" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="element317" />
        <label xlink:type="resource" xlink:label="label317" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentTable_en-US">Schedule of Long-term Debt Instruments [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element317" xlink:to="label317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="element318" />
        <label xlink:type="resource" xlink:label="label318" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentAxis_en-US">Debt Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element318" xlink:to="label318" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element319" />
        <label xlink:type="resource" xlink:label="label319" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCarryingAmount_en-US">Long-term debt, gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element319" xlink:to="label319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element320" />
        <label xlink:type="resource" xlink:label="label320" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DebtInstrumentCarryingAmount_en-US">Total expected principal payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element320" xlink:to="label320" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="element321" />
        <label xlink:type="resource" xlink:label="label321" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentCarryingAmount_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element321" xlink:to="label321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="element322" />
        <label xlink:type="resource" xlink:label="label322" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentCallDateLatest_en-US">Latest callable date before maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element322" xlink:to="label322" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="element323" />
        <label xlink:type="resource" xlink:label="label323" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_en-US">Debt instrument, basis spread on variable rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element323" xlink:to="label323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="element324" />
        <label xlink:type="resource" xlink:label="label324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentNameDomain_en-US">Debt Instrument Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element324" xlink:to="label324" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="element325" />
        <label xlink:type="resource" xlink:label="label325" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateTerms_en-US">Dividend rate on preferred stock determined rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element325" xlink:to="label325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="element326" />
        <label xlink:type="resource" xlink:label="label326" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentInterestRateTerms_en-US">Interest rate terms</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element326" xlink:to="label326" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="element327" />
        <label xlink:type="resource" xlink:label="label327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentUnamortizedDiscount_en-US">Less unamortized discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element327" xlink:to="label327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element328" />
        <label xlink:type="resource" xlink:label="label328" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">Debt Instrument Interest Rate Stated Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element328" xlink:to="label328" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element329" />
        <label xlink:type="resource" xlink:label="label329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">Fixed-to-Floating rate Surplus Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element329" xlink:to="label329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="element330" />
        <label xlink:type="resource" xlink:label="label330" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DebtInstrumentInterestRateStatedPercentage_en-US">Long-term debt, interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element330" xlink:to="label330" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element331" />
        <label xlink:type="resource" xlink:label="label331" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentFairValue_en-US">Debt Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element331" xlink:to="label331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element332" />
        <label xlink:type="resource" xlink:label="label332" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DebtInstrumentFairValue_en-US">Variable interest entity notes, financial instruments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element332" xlink:to="label332" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="element333" />
        <label xlink:type="resource" xlink:label="label333" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DebtInstrumentFairValue_en-US">Net fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element333" xlink:to="label333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="element334" />
        <label xlink:type="resource" xlink:label="label334" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtInstrumentMaturityDate_en-US">Long-term debt, maturity date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element334" xlink:to="label334" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="element335" />
        <label xlink:type="resource" xlink:label="label335" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_en-US">Commitment fees</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element335" xlink:to="label335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtPolicyTextBlock" xlink:label="element336" />
        <label xlink:type="resource" xlink:label="label336" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DebtPolicyTextBlock_en-US">Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element336" xlink:to="label336" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="element337" />
        <label xlink:type="resource" xlink:label="label337" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_en-US">Postretirement Benefits, Type of Deferred Compensation [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element337" xlink:to="label337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestments" xlink:label="element338" />
        <label xlink:type="resource" xlink:label="label338" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesInvestments_en-US">DeferredTaxLiabilitiesInvestments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element338" xlink:to="label338" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestments" xlink:label="element339" />
        <label xlink:type="resource" xlink:label="label339" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesInvestments_en-US">Partnership basis difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element339" xlink:to="label339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="element340" />
        <label xlink:type="resource" xlink:label="label340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_en-US">Federal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element340" xlink:to="label340" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="element341" />
        <label xlink:type="resource" xlink:label="label341" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_en-US">Deferred Federal Income Tax Expense (Benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element341" xlink:to="label341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="element342" />
        <label xlink:type="resource" xlink:label="label342" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_en-US">Foreign</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element342" xlink:to="label342" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="element343" />
        <label xlink:type="resource" xlink:label="label343" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_en-US">DeferredForeignIncomeTaxExpenseBenefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element343" xlink:to="label343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="element344" />
        <label xlink:type="resource" xlink:label="label344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxExpenseBenefit_en-US">Deferred Income Tax Expense Benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element344" xlink:to="label344" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="element345" />
        <label xlink:type="resource" xlink:label="label345" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredIncomeTaxExpenseBenefit_en-US">Deferred income tax provision (benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element345" xlink:to="label345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="element346" />
        <label xlink:type="resource" xlink:label="label346" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredRevenueArrangementTypeDomain_en-US">Deferred Revenue Arrangement Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element346" xlink:to="label346" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element347" />
        <label xlink:type="resource" xlink:label="label347" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Deferred taxes:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element347" xlink:to="label347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element348" />
        <label xlink:type="resource" xlink:label="label348" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element348" xlink:to="label348" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="element349" />
        <label xlink:type="resource" xlink:label="label349" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredRevenueArrangementTypeAxis_en-US">Deferred Revenue Arrangement Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element349" xlink:to="label349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="element350" />
        <label xlink:type="resource" xlink:label="label350" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredIncomeTaxLiabilities_en-US">DeferredIncomeTaxLiabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element350" xlink:to="label350" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="element351" />
        <label xlink:type="resource" xlink:label="label351" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredIncomeTaxLiabilities_en-US">Total gross deferred tax liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element351" xlink:to="label351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="element352" />
        <label xlink:type="resource" xlink:label="label352" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_en-US">Deferred Policy Acquisition Cost Amortization Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element352" xlink:to="label352" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="element353" />
        <label xlink:type="resource" xlink:label="label353" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_en-US">Amortization of deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element353" xlink:to="label353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="element354" />
        <label xlink:type="resource" xlink:label="label354" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredPolicyAcquisitionCosts_en-US">Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element354" xlink:to="label354" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="element355" />
        <label xlink:type="resource" xlink:label="label355" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element355" xlink:to="label355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="element356" />
        <label xlink:type="resource" xlink:label="label356" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_en-US">Deferred Tax Assets Capital Loss Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element356" xlink:to="label356" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="element357" />
        <label xlink:type="resource" xlink:label="label357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_en-US">Capital loss carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element357" xlink:to="label357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element358" />
        <label xlink:type="resource" xlink:label="label358" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsNet_en-US">Deferred Tax Assets Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element358" xlink:to="label358" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element359" />
        <label xlink:type="resource" xlink:label="label359" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsNet_en-US">Deferred income taxes, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element359" xlink:to="label359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="element360" />
        <label xlink:type="resource" xlink:label="label360" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DeferredTaxAssetsNet_en-US">Net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element360" xlink:to="label360" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="element361" />
        <label xlink:type="resource" xlink:label="label361" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsGross_en-US">Total gross deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element361" xlink:to="label361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="element362" />
        <label xlink:type="resource" xlink:label="label362" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredTaxAssetsGross_en-US">Total gross deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element362" xlink:to="label362" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element363" />
        <label xlink:type="resource" xlink:label="label363" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Deferred Tax Assets Liabilities Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element363" xlink:to="label363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element364" />
        <label xlink:type="resource" xlink:label="label364" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element364" xlink:to="label364" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="element365" />
        <label xlink:type="resource" xlink:label="label365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsLiabilitiesNet_en-US">Deferred income taxes, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element365" xlink:to="label365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="element366" />
        <label xlink:type="resource" xlink:label="label366" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsGrossAbstract_en-US">Deferred tax assets [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element366" xlink:to="label366" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="element367" />
        <label xlink:type="resource" xlink:label="label367" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_en-US">State</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element367" xlink:to="label367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="element368" />
        <label xlink:type="resource" xlink:label="label368" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_en-US">Deferred State and Local Income Tax Expense (Benefit)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element368" xlink:to="label368" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="element369" />
        <label xlink:type="resource" xlink:label="label369" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsDerivativeInstruments_en-US">Net losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element369" xlink:to="label369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="element370" />
        <label xlink:type="resource" xlink:label="label370" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_en-US">Deferred Tax Assets Loss Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element370" xlink:to="label370" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="element371" />
        <label xlink:type="resource" xlink:label="label371" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element371" xlink:to="label371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="element372" />
        <label xlink:type="resource" xlink:label="label372" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_en-US">Compensation and employee benefits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element372" xlink:to="label372" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="element373" />
        <label xlink:type="resource" xlink:label="label373" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_en-US">Deferred Tax Assets Tax Credit Carryforwards Foreign</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element373" xlink:to="label373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="element374" />
        <label xlink:type="resource" xlink:label="label374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_en-US">Foreign tax credit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element374" xlink:to="label374" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="element375" />
        <label xlink:type="resource" xlink:label="label375" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_en-US">Alternative minimum tax credit carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element375" xlink:to="label375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="element376" />
        <label xlink:type="resource" xlink:label="label376" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsOther_en-US">Deferred tax assets, other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element376" xlink:to="label376" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="element377" />
        <label xlink:type="resource" xlink:label="label377" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element377" xlink:to="label377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="element378" />
        <label xlink:type="resource" xlink:label="label378" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_en-US">Deferred Tax Assets Tax Credit Carryforwards Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element378" xlink:to="label378" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="element379" />
        <label xlink:type="resource" xlink:label="label379" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_en-US">Alternative minimum tax credit carryforward - Other assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element379" xlink:to="label379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="element380" />
        <label xlink:type="resource" xlink:label="label380" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_en-US">DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element380" xlink:to="label380" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="element381" />
        <label xlink:type="resource" xlink:label="label381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_en-US">Accrued interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element381" xlink:to="label381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="element382" />
        <label xlink:type="resource" xlink:label="label382" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_en-US">Net unrealized losses in accumulated other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element382" xlink:to="label382" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="element383" />
        <label xlink:type="resource" xlink:label="label383" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element383" xlink:to="label383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="element384" />
        <label xlink:type="resource" xlink:label="label384" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_en-US">DeferredTaxLiabilitiesUndistributedForeignEarnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element384" xlink:to="label384" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="element385" />
        <label xlink:type="resource" xlink:label="label385" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_en-US">Basis difference in foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element385" xlink:to="label385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element386" />
        <label xlink:type="resource" xlink:label="label386" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilities_en-US">DeferredTaxLiabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element386" xlink:to="label386" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element387" />
        <label xlink:type="resource" xlink:label="label387" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilities_en-US">Gross deferred tax liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element387" xlink:to="label387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="element388" />
        <label xlink:type="resource" xlink:label="label388" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DeferredTaxLiabilities_en-US">Non U.S. deferred tax liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element388" xlink:to="label388" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="element389" />
        <label xlink:type="resource" xlink:label="label389" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_en-US">Deferred Tax Liabilities Investment In Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element389" xlink:to="label389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="element390" />
        <label xlink:type="resource" xlink:label="label390" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_en-US">Investments in VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element390" xlink:to="label390" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="element391" />
        <label xlink:type="resource" xlink:label="label391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesAbstract_en-US">Deferred tax liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element391" xlink:to="label391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="element392" />
        <label xlink:type="resource" xlink:label="label392" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesOther_en-US">Deferred tax liabilities, other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element392" xlink:to="label392" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="element393" />
        <label xlink:type="resource" xlink:label="label393" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element393" xlink:to="label393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="element394" />
        <label xlink:type="resource" xlink:label="label394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_en-US">Net unrealized gains in accumulated other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element394" xlink:to="label394" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="element395" />
        <label xlink:type="resource" xlink:label="label395" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_en-US">Accumulated other comprehensive income (loss), taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element395" xlink:to="label395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDerivatives" xlink:label="element396" />
        <label xlink:type="resource" xlink:label="label396" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxLiabilitiesDerivatives_en-US">DeferredTaxLiabilitiesDerivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element396" xlink:to="label396" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDerivatives" xlink:label="element397" />
        <label xlink:type="resource" xlink:label="label397" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxLiabilitiesDerivatives_en-US">Net gains on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element397" xlink:to="label397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="element398" />
        <label xlink:type="resource" xlink:label="label398" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeferredTaxAssetsValuationAllowance_en-US">Valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element398" xlink:to="label398" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="element399" />
        <label xlink:type="resource" xlink:label="label399" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeferredTaxAssetsValuationAllowance_en-US">Valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element399" xlink:to="label399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="element400" />
        <label xlink:type="resource" xlink:label="label400" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DeferredTaxAssetsValuationAllowance_en-US">Valuation allowance on net deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element400" xlink:to="label400" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="element401" />
        <label xlink:type="resource" xlink:label="label401" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_en-US">Contribution percentage of eligible employees compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element401" xlink:to="label401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="element402" />
        <label xlink:type="resource" xlink:label="label402" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_en-US">Contributions percentage of employer match</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element402" xlink:to="label402" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="element403" />
        <label xlink:type="resource" xlink:label="label403" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DefinedBenefitPlanDisclosureLineItems_en-US">Defined Benefit Plan Disclosure [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element403" xlink:to="label403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="element404" />
        <label xlink:type="resource" xlink:label="label404" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentRiskAxis_en-US">Derivative Instrument Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element404" xlink:to="label404" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="element405" />
        <label xlink:type="resource" xlink:label="label405" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentRiskAxis_en-US">Derivative Instrument Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element405" xlink:to="label405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="element406" />
        <label xlink:type="resource" xlink:label="label406" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_en-US">Derivative Instruments And Hedging Activities Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element406" xlink:to="label406" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="element407" />
        <label xlink:type="resource" xlink:label="label407" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_en-US">Derivative Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element407" xlink:to="label407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="element408" />
        <label xlink:type="resource" xlink:label="label408" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeLineItems_en-US">Derivative [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element408" xlink:to="label408" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="element409" />
        <label xlink:type="resource" xlink:label="label409" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeLineItems_en-US">Derivative [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element409" xlink:to="label409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="element410" />
        <label xlink:type="resource" xlink:label="label410" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeCollateralRightToReclaimCash_en-US">Derivative Collateral Right To Reclaim Cash</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element410" xlink:to="label410" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="element411" />
        <label xlink:type="resource" xlink:label="label411" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeCollateralRightToReclaimCash_en-US">Cash collateral posted to derivative counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element411" xlink:to="label411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="element412" />
        <label xlink:type="resource" xlink:label="label412" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeAssetsNoncurrent_en-US">DerivativeAssetsNoncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element412" xlink:to="label412" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="element413" />
        <label xlink:type="resource" xlink:label="label413" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeAssetsNoncurrent_en-US">Derivative assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element413" xlink:to="label413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="element414" />
        <label xlink:type="resource" xlink:label="label414" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeTable_en-US">Derivative [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element414" xlink:to="label414" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="element415" />
        <label xlink:type="resource" xlink:label="label415" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeTable_en-US">Derivative [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element415" xlink:to="label415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="element416" />
        <label xlink:type="resource" xlink:label="label416" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeCollateralRightToReclaimSecurities_en-US">DerivativeCollateralRightToReclaimSecurities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element416" xlink:to="label416" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="element417" />
        <label xlink:type="resource" xlink:label="label417" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeCollateralRightToReclaimSecurities_en-US">Securities posted as collateral to derivative counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element417" xlink:to="label417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="element418" />
        <label xlink:type="resource" xlink:label="label418" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_en-US">Derivative Assets Liabilities At Fair Value Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element418" xlink:to="label418" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="element419" />
        <label xlink:type="resource" xlink:label="label419" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_en-US">Net insured derivative liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element419" xlink:to="label419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeRemainingMaturity1" xlink:label="element420" />
        <label xlink:type="resource" xlink:label="label420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeRemainingMaturity1_en-US">Guarantees of derivative contracts, maturity range, maximum (Years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element420" xlink:to="label420" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="element421" />
        <label xlink:type="resource" xlink:label="label421" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeLiabilities_en-US">Derivative Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element421" xlink:to="label421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="element422" />
        <label xlink:type="resource" xlink:label="label422" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeLiabilities_en-US">Derivative liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element422" xlink:to="label422" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="element423" />
        <label xlink:type="resource" xlink:label="label423" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeGainLossOnDerivativeNet_en-US">DerivativeGainLossOnDerivativeNet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element423" xlink:to="label423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="element424" />
        <label xlink:type="resource" xlink:label="label424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeGainLossOnDerivativeNet_en-US">Net gain/(loss) recognized in income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element424" xlink:to="label424" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element425" />
        <label xlink:type="resource" xlink:label="label425" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative Fair Value Of Derivative Asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element425" xlink:to="label425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element426" />
        <label xlink:type="resource" xlink:label="label426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative assets, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element426" xlink:to="label426" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element427" />
        <label xlink:type="resource" xlink:label="label427" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Embedded derivative assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element427" xlink:to="label427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="element428" />
        <label xlink:type="resource" xlink:label="label428" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_DerivativeFairValueOfDerivativeAsset_en-US">Derivative assets, Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element428" xlink:to="label428" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element429" />
        <label xlink:type="resource" xlink:label="label429" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Derivative Fair Value Of Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element429" xlink:to="label429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element430" />
        <label xlink:type="resource" xlink:label="label430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Total derivative liability before counter party netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element430" xlink:to="label430" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element431" />
        <label xlink:type="resource" xlink:label="label431" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Derivative liabilities, Total derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element431" xlink:to="label431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="element432" />
        <label xlink:type="resource" xlink:label="label432" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DerivativeFairValueOfDerivativeLiability_en-US">Embedded derivative liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element432" xlink:to="label432" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="element433" />
        <label xlink:type="resource" xlink:label="label433" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeContractTypeDomain_en-US">Derivative Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element433" xlink:to="label433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="element434" />
        <label xlink:type="resource" xlink:label="label434" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeContractTypeDomain_en-US">Derivative Contract Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element434" xlink:to="label434" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="element435" />
        <label xlink:type="resource" xlink:label="label435" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_en-US">Derivative Instruments Gain Loss By Hedging Relationship [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element435" xlink:to="label435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="element436" />
        <label xlink:type="resource" xlink:label="label436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_en-US">Hedging Relationship [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element436" xlink:to="label436" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="element437" />
        <label xlink:type="resource" xlink:label="label437" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativesPolicyTextBlock_en-US">Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element437" xlink:to="label437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:label="element438" />
        <label xlink:type="resource" xlink:label="label438" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_en-US">Offsetting of Fair Value Amounts Related to Derivative Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element438" xlink:to="label438" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted" xlink:label="element439" />
        <label xlink:type="resource" xlink:label="label439" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_en-US">New Accounting Pronouncements Not Yet Adopted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element439" xlink:to="label439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="element440" />
        <label xlink:type="resource" xlink:label="label440" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DirectPremiumsWritten_en-US">Direct Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element440" xlink:to="label440" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="element441" />
        <label xlink:type="resource" xlink:label="label441" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DirectPremiumsEarned_en-US">Direct</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element441" xlink:to="label441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="element442" />
        <label xlink:type="resource" xlink:label="label442" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_en-US">Long-Term Incentive Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element442" xlink:to="label442" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="element443" />
        <label xlink:type="resource" xlink:label="label443" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCreditDerivativesTextBlock_en-US">Disclosure Of Credit Derivatives [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element443" xlink:to="label443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="element444" />
        <label xlink:type="resource" xlink:label="label444" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DisclosureOfCreditDerivativesTextBlock_en-US">Credit Derivatives Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element444" xlink:to="label444" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="element445" />
        <label xlink:type="resource" xlink:label="label445" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_en-US">Long-Term Incentive Plans [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element445" xlink:to="label445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="element446" />
        <label xlink:type="resource" xlink:label="label446" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_en-US">Fair Value Hedge Effectiveness Assessment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element446" xlink:to="label446" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalDate1" xlink:label="element447" />
        <label xlink:type="resource" xlink:label="label447" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisposalDate1_en-US">DisposalDate1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element447" xlink:to="label447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalDate1" xlink:label="element448" />
        <label xlink:type="resource" xlink:label="label448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DisposalDate1_en-US">Sale effective date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element448" xlink:to="label448" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalDate1" xlink:label="element449" />
        <label xlink:type="resource" xlink:label="label449" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_DisposalDate1_en-US">MBIA UK sale effective date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element449" xlink:to="label449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="element450" />
        <label xlink:type="resource" xlink:label="label450" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_en-US">Assets Held For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element450" xlink:to="label450" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="element451" />
        <label xlink:type="resource" xlink:label="label451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_en-US">Facilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element451" xlink:to="label451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="element452" />
        <label xlink:type="resource" xlink:label="label452" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingByGroupingDomain_en-US">External Credit Rating By Grouping [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element452" xlink:to="label452" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="element453" />
        <label xlink:type="resource" xlink:label="label453" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ExternalCreditRatingByGroupingAxis_en-US">External Credit Rating By Grouping [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element453" xlink:to="label453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="element454" />
        <label xlink:type="resource" xlink:label="label454" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareBasicAbstract_en-US">Basic earnings per share: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element454" xlink:to="label454" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="element455" />
        <label xlink:type="resource" xlink:label="label455" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareDilutedAbstract_en-US">Diluted earnings per share: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element455" xlink:to="label455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="element456" />
        <label xlink:type="resource" xlink:label="label456" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareBasic_en-US">Earnings Per Share Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element456" xlink:to="label456" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="element457" />
        <label xlink:type="resource" xlink:label="label457" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareBasic_en-US">Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element457" xlink:to="label457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="element458" />
        <label xlink:type="resource" xlink:label="label458" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareDiluted_en-US">Earnings Per Share Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element458" xlink:to="label458" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="element459" />
        <label xlink:type="resource" xlink:label="label459" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareDiluted_en-US">Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element459" xlink:to="label459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="element460" />
        <label xlink:type="resource" xlink:label="label460" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareTextBlock_en-US">Earnings Per Share [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element460" xlink:to="label460" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="element461" />
        <label xlink:type="resource" xlink:label="label461" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareTextBlock_en-US">Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element461" xlink:to="label461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="element462" />
        <label xlink:type="resource" xlink:label="label462" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EarningsPerShareAbstract_en-US">Earnings Per Share [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element462" xlink:to="label462" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="element463" />
        <label xlink:type="resource" xlink:label="label463" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EarningsPerShareAbstract_en-US">Net income (loss) per common share:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element463" xlink:to="label463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="element464" />
        <label xlink:type="resource" xlink:label="label464" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_en-US">EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element464" xlink:to="label464" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="element465" />
        <label xlink:type="resource" xlink:label="label465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_en-US">Effect of exchange rate changes on cash and cash equivalents</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element465" xlink:to="label465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="element466" />
        <label xlink:type="resource" xlink:label="label466" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_en-US">Federal income tax computed at the statutory rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element466" xlink:to="label466" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="element467" />
        <label xlink:type="resource" xlink:label="label467" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_en-US">Federal statutory rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element467" xlink:to="label467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="element468" />
        <label xlink:type="resource" xlink:label="label468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_en-US">Effective income tax rate continuing operations tax rate reconciliation [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element468" xlink:to="label468" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="element469" />
        <label xlink:type="resource" xlink:label="label469" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_en-US">EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element469" xlink:to="label469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="element470" />
        <label xlink:type="resource" xlink:label="label470" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_en-US">Tax reform/change in tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element470" xlink:to="label470" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="element471" />
        <label xlink:type="resource" xlink:label="label471" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_en-US">Out-of-period adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element471" xlink:to="label471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="element472" />
        <label xlink:type="resource" xlink:label="label472" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_en-US">State income tax, net of federal benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element472" xlink:to="label472" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="element473" />
        <label xlink:type="resource" xlink:label="label473" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_en-US">Tax-exempt interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element473" xlink:to="label473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="element474" />
        <label xlink:type="resource" xlink:label="label474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_en-US">Effective Income Tax Rate Reconciliation Tax Contingencies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element474" xlink:to="label474" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="element475" />
        <label xlink:type="resource" xlink:label="label475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element475" xlink:to="label475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="element476" />
        <label xlink:type="resource" xlink:label="label476" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_en-US">EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element476" xlink:to="label476" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="element477" />
        <label xlink:type="resource" xlink:label="label477" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_en-US">Non deductible compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element477" xlink:to="label477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="element478" />
        <label xlink:type="resource" xlink:label="label478" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element478" xlink:to="label478" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="element479" />
        <label xlink:type="resource" xlink:label="label479" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_en-US">Basis difference in foreign subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element479" xlink:to="label479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="element480" />
        <label xlink:type="resource" xlink:label="label480" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_en-US">Change in valuation allowance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element480" xlink:to="label480" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="element481" />
        <label xlink:type="resource" xlink:label="label481" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateContinuingOperations_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element481" xlink:to="label481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="element482" />
        <label xlink:type="resource" xlink:label="label482" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_EffectiveIncomeTaxRateContinuingOperations_en-US">Effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element482" xlink:to="label482" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="element483" />
        <label xlink:type="resource" xlink:label="label483" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_en-US">Foreign taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element483" xlink:to="label483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="element484" />
        <label xlink:type="resource" xlink:label="label484" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_en-US">Expected to be recognized as expense over a weighted average period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element484" xlink:to="label484" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="element485" />
        <label xlink:type="resource" xlink:label="label485" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeStockOptionMember_en-US">Employee Stock Option [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element485" xlink:to="label485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="element486" />
        <label xlink:type="resource" xlink:label="label486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_en-US">Tax benefit related to share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element486" xlink:to="label486" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="element487" />
        <label xlink:type="resource" xlink:label="label487" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_en-US">Unrecognized compensation cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element487" xlink:to="label487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="element488" />
        <label xlink:type="resource" xlink:label="label488" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EquityComponentDomain_en-US">Equity Component [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element488" xlink:to="label488" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="element489" />
        <label xlink:type="resource" xlink:label="label489" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EquityComponentDomain_en-US">Equity Component [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element489" xlink:to="label489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="element490" />
        <label xlink:type="resource" xlink:label="label490" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EquitySecuritiesMember_en-US">Equity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element490" xlink:to="label490" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="element491" />
        <label xlink:type="resource" xlink:label="label491" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EstimateOfFairValueFairValueDisclosureMember_en-US">Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element491" xlink:to="label491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element492" />
        <label xlink:type="resource" xlink:label="label492" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_EstimatedInsuranceRecoveries_en-US">Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element492" xlink:to="label492" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element493" />
        <label xlink:type="resource" xlink:label="label493" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_EstimatedInsuranceRecoveries_en-US">Total Estimated Recoveries from Ineligible Loans Ending Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element493" xlink:to="label493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element494" />
        <label xlink:type="resource" xlink:label="label494" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_EstimatedInsuranceRecoveries_en-US">Total Estimated Recoveries from Ineligible Loans Beginning Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element494" xlink:to="label494" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element495" />
        <label xlink:type="resource" xlink:label="label495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_EstimatedInsuranceRecoveries_en-US">Insurance claim loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element495" xlink:to="label495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element496" />
        <label xlink:type="resource" xlink:label="label496" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_EstimatedInsuranceRecoveries_en-US">Insurance claim loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element496" xlink:to="label496" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="element497" />
        <label xlink:type="resource" xlink:label="label497" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_EstimatedInsuranceRecoveries_en-US">Total excess spread recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element497" xlink:to="label497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="element498" />
        <label xlink:type="resource" xlink:label="label498" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_en-US">FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element498" xlink:to="label498" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="element499" />
        <label xlink:type="resource" xlink:label="label499" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element499" xlink:to="label499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="element500" />
        <label xlink:type="resource" xlink:label="label500" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_en-US">Fair Value Measurements - Definition and Hierarchy</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element500" xlink:to="label500" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element501" />
        <label xlink:type="resource" xlink:label="label501" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings 1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element501" xlink:to="label501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element502" />
        <label xlink:type="resource" xlink:label="label502" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Realized Gains / (Losses), Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element502" xlink:to="label502" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="element503" />
        <label xlink:type="resource" xlink:label="label503" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_en-US">Realized gains/(losses), assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element503" xlink:to="label503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element504" />
        <label xlink:type="resource" xlink:label="label504" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element504" xlink:to="label504" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element505" />
        <label xlink:type="resource" xlink:label="label505" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Unrealized gains/(losses included in earnings, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element505" xlink:to="label505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element506" />
        <label xlink:type="resource" xlink:label="label506" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element506" xlink:to="label506" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element507" />
        <label xlink:type="resource" xlink:label="label507" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Unrealized Gains / (Losses) Included in OCI, Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element507" xlink:to="label507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="element508" />
        <label xlink:type="resource" xlink:label="label508" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_en-US">Unrealized gains/(losses) included in OCI, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element508" xlink:to="label508" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="element509" />
        <label xlink:type="resource" xlink:label="label509" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAdjustmentOfWarrants_en-US">Less: mark-to-market gain (loss) on warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element509" xlink:to="label509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="element510" />
        <label xlink:type="resource" xlink:label="label510" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByLiabilityClassAxis_en-US">Fair Value By Liability Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element510" xlink:to="label510" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="element511" />
        <label xlink:type="resource" xlink:label="label511" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueByLiabilityClassAxis_en-US">Liability Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element511" xlink:to="label511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="element512" />
        <label xlink:type="resource" xlink:label="label512" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByFairValueHierarchyLevelAxis_en-US">Fair Value By Fair Value Hierarchy Level [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element512" xlink:to="label512" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="element513" />
        <label xlink:type="resource" xlink:label="label513" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueByFairValueHierarchyLevelAxis_en-US">Fair Value, Hierarchy [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element513" xlink:to="label513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element514" />
        <label xlink:type="resource" xlink:label="label514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Realized Gains / (Losses), Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element514" xlink:to="label514" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element515" />
        <label xlink:type="resource" xlink:label="label515" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Unrealized gains/(losses) included in earnings, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element515" xlink:to="label515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="element516" />
        <label xlink:type="resource" xlink:label="label516" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_en-US">Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element516" xlink:to="label516" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="element517" />
        <label xlink:type="resource" xlink:label="label517" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueByMeasurementBasisAxis_en-US">Fair Value By Measurement Basis [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element517" xlink:to="label517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="element518" />
        <label xlink:type="resource" xlink:label="label518" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_en-US">Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element518" xlink:to="label518" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="element519" />
        <label xlink:type="resource" xlink:label="label519" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_en-US">FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element519" xlink:to="label519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="element520" />
        <label xlink:type="resource" xlink:label="label520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_en-US">Purchases, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element520" xlink:to="label520" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="element521" />
        <label xlink:type="resource" xlink:label="label521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element521" xlink:to="label521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="element522" />
        <label xlink:type="resource" xlink:label="label522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element522" xlink:to="label522" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="element523" />
        <label xlink:type="resource" xlink:label="label523" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element523" xlink:to="label523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="element524" />
        <label xlink:type="resource" xlink:label="label524" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_en-US">Issuances, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element524" xlink:to="label524" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="element525" />
        <label xlink:type="resource" xlink:label="label525" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element525" xlink:to="label525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="element526" />
        <label xlink:type="resource" xlink:label="label526" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element526" xlink:to="label526" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="element527" />
        <label xlink:type="resource" xlink:label="label527" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_en-US">Transfers out of Level 3, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element527" xlink:to="label527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="element528" />
        <label xlink:type="resource" xlink:label="label528" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element528" xlink:to="label528" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="element529" />
        <label xlink:type="resource" xlink:label="label529" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_en-US">Issuances, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element529" xlink:to="label529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="element530" />
        <label xlink:type="resource" xlink:label="label530" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element530" xlink:to="label530" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="element531" />
        <label xlink:type="resource" xlink:label="label531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element531" xlink:to="label531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element532" />
        <label xlink:type="resource" xlink:label="label532" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element532" xlink:to="label532" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element533" />
        <label xlink:type="resource" xlink:label="label533" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Ending balance, fair value liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element533" xlink:to="label533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element534" />
        <label xlink:type="resource" xlink:label="label534" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Beginning balance, fair value liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element534" xlink:to="label534" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="element535" />
        <label xlink:type="resource" xlink:label="label535" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_en-US">Fair value, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element535" xlink:to="label535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="element536" />
        <label xlink:type="resource" xlink:label="label536" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_en-US">Fair Value Measurements Fair Value Hierarchy [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element536" xlink:to="label536" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="element537" />
        <label xlink:type="resource" xlink:label="label537" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_en-US">Fair Value, Measurements, Fair Value Hierarchy [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element537" xlink:to="label537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="element538" />
        <label xlink:type="resource" xlink:label="label538" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element538" xlink:to="label538" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="element539" />
        <label xlink:type="resource" xlink:label="label539" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_en-US">Transfers into level 3, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element539" xlink:to="label539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="element540" />
        <label xlink:type="resource" xlink:label="label540" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element540" xlink:to="label540" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="element541" />
        <label xlink:type="resource" xlink:label="label541" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_en-US">Transfers out of level 3, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element541" xlink:to="label541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="element542" />
        <label xlink:type="resource" xlink:label="label542" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element542" xlink:to="label542" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="element543" />
        <label xlink:type="resource" xlink:label="label543" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_en-US">Settlements, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element543" xlink:to="label543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="element544" />
        <label xlink:type="resource" xlink:label="label544" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element544" xlink:to="label544" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="element545" />
        <label xlink:type="resource" xlink:label="label545" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_en-US">Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element545" xlink:to="label545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="element546" />
        <label xlink:type="resource" xlink:label="label546" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element546" xlink:to="label546" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="element547" />
        <label xlink:type="resource" xlink:label="label547" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_en-US">Sales, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element547" xlink:to="label547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="element548" />
        <label xlink:type="resource" xlink:label="label548" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element548" xlink:to="label548" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="element549" />
        <label xlink:type="resource" xlink:label="label549" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_en-US">Transfers into Level 3, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element549" xlink:to="label549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="element550" />
        <label xlink:type="resource" xlink:label="label550" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_en-US">Settlements, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element550" xlink:to="label550" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="element551" />
        <label xlink:type="resource" xlink:label="label551" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element551" xlink:to="label551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="element552" />
        <label xlink:type="resource" xlink:label="label552" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueDisclosuresTextBlock_en-US">Fair Value Disclosures [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element552" xlink:to="label552" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="element553" />
        <label xlink:type="resource" xlink:label="label553" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueDisclosuresTextBlock_en-US">Fair Value Measurement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element553" xlink:to="label553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="element554" />
        <label xlink:type="resource" xlink:label="label554" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_en-US">Fair Value Liabilities Measured On Recurring Basis Unobservable Input Reconciliation By Liability Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element554" xlink:to="label554" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="element555" />
        <label xlink:type="resource" xlink:label="label555" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_en-US">Fair Value by Liability Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element555" xlink:to="label555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="element556" />
        <label xlink:type="resource" xlink:label="label556" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element556" xlink:to="label556" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="element557" />
        <label xlink:type="resource" xlink:label="label557" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_en-US">Sales, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element557" xlink:to="label557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="element558" />
        <label xlink:type="resource" xlink:label="label558" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_en-US">Purchases, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element558" xlink:to="label558" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="element559" />
        <label xlink:type="resource" xlink:label="label559" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element559" xlink:to="label559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="element560" />
        <label xlink:type="resource" xlink:label="label560" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_en-US">Fair Value Option Loans Held As Assets 90 Days Or More Past Due Aggregate Difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element560" xlink:to="label560" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="element561" />
        <label xlink:type="resource" xlink:label="label561" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_en-US">Loans receivable, 90 days or more past due, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element561" xlink:to="label561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="element562" />
        <label xlink:type="resource" xlink:label="label562" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring Basis Gain Loss Included In Earnings [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element562" xlink:to="label562" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="element563" />
        <label xlink:type="resource" xlink:label="label563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_en-US">Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element563" xlink:to="label563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="element564" />
        <label xlink:type="resource" xlink:label="label564" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_en-US">Fair Value Concentration Of Risk Disclosure Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element564" xlink:to="label564" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="element565" />
        <label xlink:type="resource" xlink:label="label565" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_en-US">Fair Value, Concentration of Risk, Disclosure Items [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element565" xlink:to="label565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="element566" />
        <label xlink:type="resource" xlink:label="label566" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_en-US">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element566" xlink:to="label566" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="element567" />
        <label xlink:type="resource" xlink:label="label567" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element567" xlink:to="label567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="element568" />
        <label xlink:type="resource" xlink:label="label568" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_en-US">Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element568" xlink:to="label568" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="element569" />
        <label xlink:type="resource" xlink:label="label569" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_en-US">Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element569" xlink:to="label569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element570" />
        <label xlink:type="resource" xlink:label="label570" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element570" xlink:to="label570" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element571" />
        <label xlink:type="resource" xlink:label="label571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Changes In Level 3 Assets Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element571" xlink:to="label571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="element572" />
        <label xlink:type="resource" xlink:label="label572" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_en-US">Fair Value Concentration Of Risk Disclosure Items [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element572" xlink:to="label572" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="element573" />
        <label xlink:type="resource" xlink:label="label573" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_en-US">Concentration of Credit or Market Risk [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element573" xlink:to="label573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="element574" />
        <label xlink:type="resource" xlink:label="label574" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel3Member_en-US">Fair Value Inputs Level 3 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element574" xlink:to="label574" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="element575" />
        <label xlink:type="resource" xlink:label="label575" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel3Member_en-US">Significant Unobservable Inputs (Level 3) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element575" xlink:to="label575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="element576" />
        <label xlink:type="resource" xlink:label="label576" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel1Member_en-US">Fair Value Inputs Level 1 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element576" xlink:to="label576" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="element577" />
        <label xlink:type="resource" xlink:label="label577" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel1Member_en-US">Quoted Prices In Active Markets for Identical Assets (Level 1) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element577" xlink:to="label577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="element578" />
        <label xlink:type="resource" xlink:label="label578" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueInputsLevel2Member_en-US">Fair Value Inputs Level 2 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element578" xlink:to="label578" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="element579" />
        <label xlink:type="resource" xlink:label="label579" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueInputsLevel2Member_en-US">Significant Other Observable Inputs (Level 2) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element579" xlink:to="label579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="element580" />
        <label xlink:type="resource" xlink:label="label580" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_en-US">Fair Value Option Aggregate Differences Loans And Long Term Receivables</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element580" xlink:to="label580" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="element581" />
        <label xlink:type="resource" xlink:label="label581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_en-US">Loans receivable, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element581" xlink:to="label581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element582" />
        <label xlink:type="resource" xlink:label="label582" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element582" xlink:to="label582" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element583" />
        <label xlink:type="resource" xlink:label="label583" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Ending balance, fair value assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element583" xlink:to="label583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element584" />
        <label xlink:type="resource" xlink:label="label584" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Beginning balance, fair value assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element584" xlink:to="label584" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="element585" />
        <label xlink:type="resource" xlink:label="label585" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_en-US">Fair Value, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element585" xlink:to="label585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="element586" />
        <label xlink:type="resource" xlink:label="label586" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_en-US">Fair Value Measurement Inputs Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element586" xlink:to="label586" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="element587" />
        <label xlink:type="resource" xlink:label="label587" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_en-US">OLD Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element587" xlink:to="label587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="element588" />
        <label xlink:type="resource" xlink:label="label588" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_en-US">Fair Value Option Aggregate Differences Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element588" xlink:to="label588" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="element589" />
        <label xlink:type="resource" xlink:label="label589" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_en-US">Variable interest entity notes, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element589" xlink:to="label589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="element590" />
        <label xlink:type="resource" xlink:label="label590" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element590" xlink:to="label590" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="element591" />
        <label xlink:type="resource" xlink:label="label591" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_en-US">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element591" xlink:to="label591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="element592" />
        <label xlink:type="resource" xlink:label="label592" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_en-US">Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element592" xlink:to="label592" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="element593" />
        <label xlink:type="resource" xlink:label="label593" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_en-US">Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element593" xlink:to="label593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element594" />
        <label xlink:type="resource" xlink:label="label594" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element594" xlink:to="label594" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element595" />
        <label xlink:type="resource" xlink:label="label595" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Changes In Level 3 Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element595" xlink:to="label595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="element596" />
        <label xlink:type="resource" xlink:label="label596" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element596" xlink:to="label596" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="element597" />
        <label xlink:type="resource" xlink:label="label597" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_en-US">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element597" xlink:to="label597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="element598" />
        <label xlink:type="resource" xlink:label="label598" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element598" xlink:to="label598" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="element599" />
        <label xlink:type="resource" xlink:label="label599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_en-US">Realized gains/(losses), liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element599" xlink:to="label599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="element600" />
        <label xlink:type="resource" xlink:label="label600" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element600" xlink:to="label600" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="element601" />
        <label xlink:type="resource" xlink:label="label601" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_en-US">Unrealized gains/(losses) included in OCI, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element601" xlink:to="label601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="element602" />
        <label xlink:type="resource" xlink:label="label602" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_en-US">FairValueOptionQuantitativeDisclosuresTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element602" xlink:to="label602" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="element603" />
        <label xlink:type="resource" xlink:label="label603" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_en-US">Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element603" xlink:to="label603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="element604" />
        <label xlink:type="resource" xlink:label="label604" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_en-US">Fair Value Option Loans Held As Assets Aggregate Amount In Nonaccrual Status</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element604" xlink:to="label604" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="element605" />
        <label xlink:type="resource" xlink:label="label605" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_en-US">Loans receivable, 90 days or more past due, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element605" xlink:to="label605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="element606" />
        <label xlink:type="resource" xlink:label="label606" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_en-US">Fair Value Option Loans Held As Assets 90 Days Or More Past Due</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element606" xlink:to="label606" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="element607" />
        <label xlink:type="resource" xlink:label="label607" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_en-US">Loans receivable, 90 days or more past due, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element607" xlink:to="label607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="element608" />
        <label xlink:type="resource" xlink:label="label608" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FairValueHedgingMember_en-US">Fair Value Hedging [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element608" xlink:to="label608" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="element609" />
        <label xlink:type="resource" xlink:label="label609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FairValueHedgingMember_en-US">Fair Value Hedging [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element609" xlink:to="label609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="element610" />
        <label xlink:type="resource" xlink:label="label610" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FeesAndCommissionsOther_en-US">Ceding commissions from reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element610" xlink:to="label610" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1" xlink:label="element611" />
        <label xlink:type="resource" xlink:label="label611" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_en-US">Weighted average expected collection term of the premiums receivable, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element611" xlink:to="label611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="element612" />
        <label xlink:type="resource" xlink:label="label612" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceSegmentMember_en-US">Financial Guarantee Insurance Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element612" xlink:to="label612" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="element613" />
        <label xlink:type="resource" xlink:label="label613" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialInstrumentAxis_en-US">Financial Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element613" xlink:to="label613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="element614" />
        <label xlink:type="resource" xlink:label="label614" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialInstrumentAxis_en-US">Financial Instrument [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element614" xlink:to="label614" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable" xlink:label="element615" />
        <label xlink:type="resource" xlink:label="label615" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable_en-US">Adjustments, Accretion of Premiums Receivable Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element615" xlink:to="label615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived" xlink:label="element616" />
        <label xlink:type="resource" xlink:label="label616" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived_en-US">Premium Payments Received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element616" xlink:to="label616" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" xlink:label="element617" />
        <label xlink:type="resource" xlink:label="label617" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_en-US">Premiums from New Business Written</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element617" xlink:to="label617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="element618" />
        <label xlink:type="resource" xlink:label="label618" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2021, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element618" xlink:to="label618" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="element619" />
        <label xlink:type="resource" xlink:label="label619" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_en-US">Financial Guarantee Insurance Contracts [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element619" xlink:to="label619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="element620" />
        <label xlink:type="resource" xlink:label="label620" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_en-US">Insurance Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element620" xlink:to="label620" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="element621" />
        <label xlink:type="resource" xlink:label="label621" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2022, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element621" xlink:to="label621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="element622" />
        <label xlink:type="resource" xlink:label="label622" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_en-US">Three months ending, June 30, 2018, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element622" xlink:to="label622" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="element623" />
        <label xlink:type="resource" xlink:label="label623" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2021, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element623" xlink:to="label623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="element624" />
        <label xlink:type="resource" xlink:label="label624" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2019, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element624" xlink:to="label624" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount" xlink:label="element625" />
        <label xlink:type="resource" xlink:label="label625" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_en-US">FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element625" xlink:to="label625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount" xlink:label="element626" />
        <label xlink:type="resource" xlink:label="label626" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_en-US">Refunding premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element626" xlink:to="label626" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="element627" />
        <label xlink:type="resource" xlink:label="label627" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Accretion Of Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element627" xlink:to="label627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="element628" />
        <label xlink:type="resource" xlink:label="label628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_en-US">Accretion of claim liability discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element628" xlink:to="label628" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="element629" />
        <label xlink:type="resource" xlink:label="label629" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_en-US">Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element629" xlink:to="label629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="element630" />
        <label xlink:type="resource" xlink:label="label630" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_en-US">Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element630" xlink:to="label630" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" xlink:label="element631" />
        <label xlink:type="resource" xlink:label="label631" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_en-US">Adjustments, Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element631" xlink:to="label631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="element632" />
        <label xlink:type="resource" xlink:label="label632" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_en-US">Five years ending, December 31, 2032, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element632" xlink:to="label632" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="element633" />
        <label xlink:type="resource" xlink:label="label633" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2019, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element633" xlink:to="label633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="element634" />
        <label xlink:type="resource" xlink:label="label634" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_en-US">Total, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element634" xlink:to="label634" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="element635" />
        <label xlink:type="resource" xlink:label="label635" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_en-US">Total, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element635" xlink:to="label635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" xlink:label="element636" />
        <label xlink:type="resource" xlink:label="label636" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_en-US">Weighted average risk-free rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element636" xlink:to="label636" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="element637" />
        <label xlink:type="resource" xlink:label="label637" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2022, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element637" xlink:to="label637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="element638" />
        <label xlink:type="resource" xlink:label="label638" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_en-US">Financial Guarantee Insurance Contracts Claim Liability Weighted Average Risk Free Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element638" xlink:to="label638" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="element639" />
        <label xlink:type="resource" xlink:label="label639" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_en-US">Weighted average risk-free rate used to discount claim liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element639" xlink:to="label639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" xlink:label="element640" />
        <label xlink:type="resource" xlink:label="label640" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_en-US">Adjustments, Changes in Expected Term of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element640" xlink:to="label640" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="element641" />
        <label xlink:type="resource" xlink:label="label641" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Effect Of Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element641" xlink:to="label641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="element642" />
        <label xlink:type="resource" xlink:label="label642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_en-US">Changes in discount rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element642" xlink:to="label642" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="element643" />
        <label xlink:type="resource" xlink:label="label643" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2020, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element643" xlink:to="label643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="element644" />
        <label xlink:type="resource" xlink:label="label644" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_en-US">Twelve months ending, December 31, 2020, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element644" xlink:to="label644" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="element645" />
        <label xlink:type="resource" xlink:label="label645" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_en-US">Five years ending, December 31, 2027, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element645" xlink:to="label645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="element646" />
        <label xlink:type="resource" xlink:label="label646" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_en-US">Three months ending, September 30, 2018, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element646" xlink:to="label646" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="element647" />
        <label xlink:type="resource" xlink:label="label647" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_en-US">Three months ending, June 30, 2018, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element647" xlink:to="label647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="element648" />
        <label xlink:type="resource" xlink:label="label648" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_en-US">Three months ending, March 31, 2018, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element648" xlink:to="label648" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="element649" />
        <label xlink:type="resource" xlink:label="label649" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_en-US">Three months ending, December 31, 2018, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element649" xlink:to="label649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="element650" />
        <label xlink:type="resource" xlink:label="label650" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_en-US">Three months ending, March 31, 2018, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element650" xlink:to="label650" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="element651" />
        <label xlink:type="resource" xlink:label="label651" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_en-US">Three months ending, September 30, 2018, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element651" xlink:to="label651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="element652" />
        <label xlink:type="resource" xlink:label="label652" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_en-US">Three months ending, December 31, 2018, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element652" xlink:to="label652" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:label="element653" />
        <label xlink:type="resource" xlink:label="label653" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FixedIncomeFundsMember_en-US">Fixed Income Funds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element653" xlink:to="label653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="element654" />
        <label xlink:type="resource" xlink:label="label654" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FixedMaturitiesMember_en-US">Fixed Maturities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element654" xlink:to="label654" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="element655" />
        <label xlink:type="resource" xlink:label="label655" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_FixedMaturitiesMember_en-US">Fixed-Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element655" xlink:to="label655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="element656" />
        <label xlink:type="resource" xlink:label="label656" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_en-US">Foreign Exchange And Other Derivative Financial Instruments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element656" xlink:to="label656" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="element657" />
        <label xlink:type="resource" xlink:label="label657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_en-US">Foreign Exchange and Other Derivative Financial Instruments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element657" xlink:to="label657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="element658" />
        <label xlink:type="resource" xlink:label="label658" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_en-US">Foreign Currency Translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element658" xlink:to="label658" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="element659" />
        <label xlink:type="resource" xlink:label="label659" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ForeignGovernmentDebtMember_en-US">Foreign Government Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element659" xlink:to="label659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="element660" />
        <label xlink:type="resource" xlink:label="label660" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ForeignGovernmentDebtMember_en-US">Foreign Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element660" xlink:to="label660" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="element661" />
        <label xlink:type="resource" xlink:label="label661" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_FurnitureAndFixturesMember_en-US">Furniture And Fixtures [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element661" xlink:to="label661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="element662" />
        <label xlink:type="resource" xlink:label="label662" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnSaleOfBusiness_en-US">GainLossOnSaleOfBusiness</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element662" xlink:to="label662" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="element663" />
        <label xlink:type="resource" xlink:label="label663" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_GainLossOnSaleOfBusiness_en-US">Total pre-tax loss on adjusting MBIA UK to its fair value less costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element663" xlink:to="label663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="element664" />
        <label xlink:type="resource" xlink:label="label664" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnSaleOfBusiness_en-US">Gain (loss) on adjusting MBIA UK to its fair value less costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element664" xlink:to="label664" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="element665" />
        <label xlink:type="resource" xlink:label="label665" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_en-US">Gain Loss On Derivative Instruments Net Pretax [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element665" xlink:to="label665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="element666" />
        <label xlink:type="resource" xlink:label="label666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_en-US">Change in fair value of insured derivatives:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element666" xlink:to="label666" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="element667" />
        <label xlink:type="resource" xlink:label="label667" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_en-US">Gain Loss On Fair Value Hedges Recognized In Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element667" xlink:to="label667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="element668" />
        <label xlink:type="resource" xlink:label="label668" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_en-US">Gain/(loss) recognized in income on hedged item</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element668" xlink:to="label668" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element669" />
        <label xlink:type="resource" xlink:label="label669" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Gain Loss On Derivative Instruments Net Pretax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element669" xlink:to="label669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element670" />
        <label xlink:type="resource" xlink:label="label670" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Net change in fair value of insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element670" xlink:to="label670" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="element671" />
        <label xlink:type="resource" xlink:label="label671" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_en-US">Net change in fair value of insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element671" xlink:to="label671" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:label="element672" />
        <label xlink:type="resource" xlink:label="label672" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_en-US">GainOrLossOnSaleOfStockInSubsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element672" xlink:to="label672" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:label="element673" />
        <label xlink:type="resource" xlink:label="label673" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_en-US">Statutory loss recorded on adjustment of carrying value to fair value less costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element673" xlink:to="label673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="element674" />
        <label xlink:type="resource" xlink:label="label674" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GainsLossesOnExtinguishmentOfDebt_en-US">Gains Losses On Extinguishment Of Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element674" xlink:to="label674" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="element675" />
        <label xlink:type="resource" xlink:label="label675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_GainsLossesOnExtinguishmentOfDebt_en-US">Net gains (losses) on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element675" xlink:to="label675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="element676" />
        <label xlink:type="resource" xlink:label="label676" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_en-US">Pension And Profit Sharing Plans [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element676" xlink:to="label676" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="element677" />
        <label xlink:type="resource" xlink:label="label677" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsNatureDomain_en-US">Guarantor Obligations, Nature [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element677" xlink:to="label677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="element678" />
        <label xlink:type="resource" xlink:label="label678" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsByNatureAxis_en-US">Guarantor Obligations, Nature [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element678" xlink:to="label678" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="element679" />
        <label xlink:type="resource" xlink:label="label679" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_GuaranteeObligationsLineItems_en-US">Guarantor Obligations [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element679" xlink:to="label679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="element680" />
        <label xlink:type="resource" xlink:label="label680" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingRelationshipDomain_en-US">Hedging Relationship [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element680" xlink:to="label680" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="element681" />
        <label xlink:type="resource" xlink:label="label681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HedgingRelationshipDomain_en-US">Hedging Relationship [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element681" xlink:to="label681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="element682" />
        <label xlink:type="resource" xlink:label="label682" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingDesignationAxis_en-US">Hedging Designation [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element682" xlink:to="label682" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="element683" />
        <label xlink:type="resource" xlink:label="label683" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HedgingDesignationDomain_en-US">Hedging Designation [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element683" xlink:to="label683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="element684" />
        <label xlink:type="resource" xlink:label="label684" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_en-US">HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element684" xlink:to="label684" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="element685" />
        <label xlink:type="resource" xlink:label="label685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element685" xlink:to="label685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="element686" />
        <label xlink:type="resource" xlink:label="label686" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element686" xlink:to="label686" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="element687" />
        <label xlink:type="resource" xlink:label="label687" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element687" xlink:to="label687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="element688" />
        <label xlink:type="resource" xlink:label="label688" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_en-US">HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element688" xlink:to="label688" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="element689" />
        <label xlink:type="resource" xlink:label="label689" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_en-US">Gross unrealized gains</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element689" xlink:to="label689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element690" />
        <label xlink:type="resource" xlink:label="label690" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element690" xlink:to="label690" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="element691" />
        <label xlink:type="resource" xlink:label="label691" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element691" xlink:to="label691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element692" />
        <label xlink:type="resource" xlink:label="label692" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element692" xlink:to="label692" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="element693" />
        <label xlink:type="resource" xlink:label="label693" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_en-US">12 months or longer, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element693" xlink:to="label693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element694" />
        <label xlink:type="resource" xlink:label="label694" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element694" xlink:to="label694" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="element695" />
        <label xlink:type="resource" xlink:label="label695" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element695" xlink:to="label695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="element696" />
        <label xlink:type="resource" xlink:label="label696" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element696" xlink:to="label696" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="element697" />
        <label xlink:type="resource" xlink:label="label697" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_en-US">Due after ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element697" xlink:to="label697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element698" />
        <label xlink:type="resource" xlink:label="label698" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element698" xlink:to="label698" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="element699" />
        <label xlink:type="resource" xlink:label="label699" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_en-US">Gross unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element699" xlink:to="label699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element700" />
        <label xlink:type="resource" xlink:label="label700" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element700" xlink:to="label700" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="element701" />
        <label xlink:type="resource" xlink:label="label701" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_en-US">Due after one year through five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element701" xlink:to="label701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="element702" />
        <label xlink:type="resource" xlink:label="label702" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element702" xlink:to="label702" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="element703" />
        <label xlink:type="resource" xlink:label="label703" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_en-US">Due after five years through ten years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element703" xlink:to="label703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element704" />
        <label xlink:type="resource" xlink:label="label704" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element704" xlink:to="label704" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="element705" />
        <label xlink:type="resource" xlink:label="label705" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_en-US">Less than 12 months, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element705" xlink:to="label705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element706" />
        <label xlink:type="resource" xlink:label="label706" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element706" xlink:to="label706" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="element707" />
        <label xlink:type="resource" xlink:label="label707" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_en-US">Total held-to-maturity, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element707" xlink:to="label707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element708" />
        <label xlink:type="resource" xlink:label="label708" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element708" xlink:to="label708" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="element709" />
        <label xlink:type="resource" xlink:label="label709" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_en-US">Total held-to-maturity, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element709" xlink:to="label709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element710" />
        <label xlink:type="resource" xlink:label="label710" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecurities_en-US">Held-To-Maturity Securities Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element710" xlink:to="label710" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element711" />
        <label xlink:type="resource" xlink:label="label711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecurities_en-US">Investments held-to-maturity, at amortized cost (fair value $916 and $876)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element711" xlink:to="label711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="element712" />
        <label xlink:type="resource" xlink:label="label712" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecurities_en-US">Total held-to-maturity, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element712" xlink:to="label712" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element713" />
        <label xlink:type="resource" xlink:label="label713" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element713" xlink:to="label713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="element714" />
        <label xlink:type="resource" xlink:label="label714" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_en-US">12 months or longer, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element714" xlink:to="label714" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element715" />
        <label xlink:type="resource" xlink:label="label715" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element715" xlink:to="label715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="element716" />
        <label xlink:type="resource" xlink:label="label716" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_en-US">Less than 12 months, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element716" xlink:to="label716" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element717" />
        <label xlink:type="resource" xlink:label="label717" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element717" xlink:to="label717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="element718" />
        <label xlink:type="resource" xlink:label="label718" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element718" xlink:to="label718" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element719" />
        <label xlink:type="resource" xlink:label="label719" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Held-To-Maturity Securities Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element719" xlink:to="label719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element720" />
        <label xlink:type="resource" xlink:label="label720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Investments held-to-maturity, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element720" xlink:to="label720" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element721" />
        <label xlink:type="resource" xlink:label="label721" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Total held-to-maturity investments, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element721" xlink:to="label721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="element722" />
        <label xlink:type="resource" xlink:label="label722" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_HeldToMaturitySecuritiesFairValue_en-US">Held-To-Maturity Securities Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element722" xlink:to="label722" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="element723" />
        <label xlink:type="resource" xlink:label="label723" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_en-US">Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element723" xlink:to="label723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="element724" />
        <label xlink:type="resource" xlink:label="label724" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_en-US">Due in one year or less</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element724" xlink:to="label724" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="element725" />
        <label xlink:type="resource" xlink:label="label725" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_en-US">HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element725" xlink:to="label725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="element726" />
        <label xlink:type="resource" xlink:label="label726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_en-US">Mortgage-Backed and Asset-Backed</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element726" xlink:to="label726" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="element727" />
        <label xlink:type="resource" xlink:label="label727" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_en-US">HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element727" xlink:to="label727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="element728" />
        <label xlink:type="resource" xlink:label="label728" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_en-US">Number of Held-To-Maturity Securities in unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element728" xlink:to="label728" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="element729" />
        <label xlink:type="resource" xlink:label="label729" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_en-US">Held To Maturity Securities Unclassified [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element729" xlink:to="label729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="element730" />
        <label xlink:type="resource" xlink:label="label730" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_en-US">Held To Maturity Securities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element730" xlink:to="label730" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="element731" />
        <label xlink:type="resource" xlink:label="label731" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_HeldtomaturitySecuritiesMember_en-US">Heldtomaturity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element731" xlink:to="label731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="element732" />
        <label xlink:type="resource" xlink:label="label732" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_HeldtomaturitySecuritiesMember_en-US">Held-To-Maturity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element732" xlink:to="label732" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="element733" />
        <label xlink:type="resource" xlink:label="label733" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IntersegmentEliminationMember_en-US">Intersegment Elimination [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element733" xlink:to="label733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="element734" />
        <label xlink:type="resource" xlink:label="label734" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IntersegmentEliminationMember_en-US">Eliminations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element734" xlink:to="label734" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="element735" />
        <label xlink:type="resource" xlink:label="label735" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_en-US">ImpairmentOfLongLivedAssetsToBeDisposedOf</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element735" xlink:to="label735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="element736" />
        <label xlink:type="resource" xlink:label="label736" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_en-US">Difference between the carrying value and the fair value of MBIA UK</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element736" xlink:to="label736" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="element737" />
        <label xlink:type="resource" xlink:label="label737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_en-US">Included in AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element737" xlink:to="label737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="element738" />
        <label xlink:type="resource" xlink:label="label738" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxDisclosureAbstract_en-US">Income tax disclosure [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element738" xlink:to="label738" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="element739" />
        <label xlink:type="resource" xlink:label="label739" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementLocationAxis_en-US">Income Statement Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element739" xlink:to="label739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="element740" />
        <label xlink:type="resource" xlink:label="label740" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeStatementLocationAxis_en-US">Income Statement Location [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element740" xlink:to="label740" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="element741" />
        <label xlink:type="resource" xlink:label="label741" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementLocationDomain_en-US">Income Statement Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element741" xlink:to="label741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="element742" />
        <label xlink:type="resource" xlink:label="label742" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeStatementLocationDomain_en-US">Income Statement Location [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element742" xlink:to="label742" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="element743" />
        <label xlink:type="resource" xlink:label="label743" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeLossFromSubsidiariesNetOfTax_en-US">Equity in net income (loss) of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element743" xlink:to="label743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element744" />
        <label xlink:type="resource" xlink:label="label744" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (loss) before income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element744" xlink:to="label744" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element745" />
        <label xlink:type="resource" xlink:label="label745" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (loss) before income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element745" xlink:to="label745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="element746" />
        <label xlink:type="resource" xlink:label="label746" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_en-US">Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element746" xlink:to="label746" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="element747" />
        <label xlink:type="resource" xlink:label="label747" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_en-US">Income tax effects allocated directly to equity [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element747" xlink:to="label747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="element748" />
        <label xlink:type="resource" xlink:label="label748" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_en-US">Total adjustments due to the adoption of new accounting standards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element748" xlink:to="label748" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="element749" />
        <label xlink:type="resource" xlink:label="label749" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxDisclosureTextBlock_en-US">Income Tax Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element749" xlink:to="label749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="element750" />
        <label xlink:type="resource" xlink:label="label750" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeTaxDisclosureTextBlock_en-US">Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element750" xlink:to="label750" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element751" />
        <label xlink:type="resource" xlink:label="label751" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefit_en-US">Income Tax Expense Benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element751" xlink:to="label751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element752" />
        <label xlink:type="resource" xlink:label="label752" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxExpenseBenefit_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element752" xlink:to="label752" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="element753" />
        <label xlink:type="resource" xlink:label="label753" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncomeTaxExpenseBenefit_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element753" xlink:to="label753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="element754" />
        <label xlink:type="resource" xlink:label="label754" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeStatementAbstract_en-US">Income Statement [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element754" xlink:to="label754" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="element755" />
        <label xlink:type="resource" xlink:label="label755" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_en-US">Total income taxes charged (credited) to shareholders' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element755" xlink:to="label755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="element756" />
        <label xlink:type="resource" xlink:label="label756" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_en-US">Total income taxes charged (credited) to shareholders' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element756" xlink:to="label756" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="element757" />
        <label xlink:type="resource" xlink:label="label757" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_en-US">Income tax expense (benefit), continuing operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element757" xlink:to="label757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="element758" />
        <label xlink:type="resource" xlink:label="label758" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_en-US">Total effect of income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element758" xlink:to="label758" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="element759" />
        <label xlink:type="resource" xlink:label="label759" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_en-US">Total effect of income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element759" xlink:to="label759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="element760" />
        <label xlink:type="resource" xlink:label="label760" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element760" xlink:to="label760" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="element761" />
        <label xlink:type="resource" xlink:label="label761" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxesPaidNet_en-US">Income taxes (paid) received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element761" xlink:to="label761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="element762" />
        <label xlink:type="resource" xlink:label="label762" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncomeTaxesPaidNet_en-US">Income taxes (paid) received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element762" xlink:to="label762" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="element763" />
        <label xlink:type="resource" xlink:label="label763" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncomeTaxPolicyTextBlock_en-US">Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element763" xlink:to="label763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="element764" />
        <label xlink:type="resource" xlink:label="label764" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_en-US">Increase Decrease In Loss And Loss Adjustment Expense Reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element764" xlink:to="label764" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="element765" />
        <label xlink:type="resource" xlink:label="label765" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_en-US">Changes in LAE reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element765" xlink:to="label765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="element766" />
        <label xlink:type="resource" xlink:label="label766" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element766" xlink:to="label766" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="element767" />
        <label xlink:type="resource" xlink:label="label767" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element767" xlink:to="label767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="element768" />
        <label xlink:type="resource" xlink:label="label768" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_en-US">Increase Decrease In Accrued Income Taxes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element768" xlink:to="label768" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="element769" />
        <label xlink:type="resource" xlink:label="label769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_en-US">Current income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element769" xlink:to="label769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="element770" />
        <label xlink:type="resource" xlink:label="label770" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccruedLiabilities_en-US">Increase Decrease In Accrued Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element770" xlink:to="label770" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="element771" />
        <label xlink:type="resource" xlink:label="label771" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInAccruedLiabilities_en-US">Accrued expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element771" xlink:to="label771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="element772" />
        <label xlink:type="resource" xlink:label="label772" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_en-US">Increase in deferred tax asset</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element772" xlink:to="label772" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="element773" />
        <label xlink:type="resource" xlink:label="label773" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_en-US">Intercompany accounts receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element773" xlink:to="label773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="element774" />
        <label xlink:type="resource" xlink:label="label774" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_en-US">Intercompany accounts receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element774" xlink:to="label774" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="element775" />
        <label xlink:type="resource" xlink:label="label775" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_en-US">Increase Decrease Cash Collateral From Counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element775" xlink:to="label775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="element776" />
        <label xlink:type="resource" xlink:label="label776" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_en-US">Collateral (to) from counterparties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element776" xlink:to="label776" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element777" />
        <label xlink:type="resource" xlink:label="label777" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Increase Decrease In Deferred Policy Acquisition Costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element777" xlink:to="label777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element778" />
        <label xlink:type="resource" xlink:label="label778" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element778" xlink:to="label778" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="element779" />
        <label xlink:type="resource" xlink:label="label779" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_en-US">Deferred acquisition costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element779" xlink:to="label779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="element780" />
        <label xlink:type="resource" xlink:label="label780" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInInterestPayableNet_en-US">IncreaseDecreaseInInterestPayableNet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element780" xlink:to="label780" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="element781" />
        <label xlink:type="resource" xlink:label="label781" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInInterestPayableNet_en-US">Accrued interest payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element781" xlink:to="label781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="element782" />
        <label xlink:type="resource" xlink:label="label782" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_en-US">Decrease in income tax receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element782" xlink:to="label782" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element783" />
        <label xlink:type="resource" xlink:label="label783" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Increase Decrease In Premiums Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element783" xlink:to="label783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element784" />
        <label xlink:type="resource" xlink:label="label784" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element784" xlink:to="label784" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="element785" />
        <label xlink:type="resource" xlink:label="label785" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInPremiumsReceivable_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element785" xlink:to="label785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element786" />
        <label xlink:type="resource" xlink:label="label786" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Increase Decrease In Unearned Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element786" xlink:to="label786" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element787" />
        <label xlink:type="resource" xlink:label="label787" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element787" xlink:to="label787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="element788" />
        <label xlink:type="resource" xlink:label="label788" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_IncreaseDecreaseInUnearnedPremiums_en-US">Changes in unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element788" xlink:to="label788" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="element789" />
        <label xlink:type="resource" xlink:label="label789" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_en-US">Stock options</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element789" xlink:to="label789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" xlink:label="element790" />
        <label xlink:type="resource" xlink:label="label790" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_en-US">Warants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element790" xlink:to="label790" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="element791" />
        <label xlink:type="resource" xlink:label="label791" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InformationByCategoryOfDebtSecurityAxis_en-US">Information By Category Of Debt Security [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element791" xlink:to="label791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="element792" />
        <label xlink:type="resource" xlink:label="label792" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InformationByCategoryOfDebtSecurityAxis_en-US">Debt Security Category [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element792" xlink:to="label792" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="element793" />
        <label xlink:type="resource" xlink:label="label793" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuranceRecoveries_en-US">Recoveries received on claims for financial guarantee policies under reinsurance contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element793" xlink:to="label793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsurancePremiumsRevenueRecognitionPolicy" xlink:label="element794" />
        <label xlink:type="resource" xlink:label="label794" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_en-US">Financial Guarantee Insurance Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element794" xlink:to="label794" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="element795" />
        <label xlink:type="resource" xlink:label="label795" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuranceAbstract_en-US">Insurance in Force [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element795" xlink:to="label795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="element796" />
        <label xlink:type="resource" xlink:label="label796" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_en-US">Insured Financial Obligations With Credit Deterioration Remaining Weighted Average Contract Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element796" xlink:to="label796" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="element797" />
        <label xlink:type="resource" xlink:label="label797" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_en-US">Remaining weighted average contract period (in years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element797" xlink:to="label797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="element798" />
        <label xlink:type="resource" xlink:label="label798" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestPayableCurrent_en-US">InterestPayableCurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element798" xlink:to="label798" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="element799" />
        <label xlink:type="resource" xlink:label="label799" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestPayableCurrent_en-US">Interest payable for derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element799" xlink:to="label799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="element800" />
        <label xlink:type="resource" xlink:label="label800" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestExpense_en-US">Interest Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element800" xlink:to="label800" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="element801" />
        <label xlink:type="resource" xlink:label="label801" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestExpense_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element801" xlink:to="label801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="element802" />
        <label xlink:type="resource" xlink:label="label802" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_InterestExpense_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element802" xlink:to="label802" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element803" />
        <label xlink:type="resource" xlink:label="label803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Interest Payable Current And Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element803" xlink:to="label803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element804" />
        <label xlink:type="resource" xlink:label="label804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Accrued interest on surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element804" xlink:to="label804" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="element805" />
        <label xlink:type="resource" xlink:label="label805" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_InterestPayableCurrentAndNoncurrent_en-US">Accrued interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element805" xlink:to="label805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="element806" />
        <label xlink:type="resource" xlink:label="label806" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestPaidNet_en-US">Interest paid, net of interest converted to principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element806" xlink:to="label806" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="element807" />
        <label xlink:type="resource" xlink:label="label807" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_InterestPaidNet_en-US">Interest paid, net of interest converted to principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element807" xlink:to="label807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="element808" />
        <label xlink:type="resource" xlink:label="label808" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InterestRateSwapMember_en-US">Interest Rate Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element808" xlink:to="label808" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="element809" />
        <label xlink:type="resource" xlink:label="label809" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InterestRateSwapMember_en-US">Interest Rate Swap [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element809" xlink:to="label809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="element810" />
        <label xlink:type="resource" xlink:label="label810" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentPolicyTextBlock_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element810" xlink:to="label810" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="element811" />
        <label xlink:type="resource" xlink:label="label811" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentPolicyTextBlock_en-US">InvestmentPolicyTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element811" xlink:to="label811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="element812" />
        <label xlink:type="resource" xlink:label="label812" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentOwnedAtFairValue_en-US">Investment Owned At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element812" xlink:to="label812" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="element813" />
        <label xlink:type="resource" xlink:label="label813" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentOwnedAtFairValue_en-US">Other investments, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element813" xlink:to="label813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="element814" />
        <label xlink:type="resource" xlink:label="label814" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentTypeCategorizationMember_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment Category [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element814" xlink:to="label814" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="element815" />
        <label xlink:type="resource" xlink:label="label815" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentTypeCategorizationMember_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment, Category [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element815" xlink:to="label815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="element816" />
        <label xlink:type="resource" xlink:label="label816" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentTypeAxis_en-US">Investment Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element816" xlink:to="label816" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="element817" />
        <label xlink:type="resource" xlink:label="label817" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentTypeAxis_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element817" xlink:to="label817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="element818" />
        <label xlink:type="resource" xlink:label="label818" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Investments_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element818" xlink:to="label818" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="element819" />
        <label xlink:type="resource" xlink:label="label819" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Investments_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element819" xlink:to="label819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="element820" />
        <label xlink:type="resource" xlink:label="label820" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Investments_en-US">Total investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element820" xlink:to="label820" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="element821" />
        <label xlink:type="resource" xlink:label="label821" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_Investments_en-US">Total investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element821" xlink:to="label821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="element822" />
        <label xlink:type="resource" xlink:label="label822" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentsMember_en-US">InvestmentsMember</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element822" xlink:to="label822" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="element823" />
        <label xlink:type="resource" xlink:label="label823" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentsMember_en-US">Investments At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element823" xlink:to="label823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="element824" />
        <label xlink:type="resource" xlink:label="label824" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentsAbstract_en-US">Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element824" xlink:to="label824" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="element825" />
        <label xlink:type="resource" xlink:label="label825" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_en-US">Investments Classified By Contractual Maturity Date [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element825" xlink:to="label825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="element826" />
        <label xlink:type="resource" xlink:label="label826" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_en-US">Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element826" xlink:to="label826" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm" xlink:label="element827" />
        <label xlink:type="resource" xlink:label="label827" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_en-US">Lease renewal term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element827" xlink:to="label827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="element828" />
        <label xlink:type="resource" xlink:label="label828" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LettersOfCreditOutstandingAmount_en-US">Outstanding letters of credit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element828" xlink:to="label828" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="element829" />
        <label xlink:type="resource" xlink:label="label829" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LeaseholdImprovementsMember_en-US">Leasehold Improvements [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element829" xlink:to="label829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="element830" />
        <label xlink:type="resource" xlink:label="label830" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Liabilities_en-US">Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element830" xlink:to="label830" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="element831" />
        <label xlink:type="resource" xlink:label="label831" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Liabilities_en-US">Carrying amounts of liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element831" xlink:to="label831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="element832" />
        <label xlink:type="resource" xlink:label="label832" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Liabilities_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element832" xlink:to="label832" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="element833" />
        <label xlink:type="resource" xlink:label="label833" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_Liabilities_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element833" xlink:to="label833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element834" />
        <label xlink:type="resource" xlink:label="label834" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Liabilities Fair Value Disclosure Nonrecurring</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element834" xlink:to="label834" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element835" />
        <label xlink:type="resource" xlink:label="label835" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element835" xlink:to="label835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="element836" />
        <label xlink:type="resource" xlink:label="label836" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element836" xlink:to="label836" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="element837" />
        <label xlink:type="resource" xlink:label="label837" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAbstract_en-US">Liabilities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element837" xlink:to="label837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="element838" />
        <label xlink:type="resource" xlink:label="label838" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesAbstract_en-US">Liabilities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element838" xlink:to="label838" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="element839" />
        <label xlink:type="resource" xlink:label="label839" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_en-US">LiabilitiesOfAssetsHeldForSale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element839" xlink:to="label839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="element840" />
        <label xlink:type="resource" xlink:label="label840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_en-US">Liabilities held for sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element840" xlink:to="label840" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="element841" />
        <label xlink:type="resource" xlink:label="label841" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAndStockholdersEquity_en-US">Liabilities And Stockholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element841" xlink:to="label841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="element842" />
        <label xlink:type="resource" xlink:label="label842" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LiabilitiesAndStockholdersEquity_en-US">Total liabilities and equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element842" xlink:to="label842" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="element843" />
        <label xlink:type="resource" xlink:label="label843" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesAndStockholdersEquity_en-US">Total liabilities and equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element843" xlink:to="label843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="element844" />
        <label xlink:type="resource" xlink:label="label844" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesFairValueDisclosureRecurring_en-US">Fair Value Liabilities Measured On Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element844" xlink:to="label844" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="element845" />
        <label xlink:type="resource" xlink:label="label845" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilitiesFairValueDisclosureRecurring_en-US">Fair value financial liabilities measured on recurring basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element845" xlink:to="label845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="element846" />
        <label xlink:type="resource" xlink:label="label846" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilitiesAndStockholdersEquityAbstract_en-US">Liabilities and Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element846" xlink:to="label846" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element847" />
        <label xlink:type="resource" xlink:label="label847" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">LiabilityForClaimsAndClaimsAdjustmentExpense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element847" xlink:to="label847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element848" />
        <label xlink:type="resource" xlink:label="label848" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element848" xlink:to="label848" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element849" />
        <label xlink:type="resource" xlink:label="label849" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Gross loss and LAE reserve, beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element849" xlink:to="label849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="element850" />
        <label xlink:type="resource" xlink:label="label850" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_en-US">Gross loss and LAE reserve, ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element850" xlink:to="label850" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="element851" />
        <label xlink:type="resource" xlink:label="label851" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_en-US">Liability For Future Policy Benefits And Unpaid Claims Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element851" xlink:to="label851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="element852" />
        <label xlink:type="resource" xlink:label="label852" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_en-US">Loss and Loss Adjustment Expense Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element852" xlink:to="label852" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="element853" />
        <label xlink:type="resource" xlink:label="label853" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_en-US">Line of credit commitment fee percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element853" xlink:to="label853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="element854" />
        <label xlink:type="resource" xlink:label="label854" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCredit_en-US">Line of credit amount outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element854" xlink:to="label854" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="element855" />
        <label xlink:type="resource" xlink:label="label855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCredit_en-US">Secured loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element855" xlink:to="label855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="element856" />
        <label xlink:type="resource" xlink:label="label856" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_en-US">Line of credit commitment fee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element856" xlink:to="label856" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="element857" />
        <label xlink:type="resource" xlink:label="label857" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_en-US">Line Of Credit Facility Maximum Borrowing Capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element857" xlink:to="label857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="element858" />
        <label xlink:type="resource" xlink:label="label858" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_en-US">Line of credit maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element858" xlink:to="label858" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="element859" />
        <label xlink:type="resource" xlink:label="label859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_en-US">Line of credit interest rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element859" xlink:to="label859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="element860" />
        <label xlink:type="resource" xlink:label="label860" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_en-US">Line Of Credit Facility Interest Rate During Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element860" xlink:to="label860" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="element861" />
        <label xlink:type="resource" xlink:label="label861" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LitigationSettlementExpense_en-US">Litigation settlement expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element861" xlink:to="label861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="element862" />
        <label xlink:type="resource" xlink:label="label862" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansReceivableMember_en-US">Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element862" xlink:to="label862" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="element863" />
        <label xlink:type="resource" xlink:label="label863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LoansReceivableMember_en-US">Corporate Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element863" xlink:to="label863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansPayable" xlink:label="element864" />
        <label xlink:type="resource" xlink:label="label864" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansPayable_en-US">Affiliate loans payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element864" xlink:to="label864" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="element865" />
        <label xlink:type="resource" xlink:label="label865" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LoansReceivableFairValueDisclosure_en-US">Loans Receivable Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element865" xlink:to="label865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="element866" />
        <label xlink:type="resource" xlink:label="label866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LoansReceivableFairValueDisclosure_en-US">Loans receivable at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element866" xlink:to="label866" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="element867" />
        <label xlink:type="resource" xlink:label="label867" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleLineItems_en-US">Long Lived Assets Held For Sale [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element867" xlink:to="label867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="element868" />
        <label xlink:type="resource" xlink:label="label868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleLineItems_en-US">Assets And Liabilities Held For Sale By Major Category [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element868" xlink:to="label868" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="element869" />
        <label xlink:type="resource" xlink:label="label869" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_en-US">Long Lived Assets Held For Sale By Asset Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element869" xlink:to="label869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="element870" />
        <label xlink:type="resource" xlink:label="label870" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_en-US">Held For Sale [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element870" xlink:to="label870" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="element871" />
        <label xlink:type="resource" xlink:label="label871" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongLivedAssetsHeldForSaleNameDomain_en-US">Long Lived Assets Held For Sale Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element871" xlink:to="label871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="element872" />
        <label xlink:type="resource" xlink:label="label872" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongLivedAssetsHeldForSaleNameDomain_en-US">Held For Sale [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element872" xlink:to="label872" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="element873" />
        <label xlink:type="resource" xlink:label="label873" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtFairValue_en-US">LongTermDebtFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element873" xlink:to="label873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="element874" />
        <label xlink:type="resource" xlink:label="label874" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtFairValue_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element874" xlink:to="label874" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="element875" />
        <label xlink:type="resource" xlink:label="label875" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebt_en-US">Long-term Debt, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element875" xlink:to="label875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="element876" />
        <label xlink:type="resource" xlink:label="label876" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LongTermDebt_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element876" xlink:to="label876" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="element877" />
        <label xlink:type="resource" xlink:label="label877" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMember_en-US">Long Term Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element877" xlink:to="label877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="element878" />
        <label xlink:type="resource" xlink:label="label878" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtMember_en-US">Long-term Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element878" xlink:to="label878" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="element879" />
        <label xlink:type="resource" xlink:label="label879" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_en-US">2020</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element879" xlink:to="label879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element880" />
        <label xlink:type="resource" xlink:label="label880" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtNoncurrent_en-US">Long Term Debt Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element880" xlink:to="label880" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element881" />
        <label xlink:type="resource" xlink:label="label881" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_LongTermDebtNoncurrent_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element881" xlink:to="label881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="element882" />
        <label xlink:type="resource" xlink:label="label882" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_LongTermDebtNoncurrent_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element882" xlink:to="label882" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="element883" />
        <label xlink:type="resource" xlink:label="label883" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_en-US">Thereafter</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element883" xlink:to="label883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="element884" />
        <label xlink:type="resource" xlink:label="label884" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_en-US">2019</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element884" xlink:to="label884" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="element885" />
        <label xlink:type="resource" xlink:label="label885" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_en-US">2021</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element885" xlink:to="label885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="element886" />
        <label xlink:type="resource" xlink:label="label886" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_en-US">2022</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element886" xlink:to="label886" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="element887" />
        <label xlink:type="resource" xlink:label="label887" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_en-US">2018</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element887" xlink:to="label887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="element888" />
        <label xlink:type="resource" xlink:label="label888" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesTable_en-US">Loss Contingencies [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element888" xlink:to="label888" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="element889" />
        <label xlink:type="resource" xlink:label="label889" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesLineItems_en-US">Loss Contingencies [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element889" xlink:to="label889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="element890" />
        <label xlink:type="resource" xlink:label="label890" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingenciesByNatureOfContingencyAxis_en-US">Loss Contingencies By Nature Of Contingency [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element890" xlink:to="label890" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="element891" />
        <label xlink:type="resource" xlink:label="label891" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_LossContingencyNatureDomain_en-US">Loss Contingency Nature [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element891" xlink:to="label891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="element892" />
        <label xlink:type="resource" xlink:label="label892" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorCustomersAxis_en-US">Customer [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element892" xlink:to="label892" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="element893" />
        <label xlink:type="resource" xlink:label="label893" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_en-US">Major Types Of Debt And Equity Securities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element893" xlink:to="label893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="element894" />
        <label xlink:type="resource" xlink:label="label894" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_en-US">Major Types of Debt and Equity Securities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element894" xlink:to="label894" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="element895" />
        <label xlink:type="resource" xlink:label="label895" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorPropertyClassAxis_en-US">Major Property Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element895" xlink:to="label895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="element896" />
        <label xlink:type="resource" xlink:label="label896" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorPropertyClassDomain_en-US">Major Property Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element896" xlink:to="label896" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="element897" />
        <label xlink:type="resource" xlink:label="label897" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtSecuritiesDomain_en-US">Major Types of Debt Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element897" xlink:to="label897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="element898" />
        <label xlink:type="resource" xlink:label="label898" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_en-US">Major Types Of Debt And Equity Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element898" xlink:to="label898" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="element899" />
        <label xlink:type="resource" xlink:label="label899" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_en-US">Major Types of Debt and Equity Securities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element899" xlink:to="label899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="element900" />
        <label xlink:type="resource" xlink:label="label900" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MarketableSecuritiesTextBlock_en-US">Marketable Securities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element900" xlink:to="label900" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="element901" />
        <label xlink:type="resource" xlink:label="label901" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MarketableSecuritiesTextBlock_en-US">Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element901" xlink:to="label901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="element902" />
        <label xlink:type="resource" xlink:label="label902" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MaximumMember_en-US">Maximum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element902" xlink:to="label902" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="element903" />
        <label xlink:type="resource" xlink:label="label903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MaximumMember_en-US">Maximum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element903" xlink:to="label903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="element904" />
        <label xlink:type="resource" xlink:label="label904" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MediumTermNotesMember_en-US">Medium Term Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element904" xlink:to="label904" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="element905" />
        <label xlink:type="resource" xlink:label="label905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MediumTermNotesMember_en-US">Medium-term Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element905" xlink:to="label905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element906" />
        <label xlink:type="resource" xlink:label="label906" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MediumTermNotes_en-US">Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element906" xlink:to="label906" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element907" />
        <label xlink:type="resource" xlink:label="label907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MediumTermNotes_en-US">Medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element907" xlink:to="label907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="element908" />
        <label xlink:type="resource" xlink:label="label908" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_MediumTermNotes_en-US">Medium-term notes (includes financial instruments carried at fair value of $115 and $101)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element908" xlink:to="label908" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="element909" />
        <label xlink:type="resource" xlink:label="label909" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinimumMember_en-US">Minimum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element909" xlink:to="label909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="element910" />
        <label xlink:type="resource" xlink:label="label910" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MinimumMember_en-US">Minimum [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element910" xlink:to="label910" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="element911" />
        <label xlink:type="resource" xlink:label="label911" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinorityInterestDecreaseFromRedemptions_en-US">MinorityInterestChangeInRedemptionValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element911" xlink:to="label911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="element912" />
        <label xlink:type="resource" xlink:label="label912" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_MinorityInterestDecreaseFromRedemptions_en-US">Change in noncontrolling interest in subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element912" xlink:to="label912" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="element913" />
        <label xlink:type="resource" xlink:label="label913" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinorityInterestPeriodIncreaseDecrease_en-US">Minority Interest Period Increase Decrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element913" xlink:to="label913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="element914" />
        <label xlink:type="resource" xlink:label="label914" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MinorityInterestPeriodIncreaseDecrease_en-US">Change in noncontrolling interest in subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element914" xlink:to="label914" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestAmountRepresentedByPreferredStock" xlink:label="element915" />
        <label xlink:type="resource" xlink:label="label915" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_en-US">MinorityInterestAmountRepresentedByPreferredStock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element915" xlink:to="label915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestAmountRepresentedByPreferredStock" xlink:label="element916" />
        <label xlink:type="resource" xlink:label="label916" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_en-US">Preferred stock of subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element916" xlink:to="label916" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="element917" />
        <label xlink:type="resource" xlink:label="label917" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_MortgageBackedSecuritiesMember_en-US">Mortgage-backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element917" xlink:to="label917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="element918" />
        <label xlink:type="resource" xlink:label="label918" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NameOfMajorCustomerDomain_en-US">Customer [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element918" xlink:to="label918" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="element919" />
        <label xlink:type="resource" xlink:label="label919" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NatureOfOperations_en-US">Nature Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element919" xlink:to="label919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="element920" />
        <label xlink:type="resource" xlink:label="label920" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NatureOfOperations_en-US">Business Developments and Risks and Uncertainties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element920" xlink:to="label920" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="element921" />
        <label xlink:type="resource" xlink:label="label921" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Financing Activities Continuing Opeations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element921" xlink:to="label921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="element922" />
        <label xlink:type="resource" xlink:label="label922" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_en-US">Cash flows from financing activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element922" xlink:to="label922" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="element923" />
        <label xlink:type="resource" xlink:label="label923" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Investing Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element923" xlink:to="label923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="element924" />
        <label xlink:type="resource" xlink:label="label924" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_en-US">Net cash provided (used) by investing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element924" xlink:to="label924" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="element925" />
        <label xlink:type="resource" xlink:label="label925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_en-US">Net cash provided (used) by investing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element925" xlink:to="label925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="element926" />
        <label xlink:type="resource" xlink:label="label926" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Operating Activities Continuing Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element926" xlink:to="label926" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="element927" />
        <label xlink:type="resource" xlink:label="label927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_en-US">Cash flows from operating activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element927" xlink:to="label927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="element928" />
        <label xlink:type="resource" xlink:label="label928" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Financing Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element928" xlink:to="label928" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="element929" />
        <label xlink:type="resource" xlink:label="label929" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_en-US">Net cash provided (used) by financing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element929" xlink:to="label929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="element930" />
        <label xlink:type="resource" xlink:label="label930" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_en-US">Net cash provided (used) by financing activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element930" xlink:to="label930" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="element931" />
        <label xlink:type="resource" xlink:label="label931" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_en-US">Net Cash Provided By Used In Operating Activities Continuing Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element931" xlink:to="label931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="element932" />
        <label xlink:type="resource" xlink:label="label932" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_en-US">Net cash provided (used) by operating activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element932" xlink:to="label932" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="element933" />
        <label xlink:type="resource" xlink:label="label933" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_en-US">Net cash provided (used) by operating activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element933" xlink:to="label933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="element934" />
        <label xlink:type="resource" xlink:label="label934" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_en-US">Net Cash Provided By Used In Investing Activities Continuing Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element934" xlink:to="label934" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="element935" />
        <label xlink:type="resource" xlink:label="label935" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_en-US">Cash flows from investing activities:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element935" xlink:to="label935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element936" />
        <label xlink:type="resource" xlink:label="label936" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLoss_en-US">Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element936" xlink:to="label936" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element937" />
        <label xlink:type="resource" xlink:label="label937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element937" xlink:to="label937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element938" />
        <label xlink:type="resource" xlink:label="label938" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element938" xlink:to="label938" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element939" />
        <label xlink:type="resource" xlink:label="label939" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_NetIncomeLoss_en-US">Net income (loss) available to common shareholders - basic and diluted, as reported</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element939" xlink:to="label939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="element940" />
        <label xlink:type="resource" xlink:label="label940" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_NetIncomeLoss_en-US">Net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element940" xlink:to="label940" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="element941" />
        <label xlink:type="resource" xlink:label="label941" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetInvestmentIncome_en-US">Net Investment Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element941" xlink:to="label941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="element942" />
        <label xlink:type="resource" xlink:label="label942" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetInvestmentIncome_en-US">Net investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element942" xlink:to="label942" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element943" />
        <label xlink:type="resource" xlink:label="label943" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">NetIncomeLossAvailableToCommonStockholdersDiluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element943" xlink:to="label943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element944" />
        <label xlink:type="resource" xlink:label="label944" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element944" xlink:to="label944" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="element945" />
        <label xlink:type="resource" xlink:label="label945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_en-US">Net income (loss) available to common stockholders - diluted, as revised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element945" xlink:to="label945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element946" />
        <label xlink:type="resource" xlink:label="label946" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element946" xlink:to="label946" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element947" />
        <label xlink:type="resource" xlink:label="label947" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element947" xlink:to="label947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="element948" />
        <label xlink:type="resource" xlink:label="label948" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_en-US">Net income (loss) available to common stockholders - basic, as revised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element948" xlink:to="label948" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="element949" />
        <label xlink:type="resource" xlink:label="label949" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_en-US">New Accounting Pronouncements Policy Policy [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element949" xlink:to="label949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="element950" />
        <label xlink:type="resource" xlink:label="label950" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_en-US">Recently Adopted Accounting Standards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element950" xlink:to="label950" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="element951" />
        <label xlink:type="resource" xlink:label="label951" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_en-US">New Accounting Pronouncements And Changes In Accounting Principles [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element951" xlink:to="label951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="element952" />
        <label xlink:type="resource" xlink:label="label952" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_en-US">Recent Accounting Pronouncements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element952" xlink:to="label952" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1" xlink:label="element953" />
        <label xlink:type="resource" xlink:label="label953" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1_en-US">NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element953" xlink:to="label953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1" xlink:label="element954" />
        <label xlink:type="resource" xlink:label="label954" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1_en-US">Non-cash consideration received from the sale of MBIA UK Insurance Limited</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element954" xlink:to="label954" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="element955" />
        <label xlink:type="resource" xlink:label="label955" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NotesPayableFairValueDisclosure_en-US">Notes Payable Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element955" xlink:to="label955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="element956" />
        <label xlink:type="resource" xlink:label="label956" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NotesPayableFairValueDisclosure_en-US">Medium-term notes, financial instruments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element956" xlink:to="label956" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="element957" />
        <label xlink:type="resource" xlink:label="label957" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NotesPayable_en-US">Notes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element957" xlink:to="label957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="element958" />
        <label xlink:type="resource" xlink:label="label958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NotesPayable_en-US">Variable interest entity notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element958" xlink:to="label958" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="element959" />
        <label xlink:type="resource" xlink:label="label959" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_NotesPayable_en-US">Variable interest entity notes (includes financial instruments carried at fair value of $1,069 and $1,351)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element959" xlink:to="label959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="element960" />
        <label xlink:type="resource" xlink:label="label960" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NumberOfOperatingSegments_en-US">Number of operating segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element960" xlink:to="label960" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="element961" />
        <label xlink:type="resource" xlink:label="label961" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NumberOfOperatingSegments_en-US">Number of operating segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element961" xlink:to="label961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="element962" />
        <label xlink:type="resource" xlink:label="label962" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_DeconsolidationGainOrLossAmount_en-US">Deconsolidation Gain Or Loss Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element962" xlink:to="label962" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="element963" />
        <label xlink:type="resource" xlink:label="label963" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_DeconsolidationGainOrLossAmount_en-US">Net realized gains (losses) related to deconsolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element963" xlink:to="label963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="element964" />
        <label xlink:type="resource" xlink:label="label964" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_NondesignatedMember_en-US">Nondesignated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element964" xlink:to="label964" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="element965" />
        <label xlink:type="resource" xlink:label="label965" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_NondesignatedMember_en-US">Not Designated as Hedging Instrument [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element965" xlink:to="label965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OfficerMember" xlink:label="element966" />
        <label xlink:type="resource" xlink:label="label966" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OfficerMember_en-US">Officer [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element966" xlink:to="label966" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OfficerMember" xlink:label="element967" />
        <label xlink:type="resource" xlink:label="label967" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OfficerMember_en-US">Proxy Officers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element967" xlink:to="label967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="element968" />
        <label xlink:type="resource" xlink:label="label968" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_en-US">Operating leases future minimum payments due</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element968" xlink:to="label968" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="element969" />
        <label xlink:type="resource" xlink:label="label969" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingExpensesAbstract_en-US">Operating Expenses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element969" xlink:to="label969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="element970" />
        <label xlink:type="resource" xlink:label="label970" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingExpensesAbstract_en-US">Expenses:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element970" xlink:to="label970" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="element971" />
        <label xlink:type="resource" xlink:label="label971" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingExpenses_en-US">Operating Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element971" xlink:to="label971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="element972" />
        <label xlink:type="resource" xlink:label="label972" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingExpenses_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element972" xlink:to="label972" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="element973" />
        <label xlink:type="resource" xlink:label="label973" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingSegmentsMember_en-US">Operating Segments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element973" xlink:to="label973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="element974" />
        <label xlink:type="resource" xlink:label="label974" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OperatingLossCarryforwards_en-US">Operating Loss Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element974" xlink:to="label974" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="element975" />
        <label xlink:type="resource" xlink:label="label975" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OperatingLossCarryforwards_en-US">NOL carryforward</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element975" xlink:to="label975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="element976" />
        <label xlink:type="resource" xlink:label="label976" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OptionIndexedToIssuersEquityTypeDomain_en-US">Option Indexed to Issuer's Equity, Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element976" xlink:to="label976" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="element977" />
        <label xlink:type="resource" xlink:label="label977" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OptionIndexedToIssuersEquityTypeAxis_en-US">Option Indexed to Issuer's Equity, Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element977" xlink:to="label977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="element978" />
        <label xlink:type="resource" xlink:label="label978" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCurrentAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element978" xlink:to="label978" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="element979" />
        <label xlink:type="resource" xlink:label="label979" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCurrentAssetsMember_en-US">Other Current Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element979" xlink:to="label979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element980" />
        <label xlink:type="resource" xlink:label="label980" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale Of Securities Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element980" xlink:to="label980" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element981" />
        <label xlink:type="resource" xlink:label="label981" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element981" xlink:to="label981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element982" />
        <label xlink:type="resource" xlink:label="label982" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Less: Reclassification adjustments for (gains) losses included in net income (loss), net of tax of $29, $16 and $77</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element982" xlink:to="label982" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element983" />
        <label xlink:type="resource" xlink:label="label983" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element983" xlink:to="label983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="element984" />
        <label xlink:type="resource" xlink:label="label984" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element984" xlink:to="label984" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="element985" />
        <label xlink:type="resource" xlink:label="label985" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_en-US">OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element985" xlink:to="label985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="element986" />
        <label xlink:type="resource" xlink:label="label986" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_en-US">Other comprehensive income (loss) before reclassification</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element986" xlink:to="label986" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="element987" />
        <label xlink:type="resource" xlink:label="label987" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_en-US">Change in fair value of derivative instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element987" xlink:to="label987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element988" />
        <label xlink:type="resource" xlink:label="label988" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale Of Securities Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element988" xlink:to="label988" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element989" />
        <label xlink:type="resource" xlink:label="label989" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element989" xlink:to="label989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="element990" />
        <label xlink:type="resource" xlink:label="label990" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element990" xlink:to="label990" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="element991" />
        <label xlink:type="resource" xlink:label="label991" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element991" xlink:to="label991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="element992" />
        <label xlink:type="resource" xlink:label="label992" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element992" xlink:to="label992" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element993" />
        <label xlink:type="resource" xlink:label="label993" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Reclassification adjustments for (gains) losses, tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element993" xlink:to="label993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element994" />
        <label xlink:type="resource" xlink:label="label994" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element994" xlink:to="label994" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="element995" />
        <label xlink:type="resource" xlink:label="label995" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element995" xlink:to="label995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="element996" />
        <label xlink:type="resource" xlink:label="label996" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element996" xlink:to="label996" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="element997" />
        <label xlink:type="resource" xlink:label="label997" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element997" xlink:to="label997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="element998" />
        <label xlink:type="resource" xlink:label="label998" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_en-US">Type of Deferred Compensation, All Types [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element998" xlink:to="label998" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element999" />
        <label xlink:type="resource" xlink:label="label999" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element999" xlink:to="label999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element1000" />
        <label xlink:type="resource" xlink:label="label1000" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1000" xlink:to="label1000" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="element1001" />
        <label xlink:type="resource" xlink:label="label1001" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1001" xlink:to="label1001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="element1002" />
        <label xlink:type="resource" xlink:label="label1002" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_en-US">Change in foreign currency translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1002" xlink:to="label1002" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="element1003" />
        <label xlink:type="resource" xlink:label="label1003" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCurrentLiabilitiesMember_en-US">Other Current Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1003" xlink:to="label1003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="element1004" />
        <label xlink:type="resource" xlink:label="label1004" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCurrentLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1004" xlink:to="label1004" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element1005" />
        <label xlink:type="resource" xlink:label="label1005" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherNoncashIncomeExpense_en-US">Other Noncash Income Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1005" xlink:to="label1005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element1006" />
        <label xlink:type="resource" xlink:label="label1006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherNoncashIncomeExpense_en-US">Other operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1006" xlink:to="label1006" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="element1007" />
        <label xlink:type="resource" xlink:label="label1007" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherNoncashIncomeExpense_en-US">Other operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1007" xlink:to="label1007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" xlink:label="element1008" />
        <label xlink:type="resource" xlink:label="label1008" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_en-US">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Previously Impaired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1008" xlink:to="label1008" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="element1009" />
        <label xlink:type="resource" xlink:label="label1009" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_en-US">Other Than Temporary Impairment Credit Losses Recognized In Earnings Categories Of Investments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1009" xlink:to="label1009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="element1010" />
        <label xlink:type="resource" xlink:label="label1010" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_en-US">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Categories of Investments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1010" xlink:to="label1010" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="element1011" />
        <label xlink:type="resource" xlink:label="label1011" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_en-US">Other than temporary impairment credit lossesfor available for sale securities rollforward [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1011" xlink:to="label1011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="element1012" />
        <label xlink:type="resource" xlink:label="label1012" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherCreditDerivativesMember_en-US">Other Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1012" xlink:to="label1012" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="element1013" />
        <label xlink:type="resource" xlink:label="label1013" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherCreditDerivativesMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1013" xlink:to="label1013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="element1014" />
        <label xlink:type="resource" xlink:label="label1014" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_en-US">Reductions For Increases In Cash Flows Expected To Be Collected Over The Remaining Life Of The Security</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1014" xlink:to="label1014" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="element1015" />
        <label xlink:type="resource" xlink:label="label1015" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_en-US">Reductions For Increases In Cash Flows Expected To Be Collected Over The Remaining Life Of The Security</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1015" xlink:to="label1015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="element1016" />
        <label xlink:type="resource" xlink:label="label1016" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_en-US">Other Than Temporary Impairment Losses Investments Availableforsale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1016" xlink:to="label1016" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="element1017" />
        <label xlink:type="resource" xlink:label="label1017" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_en-US">Investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1017" xlink:to="label1017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="element1018" />
        <label xlink:type="resource" xlink:label="label1018" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_en-US">Change in other-than-temporary impairment losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1018" xlink:to="label1018" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="element1019" />
        <label xlink:type="resource" xlink:label="label1019" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_en-US">Change in AFS securities with OTTI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1019" xlink:to="label1019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="element1020" />
        <label xlink:type="resource" xlink:label="label1020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_en-US">Change in AFS securities with OTTI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1020" xlink:to="label1020" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element1021" />
        <label xlink:type="resource" xlink:label="label1021" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1021" xlink:to="label1021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element1022" />
        <label xlink:type="resource" xlink:label="label1022" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">Beginning Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1022" xlink:to="label1022" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="element1023" />
        <label xlink:type="resource" xlink:label="label1023" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_en-US">Ending Balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1023" xlink:to="label1023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="element1024" />
        <label xlink:type="resource" xlink:label="label1024" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_en-US">Other Than Temporary Impairment Losses Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1024" xlink:to="label1024" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="element1025" />
        <label xlink:type="resource" xlink:label="label1025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_en-US">Net investment losses related to other-than-temporary impairments:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1025" xlink:to="label1025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="element1026" />
        <label xlink:type="resource" xlink:label="label1026" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_en-US">Other-than-temporary impairments on available-for-sale securities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1026" xlink:to="label1026" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="element1027" />
        <label xlink:type="resource" xlink:label="label1027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_en-US">Available-for-sale securities with other-than-temporary impairments: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1027" xlink:to="label1027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="element1028" />
        <label xlink:type="resource" xlink:label="label1028" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities impaired To Fair Value During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1028" xlink:to="label1028" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="element1029" />
        <label xlink:type="resource" xlink:label="label1029" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Impaired To Fair Value During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1029" xlink:to="label1029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="element1030" />
        <label xlink:type="resource" xlink:label="label1030" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_en-US">Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1030" xlink:to="label1030" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="element1031" />
        <label xlink:type="resource" xlink:label="label1031" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_en-US">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1031" xlink:to="label1031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="element1032" />
        <label xlink:type="resource" xlink:label="label1032" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_en-US">Other Than Temporary Impairment Credit Losses Recognized In Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1032" xlink:to="label1032" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="element1033" />
        <label xlink:type="resource" xlink:label="label1033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_en-US">Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1033" xlink:to="label1033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element1034" />
        <label xlink:type="resource" xlink:label="label1034" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1034" xlink:to="label1034" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element1035" />
        <label xlink:type="resource" xlink:label="label1035" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1035" xlink:to="label1035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element1036" />
        <label xlink:type="resource" xlink:label="label1036" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1036" xlink:to="label1036" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="element1037" />
        <label xlink:type="resource" xlink:label="label1037" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1037" xlink:to="label1037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="element1038" />
        <label xlink:type="resource" xlink:label="label1038" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1038" xlink:to="label1038" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="element1039" />
        <label xlink:type="resource" xlink:label="label1039" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_en-US">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1039" xlink:to="label1039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" xlink:label="element1040" />
        <label xlink:type="resource" xlink:label="label1040" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_en-US">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Not Previous Impaired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1040" xlink:to="label1040" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="element1041" />
        <label xlink:type="resource" xlink:label="label1041" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAssets_en-US">Other Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1041" xlink:to="label1041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="element1042" />
        <label xlink:type="resource" xlink:label="label1042" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherAssets_en-US">Other assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1042" xlink:to="label1042" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element1043" />
        <label xlink:type="resource" xlink:label="label1043" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1043" xlink:to="label1043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element1044" />
        <label xlink:type="resource" xlink:label="label1044" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Unrealized gains (losses), tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1044" xlink:to="label1044" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="element1045" />
        <label xlink:type="resource" xlink:label="label1045" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1045" xlink:to="label1045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element1046" />
        <label xlink:type="resource" xlink:label="label1046" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1046" xlink:to="label1046" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element1047" />
        <label xlink:type="resource" xlink:label="label1047" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xml:lang="en-US" id="positive_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1047" xlink:to="label1047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element1048" />
        <label xlink:type="resource" xlink:label="label1048" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Unrealized gains (losses) arising during the period, net of tax of $35, $60 and $93</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1048" xlink:to="label1048" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element1049" />
        <label xlink:type="resource" xlink:label="label1049" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1049" xlink:to="label1049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="element1050" />
        <label xlink:type="resource" xlink:label="label1050" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_en-US">Unrealized gains (losses) arising during the period, net of tax of $71, $96 and $10</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1050" xlink:to="label1050" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element1051" />
        <label xlink:type="resource" xlink:label="label1051" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1051" xlink:to="label1051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element1052" />
        <label xlink:type="resource" xlink:label="label1052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Foreign currency translation, tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1052" xlink:to="label1052" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="element1053" />
        <label xlink:type="resource" xlink:label="label1053" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1053" xlink:to="label1053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="element1054" />
        <label xlink:type="resource" xlink:label="label1054" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_en-US">OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1054" xlink:to="label1054" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="element1055" />
        <label xlink:type="resource" xlink:label="label1055" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_en-US">Unrealized gains (losses) arising during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1055" xlink:to="label1055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="element1056" />
        <label xlink:type="resource" xlink:label="label1056" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_en-US">Foreign currency translation: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1056" xlink:to="label1056" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="element1057" />
        <label xlink:type="resource" xlink:label="label1057" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_en-US">OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1057" xlink:to="label1057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="element1058" />
        <label xlink:type="resource" xlink:label="label1058" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_en-US">Foreign currency translation gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1058" xlink:to="label1058" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element1059" />
        <label xlink:type="resource" xlink:label="label1059" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1059" xlink:to="label1059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element1060" />
        <label xlink:type="resource" xlink:label="label1060" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1060" xlink:to="label1060" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element1061" />
        <label xlink:type="resource" xlink:label="label1061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Foreign currency translation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1061" xlink:to="label1061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="element1062" />
        <label xlink:type="resource" xlink:label="label1062" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_en-US">Foreign currency translation gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1062" xlink:to="label1062" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="element1063" />
        <label xlink:type="resource" xlink:label="label1063" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherIncome_en-US">Other Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1063" xlink:to="label1063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="element1064" />
        <label xlink:type="resource" xlink:label="label1064" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherIncome_en-US">Other net realized gains (losses)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1064" xlink:to="label1064" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="element1065" />
        <label xlink:type="resource" xlink:label="label1065" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLongTermInvestmentsMember_en-US">Other Long Term Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1065" xlink:to="label1065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="element1066" />
        <label xlink:type="resource" xlink:label="label1066" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLongTermInvestmentsMember_en-US">Total Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1066" xlink:to="label1066" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="element1067" />
        <label xlink:type="resource" xlink:label="label1067" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLiabilities_en-US">Other Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1067" xlink:to="label1067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="element1068" />
        <label xlink:type="resource" xlink:label="label1068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLiabilities_en-US">Other liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1068" xlink:to="label1068" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="element1069" />
        <label xlink:type="resource" xlink:label="label1069" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1069" xlink:to="label1069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="element1070" />
        <label xlink:type="resource" xlink:label="label1070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherAssetsMember_en-US">Other Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1070" xlink:to="label1070" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="element1071" />
        <label xlink:type="resource" xlink:label="label1071" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherAssetsMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1071" xlink:to="label1071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="element1072" />
        <label xlink:type="resource" xlink:label="label1072" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherAggregatedInvestmentsMember_en-US">Other Aggregated Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1072" xlink:to="label1072" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="element1073" />
        <label xlink:type="resource" xlink:label="label1073" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1073" xlink:to="label1073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="element1074" />
        <label xlink:type="resource" xlink:label="label1074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherLiabilitiesMember_en-US">Other Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1074" xlink:to="label1074" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="element1075" />
        <label xlink:type="resource" xlink:label="label1075" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_en-US">Unrealized gains (losses) on available-for-sale securities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1075" xlink:to="label1075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element1076" />
        <label xlink:type="resource" xlink:label="label1076" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherInvestments_en-US">Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1076" xlink:to="label1076" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element1077" />
        <label xlink:type="resource" xlink:label="label1077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherInvestments_en-US">Other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1077" xlink:to="label1077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="element1078" />
        <label xlink:type="resource" xlink:label="label1078" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherInvestments_en-US">Other investments (includes investments at fair value of $4 and $5)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1078" xlink:to="label1078" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element1079" />
        <label xlink:type="resource" xlink:label="label1079" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1079" xlink:to="label1079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element1080" />
        <label xlink:type="resource" xlink:label="label1080" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Total other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1080" xlink:to="label1080" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element1081" />
        <label xlink:type="resource" xlink:label="label1081" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Total other comprehensive income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1081" xlink:to="label1081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="element1082" />
        <label xlink:type="resource" xlink:label="label1082" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_en-US">Net current period other comprehensive income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1082" xlink:to="label1082" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="element1083" />
        <label xlink:type="resource" xlink:label="label1083" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProductsAndServicesDomain_en-US">Products And Services [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1083" xlink:to="label1083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="element1084" />
        <label xlink:type="resource" xlink:label="label1084" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParentMember_en-US">Parent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1084" xlink:to="label1084" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="element1085" />
        <label xlink:type="resource" xlink:label="label1085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ParentMember_en-US">Total Shareholders' Equity Of MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1085" xlink:to="label1085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="element1086" />
        <label xlink:type="resource" xlink:label="label1086" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParentCompanyMember_en-US">Parent Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1086" xlink:to="label1086" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="element1087" />
        <label xlink:type="resource" xlink:label="label1087" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_en-US">% of Insurance in Force OLD</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1087" xlink:to="label1087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="element1088" />
        <label xlink:type="resource" xlink:label="label1088" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ParticipatingPoliciesAmountInForce_en-US">Insurance in Force OLD</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1088" xlink:to="label1088" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="element1089" />
        <label xlink:type="resource" xlink:label="label1089" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromShortTermInvestments_en-US">Payments For Proceeds From Short Term Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1089" xlink:to="label1089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="element1090" />
        <label xlink:type="resource" xlink:label="label1090" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromShortTermInvestments_en-US">Sales, paydowns and maturities (purchases) of short-term investments, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1090" xlink:to="label1090" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="element1091" />
        <label xlink:type="resource" xlink:label="label1091" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_en-US">Payments For Losses And Loss Adjustment Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1091" xlink:to="label1091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="element1092" />
        <label xlink:type="resource" xlink:label="label1092" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_en-US">Financial guarantee losses and loss adjustment expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1092" xlink:to="label1092" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="element1093" />
        <label xlink:type="resource" xlink:label="label1093" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_en-US">PaymentsForProceedsFromOtherInvestingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1093" xlink:to="label1093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="element1094" />
        <label xlink:type="resource" xlink:label="label1094" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_en-US">Other investing</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1094" xlink:to="label1094" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="element1095" />
        <label xlink:type="resource" xlink:label="label1095" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_en-US">Tax charge related to share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1095" xlink:to="label1095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="element1096" />
        <label xlink:type="resource" xlink:label="label1096" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_en-US">Payments For Proceeds From Derivative Instrument Investing Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1096" xlink:to="label1096" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="element1097" />
        <label xlink:type="resource" xlink:label="label1097" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_en-US">(Payments) proceeds for derivative settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1097" xlink:to="label1097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1098" />
        <label xlink:type="resource" xlink:label="label1098" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForOperatingActivities_en-US">Payments For Operating Activities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1098" xlink:to="label1098" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1099" />
        <label xlink:type="resource" xlink:label="label1099" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForOperatingActivities_en-US">Operating and employee related expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1099" xlink:to="label1099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="element1100" />
        <label xlink:type="resource" xlink:label="label1100" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xml:lang="en-US" id="NegatedTerse_us-gaap_PaymentsForOperatingActivities_en-US">Operating expenses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1100" xlink:to="label1100" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="element1101" />
        <label xlink:type="resource" xlink:label="label1101" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_en-US">PaymentsToAcquireTradingSecuritiesHeldforinvestment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1101" xlink:to="label1101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="element1102" />
        <label xlink:type="resource" xlink:label="label1102" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_en-US">Purchases of investments at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1102" xlink:to="label1102" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="element1103" />
        <label xlink:type="resource" xlink:label="label1103" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_en-US">Payments To Acquire Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1103" xlink:to="label1103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="element1104" />
        <label xlink:type="resource" xlink:label="label1104" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_en-US">Purchases of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1104" xlink:to="label1104" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForReinsurance" xlink:label="element1105" />
        <label xlink:type="resource" xlink:label="label1105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForReinsurance_en-US">Payments For Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1105" xlink:to="label1105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForReinsurance" xlink:label="element1106" />
        <label xlink:type="resource" xlink:label="label1106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PaymentsForReinsurance_en-US">Salvage payments for reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1106" xlink:to="label1106" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="element1107" />
        <label xlink:type="resource" xlink:label="label1107" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireLoansReceivable_en-US">PaymentsToAcquireLoansReceivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1107" xlink:to="label1107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="element1108" />
        <label xlink:type="resource" xlink:label="label1108" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireLoansReceivable_en-US">Purchases of loans at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1108" xlink:to="label1108" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="element1109" />
        <label xlink:type="resource" xlink:label="label1109" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_en-US">Purchase of non-controlling interest in an affiliate, net of cash received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1109" xlink:to="label1109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="element1110" />
        <label xlink:type="resource" xlink:label="label1110" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_en-US">Purchase of non-controlling interest in an affiliate, net of cash received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1110" xlink:to="label1110" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="element1111" />
        <label xlink:type="resource" xlink:label="label1111" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_en-US">Purchase of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1111" xlink:to="label1111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="element1112" />
        <label xlink:type="resource" xlink:label="label1112" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_en-US">Purchase of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1112" xlink:to="label1112" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="element1113" />
        <label xlink:type="resource" xlink:label="label1113" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsOfDividends_en-US">Dividends paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1113" xlink:to="label1113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="element1114" />
        <label xlink:type="resource" xlink:label="label1114" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsOfDividends_en-US">Dividends paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1114" xlink:to="label1114" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="element1115" />
        <label xlink:type="resource" xlink:label="label1115" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsForRepurchaseOfCommonStock_en-US">Payments For Repurchase Of Common Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1115" xlink:to="label1115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="element1116" />
        <label xlink:type="resource" xlink:label="label1116" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsForRepurchaseOfCommonStock_en-US">Purchases of treasury stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1116" xlink:to="label1116" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="element1117" />
        <label xlink:type="resource" xlink:label="label1117" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquireOtherInvestments_en-US">Payments To Acquire Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1117" xlink:to="label1117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="element1118" />
        <label xlink:type="resource" xlink:label="label1118" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquireOtherInvestments_en-US">Purchases of other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1118" xlink:to="label1118" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="element1119" />
        <label xlink:type="resource" xlink:label="label1119" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToMinorityShareholders_en-US">Payments To Minority Shareholders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1119" xlink:to="label1119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="element1120" />
        <label xlink:type="resource" xlink:label="label1120" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToMinorityShareholders_en-US">Change in noncontrolling interest and (purchase)/redemption of subsidiary preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1120" xlink:to="label1120" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="element1121" />
        <label xlink:type="resource" xlink:label="label1121" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_en-US">Payments To Acquire Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1121" xlink:to="label1121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="element1122" />
        <label xlink:type="resource" xlink:label="label1122" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_en-US">Capital expenditures</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1122" xlink:to="label1122" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionExpense" xlink:label="element1123" />
        <label xlink:type="resource" xlink:label="label1123" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PensionExpense_en-US">Pension expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1123" xlink:to="label1123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="element1124" />
        <label xlink:type="resource" xlink:label="label1124" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_en-US">Pension And Profit Sharing Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1124" xlink:to="label1124" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="element1125" />
        <label xlink:type="resource" xlink:label="label1125" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PensionPlansDefinedBenefitMember_en-US">Defined contribution pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1125" xlink:to="label1125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1126" />
        <label xlink:type="resource" xlink:label="label1126" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Policyholder Benefits And Claims Incurred Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1126" xlink:to="label1126" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1127" />
        <label xlink:type="resource" xlink:label="label1127" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Policyholder (Benefits) And Claims Incurred Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1127" xlink:to="label1127" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1128" />
        <label xlink:type="resource" xlink:label="label1128" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Losses and LAE</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1128" xlink:to="label1128" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="element1129" />
        <label xlink:type="resource" xlink:label="label1129" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_en-US">Losses and loss adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1129" xlink:to="label1129" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="element1130" />
        <label xlink:type="resource" xlink:label="label1130" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PortionAtFairValueFairValueDisclosureMember_en-US">Fair Value Disclosure Item Amounts [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1130" xlink:to="label1130" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="element1131" />
        <label xlink:type="resource" xlink:label="label1131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PortionAtFairValueFairValueDisclosureMember_en-US">Fair Value, Disclosure Item Amounts [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1131" xlink:to="label1131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="element1132" />
        <label xlink:type="resource" xlink:label="label1132" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockLiquidationPreference_en-US">Preferred stock liquidation preference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1132" xlink:to="label1132" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1133" />
        <label xlink:type="resource" xlink:label="label1133" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesIssued_en-US">Preferred stock shares issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1133" xlink:to="label1133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1134" />
        <label xlink:type="resource" xlink:label="label1134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesIssued_en-US">Preferred stock, issued</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1134" xlink:to="label1134" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1135" />
        <label xlink:type="resource" xlink:label="label1135" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_PreferredStockSharesIssued_en-US">Balance (in preferred stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1135" xlink:to="label1135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="element1136" />
        <label xlink:type="resource" xlink:label="label1136" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_PreferredStockSharesIssued_en-US">Balance (in preferred stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1136" xlink:to="label1136" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="element1137" />
        <label xlink:type="resource" xlink:label="label1137" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockMember_en-US">Preferred Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1137" xlink:to="label1137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="element1138" />
        <label xlink:type="resource" xlink:label="label1138" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesAuthorized_en-US">Preferred Stock Shares Authorized</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1138" xlink:to="label1138" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="element1139" />
        <label xlink:type="resource" xlink:label="label1139" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesAuthorized_en-US">Preferred stock, authorized shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1139" xlink:to="label1139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="element1140" />
        <label xlink:type="resource" xlink:label="label1140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockParOrStatedValuePerShare_en-US">Preferred Stock Par Or Stated Value Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1140" xlink:to="label1140" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="element1141" />
        <label xlink:type="resource" xlink:label="label1141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockParOrStatedValuePerShare_en-US">Preferred stock, par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1141" xlink:to="label1141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="element1142" />
        <label xlink:type="resource" xlink:label="label1142" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockSharesOutstanding_en-US">Preferred stock shares outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1142" xlink:to="label1142" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="element1143" />
        <label xlink:type="resource" xlink:label="label1143" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockSharesOutstanding_en-US">Preferred stock, outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1143" xlink:to="label1143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="element1144" />
        <label xlink:type="resource" xlink:label="label1144" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockValueOutstanding_en-US">Preferred stock, carrying value issued and outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1144" xlink:to="label1144" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="element1145" />
        <label xlink:type="resource" xlink:label="label1145" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PreferredStockValue_en-US">Preferred Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1145" xlink:to="label1145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="element1146" />
        <label xlink:type="resource" xlink:label="label1146" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PreferredStockValue_en-US">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1146" xlink:to="label1146" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1147" />
        <label xlink:type="resource" xlink:label="label1147" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable At Carrying Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1147" xlink:to="label1147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1148" />
        <label xlink:type="resource" xlink:label="label1148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1148" xlink:to="label1148" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1149" />
        <label xlink:type="resource" xlink:label="label1149" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable, Beginning balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1149" xlink:to="label1149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="element1150" />
        <label xlink:type="resource" xlink:label="label1150" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_PremiumsReceivableAtCarryingValue_en-US">Premiums Receivable, Ending balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1150" xlink:to="label1150" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="element1151" />
        <label xlink:type="resource" xlink:label="label1151" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1151" xlink:to="label1151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="element1152" />
        <label xlink:type="resource" xlink:label="label1152" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_en-US">Scheduled premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1152" xlink:to="label1152" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="element1153" />
        <label xlink:type="resource" xlink:label="label1153" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsWrittenNet_en-US">Net Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1153" xlink:to="label1153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="element1154" />
        <label xlink:type="resource" xlink:label="label1154" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PremiumsWrittenNet_en-US">Net Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1154" xlink:to="label1154" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="element1155" />
        <label xlink:type="resource" xlink:label="label1155" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNetByBusinessAbstract_en-US">Premiums Earned Net By Business [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1155" xlink:to="label1155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="element1156" />
        <label xlink:type="resource" xlink:label="label1156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PremiumsEarnedNetByBusinessAbstract_en-US">Premiums earned:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1156" xlink:to="label1156" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableMember" xlink:label="element1157" />
        <label xlink:type="resource" xlink:label="label1157" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsReceivableMember_en-US">Premiums Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1157" xlink:to="label1157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="element1158" />
        <label xlink:type="resource" xlink:label="label1158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PremiumsEarnedNet_en-US">Premiums Earned Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1158" xlink:to="label1158" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="element1159" />
        <label xlink:type="resource" xlink:label="label1159" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_PremiumsEarnedNet_en-US">Premiums earned (net of ceded premiums of $6, $7 and $9)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1159" xlink:to="label1159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="element1160" />
        <label xlink:type="resource" xlink:label="label1160" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_en-US">ProceedsFromPaymentsForOtherFinancingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1160" xlink:to="label1160" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="element1161" />
        <label xlink:type="resource" xlink:label="label1161" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_en-US">Other financing</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1161" xlink:to="label1161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="element1162" />
        <label xlink:type="resource" xlink:label="label1162" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_en-US">ProceedsFromSaleOfTradingSecuritiesHeldforinvestment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1162" xlink:to="label1162" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="element1163" />
        <label xlink:type="resource" xlink:label="label1163" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_en-US">Sales, paydowns and maturities of investments at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1163" xlink:to="label1163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1164" />
        <label xlink:type="resource" xlink:label="label1164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_en-US">Proceeds From Payments For In Securities Sold Under Agreements To Repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1164" xlink:to="label1164" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1165" />
        <label xlink:type="resource" xlink:label="label1165" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_en-US">Payments for securities sold under agreements to repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1165" xlink:to="label1165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="element1166" />
        <label xlink:type="resource" xlink:label="label1166" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_en-US">ProceedsFromSaleOfOtherAssetsInvestingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1166" xlink:to="label1166" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="element1167" />
        <label xlink:type="resource" xlink:label="label1167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_en-US">Proceeds from sale of subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1167" xlink:to="label1167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="element1168" />
        <label xlink:type="resource" xlink:label="label1168" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfDebt_en-US">Net proceeds from issuance of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1168" xlink:to="label1168" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="element1169" />
        <label xlink:type="resource" xlink:label="label1169" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfDebt_en-US">Proceeds from long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1169" xlink:to="label1169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="element1170" />
        <label xlink:type="resource" xlink:label="label1170" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_en-US">ProceedsFromIssuanceOfSubordinatedLongTermDebt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1170" xlink:to="label1170" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="element1171" />
        <label xlink:type="resource" xlink:label="label1171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_en-US">Proceeds from subordinated financing</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1171" xlink:to="label1171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="element1172" />
        <label xlink:type="resource" xlink:label="label1172" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromInsurancePremiumsCollected_en-US">Premiums, fees and reimbursements received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1172" xlink:to="label1172" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="element1173" />
        <label xlink:type="resource" xlink:label="label1173" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInsurancePremiumsCollected_en-US">Proceeds From Insurance Premiums Collected</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1173" xlink:to="label1173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="element1174" />
        <label xlink:type="resource" xlink:label="label1174" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromFeesReceived_en-US">Fees and reimbursements received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1174" xlink:to="label1174" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="element1175" />
        <label xlink:type="resource" xlink:label="label1175" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_en-US">Proceeds From Issuance Of Other Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1175" xlink:to="label1175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="element1176" />
        <label xlink:type="resource" xlink:label="label1176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_en-US">Proceeds from investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1176" xlink:to="label1176" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="element1177" />
        <label xlink:type="resource" xlink:label="label1177" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_en-US">Paydowns and maturities of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1177" xlink:to="label1177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="element1178" />
        <label xlink:type="resource" xlink:label="label1178" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_en-US">Proceeds from secured loan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1178" xlink:to="label1178" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="element1179" />
        <label xlink:type="resource" xlink:label="label1179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_en-US">Errors and omissions insurance recoveries received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1179" xlink:to="label1179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="element1180" />
        <label xlink:type="resource" xlink:label="label1180" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_en-US">ProceedsFromInsuranceSettlementOperatingActivities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1180" xlink:to="label1180" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="element1181" />
        <label xlink:type="resource" xlink:label="label1181" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromLegalSettlements_en-US">Amount received on litigation settlement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1181" xlink:to="label1181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="element1182" />
        <label xlink:type="resource" xlink:label="label1182" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromLegalSettlements_en-US">Proceeds from legal settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1182" xlink:to="label1182" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="element1183" />
        <label xlink:type="resource" xlink:label="label1183" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromInterestAndDividendsReceived_en-US">Investment income received</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1183" xlink:to="label1183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:label="element1184" />
        <label xlink:type="resource" xlink:label="label1184" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_en-US">ProceedsFromIssuanceOfSeniorLongTermDebt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1184" xlink:to="label1184" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:label="element1185" />
        <label xlink:type="resource" xlink:label="label1185" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_en-US">Proceeds from Senior Lenders</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1185" xlink:to="label1185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="element1186" />
        <label xlink:type="resource" xlink:label="label1186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_en-US">Proceeds from medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1186" xlink:to="label1186" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="element1187" />
        <label xlink:type="resource" xlink:label="label1187" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_en-US">Proceeds From Issuance Of Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1187" xlink:to="label1187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="element1188" />
        <label xlink:type="resource" xlink:label="label1188" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromNotesPayable_en-US">Proceeds from the MBIA Corp. Financing Facility</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1188" xlink:to="label1188" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="element1189" />
        <label xlink:type="resource" xlink:label="label1189" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromNotesPayable_en-US">ProceedsFromNotesPayable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1189" xlink:to="label1189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="element1190" />
        <label xlink:type="resource" xlink:label="label1190" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromDivestitureOfBusinesses_en-US">ProceedsFromDivestitureOfBusinesses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1190" xlink:to="label1190" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="element1191" />
        <label xlink:type="resource" xlink:label="label1191" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromDivestitureOfBusinesses_en-US">Total expected consideration for sale of MBIA UK</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1191" xlink:to="label1191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="element1192" />
        <label xlink:type="resource" xlink:label="label1192" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_en-US">Sales, paydowns and maturities of held-to-maturity investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1192" xlink:to="label1192" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments" xlink:label="element1193" />
        <label xlink:type="resource" xlink:label="label1193" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_en-US">ProceedsFromSaleAndMaturityOfOtherInvestments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1193" xlink:to="label1193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments" xlink:label="element1194" />
        <label xlink:type="resource" xlink:label="label1194" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_en-US">Sales, paydowns and maturities of other investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1194" xlink:to="label1194" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="element1195" />
        <label xlink:type="resource" xlink:label="label1195" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_en-US">Proceeds From Sale And Collection Of Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1195" xlink:to="label1195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="element1196" />
        <label xlink:type="resource" xlink:label="label1196" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_en-US">Paydowns and maturities of loans receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1196" xlink:to="label1196" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="element1197" />
        <label xlink:type="resource" xlink:label="label1197" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_en-US">Proceeds From Sale Of Available For Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1197" xlink:to="label1197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="element1198" />
        <label xlink:type="resource" xlink:label="label1198" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_en-US">Sales of available-for-sale investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1198" xlink:to="label1198" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="element1199" />
        <label xlink:type="resource" xlink:label="label1199" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_en-US">Disposal of capital assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1199" xlink:to="label1199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="element1200" />
        <label xlink:type="resource" xlink:label="label1200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProceedsFromStockPlans_en-US">Proceeds From Stock Plans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1200" xlink:to="label1200" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="element1201" />
        <label xlink:type="resource" xlink:label="label1201" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ProceedsFromStockPlans_en-US">Restricted stock awards settlements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1201" xlink:to="label1201" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="element1202" />
        <label xlink:type="resource" xlink:label="label1202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ProductOrServiceAxis_en-US">Product Or Service [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1202" xlink:to="label1202" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="element1203" />
        <label xlink:type="resource" xlink:label="label1203" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentUsefulLife_en-US">Property Plant And Equipment Useful Life</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1203" xlink:to="label1203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="element1204" />
        <label xlink:type="resource" xlink:label="label1204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentTypeDomain_en-US">Property Plant And Equipment Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1204" xlink:to="label1204" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="element1205" />
        <label xlink:type="resource" xlink:label="label1205" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_en-US">Property and Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1205" xlink:to="label1205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="element1206" />
        <label xlink:type="resource" xlink:label="label1206" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentAbstract_en-US">Property Plant And Equipment [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1206" xlink:to="label1206" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="element1207" />
        <label xlink:type="resource" xlink:label="label1207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentTextBlock_en-US">Property Plant And Equipment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1207" xlink:to="label1207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="element1208" />
        <label xlink:type="resource" xlink:label="label1208" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentNet_en-US">Property Plant And Equipment Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1208" xlink:to="label1208" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="element1209" />
        <label xlink:type="resource" xlink:label="label1209" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_PropertyPlantAndEquipmentNet_en-US">Property and equipment, at cost (less accumulated depreciation of $88 and $88)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1209" xlink:to="label1209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="element1210" />
        <label xlink:type="resource" xlink:label="label1210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentLineItems_en-US">Property Plant And Equipment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1210" xlink:to="label1210" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="element1211" />
        <label xlink:type="resource" xlink:label="label1211" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_PropertyPlantAndEquipmentByTypeAxis_en-US">Property Plant And Equipment By Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1211" xlink:to="label1211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount" xlink:label="element1212" />
        <label xlink:type="resource" xlink:label="label1212" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount_en-US">Out of Period Adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1212" xlink:to="label1212" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="element1213" />
        <label xlink:type="resource" xlink:label="label1213" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RangeAxis_en-US">Range [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1213" xlink:to="label1213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="element1214" />
        <label xlink:type="resource" xlink:label="label1214" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RangeAxis_en-US">Range [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1214" xlink:to="label1214" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="element1215" />
        <label xlink:type="resource" xlink:label="label1215" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RangeMember_en-US">RangeMember</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1215" xlink:to="label1215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="element1216" />
        <label xlink:type="resource" xlink:label="label1216" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RangeMember_en-US">Range [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1216" xlink:to="label1216" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="element1217" />
        <label xlink:type="resource" xlink:label="label1217" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReceivableTypeDomain_en-US">Receivable Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1217" xlink:to="label1217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="element1218" />
        <label xlink:type="resource" xlink:label="label1218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReceivableTypeDomain_en-US">Receivable Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1218" xlink:to="label1218" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="element1219" />
        <label xlink:type="resource" xlink:label="label1219" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_en-US">Amounts reclassified from AOCI [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1219" xlink:to="label1219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="element1220" />
        <label xlink:type="resource" xlink:label="label1220" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_en-US">Reclassification Out Of Accumulated Other Comprehensive Income [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1220" xlink:to="label1220" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="element1221" />
        <label xlink:type="resource" xlink:label="label1221" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_en-US">Reclassification Out Of Accumulated Other Comprehensive Income [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1221" xlink:to="label1221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1222" />
        <label xlink:type="resource" xlink:label="label1222" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1222" xlink:to="label1222" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1223" />
        <label xlink:type="resource" xlink:label="label1223" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">Amounts reclassified from AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1223" xlink:to="label1223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="element1224" />
        <label xlink:type="resource" xlink:label="label1224" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_en-US">Amounts reclassified from AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1224" xlink:to="label1224" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="element1225" />
        <label xlink:type="resource" xlink:label="label1225" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_en-US">Reclassifications From Aoci [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1225" xlink:to="label1225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="element1226" />
        <label xlink:type="resource" xlink:label="label1226" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_en-US">Reclassifications From AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1226" xlink:to="label1226" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="element1227" />
        <label xlink:type="resource" xlink:label="label1227" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_en-US">Reconciliation Of Operating Profit Loss From Segments To Consolidated [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1227" xlink:to="label1227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="element1228" />
        <label xlink:type="resource" xlink:label="label1228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_en-US">Summary of company's segment results</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1228" xlink:to="label1228" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="element1229" />
        <label xlink:type="resource" xlink:label="label1229" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceReceivablesCaseBasis_en-US">Reinsurance Receivables Case Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1229" xlink:to="label1229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="element1230" />
        <label xlink:type="resource" xlink:label="label1230" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ReinsuranceReceivablesCaseBasis_en-US">Reinsurance recoverable on paid and unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1230" xlink:to="label1230" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments" xlink:label="element1231" />
        <label xlink:type="resource" xlink:label="label1231" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_en-US">Reinsurance recoverables on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1231" xlink:to="label1231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="element1232" />
        <label xlink:type="resource" xlink:label="label1232" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverablesOnPaidLosses_en-US">Reinsurance recoverables on paid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1232" xlink:to="label1232" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="element1233" />
        <label xlink:type="resource" xlink:label="label1233" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsurancePayable_en-US">Reinsurance premiums payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1233" xlink:to="label1233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="element1234" />
        <label xlink:type="resource" xlink:label="label1234" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ReinsuranceRecoverables_en-US">Reinsurance Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1234" xlink:to="label1234" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="element1235" />
        <label xlink:type="resource" xlink:label="label1235" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_en-US">Related Party Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1235" xlink:to="label1235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="element1236" />
        <label xlink:type="resource" xlink:label="label1236" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RelatedPartyTransactionsAbstract_en-US">Related Party Transactions [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1236" xlink:to="label1236" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="element1237" />
        <label xlink:type="resource" xlink:label="label1237" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfLongTermDebt_en-US">Repayments Of Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1237" xlink:to="label1237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="element1238" />
        <label xlink:type="resource" xlink:label="label1238" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfLongTermDebt_en-US">Principal paydowns of long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1238" xlink:to="label1238" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="element1239" />
        <label xlink:type="resource" xlink:label="label1239" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfOtherLongTermDebt_en-US">Repayments Of Other Long Term Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1239" xlink:to="label1239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="element1240" />
        <label xlink:type="resource" xlink:label="label1240" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfOtherLongTermDebt_en-US">Principal paydowns of investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1240" xlink:to="label1240" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="element1241" />
        <label xlink:type="resource" xlink:label="label1241" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfMediumTermNotes_en-US">Repayments Of Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1241" xlink:to="label1241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="element1242" />
        <label xlink:type="resource" xlink:label="label1242" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfMediumTermNotes_en-US">Principal paydowns of medium-term notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1242" xlink:to="label1242" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="element1243" />
        <label xlink:type="resource" xlink:label="label1243" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfRelatedPartyDebt_en-US">RepaymentsOfRelatedPartyDebt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1243" xlink:to="label1243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="element1244" />
        <label xlink:type="resource" xlink:label="label1244" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfRelatedPartyDebt_en-US">Payments for affiliate loans</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1244" xlink:to="label1244" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="element1245" />
        <label xlink:type="resource" xlink:label="label1245" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfNotesPayable_en-US">Repayments Of Notes Payable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1245" xlink:to="label1245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="element1246" />
        <label xlink:type="resource" xlink:label="label1246" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_RepaymentsOfNotesPayable_en-US">Principal paydowns of variable interest entity notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1246" xlink:to="label1246" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="element1247" />
        <label xlink:type="resource" xlink:label="label1247" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_en-US">Repayment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1247" xlink:to="label1247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="element1248" />
        <label xlink:type="resource" xlink:label="label1248" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RepurchaseAgreementCounterpartyNameDomain_en-US">Counterparty Name [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1248" xlink:to="label1248" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="element1249" />
        <label xlink:type="resource" xlink:label="label1249" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ResidentialMortgageBackedSecuritiesMember_en-US">Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1249" xlink:to="label1249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="element1250" />
        <label xlink:type="resource" xlink:label="label1250" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ResidentialMortgageBackedSecuritiesMember_en-US">Residential Mortgage-Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1250" xlink:to="label1250" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="element1251" />
        <label xlink:type="resource" xlink:label="label1251" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ResidentialPortfolioSegmentMember_en-US">Residential Prime Financing Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1251" xlink:to="label1251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="element1252" />
        <label xlink:type="resource" xlink:label="label1252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ResidentialPortfolioSegmentMember_en-US">Residential Loans Receivable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1252" xlink:to="label1252" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="element1253" />
        <label xlink:type="resource" xlink:label="label1253" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RestrictedStockMember_en-US">Restricted Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1253" xlink:to="label1253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="element1254" />
        <label xlink:type="resource" xlink:label="label1254" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RetainedEarningsMember_en-US">Retained Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1254" xlink:to="label1254" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="element1255" />
        <label xlink:type="resource" xlink:label="label1255" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RetainedEarningsMember_en-US">Retained Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1255" xlink:to="label1255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="element1256" />
        <label xlink:type="resource" xlink:label="label1256" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RetainedEarningsAccumulatedDeficit_en-US">Retained Earnings Accumulated Deficit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1256" xlink:to="label1256" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="element1257" />
        <label xlink:type="resource" xlink:label="label1257" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RetainedEarningsAccumulatedDeficit_en-US">Retained earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1257" xlink:to="label1257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="element1258" />
        <label xlink:type="resource" xlink:label="label1258" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenueRecognitionPolicyTextBlock_en-US">Fee and Reimbursement Revenue Recognition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1258" xlink:to="label1258" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="element1259" />
        <label xlink:type="resource" xlink:label="label1259" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenueOtherFinancialServices_en-US">Revenue Other Financial Services</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1259" xlink:to="label1259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="element1260" />
        <label xlink:type="resource" xlink:label="label1260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RevenueOtherFinancialServices_en-US">Revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1260" xlink:to="label1260" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="element1261" />
        <label xlink:type="resource" xlink:label="label1261" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_Revenues_en-US">Revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1261" xlink:to="label1261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="element1262" />
        <label xlink:type="resource" xlink:label="label1262" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_Revenues_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1262" xlink:to="label1262" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="element1263" />
        <label xlink:type="resource" xlink:label="label1263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_Revenues_en-US">Total revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1263" xlink:to="label1263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="element1264" />
        <label xlink:type="resource" xlink:label="label1264" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_RevenuesAbstract_en-US">Revenues:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1264" xlink:to="label1264" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="element1265" />
        <label xlink:type="resource" xlink:label="label1265" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_RevenuesAbstract_en-US">Revenues [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1265" xlink:to="label1265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="element1266" />
        <label xlink:type="resource" xlink:label="label1266" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SurplusNotes_en-US">Surplus notes outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1266" xlink:to="label1266" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="element1267" />
        <label xlink:type="resource" xlink:label="label1267" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_en-US">Long-term incentive awards expiration period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1267" xlink:to="label1267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageAndSubrogationRecoveriesValue" xlink:label="element1268" />
        <label xlink:type="resource" xlink:label="label1268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SalvageAndSubrogationRecoveriesValue_en-US">SalvageAndSubrogationRecoveriesValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1268" xlink:to="label1268" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageAndSubrogationRecoveriesValue" xlink:label="element1269" />
        <label xlink:type="resource" xlink:label="label1269" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SalvageAndSubrogationRecoveriesValue_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1269" xlink:to="label1269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageValueMember" xlink:label="element1270" />
        <label xlink:type="resource" xlink:label="label1270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SalvageValueMember_en-US">Salvage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1270" xlink:to="label1270" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="element1271" />
        <label xlink:type="resource" xlink:label="label1271" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScenarioUnspecifiedDomain_en-US">Scenario Unspecified [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1271" xlink:to="label1271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="element1272" />
        <label xlink:type="resource" xlink:label="label1272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScenarioUnspecifiedDomain_en-US">Scenario, Unspecified [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1272" xlink:to="label1272" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="element1273" />
        <label xlink:type="resource" xlink:label="label1273" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScenarioPreviouslyReportedMember_en-US">Previously reported [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1273" xlink:to="label1273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="element1274" />
        <label xlink:type="resource" xlink:label="label1274" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_en-US">Schedule Of Components Of Income Tax Expense Benefit Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1274" xlink:to="label1274" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="element1275" />
        <label xlink:type="resource" xlink:label="label1275" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_en-US">Income tax expense (benefit) on income (loss) and shareholder' equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1275" xlink:to="label1275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="element1276" />
        <label xlink:type="resource" xlink:label="label1276" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_en-US">Changes In Components Of Aoci [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1276" xlink:to="label1276" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="element1277" />
        <label xlink:type="resource" xlink:label="label1277" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_en-US">Changes In The Components Of AOCI</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1277" xlink:to="label1277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="element1278" />
        <label xlink:type="resource" xlink:label="label1278" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Deferred Tax Assets And Liabilities Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1278" xlink:to="label1278" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="element1279" />
        <label xlink:type="resource" xlink:label="label1279" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_en-US">Deferred tax assets and liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1279" xlink:to="label1279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="element1280" />
        <label xlink:type="resource" xlink:label="label1280" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_en-US">Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1280" xlink:to="label1280" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="element1281" />
        <label xlink:type="resource" xlink:label="label1281" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_en-US">Schedule Of Income Before Income Tax Domestic And Foreign Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1281" xlink:to="label1281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="element1282" />
        <label xlink:type="resource" xlink:label="label1282" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_en-US">Income (loss) from operations before provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1282" xlink:to="label1282" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="element1283" />
        <label xlink:type="resource" xlink:label="label1283" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_en-US">Number Of Significant Options Granted And Assumptions Used For Valuing Option Grants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1283" xlink:to="label1283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="element1284" />
        <label xlink:type="resource" xlink:label="label1284" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_en-US">Restricted Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1284" xlink:to="label1284" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="element1285" />
        <label xlink:type="resource" xlink:label="label1285" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_en-US">ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1285" xlink:to="label1285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="element1286" />
        <label xlink:type="resource" xlink:label="label1286" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_en-US">Change in unrecognized tax benefit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1286" xlink:to="label1286" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="element1287" />
        <label xlink:type="resource" xlink:label="label1287" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInvestmentsLineItems_en-US">Schedule Of Investments [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1287" xlink:to="label1287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="element1288" />
        <label xlink:type="resource" xlink:label="label1288" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInvestmentsLineItems_en-US">Schedule of Investments [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1288" xlink:to="label1288" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="element1289" />
        <label xlink:type="resource" xlink:label="label1289" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_en-US">Gross Realized Gains and Losses From Sales Of Available-For-Sale Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1289" xlink:to="label1289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="element1290" />
        <label xlink:type="resource" xlink:label="label1290" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_en-US">Schedule Of Realized Gain Loss [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1290" xlink:to="label1290" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="element1291" />
        <label xlink:type="resource" xlink:label="label1291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_en-US">Schedule Of Available For Sale And Held To Maturity Securities Continuous Unrealized Loss Position [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1291" xlink:to="label1291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="element1292" />
        <label xlink:type="resource" xlink:label="label1292" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_en-US">Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1292" xlink:to="label1292" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="element1293" />
        <label xlink:type="resource" xlink:label="label1293" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_en-US">Aggregate maturity of debt obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1293" xlink:to="label1293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="element1294" />
        <label xlink:type="resource" xlink:label="label1294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_en-US">Schedule Of Effective Income Tax Rate Reconciliation Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1294" xlink:to="label1294" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="element1295" />
        <label xlink:type="resource" xlink:label="label1295" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_en-US">Income tax rate reconciliation from statutory to effective tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1295" xlink:to="label1295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="element1296" />
        <label xlink:type="resource" xlink:label="label1296" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDebtInstrumentsTextBlock_en-US">Long-term debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1296" xlink:to="label1296" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="element1297" />
        <label xlink:type="resource" xlink:label="label1297" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_en-US">Schedule Of Business Acquisitions By Acquisition [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1297" xlink:to="label1297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="element1298" />
        <label xlink:type="resource" xlink:label="label1298" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_en-US">Schedule of Business Acquisitions, by Acquisition [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1298" xlink:to="label1298" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="element1299" />
        <label xlink:type="resource" xlink:label="label1299" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_en-US">Schedule of Defined Benefit Plans Disclosures [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1299" xlink:to="label1299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="element1300" />
        <label xlink:type="resource" xlink:label="label1300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_en-US">Schedule Of Fair Value Off Balance Sheet Risks [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1300" xlink:to="label1300" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="element1301" />
        <label xlink:type="resource" xlink:label="label1301" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_en-US">Schedule of Fair Value, Off-balance Sheet Risks [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1301" xlink:to="label1301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="element1302" />
        <label xlink:type="resource" xlink:label="label1302" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1302" xlink:to="label1302" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="element1303" />
        <label xlink:type="resource" xlink:label="label1303" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1303" xlink:to="label1303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="element1304" />
        <label xlink:type="resource" xlink:label="label1304" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfGuaranteeObligationsTable_en-US">Schedule of Guarantor Obligations [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1304" xlink:to="label1304" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="element1305" />
        <label xlink:type="resource" xlink:label="label1305" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_en-US">Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1305" xlink:to="label1305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="element1306" />
        <label xlink:type="resource" xlink:label="label1306" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_en-US">Schedule of Fair Value of Separate Accounts by Major Category of Investment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1306" xlink:to="label1306" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="element1307" />
        <label xlink:type="resource" xlink:label="label1307" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_en-US">Schedule Of Fair Value Off Balance Sheet Risks [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1307" xlink:to="label1307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="element1308" />
        <label xlink:type="resource" xlink:label="label1308" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_en-US">Fair Value Hierarchy Table Presents The Company's Assets And Liabilities Not Recorded At Fair Value On The Company's Consolidated Balance Sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1308" xlink:to="label1308" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="element1309" />
        <label xlink:type="resource" xlink:label="label1309" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_en-US">Schedule Of Long Lived Assets Held For Sale [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1309" xlink:to="label1309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="element1310" />
        <label xlink:type="resource" xlink:label="label1310" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_en-US">Held For Sale [Table}</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1310" xlink:to="label1310" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="element1311" />
        <label xlink:type="resource" xlink:label="label1311" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_en-US">Schedule Of Property Plant And Equipment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1311" xlink:to="label1311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTreasuryStockByClassTextBlock" xlink:label="element1312" />
        <label xlink:type="resource" xlink:label="label1312" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_en-US">Class of Treasury Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1312" xlink:to="label1312" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTreasuryStockByClassTextBlock" xlink:label="element1313" />
        <label xlink:type="resource" xlink:label="label1313" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_en-US">Schedule of Share Repurchases</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1313" xlink:to="label1313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="element1314" />
        <label xlink:type="resource" xlink:label="label1314" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1314" xlink:to="label1314" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="element1315" />
        <label xlink:type="resource" xlink:label="label1315" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_en-US">Schedule Of Trading Securities And Other Trading Assets [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1315" xlink:to="label1315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="element1316" />
        <label xlink:type="resource" xlink:label="label1316" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_en-US">Schedule of Trading Securities and Other Trading Assets [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1316" xlink:to="label1316" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="element1317" />
        <label xlink:type="resource" xlink:label="label1317" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_en-US">Schedule Of Segment Reporting Information By Segment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1317" xlink:to="label1317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="element1318" />
        <label xlink:type="resource" xlink:label="label1318" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_en-US">Schedule of Segment Reporting Information, by Segment [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1318" xlink:to="label1318" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="element1319" />
        <label xlink:type="resource" xlink:label="label1319" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfSubsequentEventsTextBlock_en-US">Schedule Of Subsequent Events [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1319" xlink:to="label1319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="element1320" />
        <label xlink:type="resource" xlink:label="label1320" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfSubsequentEventsTextBlock_en-US">Subsequent Events</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1320" xlink:to="label1320" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock" xlink:label="element1321" />
        <label xlink:type="resource" xlink:label="label1321" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_en-US">Outstanding Stock Options</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1321" xlink:to="label1321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock" xlink:label="element1322" />
        <label xlink:type="resource" xlink:label="label1322" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_en-US">ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1322" xlink:to="label1322" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock" xlink:label="element1323" />
        <label xlink:type="resource" xlink:label="label1323" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_en-US">Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1323" xlink:to="label1323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="element1324" />
        <label xlink:type="resource" xlink:label="label1324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1324" xlink:to="label1324" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="element1325" />
        <label xlink:type="resource" xlink:label="label1325" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_en-US">Schedule Of Financial Guarantees And Related Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1325" xlink:to="label1325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1326" />
        <label xlink:type="resource" xlink:label="label1326" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1326" xlink:to="label1326" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1327" />
        <label xlink:type="resource" xlink:label="label1327" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1327" xlink:to="label1327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="element1328" />
        <label xlink:type="resource" xlink:label="label1328" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1328" xlink:to="label1328" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="element1329" />
        <label xlink:type="resource" xlink:label="label1329" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_en-US">Schedule Of Variable Interest Entities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1329" xlink:to="label1329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="element1330" />
        <label xlink:type="resource" xlink:label="label1330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_en-US">Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1330" xlink:to="label1330" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1331" />
        <label xlink:type="resource" xlink:label="label1331" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Gross Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1331" xlink:to="label1331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1332" />
        <label xlink:type="resource" xlink:label="label1332" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Gross claim liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1332" xlink:to="label1332" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="element1333" />
        <label xlink:type="resource" xlink:label="label1333" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_en-US">Gross Undiscounted Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1333" xlink:to="label1333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="element1334" />
        <label xlink:type="resource" xlink:label="label1334" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_en-US">Schedule Of Accounts Notes Loans And Financing Receivable [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1334" xlink:to="label1334" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="element1335" />
        <label xlink:type="resource" xlink:label="label1335" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1335" xlink:to="label1335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1336" />
        <label xlink:type="resource" xlink:label="label1336" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Gross Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1336" xlink:to="label1336" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1337" />
        <label xlink:type="resource" xlink:label="label1337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Less: Gross potential recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1337" xlink:to="label1337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="element1338" />
        <label xlink:type="resource" xlink:label="label1338" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_en-US">Potential Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1338" xlink:to="label1338" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="element1339" />
        <label xlink:type="resource" xlink:label="label1339" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Net Discount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1339" xlink:to="label1339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="element1340" />
        <label xlink:type="resource" xlink:label="label1340" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_en-US">Discount, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1340" xlink:to="label1340" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="element1341" />
        <label xlink:type="resource" xlink:label="label1341" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_en-US">Discount, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1341" xlink:to="label1341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="element1342" />
        <label xlink:type="resource" xlink:label="label1342" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_en-US">Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1342" xlink:to="label1342" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="element1343" />
        <label xlink:type="resource" xlink:label="label1343" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_en-US">Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1343" xlink:to="label1343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="element1344" />
        <label xlink:type="resource" xlink:label="label1344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Number Of Contracts Issued And Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1344" xlink:to="label1344" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="element1345" />
        <label xlink:type="resource" xlink:label="label1345" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_en-US">Number of issues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1345" xlink:to="label1345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="element1346" />
        <label xlink:type="resource" xlink:label="label1346" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_en-US">Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1346" xlink:to="label1346" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="element1347" />
        <label xlink:type="resource" xlink:label="label1347" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_en-US">Effect Of Derivative Instruments On Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1347" xlink:to="label1347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="element1348" />
        <label xlink:type="resource" xlink:label="label1348" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Statement Of Financial Position Unearned Premium Revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1348" xlink:to="label1348" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="element1349" />
        <label xlink:type="resource" xlink:label="label1349" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1349" xlink:to="label1349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1350" />
        <label xlink:type="resource" xlink:label="label1350" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1350" xlink:to="label1350" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1351" />
        <label xlink:type="resource" xlink:label="label1351" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Outstanding Gross Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1351" xlink:to="label1351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="element1352" />
        <label xlink:type="resource" xlink:label="label1352" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_en-US">Principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1352" xlink:to="label1352" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1353" />
        <label xlink:type="resource" xlink:label="label1353" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Net Claim Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1353" xlink:to="label1353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1354" />
        <label xlink:type="resource" xlink:label="label1354" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Net claim liability (recoverable)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1354" xlink:to="label1354" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="element1355" />
        <label xlink:type="resource" xlink:label="label1355" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_en-US">Net claim liability (recoverable)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1355" xlink:to="label1355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1356" />
        <label xlink:type="resource" xlink:label="label1356" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1356" xlink:to="label1356" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1357" />
        <label xlink:type="resource" xlink:label="label1357" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Gross Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1357" xlink:to="label1357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="element1358" />
        <label xlink:type="resource" xlink:label="label1358" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_en-US">Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1358" xlink:to="label1358" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="element1359" />
        <label xlink:type="resource" xlink:label="label1359" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ScheduleOfVariableInterestEntitiesTable_en-US">Schedule Of Variable Interest Entities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1359" xlink:to="label1359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="element1360" />
        <label xlink:type="resource" xlink:label="label1360" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ScheduleOfVariableInterestEntitiesTable_en-US">Schedule of Variable Interest Entities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1360" xlink:to="label1360" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="element1361" />
        <label xlink:type="resource" xlink:label="label1361" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecuritiesPledgedAsCollateralMember_en-US">Securities Pledged As Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1361" xlink:to="label1361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="element1362" />
        <label xlink:type="resource" xlink:label="label1362" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SecuritiesPledgedAsCollateralMember_en-US">Fair Value Of The Collateral Pledged By MBIA Inc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1362" xlink:to="label1362" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldNotYetPurchasedMember" xlink:label="element1363" />
        <label xlink:type="resource" xlink:label="label1363" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecuritiesSoldNotYetPurchasedMember_en-US">Securities Sold Not Yet Purchased [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1363" xlink:to="label1363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="element1364" />
        <label xlink:type="resource" xlink:label="label1364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_en-US">Securities sold under agreements to repurchase</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1364" xlink:to="label1364" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="element1365" />
        <label xlink:type="resource" xlink:label="label1365" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_en-US">Security Owned And Pledged As Collateral Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1365" xlink:to="label1365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="element1366" />
        <label xlink:type="resource" xlink:label="label1366" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_en-US">Fair value of securities pledged as collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1366" xlink:to="label1366" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="element1367" />
        <label xlink:type="resource" xlink:label="label1367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingDisclosureTextBlock_en-US">Segment Reporting Disclosure [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1367" xlink:to="label1367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="element1368" />
        <label xlink:type="resource" xlink:label="label1368" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentReportingDisclosureTextBlock_en-US">Business Segments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1368" xlink:to="label1368" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="element1369" />
        <label xlink:type="resource" xlink:label="label1369" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentDomain_en-US">Segment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1369" xlink:to="label1369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="element1370" />
        <label xlink:type="resource" xlink:label="label1370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentDomain_en-US">Segment [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1370" xlink:to="label1370" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="element1371" />
        <label xlink:type="resource" xlink:label="label1371" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingAbstract_en-US">Segment Reporting [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1371" xlink:to="label1371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="element1372" />
        <label xlink:type="resource" xlink:label="label1372" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentReportingInformationLineItems_en-US">Segment Reporting Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1372" xlink:to="label1372" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="element1373" />
        <label xlink:type="resource" xlink:label="label1373" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentReportingInformationLineItems_en-US">Segment Reporting Information [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1373" xlink:to="label1373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="element1374" />
        <label xlink:type="resource" xlink:label="label1374" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentGeographicalDomain_en-US">Segment, Geographical [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1374" xlink:to="label1374" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="element1375" />
        <label xlink:type="resource" xlink:label="label1375" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentGeographicalDomain_en-US">Segment Geographical [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1375" xlink:to="label1375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="element1376" />
        <label xlink:type="resource" xlink:label="label1376" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SegmentOperatingActivitiesDomain_en-US">Segment, Operating Activities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1376" xlink:to="label1376" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="element1377" />
        <label xlink:type="resource" xlink:label="label1377" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SegmentOperatingActivitiesDomain_en-US">Segment Operating Activities [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1377" xlink:to="label1377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1378" />
        <label xlink:type="resource" xlink:label="label1378" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Selling General And Administrative Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1378" xlink:to="label1378" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1379" />
        <label xlink:type="resource" xlink:label="label1379" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1379" xlink:to="label1379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="element1380" />
        <label xlink:type="resource" xlink:label="label1380" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_SellingGeneralAndAdministrativeExpense_en-US">Operating</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1380" xlink:to="label1380" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="element1381" />
        <label xlink:type="resource" xlink:label="label1381" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SeveranceCosts1_en-US">Severance costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1381" xlink:to="label1381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="element1382" />
        <label xlink:type="resource" xlink:label="label1382" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensation_en-US">Share based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1382" xlink:to="label1382" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="element1383" />
        <label xlink:type="resource" xlink:label="label1383" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensation_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1383" xlink:to="label1383" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="element1384" />
        <label xlink:type="resource" xlink:label="label1384" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_en-US">Granted, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1384" xlink:to="label1384" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="element1385" />
        <label xlink:type="resource" xlink:label="label1385" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_en-US">Forfeited, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1385" xlink:to="label1385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="element1386" />
        <label xlink:type="resource" xlink:label="label1386" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_en-US">Long-term incentive awards vesting period, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1386" xlink:to="label1386" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="element1387" />
        <label xlink:type="resource" xlink:label="label1387" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_en-US">Exercised, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1387" xlink:to="label1387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1388" />
        <label xlink:type="resource" xlink:label="label1388" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1388" xlink:to="label1388" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1389" />
        <label xlink:type="resource" xlink:label="label1389" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Granted, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1389" xlink:to="label1389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="element1390" />
        <label xlink:type="resource" xlink:label="label1390" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_en-US">Expired or canceled, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1390" xlink:to="label1390" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="element1391" />
        <label xlink:type="resource" xlink:label="label1391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1391" xlink:to="label1391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="element1392" />
        <label xlink:type="resource" xlink:label="label1392" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_en-US">Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1392" xlink:to="label1392" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="element1393" />
        <label xlink:type="resource" xlink:label="label1393" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_en-US">Number of Restricted Shares Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1393" xlink:to="label1393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="element1394" />
        <label xlink:type="resource" xlink:label="label1394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_en-US">Forfeited</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1394" xlink:to="label1394" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="element1395" />
        <label xlink:type="resource" xlink:label="label1395" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_en-US">Forfeited</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1395" xlink:to="label1395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1396" />
        <label xlink:type="resource" xlink:label="label1396" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1396" xlink:to="label1396" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1397" />
        <label xlink:type="resource" xlink:label="label1397" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">Outstanding at beginning of year, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1397" xlink:to="label1397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="element1398" />
        <label xlink:type="resource" xlink:label="label1398" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_en-US">Outstanding at end of year, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1398" xlink:to="label1398" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1399" />
        <label xlink:type="resource" xlink:label="label1399" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Other than options outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1399" xlink:to="label1399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1400" />
        <label xlink:type="resource" xlink:label="label1400" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Outstanding at beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1400" xlink:to="label1400" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="element1401" />
        <label xlink:type="resource" xlink:label="label1401" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_en-US">Outstanding at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1401" xlink:to="label1401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1402" />
        <label xlink:type="resource" xlink:label="label1402" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Exercise price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1402" xlink:to="label1402" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1403" />
        <label xlink:type="resource" xlink:label="label1403" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Exercisable at end of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1403" xlink:to="label1403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="element1404" />
        <label xlink:type="resource" xlink:label="label1404" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_en-US">Weighted Average Exercise Price, Stock Options Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1404" xlink:to="label1404" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="element1405" />
        <label xlink:type="resource" xlink:label="label1405" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_en-US">Total number of shares of common stock reserved and available for issuance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1405" xlink:to="label1405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="element1406" />
        <label xlink:type="resource" xlink:label="label1406" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_en-US">Number of Options, Exercisable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1406" xlink:to="label1406" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="element1407" />
        <label xlink:type="resource" xlink:label="label1407" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_en-US">Number of shares, exercisable at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1407" xlink:to="label1407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1408" />
        <label xlink:type="resource" xlink:label="label1408" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_en-US">Vested, Weighted Average Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1408" xlink:to="label1408" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="element1409" />
        <label xlink:type="resource" xlink:label="label1409" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_en-US">Vested</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1409" xlink:to="label1409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="element1410" />
        <label xlink:type="resource" xlink:label="label1410" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_en-US">Vested</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1410" xlink:to="label1410" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="element1411" />
        <label xlink:type="resource" xlink:label="label1411" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_en-US">Options expired or canceled</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1411" xlink:to="label1411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="element1412" />
        <label xlink:type="resource" xlink:label="label1412" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_en-US">Options expired or canceled</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1412" xlink:to="label1412" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="element1413" />
        <label xlink:type="resource" xlink:label="label1413" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_en-US">Shares/units available for future grants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1413" xlink:to="label1413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1414" />
        <label xlink:type="resource" xlink:label="label1414" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Weighted Average Exercise Price, Stock Options Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1414" xlink:to="label1414" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1415" />
        <label xlink:type="resource" xlink:label="label1415" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Outstanding at beginning of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1415" xlink:to="label1415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="element1416" />
        <label xlink:type="resource" xlink:label="label1416" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_en-US">Outstanding at end of year, weighted average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1416" xlink:to="label1416" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1417" />
        <label xlink:type="resource" xlink:label="label1417" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of Options, Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1417" xlink:to="label1417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1418" />
        <label xlink:type="resource" xlink:label="label1418" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of shares, outstanding at beginning of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1418" xlink:to="label1418" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="element1419" />
        <label xlink:type="resource" xlink:label="label1419" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_en-US">Number of shares, outstanding at end of year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1419" xlink:to="label1419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="element1420" />
        <label xlink:type="resource" xlink:label="label1420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_en-US">Number of options granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1420" xlink:to="label1420" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="element1421" />
        <label xlink:type="resource" xlink:label="label1421" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_en-US">Award Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1421" xlink:to="label1421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="element1422" />
        <label xlink:type="resource" xlink:label="label1422" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_en-US">Weighted average fair value per share of options granted during the year, Weighted Avg. Price per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1422" xlink:to="label1422" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="element1423" />
        <label xlink:type="resource" xlink:label="label1423" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_en-US">Stock-Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1423" xlink:to="label1423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="element1424" />
        <label xlink:type="resource" xlink:label="label1424" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ShortTermInvestments_en-US">Money market securities pledged as collateral under investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1424" xlink:to="label1424" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="element1425" />
        <label xlink:type="resource" xlink:label="label1425" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SignificantAccountingPoliciesTextBlock_en-US">Significant Accounting Policies [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1425" xlink:to="label1425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="element1426" />
        <label xlink:type="resource" xlink:label="label1426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SignificantAccountingPoliciesTextBlock_en-US">Significant Accounting Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1426" xlink:to="label1426" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="element1427" />
        <label xlink:type="resource" xlink:label="label1427" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementClassOfStockAxis_en-US">Class of Stock [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1427" xlink:to="label1427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="element1428" />
        <label xlink:type="resource" xlink:label="label1428" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementLineItems_en-US">Statement [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1428" xlink:to="label1428" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="element1429" />
        <label xlink:type="resource" xlink:label="label1429" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementEquityComponentsAxis_en-US">Statement Equity Components [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1429" xlink:to="label1429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="element1430" />
        <label xlink:type="resource" xlink:label="label1430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementEquityComponentsAxis_en-US">Equity Components [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1430" xlink:to="label1430" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="element1431" />
        <label xlink:type="resource" xlink:label="label1431" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfStockholdersEquityAbstract_en-US">Statement of Changes in Shareholders' Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1431" xlink:to="label1431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="element1432" />
        <label xlink:type="resource" xlink:label="label1432" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfCashFlowsAbstract_en-US">Statement of Cash Flows</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1432" xlink:to="label1432" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="element1433" />
        <label xlink:type="resource" xlink:label="label1433" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_en-US">Statements of Comprehensive Income (Loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1433" xlink:to="label1433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="element1434" />
        <label xlink:type="resource" xlink:label="label1434" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementTable_en-US">Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1434" xlink:to="label1434" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="element1435" />
        <label xlink:type="resource" xlink:label="label1435" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementTable_en-US">Statement [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1435" xlink:to="label1435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="element1436" />
        <label xlink:type="resource" xlink:label="label1436" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOperatingActivitiesSegmentAxis_en-US">Statement Operating Activities Segment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1436" xlink:to="label1436" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="element1437" />
        <label xlink:type="resource" xlink:label="label1437" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementOperatingActivitiesSegmentAxis_en-US">Statement, Operating Activities Segment [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1437" xlink:to="label1437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="element1438" />
        <label xlink:type="resource" xlink:label="label1438" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementOfFinancialPositionAbstract_en-US">Statement of Financial Position {Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1438" xlink:to="label1438" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="element1439" />
        <label xlink:type="resource" xlink:label="label1439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementOfFinancialPositionAbstract_en-US">Consolidated Balance Sheets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1439" xlink:to="label1439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="element1440" />
        <label xlink:type="resource" xlink:label="label1440" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementScenarioAxis_en-US">Statement Scenario [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1440" xlink:to="label1440" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="element1441" />
        <label xlink:type="resource" xlink:label="label1441" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementScenarioAxis_en-US">Scenario [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1441" xlink:to="label1441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="element1442" />
        <label xlink:type="resource" xlink:label="label1442" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementBusinessSegmentsAxis_en-US">Statement Business Segments [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1442" xlink:to="label1442" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="element1443" />
        <label xlink:type="resource" xlink:label="label1443" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementBusinessSegmentsAxis_en-US">Business Segments [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1443" xlink:to="label1443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="element1444" />
        <label xlink:type="resource" xlink:label="label1444" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatementGeographicalAxis_en-US">Statement Geographical [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1444" xlink:to="label1444" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="element1445" />
        <label xlink:type="resource" xlink:label="label1445" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StatementGeographicalAxis_en-US">Geographical [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1445" xlink:to="label1445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="element1446" />
        <label xlink:type="resource" xlink:label="label1446" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_en-US">Statutory net income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1446" xlink:to="label1446" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="element1447" />
        <label xlink:type="resource" xlink:label="label1447" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_en-US">Stock Issued During Period Shares Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1447" xlink:to="label1447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="element1448" />
        <label xlink:type="resource" xlink:label="label1448" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_en-US">Share-based compensation (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1448" xlink:to="label1448" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="element1449" />
        <label xlink:type="resource" xlink:label="label1449" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchaseProgramAuthorizedAmount1_en-US">Authorized repurchase of common stock, value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1449" xlink:to="label1449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="element1450" />
        <label xlink:type="resource" xlink:label="label1450" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchasedDuringPeriodShares_en-US">Preferred stock repurchased during period shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1450" xlink:to="label1450" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="element1451" />
        <label xlink:type="resource" xlink:label="label1451" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_en-US">Remaining amount available under repurchase program</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1451" xlink:to="label1451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="element1452" />
        <label xlink:type="resource" xlink:label="label1452" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_en-US">Remaining authorization as of December 31</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1452" xlink:to="label1452" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="element1453" />
        <label xlink:type="resource" xlink:label="label1453" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_en-US">Stock issued during period, value, restricted stock award, gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1453" xlink:to="label1453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="element1454" />
        <label xlink:type="resource" xlink:label="label1454" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_en-US">Stock issued during period, value, restricted stock award, forfeitures</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1454" xlink:to="label1454" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="element1455" />
        <label xlink:type="resource" xlink:label="label1455" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockRepurchasedDuringPeriodValue_en-US">Preferred stock repurchased during period value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1455" xlink:to="label1455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="element1456" />
        <label xlink:type="resource" xlink:label="label1456" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_en-US">Restricted shares granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1456" xlink:to="label1456" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockTransactionsParentheticalDisclosuresAbstract" xlink:label="element1457" />
        <label xlink:type="resource" xlink:label="label1457" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_en-US">Schedule of Share Repurchases [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1457" xlink:to="label1457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="element1458" />
        <label xlink:type="resource" xlink:label="label1458" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_en-US">Stock option awards exercised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1458" xlink:to="label1458" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="element1459" />
        <label xlink:type="resource" xlink:label="label1459" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_en-US">Stock option awards exercised</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1459" xlink:to="label1459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="element1460" />
        <label xlink:type="resource" xlink:label="label1460" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_en-US">Stock Issued During Period Value Share Based Compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1460" xlink:to="label1460" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="element1461" />
        <label xlink:type="resource" xlink:label="label1461" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_en-US">Share-based compensation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1461" xlink:to="label1461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="element1462" />
        <label xlink:type="resource" xlink:label="label1462" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_en-US">Equity:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1462" xlink:to="label1462" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1463" />
        <label xlink:type="resource" xlink:label="label1463" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Stockholders Equity Including Portion Attributable To Noncontrolling Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1463" xlink:to="label1463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1464" />
        <label xlink:type="resource" xlink:label="label1464" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Total equity balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1464" xlink:to="label1464" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1465" />
        <label xlink:type="resource" xlink:label="label1465" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Total equity balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1465" xlink:to="label1465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="element1466" />
        <label xlink:type="resource" xlink:label="label1466" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_en-US">Total equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1466" xlink:to="label1466" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="element1467" />
        <label xlink:type="resource" xlink:label="label1467" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityNoteDisclosureTextBlock_en-US">Common And Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1467" xlink:to="label1467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="element1468" />
        <label xlink:type="resource" xlink:label="label1468" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquityNoteAbstract_en-US">Common And Preferred Stock [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1468" xlink:to="label1468" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1469" />
        <label xlink:type="resource" xlink:label="label1469" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_StockholdersEquity_en-US">MBIA Inc. equity balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1469" xlink:to="label1469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1470" />
        <label xlink:type="resource" xlink:label="label1470" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_StockholdersEquity_en-US">MBIA Inc. equity balance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1470" xlink:to="label1470" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1471" />
        <label xlink:type="resource" xlink:label="label1471" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_StockholdersEquity_en-US">Total shareholders' equity of MBIA Inc.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1471" xlink:to="label1471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1472" />
        <label xlink:type="resource" xlink:label="label1472" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_StockholdersEquity_en-US">Total shareholders' equity of MBIA Inc.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1472" xlink:to="label1472" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="element1473" />
        <label xlink:type="resource" xlink:label="label1473" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_StockholdersEquity_en-US">Stockholders Equity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1473" xlink:to="label1473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="element1474" />
        <label xlink:type="resource" xlink:label="label1474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventMember_en-US">SubsequentEvent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1474" xlink:to="label1474" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="element1475" />
        <label xlink:type="resource" xlink:label="label1475" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventTypeAxis_en-US">Subsequent Event Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1475" xlink:to="label1475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="element1476" />
        <label xlink:type="resource" xlink:label="label1476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SubsequentEventTypeAxis_en-US">Subsequent Event Type [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1476" xlink:to="label1476" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="element1477" />
        <label xlink:type="resource" xlink:label="label1477" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SubsequentEventTypeDomain_en-US">Subsequent Event Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1477" xlink:to="label1477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="element1478" />
        <label xlink:type="resource" xlink:label="label1478" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SubsequentEventTypeDomain_en-US">Subsequent Event Type [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1478" xlink:to="label1478" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="element1479" />
        <label xlink:type="resource" xlink:label="label1479" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_en-US">Schedule I - Summary Of Investments, Other Than Investments In Related Parties</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1479" xlink:to="label1479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="element1480" />
        <label xlink:type="resource" xlink:label="label1480" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_en-US">Schedule I - Summary Of Investments, Other Than Investments In Related Parties [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1480" xlink:to="label1480" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="element1481" />
        <label xlink:type="resource" xlink:label="label1481" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_en-US">Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1481" xlink:to="label1481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="element1482" />
        <label xlink:type="resource" xlink:label="label1482" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_en-US">Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1482" xlink:to="label1482" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="element1483" />
        <label xlink:type="resource" xlink:label="label1483" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_en-US">Amount at which shown in the balance sheet</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1483" xlink:to="label1483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="element1484" />
        <label xlink:type="resource" xlink:label="label1484" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_en-US">Summary of Investments, Other than Investments in Related Parties [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1484" xlink:to="label1484" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="element1485" />
        <label xlink:type="resource" xlink:label="label1485" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_en-US">Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1485" xlink:to="label1485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="element1486" />
        <label xlink:type="resource" xlink:label="label1486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_en-US">Summary of Investments, Other than Investments in Related Parties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1486" xlink:to="label1486" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="element1487" />
        <label xlink:type="resource" xlink:label="label1487" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1487" xlink:to="label1487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="element1488" />
        <label xlink:type="resource" xlink:label="label1488" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1488" xlink:to="label1488" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="element1489" />
        <label xlink:type="resource" xlink:label="label1489" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_en-US">Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1489" xlink:to="label1489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="element1490" />
        <label xlink:type="resource" xlink:label="label1490" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TextBlockAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1490" xlink:to="label1490" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="element1491" />
        <label xlink:type="resource" xlink:label="label1491" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TextBlockAbstract_en-US">Text Block [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1491" xlink:to="label1491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="element1492" />
        <label xlink:type="resource" xlink:label="label1492" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_en-US">Title of Individual with Relationship to Entity [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1492" xlink:to="label1492" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="element1493" />
        <label xlink:type="resource" xlink:label="label1493" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TitleOfIndividualAxis_en-US">Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1493" xlink:to="label1493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="element1494" />
        <label xlink:type="resource" xlink:label="label1494" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TradingSecurities_en-US">Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1494" xlink:to="label1494" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="element1495" />
        <label xlink:type="resource" xlink:label="label1495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TradingSecurities_en-US">Investments carried at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1495" xlink:to="label1495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="element1496" />
        <label xlink:type="resource" xlink:label="label1496" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_en-US">Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1496" xlink:to="label1496" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="element1497" />
        <label xlink:type="resource" xlink:label="label1497" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_en-US">Types of Financial Instruments [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1497" xlink:to="label1497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="element1498" />
        <label xlink:type="resource" xlink:label="label1498" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockAcquiredAverageCostPerShare_en-US">Shares repurchased under share repurchase program, average price per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1498" xlink:to="label1498" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="element1499" />
        <label xlink:type="resource" xlink:label="label1499" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockAcquiredAverageCostPerShare_en-US">Average price paid per share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1499" xlink:to="label1499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="element1500" />
        <label xlink:type="resource" xlink:label="label1500" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockMember_en-US">Treasury Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1500" xlink:to="label1500" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="element1501" />
        <label xlink:type="resource" xlink:label="label1501" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockMember_en-US">Treasury Stock [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1501" xlink:to="label1501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1502" />
        <label xlink:type="resource" xlink:label="label1502" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockShares_en-US">Treasury Stock Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1502" xlink:to="label1502" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1503" />
        <label xlink:type="resource" xlink:label="label1503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockShares_en-US">Treasury stock, shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1503" xlink:to="label1503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1504" />
        <label xlink:type="resource" xlink:label="label1504" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_us-gaap_TreasuryStockShares_en-US">Balance (in treasury stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1504" xlink:to="label1504" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1505" />
        <label xlink:type="resource" xlink:label="label1505" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_us-gaap_TreasuryStockShares_en-US">Balance (in treasury stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1505" xlink:to="label1505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1506" />
        <label xlink:type="resource" xlink:label="label1506" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xml:lang="en-US" id="NegatedPeriodStart_us-gaap_TreasuryStockShares_en-US">Balance (in treasury stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1506" xlink:to="label1506" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="element1507" />
        <label xlink:type="resource" xlink:label="label1507" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xml:lang="en-US" id="NegatedPeriodEnd_us-gaap_TreasuryStockShares_en-US">Balance (in treasury stock shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1507" xlink:to="label1507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1508" />
        <label xlink:type="resource" xlink:label="label1508" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury stock value acquired cost method</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1508" xlink:to="label1508" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1509" />
        <label xlink:type="resource" xlink:label="label1509" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1509" xlink:to="label1509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="element1510" />
        <label xlink:type="resource" xlink:label="label1510" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockValueAcquiredCostMethod_en-US">Treasury shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1510" xlink:to="label1510" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1511" />
        <label xlink:type="resource" xlink:label="label1511" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockSharesAcquired_en-US">Treasury stock shares acquired</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1511" xlink:to="label1511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1512" />
        <label xlink:type="resource" xlink:label="label1512" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_TreasuryStockSharesAcquired_en-US">Number of shares repurchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1512" xlink:to="label1512" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="element1513" />
        <label xlink:type="resource" xlink:label="label1513" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockSharesAcquired_en-US">Treasury shares acquired (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1513" xlink:to="label1513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="element1514" />
        <label xlink:type="resource" xlink:label="label1514" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_TreasuryStockValue_en-US">Treasury Stock Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1514" xlink:to="label1514" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="element1515" />
        <label xlink:type="resource" xlink:label="label1515" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_TreasuryStockValue_en-US">Treasury stock, at cost-- 192,233,526 and 148,789,168 shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1515" xlink:to="label1515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="element1516" />
        <label xlink:type="resource" xlink:label="label1516" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnderlyingAssetClassAxis_en-US">Underlying Asset Class [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1516" xlink:to="label1516" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="element1517" />
        <label xlink:type="resource" xlink:label="label1517" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnderlyingAssetClassDomain_en-US">Underlying Asset Class [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1517" xlink:to="label1517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="element1518" />
        <label xlink:type="resource" xlink:label="label1518" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UndistributedEarningsOfForeignSubsidiaries_en-US">Undistributed earnings of foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1518" xlink:to="label1518" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted" xlink:label="element1519" />
        <label xlink:type="resource" xlink:label="label1519" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_en-US">UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1519" xlink:to="label1519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted" xlink:label="element1520" />
        <label xlink:type="resource" xlink:label="label1520" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_en-US">Less: Undistributed earnings allocated to participating securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1520" xlink:to="label1520" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic" xlink:label="element1521" />
        <label xlink:type="resource" xlink:label="label1521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_en-US">Less: Undistributed earnings allocated to participating securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1521" xlink:to="label1521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiumsLongDurationMember" xlink:label="element1522" />
        <label xlink:type="resource" xlink:label="label1522" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnearnedPremiumsLongDurationMember_en-US">UnearnedPremiumsLongDurationMember</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1522" xlink:to="label1522" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiumsLongDurationMember" xlink:label="element1523" />
        <label xlink:type="resource" xlink:label="label1523" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnearnedPremiumsLongDurationMember_en-US">Unearned Premium Revenue [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1523" xlink:to="label1523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="element1524" />
        <label xlink:type="resource" xlink:label="label1524" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnearnedPremiums_en-US">Unearned Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1524" xlink:to="label1524" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="element1525" />
        <label xlink:type="resource" xlink:label="label1525" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnearnedPremiums_en-US">Unearned premium revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1525" xlink:to="label1525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:label="element1526" />
        <label xlink:type="resource" xlink:label="label1526" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_en-US">Loss and Loss Adjustment Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1526" xlink:to="label1526" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1527" />
        <label xlink:type="resource" xlink:label="label1527" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized Gain Loss On Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1527" xlink:to="label1527" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1528" />
        <label xlink:type="resource" xlink:label="label1528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized (gains) losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1528" xlink:to="label1528" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1529" />
        <label xlink:type="resource" xlink:label="label1529" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized gains (losses) on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1529" xlink:to="label1529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="element1530" />
        <label xlink:type="resource" xlink:label="label1530" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_us-gaap_UnrealizedGainLossOnDerivatives_en-US">Unrealized (gains) losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1530" xlink:to="label1530" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="element1531" />
        <label xlink:type="resource" xlink:label="label1531" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_en-US">Unrecognized Tax Benefits Income Tax Penalties And Interest Expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1531" xlink:to="label1531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="element1532" />
        <label xlink:type="resource" xlink:label="label1532" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_en-US">Unrecognized tax benefits income tax penalties and interest expense</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1532" xlink:to="label1532" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="element1533" />
        <label xlink:type="resource" xlink:label="label1533" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_UnrecognizedTaxBenefits_en-US">Unrecognized Tax Benefits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1533" xlink:to="label1533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="element1534" />
        <label xlink:type="resource" xlink:label="label1534" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_USStatesAndPoliticalSubdivisionsMember_en-US">US States And Political Subdivisions [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1534" xlink:to="label1534" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="element1535" />
        <label xlink:type="resource" xlink:label="label1535" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_USStatesAndPoliticalSubdivisionsMember_en-US">State and municipal bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1535" xlink:to="label1535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="element1536" />
        <label xlink:type="resource" xlink:label="label1536" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_USTreasuryAndGovernmentMember_en-US">U S Treasury And Government [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1536" xlink:to="label1536" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="element1537" />
        <label xlink:type="resource" xlink:label="label1537" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_USTreasuryAndGovernmentMember_en-US">U.S. Treasury And Government Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1537" xlink:to="label1537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember" xlink:label="element1538" />
        <label xlink:type="resource" xlink:label="label1538" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_en-US">ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1538" xlink:to="label1538" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember" xlink:label="element1539" />
        <label xlink:type="resource" xlink:label="label1539" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_en-US">Valuation Allowance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1539" xlink:to="label1539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="element1540" />
        <label xlink:type="resource" xlink:label="label1540" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_en-US">Valuation Allowance Deferred Tax Asset Change In Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1540" xlink:to="label1540" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="element1541" />
        <label xlink:type="resource" xlink:label="label1541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_en-US">Valuation allowance taken in current period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1541" xlink:to="label1541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="element1542" />
        <label xlink:type="resource" xlink:label="label1542" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationTechniqueAxis_en-US">Valuation Technique [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1542" xlink:to="label1542" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="element1543" />
        <label xlink:type="resource" xlink:label="label1543" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_ValuationTechniqueDomain_en-US">Valuation Technique [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1543" xlink:to="label1543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1544" />
        <label xlink:type="resource" xlink:label="label1544" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">VIE Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1544" xlink:to="label1544" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1545" />
        <label xlink:type="resource" xlink:label="label1545" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">Carrying amounts of liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1545" xlink:to="label1545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="element1546" />
        <label xlink:type="resource" xlink:label="label1546" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_en-US">Total liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1546" xlink:to="label1546" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="element1547" />
        <label xlink:type="resource" xlink:label="label1547" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_en-US">Variable Interest Entities By Classification Of Entity [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1547" xlink:to="label1547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="element1548" />
        <label xlink:type="resource" xlink:label="label1548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_en-US">Variable Interest Entities [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1548" xlink:to="label1548" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="element1549" />
        <label xlink:type="resource" xlink:label="label1549" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_en-US">Variable Interest Entity Entity Maximum Loss Exposure Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1549" xlink:to="label1549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="element1550" />
        <label xlink:type="resource" xlink:label="label1550" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_en-US">Maximum Exposure to Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1550" xlink:to="label1550" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1551" />
        <label xlink:type="resource" xlink:label="label1551" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">VIE Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1551" xlink:to="label1551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1552" />
        <label xlink:type="resource" xlink:label="label1552" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Total assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1552" xlink:to="label1552" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1553" />
        <label xlink:type="resource" xlink:label="label1553" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Carrying amounts of assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1553" xlink:to="label1553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="element1554" />
        <label xlink:type="resource" xlink:label="label1554" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_en-US">Identifiable assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1554" xlink:to="label1554" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="element1555" />
        <label xlink:type="resource" xlink:label="label1555" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_en-US">Variable Interest Entity Primary Beneficiary [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1555" xlink:to="label1555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="element1556" />
        <label xlink:type="resource" xlink:label="label1556" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_en-US">Variable Interest Entity [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1556" xlink:to="label1556" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="element1557" />
        <label xlink:type="resource" xlink:label="label1557" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityLineItems_en-US">Variable Interest Entity [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1557" xlink:to="label1557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="element1558" />
        <label xlink:type="resource" xlink:label="label1558" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityLineItems_en-US">Variable Interest Entity [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1558" xlink:to="label1558" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="element1559" />
        <label xlink:type="resource" xlink:label="label1559" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_en-US">Variable Interest Entity Initial Consolidation Gain Or Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1559" xlink:to="label1559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="element1560" />
        <label xlink:type="resource" xlink:label="label1560" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_en-US">Net realized gains (losses) related to the initial consolidation</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1560" xlink:to="label1560" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="element1561" />
        <label xlink:type="resource" xlink:label="label1561" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_en-US">Variable Interest Entity Nonconsolidated Carrying Amount Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1561" xlink:to="label1561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="element1562" />
        <label xlink:type="resource" xlink:label="label1562" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_en-US">VIE Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1562" xlink:to="label1562" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantMember" xlink:label="element1563" />
        <label xlink:type="resource" xlink:label="label1563" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WarrantMember_en-US">Warrant [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1563" xlink:to="label1563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="element1564" />
        <label xlink:type="resource" xlink:label="label1564" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WarrantsAndRightsOutstanding_en-US">Fair value of warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1564" xlink:to="label1564" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1565" />
        <label xlink:type="resource" xlink:label="label1565" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Weighted Average Number Of Diluted Shares Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1565" xlink:to="label1565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1566" />
        <label xlink:type="resource" xlink:label="label1566" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Diluted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1566" xlink:to="label1566" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="element1567" />
        <label xlink:type="resource" xlink:label="label1567" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_en-US">Diluted weighted average shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1567" xlink:to="label1567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="element1568" />
        <label xlink:type="resource" xlink:label="label1568" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_en-US">Weighted Average Number Of Shares Outstanding [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1568" xlink:to="label1568" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="element1569" />
        <label xlink:type="resource" xlink:label="label1569" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_en-US">Weighted average number of common shares outstanding:</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1569" xlink:to="label1569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="element1570" />
        <label xlink:type="resource" xlink:label="label1570" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageMember_en-US">Weighted Average [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1570" xlink:to="label1570" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1571" />
        <label xlink:type="resource" xlink:label="label1571" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Weighted Average Number Of Shares Outstanding Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1571" xlink:to="label1571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1572" />
        <label xlink:type="resource" xlink:label="label1572" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Basic</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1572" xlink:to="label1572" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="element1573" />
        <label xlink:type="resource" xlink:label="label1573" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_en-US">Basic weighted average shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1573" xlink:to="label1573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:label="element1574" />
        <label xlink:type="resource" xlink:label="label1574" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_en-US">WeightedAverageNumberDilutedSharesOutstandingAdjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1574" xlink:to="label1574" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:label="element1575" />
        <label xlink:type="resource" xlink:label="label1575" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_en-US">Potentially dilutive securities excluded from the diluted EPS because of antidilutive effect</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1575" xlink:to="label1575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_GB" xlink:label="element1576" />
        <label xlink:type="resource" xlink:label="label1576" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_GB_en-US">United Kingdom [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1576" xlink:to="label1576" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_GB" xlink:label="element1577" />
        <label xlink:type="resource" xlink:label="label1577" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_GB_en-US">G B [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1577" xlink:to="label1577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_PR" xlink:label="element1578" />
        <label xlink:type="resource" xlink:label="label1578" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_PR_en-US">Puerto Rico [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1578" xlink:to="label1578" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_PR" xlink:label="element1579" />
        <label xlink:type="resource" xlink:label="label1579" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_PR_en-US">P R [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1579" xlink:to="label1579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="element1580" />
        <label xlink:type="resource" xlink:label="label1580" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_country_US_en-US">U S [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1580" xlink:to="label1580" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="element1581" />
        <label xlink:type="resource" xlink:label="label1581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_country_US_en-US">United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1581" xlink:to="label1581" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1582" />
        <label xlink:type="resource" xlink:label="label1582" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated other comprehensive income loss, deferred income tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1582" xlink:to="label1582" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1583" />
        <label xlink:type="resource" xlink:label="label1583" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated Other Comprehensive Income Loss Deferred Income Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1583" xlink:to="label1583" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="element1584" />
        <label xlink:type="resource" xlink:label="label1584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_en-US">Accumulated other comprehensive income (loss), taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1584" xlink:to="label1584" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1585" />
        <label xlink:type="resource" xlink:label="label1585" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1585" xlink:to="label1585" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1586" />
        <label xlink:type="resource" xlink:label="label1586" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">Adjustment Gains Losses On Extinguishment Of Debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1586" xlink:to="label1586" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1587" />
        <label xlink:type="resource" xlink:label="label1587" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">(Gains) losses on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1587" xlink:to="label1587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="element1588" />
        <label xlink:type="resource" xlink:label="label1588" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_en-US">(Gains) losses on extinguishment of debt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1588" xlink:to="label1588" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1589" />
        <label xlink:type="resource" xlink:label="label1589" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1589" xlink:to="label1589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1590" />
        <label xlink:type="resource" xlink:label="label1590" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1590" xlink:to="label1590" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="element1591" />
        <label xlink:type="resource" xlink:label="label1591" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdvisoryServicesMember_en-US">Advisory Services [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1591" xlink:to="label1591" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1592" />
        <label xlink:type="resource" xlink:label="label1592" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherEmbeddedMember_en-US">All Other Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1592" xlink:to="label1592" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1593" />
        <label xlink:type="resource" xlink:label="label1593" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherEmbeddedMember_en-US">All Other Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1593" xlink:to="label1593" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="element1594" />
        <label xlink:type="resource" xlink:label="label1594" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherEmbeddedMember_en-US">All Other-Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1594" xlink:to="label1594" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1595" />
        <label xlink:type="resource" xlink:label="label1595" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherSecuritiesMember_en-US">All Other Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1595" xlink:to="label1595" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1596" />
        <label xlink:type="resource" xlink:label="label1596" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherSecuritiesMember_en-US">All Other Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1596" xlink:to="label1596" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="element1597" />
        <label xlink:type="resource" xlink:label="label1597" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherSecuritiesMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1597" xlink:to="label1597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="element1598" />
        <label xlink:type="resource" xlink:label="label1598" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherVIEMember_en-US">All Other V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1598" xlink:to="label1598" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="element1599" />
        <label xlink:type="resource" xlink:label="label1599" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherVIEMember_en-US">All Other V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1599" xlink:to="label1599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="element1600" />
        <label xlink:type="resource" xlink:label="label1600" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AllOtherVIEMember_en-US">All Other-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1600" xlink:to="label1600" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1601" />
        <label xlink:type="resource" xlink:label="label1601" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Approximate percentage of level 3 assets at fair value in total assets measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1601" xlink:to="label1601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1602" />
        <label xlink:type="resource" xlink:label="label1602" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Approximate Percentage Of Level 3 Assets At Fair Value In Total Assets Measured At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1602" xlink:to="label1602" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="element1603" />
        <label xlink:type="resource" xlink:label="label1603" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_en-US">Percentage of level 3 assets at fair value in total assets measured at fair value value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1603" xlink:to="label1603" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1604" />
        <label xlink:type="resource" xlink:label="label1604" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Approximate percentage of level 3 liabilities at fair value in total liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1604" xlink:to="label1604" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1605" />
        <label xlink:type="resource" xlink:label="label1605" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Approximate Percentage Of Level 3 Liabilities At Fair Value In Total Liabilities Measured At Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1605" xlink:to="label1605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="element1606" />
        <label xlink:type="resource" xlink:label="label1606" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_en-US">Percentage of level 3 liabilities at fair value in total liabilities measured at fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1606" xlink:to="label1606" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1607" />
        <label xlink:type="resource" xlink:label="label1607" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset Liability Products Business [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1607" xlink:to="label1607" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1608" />
        <label xlink:type="resource" xlink:label="label1608" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset Liability Products Business [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1608" xlink:to="label1608" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="element1609" />
        <label xlink:type="resource" xlink:label="label1609" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetLiabilityProductsBusinessMember_en-US">Asset / Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1609" xlink:to="label1609" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1610" />
        <label xlink:type="resource" xlink:label="label1610" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsMember_en-US">Asset/Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1610" xlink:to="label1610" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1611" />
        <label xlink:type="resource" xlink:label="label1611" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsMember_en-US">Asset Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1611" xlink:to="label1611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="element1612" />
        <label xlink:type="resource" xlink:label="label1612" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetLiabilityProductsMember_en-US">Asset/Liability Products [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1612" xlink:to="label1612" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1613" />
        <label xlink:type="resource" xlink:label="label1613" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1613" xlink:to="label1613" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1614" />
        <label xlink:type="resource" xlink:label="label1614" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets Of Consolidated V I Es [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1614" xlink:to="label1614" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="element1615" />
        <label xlink:type="resource" xlink:label="label1615" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetsOfConsolidatedVIEsMember_en-US">Assets Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1615" xlink:to="label1615" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="element1616" />
        <label xlink:type="resource" xlink:label="label1616" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BETValuationModelMember_en-US">B E T Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1616" xlink:to="label1616" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="element1617" />
        <label xlink:type="resource" xlink:label="label1617" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BETValuationModelMember_en-US">B E T Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1617" xlink:to="label1617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="element1618" />
        <label xlink:type="resource" xlink:label="label1618" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BETValuationModelMember_en-US">BET Valuation Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1618" xlink:to="label1618" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="element1619" />
        <label xlink:type="resource" xlink:label="label1619" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_BETValuationModelMember_en-US">BET Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1619" xlink:to="label1619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BreachRateMember" xlink:label="element1620" />
        <label xlink:type="resource" xlink:label="label1620" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BreachRateMember_en-US">Breach Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1620" xlink:to="label1620" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BreachRateMember" xlink:label="element1621" />
        <label xlink:type="resource" xlink:label="label1621" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BreachRateMember_en-US">Breach Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1621" xlink:to="label1621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BreachRateMember" xlink:label="element1622" />
        <label xlink:type="resource" xlink:label="label1622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BreachRateMember_en-US">Breach Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1622" xlink:to="label1622" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1623" />
        <label xlink:type="resource" xlink:label="label1623" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital losses carry forward period in years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1623" xlink:to="label1623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1624" />
        <label xlink:type="resource" xlink:label="label1624" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital Losses Carry Forward Period In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1624" xlink:to="label1624" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="element1625" />
        <label xlink:type="resource" xlink:label="label1625" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CapitalLossesCarryForwardPeriodInYears_en-US">Capital losses carryforward period in years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1625" xlink:to="label1625" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1626" />
        <label xlink:type="resource" xlink:label="label1626" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash And Money Market Securities Collateral for Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1626" xlink:to="label1626" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1627" />
        <label xlink:type="resource" xlink:label="label1627" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash And Money Market Securities Collateral For Investment Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1627" xlink:to="label1627" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="element1628" />
        <label xlink:type="resource" xlink:label="label1628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_en-US">Cash and money market securities pledged as collateral under investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1628" xlink:to="label1628" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListHighMember" xlink:label="element1629" />
        <label xlink:type="resource" xlink:label="label1629" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1629" xlink:to="label1629" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListHighMember" xlink:label="element1630" />
        <label xlink:type="resource" xlink:label="label1630" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1630" xlink:to="label1630" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListHighMember" xlink:label="element1631" />
        <label xlink:type="resource" xlink:label="label1631" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListHighMember_en-US">Caution List High [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1631" xlink:to="label1631" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListLowMember" xlink:label="element1632" />
        <label xlink:type="resource" xlink:label="label1632" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1632" xlink:to="label1632" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListLowMember" xlink:label="element1633" />
        <label xlink:type="resource" xlink:label="label1633" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1633" xlink:to="label1633" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListLowMember" xlink:label="element1634" />
        <label xlink:type="resource" xlink:label="label1634" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListLowMember_en-US">Caution List Low [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1634" xlink:to="label1634" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListMediumMember" xlink:label="element1635" />
        <label xlink:type="resource" xlink:label="label1635" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1635" xlink:to="label1635" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListMediumMember" xlink:label="element1636" />
        <label xlink:type="resource" xlink:label="label1636" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1636" xlink:to="label1636" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListMediumMember" xlink:label="element1637" />
        <label xlink:type="resource" xlink:label="label1637" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CautionListMediumMember_en-US">Caution List Medium [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1637" xlink:to="label1637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAmericasMember" xlink:label="element1638" />
        <label xlink:type="resource" xlink:label="label1638" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAmericasMember_en-US">Other Americas [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1638" xlink:to="label1638" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAmericasMember" xlink:label="element1639" />
        <label xlink:type="resource" xlink:label="label1639" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAmericasMember_en-US">Other Americas [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1639" xlink:to="label1639" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAmericasMember" xlink:label="element1640" />
        <label xlink:type="resource" xlink:label="label1640" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAmericasMember_en-US">Other Americas [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1640" xlink:to="label1640" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1641" />
        <label xlink:type="resource" xlink:label="label1641" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change In Recoveries Of Actual And Expected Payments Related To Ineligible Mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1641" xlink:to="label1641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1642" />
        <label xlink:type="resource" xlink:label="label1642" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change In Recoveries Of Actual And Expected Payments Related To Ineligible Mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1642" xlink:to="label1642" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="element1643" />
        <label xlink:type="resource" xlink:label="label1643" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_en-US">Change in recoveries of actual and expected payments primarily related to ineligible mortgages</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1643" xlink:to="label1643" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1644" />
        <label xlink:type="resource" xlink:label="label1644" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains (Losses) For The Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1644" xlink:to="label1644" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1645" />
        <label xlink:type="resource" xlink:label="label1645" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1645" xlink:to="label1645" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="element1646" />
        <label xlink:type="resource" xlink:label="label1646" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_en-US">Change In Unrealized Gains (Losses) For The Period Included In Earnings For Assets And Liabilities Still Held [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1646" xlink:to="label1646" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1647" />
        <label xlink:type="resource" xlink:label="label1647" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">Changes In Fair Value Included In CompanyS Consolidated Income Statement For All Financial Instruments For Which Fair Value Option Was Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1647" xlink:to="label1647" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1648" />
        <label xlink:type="resource" xlink:label="label1648" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">Changes In Fair Value Included In Company S Consolidated Income Statement For All Financial Instruments For Which Fair Value Option Was Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1648" xlink:to="label1648" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="element1649" />
        <label xlink:type="resource" xlink:label="label1649" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_en-US">OLD Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1649" xlink:to="label1649" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1650" />
        <label xlink:type="resource" xlink:label="label1650" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1650" xlink:to="label1650" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1651" />
        <label xlink:type="resource" xlink:label="label1651" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1651" xlink:to="label1651" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="element1652" />
        <label xlink:type="resource" xlink:label="label1652" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimLiabilityAxis_en-US">Claim Liability [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1652" xlink:to="label1652" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1653" />
        <label xlink:type="resource" xlink:label="label1653" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1653" xlink:to="label1653" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1654" />
        <label xlink:type="resource" xlink:label="label1654" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1654" xlink:to="label1654" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="element1655" />
        <label xlink:type="resource" xlink:label="label1655" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimLiabilityDomain_en-US">Claim Liability [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1655" xlink:to="label1655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimPayments" xlink:label="element1656" />
        <label xlink:type="resource" xlink:label="label1656" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClaimPayments_en-US">This element represents the gross amount of claim payments during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1656" xlink:to="label1656" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimPayments" xlink:label="element1657" />
        <label xlink:type="resource" xlink:label="label1657" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClaimPayments_en-US">Claim Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1657" xlink:to="label1657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimPayments" xlink:label="element1658" />
        <label xlink:type="resource" xlink:label="label1658" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClaimPayments_en-US">Claims payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1658" xlink:to="label1658" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassifiedListMember" xlink:label="element1659" />
        <label xlink:type="resource" xlink:label="label1659" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1659" xlink:to="label1659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassifiedListMember" xlink:label="element1660" />
        <label xlink:type="resource" xlink:label="label1660" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1660" xlink:to="label1660" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassifiedListMember" xlink:label="element1661" />
        <label xlink:type="resource" xlink:label="label1661" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassifiedListMember_en-US">Classified List [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1661" xlink:to="label1661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1662" />
        <label xlink:type="resource" xlink:label="label1662" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CollectionsForCasesWithRecoveries_en-US">Cash receipts related to recoveries of previously paid claims</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1662" xlink:to="label1662" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1663" />
        <label xlink:type="resource" xlink:label="label1663" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CollectionsForCasesWithRecoveries_en-US">Collections For Cases With Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1663" xlink:to="label1663" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="element1664" />
        <label xlink:type="resource" xlink:label="label1664" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_CollectionsForCasesWithRecoveries_en-US">Collections for Cases with Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1664" xlink:to="label1664" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1665" />
        <label xlink:type="resource" xlink:label="label1665" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">Commercial Mortgage-Backed Securities Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1665" xlink:to="label1665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1666" />
        <label xlink:type="resource" xlink:label="label1666" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">Commercial Mortgage Backed Securities Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1666" xlink:to="label1666" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="element1667" />
        <label xlink:type="resource" xlink:label="label1667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_en-US">CMBS Spreads [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1667" xlink:to="label1667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1668" />
        <label xlink:type="resource" xlink:label="label1668" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedGrossInsuredExposure_en-US">This element represents the gross insured exposure commuted duting the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1668" xlink:to="label1668" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1669" />
        <label xlink:type="resource" xlink:label="label1669" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedGrossInsuredExposure_en-US">Commuted Gross Insured Exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1669" xlink:to="label1669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="element1670" />
        <label xlink:type="resource" xlink:label="label1670" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommutedGrossInsuredExposure_en-US">Commuted gross insured exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1670" xlink:to="label1670" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConduitsMember" xlink:label="element1671" />
        <label xlink:type="resource" xlink:label="label1671" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConduitsMember_en-US">Conduits [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1671" xlink:to="label1671" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConduitsMember" xlink:label="element1672" />
        <label xlink:type="resource" xlink:label="label1672" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConduitsMember_en-US">Conduits [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1672" xlink:to="label1672" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConduitsMember" xlink:label="element1673" />
        <label xlink:type="resource" xlink:label="label1673" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConduitsMember_en-US">Conduit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1673" xlink:to="label1673" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1674" />
        <label xlink:type="resource" xlink:label="label1674" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1674" xlink:to="label1674" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1675" />
        <label xlink:type="resource" xlink:label="label1675" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1675" xlink:to="label1675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="element1676" />
        <label xlink:type="resource" xlink:label="label1676" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsumerAssetBackedMember_en-US">Consumer Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1676" xlink:to="label1676" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1677" />
        <label xlink:type="resource" xlink:label="label1677" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1677" xlink:to="label1677" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1678" />
        <label xlink:type="resource" xlink:label="label1678" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1678" xlink:to="label1678" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="element1679" />
        <label xlink:type="resource" xlink:label="label1679" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_en-US">Contract claims on ineligible mortgage loans inception to date, incurred loss on transactions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1679" xlink:to="label1679" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1680" />
        <label xlink:type="resource" xlink:label="label1680" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateAssetBackedMember_en-US">Corporate Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1680" xlink:to="label1680" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1681" />
        <label xlink:type="resource" xlink:label="label1681" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateAssetBackedMember_en-US">Corporate Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1681" xlink:to="label1681" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="element1682" />
        <label xlink:type="resource" xlink:label="label1682" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateAssetBackedMember_en-US">Corporate Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1682" xlink:to="label1682" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="element1683" />
        <label xlink:type="resource" xlink:label="label1683" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateObligationMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1683" xlink:to="label1683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="element1684" />
        <label xlink:type="resource" xlink:label="label1684" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateObligationMember_en-US">Corporate Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1684" xlink:to="label1684" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="element1685" />
        <label xlink:type="resource" xlink:label="label1685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateObligationMember_en-US">Corporate Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1685" xlink:to="label1685" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateOperationsMember" xlink:label="element1686" />
        <label xlink:type="resource" xlink:label="label1686" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CorporateOperationsMember_en-US">Corporate Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1686" xlink:to="label1686" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateOperationsMember" xlink:label="element1687" />
        <label xlink:type="resource" xlink:label="label1687" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CorporateOperationsMember_en-US">Corporate Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1687" xlink:to="label1687" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateOperationsMember" xlink:label="element1688" />
        <label xlink:type="resource" xlink:label="label1688" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CorporateOperationsMember_en-US">Corporate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1688" xlink:to="label1688" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="element1689" />
        <label xlink:type="resource" xlink:label="label1689" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditDerivativesMember_en-US">Credit derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1689" xlink:to="label1689" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="element1690" />
        <label xlink:type="resource" xlink:label="label1690" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditDerivativesMember_en-US">Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1690" xlink:to="label1690" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="element1691" />
        <label xlink:type="resource" xlink:label="label1691" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditDerivativesMember_en-US">Credit Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1691" xlink:to="label1691" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1692" />
        <label xlink:type="resource" xlink:label="label1692" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingAaaMember_en-US">Credit Rating AAA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1692" xlink:to="label1692" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1693" />
        <label xlink:type="resource" xlink:label="label1693" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingAaaMember_en-US">Credit Rating Aaa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1693" xlink:to="label1693" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaaMember" xlink:label="element1694" />
        <label xlink:type="resource" xlink:label="label1694" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingAaaMember_en-US">AAA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1694" xlink:to="label1694" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaMember" xlink:label="element1695" />
        <label xlink:type="resource" xlink:label="label1695" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingAaMember_en-US">Credit Rating AA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1695" xlink:to="label1695" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaMember" xlink:label="element1696" />
        <label xlink:type="resource" xlink:label="label1696" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingAaMember_en-US">Credit Rating Aa [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1696" xlink:to="label1696" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaMember" xlink:label="element1697" />
        <label xlink:type="resource" xlink:label="label1697" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingAaMember_en-US">AA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1697" xlink:to="label1697" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1698" />
        <label xlink:type="resource" xlink:label="label1698" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingBbbMember_en-US">Credit Rating BBB [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1698" xlink:to="label1698" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1699" />
        <label xlink:type="resource" xlink:label="label1699" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingBbbMember_en-US">Credit Rating Bbb [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1699" xlink:to="label1699" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBbbMember" xlink:label="element1700" />
        <label xlink:type="resource" xlink:label="label1700" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingBbbMember_en-US">BBB [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1700" xlink:to="label1700" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1701" />
        <label xlink:type="resource" xlink:label="label1701" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Credit Rating Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1701" xlink:to="label1701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1702" />
        <label xlink:type="resource" xlink:label="label1702" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Credit Rating Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1702" xlink:to="label1702" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="element1703" />
        <label xlink:type="resource" xlink:label="label1703" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingBelowInvestmentGradeMember_en-US">Below Investment Grade [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1703" xlink:to="label1703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingaMember" xlink:label="element1704" />
        <label xlink:type="resource" xlink:label="label1704" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CreditRatingaMember_en-US">Credit Rating A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1704" xlink:to="label1704" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingaMember" xlink:label="element1705" />
        <label xlink:type="resource" xlink:label="label1705" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CreditRatingaMember_en-US">Credit Ratinga [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1705" xlink:to="label1705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingaMember" xlink:label="element1706" />
        <label xlink:type="resource" xlink:label="label1706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CreditRatingaMember_en-US">Credit Rating A [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1706" xlink:to="label1706" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1707" />
        <label xlink:type="resource" xlink:label="label1707" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1707" xlink:to="label1707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1708" />
        <label xlink:type="resource" xlink:label="label1708" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Available For Sale Cumulative Other Than Temporary Impairment Of Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1708" xlink:to="label1708" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element1709" />
        <label xlink:type="resource" xlink:label="label1709" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1709" xlink:to="label1709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1710" />
        <label xlink:type="resource" xlink:label="label1710" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1710" xlink:to="label1710" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1711" />
        <label xlink:type="resource" xlink:label="label1711" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1711" xlink:to="label1711" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="element1712" />
        <label xlink:type="resource" xlink:label="label1712" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrencyDerivativesMember_en-US">Currency Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1712" xlink:to="label1712" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1713" />
        <label xlink:type="resource" xlink:label="label1713" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CurrencySwapsVieMember_en-US">Currency Swaps -VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1713" xlink:to="label1713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1714" />
        <label xlink:type="resource" xlink:label="label1714" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CurrencySwapsVieMember_en-US">Currency Swaps Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1714" xlink:to="label1714" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="element1715" />
        <label xlink:type="resource" xlink:label="label1715" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CurrencySwapsVieMember_en-US">Currency Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1715" xlink:to="label1715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1716" />
        <label xlink:type="resource" xlink:label="label1716" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">The tax effect as of the balance sheet date of the amount of the estimated future tax deductions, before any related valuation allowance, arising from unrealized losses on available-for-sale securities which can only be deducted for tax purposes when the losses are realized.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1716" xlink:to="label1716" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1717" />
        <label xlink:type="resource" xlink:label="label1717" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">Deferred Tax Assets Unrealized Losses On Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1717" xlink:to="label1717" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="element1718" />
        <label xlink:type="resource" xlink:label="label1718" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_en-US">Deferred tax assets related to net unrealized losses on investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1718" xlink:to="label1718" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1719" />
        <label xlink:type="resource" xlink:label="label1719" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative Asset Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1719" xlink:to="label1719" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1720" />
        <label xlink:type="resource" xlink:label="label1720" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1720" xlink:to="label1720" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="element1721" />
        <label xlink:type="resource" xlink:label="label1721" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets, Designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1721" xlink:to="label1721" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1722" />
        <label xlink:type="resource" xlink:label="label1722" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1722" xlink:to="label1722" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1723" />
        <label xlink:type="resource" xlink:label="label1723" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1723" xlink:to="label1723" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="element1724" />
        <label xlink:type="resource" xlink:label="label1724" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsMember_en-US">Derivative Assets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1724" xlink:to="label1724" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1725" />
        <label xlink:type="resource" xlink:label="label1725" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets, Not designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1725" xlink:to="label1725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1726" />
        <label xlink:type="resource" xlink:label="label1726" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Assets Not Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1726" xlink:to="label1726" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1727" />
        <label xlink:type="resource" xlink:label="label1727" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative Asset Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1727" xlink:to="label1727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1728" />
        <label xlink:type="resource" xlink:label="label1728" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1728" xlink:to="label1728" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1729" />
        <label xlink:type="resource" xlink:label="label1729" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1729" xlink:to="label1729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="element1730" />
        <label xlink:type="resource" xlink:label="label1730" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsVIEMember_en-US">Derivative Assets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1730" xlink:to="label1730" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1731" />
        <label xlink:type="resource" xlink:label="label1731" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative assets, after counterparty netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1731" xlink:to="label1731" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1732" />
        <label xlink:type="resource" xlink:label="label1732" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1732" xlink:to="label1732" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="element1733" />
        <label xlink:type="resource" xlink:label="label1733" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Asset Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1733" xlink:to="label1733" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1734" />
        <label xlink:type="resource" xlink:label="label1734" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other assets and other assets of consolidated VIEs, after counterparty netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1734" xlink:to="label1734" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1735" />
        <label xlink:type="resource" xlink:label="label1735" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other Assets And Derivative Assets Vie After Counterparty Netting And Embedded Reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1735" xlink:to="label1735" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element1736" />
        <label xlink:type="resource" xlink:label="label1736" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative Fair Value Of Derivative Assets Reported In Derivative Assets And Derivative Assets VIEs Net Of Counterparty Netting And Embedded Reclasses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1736" xlink:to="label1736" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1737" />
        <label xlink:type="resource" xlink:label="label1737" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative liabilities, after counterparty netting and posting of cash collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1737" xlink:to="label1737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1738" />
        <label xlink:type="resource" xlink:label="label1738" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1738" xlink:to="label1738" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="element1739" />
        <label xlink:type="resource" xlink:label="label1739" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_en-US">Derivative Fair Value Of Derivative Liability Net Of Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1739" xlink:to="label1739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1740" />
        <label xlink:type="resource" xlink:label="label1740" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities, Designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1740" xlink:to="label1740" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1741" />
        <label xlink:type="resource" xlink:label="label1741" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1741" xlink:to="label1741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="element1742" />
        <label xlink:type="resource" xlink:label="label1742" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative liability Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1742" xlink:to="label1742" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="element1743" />
        <label xlink:type="resource" xlink:label="label1743" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesMember_en-US">Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1743" xlink:to="label1743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="element1744" />
        <label xlink:type="resource" xlink:label="label1744" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesMember_en-US">Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1744" xlink:to="label1744" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1745" />
        <label xlink:type="resource" xlink:label="label1745" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities, Not designated, Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1745" xlink:to="label1745" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1746" />
        <label xlink:type="resource" xlink:label="label1746" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Derivative Liabilities Not Designated As Hedging Instrument Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1746" xlink:to="label1746" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="element1747" />
        <label xlink:type="resource" xlink:label="label1747" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_en-US">Fair value of derivative liability Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1747" xlink:to="label1747" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1748" />
        <label xlink:type="resource" xlink:label="label1748" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities, Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1748" xlink:to="label1748" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1749" />
        <label xlink:type="resource" xlink:label="label1749" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1749" xlink:to="label1749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="element1750" />
        <label xlink:type="resource" xlink:label="label1750" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesOtherInvestmentsMember_en-US">Derivative Liabilities Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1750" xlink:to="label1750" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1751" />
        <label xlink:type="resource" xlink:label="label1751" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1751" xlink:to="label1751" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1752" />
        <label xlink:type="resource" xlink:label="label1752" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1752" xlink:to="label1752" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="element1753" />
        <label xlink:type="resource" xlink:label="label1753" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilitiesVIEMember_en-US">Derivative Liabilities VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1753" xlink:to="label1753" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1754" />
        <label xlink:type="resource" xlink:label="label1754" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Insured derivatives ceded under reinsurance agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1754" xlink:to="label1754" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1755" />
        <label xlink:type="resource" xlink:label="label1755" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Derivatives Ceded Under Reinsurance Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1755" xlink:to="label1755" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="element1756" />
        <label xlink:type="resource" xlink:label="label1756" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativesCededUnderReinsuranceAgreements_en-US">Derivatives Ceded Under Reinsurance Agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1756" xlink:to="label1756" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1757" />
        <label xlink:type="resource" xlink:label="label1757" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1757" xlink:to="label1757" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1758" />
        <label xlink:type="resource" xlink:label="label1758" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between Aggregate Fair Value And Aggregate Remaining Contractual Principal For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1758" xlink:to="label1758" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="element1759" />
        <label xlink:type="resource" xlink:label="label1759" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_en-US">Difference Between The Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1759" xlink:to="label1759" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="element1760" />
        <label xlink:type="resource" xlink:label="label1760" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1760" xlink:to="label1760" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="element1761" />
        <label xlink:type="resource" xlink:label="label1761" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1761" xlink:to="label1761" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="element1762" />
        <label xlink:type="resource" xlink:label="label1762" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DirectPriceModelMember_en-US">Direct Price Model [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1762" xlink:to="label1762" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1763" />
        <label xlink:type="resource" xlink:label="label1763" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1763" xlink:to="label1763" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1764" />
        <label xlink:type="resource" xlink:label="label1764" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1764" xlink:to="label1764" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="element1765" />
        <label xlink:type="resource" xlink:label="label1765" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1765" xlink:to="label1765" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1766" />
        <label xlink:type="resource" xlink:label="label1766" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1766" xlink:to="label1766" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1767" />
        <label xlink:type="resource" xlink:label="label1767" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1767" xlink:to="label1767" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="element1768" />
        <label xlink:type="resource" xlink:label="label1768" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_en-US">Disclosed At Fair Value Not Recorded At Fair Value [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1768" xlink:to="label1768" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1769" />
        <label xlink:type="resource" xlink:label="label1769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure - Business Developments, Risks And Uncertainties, And Liquidity (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1769" xlink:to="label1769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1770" />
        <label xlink:type="resource" xlink:label="label1770" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure Business Developments Risks And Uncertainties And Liquidity Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1770" xlink:to="label1770" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="element1771" />
        <label xlink:type="resource" xlink:label="label1771" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_en-US">Disclosure - Business Developments, Risks And Uncertainties, And Liquidity (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1771" xlink:to="label1771" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1772" />
        <label xlink:type="resource" xlink:label="label1772" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure - Business Segments (Summary Of Company's Segment Results) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1772" xlink:to="label1772" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1773" />
        <label xlink:type="resource" xlink:label="label1773" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure Business Segments Summary Of Companys Segment Results [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1773" xlink:to="label1773" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="element1774" />
        <label xlink:type="resource" xlink:label="label1774" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_en-US">Disclosure - Business Segments (Summary Of Company's Segment Results) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1774" xlink:to="label1774" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1775" />
        <label xlink:type="resource" xlink:label="label1775" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1775" xlink:to="label1775" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1776" />
        <label xlink:type="resource" xlink:label="label1776" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure Business Segments Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1776" xlink:to="label1776" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="element1777" />
        <label xlink:type="resource" xlink:label="label1777" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_en-US">Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1777" xlink:to="label1777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1778" />
        <label xlink:type="resource" xlink:label="label1778" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure - Derivative Instruments (Credit Derivatives Sold) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1778" xlink:to="label1778" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1779" />
        <label xlink:type="resource" xlink:label="label1779" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure Derivative Instruments Credit Derivatives Sold [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1779" xlink:to="label1779" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="element1780" />
        <label xlink:type="resource" xlink:label="label1780" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_en-US">Disclosure - Derivative Instruments (Credit Derivatives Sold) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1780" xlink:to="label1780" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1781" />
        <label xlink:type="resource" xlink:label="label1781" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1781" xlink:to="label1781" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1782" />
        <label xlink:type="resource" xlink:label="label1782" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure Derivative Instruments Effect Of Derivative Instruments On Consolidated Statements Of Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1782" xlink:to="label1782" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="element1783" />
        <label xlink:type="resource" xlink:label="label1783" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1783" xlink:to="label1783" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1784" />
        <label xlink:type="resource" xlink:label="label1784" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure - Derivative Instruments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1784" xlink:to="label1784" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1785" />
        <label xlink:type="resource" xlink:label="label1785" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure Derivative Instruments Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1785" xlink:to="label1785" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="element1786" />
        <label xlink:type="resource" xlink:label="label1786" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_en-US">Disclosure - Derivative Instruments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1786" xlink:to="label1786" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1787" />
        <label xlink:type="resource" xlink:label="label1787" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1787" xlink:to="label1787" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1788" />
        <label xlink:type="resource" xlink:label="label1788" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure Derivative Instruments Total Fair Value Of Companys Derivative Assets And Liabilities By Instrument And Balance Sheet Location Before Counterparty Netting [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1788" xlink:to="label1788" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="element1789" />
        <label xlink:type="resource" xlink:label="label1789" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_en-US">Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1789" xlink:to="label1789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1790" />
        <label xlink:type="resource" xlink:label="label1790" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure - Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1790" xlink:to="label1790" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1791" />
        <label xlink:type="resource" xlink:label="label1791" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure Earnings Per Share Schedule Of Basic And Diluted Earnings Per Share [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1791" xlink:to="label1791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="element1792" />
        <label xlink:type="resource" xlink:label="label1792" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_en-US">Disclosure - Earnings Per Share (Schedule Of Basic And Diluted Earnings Per Share) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1792" xlink:to="label1792" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1793" />
        <label xlink:type="resource" xlink:label="label1793" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Fair Value Included In The Company's Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1793" xlink:to="label1793" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1794" />
        <label xlink:type="resource" xlink:label="label1794" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure Fair Value Measurement Changes In Fair Value Included In Companys Consolidated Statements Of Operations [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1794" xlink:to="label1794" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="element1795" />
        <label xlink:type="resource" xlink:label="label1795" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Fair Value Included In The Company's Consolidated Statements Of Operations) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1795" xlink:to="label1795" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1796" />
        <label xlink:type="resource" xlink:label="label1796" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1796" xlink:to="label1796" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1797" />
        <label xlink:type="resource" xlink:label="label1797" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Changes In Level 3 Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1797" xlink:to="label1797" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1798" />
        <label xlink:type="resource" xlink:label="label1798" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1798" xlink:to="label1798" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1799" />
        <label xlink:type="resource" xlink:label="label1799" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1799" xlink:to="label1799" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1800" />
        <label xlink:type="resource" xlink:label="label1800" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Companys Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1800" xlink:to="label1800" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1801" />
        <label xlink:type="resource" xlink:label="label1801" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1801" xlink:to="label1801" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1802" />
        <label xlink:type="resource" xlink:label="label1802" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure - Fair Value Measurement (Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1802" xlink:to="label1802" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1803" />
        <label xlink:type="resource" xlink:label="label1803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure Fair Value Measurement Difference Between Aggregate Fair Value And Aggregate Remaining Contractual Principal Balance Outstanding [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1803" xlink:to="label1803" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="element1804" />
        <label xlink:type="resource" xlink:label="label1804" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_en-US">Disclosure - Fair Value Measurement (Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1804" xlink:to="label1804" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1805" />
        <label xlink:type="resource" xlink:label="label1805" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure - Fair Value Measurement (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1805" xlink:to="label1805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1806" />
        <label xlink:type="resource" xlink:label="label1806" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure Fair Value Measurement Fair Value Hierarchy Table Presents Companys Assets And Liabilities At Fair Value Not Recorded On Companys Consolidated Balance Sheet [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1806" xlink:to="label1806" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="element1807" />
        <label xlink:type="resource" xlink:label="label1807" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_en-US">Disclosure - Fair Value Measurement (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1807" xlink:to="label1807" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1808" />
        <label xlink:type="resource" xlink:label="label1808" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure - Fair Value Measurement (Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1808" xlink:to="label1808" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1809" />
        <label xlink:type="resource" xlink:label="label1809" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure Fair Value Measurement Gains And Losses Realized And Unrealized Included In Earnings Pertaining To Level 3 Assets And Liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1809" xlink:to="label1809" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="element1810" />
        <label xlink:type="resource" xlink:label="label1810" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_en-US">Disclosure - Fair Value Measurement (Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1810" xlink:to="label1810" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1811" />
        <label xlink:type="resource" xlink:label="label1811" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure - Fair Value Measurement (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1811" xlink:to="label1811" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1812" />
        <label xlink:type="resource" xlink:label="label1812" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure Fair Value Measurement Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1812" xlink:to="label1812" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="element1813" />
        <label xlink:type="resource" xlink:label="label1813" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementNarrativeAbstract_en-US">Disclosure - Fair Value Measurement (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1813" xlink:to="label1813" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1814" />
        <label xlink:type="resource" xlink:label="label1814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1814" xlink:to="label1814" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1815" />
        <label xlink:type="resource" xlink:label="label1815" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure Fair Value Measurement Quantitative Information Regarding Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On Recurring Basis [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1815" xlink:to="label1815" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="element1816" />
        <label xlink:type="resource" xlink:label="label1816" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_en-US">Disclosure - Fair Value Measurement (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1816" xlink:to="label1816" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1817" />
        <label xlink:type="resource" xlink:label="label1817" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1817" xlink:to="label1817" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1818" />
        <label xlink:type="resource" xlink:label="label1818" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure Income Taxes Income Taxes And Related Effective Tax Rates [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1818" xlink:to="label1818" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="element1819" />
        <label xlink:type="resource" xlink:label="label1819" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_en-US">Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1819" xlink:to="label1819" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1820" />
        <label xlink:type="resource" xlink:label="label1820" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure - Income Taxes (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1820" xlink:to="label1820" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1821" />
        <label xlink:type="resource" xlink:label="label1821" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure Income Taxes Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1821" xlink:to="label1821" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="element1822" />
        <label xlink:type="resource" xlink:label="label1822" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureIncomeTaxesNarrativeAbstract_en-US">Disclosure - Income Taxes (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1822" xlink:to="label1822" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1823" />
        <label xlink:type="resource" xlink:label="label1823" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure - Investments (Investment Securities Whose Book Value Exceeded Market Value By More Than 5%) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1823" xlink:to="label1823" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1824" />
        <label xlink:type="resource" xlink:label="label1824" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure Investments Investment Securities Whose Book Value Exceeded Market Value By More Than 5 [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1824" xlink:to="label1824" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="element1825" />
        <label xlink:type="resource" xlink:label="label1825" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_en-US">Disclosure - Investments (Investment Securities Whose Book Value Exceeded Market Value By More Than 5%) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1825" xlink:to="label1825" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1826" />
        <label xlink:type="resource" xlink:label="label1826" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure - Investments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1826" xlink:to="label1826" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1827" />
        <label xlink:type="resource" xlink:label="label1827" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure Investments Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1827" xlink:to="label1827" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="element1828" />
        <label xlink:type="resource" xlink:label="label1828" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsNarrativeAbstract_en-US">Disclosure - Investments (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1828" xlink:to="label1828" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1829" />
        <label xlink:type="resource" xlink:label="label1829" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And The Related Insurance Loss Reserve On Company Insured Investments) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1829" xlink:to="label1829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1830" />
        <label xlink:type="resource" xlink:label="label1830" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure Investments Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And Related Insurance Loss Reserve On Company Insured Investments [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1830" xlink:to="label1830" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="element1831" />
        <label xlink:type="resource" xlink:label="label1831" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_en-US">Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And The Related Insurance Loss Reserve On Company Insured Investments) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1831" xlink:to="label1831" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1832" />
        <label xlink:type="resource" xlink:label="label1832" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1832" xlink:to="label1832" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1833" />
        <label xlink:type="resource" xlink:label="label1833" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Loss And Loss Adjustment Expense Activity Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1833" xlink:to="label1833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="element1834" />
        <label xlink:type="resource" xlink:label="label1834" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1834" xlink:to="label1834" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1835" />
        <label xlink:type="resource" xlink:label="label1835" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1835" xlink:to="label1835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1836" />
        <label xlink:type="resource" xlink:label="label1836" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Financial Guarantees And Related Claim Liability [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1836" xlink:to="label1836" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="element1837" />
        <label xlink:type="resource" xlink:label="label1837" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1837" xlink:to="label1837" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1838" />
        <label xlink:type="resource" xlink:label="label1838" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1838" xlink:to="label1838" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1839" />
        <label xlink:type="resource" xlink:label="label1839" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1839" xlink:to="label1839" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="element1840" />
        <label xlink:type="resource" xlink:label="label1840" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1840" xlink:to="label1840" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1841" />
        <label xlink:type="resource" xlink:label="label1841" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1841" xlink:to="label1841" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1842" />
        <label xlink:type="resource" xlink:label="label1842" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Loss And Loss Adjustment Expenses Reserves [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1842" xlink:to="label1842" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="element1843" />
        <label xlink:type="resource" xlink:label="label1843" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1843" xlink:to="label1843" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1844" />
        <label xlink:type="resource" xlink:label="label1844" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1844" xlink:to="label1844" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1845" />
        <label xlink:type="resource" xlink:label="label1845" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves Schedule Of Losses And Loss Adjustment Expenses [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1845" xlink:to="label1845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="element1846" />
        <label xlink:type="resource" xlink:label="label1846" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1846" xlink:to="label1846" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1847" />
        <label xlink:type="resource" xlink:label="label1847" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure - Variable Interest Entities (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1847" xlink:to="label1847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1848" />
        <label xlink:type="resource" xlink:label="label1848" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure Variable Interest Entities Narrative [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1848" xlink:to="label1848" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="element1849" />
        <label xlink:type="resource" xlink:label="label1849" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_en-US">Disclosure - Variable Interest Entities (Narrative) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1849" xlink:to="label1849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1850" />
        <label xlink:type="resource" xlink:label="label1850" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1850" xlink:to="label1850" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1851" />
        <label xlink:type="resource" xlink:label="label1851" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure Variable Interest Entities Summary Of Nonconsolidated V I Es Assets And Liabilities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1851" xlink:to="label1851" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="element1852" />
        <label xlink:type="resource" xlink:label="label1852" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_en-US">Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1852" xlink:to="label1852" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1853" />
        <label xlink:type="resource" xlink:label="label1853" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Document and Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1853" xlink:to="label1853" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1854" />
        <label xlink:type="resource" xlink:label="label1854" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Document and Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1854" xlink:to="label1854" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="element1855" />
        <label xlink:type="resource" xlink:label="label1855" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DocumentDocumentandEntityInformationAbstract_en-US">Document Document and Entity Information [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1855" xlink:to="label1855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1856" />
        <label xlink:type="resource" xlink:label="label1856" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe (Excluding United Kingdom) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1856" xlink:to="label1856" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1857" />
        <label xlink:type="resource" xlink:label="label1857" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe Excluding United Kingdom [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1857" xlink:to="label1857" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="element1858" />
        <label xlink:type="resource" xlink:label="label1858" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EuropeExcludingUnitedKingdomMember_en-US">Europe (Excluding United Kingdom) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1858" xlink:to="label1858" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1859" />
        <label xlink:type="resource" xlink:label="label1859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpensesOfConsolidatedVies_en-US">Expenses of consolidated VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1859" xlink:to="label1859" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1860" />
        <label xlink:type="resource" xlink:label="label1860" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpensesOfConsolidatedVies_en-US">Expenses Of Consolidated Vies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1860" xlink:to="label1860" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="element1861" />
        <label xlink:type="resource" xlink:label="label1861" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpensesOfConsolidatedVies_en-US">Total expenses of all Variable Interest Entities consolidated by the reporting entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1861" xlink:to="label1861" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1862" />
        <label xlink:type="resource" xlink:label="label1862" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">OLD Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1862" xlink:to="label1862" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1863" />
        <label xlink:type="resource" xlink:label="label1863" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1863" xlink:to="label1863" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="element1864" />
        <label xlink:type="resource" xlink:label="label1864" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_en-US">This element represents, for the fair value measurement of assets and liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issuances, and settlements (net); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1864" xlink:to="label1864" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1865" />
        <label xlink:type="resource" xlink:label="label1865" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1865" xlink:to="label1865" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1866" />
        <label xlink:type="resource" xlink:label="label1866" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1866" xlink:to="label1866" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="element1867" />
        <label xlink:type="resource" xlink:label="label1867" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_en-US">Fair Value By Consolidated Statements Of Operations [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1867" xlink:to="label1867" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1868" />
        <label xlink:type="resource" xlink:label="label1868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Weighted Average (in years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1868" xlink:to="label1868" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1869" />
        <label xlink:type="resource" xlink:label="label1869" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Fair Value Disclosure Weighted Average In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1869" xlink:to="label1869" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="element1870" />
        <label xlink:type="resource" xlink:label="label1870" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueDisclosureWeightedAverageInYears_en-US">Fair Value Disclosure, Weighted Average (In Years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1870" xlink:to="label1870" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1871" />
        <label xlink:type="resource" xlink:label="label1871" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Foreign exchange recognized in OCI or earnings, assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1871" xlink:to="label1871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1872" />
        <label xlink:type="resource" xlink:label="label1872" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income Or Earnings Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1872" xlink:to="label1872" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="element1873" />
        <label xlink:type="resource" xlink:label="label1873" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1873" xlink:to="label1873" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element1874" />
        <label xlink:type="resource" xlink:label="label1874" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Foreign exchange recognized in OCI or earnings, liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1874" xlink:to="label1874" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element1875" />
        <label xlink:type="resource" xlink:label="label1875" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income Or Earnings Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1875" xlink:to="label1875" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="element1876" />
        <label xlink:type="resource" xlink:label="label1876" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_en-US">Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1876" xlink:to="label1876" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element1877" />
        <label xlink:type="resource" xlink:label="label1877" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair value of Credit Support Annex</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1877" xlink:to="label1877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element1878" />
        <label xlink:type="resource" xlink:label="label1878" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair Value Of Credit Support Annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1878" xlink:to="label1878" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="element1879" />
        <label xlink:type="resource" xlink:label="label1879" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOfCreditSupportAnnexes_en-US">Fair value of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1879" xlink:to="label1879" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element1880" />
        <label xlink:type="resource" xlink:label="label1880" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair value of securities on deposit with various regulatory authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1880" xlink:to="label1880" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element1881" />
        <label xlink:type="resource" xlink:label="label1881" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair Value Of Securities On Deposit With Various Regulatory Authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1881" xlink:to="label1881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="element1882" />
        <label xlink:type="resource" xlink:label="label1882" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_en-US">Fair Value Of Securities On Deposit With Various Regulatory Authorities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1882" xlink:to="label1882" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element1883" />
        <label xlink:type="resource" xlink:label="label1883" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Loans receivable, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1883" xlink:to="label1883" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element1884" />
        <label xlink:type="resource" xlink:label="label1884" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Fair Value Option Aggregate Fair Value Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1884" xlink:to="label1884" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="element1885" />
        <label xlink:type="resource" xlink:label="label1885" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueLoansReceivable_en-US">Fair Value Option Aggregate Fair Value Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1885" xlink:to="label1885" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element1886" />
        <label xlink:type="resource" xlink:label="label1886" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Variable interest entity notes, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1886" xlink:to="label1886" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element1887" />
        <label xlink:type="resource" xlink:label="label1887" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Fair Value Option Aggregate Fair Value Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1887" xlink:to="label1887" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="element1888" />
        <label xlink:type="resource" xlink:label="label1888" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_en-US">Fair Value Option Aggregate Fair Value Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1888" xlink:to="label1888" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element1889" />
        <label xlink:type="resource" xlink:label="label1889" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Loans receivable, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1889" xlink:to="label1889" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element1890" />
        <label xlink:type="resource" xlink:label="label1890" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Fair Value Option Contractual Outstanding Principal Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1890" xlink:to="label1890" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="element1891" />
        <label xlink:type="resource" xlink:label="label1891" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_en-US">Fair Value Option Contractual Outstanding Principal Loans Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1891" xlink:to="label1891" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element1892" />
        <label xlink:type="resource" xlink:label="label1892" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Variable interest entity notes, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1892" xlink:to="label1892" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element1893" />
        <label xlink:type="resource" xlink:label="label1893" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1893" xlink:to="label1893" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="element1894" />
        <label xlink:type="resource" xlink:label="label1894" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_en-US">Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1894" xlink:to="label1894" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="element1895" />
        <label xlink:type="resource" xlink:label="label1895" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FeesAndReimbursements_en-US">Total of fees collected for services performed in connection with certain insurance related transactions which are earned in the current period or deferred and earned over the life of the related transaction. Also included are work, wavier and consent, termination, administrative and management fees, and fees from reinsurance commutations that are earned when the related services are completed and the fees are received.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1895" xlink:to="label1895" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="element1896" />
        <label xlink:type="resource" xlink:label="label1896" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FeesAndReimbursements_en-US">Fees And Reimbursements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1896" xlink:to="label1896" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="element1897" />
        <label xlink:type="resource" xlink:label="label1897" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FeesAndReimbursements_en-US">Fees and reimbursements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1897" xlink:to="label1897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element1898" />
        <label xlink:type="resource" xlink:label="label1898" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeCeded_en-US">Represents the Company's balance sheet carrying amount of the financial guarantee insurance contracts ceded to third party reinsurers. The balance sheet carrying amount comprises the prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1898" xlink:to="label1898" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element1899" />
        <label xlink:type="resource" xlink:label="label1899" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeCeded_en-US">Financial Guarantee Ceded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1899" xlink:to="label1899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="element1900" />
        <label xlink:type="resource" xlink:label="label1900" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeCeded_en-US">Ceded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1900" xlink:to="label1900" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element1901" />
        <label xlink:type="resource" xlink:label="label1901" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeGross_en-US">Represents the Company's balance sheet carrying amount of the financial guarantee insurance contract obligations with third parties. The gross balance sheet carrying amount comprises the unearned premium revenue and the loss and loss adjustment expense reserves balances</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1901" xlink:to="label1901" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element1902" />
        <label xlink:type="resource" xlink:label="label1902" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeGross_en-US">Financial Guarantee Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1902" xlink:to="label1902" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeGross" xlink:label="element1903" />
        <label xlink:type="resource" xlink:label="label1903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeGross_en-US">Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1903" xlink:to="label1903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element1904" />
        <label xlink:type="resource" xlink:label="label1904" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1904" xlink:to="label1904" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element1905" />
        <label xlink:type="resource" xlink:label="label1905" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1905" xlink:to="label1905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="element1906" />
        <label xlink:type="resource" xlink:label="label1906" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_en-US">Changes in assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1906" xlink:to="label1906" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienRmbsMember" xlink:label="element1907" />
        <label xlink:type="resource" xlink:label="label1907" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FirstLienRmbsMember_en-US">First Lien Rmbs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1907" xlink:to="label1907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienRmbsMember" xlink:label="element1908" />
        <label xlink:type="resource" xlink:label="label1908" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FirstLienRmbsMember_en-US">First Lien Rmbs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1908" xlink:to="label1908" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienRmbsMember" xlink:label="element1909" />
        <label xlink:type="resource" xlink:label="label1909" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FirstLienRmbsMember_en-US">First Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1909" xlink:to="label1909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element1910" />
        <label xlink:type="resource" xlink:label="label1910" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 5% to 15%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1910" xlink:to="label1910" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element1911" />
        <label xlink:type="resource" xlink:label="label1911" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">Greater Than Five Percent To Fifteen Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1911" xlink:to="label1911" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="element1912" />
        <label xlink:type="resource" xlink:label="label1912" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFivePercentToFifteenPercentMember_en-US">&gt; 5% To 15% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1912" xlink:to="label1912" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element1913" />
        <label xlink:type="resource" xlink:label="label1913" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1913" xlink:to="label1913" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element1914" />
        <label xlink:type="resource" xlink:label="label1914" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1914" xlink:to="label1914" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="element1915" />
        <label xlink:type="resource" xlink:label="label1915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsCarriedAtFairValueMember_en-US">Investments Carried At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1915" xlink:to="label1915" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element1916" />
        <label xlink:type="resource" xlink:label="label1916" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Foreign Exchange And Other Derivative Financial Instruments Attributable to V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1916" xlink:to="label1916" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element1917" />
        <label xlink:type="resource" xlink:label="label1917" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1917" xlink:to="label1917" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="element1918" />
        <label xlink:type="resource" xlink:label="label1918" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_en-US">Net Gains (Losses) On Financial Instruments At Fair Value And Foreign Exchange-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1918" xlink:to="label1918" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element1919" />
        <label xlink:type="resource" xlink:label="label1919" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain Loss On Derivatives Recognized In Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1919" xlink:to="label1919" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element1920" />
        <label xlink:type="resource" xlink:label="label1920" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain Loss On Derivatives Recognized In Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1920" xlink:to="label1920" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="element1921" />
        <label xlink:type="resource" xlink:label="label1921" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GainLossOnDerivativesRecognizedInIncome_en-US">Gain/(loss) recognized in income on derivative</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1921" xlink:to="label1921" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element1922" />
        <label xlink:type="resource" xlink:label="label1922" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1922" xlink:to="label1922" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element1923" />
        <label xlink:type="resource" xlink:label="label1923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1923" xlink:to="label1923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="element1924" />
        <label xlink:type="resource" xlink:label="label1924" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_en-US">Gains And Losses Realized And Unrealized Earnings [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1924" xlink:to="label1924" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element1925" />
        <label xlink:type="resource" xlink:label="label1925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1925" xlink:to="label1925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element1926" />
        <label xlink:type="resource" xlink:label="label1926" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1926" xlink:to="label1926" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="element1927" />
        <label xlink:type="resource" xlink:label="label1927" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalPublicFinanceMember_en-US">Global Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1927" xlink:to="label1927" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element1928" />
        <label xlink:type="resource" xlink:label="label1928" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GlobalStructuredFinanceMember_en-US">Total Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1928" xlink:to="label1928" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element1929" />
        <label xlink:type="resource" xlink:label="label1929" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalStructuredFinanceMember_en-US">Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1929" xlink:to="label1929" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="element1930" />
        <label xlink:type="resource" xlink:label="label1930" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalStructuredFinanceMember_en-US">Global Structured Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1930" xlink:to="label1930" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element1931" />
        <label xlink:type="resource" xlink:label="label1931" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFiftyPercentMember_en-US">&gt; 50% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1931" xlink:to="label1931" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element1932" />
        <label xlink:type="resource" xlink:label="label1932" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFiftyPercentMember_en-US">Greater Than Fifty Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1932" xlink:to="label1932" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="element1933" />
        <label xlink:type="resource" xlink:label="label1933" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFiftyPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 50%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1933" xlink:to="label1933" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element1934" />
        <label xlink:type="resource" xlink:label="label1934" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross reserve, recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1934" xlink:to="label1934" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element1935" />
        <label xlink:type="resource" xlink:label="label1935" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve Recoveries On Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1935" xlink:to="label1935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element1936" />
        <label xlink:type="resource" xlink:label="label1936" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve ending balance, Recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1936" xlink:to="label1936" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element1937" />
        <label xlink:type="resource" xlink:label="label1937" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Gross Reserve beginning balance,Recoveries on unpaid losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1937" xlink:to="label1937" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="element1938" />
        <label xlink:type="resource" xlink:label="label1938" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GrossReserveRecoveriesOnUnpaidLosses_en-US">Expected recoveries of future payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1938" xlink:to="label1938" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element1939" />
        <label xlink:type="resource" xlink:label="label1939" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Guaranteed Investment Agreements Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1939" xlink:to="label1939" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element1940" />
        <label xlink:type="resource" xlink:label="label1940" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Guaranteed Investment Agreements Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1940" xlink:to="label1940" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="element1941" />
        <label xlink:type="resource" xlink:label="label1941" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GuaranteedInvestmentAgreementsFairValue_en-US">Investment agreements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1941" xlink:to="label1941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element1942" />
        <label xlink:type="resource" xlink:label="label1942" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees after (net of) reduction for potential recoveries under recourse or collateralization provisions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1942" xlink:to="label1942" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element1943" />
        <label xlink:type="resource" xlink:label="label1943" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Guarantee Obligations Maximum Net Exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1943" xlink:to="label1943" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="element1944" />
        <label xlink:type="resource" xlink:label="label1944" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GuaranteeObligationsMaximumNetExposure_en-US">Maximum amount of future guarantee payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1944" xlink:to="label1944" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element1945" />
        <label xlink:type="resource" xlink:label="label1945" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1945" xlink:to="label1945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element1946" />
        <label xlink:type="resource" xlink:label="label1946" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1946" xlink:to="label1946" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="element1947" />
        <label xlink:type="resource" xlink:label="label1947" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ImpactOfFinancialGuaranteeMember_en-US">Impact Of Financial Guarantee [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1947" xlink:to="label1947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element1948" />
        <label xlink:type="resource" xlink:label="label1948" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact Of Non Performance Risk On Insured Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1948" xlink:to="label1948" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element1949" />
        <label xlink:type="resource" xlink:label="label1949" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact Of Non Performance Risk On Insured Derivative Liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1949" xlink:to="label1949" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="element1950" />
        <label xlink:type="resource" xlink:label="label1950" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_en-US">Impact of including the nonperformance risk in valuation of pre-tax net insured derivative liability</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1950" xlink:to="label1950" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element1951" />
        <label xlink:type="resource" xlink:label="label1951" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Increase decrease in carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts related to recoveries related to commitments to repurchase ineligible loans within an (issue) and recoveries expected on paid claims.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1951" xlink:to="label1951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element1952" />
        <label xlink:type="resource" xlink:label="label1952" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1952" xlink:to="label1952" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element1953" />
        <label xlink:type="resource" xlink:label="label1953" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1953" xlink:to="label1953" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="element1954" />
        <label xlink:type="resource" xlink:label="label1954" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInInsuranceLossRecoverable_en-US">Increase Decrease In Insurance Loss Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1954" xlink:to="label1954" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element1955" />
        <label xlink:type="resource" xlink:label="label1955" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Changes in LAE Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1955" xlink:to="label1955" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element1956" />
        <label xlink:type="resource" xlink:label="label1956" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Increase Decrease In Loss Adjustment Expense Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1956" xlink:to="label1956" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="element1957" />
        <label xlink:type="resource" xlink:label="label1957" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_en-US">Increase Decrease In Loss Adjustment Expense Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1957" xlink:to="label1957" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element1958" />
        <label xlink:type="resource" xlink:label="label1958" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net (gains) losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1958" xlink:to="label1958" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element1959" />
        <label xlink:type="resource" xlink:label="label1959" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net (gains) losses on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1959" xlink:to="label1959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element1960" />
        <label xlink:type="resource" xlink:label="label1960" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1960" xlink:to="label1960" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element1961" />
        <label xlink:type="resource" xlink:label="label1961" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1961" xlink:to="label1961" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element1962" />
        <label xlink:type="resource" xlink:label="label1962" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Addition to case basis reserves if losses remain at peak levels</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1962" xlink:to="label1962" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element1963" />
        <label xlink:type="resource" xlink:label="label1963" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Increase Decrease To Case Basis Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1963" xlink:to="label1963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="element1964" />
        <label xlink:type="resource" xlink:label="label1964" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseToCaseBasisReserves_en-US">Increase Decrease To Case Basis Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1964" xlink:to="label1964" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element1965" />
        <label xlink:type="resource" xlink:label="label1965" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1965" xlink:to="label1965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element1966" />
        <label xlink:type="resource" xlink:label="label1966" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1966" xlink:to="label1966" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="element1967" />
        <label xlink:type="resource" xlink:label="label1967" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IneligibleMortgageLoansMember_en-US">Ineligible Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1967" xlink:to="label1967" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1968" />
        <label xlink:type="resource" xlink:label="label1968" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1968" xlink:to="label1968" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1969" />
        <label xlink:type="resource" xlink:label="label1969" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1969" xlink:to="label1969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1970" />
        <label xlink:type="resource" xlink:label="label1970" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverable_en-US">Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1970" xlink:to="label1970" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1971" />
        <label xlink:type="resource" xlink:label="label1971" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_InsuranceLossRecoverable_en-US">Gross Reserve beginning balance, Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1971" xlink:to="label1971" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1972" />
        <label xlink:type="resource" xlink:label="label1972" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_InsuranceLossRecoverable_en-US">Gross Reserve ending balance, Insurance loss recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1972" xlink:to="label1972" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1973" />
        <label xlink:type="resource" xlink:label="label1973" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverable_en-US">Insurance Loss Recoverable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1973" xlink:to="label1973" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="element1974" />
        <label xlink:type="resource" xlink:label="label1974" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverable_en-US">Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1974" xlink:to="label1974" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element1975" />
        <label xlink:type="resource" xlink:label="label1975" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1975" xlink:to="label1975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element1976" />
        <label xlink:type="resource" xlink:label="label1976" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xml:lang="en-US" id="periodEnd_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Gross Reserve ending balance, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1976" xlink:to="label1976" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element1977" />
        <label xlink:type="resource" xlink:label="label1977" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xml:lang="en-US" id="periodStart_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Gross Reserve beginning balance, Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1977" xlink:to="label1977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="element1978" />
        <label xlink:type="resource" xlink:label="label1978" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_en-US">Insurance loss recoverable and changes in recoveries of unpaid losses.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1978" xlink:to="label1978" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element1979" />
        <label xlink:type="resource" xlink:label="label1979" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1979" xlink:to="label1979" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element1980" />
        <label xlink:type="resource" xlink:label="label1980" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1980" xlink:to="label1980" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="element1981" />
        <label xlink:type="resource" xlink:label="label1981" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_en-US">Accretion of Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1981" xlink:to="label1981" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element1982" />
        <label xlink:type="resource" xlink:label="label1982" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1982" xlink:to="label1982" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element1983" />
        <label xlink:type="resource" xlink:label="label1983" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1983" xlink:to="label1983" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="element1984" />
        <label xlink:type="resource" xlink:label="label1984" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_en-US">Changes in Assumptions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1984" xlink:to="label1984" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element1985" />
        <label xlink:type="resource" xlink:label="label1985" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Changes in Discount Rates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1985" xlink:to="label1985" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element1986" />
        <label xlink:type="resource" xlink:label="label1986" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1986" xlink:to="label1986" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="element1987" />
        <label xlink:type="resource" xlink:label="label1987" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1987" xlink:to="label1987" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element1988" />
        <label xlink:type="resource" xlink:label="label1988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1988" xlink:to="label1988" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element1989" />
        <label xlink:type="resource" xlink:label="label1989" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1989" xlink:to="label1989" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="element1990" />
        <label xlink:type="resource" xlink:label="label1990" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_en-US">Insurance Loss Recoverable and Changes in Recoveries on Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1990" xlink:to="label1990" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element1991" />
        <label xlink:type="resource" xlink:label="label1991" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1991" xlink:to="label1991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element1992" />
        <label xlink:type="resource" xlink:label="label1992" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1992" xlink:to="label1992" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="element1993" />
        <label xlink:type="resource" xlink:label="label1993" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableMember_en-US">Insurance Loss Recoverable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1993" xlink:to="label1993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceOperationsMember" xlink:label="element1994" />
        <label xlink:type="resource" xlink:label="label1994" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1994" xlink:to="label1994" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceOperationsMember" xlink:label="element1995" />
        <label xlink:type="resource" xlink:label="label1995" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1995" xlink:to="label1995" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceOperationsMember" xlink:label="element1996" />
        <label xlink:type="resource" xlink:label="label1996" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceOperationsMember_en-US">Insurance Operations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1996" xlink:to="label1996" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredDerivativesMember" xlink:label="element1997" />
        <label xlink:type="resource" xlink:label="label1997" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1997" xlink:to="label1997" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredDerivativesMember" xlink:label="element1998" />
        <label xlink:type="resource" xlink:label="label1998" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1998" xlink:to="label1998" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredDerivativesMember" xlink:label="element1999" />
        <label xlink:type="resource" xlink:label="label1999" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredDerivativesMember_en-US">Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element1999" xlink:to="label1999" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="element2000" />
        <label xlink:type="resource" xlink:label="label2000" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2000" xlink:to="label2000" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="element2001" />
        <label xlink:type="resource" xlink:label="label2001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2001" xlink:to="label2001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="element2002" />
        <label xlink:type="resource" xlink:label="label2002" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredSwapsMember_en-US">Insured Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2002" xlink:to="label2002" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2003" />
        <label xlink:type="resource" xlink:label="label2003" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestIncomeExpenseMember_en-US">Interest Income (Expense) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2003" xlink:to="label2003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2004" />
        <label xlink:type="resource" xlink:label="label2004" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestIncomeExpenseMember_en-US">Interest Income Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2004" xlink:to="label2004" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="element2005" />
        <label xlink:type="resource" xlink:label="label2005" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestIncomeExpenseMember_en-US">Interest Income (Expense) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2005" xlink:to="label2005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2006" />
        <label xlink:type="resource" xlink:label="label2006" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2006" xlink:to="label2006" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2007" />
        <label xlink:type="resource" xlink:label="label2007" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2007" xlink:to="label2007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="element2008" />
        <label xlink:type="resource" xlink:label="label2008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateDerivativesMember_en-US">Interest Rate Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2008" xlink:to="label2008" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2009" />
        <label xlink:type="resource" xlink:label="label2009" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2009" xlink:to="label2009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2010" />
        <label xlink:type="resource" xlink:label="label2010" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2010" xlink:to="label2010" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="element2011" />
        <label xlink:type="resource" xlink:label="label2011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateSwapsEmbeddedMember_en-US">Interest Rate Swaps-Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2011" xlink:to="label2011" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2012" />
        <label xlink:type="resource" xlink:label="label2012" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2012" xlink:to="label2012" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2013" />
        <label xlink:type="resource" xlink:label="label2013" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2013" xlink:to="label2013" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="element2014" />
        <label xlink:type="resource" xlink:label="label2014" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateSwapsVIEMember_en-US">Interest Rate Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2014" xlink:to="label2014" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2015" />
        <label xlink:type="resource" xlink:label="label2015" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2015" xlink:to="label2015" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2016" />
        <label xlink:type="resource" xlink:label="label2016" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2016" xlink:to="label2016" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="element2017" />
        <label xlink:type="resource" xlink:label="label2017" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InternationallyDiversifiedMember_en-US">Internationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2017" xlink:to="label2017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2018" />
        <label xlink:type="resource" xlink:label="label2018" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Disclosure regarding factors used to determine that the impairment of securities not categorized as trading securities (hence equal to available for sale and held to maturity securities) where cost exceeds fair value. This item contains disclosure of the number of investment positions in the investments determined to be temporarily impaired.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2018" xlink:to="label2018" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2019" />
        <label xlink:type="resource" xlink:label="label2019" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Investment Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions For Continuous Twelve Month Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2019" xlink:to="label2019" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="element2020" />
        <label xlink:type="resource" xlink:label="label2020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_en-US">Number of securities in unrealized loss position for a continuous 12 month period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2020" xlink:to="label2020" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2021" />
        <label xlink:type="resource" xlink:label="label2021" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Investments With Unrealized Loss Severity Greater Than Five Percent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2021" xlink:to="label2021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2022" />
        <label xlink:type="resource" xlink:label="label2022" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Fair Value Below Book Value Greater Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2022" xlink:to="label2022" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="element2023" />
        <label xlink:type="resource" xlink:label="label2023" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_en-US">Greater Than 5% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2023" xlink:to="label2023" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LaeMember" xlink:label="element2024" />
        <label xlink:type="resource" xlink:label="label2024" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LaeMember_en-US">LAE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2024" xlink:to="label2024" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LaeMember" xlink:label="element2025" />
        <label xlink:type="resource" xlink:label="label2025" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LaeMember_en-US">Lae [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2025" xlink:to="label2025" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LaeMember" xlink:label="element2026" />
        <label xlink:type="resource" xlink:label="label2026" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LaeMember_en-US">LAE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2026" xlink:to="label2026" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2027" />
        <label xlink:type="resource" xlink:label="label2027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2027" xlink:to="label2027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2028" />
        <label xlink:type="resource" xlink:label="label2028" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated Vies [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2028" xlink:to="label2028" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="element2029" />
        <label xlink:type="resource" xlink:label="label2029" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiabilitiesOfConsolidatedViesMember_en-US">Liabilities Of Consolidated VIEs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2029" xlink:to="label2029" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="element2030" />
        <label xlink:type="resource" xlink:label="label2030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidAssets_en-US">Liquid assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2030" xlink:to="label2030" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="element2031" />
        <label xlink:type="resource" xlink:label="label2031" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidAssets_en-US">Liquid Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2031" xlink:to="label2031" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="element2032" />
        <label xlink:type="resource" xlink:label="label2032" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidAssets_en-US">This element represents the liquidity position of the entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2032" xlink:to="label2032" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2033" />
        <label xlink:type="resource" xlink:label="label2033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanRepurchaseCommitments_en-US">Loan repurchase commitments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2033" xlink:to="label2033" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2034" />
        <label xlink:type="resource" xlink:label="label2034" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanRepurchaseCommitments_en-US">Loan Repurchase Commitments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2034" xlink:to="label2034" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="element2035" />
        <label xlink:type="resource" xlink:label="label2035" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanRepurchaseCommitments_en-US">The fair value of financial instruments that represent the right of the Trust against the seller/servicer for loans that were not compliant with the representations and warranties of the loan underwriting. The Trust has the right to demand that the transferor replace ineligible loans with a compliant loan or repurchase the non-compliant loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2035" xlink:to="label2035" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2036" />
        <label xlink:type="resource" xlink:label="label2036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2036" xlink:to="label2036" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2037" />
        <label xlink:type="resource" xlink:label="label2037" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2037" xlink:to="label2037" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="element2038" />
        <label xlink:type="resource" xlink:label="label2038" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanRepurchaseCommitmentsMember_en-US">Loan Repurchase Commitments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2038" xlink:to="label2038" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="element2039" />
        <label xlink:type="resource" xlink:label="label2039" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2039" xlink:to="label2039" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="element2040" />
        <label xlink:type="resource" xlink:label="label2040" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2040" xlink:to="label2040" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="element2041" />
        <label xlink:type="resource" xlink:label="label2041" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanStatusAxis_en-US">Loan Status [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2041" xlink:to="label2041" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="element2042" />
        <label xlink:type="resource" xlink:label="label2042" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2042" xlink:to="label2042" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="element2043" />
        <label xlink:type="resource" xlink:label="label2043" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2043" xlink:to="label2043" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="element2044" />
        <label xlink:type="resource" xlink:label="label2044" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoanStatusDomain_en-US">Loan Status [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2044" xlink:to="label2044" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2045" />
        <label xlink:type="resource" xlink:label="label2045" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLaeReservesMember_en-US">Loss And LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2045" xlink:to="label2045" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2046" />
        <label xlink:type="resource" xlink:label="label2046" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLaeReservesMember_en-US">Loss And Lae Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2046" xlink:to="label2046" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="element2047" />
        <label xlink:type="resource" xlink:label="label2047" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLaeReservesMember_en-US">Loss and LAE Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2047" xlink:to="label2047" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="element2048" />
        <label xlink:type="resource" xlink:label="label2048" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLossAdjustmentExpenseLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2048" xlink:to="label2048" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="element2049" />
        <label xlink:type="resource" xlink:label="label2049" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2049" xlink:to="label2049" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="element2050" />
        <label xlink:type="resource" xlink:label="label2050" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseLineItems_en-US">Loss And Loss Adjustment Expense Reserves [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2050" xlink:to="label2050" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2051" />
        <label xlink:type="resource" xlink:label="label2051" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2051" xlink:to="label2051" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2052" />
        <label xlink:type="resource" xlink:label="label2052" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2052" xlink:to="label2052" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="element2053" />
        <label xlink:type="resource" xlink:label="label2053" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseReservesTable_en-US">Loss And Loss Adjustment Expense Reserves [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2053" xlink:to="label2053" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2054" />
        <label xlink:type="resource" xlink:label="label2054" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses And Loss Adjustment Expenses Related To Actual And Expected Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2054" xlink:to="label2054" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2055" />
        <label xlink:type="resource" xlink:label="label2055" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses And Loss Adjustment Expenses Related To Actual And Expected Payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2055" xlink:to="label2055" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="element2056" />
        <label xlink:type="resource" xlink:label="label2056" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_en-US">Losses and LAE related to expected payments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2056" xlink:to="label2056" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2057" />
        <label xlink:type="resource" xlink:label="label2057" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossPaymentsForCasesWithReserves_en-US">Loss payments for cases with reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2057" xlink:to="label2057" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2058" />
        <label xlink:type="resource" xlink:label="label2058" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossPaymentsForCasesWithReserves_en-US">Loss Payments For Cases With Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2058" xlink:to="label2058" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="element2059" />
        <label xlink:type="resource" xlink:label="label2059" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LossPaymentsForCasesWithReserves_en-US">Loss payments for cases with reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2059" xlink:to="label2059" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2060" />
        <label xlink:type="resource" xlink:label="label2060" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2060" xlink:to="label2060" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2061" />
        <label xlink:type="resource" xlink:label="label2061" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2061" xlink:to="label2061" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="element2062" />
        <label xlink:type="resource" xlink:label="label2062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumTaxableIncomeProjectionYears_en-US">Maximum taxable income projections, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2062" xlink:to="label2062" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="element2063" />
        <label xlink:type="resource" xlink:label="label2063" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpMember_en-US">MBIA Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2063" xlink:to="label2063" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="element2064" />
        <label xlink:type="resource" xlink:label="label2064" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpMember_en-US">Mbia Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2064" xlink:to="label2064" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="element2065" />
        <label xlink:type="resource" xlink:label="label2065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaCorpMember_en-US">MBIA Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2065" xlink:to="label2065" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2066" />
        <label xlink:type="resource" xlink:label="label2066" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">MBIA Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2066" xlink:to="label2066" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2067" />
        <label xlink:type="resource" xlink:label="label2067" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">Mbia Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2067" xlink:to="label2067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="element2068" />
        <label xlink:type="resource" xlink:label="label2068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncGeneralCorporatePurposesMember_en-US">MBIA Inc General Corporate Purposes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2068" xlink:to="label2068" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="element2069" />
        <label xlink:type="resource" xlink:label="label2069" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncMember_en-US">MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2069" xlink:to="label2069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="element2070" />
        <label xlink:type="resource" xlink:label="label2070" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncMember_en-US">Mbia Inc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2070" xlink:to="label2070" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="element2071" />
        <label xlink:type="resource" xlink:label="label2071" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncMember_en-US">MBIA Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2071" xlink:to="label2071" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2072" />
        <label xlink:type="resource" xlink:label="label2072" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncTotalMember_en-US">MBIA Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2072" xlink:to="label2072" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2073" />
        <label xlink:type="resource" xlink:label="label2073" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncTotalMember_en-US">Mbia Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2073" xlink:to="label2073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncTotalMember" xlink:label="element2074" />
        <label xlink:type="resource" xlink:label="label2074" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaIncTotalMember_en-US">MBIA Inc Total [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2074" xlink:to="label2074" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2075" />
        <label xlink:type="resource" xlink:label="label2075" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2075" xlink:to="label2075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2076" />
        <label xlink:type="resource" xlink:label="label2076" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2076" xlink:to="label2076" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="element2077" />
        <label xlink:type="resource" xlink:label="label2077" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MoneyMarketSecuritiesMember_en-US">Money Market Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2077" xlink:to="label2077" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2078" />
        <label xlink:type="resource" xlink:label="label2078" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MultiSectorCDOMember_en-US">Multi-Sector CDO [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2078" xlink:to="label2078" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2079" />
        <label xlink:type="resource" xlink:label="label2079" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MultiSectorCDOMember_en-US">Multi Sector C D O [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2079" xlink:to="label2079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MultiSectorCDOMember" xlink:label="element2080" />
        <label xlink:type="resource" xlink:label="label2080" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MultiSectorCDOMember_en-US">Multi-Sector CDO [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2080" xlink:to="label2080" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="element2081" />
        <label xlink:type="resource" xlink:label="label2081" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2081" xlink:to="label2081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="element2082" />
        <label xlink:type="resource" xlink:label="label2082" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2082" xlink:to="label2082" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="element2083" />
        <label xlink:type="resource" xlink:label="label2083" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalMember_en-US">National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2083" xlink:to="label2083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2084" />
        <label xlink:type="resource" xlink:label="label2084" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net gains (losses) on financial instruments at fair value and foreign exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2084" xlink:to="label2084" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2085" />
        <label xlink:type="resource" xlink:label="label2085" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2085" xlink:to="label2085" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="element2086" />
        <label xlink:type="resource" xlink:label="label2086" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_en-US">Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2086" xlink:to="label2086" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2087" />
        <label xlink:type="resource" xlink:label="label2087" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetOtherThanTemporaryImpairments_en-US">Net investment losses related to other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2087" xlink:to="label2087" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2088" />
        <label xlink:type="resource" xlink:label="label2088" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetOtherThanTemporaryImpairments_en-US">Net Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2088" xlink:to="label2088" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="element2089" />
        <label xlink:type="resource" xlink:label="label2089" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetOtherThanTemporaryImpairments_en-US">Net Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2089" xlink:to="label2089" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2090" />
        <label xlink:type="resource" xlink:label="label2090" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net unrealized losses on securities transferred out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2090" xlink:to="label2090" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2091" />
        <label xlink:type="resource" xlink:label="label2091" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Gains Related To Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2091" xlink:to="label2091" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="element2092" />
        <label xlink:type="resource" xlink:label="label2092" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Gains Related to the Transfers Out of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2092" xlink:to="label2092" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2093" />
        <label xlink:type="resource" xlink:label="label2093" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net unrealized loss related to transfer into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2093" xlink:to="label2093" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2094" />
        <label xlink:type="resource" xlink:label="label2094" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net Unrealized Loss Related To Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2094" xlink:to="label2094" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="element2095" />
        <label xlink:type="resource" xlink:label="label2095" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_en-US">Net Unrealized Loss Related to Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2095" xlink:to="label2095" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2096" />
        <label xlink:type="resource" xlink:label="label2096" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net unrealized loss related to transfers out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2096" xlink:to="label2096" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2097" />
        <label xlink:type="resource" xlink:label="label2097" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Loss Related To Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2097" xlink:to="label2097" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="element2098" />
        <label xlink:type="resource" xlink:label="label2098" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_en-US">Net Unrealized Loss Related to Transfers Out of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2098" xlink:to="label2098" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2099" />
        <label xlink:type="resource" xlink:label="label2099" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non-Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2099" xlink:to="label2099" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2100" />
        <label xlink:type="resource" xlink:label="label2100" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2100" xlink:to="label2100" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="element2101" />
        <label xlink:type="resource" xlink:label="label2101" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredCreditDefaultSwapsMember_en-US">Non Insured Credit Default Swaps [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2101" xlink:to="label2101" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2102" />
        <label xlink:type="resource" xlink:label="label2102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non-Insured Credit Default Swaps-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2102" xlink:to="label2102" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2103" />
        <label xlink:type="resource" xlink:label="label2103" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non Insured Credit Default Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2103" xlink:to="label2103" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="element2104" />
        <label xlink:type="resource" xlink:label="label2104" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredCreditDefaultSwapsVIEMember_en-US">Non Insured Credit Default Swaps V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2104" xlink:to="label2104" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2105" />
        <label xlink:type="resource" xlink:label="label2105" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonInsuredDerivativesMember_en-US">Non-Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2105" xlink:to="label2105" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2106" />
        <label xlink:type="resource" xlink:label="label2106" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonInsuredDerivativesMember_en-US">Non Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2106" xlink:to="label2106" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="element2107" />
        <label xlink:type="resource" xlink:label="label2107" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonInsuredDerivativesMember_en-US">Non-Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2107" xlink:to="label2107" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2108" />
        <label xlink:type="resource" xlink:label="label2108" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2108" xlink:to="label2108" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2109" />
        <label xlink:type="resource" xlink:label="label2109" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2109" xlink:to="label2109" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonperformanceRiskMember" xlink:label="element2110" />
        <label xlink:type="resource" xlink:label="label2110" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonperformanceRiskMember_en-US">Nonperformance Risk [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2110" xlink:to="label2110" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2111" />
        <label xlink:type="resource" xlink:label="label2111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonVariableInterestEntitiesLineItems_en-US">Non-Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2111" xlink:to="label2111" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2112" />
        <label xlink:type="resource" xlink:label="label2112" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonVariableInterestEntitiesLineItems_en-US">Non Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2112" xlink:to="label2112" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="element2113" />
        <label xlink:type="resource" xlink:label="label2113" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonVariableInterestEntitiesLineItems_en-US">Non-Variable Interest Entities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2113" xlink:to="label2113" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfPolicies" xlink:label="element2114" />
        <label xlink:type="resource" xlink:label="label2114" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfPolicies_en-US">Number Of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2114" xlink:to="label2114" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfPolicies" xlink:label="element2115" />
        <label xlink:type="resource" xlink:label="label2115" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfPolicies_en-US">Number Of Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2115" xlink:to="label2115" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfPolicies" xlink:label="element2116" />
        <label xlink:type="resource" xlink:label="label2116" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfPolicies_en-US">Number of policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2116" xlink:to="label2116" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2117" />
        <label xlink:type="resource" xlink:label="label2117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetBackedMember_en-US">Other Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2117" xlink:to="label2117" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2118" />
        <label xlink:type="resource" xlink:label="label2118" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetBackedMember_en-US">Other Asset Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2118" xlink:to="label2118" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="element2119" />
        <label xlink:type="resource" xlink:label="label2119" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetBackedMember_en-US">Other Asset-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2119" xlink:to="label2119" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativesMember" xlink:label="element2120" />
        <label xlink:type="resource" xlink:label="label2120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2120" xlink:to="label2120" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativesMember" xlink:label="element2121" />
        <label xlink:type="resource" xlink:label="label2121" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2121" xlink:to="label2121" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativesMember" xlink:label="element2122" />
        <label xlink:type="resource" xlink:label="label2122" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherDerivativesMember_en-US">Other Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2122" xlink:to="label2122" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2123" />
        <label xlink:type="resource" xlink:label="label2123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other-Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2123" xlink:to="label2123" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2124" />
        <label xlink:type="resource" xlink:label="label2124" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2124" xlink:to="label2124" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="element2125" />
        <label xlink:type="resource" xlink:label="label2125" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherFixedMaturityInvestmentsMember_en-US">Other Fixed Maturity Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2125" xlink:to="label2125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="element2126" />
        <label xlink:type="resource" xlink:label="label2126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLoansMember_en-US">Other Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2126" xlink:to="label2126" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="element2127" />
        <label xlink:type="resource" xlink:label="label2127" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLoansMember_en-US">Corporate Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2127" xlink:to="label2127" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="element2128" />
        <label xlink:type="resource" xlink:label="label2128" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLoansMember_en-US">Corporate Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2128" xlink:to="label2128" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLocationsMember" xlink:label="element2129" />
        <label xlink:type="resource" xlink:label="label2129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLocationsMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2129" xlink:to="label2129" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLocationsMember" xlink:label="element2130" />
        <label xlink:type="resource" xlink:label="label2130" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLocationsMember_en-US">Other Locations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2130" xlink:to="label2130" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLocationsMember" xlink:label="element2131" />
        <label xlink:type="resource" xlink:label="label2131" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLocationsMember_en-US">Other Locations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2131" xlink:to="label2131" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2132" />
        <label xlink:type="resource" xlink:label="label2132" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2132" xlink:to="label2132" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2133" />
        <label xlink:type="resource" xlink:label="label2133" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other Losses And Loss And Loss Adjustment Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2133" xlink:to="label2133" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="element2134" />
        <label xlink:type="resource" xlink:label="label2134" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_en-US">Other Losses And Loss And Loss Adjustment Expense [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2134" xlink:to="label2134" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2135" />
        <label xlink:type="resource" xlink:label="label2135" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable for investments purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2135" xlink:to="label2135" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2136" />
        <label xlink:type="resource" xlink:label="label2136" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable For Investments Purchased Fair Value Disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2136" xlink:to="label2136" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="element2137" />
        <label xlink:type="resource" xlink:label="label2137" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_en-US">Payable for investments purchased fair value disclosure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2137" xlink:to="label2137" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2138" />
        <label xlink:type="resource" xlink:label="label2138" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Insured derivative commutations and losses paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2138" xlink:to="label2138" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2139" />
        <label xlink:type="resource" xlink:label="label2139" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Payments For Net Realized Losses On Insured Derivatives Paid</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2139" xlink:to="label2139" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="element2140" />
        <label xlink:type="resource" xlink:label="label2140" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_en-US">Payments for net realized losses on insured derivatives paid.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2140" xlink:to="label2140" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2141" />
        <label xlink:type="resource" xlink:label="label2141" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage Of Insured Credit Derivatives Value Under Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2141" xlink:to="label2141" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2142" />
        <label xlink:type="resource" xlink:label="label2142" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage Of Insured Credit Derivatives Value Under Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2142" xlink:to="label2142" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="element2143" />
        <label xlink:type="resource" xlink:label="label2143" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_en-US">Percentage of insured credit derivatives, fair value using the BET model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2143" xlink:to="label2143" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2144" />
        <label xlink:type="resource" xlink:label="label2144" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage of insured credit derivatives value under direct price model and dual default model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2144" xlink:to="label2144" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2145" />
        <label xlink:type="resource" xlink:label="label2145" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage Of Insured Credit Derivatives Value Under Direct Price Model And Dual Default Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2145" xlink:to="label2145" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="element2146" />
        <label xlink:type="resource" xlink:label="label2146" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_en-US">Percentage of insured credit derivatives, value under Direct Price Model and Dual-Default Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2146" xlink:to="label2146" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2147" />
        <label xlink:type="resource" xlink:label="label2147" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage of sector-specific transactions valued using BET model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2147" xlink:to="label2147" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2148" />
        <label xlink:type="resource" xlink:label="label2148" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage Of Sector Specific Transactions Valued Using Bet Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2148" xlink:to="label2148" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="element2149" />
        <label xlink:type="resource" xlink:label="label2149" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_en-US">Percentage Of Sector Specific Transactions Valued Using BET Model</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2149" xlink:to="label2149" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2150" />
        <label xlink:type="resource" xlink:label="label2150" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Percentage that a security's fair value is below its book value on available-for-sale and held-to-maturity securities. This percentage is used as a severity threshold for disclosing information about securities in an unrealized loss position for a continuous 12 month period or longer.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2150" xlink:to="label2150" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2151" />
        <label xlink:type="resource" xlink:label="label2151" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Percentage Of Securities Book Value Exceeded Market Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2151" xlink:to="label2151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="element2152" />
        <label xlink:type="resource" xlink:label="label2152" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_en-US">Rate that a security's fair value is below book value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2152" xlink:to="label2152" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2153" />
        <label xlink:type="resource" xlink:label="label2153" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage Of Transactions Valued Using Corporate Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2153" xlink:to="label2153" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2154" />
        <label xlink:type="resource" xlink:label="label2154" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage Of Transactions Valued Using Corporate Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2154" xlink:to="label2154" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="element2155" />
        <label xlink:type="resource" xlink:label="label2155" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_en-US">Percentage of transactions valued using corporate spreads used</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2155" xlink:to="label2155" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2156" />
        <label xlink:type="resource" xlink:label="label2156" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage of Transactions Valued Using Spread Benchmark From Most Relevant Spread Source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2156" xlink:to="label2156" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2157" />
        <label xlink:type="resource" xlink:label="label2157" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage Of Transactions Valued Using Spread Benchmark From Most Relevant Spread Source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2157" xlink:to="label2157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="element2158" />
        <label xlink:type="resource" xlink:label="label2158" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_en-US">Percentage of transactions valued using spread benchmarked from most relevant spread source</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2158" xlink:to="label2158" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2159" />
        <label xlink:type="resource" xlink:label="label2159" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage of Transactions Valued Using Warf Sourced And Or Ratings Source Credit Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2159" xlink:to="label2159" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2160" />
        <label xlink:type="resource" xlink:label="label2160" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage Of Transactions Valued Using Warf Sourced And Or Ratings Source Credit Spread</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2160" xlink:to="label2160" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="element2161" />
        <label xlink:type="resource" xlink:label="label2161" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_en-US">Percentage of transactions valued using WARF-sourced and/or ratings sourced credit spreads</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2161" xlink:to="label2161" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2162" />
        <label xlink:type="resource" xlink:label="label2162" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2162" xlink:to="label2162" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2163" />
        <label xlink:type="resource" xlink:label="label2163" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2163" xlink:to="label2163" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="element2164" />
        <label xlink:type="resource" xlink:label="label2164" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PerpetualPreferredSecuritiesMember_en-US">Perpetual Preferred Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2164" xlink:to="label2164" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2165" />
        <label xlink:type="resource" xlink:label="label2165" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2165" xlink:to="label2165" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2166" />
        <label xlink:type="resource" xlink:label="label2166" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2166" xlink:to="label2166" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="element2167" />
        <label xlink:type="resource" xlink:label="label2167" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_en-US">Total premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2167" xlink:to="label2167" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2168" />
        <label xlink:type="resource" xlink:label="label2168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk old</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2168" xlink:to="label2168" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2169" />
        <label xlink:type="resource" xlink:label="label2169" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2169" xlink:to="label2169" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="element2170" />
        <label xlink:type="resource" xlink:label="label2170" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_en-US">This element shows Premiums earned on financial guarantees and insured derivatives within the company's insurance segments by geographic location of risk.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2170" xlink:to="label2170" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2171" />
        <label xlink:type="resource" xlink:label="label2171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Consolidation of variable interest entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2171" xlink:to="label2171" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2172" />
        <label xlink:type="resource" xlink:label="label2172" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Proceeds From Consolidation Of Variable Interest Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2172" xlink:to="label2172" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="element2173" />
        <label xlink:type="resource" xlink:label="label2173" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromConsolidationOfVariableInterestEntity_en-US">Cash inflows from consolidation of variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2173" xlink:to="label2173" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2174" />
        <label xlink:type="resource" xlink:label="label2174" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds from reinsurance and recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2174" xlink:to="label2174" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2175" />
        <label xlink:type="resource" xlink:label="label2175" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds From Reinsurance And Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2175" xlink:to="label2175" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="element2176" />
        <label xlink:type="resource" xlink:label="label2176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromReinsuranceAndRecoveries_en-US">Proceeds from recoveries and reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2176" xlink:to="label2176" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2177" />
        <label xlink:type="resource" xlink:label="label2177" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2177" xlink:to="label2177" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2178" />
        <label xlink:type="resource" xlink:label="label2178" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2178" xlink:to="label2178" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2179" />
        <label xlink:type="resource" xlink:label="label2179" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains (losses) and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2179" xlink:to="label2179" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="element2180" />
        <label xlink:type="resource" xlink:label="label2180" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_en-US">Realized gains and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2180" xlink:to="label2180" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2181" />
        <label xlink:type="resource" xlink:label="label2181" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains Losses and Other Settlements on Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2181" xlink:to="label2181" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2182" />
        <label xlink:type="resource" xlink:label="label2182" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2182" xlink:to="label2182" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="element2183" />
        <label xlink:type="resource" xlink:label="label2183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_en-US">Realized Gains (Losses) And Other Settlements On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2183" xlink:to="label2183" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2184" />
        <label xlink:type="resource" xlink:label="label2184" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives, Total.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2184" xlink:to="label2184" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2185" />
        <label xlink:type="resource" xlink:label="label2185" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized Gains Losses And Other Settlements On Insured Derivatives Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2185" xlink:to="label2185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2186" />
        <label xlink:type="resource" xlink:label="label2186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized (gains) losses and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2186" xlink:to="label2186" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="element2187" />
        <label xlink:type="resource" xlink:label="label2187" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_en-US">Realized (gains) losses and other settlements on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2187" xlink:to="label2187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2188" />
        <label xlink:type="resource" xlink:label="label2188" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReceivableForInvestmentsSold_en-US">Receivable for investments sold.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2188" xlink:to="label2188" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2189" />
        <label xlink:type="resource" xlink:label="label2189" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReceivableForInvestmentsSold_en-US">Receivable For Investments Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2189" xlink:to="label2189" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="element2190" />
        <label xlink:type="resource" xlink:label="label2190" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReceivableForInvestmentsSold_en-US">Receivable for investments sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2190" xlink:to="label2190" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2191" />
        <label xlink:type="resource" xlink:label="label2191" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation of net income loss to net cash provided used by operating activities [abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2191" xlink:to="label2191" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2192" />
        <label xlink:type="resource" xlink:label="label2192" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation Of Net Income Loss To Net Cash Provided Used By Operating Activities [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2192" xlink:to="label2192" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="element2193" />
        <label xlink:type="resource" xlink:label="label2193" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_en-US">Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2193" xlink:to="label2193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveryRatesMember" xlink:label="element2194" />
        <label xlink:type="resource" xlink:label="label2194" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2194" xlink:to="label2194" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveryRatesMember" xlink:label="element2195" />
        <label xlink:type="resource" xlink:label="label2195" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2195" xlink:to="label2195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveryRatesMember" xlink:label="element2196" />
        <label xlink:type="resource" xlink:label="label2196" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RecoveryRatesMember_en-US">Recovery Rates [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2196" xlink:to="label2196" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2197" />
        <label xlink:type="resource" xlink:label="label2197" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2197" xlink:to="label2197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2198" />
        <label xlink:type="resource" xlink:label="label2198" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2198" xlink:to="label2198" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="element2199" />
        <label xlink:type="resource" xlink:label="label2199" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageBackedAgencyMember_en-US">Residential Mortgage-Backed Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2199" xlink:to="label2199" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2200" />
        <label xlink:type="resource" xlink:label="label2200" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage-Backed Non-Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2200" xlink:to="label2200" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2201" />
        <label xlink:type="resource" xlink:label="label2201" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage Backed Non Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2201" xlink:to="label2201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="element2202" />
        <label xlink:type="resource" xlink:label="label2202" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageBackedNonAgencyMember_en-US">Residential Mortgage-Backed Non-Agency [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2202" xlink:to="label2202" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2203" />
        <label xlink:type="resource" xlink:label="label2203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2203" xlink:to="label2203" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2204" />
        <label xlink:type="resource" xlink:label="label2204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2204" xlink:to="label2204" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="element2205" />
        <label xlink:type="resource" xlink:label="label2205" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ResidentialMortgageLoansMember_en-US">Residential Mortgage Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2205" xlink:to="label2205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2206" />
        <label xlink:type="resource" xlink:label="label2206" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RevenuesOfConsolidatedVies_en-US">Revenues of consolidated VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2206" xlink:to="label2206" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2207" />
        <label xlink:type="resource" xlink:label="label2207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RevenuesOfConsolidatedVies_en-US">Revenues Of Consolidated Vies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2207" xlink:to="label2207" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="element2208" />
        <label xlink:type="resource" xlink:label="label2208" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RevenuesOfConsolidatedVies_en-US">Total revenues of all Variable Interest Entities consolidated by the reporting entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2208" xlink:to="label2208" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="element2209" />
        <label xlink:type="resource" xlink:label="label2209" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CDOsMember_en-US">CDOs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2209" xlink:to="label2209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="element2210" />
        <label xlink:type="resource" xlink:label="label2210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CDOsMember_en-US">CDOs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2210" xlink:to="label2210" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="element2211" />
        <label xlink:type="resource" xlink:label="label2211" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CDOsMember_en-US">CDOs [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2211" xlink:to="label2211" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2212" />
        <label xlink:type="resource" xlink:label="label2212" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule Of Basic And Diluted Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2212" xlink:to="label2212" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2213" />
        <label xlink:type="resource" xlink:label="label2213" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule Of Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2213" xlink:to="label2213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="element2214" />
        <label xlink:type="resource" xlink:label="label2214" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_en-US">Schedule of Basic and Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2214" xlink:to="label2214" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2215" />
        <label xlink:type="resource" xlink:label="label2215" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Fair Values And Gross Unrealized Losses By Credit Rating Category Of ABS, MBS and Corporate Obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2215" xlink:to="label2215" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2216" />
        <label xlink:type="resource" xlink:label="label2216" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Schedule Of Fair Values And Gross Unrealized Losses By Credit Rating Category [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2216" xlink:to="label2216" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="element2217" />
        <label xlink:type="resource" xlink:label="label2217" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_en-US">Fair values and gross unrealized losses by credit rating category of asset-backed securities, mortgage-backed securities and corporate obligations.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2217" xlink:to="label2217" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2218" />
        <label xlink:type="resource" xlink:label="label2218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2218" xlink:to="label2218" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2219" />
        <label xlink:type="resource" xlink:label="label2219" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2219" xlink:to="label2219" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="element2220" />
        <label xlink:type="resource" xlink:label="label2220" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_en-US">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2220" xlink:to="label2220" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2221" />
        <label xlink:type="resource" xlink:label="label2221" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Present Value Of The Probability-Weighted Future Claim Payments And Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2221" xlink:to="label2221" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2222" />
        <label xlink:type="resource" xlink:label="label2222" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2222" xlink:to="label2222" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="element2223" />
        <label xlink:type="resource" xlink:label="label2223" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_en-US">Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2223" xlink:to="label2223" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2224" />
        <label xlink:type="resource" xlink:label="label2224" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expenses Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2224" xlink:to="label2224" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2225" />
        <label xlink:type="resource" xlink:label="label2225" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2225" xlink:to="label2225" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="element2226" />
        <label xlink:type="resource" xlink:label="label2226" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_en-US">Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2226" xlink:to="label2226" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2227" />
        <label xlink:type="resource" xlink:label="label2227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2227" xlink:to="label2227" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2228" />
        <label xlink:type="resource" xlink:label="label2228" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2228" xlink:to="label2228" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="element2229" />
        <label xlink:type="resource" xlink:label="label2229" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_en-US">Schedule Of Losses And Loss Adjustment Expenses [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2229" xlink:to="label2229" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2230" />
        <label xlink:type="resource" xlink:label="label2230" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Significant Inputs Used In Measurement Of Credit Losses On Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2230" xlink:to="label2230" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2231" />
        <label xlink:type="resource" xlink:label="label2231" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Schedule Of Significant Inputs Used In Measurement Of Credit Loss Component Recognized In Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2231" xlink:to="label2231" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="element2232" />
        <label xlink:type="resource" xlink:label="label2232" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_en-US">Tabular disclosure presenting the significant inputs used in measuring the credit loss component recognized in earnings of other-than-temporary impairments in which a portion of the impairment loss is recognized in accumulated other comprehensive income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2232" xlink:to="label2232" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2233" />
        <label xlink:type="resource" xlink:label="label2233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Summary Of Nonconsolidated VIEs Assets And Liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2233" xlink:to="label2233" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2234" />
        <label xlink:type="resource" xlink:label="label2234" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Summary Of Nonconsolidated Vies Assets And Liabilities [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2234" xlink:to="label2234" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="element2235" />
        <label xlink:type="resource" xlink:label="label2235" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_en-US">Schedule Of Summary Of Nonconsolidated VIEs Assets And Liabilities [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2235" xlink:to="label2235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2236" />
        <label xlink:type="resource" xlink:label="label2236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second-Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2236" xlink:to="label2236" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2237" />
        <label xlink:type="resource" xlink:label="label2237" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second Lien Residential Mortgage Backed Securities And Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2237" xlink:to="label2237" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="element2238" />
        <label xlink:type="resource" xlink:label="label2238" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_en-US">Second-Lien Residential Mortgage Backed Securities And Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2238" xlink:to="label2238" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2239" />
        <label xlink:type="resource" xlink:label="label2239" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor and The Related Insurance Loss Reserve On Company Insured Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2239" xlink:to="label2239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2240" />
        <label xlink:type="resource" xlink:label="label2240" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor And Related Insurance Loss Reserve On Company Insured Investments [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2240" xlink:to="label2240" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="element2241" />
        <label xlink:type="resource" xlink:label="label2241" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_en-US">Securities held in unrealized loss position and insured by financial guarantor and the related insurance loss reserve on company insured investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2241" xlink:to="label2241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2242" />
        <label xlink:type="resource" xlink:label="label2242" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2242" xlink:to="label2242" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2243" />
        <label xlink:type="resource" xlink:label="label2243" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2243" xlink:to="label2243" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="element2244" />
        <label xlink:type="resource" xlink:label="label2244" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuritiesInUnrealizedLossPositionMember_en-US">Securities In Unrealized Loss Position [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2244" xlink:to="label2244" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2245" />
        <label xlink:type="resource" xlink:label="label2245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">&gt; 15% To 25% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2245" xlink:to="label2245" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2246" />
        <label xlink:type="resource" xlink:label="label2246" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">Greater Than Fifteen Percent To Twenty Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2246" xlink:to="label2246" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="element2247" />
        <label xlink:type="resource" xlink:label="label2247" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_en-US">Distribution of securities where fair value is below market value by greater than 15% to 25%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2247" xlink:to="label2247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="element2248" />
        <label xlink:type="resource" xlink:label="label2248" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InternationalAndStructuredFinanceInsuranceMember_en-US">International And Structured Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2248" xlink:to="label2248" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="element2249" />
        <label xlink:type="resource" xlink:label="label2249" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternationalAndStructuredFinanceInsuranceMember_en-US">Structured Finance And International Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2249" xlink:to="label2249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="element2250" />
        <label xlink:type="resource" xlink:label="label2250" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternationalAndStructuredFinanceInsuranceMember_en-US">Structured Finance and International Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2250" xlink:to="label2250" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2251" />
        <label xlink:type="resource" xlink:label="label2251" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2251" xlink:to="label2251" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2252" />
        <label xlink:type="resource" xlink:label="label2252" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2252" xlink:to="label2252" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="element2253" />
        <label xlink:type="resource" xlink:label="label2253" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurveillanceCategoriesAxis_en-US">Surveillance Categories [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2253" xlink:to="label2253" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2254" />
        <label xlink:type="resource" xlink:label="label2254" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2254" xlink:to="label2254" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2255" />
        <label xlink:type="resource" xlink:label="label2255" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2255" xlink:to="label2255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="element2256" />
        <label xlink:type="resource" xlink:label="label2256" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurveillanceCategoriesDomain_en-US">Surveillance Categories [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2256" xlink:to="label2256" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableBondsMember" xlink:label="element2257" />
        <label xlink:type="resource" xlink:label="label2257" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2257" xlink:to="label2257" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableBondsMember" xlink:label="element2258" />
        <label xlink:type="resource" xlink:label="label2258" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2258" xlink:to="label2258" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableBondsMember" xlink:label="element2259" />
        <label xlink:type="resource" xlink:label="label2259" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxableBondsMember_en-US">Taxable Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2259" xlink:to="label2259" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2260" />
        <label xlink:type="resource" xlink:label="label2260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxableIncomeProjectionYears_en-US">Taxable income projections, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2260" xlink:to="label2260" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2261" />
        <label xlink:type="resource" xlink:label="label2261" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxableIncomeProjectionYears_en-US">Taxable Income Projection Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2261" xlink:to="label2261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="element2262" />
        <label xlink:type="resource" xlink:label="label2262" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxableIncomeProjectionYears_en-US">Taxable income projection, years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2262" xlink:to="label2262" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2263" />
        <label xlink:type="resource" xlink:label="label2263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxExemptBondsMember_en-US">Tax-Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2263" xlink:to="label2263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2264" />
        <label xlink:type="resource" xlink:label="label2264" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxExemptBondsMember_en-US">Tax Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2264" xlink:to="label2264" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxExemptBondsMember" xlink:label="element2265" />
        <label xlink:type="resource" xlink:label="label2265" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxExemptBondsMember_en-US">Tax-Exempt Bonds [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2265" xlink:to="label2265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2266" />
        <label xlink:type="resource" xlink:label="label2266" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ThirdPartyGuarantorsMember_en-US">3rd Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2266" xlink:to="label2266" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2267" />
        <label xlink:type="resource" xlink:label="label2267" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ThirdPartyGuarantorsMember_en-US">Third Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2267" xlink:to="label2267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="element2268" />
        <label xlink:type="resource" xlink:label="label2268" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ThirdPartyGuarantorsMember_en-US">Third Party Guarantors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2268" xlink:to="label2268" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2269" />
        <label xlink:type="resource" xlink:label="label2269" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains (Losses) Included In Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2269" xlink:to="label2269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2270" />
        <label xlink:type="resource" xlink:label="label2270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains Losses Included In Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2270" xlink:to="label2270" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="element2271" />
        <label xlink:type="resource" xlink:label="label2271" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalGainsLossesIncludedInEarningsMember_en-US">Total Gains (Losses) Included in Earnings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2271" xlink:to="label2271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInsuranceMember" xlink:label="element2272" />
        <label xlink:type="resource" xlink:label="label2272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalInsuranceMember_en-US">Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2272" xlink:to="label2272" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInsuranceMember" xlink:label="element2273" />
        <label xlink:type="resource" xlink:label="label2273" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalInsuranceMember_en-US">Total Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2273" xlink:to="label2273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInsuranceMember" xlink:label="element2274" />
        <label xlink:type="resource" xlink:label="label2274" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalInsuranceMember_en-US">Total Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2274" xlink:to="label2274" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2275" />
        <label xlink:type="resource" xlink:label="label2275" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2275" xlink:to="label2275" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2276" />
        <label xlink:type="resource" xlink:label="label2276" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2276" xlink:to="label2276" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInvestmentsMember" xlink:label="element2277" />
        <label xlink:type="resource" xlink:label="label2277" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalInvestmentsMember_en-US">Total Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2277" xlink:to="label2277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2278" />
        <label xlink:type="resource" xlink:label="label2278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers into or out of Level 1</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2278" xlink:to="label2278" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2279" />
        <label xlink:type="resource" xlink:label="label2279" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers Into And Out Of Level One</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2279" xlink:to="label2279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="element2280" />
        <label xlink:type="resource" xlink:label="label2280" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoAndOutOfLevelOne_en-US">Transfers of assets measured at fair value on a recurring basis into and out of level one during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2280" xlink:to="label2280" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2281" />
        <label xlink:type="resource" xlink:label="label2281" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoLevelThree_en-US">Transfers into Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2281" xlink:to="label2281" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2282" />
        <label xlink:type="resource" xlink:label="label2282" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoLevelThree_en-US">Transfers Into Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2282" xlink:to="label2282" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelThree" xlink:label="element2283" />
        <label xlink:type="resource" xlink:label="label2283" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoLevelThree_en-US">Transfers of assets measured at fair value on a recurring basis into level three during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2283" xlink:to="label2283" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2284" />
        <label xlink:type="resource" xlink:label="label2284" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersIntoLevelTwo_en-US">Transfers into Level 2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2284" xlink:to="label2284" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2285" />
        <label xlink:type="resource" xlink:label="label2285" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersIntoLevelTwo_en-US">Transfers Into Level Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2285" xlink:to="label2285" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="element2286" />
        <label xlink:type="resource" xlink:label="label2286" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersIntoLevelTwo_en-US">Transfers of assets measured at fair value on a recurring basis into level two during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2286" xlink:to="label2286" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2287" />
        <label xlink:type="resource" xlink:label="label2287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersOutOfLevelThree_en-US">Transfers out of Level 3</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2287" xlink:to="label2287" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2288" />
        <label xlink:type="resource" xlink:label="label2288" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersOutOfLevelThree_en-US">Transfers Out Of Level Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2288" xlink:to="label2288" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="element2289" />
        <label xlink:type="resource" xlink:label="label2289" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersOutOfLevelThree_en-US">Transfers of assets measured at fair value on a recurring basis out of level three during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2289" xlink:to="label2289" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2290" />
        <label xlink:type="resource" xlink:label="label2290" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransfersOutOfLevelTwo_en-US">Transfers out of Level 2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2290" xlink:to="label2290" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2291" />
        <label xlink:type="resource" xlink:label="label2291" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransfersOutOfLevelTwo_en-US">Transfers Out Of Level Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2291" xlink:to="label2291" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="element2292" />
        <label xlink:type="resource" xlink:label="label2292" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransfersOutOfLevelTwo_en-US">Transfers of assets measured at fair value on a recurring basis out of level two during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2292" xlink:to="label2292" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2293" />
        <label xlink:type="resource" xlink:label="label2293" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">&gt; 25% To 50% [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2293" xlink:to="label2293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2294" />
        <label xlink:type="resource" xlink:label="label2294" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">Greater Than Twenty Five Percent To Fifty Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2294" xlink:to="label2294" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="element2295" />
        <label xlink:type="resource" xlink:label="label2295" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_en-US">Distribution of securities where fair value is below market value by greater than 25% to 50%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2295" xlink:to="label2295" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2296" />
        <label xlink:type="resource" xlink:label="label2296" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2296" xlink:to="label2296" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2297" />
        <label xlink:type="resource" xlink:label="label2297" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2297" xlink:to="label2297" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="element2298" />
        <label xlink:type="resource" xlink:label="label2298" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TypeOfGuaranteeAxis_en-US">Type Of Guarantee [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2298" xlink:to="label2298" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2299" />
        <label xlink:type="resource" xlink:label="label2299" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2299" xlink:to="label2299" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2300" />
        <label xlink:type="resource" xlink:label="label2300" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2300" xlink:to="label2300" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="element2301" />
        <label xlink:type="resource" xlink:label="label2301" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TypeOfGuaranteeDomain_en-US">Type Of Guarantee [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2301" xlink:to="label2301" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="element2302" />
        <label xlink:type="resource" xlink:label="label2302" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2302" xlink:to="label2302" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="element2303" />
        <label xlink:type="resource" xlink:label="label2303" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2303" xlink:to="label2303" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="element2304" />
        <label xlink:type="resource" xlink:label="label2304" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnobservableInputAxis_en-US">Unobservable Input [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2304" xlink:to="label2304" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="element2305" />
        <label xlink:type="resource" xlink:label="label2305" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2305" xlink:to="label2305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="element2306" />
        <label xlink:type="resource" xlink:label="label2306" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2306" xlink:to="label2306" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="element2307" />
        <label xlink:type="resource" xlink:label="label2307" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnobservableInputDomain_en-US">Unobservable Input [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2307" xlink:to="label2307" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2308" />
        <label xlink:type="resource" xlink:label="label2308" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2308" xlink:to="label2308" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2309" />
        <label xlink:type="resource" xlink:label="label2309" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2309" xlink:to="label2309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="element2310" />
        <label xlink:type="resource" xlink:label="label2310" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RecoveriesOnUnpaidLossesMember_en-US">Recoveries On Unpaid Losses [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2310" xlink:to="label2310" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2311" />
        <label xlink:type="resource" xlink:label="label2311" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizableDeferredTaxAssets_en-US">Total deferred tax assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2311" xlink:to="label2311" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2312" />
        <label xlink:type="resource" xlink:label="label2312" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizableDeferredTaxAssets_en-US">Unrealizable Deferred Tax Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2312" xlink:to="label2312" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="element2313" />
        <label xlink:type="resource" xlink:label="label2313" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizableDeferredTaxAssets_en-US">Unrealizable Deferred Tax Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2313" xlink:to="label2313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2314" />
        <label xlink:type="resource" xlink:label="label2314" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains (Losses) On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2314" xlink:to="label2314" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2315" />
        <label xlink:type="resource" xlink:label="label2315" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains Losses On Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2315" xlink:to="label2315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="element2316" />
        <label xlink:type="resource" xlink:label="label2316" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_en-US">Unrealized Gains Losses on Insured Derivatives [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2316" xlink:to="label2316" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2317" />
        <label xlink:type="resource" xlink:label="label2317" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2317" xlink:to="label2317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2318" />
        <label xlink:type="resource" xlink:label="label2318" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2318" xlink:to="label2318" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="element2319" />
        <label xlink:type="resource" xlink:label="label2319" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_en-US">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2319" xlink:to="label2319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2320" />
        <label xlink:type="resource" xlink:label="label2320" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_USPublicFinanceInsuranceMember_en-US">U.S. Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2320" xlink:to="label2320" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2321" />
        <label xlink:type="resource" xlink:label="label2321" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_USPublicFinanceInsuranceMember_en-US">U S Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2321" xlink:to="label2321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="element2322" />
        <label xlink:type="resource" xlink:label="label2322" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_USPublicFinanceInsuranceMember_en-US">U.S. Public Finance Insurance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2322" xlink:to="label2322" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2323" />
        <label xlink:type="resource" xlink:label="label2323" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2323" xlink:to="label2323" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2324" />
        <label xlink:type="resource" xlink:label="label2324" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2324" xlink:to="label2324" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="element2325" />
        <label xlink:type="resource" xlink:label="label2325" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_en-US">Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2325" xlink:to="label2325" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2326" />
        <label xlink:type="resource" xlink:label="label2326" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2326" xlink:to="label2326" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2327" />
        <label xlink:type="resource" xlink:label="label2327" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2327" xlink:to="label2327" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="element2328" />
        <label xlink:type="resource" xlink:label="label2328" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VariableInterestEntityNotesMember_en-US">Variable Interest Entity Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2328" xlink:to="label2328" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2329" />
        <label xlink:type="resource" xlink:label="label2329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">Weighted average contractual maturity period in years for securities in an unrealized loss position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2329" xlink:to="label2329" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2330" />
        <label xlink:type="resource" xlink:label="label2330" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">Weighted Average Contractual Maturity Period Of Securities Unrealized Loss Position</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2330" xlink:to="label2330" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="element2331" />
        <label xlink:type="resource" xlink:label="label2331" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_en-US">This element represents the weighted average contractual maturity period in years for securities in an unrealized loss position.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2331" xlink:to="label2331" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2332" />
        <label xlink:type="resource" xlink:label="label2332" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2332" xlink:to="label2332" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2333" />
        <label xlink:type="resource" xlink:label="label2333" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2333" xlink:to="label2333" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageLifeMember" xlink:label="element2334" />
        <label xlink:type="resource" xlink:label="label2334" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageLifeMember_en-US">Weighted Average Life [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2334" xlink:to="label2334" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2335" />
        <label xlink:type="resource" xlink:label="label2335" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted average remaining expected maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2335" xlink:to="label2335" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2336" />
        <label xlink:type="resource" xlink:label="label2336" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted Average Remaining Maturity Credit Derivatives In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2336" xlink:to="label2336" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="element2337" />
        <label xlink:type="resource" xlink:label="label2337" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_en-US">Weighted Average Remaining Maturity Credit Derivatives In Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2337" xlink:to="label2337" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2338" />
        <label xlink:type="resource" xlink:label="label2338" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2338" xlink:to="label2338" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2339" />
        <label xlink:type="resource" xlink:label="label2339" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2339" xlink:to="label2339" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WrappedSecuritiesMember" xlink:label="element2340" />
        <label xlink:type="resource" xlink:label="label2340" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WrappedSecuritiesMember_en-US">Wrapped Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2340" xlink:to="label2340" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2341" />
        <label xlink:type="resource" xlink:label="label2341" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementRangePercentage_en-US">Range percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2341" xlink:to="label2341" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2342" />
        <label xlink:type="resource" xlink:label="label2342" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementRangePercentage_en-US">This element represents the fair value measurement range percentage of the Company's assets and liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2342" xlink:to="label2342" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="element2343" />
        <label xlink:type="resource" xlink:label="label2343" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementRangePercentage_en-US">Fair Value Measurement Range Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2343" xlink:to="label2343" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2344" />
        <label xlink:type="resource" xlink:label="label2344" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherDerivativeLiabilitiesMember_en-US">Other Derivative Liabilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2344" xlink:to="label2344" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2345" />
        <label xlink:type="resource" xlink:label="label2345" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherDerivativeLiabilitiesMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2345" xlink:to="label2345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="element2346" />
        <label xlink:type="resource" xlink:label="label2346" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherDerivativeLiabilitiesMember_en-US">This category, Other Derivative Liabilities, represents the Derivative Liabilities that do not belong under MultiSector CDOs or CMBS.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2346" xlink:to="label2346" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="element2347" />
        <label xlink:type="resource" xlink:label="label2347" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedExposureAxis_en-US">Commuted Exposure [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2347" xlink:to="label2347" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="element2348" />
        <label xlink:type="resource" xlink:label="label2348" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedExposureAxis_en-US">Exposure commuted during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2348" xlink:to="label2348" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="element2349" />
        <label xlink:type="resource" xlink:label="label2349" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommutedExposureDomain_en-US">Commuted Exposure [Domain]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2349" xlink:to="label2349" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="element2350" />
        <label xlink:type="resource" xlink:label="label2350" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommutedExposureDomain_en-US">Exposure commuted during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2350" xlink:to="label2350" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2351" />
        <label xlink:type="resource" xlink:label="label2351" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalCommutedExposureMember_en-US">Total Commuted Exposure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2351" xlink:to="label2351" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2352" />
        <label xlink:type="resource" xlink:label="label2352" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalCommutedExposureMember_en-US">This element represents the total exposure commuted during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2352" xlink:to="label2352" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalCommutedExposureMember" xlink:label="element2353" />
        <label xlink:type="resource" xlink:label="label2353" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalCommutedExposureMember_en-US">Total commuted exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2353" xlink:to="label2353" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2354" />
        <label xlink:type="resource" xlink:label="label2354" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PreviouslyReportedCommutedExposureMember_en-US">Previously Reported Commuted Exposure [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2354" xlink:to="label2354" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2355" />
        <label xlink:type="resource" xlink:label="label2355" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PreviouslyReportedCommutedExposureMember_en-US">This element represents the exposure commuted that has been previously reported in a SEC filing.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2355" xlink:to="label2355" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="element2356" />
        <label xlink:type="resource" xlink:label="label2356" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PreviouslyReportedCommutedExposureMember_en-US">Previously reported commuted exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2356" xlink:to="label2356" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="element2357" />
        <label xlink:type="resource" xlink:label="label2357" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CashCollateralToDerivativeCounterpartiesTable_en-US">Cash Collateral to Derivative Counterparties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2357" xlink:to="label2357" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="element2358" />
        <label xlink:type="resource" xlink:label="label2358" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CashCollateralToDerivativeCounterpartiesTable_en-US">Cash collateral to derivative counterparties [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2358" xlink:to="label2358" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="element2359" />
        <label xlink:type="resource" xlink:label="label2359" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_en-US">Effective Income Tax Rate Reconciliation Increase Reduction In Tax Rates [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2359" xlink:to="label2359" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="element2360" />
        <label xlink:type="resource" xlink:label="label2360" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_en-US">Increase (reduction) in taxes resulting from: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2360" xlink:to="label2360" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2361" />
        <label xlink:type="resource" xlink:label="label2361" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">Effective Income Tax Rate Reconciliation Mark To Market On Warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2361" xlink:to="label2361" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2362" />
        <label xlink:type="resource" xlink:label="label2362" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to the mark-to-market on warrants.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2362" xlink:to="label2362" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="element2363" />
        <label xlink:type="resource" xlink:label="label2363" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_en-US">Mark-to-market on warrants</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2363" xlink:to="label2363" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2364" />
        <label xlink:type="resource" xlink:label="label2364" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">Effective Income TaxRate Reconciliation Uncertain Tax Positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2364" xlink:to="label2364" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2365" />
        <label xlink:type="resource" xlink:label="label2365" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to uncertain tax positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2365" xlink:to="label2365" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="element2366" />
        <label xlink:type="resource" xlink:label="label2366" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_en-US">Change in uncertain tax positions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2366" xlink:to="label2366" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2367" />
        <label xlink:type="resource" xlink:label="label2367" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">Effective Income Tax Rate Reconciliation Deferred Tax Inventory Adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2367" xlink:to="label2367" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2368" />
        <label xlink:type="resource" xlink:label="label2368" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">This element represents the difference between the federal statutory and effective tax rate attributable to the deferred tax inventory adjustment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2368" xlink:to="label2368" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="element2369" />
        <label xlink:type="resource" xlink:label="label2369" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_en-US">Tax return and deferred inventory adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2369" xlink:to="label2369" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2370" />
        <label xlink:type="resource" xlink:label="label2370" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from the unearned premiums reserve.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2370" xlink:to="label2370" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2371" />
        <label xlink:type="resource" xlink:label="label2371" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Unearned premium reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2371" xlink:to="label2371" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="element2372" />
        <label xlink:type="resource" xlink:label="label2372" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_en-US">Deferred Tax Liabilities Unearned Premium Revenue</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2372" xlink:to="label2372" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2373" />
        <label xlink:type="resource" xlink:label="label2373" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Deferred Tax Liabilities Loss Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2373" xlink:to="label2373" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2374" />
        <label xlink:type="resource" xlink:label="label2374" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from loss reserves other than estimated credit losses.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2374" xlink:to="label2374" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="element2375" />
        <label xlink:type="resource" xlink:label="label2375" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesLossReserves_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2375" xlink:to="label2375" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2376" />
        <label xlink:type="resource" xlink:label="label2376" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">Deferred Tax Liabilities Deferral Of Cod Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2376" xlink:to="label2376" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2377" />
        <label xlink:type="resource" xlink:label="label2377" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">This element represents the deferred tax liabilities on the cancellation of indebtedness income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2377" xlink:to="label2377" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="element2378" />
        <label xlink:type="resource" xlink:label="label2378" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_en-US">Deferral of cancellation of indebtedness income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2378" xlink:to="label2378" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2379" />
        <label xlink:type="resource" xlink:label="label2379" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">Deferred Tax Assets Nols And Tax Credit Carryforwards</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2379" xlink:to="label2379" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2380" />
        <label xlink:type="resource" xlink:label="label2380" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">This elements represents deferred tax assets on net operating loss and tax credit carryforwards.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2380" xlink:to="label2380" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="element2381" />
        <label xlink:type="resource" xlink:label="label2381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_en-US">Net operating loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2381" xlink:to="label2381" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2382" />
        <label xlink:type="resource" xlink:label="label2382" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">This element represents deferred tax assets on capital loss carryforwards and other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2382" xlink:to="label2382" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2383" />
        <label xlink:type="resource" xlink:label="label2383" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">Capital loss carryforward and other-than-temporary impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2383" xlink:to="label2383" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="element2384" />
        <label xlink:type="resource" xlink:label="label2384" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_en-US">Deferred Tax Assets Capital Loss Carryforwards And Other Than Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2384" xlink:to="label2384" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2385" />
        <label xlink:type="resource" xlink:label="label2385" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">Deferred Tax Assets Insured Derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2385" xlink:to="label2385" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2386" />
        <label xlink:type="resource" xlink:label="label2386" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">This element represents the dererred tax assets on insured derivatives.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2386" xlink:to="label2386" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="element2387" />
        <label xlink:type="resource" xlink:label="label2387" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsInsuredDerivatives_en-US">Net unrealized losses on insured derivatives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2387" xlink:to="label2387" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2388" />
        <label xlink:type="resource" xlink:label="label2388" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">Deferred Tax Assets Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2388" xlink:to="label2388" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2389" />
        <label xlink:type="resource" xlink:label="label2389" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">This element represents the deferred tax assets related to variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2389" xlink:to="label2389" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="element2390" />
        <label xlink:type="resource" xlink:label="label2390" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetsVariableInterestEntities_en-US">Net deferred taxes on VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2390" xlink:to="label2390" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2391" />
        <label xlink:type="resource" xlink:label="label2391" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">Estimated Tax Liability On Undistributed Earnings Of Foreign Subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2391" xlink:to="label2391" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2392" />
        <label xlink:type="resource" xlink:label="label2392" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">This element represents the estimated tax on the undistributed earnings of foreign subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2392" xlink:to="label2392" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="element2393" />
        <label xlink:type="resource" xlink:label="label2393" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_en-US">Estimated tax liability on undistributed earnings of foreign subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2393" xlink:to="label2393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="element2394" />
        <label xlink:type="resource" xlink:label="label2394" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeBeforeIncomeTaxesTable_en-US">Income Before Income Taxes [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2394" xlink:to="label2394" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="element2395" />
        <label xlink:type="resource" xlink:label="label2395" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeBeforeIncomeTaxesAxis_en-US">Income Before Income Taxes [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2395" xlink:to="label2395" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DomesticMember" xlink:label="element2396" />
        <label xlink:type="resource" xlink:label="label2396" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DomesticMember_en-US">Domestic [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2396" xlink:to="label2396" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignMember" xlink:label="element2397" />
        <label xlink:type="resource" xlink:label="label2397" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ForeignMember_en-US">Foreign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2397" xlink:to="label2397" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AntidilutiveSharesAbstract" xlink:label="element2398" />
        <label xlink:type="resource" xlink:label="label2398" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AntidilutiveSharesAbstract_en-US">Antidilutive Shares [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2398" xlink:to="label2398" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2399" />
        <label xlink:type="resource" xlink:label="label2399" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">Schedule Of Abs Mbs And Corporate Obligations Guaranteed By Financial Guarantors [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2399" xlink:to="label2399" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2400" />
        <label xlink:type="resource" xlink:label="label2400" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">For all ABS, MBS and corporate obligations that are guaranteed by financial guarantors, a tabular disclosure presenting the average credit rating with and without the effect of the financial guarantee and the fair value and percentage of securities by asset class that are rated below investment grade without the benefit of the financial guarantee.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2400" xlink:to="label2400" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="element2401" />
        <label xlink:type="resource" xlink:label="label2401" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_en-US">Average Credit Ratings and Fair Value and Percentage Of Guaranteed ABS MBS and Corporate Obligations Below Investment Grade</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2401" xlink:to="label2401" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="element2402" />
        <label xlink:type="resource" xlink:label="label2402" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_en-US">Available For Sale Securities And Held To Maturity Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2402" xlink:to="label2402" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="element2403" />
        <label xlink:type="resource" xlink:label="label2403" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_en-US">Available-For-Sale Securities And Held-To-Maturity Securities [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2403" xlink:to="label2403" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2404" />
        <label xlink:type="resource" xlink:label="label2404" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Held To Maturity Cumulative Other Than Temporary Impairment Of Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2404" xlink:to="label2404" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2405" />
        <label xlink:type="resource" xlink:label="label2405" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Other-Than-Temporary Impairments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2405" xlink:to="label2405" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="element2406" />
        <label xlink:type="resource" xlink:label="label2406" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_en-US">Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2406" xlink:to="label2406" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="element2407" />
        <label xlink:type="resource" xlink:label="label2407" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_en-US">Available For Sale Securities And Held To Maturity Securities [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2407" xlink:to="label2407" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="element2408" />
        <label xlink:type="resource" xlink:label="label2408" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpAndNationalMember_en-US">Mbia Corp And National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2408" xlink:to="label2408" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="element2409" />
        <label xlink:type="resource" xlink:label="label2409" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpAndNationalMember_en-US">Mbia Corp And National [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2409" xlink:to="label2409" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherInsurersMember" xlink:label="element2410" />
        <label xlink:type="resource" xlink:label="label2410" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherInsurersMember_en-US">Other Insurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2410" xlink:to="label2410" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherInsurersMember" xlink:label="element2411" />
        <label xlink:type="resource" xlink:label="label2411" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherInsurersMember_en-US">Other Insurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2411" xlink:to="label2411" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="element2412" />
        <label xlink:type="resource" xlink:label="label2412" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_en-US">Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2412" xlink:to="label2412" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="element2413" />
        <label xlink:type="resource" xlink:label="label2413" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_en-US">Additions For Credit Loss Impairments Recognized in Prior Periods For Securities That Were Reimpaired With Non Credit Component In Current Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2413" xlink:to="label2413" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2414" />
        <label xlink:type="resource" xlink:label="label2414" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Controlling Financial Interest Evidence By Voting Interest Greater Than Certain Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2414" xlink:to="label2414" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2415" />
        <label xlink:type="resource" xlink:label="label2415" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Represents the percentage under which the Company does not have a controlling financial interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2415" xlink:to="label2415" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="element2416" />
        <label xlink:type="resource" xlink:label="label2416" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_en-US">Controlling Financial Interest In Or Exert Significant Influence Over An Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2416" xlink:to="label2416" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="element2417" />
        <label xlink:type="resource" xlink:label="label2417" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccountingPolicyLineItems_en-US">Accounting Policy [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2417" xlink:to="label2417" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="element2418" />
        <label xlink:type="resource" xlink:label="label2418" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_en-US">Percentage Of Qualified Financial Guarantee Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2418" xlink:to="label2418" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="element2419" />
        <label xlink:type="resource" xlink:label="label2419" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_en-US">Represents the precentage of financial guarantee contracts that qualify for the financial guarantee scope exception.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2419" xlink:to="label2419" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="element2420" />
        <label xlink:type="resource" xlink:label="label2420" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfVariableInterestEntitiesConsolidated_en-US">Number of variable interest entities consolidated</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2420" xlink:to="label2420" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="element2421" />
        <label xlink:type="resource" xlink:label="label2421" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfVariableInterestEntitiesConsolidated_en-US">Represents the number of VIEs consolidated during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2421" xlink:to="label2421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2422" />
        <label xlink:type="resource" xlink:label="label2422" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Increase Decrease In Other Net Realized Gains Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2422" xlink:to="label2422" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2423" />
        <label xlink:type="resource" xlink:label="label2423" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Increase decrease in other net Realized Gains Losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2423" xlink:to="label2423" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="element2424" />
        <label xlink:type="resource" xlink:label="label2424" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_en-US">Other net realized (gains) losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2424" xlink:to="label2424" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2425" />
        <label xlink:type="resource" xlink:label="label2425" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First Lien Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2425" xlink:to="label2425" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2426" />
        <label xlink:type="resource" xlink:label="label2426" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First Lien Residential Mortgage Backed Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2426" xlink:to="label2426" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="element2427" />
        <label xlink:type="resource" xlink:label="label2427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_en-US">First-Lien RMBS [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2427" xlink:to="label2427" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2428" />
        <label xlink:type="resource" xlink:label="label2428" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated Variable Interest Entities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2428" xlink:to="label2428" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2429" />
        <label xlink:type="resource" xlink:label="label2429" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated variable interest entities, tax.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2429" xlink:to="label2429" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="element2430" />
        <label xlink:type="resource" xlink:label="label2430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsolidatedVariableInterestEntitiesTax_en-US">Consolidated variable interest entities, net of tax of $23</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2430" xlink:to="label2430" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2431" />
        <label xlink:type="resource" xlink:label="label2431" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated Variable Interest Entities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2431" xlink:to="label2431" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2432" />
        <label xlink:type="resource" xlink:label="label2432" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated variable interest entities, tax.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2432" xlink:to="label2432" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="element2433" />
        <label xlink:type="resource" xlink:label="label2433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeconsolidatedVariableInterestEntitiesTax_en-US">Deconsolidated variable interest entities, net of tax of $2</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2433" xlink:to="label2433" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2434" />
        <label xlink:type="resource" xlink:label="label2434" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InterestRateOnSurplusNotes_en-US">Interest Rate On Surplus Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2434" xlink:to="label2434" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2435" />
        <label xlink:type="resource" xlink:label="label2435" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InterestRateOnSurplusNotes_en-US">This element represents the interest rate on the Surplus Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2435" xlink:to="label2435" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="element2436" />
        <label xlink:type="resource" xlink:label="label2436" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InterestRateOnSurplusNotes_en-US">Interest rate on surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2436" xlink:to="label2436" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2437" />
        <label xlink:type="resource" xlink:label="label2437" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Derivative Asset Counterparty Netting Amount Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2437" xlink:to="label2437" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2438" />
        <label xlink:type="resource" xlink:label="label2438" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Derivative Asset Counterparty Netting Amount Fair Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2438" xlink:to="label2438" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="element2439" />
        <label xlink:type="resource" xlink:label="label2439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_en-US">Amount of counterparty netting (assets)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2439" xlink:to="label2439" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" xlink:label="element2440" />
        <label xlink:type="resource" xlink:label="label2440" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_en-US">Derivative Liability Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2440" xlink:to="label2440" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" xlink:label="element2441" />
        <label xlink:type="resource" xlink:label="label2441" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_en-US">Derivative Liability Counterparty Netting</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2441" xlink:to="label2441" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" xlink:label="element2442" />
        <label xlink:type="resource" xlink:label="label2442" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_en-US">Amount of counterparty netting (liabilities)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2442" xlink:to="label2442" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="element2443" />
        <label xlink:type="resource" xlink:label="label2443" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MediumTermNotesAndOtherInvestmentsMember_en-US">Medium Term Notes And Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2443" xlink:to="label2443" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="element2444" />
        <label xlink:type="resource" xlink:label="label2444" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MediumTermNotesAndOtherInvestmentsMember_en-US">Medium Term Notes And Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2444" xlink:to="label2444" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2445" />
        <label xlink:type="resource" xlink:label="label2445" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change In Unrealized Gain Loss On Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2445" xlink:to="label2445" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2446" />
        <label xlink:type="resource" xlink:label="label2446" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealizedGainLossOnInvestments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2446" xlink:to="label2446" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2447" />
        <label xlink:type="resource" xlink:label="label2447" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealized gains and losses on investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2447" xlink:to="label2447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="element2448" />
        <label xlink:type="resource" xlink:label="label2448" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_ChangeInUnrealizedGainLossOnInvestments_en-US">Change in unrealized gains and losses on AFS securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2448" xlink:to="label2448" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateClaimAmount" xlink:label="element2449" />
        <label xlink:type="resource" xlink:label="label2449" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateClaimAmount_en-US">Thus element represents the aggregate amounts of claim paid to date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2449" xlink:to="label2449" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateClaimAmount" xlink:label="element2450" />
        <label xlink:type="resource" xlink:label="label2450" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateClaimAmount_en-US">Aggregate Claim Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2450" xlink:to="label2450" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateClaimAmount" xlink:label="element2451" />
        <label xlink:type="resource" xlink:label="label2451" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateClaimAmount_en-US">Aggregate claim amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2451" xlink:to="label2451" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2452" />
        <label xlink:type="resource" xlink:label="label2452" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Increase Decrease In Accumulated Other Comprehensive Income Loss Balances Net Of Tax Effects</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2452" xlink:to="label2452" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2453" />
        <label xlink:type="resource" xlink:label="label2453" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Increase Decrease In Accumulated Other Comprehensive Income Loss Balances Net Of Tax Effects</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2453" xlink:to="label2453" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="element2454" />
        <label xlink:type="resource" xlink:label="label2454" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_en-US">Decrease accumulated other comprehensive income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2454" xlink:to="label2454" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2455" />
        <label xlink:type="resource" xlink:label="label2455" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase Decrease In Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2455" xlink:to="label2455" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2456" />
        <label xlink:type="resource" xlink:label="label2456" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase Decrease In Net Income Loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2456" xlink:to="label2456" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="element2457" />
        <label xlink:type="resource" xlink:label="label2457" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInNetIncomeLoss_en-US">Increase in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2457" xlink:to="label2457" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="element2458" />
        <label xlink:type="resource" xlink:label="label2458" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DerivativeAssetsOtherInvestmentsMember_en-US">Derivative Assets Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2458" xlink:to="label2458" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="element2459" />
        <label xlink:type="resource" xlink:label="label2459" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DerivativeAssetsOtherInvestmentsMember_en-US">Derivative Assets Other Investments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2459" xlink:to="label2459" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2460" />
        <label xlink:type="resource" xlink:label="label2460" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">Release From Tax Sharing Agreement Escrow Account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2460" xlink:to="label2460" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2461" />
        <label xlink:type="resource" xlink:label="label2461" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">This element represents the amount released from the escrow account related to the tax sharing agreement during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2461" xlink:to="label2461" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="element2462" />
        <label xlink:type="resource" xlink:label="label2462" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_en-US">Amount released from tax escrow account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2462" xlink:to="label2462" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="element2463" />
        <label xlink:type="resource" xlink:label="label2463" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfVariableInterestEntitiesDeconsolidated_en-US">Number of variable interest entities deconsolidated</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2463" xlink:to="label2463" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="element2464" />
        <label xlink:type="resource" xlink:label="label2464" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfVariableInterestEntitiesDeconsolidated_en-US">Represents the number of VIEs deconsolidated during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2464" xlink:to="label2464" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialIntermediaryMember" xlink:label="element2465" />
        <label xlink:type="resource" xlink:label="label2465" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialIntermediaryMember_en-US">Financial Intermediary [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2465" xlink:to="label2465" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialIntermediaryMember" xlink:label="element2466" />
        <label xlink:type="resource" xlink:label="label2466" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialIntermediaryMember_en-US">VIE that issues notes for the purpose of funding loans to the UK social housing sector.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2466" xlink:to="label2466" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="element2467" />
        <label xlink:type="resource" xlink:label="label2467" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AllOtherMember_en-US">All Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2467" xlink:to="label2467" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="element2468" />
        <label xlink:type="resource" xlink:label="label2468" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AllOtherMember_en-US">All other derivative instruments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2468" xlink:to="label2468" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2469" />
        <label xlink:type="resource" xlink:label="label2469" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Investments Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than Five Percent [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2469" xlink:to="label2469" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2470" />
        <label xlink:type="resource" xlink:label="label2470" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2470" xlink:to="label2470" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="element2471" />
        <label xlink:type="resource" xlink:label="label2471" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_en-US">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2471" xlink:to="label2471" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="element2472" />
        <label xlink:type="resource" xlink:label="label2472" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerpetualDebtAndEquitySecuritiesMember_en-US">Perpetual Debt And Equity Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2472" xlink:to="label2472" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="element2473" />
        <label xlink:type="resource" xlink:label="label2473" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerpetualDebtAndEquitySecuritiesMember_en-US">Investments in perpetual debt and other equity securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2473" xlink:to="label2473" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2474" />
        <label xlink:type="resource" xlink:label="label2474" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOtherLawsuits_en-US">Number Of Other Lawsuits</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2474" xlink:to="label2474" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2475" />
        <label xlink:type="resource" xlink:label="label2475" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOtherLawsuits_en-US">Other material lawsuits pending</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2475" xlink:to="label2475" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="element2476" />
        <label xlink:type="resource" xlink:label="label2476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOtherLawsuits_en-US">Other material lawsuits pending</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2476" xlink:to="label2476" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="element2477" />
        <label xlink:type="resource" xlink:label="label2477" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ChangeInAbstract_en-US">Change in: [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2477" xlink:to="label2477" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="element2478" />
        <label xlink:type="resource" xlink:label="label2478" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFairValueBelowBookValueMaximum_en-US">Percentage Of Fair Value Below Book Value Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2478" xlink:to="label2478" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="element2479" />
        <label xlink:type="resource" xlink:label="label2479" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFairValueBelowBookValueMaximum_en-US">Percentage Of Fair Value Below Book Value Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2479" xlink:to="label2479" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="element2480" />
        <label xlink:type="resource" xlink:label="label2480" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFairValueBelowBookValueMinimum_en-US">Percentage Of Fair Value Below Book Value Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2480" xlink:to="label2480" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="element2481" />
        <label xlink:type="resource" xlink:label="label2481" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFairValueBelowBookValueMinimum_en-US">Percentage Of Fair Value Below Book Value Minimum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2481" xlink:to="label2481" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="element2482" />
        <label xlink:type="resource" xlink:label="label2482" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_en-US">Fair Value Below Book Value By More Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2482" xlink:to="label2482" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="element2483" />
        <label xlink:type="resource" xlink:label="label2483" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_en-US">Fair Value Below Book Value By More Than Five Percent [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2483" xlink:to="label2483" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="element2484" />
        <label xlink:type="resource" xlink:label="label2484" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MBIACorpFinancingFacilityMember_en-US">MBIA Corp Financing Facility [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2484" xlink:to="label2484" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="element2485" />
        <label xlink:type="resource" xlink:label="label2485" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MBIACorpFinancingFacilityMember_en-US">MBIA Corp Financing Facility</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2485" xlink:to="label2485" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2486" />
        <label xlink:type="resource" xlink:label="label2486" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherAssetsVIEMember_en-US">Other Assets V I E [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2486" xlink:to="label2486" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2487" />
        <label xlink:type="resource" xlink:label="label2487" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherAssetsVIEMember_en-US">OtherAssets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2487" xlink:to="label2487" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsVIEMember" xlink:label="element2488" />
        <label xlink:type="resource" xlink:label="label2488" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherAssetsVIEMember_en-US">OtherAssets-VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2488" xlink:to="label2488" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="element2489" />
        <label xlink:type="resource" xlink:label="label2489" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WarrantTerm_en-US">Warrant Term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2489" xlink:to="label2489" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="element2490" />
        <label xlink:type="resource" xlink:label="label2490" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WarrantTerm_en-US">Term of warrant in years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2490" xlink:to="label2490" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="element2491" />
        <label xlink:type="resource" xlink:label="label2491" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WarrantTerm_en-US">Warrant term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2491" xlink:to="label2491" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2492" />
        <label xlink:type="resource" xlink:label="label2492" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SubsidiaryCollateralPercentage_en-US">Subsidiary Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2492" xlink:to="label2492" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2493" />
        <label xlink:type="resource" xlink:label="label2493" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SubsidiaryCollateralPercentage_en-US">This element represents the percentage of the Company's equity interest in a subsidiary that is pledged as collateral.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2493" xlink:to="label2493" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="element2494" />
        <label xlink:type="resource" xlink:label="label2494" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SubsidiaryCollateralPercentage_en-US">Equity interest collateral pledged percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2494" xlink:to="label2494" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2495" />
        <label xlink:type="resource" xlink:label="label2495" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinimumStatutoryCapitalRequirement_en-US">Minimum Statutory Capital Requirement</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2495" xlink:to="label2495" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2496" />
        <label xlink:type="resource" xlink:label="label2496" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinimumStatutoryCapitalRequirement_en-US">This element represents the minimum statutory requirement required under the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2496" xlink:to="label2496" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="element2497" />
        <label xlink:type="resource" xlink:label="label2497" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MinimumStatutoryCapitalRequirement_en-US">Minimum statutory capital required</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2497" xlink:to="label2497" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2498" />
        <label xlink:type="resource" xlink:label="label2498" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Secured Revolving Credit Agreement Term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2498" xlink:to="label2498" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2499" />
        <label xlink:type="resource" xlink:label="label2499" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Term of secured revolving credit agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2499" xlink:to="label2499" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="element2500" />
        <label xlink:type="resource" xlink:label="label2500" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuredRevolvingCreditAgreementTerm_en-US">Line of credit term</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2500" xlink:to="label2500" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2501" />
        <label xlink:type="resource" xlink:label="label2501" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisposalOfAssetsCollateralMaximum_en-US">Disposal Of Assets Collateral Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2501" xlink:to="label2501" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2502" />
        <label xlink:type="resource" xlink:label="label2502" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisposalOfAssetsCollateralMaximum_en-US">The maximum amount of assets that can be disposed without requiring repayment of the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2502" xlink:to="label2502" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="element2503" />
        <label xlink:type="resource" xlink:label="label2503" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisposalOfAssetsCollateralMaximum_en-US">Disposal of assets maximum collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2503" xlink:to="label2503" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="element2504" />
        <label xlink:type="resource" xlink:label="label2504" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncSeniorNotesMember_en-US">MBIA Inc Senior Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2504" xlink:to="label2504" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="element2505" />
        <label xlink:type="resource" xlink:label="label2505" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncSeniorNotesMember_en-US">MBIA Inc. senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2505" xlink:to="label2505" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="element2506" />
        <label xlink:type="resource" xlink:label="label2506" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpSurplusNotesMember_en-US">MBIA Corp Surplus Notes [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2506" xlink:to="label2506" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="element2507" />
        <label xlink:type="resource" xlink:label="label2507" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpSurplusNotesMember_en-US">MBIA Corp. surplus notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2507" xlink:to="label2507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InitialMember" xlink:label="element2508" />
        <label xlink:type="resource" xlink:label="label2508" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InitialMember_en-US">Initial [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2508" xlink:to="label2508" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InitialMember" xlink:label="element2509" />
        <label xlink:type="resource" xlink:label="label2509" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InitialMember_en-US">This member represents the initial outstanding principal amount of MBIA Corp. Financing Facility.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2509" xlink:to="label2509" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BaseRateLoansMember" xlink:label="element2510" />
        <label xlink:type="resource" xlink:label="label2510" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BaseRateLoansMember_en-US">Base Rate Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2510" xlink:to="label2510" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BaseRateLoansMember" xlink:label="element2511" />
        <label xlink:type="resource" xlink:label="label2511" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BaseRateLoansMember_en-US">This member represents the base variable rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2511" xlink:to="label2511" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApplicableMarginMember" xlink:label="element2512" />
        <label xlink:type="resource" xlink:label="label2512" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ApplicableMarginMember_en-US">Applicable Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2512" xlink:to="label2512" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApplicableMarginMember" xlink:label="element2513" />
        <label xlink:type="resource" xlink:label="label2513" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ApplicableMarginMember_en-US">This member represents the margin on thesecured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2513" xlink:to="label2513" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="element2514" />
        <label xlink:type="resource" xlink:label="label2514" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FederalFundsRateMarginMember_en-US">Federal Funds Rate Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2514" xlink:to="label2514" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="element2515" />
        <label xlink:type="resource" xlink:label="label2515" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FederalFundsRateMarginMember_en-US">This member represents the margin abouve the federal funds rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2515" xlink:to="label2515" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="element2516" />
        <label xlink:type="resource" xlink:label="label2516" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdjustedLiborRateMarginMember_en-US">Adjusted Libor Rate Margin [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2516" xlink:to="label2516" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="element2517" />
        <label xlink:type="resource" xlink:label="label2517" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdjustedLiborRateMarginMember_en-US">This member represents the margin above the adjusted LIBOR rate on the secured line of credit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2517" xlink:to="label2517" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="element2518" />
        <label xlink:type="resource" xlink:label="label2518" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_en-US">Loss And Loss Adjustment Expense Recoveries [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2518" xlink:to="label2518" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="element2519" />
        <label xlink:type="resource" xlink:label="label2519" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_en-US">Loss And Loss Adjustment Expense Recoveries [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2519" xlink:to="label2519" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="element2520" />
        <label xlink:type="resource" xlink:label="label2520" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_en-US">Loss And Loss Adjustment Expense Recoveries [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2520" xlink:to="label2520" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="element2521" />
        <label xlink:type="resource" xlink:label="label2521" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_en-US">Loss And Loss Adjustment Expense Recoveries [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2521" xlink:to="label2521" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2522" />
        <label xlink:type="resource" xlink:label="label2522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">Unrealized loss position &gt; 12 months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2522" xlink:to="label2522" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2523" />
        <label xlink:type="resource" xlink:label="label2523" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">This member represents securities that have been in an unrealized loss position for more than 12 months.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2523" xlink:to="label2523" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="element2524" />
        <label xlink:type="resource" xlink:label="label2524" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_en-US">Unrealized Loss Position Greater Than Twelve Months [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2524" xlink:to="label2524" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2525" />
        <label xlink:type="resource" xlink:label="label2525" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward of Premiums Receivable</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2525" xlink:to="label2525" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2526" />
        <label xlink:type="resource" xlink:label="label2526" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward of the financial guarantee premiums receivable.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2526" xlink:to="label2526" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="element2527" />
        <label xlink:type="resource" xlink:label="label2527" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RollforwardOfPremiumsReceivableTableTextBlock_en-US">Rollforward Of Premiums Receivable [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2527" xlink:to="label2527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2528" />
        <label xlink:type="resource" xlink:label="label2528" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Undiscounted Future Premiums By Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2528" xlink:to="label2528" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2529" />
        <label xlink:type="resource" xlink:label="label2529" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Amount to undiscounted future financial guarantee premiums to be collected by period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2529" xlink:to="label2529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="element2530" />
        <label xlink:type="resource" xlink:label="label2530" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_en-US">Undiscounted Future Premiums By Period [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2530" xlink:to="label2530" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2531" />
        <label xlink:type="resource" xlink:label="label2531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2531" xlink:to="label2531" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2532" />
        <label xlink:type="resource" xlink:label="label2532" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2532" xlink:to="label2532" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="element2533" />
        <label xlink:type="resource" xlink:label="label2533" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_en-US">Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2533" xlink:to="label2533" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2534" />
        <label xlink:type="resource" xlink:label="label2534" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Percent of par</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2534" xlink:to="label2534" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2535" />
        <label xlink:type="resource" xlink:label="label2535" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Debt instruments repurchased weighted average percent of par value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2535" xlink:to="label2535" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="element2536" />
        <label xlink:type="resource" xlink:label="label2536" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentRepurchasedPercentOfParValue_en-US">Debt Instrument Repurchased Percent Of Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2536" xlink:to="label2536" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="element2537" />
        <label xlink:type="resource" xlink:label="label2537" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GlobalFundingLimitedMember_en-US">Global Funding Limited business</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2537" xlink:to="label2537" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="element2538" />
        <label xlink:type="resource" xlink:label="label2538" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GlobalFundingLimitedMember_en-US">Global Funding Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2538" xlink:to="label2538" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2539" />
        <label xlink:type="resource" xlink:label="label2539" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_GeneralCorporatePurposesProceedsLimit_en-US">General corporate purposes limit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2539" xlink:to="label2539" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2540" />
        <label xlink:type="resource" xlink:label="label2540" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralCorporatePurposesProceedsLimit_en-US">The secured loan limit that can be used for general corporate purposes.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2540" xlink:to="label2540" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="element2541" />
        <label xlink:type="resource" xlink:label="label2541" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralCorporatePurposesProceedsLimit_en-US">General Corporate Purposes Proceeds Limit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2541" xlink:to="label2541" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2542" />
        <label xlink:type="resource" xlink:label="label2542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidityRequirementsPeriod_en-US">Liquidity requirements period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2542" xlink:to="label2542" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2543" />
        <label xlink:type="resource" xlink:label="label2543" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidityRequirementsPeriod_en-US">The period of projected ordinary course liquidity requirements that secured loan proceeds must be used for after meeting the general corporate purposes limit.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2543" xlink:to="label2543" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="element2544" />
        <label xlink:type="resource" xlink:label="label2544" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidityRequirementsPeriod_en-US">Liquidity Requirements Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2544" xlink:to="label2544" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2545" />
        <label xlink:type="resource" xlink:label="label2545" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PutbackRecoveriesCollateralPercentage_en-US">Putback recoveries collateral percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2545" xlink:to="label2545" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2546" />
        <label xlink:type="resource" xlink:label="label2546" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PutbackRecoveriesCollateralPercentage_en-US">The mandatory percentage of proceeds from put-back recoveries required to repay the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2546" xlink:to="label2546" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="element2547" />
        <label xlink:type="resource" xlink:label="label2547" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PutbackRecoveriesCollateralPercentage_en-US">Putback Recoveries Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2547" xlink:to="label2547" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2548" />
        <label xlink:type="resource" xlink:label="label2548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">Other prepayment collateral percentage after year one to year two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2548" xlink:to="label2548" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2549" />
        <label xlink:type="resource" xlink:label="label2549" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">The mandatory percentage of proceeds from other prepayment collateral required to repay the secured loan after year one to year two.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2549" xlink:to="label2549" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="element2550" />
        <label xlink:type="resource" xlink:label="label2550" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_en-US">Other Prepayment Collateral Percentage After Year One To Year Two</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2550" xlink:to="label2550" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2551" />
        <label xlink:type="resource" xlink:label="label2551" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">Other prepayment collateral percentage after year two to year three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2551" xlink:to="label2551" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2552" />
        <label xlink:type="resource" xlink:label="label2552" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">The mandatory percentage of proceeds from other prepayment collateral required to repay the secured loan after year two to year three.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2552" xlink:to="label2552" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="element2553" />
        <label xlink:type="resource" xlink:label="label2553" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_en-US">Other Prepayment Collateral Percentage After Year Two To Year Three</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2553" xlink:to="label2553" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2554" />
        <label xlink:type="resource" xlink:label="label2554" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisposalOfAssetsCollateralPercentage_en-US">Disposal of assets collateral percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2554" xlink:to="label2554" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2555" />
        <label xlink:type="resource" xlink:label="label2555" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisposalOfAssetsCollateralPercentage_en-US">The mandatory percentage of proceeds from disposals of assets required to repay the secured loan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2555" xlink:to="label2555" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="element2556" />
        <label xlink:type="resource" xlink:label="label2556" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisposalOfAssetsCollateralPercentage_en-US">Disposal Of Assets Collateral Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2556" xlink:to="label2556" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2557" />
        <label xlink:type="resource" xlink:label="label2557" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SecuredLineOfCreditCollateral_en-US">Secured line of credit collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2557" xlink:to="label2557" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2558" />
        <label xlink:type="resource" xlink:label="label2558" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SecuredLineOfCreditCollateral_en-US">The collateral required under terms of the line of credit agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2558" xlink:to="label2558" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="element2559" />
        <label xlink:type="resource" xlink:label="label2559" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SecuredLineOfCreditCollateral_en-US">Secured Line Of Credit Collateral</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2559" xlink:to="label2559" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2560" />
        <label xlink:type="resource" xlink:label="label2560" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsMaximumAmount_en-US">Remediation efforts maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2560" xlink:to="label2560" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2561" />
        <label xlink:type="resource" xlink:label="label2561" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsMaximumAmount_en-US">Maximum amount of remediation efforts with respect to insurance obligations and settlements of litigation that can be entered into without requiring consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2561" xlink:to="label2561" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="element2562" />
        <label xlink:type="resource" xlink:label="label2562" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsMaximumAmount_en-US">Remediation Efforts Maximum Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2562" xlink:to="label2562" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2563" />
        <label xlink:type="resource" xlink:label="label2563" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">Remediation efforts loans outstanding maximum amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2563" xlink:to="label2563" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2564" />
        <label xlink:type="resource" xlink:label="label2564" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">The maximum amount of secured loans outstanding with regard to remediation efforts without consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2564" xlink:to="label2564" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="element2565" />
        <label xlink:type="resource" xlink:label="label2565" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsLoansOutstandingMaximumAmount_en-US">Remediation Efforts Loans Outstanding Maximum Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2565" xlink:to="label2565" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2566" />
        <label xlink:type="resource" xlink:label="label2566" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">Remediation Efforts Statutory Capital Reduction Maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2566" xlink:to="label2566" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2567" />
        <label xlink:type="resource" xlink:label="label2567" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">Remediation efforts statutory capital reduction maximum</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2567" xlink:to="label2567" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="element2568" />
        <label xlink:type="resource" xlink:label="label2568" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_en-US">The maximum amount statutory capital can decline due to remediation efforts without consent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2568" xlink:to="label2568" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2569" />
        <label xlink:type="resource" xlink:label="label2569" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">Liquidity borrowings repayment period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2569" xlink:to="label2569" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2570" />
        <label xlink:type="resource" xlink:label="label2570" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">The period in which liquidity borrowings on the secured loan must be repaid if in fact the borrowings are not used for such purposes.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2570" xlink:to="label2570" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="element2571" />
        <label xlink:type="resource" xlink:label="label2571" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiquidityBorrowingsRepaymentPeriod_en-US">Liquidity Borrowings Repayment Period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2571" xlink:to="label2571" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2572" />
        <label xlink:type="resource" xlink:label="label2572" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceInForceTextBlock_en-US">The entire disclosure of Insurance In Force.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2572" xlink:to="label2572" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2573" />
        <label xlink:type="resource" xlink:label="label2573" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceInForceTextBlock_en-US">Insurance In Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2573" xlink:to="label2573" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="element2574" />
        <label xlink:type="resource" xlink:label="label2574" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceInForceTextBlock_en-US">Insurance In Force [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2574" xlink:to="label2574" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="element2575" />
        <label xlink:type="resource" xlink:label="label2575" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsAbstract_en-US">Insurance Regulations And Dividends [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2575" xlink:to="label2575" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2576" />
        <label xlink:type="resource" xlink:label="label2576" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">The entire disclosure of Insurance regulations and dividends.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2576" xlink:to="label2576" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2577" />
        <label xlink:type="resource" xlink:label="label2577" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">Insurance Regulations And Dividends</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2577" xlink:to="label2577" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="element2578" />
        <label xlink:type="resource" xlink:label="label2578" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsTextBlock_en-US">Insurance Regulations And Dividends [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2578" xlink:to="label2578" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2579" />
        <label xlink:type="resource" xlink:label="label2579" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxAssetWriteOff_en-US">Deferred tax asset write off.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2579" xlink:to="label2579" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2580" />
        <label xlink:type="resource" xlink:label="label2580" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxAssetWriteOff_en-US">Deferred Tax Asset Write Off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2580" xlink:to="label2580" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="element2581" />
        <label xlink:type="resource" xlink:label="label2581" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxAssetWriteOff_en-US">Deferred tax asset write off</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2581" xlink:to="label2581" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2582" />
        <label xlink:type="resource" xlink:label="label2582" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under stock options plan counted in long-term incentive plan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2582" xlink:to="label2582" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2583" />
        <label xlink:type="resource" xlink:label="label2583" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares Issued Under Stock Options Plan Counted In Long Term Incentive Plan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2583" xlink:to="label2583" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2584" />
        <label xlink:type="resource" xlink:label="label2584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under Omnibus Plan in connection with stock options, count</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2584" xlink:to="label2584" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2585" />
        <label xlink:type="resource" xlink:label="label2585" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under other than stock options plan counted in long-term incentive plan.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2585" xlink:to="label2585" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2586" />
        <label xlink:type="resource" xlink:label="label2586" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares Issued Under Other Than Stock Options Plan Counted In Long Term Incentive Plan</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2586" xlink:to="label2586" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="element2587" />
        <label xlink:type="resource" xlink:label="label2587" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_en-US">Shares issued under Omnibus Plan in connection with other than stock options, count</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2587" xlink:to="label2587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2588" />
        <label xlink:type="resource" xlink:label="label2588" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">Incentive Stock Options And Non-Qualified Stock Options Granted Price At Fair Value Of Common Stock, Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2588" xlink:to="label2588" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2589" />
        <label xlink:type="resource" xlink:label="label2589" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">Incentive Stock Options And Non Qualified Stock Options Granted Price At Fair Value Of Common Stock Percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2589" xlink:to="label2589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="element2590" />
        <label xlink:type="resource" xlink:label="label2590" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_en-US">ISO and NQSO granted price at fair value of common stock, percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2590" xlink:to="label2590" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OmnibusPlanMember" xlink:label="element2591" />
        <label xlink:type="resource" xlink:label="label2591" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OmnibusPlanMember_en-US">Omnibus Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2591" xlink:to="label2591" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OmnibusPlanMember" xlink:label="element2592" />
        <label xlink:type="resource" xlink:label="label2592" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OmnibusPlanMember_en-US">Omnibus Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2592" xlink:to="label2592" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RestrictedShareUnitMember" xlink:label="element2593" />
        <label xlink:type="resource" xlink:label="label2593" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RestrictedShareUnitMember_en-US">Restricted Share Unit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2593" xlink:to="label2593" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RestrictedShareUnitMember" xlink:label="element2594" />
        <label xlink:type="resource" xlink:label="label2594" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RestrictedShareUnitMember_en-US">Restricted Share Unit [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2594" xlink:to="label2594" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="element2595" />
        <label xlink:type="resource" xlink:label="label2595" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PerformanceBasedAwardsMember_en-US">Performance Based Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2595" xlink:to="label2595" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="element2596" />
        <label xlink:type="resource" xlink:label="label2596" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PerformanceBasedAwardsMember_en-US">Performance Based Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2596" xlink:to="label2596" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredCashAwardsMember" xlink:label="element2597" />
        <label xlink:type="resource" xlink:label="label2597" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredCashAwardsMember_en-US">Deferred Cash Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2597" xlink:to="label2597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredCashAwardsMember" xlink:label="element2598" />
        <label xlink:type="resource" xlink:label="label2598" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredCashAwardsMember_en-US">Deferred Cash Awards [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2598" xlink:to="label2598" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_KeyEmployeesMember" xlink:label="element2599" />
        <label xlink:type="resource" xlink:label="label2599" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_KeyEmployeesMember_en-US">Key Employees [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2599" xlink:to="label2599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_KeyEmployeesMember" xlink:label="element2600" />
        <label xlink:type="resource" xlink:label="label2600" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_KeyEmployeesMember_en-US">Key Employees [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2600" xlink:to="label2600" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AfterAmendmentMember" xlink:label="element2601" />
        <label xlink:type="resource" xlink:label="label2601" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AfterAmendmentMember_en-US">After May 1, 2012 Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2601" xlink:to="label2601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AfterAmendmentMember" xlink:label="element2602" />
        <label xlink:type="resource" xlink:label="label2602" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AfterAmendmentMember_en-US">After Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2602" xlink:to="label2602" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AfterAmendmentMember" xlink:label="element2603" />
        <label xlink:type="resource" xlink:label="label2603" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AfterAmendmentMember_en-US">After Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2603" xlink:to="label2603" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2604" />
        <label xlink:type="resource" xlink:label="label2604" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PriorToAmendmentMember_en-US">Prior To May 1, 2012 Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2604" xlink:to="label2604" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2605" />
        <label xlink:type="resource" xlink:label="label2605" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PriorToAmendmentMember_en-US">Prior To Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2605" xlink:to="label2605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PriorToAmendmentMember" xlink:label="element2606" />
        <label xlink:type="resource" xlink:label="label2606" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PriorToAmendmentMember_en-US">Prior To Amendment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2606" xlink:to="label2606" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2607" />
        <label xlink:type="resource" xlink:label="label2607" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Options Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2607" xlink:to="label2607" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2608" />
        <label xlink:type="resource" xlink:label="label2608" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Restricted Share Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2608" xlink:to="label2608" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2609" />
        <label xlink:type="resource" xlink:label="label2609" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Restricted Share Awards Granted By Title Of Individual Axis.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2609" xlink:to="label2609" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="element2610" />
        <label xlink:type="resource" xlink:label="label2610" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_en-US">Number Of Options Or Restricted Share Awards Granted By Title Of Individual [Axis]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2610" xlink:to="label2610" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherOneMember" xlink:label="element2611" />
        <label xlink:type="resource" xlink:label="label2611" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherOneMember_en-US">Other [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2611" xlink:to="label2611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherOneMember" xlink:label="element2612" />
        <label xlink:type="resource" xlink:label="label2612" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherOneMember_en-US">Other One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2612" xlink:to="label2612" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherOneMember" xlink:label="element2613" />
        <label xlink:type="resource" xlink:label="label2613" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherOneMember_en-US">Other One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2613" xlink:to="label2613" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2614" />
        <label xlink:type="resource" xlink:label="label2614" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Schedule of number of restricted shares awards granted [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2614" xlink:to="label2614" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2615" />
        <label xlink:type="resource" xlink:label="label2615" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Schedule Of Number Of Restricted Shares Awards Granted [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2615" xlink:to="label2615" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="element2616" />
        <label xlink:type="resource" xlink:label="label2616" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_en-US">Number Of Restricted Share Awards Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2616" xlink:to="label2616" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2617" />
        <label xlink:type="resource" xlink:label="label2617" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Schedule of number of options granted [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2617" xlink:to="label2617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2618" />
        <label xlink:type="resource" xlink:label="label2618" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Schedule Of Number Of Options Granted [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2618" xlink:to="label2618" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="element2619" />
        <label xlink:type="resource" xlink:label="label2619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_en-US">Number Of Options Granted</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2619" xlink:to="label2619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2620" />
        <label xlink:type="resource" xlink:label="label2620" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Expected principal payments due under investment agreements [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2620" xlink:to="label2620" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2621" />
        <label xlink:type="resource" xlink:label="label2621" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Expected Principal Payments Due UnderInvestment Agreements [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2621" xlink:to="label2621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="element2622" />
        <label xlink:type="resource" xlink:label="label2622" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_en-US">Principal payments due under investment agreement obligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2622" xlink:to="label2622" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2623" />
        <label xlink:type="resource" xlink:label="label2623" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Schedule of principal payments due under medium-term note obligations based on contractual maturity [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2623" xlink:to="label2623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2624" />
        <label xlink:type="resource" xlink:label="label2624" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Schedule Of Principal Payments Due Under Medium Term Note Obligations Based On Contractual Maturity [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2624" xlink:to="label2624" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="element2625" />
        <label xlink:type="resource" xlink:label="label2625" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_en-US">Principal payments due under medium-term note obligations based on contractual maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2625" xlink:to="label2625" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2626" />
        <label xlink:type="resource" xlink:label="label2626" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Schedule of maturity of variable interest entities notes, by segment [Table Text Block].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2626" xlink:to="label2626" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2627" />
        <label xlink:type="resource" xlink:label="label2627" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Schedule Of Maturity Of Variable Interest Entities Notes By Segment [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2627" xlink:to="label2627" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="element2628" />
        <label xlink:type="resource" xlink:label="label2628" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_en-US">Maturity of VIE notes, by segment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2628" xlink:to="label2628" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2629" />
        <label xlink:type="resource" xlink:label="label2629" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Long-term debt before surplus notes, noncurrent.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2629" xlink:to="label2629" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2630" />
        <label xlink:type="resource" xlink:label="label2630" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Long Term Debt Before Surplus Notes Noncurrent</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2630" xlink:to="label2630" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="element2631" />
        <label xlink:type="resource" xlink:label="label2631" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_en-US">Subtotal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2631" xlink:to="label2631" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2632" />
        <label xlink:type="resource" xlink:label="label2632" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentMaturityYear_en-US">Debt instrument maturity year.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2632" xlink:to="label2632" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2633" />
        <label xlink:type="resource" xlink:label="label2633" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentMaturityYear_en-US">Debt Instrument Maturity Year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2633" xlink:to="label2633" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2634" />
        <label xlink:type="resource" xlink:label="label2634" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentMaturityYear_en-US">Long-term debt, maturity year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2634" xlink:to="label2634" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="element2635" />
        <label xlink:type="resource" xlink:label="label2635" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xml:lang="en-US" id="verbose_mbi_DebtInstrumentMaturityYear_en-US">Latest maturity year</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2635" xlink:to="label2635" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2636" />
        <label xlink:type="resource" xlink:label="label2636" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Debt instrument, call date for first fifth anniversary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2636" xlink:to="label2636" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2637" />
        <label xlink:type="resource" xlink:label="label2637" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Debt Instrument Call Date For First Fifth Anniversary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2637" xlink:to="label2637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="element2638" />
        <label xlink:type="resource" xlink:label="label2638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_en-US">Callable date for fifth anniversary of initial callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2638" xlink:to="label2638" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2639" />
        <label xlink:type="resource" xlink:label="label2639" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Debt instrument call date for second fifth anniversary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2639" xlink:to="label2639" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2640" />
        <label xlink:type="resource" xlink:label="label2640" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Debt Instrument Call Date For Second Fifth Anniversary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2640" xlink:to="label2640" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="element2641" />
        <label xlink:type="resource" xlink:label="label2641" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_en-US">Callable date for subsequent fifth anniversary of initial callable date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2641" xlink:to="label2641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2642" />
        <label xlink:type="resource" xlink:label="label2642" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">6.400% Senior Notes Due 2022 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2642" xlink:to="label2642" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2643" />
        <label xlink:type="resource" xlink:label="label2643" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">Six point four zero zero percentage senior notes due two thousand twenty two [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2643" xlink:to="label2643" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="element2644" />
        <label xlink:type="resource" xlink:label="label2644" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_en-US">Six Point Four Zero Zero Percentage Senior Notes Due Two Thousand Twenty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2644" xlink:to="label2644" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2645" />
        <label xlink:type="resource" xlink:label="label2645" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">7.000% Debentures Due 2025 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2645" xlink:to="label2645" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2646" />
        <label xlink:type="resource" xlink:label="label2646" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">Seven Point Zero Zero Zero Percentage Debentures Due Two Thousand Twenty Five [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2646" xlink:to="label2646" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="element2647" />
        <label xlink:type="resource" xlink:label="label2647" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_en-US">Seven Point Zero Zero Zero Percentage Debentures Due Two Thousand Twenty Five [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2647" xlink:to="label2647" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2648" />
        <label xlink:type="resource" xlink:label="label2648" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">7.150% Debentures Due 2027 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2648" xlink:to="label2648" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2649" />
        <label xlink:type="resource" xlink:label="label2649" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">Seven Point One Five Zero Percentage Debentures Due Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2649" xlink:to="label2649" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="element2650" />
        <label xlink:type="resource" xlink:label="label2650" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_en-US">Seven Point One Five Zero Percentage Debentures Due Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2650" xlink:to="label2650" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2651" />
        <label xlink:type="resource" xlink:label="label2651" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">6.625% Debentures Due 2028 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2651" xlink:to="label2651" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2652" />
        <label xlink:type="resource" xlink:label="label2652" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">Six Point Six Two Five Percentage Debentures Due Two Thousand Twenty Eight [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2652" xlink:to="label2652" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="element2653" />
        <label xlink:type="resource" xlink:label="label2653" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_en-US">Six Point Six Two Five Percentage Debentures DueTwoThousandTwenty Eight [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2653" xlink:to="label2653" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element2654" />
        <label xlink:type="resource" xlink:label="label2654" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">5.700% Senior Notes Due 2034 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2654" xlink:to="label2654" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element2655" />
        <label xlink:type="resource" xlink:label="label2655" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">Five point seven zero zero percentage senior notes due two thousand thirty four [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2655" xlink:to="label2655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="element2656" />
        <label xlink:type="resource" xlink:label="label2656" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_en-US">Five Point Seven Zero Zero Percentage Senior Notes Due Two Thousand Thirty Four [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2656" xlink:to="label2656" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element2657" />
        <label xlink:type="resource" xlink:label="label2657" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_en-US">Surplus Notes Due 2033 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2657" xlink:to="label2657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element2658" />
        <label xlink:type="resource" xlink:label="label2658" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_en-US">Fourteen percentage surplus notes due two thousand thirty three [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2658" xlink:to="label2658" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="element2659" />
        <label xlink:type="resource" xlink:label="label2659" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_en-US">Surplus Notes Due Two Thousand Thirty Three [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2659" xlink:to="label2659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NotesCallablePrice" xlink:label="element2660" />
        <label xlink:type="resource" xlink:label="label2660" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NotesCallablePrice_en-US">Callable, price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2660" xlink:to="label2660" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NotesCallablePrice" xlink:label="element2661" />
        <label xlink:type="resource" xlink:label="label2661" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NotesCallablePrice_en-US">Notes callable price.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2661" xlink:to="label2661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NotesCallablePrice" xlink:label="element2662" />
        <label xlink:type="resource" xlink:label="label2662" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NotesCallablePrice_en-US">Notes Callable Price</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2662" xlink:to="label2662" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element2663" />
        <label xlink:type="resource" xlink:label="label2663" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Less discount and other adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2663" xlink:to="label2663" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element2664" />
        <label xlink:type="resource" xlink:label="label2664" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Discounts Net Of Fair Value Adjustments And Accrued Interest</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2664" xlink:to="label2664" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element2665" />
        <label xlink:type="resource" xlink:label="label2665" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Discounts net of fair value adjustments and accrued interest.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2665" xlink:to="label2665" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="element2666" />
        <label xlink:type="resource" xlink:label="label2666" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_en-US">Less discount and other adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2666" xlink:to="label2666" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element2667" />
        <label xlink:type="resource" xlink:label="label2667" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DebtInstrumentFairValueAdjustment_en-US">Fair value adjustment.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2667" xlink:to="label2667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element2668" />
        <label xlink:type="resource" xlink:label="label2668" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DebtInstrumentFairValueAdjustment_en-US">Debt Instrument Fair Value Adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2668" xlink:to="label2668" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="element2669" />
        <label xlink:type="resource" xlink:label="label2669" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DebtInstrumentFairValueAdjustment_en-US">Fair value adjustments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2669" xlink:to="label2669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="element2670" />
        <label xlink:type="resource" xlink:label="label2670" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentAgreementObligationsMember_en-US">Investment agreement obligations [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2670" xlink:to="label2670" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="element2671" />
        <label xlink:type="resource" xlink:label="label2671" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentAgreementObligationsMember_en-US">Investment Agreement Obligations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2671" xlink:to="label2671" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="element2672" />
        <label xlink:type="resource" xlink:label="label2672" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VariableInterestEntityDebtMember_en-US">Variable Interest Entity Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2672" xlink:to="label2672" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="element2673" />
        <label xlink:type="resource" xlink:label="label2673" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VariableInterestEntityDebtMember_en-US">Variable Interest Entity Debt [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2673" xlink:to="label2673" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element2674" />
        <label xlink:type="resource" xlink:label="label2674" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Total available-for-sale, unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2674" xlink:to="label2674" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element2675" />
        <label xlink:type="resource" xlink:label="label2675" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Gross unrealized losses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2675" xlink:to="label2675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element2676" />
        <label xlink:type="resource" xlink:label="label2676" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2676" xlink:to="label2676" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="element2677" />
        <label xlink:type="resource" xlink:label="label2677" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_en-US">Available For Sale Securities Gross Unrealized Loss Accumulated In Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2677" xlink:to="label2677" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2678" />
        <label xlink:type="resource" xlink:label="label2678" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Inter-segment revenues</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2678" xlink:to="label2678" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2679" />
        <label xlink:type="resource" xlink:label="label2679" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Intersegment revenues in the consolidated group.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2679" xlink:to="label2679" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2680" />
        <label xlink:type="resource" xlink:label="label2680" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Revenue From Transactions With Other Operating Segments Of Same Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2680" xlink:to="label2680" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2681" />
        <label xlink:type="resource" xlink:label="label2681" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Inter-segment expenses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2681" xlink:to="label2681" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2682" />
        <label xlink:type="resource" xlink:label="label2682" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Intersegmentexpenses in the consolidated group.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2682" xlink:to="label2682" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="element2683" />
        <label xlink:type="resource" xlink:label="label2683" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_en-US">Expense From Transactions With Other Operating Segments Of Same Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2683" xlink:to="label2683" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element2684" />
        <label xlink:type="resource" xlink:label="label2684" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Tabular disclosure of insurance in force by geographic location of risk excluding transactions on behalf of investment management affiliates.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2684" xlink:to="label2684" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element2685" />
        <label xlink:type="resource" xlink:label="label2685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Insurance in force by geographic location</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2685" xlink:to="label2685" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="element2686" />
        <label xlink:type="resource" xlink:label="label2686" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_en-US">Schedule Of Insurance In Force By Geographic Location Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2686" xlink:to="label2686" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element2687" />
        <label xlink:type="resource" xlink:label="label2687" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Tabular disclosure of insurance in force by type of bond excluding transactions on behalf of investment management affiliates.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2687" xlink:to="label2687" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element2688" />
        <label xlink:type="resource" xlink:label="label2688" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Insurance in force by bond type</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2688" xlink:to="label2688" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="element2689" />
        <label xlink:type="resource" xlink:label="label2689" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_en-US">Schedule Of Insurance In Force By Bond Type Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2689" xlink:to="label2689" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element2690" />
        <label xlink:type="resource" xlink:label="label2690" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Tabular disclosure of reinsurance agreements for the US Public Finance and Structured Finance insurance operations.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2690" xlink:to="label2690" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element2691" />
        <label xlink:type="resource" xlink:label="label2691" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Reinsurance agreements for insurance operations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2691" xlink:to="label2691" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="element2692" />
        <label xlink:type="resource" xlink:label="label2692" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_en-US">Summary Of Reinsurance Agreements For Insurance Operations Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2692" xlink:to="label2692" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element2693" />
        <label xlink:type="resource" xlink:label="label2693" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Tabular disclosure of financial guaantee net premiums earned including premiums assumed from and ceded to other companies.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2693" xlink:to="label2693" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element2694" />
        <label xlink:type="resource" xlink:label="label2694" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Financial guarantee net premiums earned</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2694" xlink:to="label2694" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="element2695" />
        <label xlink:type="resource" xlink:label="label2695" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_en-US">Summary Of Financial Guarantee Net Premiums Earned Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2695" xlink:to="label2695" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AveragerateMember" xlink:label="element2696" />
        <label xlink:type="resource" xlink:label="label2696" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AveragerateMember_en-US">Average interest rate during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2696" xlink:to="label2696" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AveragerateMember" xlink:label="element2697" />
        <label xlink:type="resource" xlink:label="label2697" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AveragerateMember_en-US">Average Rate [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2697" xlink:to="label2697" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="element2698" />
        <label xlink:type="resource" xlink:label="label2698" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BlueRidgeMember_en-US">Blue Ridge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2698" xlink:to="label2698" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="element2699" />
        <label xlink:type="resource" xlink:label="label2699" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BlueRidgeMember_en-US">Blue Ridge [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2699" xlink:to="label2699" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element2700" />
        <label xlink:type="resource" xlink:label="label2700" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance In Force Expected Maturity Range Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2700" xlink:to="label2700" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element2701" />
        <label xlink:type="resource" xlink:label="label2701" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance in force, expected maturity range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2701" xlink:to="label2701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="element2702" />
        <label xlink:type="resource" xlink:label="label2702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceInForceExpectedMaturityRangeYears_en-US">Insurance in force, expected maturity range, years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2702" xlink:to="label2702" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element2703" />
        <label xlink:type="resource" xlink:label="label2703" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ThirdPartyReinsurance_en-US">Third party reinsurance available via novation agreement.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2703" xlink:to="label2703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element2704" />
        <label xlink:type="resource" xlink:label="label2704" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ThirdPartyReinsurance_en-US">Third Party Reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2704" xlink:to="label2704" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyReinsurance" xlink:label="element2705" />
        <label xlink:type="resource" xlink:label="label2705" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ThirdPartyReinsurance_en-US">Third party reinsurance</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2705" xlink:to="label2705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element2706" />
        <label xlink:type="resource" xlink:label="label2706" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount Of Insurance In Force For Fgic Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2706" xlink:to="label2706" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element2707" />
        <label xlink:type="resource" xlink:label="label2707" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount Of Insurance In Force For FGIC Policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2707" xlink:to="label2707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="element2708" />
        <label xlink:type="resource" xlink:label="label2708" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AmountOfInsuranceInForceForFgicPolicies_en-US">Amount of insurance in force for FGIC policies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2708" xlink:to="label2708" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element2709" />
        <label xlink:type="resource" xlink:label="label2709" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2709" xlink:to="label2709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element2710" />
        <label xlink:type="resource" xlink:label="label2710" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate amount of insured par outstanding ceded to reinsurers.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2710" xlink:to="label2710" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="element2711" />
        <label xlink:type="resource" xlink:label="label2711" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_en-US">Aggregate amount of insured par outstanding ceded to reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2711" xlink:to="label2711" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element2712" />
        <label xlink:type="resource" xlink:label="label2712" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions guaranteed on behalf of various affiliates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2712" xlink:to="label2712" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element2713" />
        <label xlink:type="resource" xlink:label="label2713" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions Guaranteed On Behalf Of Various Affiliates</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2713" xlink:to="label2713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="element2714" />
        <label xlink:type="resource" xlink:label="label2714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_en-US">Transactions guaranteed by MBIA on behalf of affiliated companies</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2714" xlink:to="label2714" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element2715" />
        <label xlink:type="resource" xlink:label="label2715" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future Guarantee Payments Maturity Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2715" xlink:to="label2715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element2716" />
        <label xlink:type="resource" xlink:label="label2716" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future Guarantee Payments Maturity Range</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2716" xlink:to="label2716" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="element2717" />
        <label xlink:type="resource" xlink:label="label2717" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FutureGuaranteePaymentsMaturityRange_en-US">Future guarantee payments, maturity range, (years)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2717" xlink:to="label2717" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" xlink:label="element2718" />
        <label xlink:type="resource" xlink:label="label2718" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_en-US">Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2718" xlink:to="label2718" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" xlink:label="element2719" />
        <label xlink:type="resource" xlink:label="label2719" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_en-US">Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2719" xlink:to="label2719" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" xlink:label="element2720" />
        <label xlink:type="resource" xlink:label="label2720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_en-US">Amount available under these letters of credit and trust arrangements</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2720" xlink:to="label2720" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element2721" />
        <label xlink:type="resource" xlink:label="label2721" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate Amount Of Insurance In Force Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2721" xlink:to="label2721" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element2722" />
        <label xlink:type="resource" xlink:label="label2722" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate Amount Insurance In Force Outstanding Ceded To Reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2722" xlink:to="label2722" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="element2723" />
        <label xlink:type="resource" xlink:label="label2723" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_en-US">Aggregate amount of insurance in force ceded to reinsurers</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2723" xlink:to="label2723" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="element2724" />
        <label xlink:type="resource" xlink:label="label2724" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GuaranteesOfDerivativeContractsMember_en-US">Guarantees Of Derivative Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2724" xlink:to="label2724" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="element2725" />
        <label xlink:type="resource" xlink:label="label2725" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GuaranteesOfDerivativeContractsMember_en-US">Guarantees Of Derivative Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2725" xlink:to="label2725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" xlink:label="element2726" />
        <label xlink:type="resource" xlink:label="label2726" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_en-US">Investment agreements, MTNs and other affiliated contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2726" xlink:to="label2726" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" xlink:label="element2727" />
        <label xlink:type="resource" xlink:label="label2727" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_en-US">Investment Agreements, MTNs and Other Affiliated Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2727" xlink:to="label2727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" xlink:label="element2728" />
        <label xlink:type="resource" xlink:label="label2728" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_en-US">Investment Agreements MTNs And Other Affiliated Contracts [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2728" xlink:to="label2728" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="element2729" />
        <label xlink:type="resource" xlink:label="label2729" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuarantyInsuranceCompanyMember_en-US">Financial Guaranty Insurance Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2729" xlink:to="label2729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="element2730" />
        <label xlink:type="resource" xlink:label="label2730" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuarantyInsuranceCompanyMember_en-US">Financial Guaranty Insurance Company [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2730" xlink:to="label2730" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="element2731" />
        <label xlink:type="resource" xlink:label="label2731" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SubTotalInsuranceInForceMember_en-US">Sub-Total Insurance In Force [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2731" xlink:to="label2731" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="element2732" />
        <label xlink:type="resource" xlink:label="label2732" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SubTotalInsuranceInForceMember_en-US">Sub-Total Insurance In Force [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2732" xlink:to="label2732" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationallyDiversifiedMember" xlink:label="element2733" />
        <label xlink:type="resource" xlink:label="label2733" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationallyDiversifiedMember_en-US">Nationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2733" xlink:to="label2733" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationallyDiversifiedMember" xlink:label="element2734" />
        <label xlink:type="resource" xlink:label="label2734" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationallyDiversifiedMember_en-US">Nationally Diversified [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2734" xlink:to="label2734" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherStatesMember" xlink:label="element2735" />
        <label xlink:type="resource" xlink:label="label2735" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherStatesMember_en-US">Other States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2735" xlink:to="label2735" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherStatesMember" xlink:label="element2736" />
        <label xlink:type="resource" xlink:label="label2736" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherStatesMember_en-US">Other States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2736" xlink:to="label2736" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CountrySpecificMember" xlink:label="element2737" />
        <label xlink:type="resource" xlink:label="label2737" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CountrySpecificMember_en-US">Country Specific [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2737" xlink:to="label2737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CountrySpecificMember" xlink:label="element2738" />
        <label xlink:type="resource" xlink:label="label2738" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CountrySpecificMember_en-US">Country Specific [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2738" xlink:to="label2738" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="element2739" />
        <label xlink:type="resource" xlink:label="label2739" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonUnitedStatesMember_en-US">Non-United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2739" xlink:to="label2739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="element2740" />
        <label xlink:type="resource" xlink:label="label2740" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonUnitedStatesMember_en-US">Non-United States [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2740" xlink:to="label2740" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationMember" xlink:label="element2741" />
        <label xlink:type="resource" xlink:label="label2741" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralObligationMember_en-US">General Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2741" xlink:to="label2741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationMember" xlink:label="element2742" />
        <label xlink:type="resource" xlink:label="label2742" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralObligationMember_en-US">General Obligation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2742" xlink:to="label2742" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="element2743" />
        <label xlink:type="resource" xlink:label="label2743" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GeneralObligationLeaseMember_en-US">General Obligation - Lease [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2743" xlink:to="label2743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="element2744" />
        <label xlink:type="resource" xlink:label="label2744" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GeneralObligationLeaseMember_en-US">General Obligation - Lease [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2744" xlink:to="label2744" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="element2745" />
        <label xlink:type="resource" xlink:label="label2745" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MunicipalUtilitiesMember_en-US">Municipal Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2745" xlink:to="label2745" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="element2746" />
        <label xlink:type="resource" xlink:label="label2746" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MunicipalUtilitiesMember_en-US">Municipal Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2746" xlink:to="label2746" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxBackedMember" xlink:label="element2747" />
        <label xlink:type="resource" xlink:label="label2747" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TaxBackedMember_en-US">Tax-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2747" xlink:to="label2747" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxBackedMember" xlink:label="element2748" />
        <label xlink:type="resource" xlink:label="label2748" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxBackedMember_en-US">Tax-Backed [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2748" xlink:to="label2748" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransportationMember" xlink:label="element2749" />
        <label xlink:type="resource" xlink:label="label2749" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TransportationMember_en-US">Transportation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2749" xlink:to="label2749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransportationMember" xlink:label="element2750" />
        <label xlink:type="resource" xlink:label="label2750" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TransportationMember_en-US">Transportation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2750" xlink:to="label2750" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HigherEducationMember" xlink:label="element2751" />
        <label xlink:type="resource" xlink:label="label2751" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HigherEducationMember_en-US">Higher Education [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2751" xlink:to="label2751" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HigherEducationMember" xlink:label="element2752" />
        <label xlink:type="resource" xlink:label="label2752" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HigherEducationMember_en-US">Higher Education [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2752" xlink:to="label2752" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HealthCareMember" xlink:label="element2753" />
        <label xlink:type="resource" xlink:label="label2753" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_HealthCareMember_en-US">Health Care [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2753" xlink:to="label2753" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HealthCareMember" xlink:label="element2754" />
        <label xlink:type="resource" xlink:label="label2754" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HealthCareMember_en-US">Health Care [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2754" xlink:to="label2754" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MilitaryHousingMember" xlink:label="element2755" />
        <label xlink:type="resource" xlink:label="label2755" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MilitaryHousingMember_en-US">Military Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2755" xlink:to="label2755" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MilitaryHousingMember" xlink:label="element2756" />
        <label xlink:type="resource" xlink:label="label2756" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MilitaryHousingMember_en-US">Military Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2756" xlink:to="label2756" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="element2757" />
        <label xlink:type="resource" xlink:label="label2757" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestorOwnedUtilitiesMember_en-US">Investor-Owned Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2757" xlink:to="label2757" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="element2758" />
        <label xlink:type="resource" xlink:label="label2758" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestorOwnedUtilitiesMember_en-US">Investor-Owned Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2758" xlink:to="label2758" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalHousingMember" xlink:label="element2759" />
        <label xlink:type="resource" xlink:label="label2759" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MunicipalHousingMember_en-US">Municipal Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2759" xlink:to="label2759" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalHousingMember" xlink:label="element2760" />
        <label xlink:type="resource" xlink:label="label2760" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MunicipalHousingMember_en-US">Municipal Housing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2760" xlink:to="label2760" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StudentLoansMember" xlink:label="element2761" />
        <label xlink:type="resource" xlink:label="label2761" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StudentLoansMember_en-US">Student Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2761" xlink:to="label2761" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StudentLoansMember" xlink:label="element2762" />
        <label xlink:type="resource" xlink:label="label2762" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StudentLoansMember_en-US">Student Loans [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2762" xlink:to="label2762" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPublicFinanceMember" xlink:label="element2763" />
        <label xlink:type="resource" xlink:label="label2763" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherPublicFinanceMember_en-US">Other Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2763" xlink:to="label2763" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPublicFinanceMember" xlink:label="element2764" />
        <label xlink:type="resource" xlink:label="label2764" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPublicFinanceMember_en-US">Other Public Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2764" xlink:to="label2764" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalUtilitiesMember" xlink:label="element2765" />
        <label xlink:type="resource" xlink:label="label2765" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternationalUtilitiesMember_en-US">International Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2765" xlink:to="label2765" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalUtilitiesMember" xlink:label="element2766" />
        <label xlink:type="resource" xlink:label="label2766" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternationalUtilitiesMember_en-US">International Utilities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2766" xlink:to="label2766" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="element2767" />
        <label xlink:type="resource" xlink:label="label2767" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SovereignRelatedAndSubSovereignMember_en-US">Sovereign Related And Sub-Sovereign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2767" xlink:to="label2767" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="element2768" />
        <label xlink:type="resource" xlink:label="label2768" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SovereignRelatedAndSubSovereignMember_en-US">Sovereign Related And Sub-Sovereign [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2768" xlink:to="label2768" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LocalGovernmentsMember" xlink:label="element2769" />
        <label xlink:type="resource" xlink:label="label2769" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LocalGovernmentsMember_en-US">Local Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2769" xlink:to="label2769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LocalGovernmentsMember" xlink:label="element2770" />
        <label xlink:type="resource" xlink:label="label2770" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LocalGovernmentsMember_en-US">Local Governments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2770" xlink:to="label2770" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="element2771" />
        <label xlink:type="resource" xlink:label="label2771" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssuredGuarantyCorpMember_en-US">Assured Guaranty Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2771" xlink:to="label2771" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="element2772" />
        <label xlink:type="resource" xlink:label="label2772" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssuredGuarantyCorpMember_en-US">Assured Guaranty Corp [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2772" xlink:to="label2772" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="element2773" />
        <label xlink:type="resource" xlink:label="label2773" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssuredGuarantyReLtdMember_en-US">Assured Guaranty Re Ltd [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2773" xlink:to="label2773" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="element2774" />
        <label xlink:type="resource" xlink:label="label2774" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssuredGuarantyReLtdMember_en-US">Assured Guaranty Re Ltd [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2774" xlink:to="label2774" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="element2775" />
        <label xlink:type="resource" xlink:label="label2775" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OverseasPrivateInvestmentCorporationMember_en-US">Overseas Private Investment Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2775" xlink:to="label2775" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="element2776" />
        <label xlink:type="resource" xlink:label="label2776" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OverseasPrivateInvestmentCorporationMember_en-US">Overseas Private Investment Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2776" xlink:to="label2776" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="element2777" />
        <label xlink:type="resource" xlink:label="label2777" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExportDevelopmentCanadaMember_en-US">Export Development Canada [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2777" xlink:to="label2777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="element2778" />
        <label xlink:type="resource" xlink:label="label2778" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExportDevelopmentCanadaMember_en-US">Export Development Canada [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2778" xlink:to="label2778" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherReinsurersMember" xlink:label="element2779" />
        <label xlink:type="resource" xlink:label="label2779" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherReinsurersMember_en-US">Other Reinsurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2779" xlink:to="label2779" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherReinsurersMember" xlink:label="element2780" />
        <label xlink:type="resource" xlink:label="label2780" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherReinsurersMember_en-US">Other Reinsurers [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2780" xlink:to="label2780" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherReinsurersMember" xlink:label="element2781" />
        <label xlink:type="resource" xlink:label="label2781" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherReinsurersMember_en-US">Others [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2781" xlink:to="label2781" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element2782" />
        <label xlink:type="resource" xlink:label="label2782" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross Premium Earned Financial Guarantee Insurance Contracts</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2782" xlink:to="label2782" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element2783" />
        <label xlink:type="resource" xlink:label="label2783" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross Premium Earned Financial Guarantee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2783" xlink:to="label2783" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="element2784" />
        <label xlink:type="resource" xlink:label="label2784" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_en-US">Gross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2784" xlink:to="label2784" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="element2785" />
        <label xlink:type="resource" xlink:label="label2785" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentInWhollyOwnedSubsidiaries_en-US">Sum of the parent company investments in wholly-owned subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2785" xlink:to="label2785" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="element2786" />
        <label xlink:type="resource" xlink:label="label2786" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentInWhollyOwnedSubsidiaries_en-US">Investment in wholly-owned subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2786" xlink:to="label2786" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element2787" />
        <label xlink:type="resource" xlink:label="label2787" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">The amortized cost of investments pledged as collateral.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2787" xlink:to="label2787" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element2788" />
        <label xlink:type="resource" xlink:label="label2788" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">Investments Pledged As Collateral Amortized Cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2788" xlink:to="label2788" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="element2789" />
        <label xlink:type="resource" xlink:label="label2789" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsPledgedAsCollateralAmortizedCost_en-US">Investments pledged as collateral, amortized cost</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2789" xlink:to="label2789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element2790" />
        <label xlink:type="resource" xlink:label="label2790" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2790" xlink:to="label2790" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element2791" />
        <label xlink:type="resource" xlink:label="label2791" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in net income (loss) of subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2791" xlink:to="label2791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element2792" />
        <label xlink:type="resource" xlink:label="label2792" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity In Net Income Loss Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2792" xlink:to="label2792" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="element2793" />
        <label xlink:type="resource" xlink:label="label2793" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_EquityInNetIncomeLossOfSubsidiaries_en-US">Equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2793" xlink:to="label2793" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element2794" />
        <label xlink:type="resource" xlink:label="label2794" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ContributionsToSubsidiaries_en-US">Contributions to subsidiaries, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2794" xlink:to="label2794" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element2795" />
        <label xlink:type="resource" xlink:label="label2795" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ContributionsToSubsidiaries_en-US">Contributions To Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2795" xlink:to="label2795" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="element2796" />
        <label xlink:type="resource" xlink:label="label2796" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ContributionsToSubsidiaries_en-US">Contributions to subsidiaries net of capital returned by subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2796" xlink:to="label2796" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element2797" />
        <label xlink:type="resource" xlink:label="label2797" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermAvailableForSaleMember_en-US">Long Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2797" xlink:to="label2797" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element2798" />
        <label xlink:type="resource" xlink:label="label2798" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermAvailableForSaleMember_en-US">Long Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2798" xlink:to="label2798" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="element2799" />
        <label xlink:type="resource" xlink:label="label2799" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LongTermAvailableForSaleMember_en-US">Long-Term Available-For-Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2799" xlink:to="label2799" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element2800" />
        <label xlink:type="resource" xlink:label="label2800" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ShortTermAvailableForSaleMember_en-US">Short Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2800" xlink:to="label2800" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element2801" />
        <label xlink:type="resource" xlink:label="label2801" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ShortTermAvailableForSaleMember_en-US">Short Term Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2801" xlink:to="label2801" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="element2802" />
        <label xlink:type="resource" xlink:label="label2802" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ShortTermAvailableForSaleMember_en-US">Short-Term Available-For-Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2802" xlink:to="label2802" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="element2803" />
        <label xlink:type="resource" xlink:label="label2803" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EquityAvailableForSaleMember_en-US">Equity Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2803" xlink:to="label2803" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="element2804" />
        <label xlink:type="resource" xlink:label="label2804" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EquityAvailableForSaleMember_en-US">Equity Available For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2804" xlink:to="label2804" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="element2805" />
        <label xlink:type="resource" xlink:label="label2805" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsAtFairValueMember_en-US">Investments At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2805" xlink:to="label2805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="element2806" />
        <label xlink:type="resource" xlink:label="label2806" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsAtFairValueMember_en-US">Investments At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2806" xlink:to="label2806" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element2807" />
        <label xlink:type="resource" xlink:label="label2807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Percentage of Amount Assumed to Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2807" xlink:to="label2807" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element2808" />
        <label xlink:type="resource" xlink:label="label2808" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2808" xlink:to="label2808" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="element2809" />
        <label xlink:type="resource" xlink:label="label2809" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_en-US">Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2809" xlink:to="label2809" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="element2810" />
        <label xlink:type="resource" xlink:label="label2810" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaCorpSecuredLoanMember_en-US">Mbia Corp Secured Loan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2810" xlink:to="label2810" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="element2811" />
        <label xlink:type="resource" xlink:label="label2811" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaCorpSecuredLoanMember_en-US">Mbia Corp Secured Loan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2811" xlink:to="label2811" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="element2812" />
        <label xlink:type="resource" xlink:label="label2812" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaIncNotPledgedAsCollateralMember_en-US">Mbia Inc Not Pledged As Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2812" xlink:to="label2812" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="element2813" />
        <label xlink:type="resource" xlink:label="label2813" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaIncNotPledgedAsCollateralMember_en-US">MBIA Inc Not Pledged as Collateral [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2813" xlink:to="label2813" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="element2814" />
        <label xlink:type="resource" xlink:label="label2814" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaServicesCorporationMember_en-US">MBIA Services Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2814" xlink:to="label2814" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="element2815" />
        <label xlink:type="resource" xlink:label="label2815" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaServicesCorporationMember_en-US">MBIA Services Corporation [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2815" xlink:to="label2815" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="element2816" />
        <label xlink:type="resource" xlink:label="label2816" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EuroAssetAcquisitionLimitedMember_en-US">Euro Asset Acquisition Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2816" xlink:to="label2816" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="element2817" />
        <label xlink:type="resource" xlink:label="label2817" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EuroAssetAcquisitionLimitedMember_en-US">Euro Asset Acquisition Limited [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2817" xlink:to="label2817" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="element2818" />
        <label xlink:type="resource" xlink:label="label2818" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsAbstract_en-US">Insurance Premiums [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2818" xlink:to="label2818" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" xlink:label="element2819" />
        <label xlink:type="resource" xlink:label="label2819" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_en-US">Five years ending, December 31, 2037 and thereafter, Expected Collection of Premiums</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2819" xlink:to="label2819" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" xlink:label="element2820" />
        <label xlink:type="resource" xlink:label="label2820" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Premium Expected To Be Collected During Sixteenth Year And Thereafter From Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2820" xlink:to="label2820" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" xlink:label="element2821" />
        <label xlink:type="resource" xlink:label="label2821" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_en-US">For financial guarantee insurance contracts, the aggregate amount of premium related to the premium receivable which is expected to be collected during the sixteenth year and thereafter following the statement of financial position reporting date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2821" xlink:to="label2821" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="element2822" />
        <label xlink:type="resource" xlink:label="label2822" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsurancePremiumsLineItems_en-US">Insurance Premiums Line Items</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2822" xlink:to="label2822" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="element2823" />
        <label xlink:type="resource" xlink:label="label2823" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsLineItems_en-US">Insurance Premiums [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2823" xlink:to="label2823" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element2824" />
        <label xlink:type="resource" xlink:label="label2824" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Five years ending, December 31, 2027, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2824" xlink:to="label2824" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element2825" />
        <label xlink:type="resource" xlink:label="label2825" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixth Through Tenth Year Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2825" xlink:to="label2825" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="element2826" />
        <label xlink:type="resource" xlink:label="label2826" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixth through tenth year following the statement of financial position reporting date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2826" xlink:to="label2826" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element2827" />
        <label xlink:type="resource" xlink:label="label2827" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Five years ending, December 31, 2032, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2827" xlink:to="label2827" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element2828" />
        <label xlink:type="resource" xlink:label="label2828" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Eleventh Through Fifteenth Year Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2828" xlink:to="label2828" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="element2829" />
        <label xlink:type="resource" xlink:label="label2829" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the eleventh through fifteenth year following the statement of financial position reporting date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2829" xlink:to="label2829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element2830" />
        <label xlink:type="resource" xlink:label="label2830" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Five years ending, December 31, 2037 and thereafter, Total Expected Future Premium Earnings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2830" xlink:to="label2830" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element2831" />
        <label xlink:type="resource" xlink:label="label2831" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Financial Guarantee Insurance Contracts Future Expected Premium Revenue To Be Recognized During Sixteenth Year And Thereafter Following Balance Sheet Date</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2831" xlink:to="label2831" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="element2832" />
        <label xlink:type="resource" xlink:label="label2832" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_en-US">Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixteenth year and thereafter following the statement of financial position reporting date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2832" xlink:to="label2832" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="element2833" />
        <label xlink:type="resource" xlink:label="label2833" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsurancePremiumsTableTable_en-US">Insurance Premiums [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2833" xlink:to="label2833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="element2834" />
        <label xlink:type="resource" xlink:label="label2834" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsurancePremiumsTableTable_en-US">Insurance Premiums [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2834" xlink:to="label2834" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="element2835" />
        <label xlink:type="resource" xlink:label="label2835" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnearnedPremiumRevenueMember_en-US">Unearned Premium Revenue [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2835" xlink:to="label2835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="element2836" />
        <label xlink:type="resource" xlink:label="label2836" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnearnedPremiumRevenueMember_en-US">Unearned Premium Revenue [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2836" xlink:to="label2836" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UpfrontMember" xlink:label="element2837" />
        <label xlink:type="resource" xlink:label="label2837" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UpfrontMember_en-US">Upfront [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2837" xlink:to="label2837" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UpfrontMember" xlink:label="element2838" />
        <label xlink:type="resource" xlink:label="label2838" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UpfrontMember_en-US">Upfront [Member].</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2838" xlink:to="label2838" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InstallmentsMember" xlink:label="element2839" />
        <label xlink:type="resource" xlink:label="label2839" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InstallmentsMember_en-US">Installments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2839" xlink:to="label2839" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InstallmentsMember" xlink:label="element2840" />
        <label xlink:type="resource" xlink:label="label2840" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InstallmentsMember_en-US">Installments [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2840" xlink:to="label2840" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccretionMember" xlink:label="element2841" />
        <label xlink:type="resource" xlink:label="label2841" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AccretionMember_en-US">Accretion [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2841" xlink:to="label2841" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccretionMember" xlink:label="element2842" />
        <label xlink:type="resource" xlink:label="label2842" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AccretionMember_en-US">Accretion [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2842" xlink:to="label2842" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="element2843" />
        <label xlink:type="resource" xlink:label="label2843" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsLineItems_en-US">Insurance Regulations And Dividends [Line Items]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2843" xlink:to="label2843" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="element2844" />
        <label xlink:type="resource" xlink:label="label2844" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsLineItems_en-US">Insurance Regulations And Dividends Line Items</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2844" xlink:to="label2844" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="element2845" />
        <label xlink:type="resource" xlink:label="label2845" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPolicyholdersSurplus_en-US">Percentage of policyholders' surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2845" xlink:to="label2845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="element2846" />
        <label xlink:type="resource" xlink:label="label2846" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPolicyholdersSurplus_en-US">Percentage Of Policyholders Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2846" xlink:to="label2846" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element2847" />
        <label xlink:type="resource" xlink:label="label2847" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeficitOfQualifyingAssets_en-US">Deficit of qualifying assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2847" xlink:to="label2847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element2848" />
        <label xlink:type="resource" xlink:label="label2848" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeficitOfQualifyingAssets_en-US">Deficit Of Qualifying Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2848" xlink:to="label2848" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="element2849" />
        <label xlink:type="resource" xlink:label="label2849" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeficitOfQualifyingAssets_en-US">Deficit Of Qualifying Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2849" xlink:to="label2849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element2850" />
        <label xlink:type="resource" xlink:label="label2850" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">Requested contingency reserve release to surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2850" xlink:to="label2850" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element2851" />
        <label xlink:type="resource" xlink:label="label2851" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">The amount of contingency reserve requested to be released to surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2851" xlink:to="label2851" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="element2852" />
        <label xlink:type="resource" xlink:label="label2852" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_RequestedContingencyReserveReleaseToSurplus_en-US">Requested Contingency Reserve Release To Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2852" xlink:to="label2852" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element2853" />
        <label xlink:type="resource" xlink:label="label2853" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage Of Adjusted Net Investment Income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2853" xlink:to="label2853" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element2854" />
        <label xlink:type="resource" xlink:label="label2854" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage of adjusted net investment income.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2854" xlink:to="label2854" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="element2855" />
        <label xlink:type="resource" xlink:label="label2855" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfAdjustedNetInvestmentIncome_en-US">Percentage of adjusted net investment income</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2855" xlink:to="label2855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DividendPayingCapacity" xlink:label="element2856" />
        <label xlink:type="resource" xlink:label="label2856" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DividendPayingCapacity_en-US">Dividend capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2856" xlink:to="label2856" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DividendPayingCapacity" xlink:label="element2857" />
        <label xlink:type="resource" xlink:label="label2857" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DividendPayingCapacity_en-US">Dividend Paying Capacity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2857" xlink:to="label2857" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DividendPayingCapacity" xlink:label="element2858" />
        <label xlink:type="resource" xlink:label="label2858" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DividendPayingCapacity_en-US">Dividend paying capacity.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2858" xlink:to="label2858" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element2859" />
        <label xlink:type="resource" xlink:label="label2859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Unassigned surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2859" xlink:to="label2859" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element2860" />
        <label xlink:type="resource" xlink:label="label2860" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Statutory Accounting Practices Unassigned Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2860" xlink:to="label2860" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element2861" />
        <label xlink:type="resource" xlink:label="label2861" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Statutory accounting practices, unassigned surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2861" xlink:to="label2861" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="element2862" />
        <label xlink:type="resource" xlink:label="label2862" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_StatutoryAccountingPracticesUnassignedSurplus_en-US">Unassigned surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2862" xlink:to="label2862" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element2863" />
        <label xlink:type="resource" xlink:label="label2863" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate risk limits exceeded</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2863" xlink:to="label2863" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element2864" />
        <label xlink:type="resource" xlink:label="label2864" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate Risk Limits Exceeded Under New York Insurance Law</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2864" xlink:to="label2864" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="element2865" />
        <label xlink:type="resource" xlink:label="label2865" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_en-US">Aggregate risk limits exceeded under New York Insurance Law (NYIL).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2865" xlink:to="label2865" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element2866" />
        <label xlink:type="resource" xlink:label="label2866" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Statutory net loss</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2866" xlink:to="label2866" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element2867" />
        <label xlink:type="resource" xlink:label="label2867" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Statutory Accounting Practices Statutory Net Loss Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2867" xlink:to="label2867" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="element2868" />
        <label xlink:type="resource" xlink:label="label2868" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_en-US">Amount of net loss for the period determined using accounting principles prescribed or permitted by insurance regulators.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2868" xlink:to="label2868" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element2869" />
        <label xlink:type="resource" xlink:label="label2869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2869" xlink:to="label2869" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element2870" />
        <label xlink:type="resource" xlink:label="label2870" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory Accounting Practices Capital</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2870" xlink:to="label2870" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="element2871" />
        <label xlink:type="resource" xlink:label="label2871" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesCapital_en-US">Statutory Accounting Practices defined as policyholders' surplus plus contingency reserves.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2871" xlink:to="label2871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element2872" />
        <label xlink:type="resource" xlink:label="label2872" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesSurplus_en-US">Policyholders' surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2872" xlink:to="label2872" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element2873" />
        <label xlink:type="resource" xlink:label="label2873" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesSurplus_en-US">Statutory Accounting Practices Surplus</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2873" xlink:to="label2873" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="element2874" />
        <label xlink:type="resource" xlink:label="label2874" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesSurplus_en-US">Statutory accounting practices, surplus.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2874" xlink:to="label2874" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element2875" />
        <label xlink:type="resource" xlink:label="label2875" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Contingency reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2875" xlink:to="label2875" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element2876" />
        <label xlink:type="resource" xlink:label="label2876" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Statutory Accounting Practices Contingency Reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2876" xlink:to="label2876" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="element2877" />
        <label xlink:type="resource" xlink:label="label2877" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutoryAccountingPracticesContingencyReserves_en-US">Statutory accounting practices, contingency reserves.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2877" xlink:to="label2877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="element2878" />
        <label xlink:type="resource" xlink:label="label2878" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceRegulationsAndDividendsTable_en-US">Insurance Regulations And Dividends [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2878" xlink:to="label2878" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="element2879" />
        <label xlink:type="resource" xlink:label="label2879" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceRegulationsAndDividendsTable_en-US">Insurance Regulations And Dividends [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2879" xlink:to="label2879" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OptionTwoMember" xlink:label="element2880" />
        <label xlink:type="resource" xlink:label="label2880" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OptionTwoMember_en-US">Option Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2880" xlink:to="label2880" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OptionTwoMember" xlink:label="element2881" />
        <label xlink:type="resource" xlink:label="label2881" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OptionTwoMember_en-US">Option Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2881" xlink:to="label2881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element2882" />
        <label xlink:type="resource" xlink:label="label2882" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Vested after two years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2882" xlink:to="label2882" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element2883" />
        <label xlink:type="resource" xlink:label="label2883" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Percentage Of Pension Benefits Vested Due After Two Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2883" xlink:to="label2883" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="element2884" />
        <label xlink:type="resource" xlink:label="label2884" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_en-US">Percentage of pension benefits vested due after two years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2884" xlink:to="label2884" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element2885" />
        <label xlink:type="resource" xlink:label="label2885" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Vested after three years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2885" xlink:to="label2885" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element2886" />
        <label xlink:type="resource" xlink:label="label2886" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Percentage Of Pension Benefits Vested Due After Three Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2886" xlink:to="label2886" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="element2887" />
        <label xlink:type="resource" xlink:label="label2887" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_en-US">Percentage of pension benefits vested due after three years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2887" xlink:to="label2887" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element2888" />
        <label xlink:type="resource" xlink:label="label2888" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Vested after four years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2888" xlink:to="label2888" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element2889" />
        <label xlink:type="resource" xlink:label="label2889" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Percentage Of Pension Benefits Vested Due After Four Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2889" xlink:to="label2889" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="element2890" />
        <label xlink:type="resource" xlink:label="label2890" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_en-US">Percentage of pension benefits vested due after four years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2890" xlink:to="label2890" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element2891" />
        <label xlink:type="resource" xlink:label="label2891" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Vested after five years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2891" xlink:to="label2891" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element2892" />
        <label xlink:type="resource" xlink:label="label2892" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Percentage Of Pension Benefits Vested Due After Five Years</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2892" xlink:to="label2892" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="element2893" />
        <label xlink:type="resource" xlink:label="label2893" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_en-US">Percentage of pension benefits vested due after five years.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2893" xlink:to="label2893" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element2894" />
        <label xlink:type="resource" xlink:label="label2894" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QualifiedProfitSharingMember_en-US">Qualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2894" xlink:to="label2894" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element2895" />
        <label xlink:type="resource" xlink:label="label2895" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QualifiedProfitSharingMember_en-US">Qualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2895" xlink:to="label2895" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="element2896" />
        <label xlink:type="resource" xlink:label="label2896" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QualifiedProfitSharingMember_en-US">Qualified profit-sharing/401(k) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2896" xlink:to="label2896" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element2897" />
        <label xlink:type="resource" xlink:label="label2897" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfVotingInterestsOfCompany_en-US">Percentage Of Voting Interests Of Company</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2897" xlink:to="label2897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element2898" />
        <label xlink:type="resource" xlink:label="label2898" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfVotingInterestsOfCompany_en-US">Percentage of ownership of the Company defined as principal owners.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2898" xlink:to="label2898" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="element2899" />
        <label xlink:type="resource" xlink:label="label2899" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfVotingInterestsOfCompany_en-US">Principal ownership percentage</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2899" xlink:to="label2899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element2900" />
        <label xlink:type="resource" xlink:label="label2900" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfSuretyBonds_en-US">Number Of Surety Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2900" xlink:to="label2900" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element2901" />
        <label xlink:type="resource" xlink:label="label2901" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfSuretyBonds_en-US">Number of surety bonds executed to guarantee the payment obligations of the members of the Municipal Bond Insurance Association.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2901" xlink:to="label2901" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfSuretyBonds" xlink:label="element2902" />
        <label xlink:type="resource" xlink:label="label2902" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfSuretyBonds_en-US">Number of executed surety bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2902" xlink:to="label2902" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element2903" />
        <label xlink:type="resource" xlink:label="label2903" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OutstandingExposureOnSuretyBonds_en-US">Outstanding Exposure On Surety Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2903" xlink:to="label2903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element2904" />
        <label xlink:type="resource" xlink:label="label2904" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OutstandingExposureOnSuretyBonds_en-US">Maximum amount the Company would be required to pay on the surety bonds.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2904" xlink:to="label2904" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="element2905" />
        <label xlink:type="resource" xlink:label="label2905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OutstandingExposureOnSuretyBonds_en-US">Surety bonds maximum exposure</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2905" xlink:to="label2905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element2906" />
        <label xlink:type="resource" xlink:label="label2906" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Loans To Executive Officers Or Directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2906" xlink:to="label2906" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element2907" />
        <label xlink:type="resource" xlink:label="label2907" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Number of loans made to executive officers or directors of teh Company.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2907" xlink:to="label2907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="element2908" />
        <label xlink:type="resource" xlink:label="label2908" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LoansToExecutiveOfficersOrDirectors_en-US">Number of loans to executive officers or directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2908" xlink:to="label2908" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element2909" />
        <label xlink:type="resource" xlink:label="label2909" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfCreditSupportAnnexes_en-US">Number Of Credit Support Annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2909" xlink:to="label2909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element2910" />
        <label xlink:type="resource" xlink:label="label2910" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfCreditSupportAnnexes_en-US">Number of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2910" xlink:to="label2910" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="element2911" />
        <label xlink:type="resource" xlink:label="label2911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfCreditSupportAnnexes_en-US">Number of credit support annexes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2911" xlink:to="label2911" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element2912" />
        <label xlink:type="resource" xlink:label="label2912" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Other-than-temporary impairments and unrealized gains (losses) arising during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2912" xlink:to="label2912" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element2913" />
        <label xlink:type="resource" xlink:label="label2913" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2913" xlink:to="label2913" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="element2914" />
        <label xlink:type="resource" xlink:label="label2914" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2914" xlink:to="label2914" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element2915" />
        <label xlink:type="resource" xlink:label="label2915" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2915" xlink:to="label2915" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element2916" />
        <label xlink:type="resource" xlink:label="label2916" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2916" xlink:to="label2916" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="element2917" />
        <label xlink:type="resource" xlink:label="label2917" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2917" xlink:to="label2917" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element2918" />
        <label xlink:type="resource" xlink:label="label2918" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2918" xlink:to="label2918" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element2919" />
        <label xlink:type="resource" xlink:label="label2919" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2919" xlink:to="label2919" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element2920" />
        <label xlink:type="resource" xlink:label="label2920" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2920" xlink:to="label2920" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="element2921" />
        <label xlink:type="resource" xlink:label="label2921" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_en-US">Other Comprehensive Income Unrealized Holding Gain Loss Arising During Period On Securities With Other Than Temporary Impairment Losses After Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2921" xlink:to="label2921" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element2922" />
        <label xlink:type="resource" xlink:label="label2922" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Reclassification adjustments for (gains) losses included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2922" xlink:to="label2922" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element2923" />
        <label xlink:type="resource" xlink:label="label2923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Reclassification adjustments for gains (losses) included in net income (loss)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2923" xlink:to="label2923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element2924" />
        <label xlink:type="resource" xlink:label="label2924" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2924" xlink:to="label2924" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="element2925" />
        <label xlink:type="resource" xlink:label="label2925" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Before Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2925" xlink:to="label2925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element2926" />
        <label xlink:type="resource" xlink:label="label2926" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2926" xlink:to="label2926" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element2927" />
        <label xlink:type="resource" xlink:label="label2927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Provision (benefit) for income taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2927" xlink:to="label2927" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element2928" />
        <label xlink:type="resource" xlink:label="label2928" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2928" xlink:to="label2928" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="element2929" />
        <label xlink:type="resource" xlink:label="label2929" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2929" xlink:to="label2929" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element2930" />
        <label xlink:type="resource" xlink:label="label2930" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2930" xlink:to="label2930" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element2931" />
        <label xlink:type="resource" xlink:label="label2931" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xml:lang="en-US" id="NegatedTotal_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2931" xlink:to="label2931" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element2932" />
        <label xlink:type="resource" xlink:label="label2932" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Total</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2932" xlink:to="label2932" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element2933" />
        <label xlink:type="resource" xlink:label="label2933" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2933" xlink:to="label2933" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="element2934" />
        <label xlink:type="resource" xlink:label="label2934" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_en-US">Other Comprehensive Income Loss Reclassification Adjustment From AOCI For Sale And For Writedown Of Securities Net Of Tax</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2934" xlink:to="label2934" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExcessSpreadMember" xlink:label="element2935" />
        <label xlink:type="resource" xlink:label="label2935" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ExcessSpreadMember_en-US">Excess Spread [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2935" xlink:to="label2935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExcessSpreadMember" xlink:label="element2936" />
        <label xlink:type="resource" xlink:label="label2936" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ExcessSpreadMember_en-US">Excess Spread [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2936" xlink:to="label2936" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element2937" />
        <label xlink:type="resource" xlink:label="label2937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2937" xlink:to="label2937" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element2938" />
        <label xlink:type="resource" xlink:label="label2938" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Changes in the timing and amount of net payments on financial guarantee contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2938" xlink:to="label2938" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="element2939" />
        <label xlink:type="resource" xlink:label="label2939" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_en-US">Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2939" xlink:to="label2939" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element2940" />
        <label xlink:type="resource" xlink:label="label2940" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2940" xlink:to="label2940" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element2941" />
        <label xlink:type="resource" xlink:label="label2941" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Changes in the timing and amount of net collections on financial guarantee contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2941" xlink:to="label2941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="element2942" />
        <label xlink:type="resource" xlink:label="label2942" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_en-US">Other</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2942" xlink:to="label2942" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VieInterestNet" xlink:label="element2943" />
        <label xlink:type="resource" xlink:label="label2943" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_VieInterestNet_en-US">Vie Interest Net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2943" xlink:to="label2943" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VieInterestNet" xlink:label="element2944" />
        <label xlink:type="resource" xlink:label="label2944" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_VieInterestNet_en-US">Net interest received (paid) on consolidated variable interest entities whose assets and liabilities are not carried at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2944" xlink:to="label2944" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VieInterestNet" xlink:label="element2945" />
        <label xlink:type="resource" xlink:label="label2945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_VieInterestNet_en-US">Interest on variable interest entities, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2945" xlink:to="label2945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element2946" />
        <label xlink:type="resource" xlink:label="label2946" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">Line Of Credit Facility Interest And Commitment Fee Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2946" xlink:to="label2946" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element2947" />
        <label xlink:type="resource" xlink:label="label2947" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">Line of credit interest and commitment fee</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2947" xlink:to="label2947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="element2948" />
        <label xlink:type="resource" xlink:label="label2948" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_en-US">The amount of interest and commitment fee incurred for the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2948" xlink:to="label2948" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="element2949" />
        <label xlink:type="resource" xlink:label="label2949" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WarburgPincusMember_en-US">Warburg Pincus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2949" xlink:to="label2949" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="element2950" />
        <label xlink:type="resource" xlink:label="label2950" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WarburgPincusMember_en-US">Warburg Pincus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2950" xlink:to="label2950" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalHoldingsMember" xlink:label="element2951" />
        <label xlink:type="resource" xlink:label="label2951" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalHoldingsMember_en-US">National Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2951" xlink:to="label2951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalHoldingsMember" xlink:label="element2952" />
        <label xlink:type="resource" xlink:label="label2952" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalHoldingsMember_en-US">National Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2952" xlink:to="label2952" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element2953" />
        <label xlink:type="resource" xlink:label="label2953" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total estimated insurance recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2953" xlink:to="label2953" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element2954" />
        <label xlink:type="resource" xlink:label="label2954" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2954" xlink:to="label2954" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="element2955" />
        <label xlink:type="resource" xlink:label="label2955" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TotalEstimatedInsuranceRecoveries_en-US">Total Estimated Insurance Recoveries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2955" xlink:to="label2955" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element2956" />
        <label xlink:type="resource" xlink:label="label2956" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Percentage of face value of repurchased preferred stock.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2956" xlink:to="label2956" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element2957" />
        <label xlink:type="resource" xlink:label="label2957" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Percentage Of Face Value Of Repurchased Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2957" xlink:to="label2957" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="element2958" />
        <label xlink:type="resource" xlink:label="label2958" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_en-US">Face value of repurchased preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2958" xlink:to="label2958" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element2959" />
        <label xlink:type="resource" xlink:label="label2959" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Non payment of dividends on preferred stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2959" xlink:to="label2959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element2960" />
        <label xlink:type="resource" xlink:label="label2960" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Non Payment Of Dividends On Preferred Stock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2960" xlink:to="label2960" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="element2961" />
        <label xlink:type="resource" xlink:label="label2961" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonPaymentOfDividendsOnPreferredStock_en-US">Period of non payment of dividends on preferred stock, months</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2961" xlink:to="label2961" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfDirectors" xlink:label="element2962" />
        <label xlink:type="resource" xlink:label="label2962" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfDirectors_en-US">Number of directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2962" xlink:to="label2962" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfDirectors" xlink:label="element2963" />
        <label xlink:type="resource" xlink:label="label2963" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfDirectors_en-US">Number Of Directors</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2963" xlink:to="label2963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfDirectors" xlink:label="element2964" />
        <label xlink:type="resource" xlink:label="label2964" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfDirectors_en-US">Number of new directors elected</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2964" xlink:to="label2964" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="element2965" />
        <label xlink:type="resource" xlink:label="label2965" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CommonAndPreferredStockTable_en-US">Common And Preferred Stock [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2965" xlink:to="label2965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="element2966" />
        <label xlink:type="resource" xlink:label="label2966" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommonAndPreferredStockTable_en-US">Common And Preferred Stock [Table]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2966" xlink:to="label2966" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="element2967" />
        <label xlink:type="resource" xlink:label="label2967" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LongTermIncentivePlanMember_en-US">Long Term Incentive Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2967" xlink:to="label2967" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="element2968" />
        <label xlink:type="resource" xlink:label="label2968" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LongTermIncentivePlanMember_en-US">Long-Term Incentive Plan [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2968" xlink:to="label2968" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBWarrantsMember" xlink:label="element2969" />
        <label xlink:type="resource" xlink:label="label2969" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassBWarrantsMember_en-US">Class B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2969" xlink:to="label2969" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBWarrantsMember" xlink:label="element2970" />
        <label xlink:type="resource" xlink:label="label2970" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassBWarrantsMember_en-US">Class B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2970" xlink:to="label2970" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBWarrantsMember" xlink:label="element2971" />
        <label xlink:type="resource" xlink:label="label2971" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassBWarrantsMember_en-US">B Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2971" xlink:to="label2971" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element2972" />
        <label xlink:type="resource" xlink:label="label2972" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ClassBTwoWarrantsMember_en-US">Class B Two Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2972" xlink:to="label2972" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element2973" />
        <label xlink:type="resource" xlink:label="label2973" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ClassBTwoWarrantsMember_en-US">Class B Two Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2973" xlink:to="label2973" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="element2974" />
        <label xlink:type="resource" xlink:label="label2974" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ClassBTwoWarrantsMember_en-US">B2 Warrants [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2974" xlink:to="label2974" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="element2975" />
        <label xlink:type="resource" xlink:label="label2975" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_UnaffiliatedInvestorsMember_en-US">Unaffiliated Investors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2975" xlink:to="label2975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="element2976" />
        <label xlink:type="resource" xlink:label="label2976" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UnaffiliatedInvestorsMember_en-US">Unaffiliated Investors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2976" xlink:to="label2976" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element2977" />
        <label xlink:type="resource" xlink:label="label2977" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">2007 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2977" xlink:to="label2977" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element2978" />
        <label xlink:type="resource" xlink:label="label2978" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">Two Thousand And Seven Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2978" xlink:to="label2978" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="element2979" />
        <label xlink:type="resource" xlink:label="label2979" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_en-US">Two Thousand And Seven Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2979" xlink:to="label2979" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceCorporationMember" xlink:label="element2980" />
        <label xlink:type="resource" xlink:label="label2980" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuranceCorporationMember_en-US">Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2980" xlink:to="label2980" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceCorporationMember" xlink:label="element2981" />
        <label xlink:type="resource" xlink:label="label2981" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuranceCorporationMember_en-US">MBIA Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2981" xlink:to="label2981" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceCorporationMember" xlink:label="element2982" />
        <label xlink:type="resource" xlink:label="label2982" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuranceCorporationMember_en-US">Insurance Corporation [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2982" xlink:to="label2982" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element2983" />
        <label xlink:type="resource" xlink:label="label2983" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events by financial guarantor that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2983" xlink:to="label2983" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element2984" />
        <label xlink:type="resource" xlink:label="label2984" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">Loss and loss adjustment expense reserves</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2984" xlink:to="label2984" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="element2985" />
        <label xlink:type="resource" xlink:label="label2985" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_en-US">Liability For Claims And Claims Adjustment Expense Insured By Financial Guarantor</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2985" xlink:to="label2985" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedPensionMember" xlink:label="element2986" />
        <label xlink:type="resource" xlink:label="label2986" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonqualifiedPensionMember_en-US">Non-qualified pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2986" xlink:to="label2986" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedPensionMember" xlink:label="element2987" />
        <label xlink:type="resource" xlink:label="label2987" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonqualifiedPensionMember_en-US">Nonqualified Pension [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2987" xlink:to="label2987" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="element2988" />
        <label xlink:type="resource" xlink:label="label2988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NonqualifiedProfitSharingMember_en-US">Non-qualified profit-sharing/401(k) [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2988" xlink:to="label2988" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="element2989" />
        <label xlink:type="resource" xlink:label="label2989" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NonqualifiedProfitSharingMember_en-US">Nonqualified Profit Sharing [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2989" xlink:to="label2989" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossupWarrantMember" xlink:label="element2990" />
        <label xlink:type="resource" xlink:label="label2990" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_GrossupWarrantMember_en-US">Grossup Warrant [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2990" xlink:to="label2990" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element2991" />
        <label xlink:type="resource" xlink:label="label2991" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before income taxes and equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2991" xlink:to="label2991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element2992" />
        <label xlink:type="resource" xlink:label="label2992" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Amount of income (loss) before income taxes and equity in the earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2992" xlink:to="label2992" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element2993" />
        <label xlink:type="resource" xlink:label="label2993" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Income Loss Before Income Taxes And Equity In Earnings Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2993" xlink:to="label2993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="element2994" />
        <label xlink:type="resource" xlink:label="label2994" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before income taxes and equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2994" xlink:to="label2994" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element2995" />
        <label xlink:type="resource" xlink:label="label2995" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2995" xlink:to="label2995" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element2996" />
        <label xlink:type="resource" xlink:label="label2996" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Amount of income (loss) before equity in the earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2996" xlink:to="label2996" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element2997" />
        <label xlink:type="resource" xlink:label="label2997" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Income Loss Before Equity In Earnings Of Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2997" xlink:to="label2997" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="element2998" />
        <label xlink:type="resource" xlink:label="label2998" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_en-US">Gain (loss) before equity in earnings of subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2998" xlink:to="label2998" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element2999" />
        <label xlink:type="resource" xlink:label="label2999" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance, LLC [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element2999" xlink:to="label2999" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element3000" />
        <label xlink:type="resource" xlink:label="label3000" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3000" xlink:to="label3000" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="element3001" />
        <label xlink:type="resource" xlink:label="label3001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaAssetFinanceMember_en-US">MBIA Asset Finance [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3001" xlink:to="label3001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3002" />
        <label xlink:type="resource" xlink:label="label3002" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings, Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3002" xlink:to="label3002" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3003" />
        <label xlink:type="resource" xlink:label="label3003" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3003" xlink:to="label3003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="element3004" />
        <label xlink:type="resource" xlink:label="label3004" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NationalPublicFinanceGuaranteeHoldingsMember_en-US">National Public Finance Guarantee Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3004" xlink:to="label3004" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3005" />
        <label xlink:type="resource" xlink:label="label3005" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CapmacHoldingsMember_en-US">CapMAC Holdings Inc. [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3005" xlink:to="label3005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3006" />
        <label xlink:type="resource" xlink:label="label3006" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CapmacHoldingsMember_en-US">Capmac Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3006" xlink:to="label3006" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapmacHoldingsMember" xlink:label="element3007" />
        <label xlink:type="resource" xlink:label="label3007" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CapmacHoldingsMember_en-US">Capmac Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3007" xlink:to="label3007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3008" />
        <label xlink:type="resource" xlink:label="label3008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate principal amount in excess of stated amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3008" xlink:to="label3008" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3009" />
        <label xlink:type="resource" xlink:label="label3009" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate Principal Amount In Excess Of FailureTo Make Payment At Maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3009" xlink:to="label3009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="element3010" />
        <label xlink:type="resource" xlink:label="label3010" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_en-US">Aggregate Principal Amount In Excess Of FailureTo Make Payment At Maturity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3010" xlink:to="label3010" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesOwnedAtParValue" xlink:label="element3011" />
        <label xlink:type="resource" xlink:label="label3011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesOwnedAtParValue_en-US">Surplus notes owned at par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3011" xlink:to="label3011" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesOwnedAtParValue" xlink:label="element3012" />
        <label xlink:type="resource" xlink:label="label3012" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesOwnedAtParValue_en-US">Surplus Notes owned at par value as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3012" xlink:to="label3012" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesOwnedAtParValue" xlink:label="element3013" />
        <label xlink:type="resource" xlink:label="label3013" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesOwnedAtParValue_en-US">Surplus Notes Owned At Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3013" xlink:to="label3013" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="element3014" />
        <label xlink:type="resource" xlink:label="label3014" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SeniorNotesPurchasedAtParValue_en-US">Senior notes purchased at par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3014" xlink:to="label3014" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="element3015" />
        <label xlink:type="resource" xlink:label="label3015" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeniorNotesPurchasedAtParValue_en-US">Senior Notes purchased at par value during the period.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3015" xlink:to="label3015" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="element3016" />
        <label xlink:type="resource" xlink:label="label3016" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeniorNotesPurchasedAtParValue_en-US">Senior Notes Purchased At Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3016" xlink:to="label3016" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3017" />
        <label xlink:type="resource" xlink:label="label3017" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus Notes Weighted Average Price Per Unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3017" xlink:to="label3017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3018" />
        <label xlink:type="resource" xlink:label="label3018" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus Notes Weighted Average Price Per Unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3018" xlink:to="label3018" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="element3019" />
        <label xlink:type="resource" xlink:label="label3019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SurplusNotesWeightedAveragePricePerUnit_en-US">Surplus notes, weighted average price per unit</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3019" xlink:to="label3019" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3020" />
        <label xlink:type="resource" xlink:label="label3020" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted Average Price Of Senior Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3020" xlink:to="label3020" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3021" />
        <label xlink:type="resource" xlink:label="label3021" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted Average Price Of Senior Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3021" xlink:to="label3021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="element3022" />
        <label xlink:type="resource" xlink:label="label3022" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_WeightedAveragePriceOfSeniorNotes_en-US">Weighted average price of senior notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3022" xlink:to="label3022" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3023" />
        <label xlink:type="resource" xlink:label="label3023" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberPooledInvestmentPrograms_en-US">Number Pooled Investment Programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3023" xlink:to="label3023" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3024" />
        <label xlink:type="resource" xlink:label="label3024" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberPooledInvestmentPrograms_en-US">Number Of Pooled Investment Programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3024" xlink:to="label3024" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="element3025" />
        <label xlink:type="resource" xlink:label="label3025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberPooledInvestmentPrograms_en-US">Number of pooled investment programs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3025" xlink:to="label3025" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterIscMember" xlink:label="element3026" />
        <label xlink:type="resource" xlink:label="label3026" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CutwaterIscMember_en-US">Cutwater Isc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3026" xlink:to="label3026" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterIscMember" xlink:label="element3027" />
        <label xlink:type="resource" xlink:label="label3027" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CutwaterIscMember_en-US">Cutwater Isc [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3027" xlink:to="label3027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterIscMember" xlink:label="element3028" />
        <label xlink:type="resource" xlink:label="label3028" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CutwaterIscMember_en-US">Cutwater ISC [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3028" xlink:to="label3028" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BoardOfDirectorsMember" xlink:label="element3029" />
        <label xlink:type="resource" xlink:label="label3029" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BoardOfDirectorsMember_en-US">Board Of Directors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3029" xlink:to="label3029" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BoardOfDirectorsMember" xlink:label="element3030" />
        <label xlink:type="resource" xlink:label="label3030" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BoardOfDirectorsMember_en-US">Board Of Directors [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3030" xlink:to="label3030" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3031" />
        <label xlink:type="resource" xlink:label="label3031" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum Percentage Of Notional Asset Swap</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3031" xlink:to="label3031" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3032" />
        <label xlink:type="resource" xlink:label="label3032" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum percentage of admitted assets the asset swap can be without three month notice to initiate cash dividends.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3032" xlink:to="label3032" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="element3033" />
        <label xlink:type="resource" xlink:label="label3033" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumPercentageOfNotionalAssetSwap_en-US">Maximum percentage of notional asset swap</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3033" xlink:to="label3033" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3034" />
        <label xlink:type="resource" xlink:label="label3034" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InvestmentsInCertainQualifingAssets_en-US">Investments In Certain Qualifing Assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3034" xlink:to="label3034" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3035" />
        <label xlink:type="resource" xlink:label="label3035" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InvestmentsInCertainQualifingAssets_en-US">Percentage required to be invested in certain qualifing assets.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3035" xlink:to="label3035" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="element3036" />
        <label xlink:type="resource" xlink:label="label3036" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InvestmentsInCertainQualifingAssets_en-US">Percentage of loss reserves and unearned premium reserve required to be invested in qualifying assets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3036" xlink:to="label3036" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="element3037" />
        <label xlink:type="resource" xlink:label="label3037" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinimumSurplusAndContingencyReservesMember_en-US">Minimum Surplus And Contingency Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3037" xlink:to="label3037" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="element3038" />
        <label xlink:type="resource" xlink:label="label3038" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinimumSurplusAndContingencyReservesMember_en-US">Minimum Surplus And Contingency Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3038" xlink:to="label3038" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="element3039" />
        <label xlink:type="resource" xlink:label="label3039" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LossReservesAndUnearnedPremiumReservesMember_en-US">Loss Reserves And Unearned Premium Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3039" xlink:to="label3039" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="element3040" />
        <label xlink:type="resource" xlink:label="label3040" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LossReservesAndUnearnedPremiumReservesMember_en-US">Loss Reserves And Unearned Premium Reserves [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3040" xlink:to="label3040" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3041" />
        <label xlink:type="resource" xlink:label="label3041" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StatutorySurplusNegativeImpact_en-US">Statutory Surplus Negative Impact</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3041" xlink:to="label3041" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3042" />
        <label xlink:type="resource" xlink:label="label3042" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StatutorySurplusNegativeImpact_en-US">Impact on statutory surplus due to maximum amount of investment in subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3042" xlink:to="label3042" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="element3043" />
        <label xlink:type="resource" xlink:label="label3043" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StatutorySurplusNegativeImpact_en-US">Statutory surplus negative impact</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3043" xlink:to="label3043" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3044" />
        <label xlink:type="resource" xlink:label="label3044" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum Percentage Of Statutory Admitted Assets Invested In Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3044" xlink:to="label3044" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3045" />
        <label xlink:type="resource" xlink:label="label3045" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum percentage of statutory admitted assets allowed to be invested in subsidaries under New York insurance laws.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3045" xlink:to="label3045" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="element3046" />
        <label xlink:type="resource" xlink:label="label3046" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_en-US">Maximum percentage of statutory net admitted assets invested in subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3046" xlink:to="label3046" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="element3047" />
        <label xlink:type="resource" xlink:label="label3047" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PolicyholdersSurplusMember_en-US">Policyholders Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3047" xlink:to="label3047" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="element3048" />
        <label xlink:type="resource" xlink:label="label3048" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PolicyholdersSurplusMember_en-US">Policyholders Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3048" xlink:to="label3048" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusMember" xlink:label="element3049" />
        <label xlink:type="resource" xlink:label="label3049" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SurplusMember_en-US">Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3049" xlink:to="label3049" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusMember" xlink:label="element3050" />
        <label xlink:type="resource" xlink:label="label3050" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SurplusMember_en-US">Surplus [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3050" xlink:to="label3050" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" xlink:label="element3051" />
        <label xlink:type="resource" xlink:label="label3051" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_en-US">Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3051" xlink:to="label3051" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" xlink:label="element3052" />
        <label xlink:type="resource" xlink:label="label3052" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_en-US">Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3052" xlink:to="label3052" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" xlink:label="element3053" />
        <label xlink:type="resource" xlink:label="label3053" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_en-US">Quoted Market Prices Adjusted For Financial Guarantees Provided To Vie Obligations And Multiples Of EBITDA[Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3053" xlink:to="label3053" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3054" />
        <label xlink:type="resource" xlink:label="label3054" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DiscountedCashFlowMember_en-US">Discounted cash flow [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3054" xlink:to="label3054" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3055" />
        <label xlink:type="resource" xlink:label="label3055" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountedCashFlowMember_en-US">Discounted cash flow</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3055" xlink:to="label3055" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowMember" xlink:label="element3056" />
        <label xlink:type="resource" xlink:label="label3056" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountedCashFlowMember_en-US">Discounted Cash Flow [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3056" xlink:to="label3056" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3057" />
        <label xlink:type="resource" xlink:label="label3057" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3057" xlink:to="label3057" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3058" />
        <label xlink:type="resource" xlink:label="label3058" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted market prices of VIE assets adjusted for financial guarantees provided</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3058" xlink:to="label3058" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="element3059" />
        <label xlink:type="resource" xlink:label="label3059" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3059" xlink:to="label3059" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="element3060" />
        <label xlink:type="resource" xlink:label="label3060" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetLiabilityProductsSegmentMember_en-US">Asset Liability Products Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3060" xlink:to="label3060" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="element3061" />
        <label xlink:type="resource" xlink:label="label3061" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetLiabilityProductsSegmentMember_en-US">Asset Liability Products Segment [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3061" xlink:to="label3061" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3062" />
        <label xlink:type="resource" xlink:label="label3062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsiderationForWarrantsIssuedShares_en-US">Consideration for warrants issued in shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3062" xlink:to="label3062" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3063" />
        <label xlink:type="resource" xlink:label="label3063" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsiderationForWarrantsIssuedShares_en-US">Number of shares received for warrants issues and put into treasury.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3063" xlink:to="label3063" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="element3064" />
        <label xlink:type="resource" xlink:label="label3064" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsiderationForWarrantsIssuedShares_en-US">Consideration For Warrants Issued Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3064" xlink:to="label3064" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3065" />
        <label xlink:type="resource" xlink:label="label3065" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Consideration for warrants issued amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3065" xlink:to="label3065" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3066" />
        <label xlink:type="resource" xlink:label="label3066" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Value of shares received into treasury for warrants isued.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3066" xlink:to="label3066" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="element3067" />
        <label xlink:type="resource" xlink:label="label3067" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ConsiderationForWarrantsIssuedAmount_en-US">Consideration For Warrants Issued Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3067" xlink:to="label3067" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3068" />
        <label xlink:type="resource" xlink:label="label3068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3068" xlink:to="label3068" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3069" />
        <label xlink:type="resource" xlink:label="label3069" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3069" xlink:to="label3069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="element3070" />
        <label xlink:type="resource" xlink:label="label3070" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_en-US">Schedule Of Revised Basic And Diluted Earnings Per Share [Table Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3070" xlink:to="label3070" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarchThirtyOneTwoThousandSeventeenMember" xlink:label="element3071" />
        <label xlink:type="resource" xlink:label="label3071" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MarchThirtyOneTwoThousandSeventeenMember_en-US">March Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3071" xlink:to="label3071" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarchThirtyOneTwoThousandSeventeenMember" xlink:label="element3072" />
        <label xlink:type="resource" xlink:label="label3072" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MarchThirtyOneTwoThousandSeventeenMember_en-US">March Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3072" xlink:to="label3072" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneThirtyTwoThousandSeventeenMember" xlink:label="element3073" />
        <label xlink:type="resource" xlink:label="label3073" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JuneThirtyTwoThousandSeventeenMember_en-US">June Thirty Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3073" xlink:to="label3073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneThirtyTwoThousandSeventeenMember" xlink:label="element3074" />
        <label xlink:type="resource" xlink:label="label3074" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JuneThirtyTwoThousandSeventeenMember_en-US">June Thirty Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3074" xlink:to="label3074" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeptemberThirtyTwoThousandSeventeenMember" xlink:label="element3075" />
        <label xlink:type="resource" xlink:label="label3075" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeptemberThirtyTwoThousandSeventeenMember_en-US">September Thirty Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3075" xlink:to="label3075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeptemberThirtyTwoThousandSeventeenMember" xlink:label="element3076" />
        <label xlink:type="resource" xlink:label="label3076" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeptemberThirtyTwoThousandSeventeenMember_en-US">September Thirty Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3076" xlink:to="label3076" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="element3077" />
        <label xlink:type="resource" xlink:label="label3077" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandSeventeenMember_en-US">December Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3077" xlink:to="label3077" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="element3078" />
        <label xlink:type="resource" xlink:label="label3078" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandSeventeenMember_en-US">December Thirty One Two Thousand Eighteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3078" xlink:to="label3078" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="element3079" />
        <label xlink:type="resource" xlink:label="label3079" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandEighteenMember_en-US">December Thirty One Two Thousand Nineteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3079" xlink:to="label3079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="element3080" />
        <label xlink:type="resource" xlink:label="label3080" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandEighteenMember_en-US">December Thirty One Two Thousand Nineteen [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3080" xlink:to="label3080" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandNineteenMember" xlink:label="element3081" />
        <label xlink:type="resource" xlink:label="label3081" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandNineteenMember_en-US">December Thirty One Two Thousand Twenty [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3081" xlink:to="label3081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandNineteenMember" xlink:label="element3082" />
        <label xlink:type="resource" xlink:label="label3082" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandNineteenMember_en-US">December Thirty One Two Thousand Twenty [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3082" xlink:to="label3082" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyMember" xlink:label="element3083" />
        <label xlink:type="resource" xlink:label="label3083" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentyMember_en-US">December Thirty One Two Thousand Twenty One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3083" xlink:to="label3083" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyMember" xlink:label="element3084" />
        <label xlink:type="resource" xlink:label="label3084" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentyMember_en-US">December Thirty One Two Thousand Twenty One [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3084" xlink:to="label3084" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentySixMember" xlink:label="element3085" />
        <label xlink:type="resource" xlink:label="label3085" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentySixMember_en-US">December Thirty One Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3085" xlink:to="label3085" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentySixMember" xlink:label="element3086" />
        <label xlink:type="resource" xlink:label="label3086" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentySixMember_en-US">December Thirty One Two Thousand Twenty Seven [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3086" xlink:to="label3086" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" xlink:label="element3087" />
        <label xlink:type="resource" xlink:label="label3087" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_en-US">December Thirty One Two Thousand Thirty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3087" xlink:to="label3087" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" xlink:label="element3088" />
        <label xlink:type="resource" xlink:label="label3088" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_en-US">December Thirty One Two Thousand Thirty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3088" xlink:to="label3088" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" xlink:label="element3089" />
        <label xlink:type="resource" xlink:label="label3089" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_en-US">December Thirty One Two Thousand Thirty Seven And Thereafter [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3089" xlink:to="label3089" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" xlink:label="element3090" />
        <label xlink:type="resource" xlink:label="label3090" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_en-US">December Thirty One Two Thousand Thirty Seven And Thereafter [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3090" xlink:to="label3090" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EmbeddedMember" xlink:label="element3091" />
        <label xlink:type="resource" xlink:label="label3091" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EmbeddedMember_en-US">Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3091" xlink:to="label3091" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EmbeddedMember" xlink:label="element3092" />
        <label xlink:type="resource" xlink:label="label3092" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EmbeddedMember_en-US">Embedded [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3092" xlink:to="label3092" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3093" />
        <label xlink:type="resource" xlink:label="label3093" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_BetanddualdefaultvaluationmodelsMember_en-US">B E T And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3093" xlink:to="label3093" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3094" />
        <label xlink:type="resource" xlink:label="label3094" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_BetanddualdefaultvaluationmodelsMember_en-US">BET And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3094" xlink:to="label3094" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="element3095" />
        <label xlink:type="resource" xlink:label="label3095" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_BetanddualdefaultvaluationmodelsMember_en-US">BET And Dual Default Valuation Models [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3095" xlink:to="label3095" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3096" />
        <label xlink:type="resource" xlink:label="label3096" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided Or Market Prices Of Similar Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3096" xlink:to="label3096" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3097" />
        <label xlink:type="resource" xlink:label="label3097" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted Market Prices Of Vie Assets Adjusted For Financial Guarantees Provided Or Market Prices Of Similar Securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3097" xlink:to="label3097" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="element3098" />
        <label xlink:type="resource" xlink:label="label3098" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_en-US">Quoted market prices of Vie assets adjusted for financial guarantees provided or market prices of similar securities [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3098" xlink:to="label3098" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="element3099" />
        <label xlink:type="resource" xlink:label="label3099" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_en-US">Preferred Stock Of Subsidiary And Noncontrolling Interest [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3099" xlink:to="label3099" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3100" />
        <label xlink:type="resource" xlink:label="label3100" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Preferred shares of subsidiary acquired (in shares)</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3100" xlink:to="label3100" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3101" />
        <label xlink:type="resource" xlink:label="label3101" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Number of shares that represents a decrease in noncontrolling interest (for example, but not limited to, redeeming or purchasing the interests of noncontrolling shareholders, issuance of shares (interests) by the non-wholly owned subsidiary to the parent entity for other than cash, and a buyback of shares (interest) by the non-wholly owned subsidiary from the noncontrolling interests).</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3101" xlink:to="label3101" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="element3102" />
        <label xlink:type="resource" xlink:label="label3102" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MinorityInterestDecreaseFromRedemptionsShares_en-US">Minority Interest Decrease From Redemptions Shares</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3102" xlink:to="label3102" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3103" />
        <label xlink:type="resource" xlink:label="label3103" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">Purchases of investments at fair value OLD</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3103" xlink:to="label3103" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3104" />
        <label xlink:type="resource" xlink:label="label3104" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">The cash outflow to acquire securities classified as fair value option or trading.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3104" xlink:to="label3104" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="element3105" />
        <label xlink:type="resource" xlink:label="label3105" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_en-US">Payments To Acquire Fair Value Option And Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3105" xlink:to="label3105" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3106" />
        <label xlink:type="resource" xlink:label="label3106" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">Sales, paydowns and maturities of investments at fair value OLD</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3106" xlink:to="label3106" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3107" />
        <label xlink:type="resource" xlink:label="label3107" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">The cash inflow associated with the sales, maturities and paydowns of fair value option and trading securities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3107" xlink:to="label3107" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="element3108" />
        <label xlink:type="resource" xlink:label="label3108" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_en-US">Proceeds From Sales Maturities And Paydowns Of Fair Value And Trading Securities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3108" xlink:to="label3108" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3109" />
        <label xlink:type="resource" xlink:label="label3109" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">Sales, paydowns and maturities of other investments OLD</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3109" xlink:to="label3109" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3110" />
        <label xlink:type="resource" xlink:label="label3110" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">The cash inflow associated with the sales, maturity (principal being due), prepayment and call (request of early payment) of other investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3110" xlink:to="label3110" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="element3111" />
        <label xlink:type="resource" xlink:label="label3111" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_en-US">Proceeds From Sales Maturities Prepayments and Calls Of Other Investments</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3111" xlink:to="label3111" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="element3112" />
        <label xlink:type="resource" xlink:label="label3112" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DiscountedCashFlowsMember_en-US">Discounted Cash Flows [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3112" xlink:to="label3112" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="element3113" />
        <label xlink:type="resource" xlink:label="label3113" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DiscountedCashFlowsMember_en-US">Discounted Cash Flows [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3113" xlink:to="label3113" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3114" />
        <label xlink:type="resource" xlink:label="label3114" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueMeasurementRangeDollars_en-US">Range dollars</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3114" xlink:to="label3114" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3115" />
        <label xlink:type="resource" xlink:label="label3115" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueMeasurementRangeDollars_en-US">This element represents the fair value measurement range dollars of the Company's assets and liabilities measured at fair value.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3115" xlink:to="label3115" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="element3116" />
        <label xlink:type="resource" xlink:label="label3116" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueMeasurementRangeDollars_en-US">Fair Value Measurement Range Dollars</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3116" xlink:to="label3116" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3117" />
        <label xlink:type="resource" xlink:label="label3117" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Medium-term notes, contractual outstanding principal</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3117" xlink:to="label3117" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3118" />
        <label xlink:type="resource" xlink:label="label3118" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Fair Value Option Contractual Outstanding Principal Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3118" xlink:to="label3118" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="element3119" />
        <label xlink:type="resource" xlink:label="label3119" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_en-US">Fair Value Option Contractual Outstanding Principal Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3119" xlink:to="label3119" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3120" />
        <label xlink:type="resource" xlink:label="label3120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Medium-term notes, fair value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3120" xlink:to="label3120" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3121" />
        <label xlink:type="resource" xlink:label="label3121" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Fair Value Option Aggregate Fair Value Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3121" xlink:to="label3121" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="element3122" />
        <label xlink:type="resource" xlink:label="label3122" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateFairValueMediumTermNotes_en-US">Fair Value Option Aggregate Fair Value Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3122" xlink:to="label3122" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3123" />
        <label xlink:type="resource" xlink:label="label3123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Medium-term notes, difference</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3123" xlink:to="label3123" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3124" />
        <label xlink:type="resource" xlink:label="label3124" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Fair Value Option Aggregate Differences Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3124" xlink:to="label3124" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="element3125" />
        <label xlink:type="resource" xlink:label="label3125" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_en-US">Fair Value Option Aggregate Differences Medium Term Notes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3125" xlink:to="label3125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3126" />
        <label xlink:type="resource" xlink:label="label3126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value - VIE [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3126" xlink:to="label3126" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3127" />
        <label xlink:type="resource" xlink:label="label3127" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3127" xlink:to="label3127" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="element3128" />
        <label xlink:type="resource" xlink:label="label3128" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_en-US">Fixed Maturity Securities Held At Fair Value Vie [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3128" xlink:to="label3128" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinstatedMember" xlink:label="element3129" />
        <label xlink:type="resource" xlink:label="label3129" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ReinstatedMember_en-US">Reinstated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3129" xlink:to="label3129" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinstatedMember" xlink:label="element3130" />
        <label xlink:type="resource" xlink:label="label3130" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ReinstatedMember_en-US">Reinstated [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3130" xlink:to="label3130" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3131" />
        <label xlink:type="resource" xlink:label="label3131" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CityOfDetroitUtgoBonds_en-US">City of Detroit UTGO Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3131" xlink:to="label3131" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3132" />
        <label xlink:type="resource" xlink:label="label3132" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CityOfDetroitUtgoBonds_en-US">City Of Detroit Utgo Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3132" xlink:to="label3132" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="element3133" />
        <label xlink:type="resource" xlink:label="label3133" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CityOfDetroitUtgoBonds_en-US">City Of Detroit Utgo Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3133" xlink:to="label3133" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3134" />
        <label xlink:type="resource" xlink:label="label3134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number of operating lease term extensions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3134" xlink:to="label3134" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3135" />
        <label xlink:type="resource" xlink:label="label3135" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number of times lessee can extend the term of the operating lease.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3135" xlink:to="label3135" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="element3136" />
        <label xlink:type="resource" xlink:label="label3136" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NumberOfOperatingLeaseTermExtensions_en-US">Number Of Operating Lease Term Extensions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3136" xlink:to="label3136" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LeaseIncentives" xlink:label="element3137" />
        <label xlink:type="resource" xlink:label="label3137" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_LeaseIncentives_en-US">Lease incentives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3137" xlink:to="label3137" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LeaseIncentives" xlink:label="element3138" />
        <label xlink:type="resource" xlink:label="label3138" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_LeaseIncentives_en-US">Amount of lease incentives from lessor to fund certain leasehold improvements.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3138" xlink:to="label3138" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LeaseIncentives" xlink:label="element3139" />
        <label xlink:type="resource" xlink:label="label3139" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LeaseIncentives_en-US">Lease Incentives</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3139" xlink:to="label3139" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="element3140" />
        <label xlink:type="resource" xlink:label="label3140" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Payableforloanspurchased_en-US">Payable For Loans Purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3140" xlink:to="label3140" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="element3141" />
        <label xlink:type="resource" xlink:label="label3141" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Payableforloanspurchased_en-US">Payable for loans purchased</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3141" xlink:to="label3141" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="element3142" />
        <label xlink:type="resource" xlink:label="label3142" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Payableforloanspurchased_en-US">As of the balance sheet date, the amount not yet paid for loans purchased.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3142" xlink:to="label3142" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Cashcollateralpledge" xlink:label="element3143" />
        <label xlink:type="resource" xlink:label="label3143" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Cashcollateralpledge_en-US">Cash Collateral Pledge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3143" xlink:to="label3143" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Cashcollateralpledge" xlink:label="element3144" />
        <label xlink:type="resource" xlink:label="label3144" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Cashcollateralpledge_en-US">Cash Collateral Pledge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3144" xlink:to="label3144" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Cashcollateralpledge" xlink:label="element3145" />
        <label xlink:type="resource" xlink:label="label3145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Cashcollateralpledge_en-US">Net cash collateral pledged</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3145" xlink:to="label3145" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3146" />
        <label xlink:type="resource" xlink:label="label3146" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Payments For Deconsolidation Of Variable Interest Entity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3146" xlink:to="label3146" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3147" />
        <label xlink:type="resource" xlink:label="label3147" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Deconsolidation of variable interest entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3147" xlink:to="label3147" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="element3148" />
        <label xlink:type="resource" xlink:label="label3148" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_en-US">Cash outflows from deconsolidation of variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3148" xlink:to="label3148" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" xlink:label="element3149" />
        <label xlink:type="resource" xlink:label="label3149" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_en-US">December Thirty One Two Thousand Twenty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3149" xlink:to="label3149" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" xlink:label="element3150" />
        <label xlink:type="resource" xlink:label="label3150" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_en-US">December Thirty One Two Thousand Twenty Two [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3150" xlink:to="label3150" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="element3151" />
        <label xlink:type="resource" xlink:label="label3151" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TrifiniumHoldingsLimitedMember_en-US">Trifinium Holdings Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3151" xlink:to="label3151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="element3152" />
        <label xlink:type="resource" xlink:label="label3152" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TrifiniumHoldingsLimitedMember_en-US">Trifinium Holdings Limited [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3152" xlink:to="label3152" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="element3153" />
        <label xlink:type="resource" xlink:label="label3153" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LiabilitiesheldforsaleMember_en-US">Liabilities Held For Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3153" xlink:to="label3153" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="element3154" />
        <label xlink:type="resource" xlink:label="label3154" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_LoansreceivableatfairvalueMember_en-US">Loans Receivable At Fair Value [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3154" xlink:to="label3154" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="element3155" />
        <label xlink:type="resource" xlink:label="label3155" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PayableforloanspurchasedMember_en-US">Payable For Loans Purchased [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3155" xlink:to="label3155" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3156" />
        <label xlink:type="resource" xlink:label="label3156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Assets And Liabilities Held For Sale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3156" xlink:to="label3156" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3157" />
        <label xlink:type="resource" xlink:label="label3157" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Tabular disclosure of assets and liabilities held for sale.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3157" xlink:to="label3157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="element3158" />
        <label xlink:type="resource" xlink:label="label3158" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_en-US">Assets And Liabilities Held For Sale Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3158" xlink:to="label3158" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesOwnedAtParValue" xlink:label="element3159" />
        <label xlink:type="resource" xlink:label="label3159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_SeniorNotesOwnedAtParValue_en-US">Senior notes owned at par value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3159" xlink:to="label3159" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesOwnedAtParValue" xlink:label="element3160" />
        <label xlink:type="resource" xlink:label="label3160" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SeniorNotesOwnedAtParValue_en-US">Par value of MBIA Inc. senior notes owned as of the balance sheet date.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3160" xlink:to="label3160" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesOwnedAtParValue" xlink:label="element3161" />
        <label xlink:type="resource" xlink:label="label3161" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SeniorNotesOwnedAtParValue_en-US">Senior Notes Owned At Par Value</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3161" xlink:to="label3161" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3162" />
        <label xlink:type="resource" xlink:label="label3162" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">2014 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3162" xlink:to="label3162" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3163" />
        <label xlink:type="resource" xlink:label="label3163" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors in 2014.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3163" xlink:to="label3163" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="element3164" />
        <label xlink:type="resource" xlink:label="label3164" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TwothousandfourteenrepurchaseauthorizationMember_en-US">Two Thousand Fourteen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3164" xlink:to="label3164" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3165" />
        <label xlink:type="resource" xlink:label="label3165" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Maximum annual compensation subject to pension</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3165" xlink:to="label3165" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3166" />
        <label xlink:type="resource" xlink:label="label3166" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Maximum annual compensation per employee subject to pension contribution.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3166" xlink:to="label3166" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="element3167" />
        <label xlink:type="resource" xlink:label="label3167" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_en-US">Annual Compensation Maximum Pension Per Employee Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3167" xlink:to="label3167" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3168" />
        <label xlink:type="resource" xlink:label="label3168" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative liabilities and derivative liabilities of consolidated VIEs, after counterparty netting and embedded reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3168" xlink:to="label3168" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3169" />
        <label xlink:type="resource" xlink:label="label3169" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Derivative Fair Value Of Derivative Liabilities Reported In Derivative Liabilities And Derivative Liavilities VIEs Net Of Counterparty Netting And Embedded Reclasses</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3169" xlink:to="label3169" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="element3170" />
        <label xlink:type="resource" xlink:label="label3170" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_en-US">Other Liabilities And Derivative Liabilities Vie After Counterparty Netting And Embedded Reclass</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3170" xlink:to="label3170" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterHoldingsMember" xlink:label="element3171" />
        <label xlink:type="resource" xlink:label="label3171" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CutwaterHoldingsMember_en-US">Cutwater Holdings [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3171" xlink:to="label3171" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterHoldingsMember" xlink:label="element3172" />
        <label xlink:type="resource" xlink:label="label3172" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_CutwaterHoldingsMember_en-US">Cutwater Holdings</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3172" xlink:to="label3172" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SocietegeneraleMember" xlink:label="element3173" />
        <label xlink:type="resource" xlink:label="label3173" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_SocietegeneraleMember_en-US">Societe Generale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3173" xlink:to="label3173" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SocietegeneraleMember" xlink:label="element3174" />
        <label xlink:type="resource" xlink:label="label3174" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_SocietegeneraleMember_en-US">Societe Generale</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3174" xlink:to="label3174" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonStockSharesSold" xlink:label="element3175" />
        <label xlink:type="resource" xlink:label="label3175" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommonStockSharesSold_en-US">Common Stock Shares Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3175" xlink:to="label3175" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" xlink:label="element3176" />
        <label xlink:type="resource" xlink:label="label3176" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_en-US">July Two Thousand Fifteen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3176" xlink:to="label3176" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" xlink:label="element3177" />
        <label xlink:type="resource" xlink:label="label3177" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors on July 29, 2015.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3177" xlink:to="label3177" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" xlink:label="element3178" />
        <label xlink:type="resource" xlink:label="label3178" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_en-US">July 29, 2015 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3178" xlink:to="label3178" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" xlink:label="element3179" />
        <label xlink:type="resource" xlink:label="label3179" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_en-US">OctoberTwoThousandFifteenRepurchaseAuthorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3179" xlink:to="label3179" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" xlink:label="element3180" />
        <label xlink:type="resource" xlink:label="label3180" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors on October 28, 2015.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3180" xlink:to="label3180" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" xlink:label="element3181" />
        <label xlink:type="resource" xlink:label="label3181" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_en-US">October 28, 2015 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3181" xlink:to="label3181" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="element3182" />
        <label xlink:type="resource" xlink:label="label3182" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AdvancesToSubsidiaries_en-US">Advances To Subsidiaries</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3182" xlink:to="label3182" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="element3183" />
        <label xlink:type="resource" xlink:label="label3183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AdvancesToSubsidiaries_en-US">Advances to subsidiaries, net</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3183" xlink:to="label3183" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="element3184" />
        <label xlink:type="resource" xlink:label="label3184" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AdvancesToSubsidiaries_en-US">Advances to subsidiaries net of advances returned by subsidiaries.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3184" xlink:to="label3184" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar2Member" xlink:label="element3185" />
        <label xlink:type="resource" xlink:label="label3185" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Zohar2Member_en-US">Zohar 2 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3185" xlink:to="label3185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar2Member" xlink:label="element3186" />
        <label xlink:type="resource" xlink:label="label3186" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Zohar2Member_en-US">Zohar II 2005-1 CDO</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3186" xlink:to="label3186" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar2Member" xlink:label="element3187" />
        <label xlink:type="resource" xlink:label="label3187" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Zohar2Member_en-US">Zohar II [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3187" xlink:to="label3187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PuertoRicoMember" xlink:label="element3188" />
        <label xlink:type="resource" xlink:label="label3188" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PuertoRicoMember_en-US">Puerto Rico [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3188" xlink:to="label3188" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PuertoRicoMember" xlink:label="element3189" />
        <label xlink:type="resource" xlink:label="label3189" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PuertoRicoMember_en-US">Puerto Rico</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3189" xlink:to="label3189" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PuertoRicoMember" xlink:label="element3190" />
        <label xlink:type="resource" xlink:label="label3190" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PuertoRicoMember_en-US">Puerto Rico [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3190" xlink:to="label3190" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingBonds" xlink:label="element3191" />
        <label xlink:type="resource" xlink:label="label3191" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OutstandingBonds_en-US">Outstanding Bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3191" xlink:to="label3191" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingBonds" xlink:label="element3192" />
        <label xlink:type="resource" xlink:label="label3192" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OutstandingBonds_en-US">Amount of outstanding bonds for a specific issuer</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3192" xlink:to="label3192" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingBonds" xlink:label="element3193" />
        <label xlink:type="resource" xlink:label="label3193" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_OutstandingBonds_en-US">Outstanding bonds</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3193" xlink:to="label3193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StructuredInsuranceSecuritizationsMember" xlink:label="element3194" />
        <label xlink:type="resource" xlink:label="label3194" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StructuredInsuranceSecuritizationsMember_en-US">Structured Insurance Securitizations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3194" xlink:to="label3194" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StructuredInsuranceSecuritizationsMember" xlink:label="element3195" />
        <label xlink:type="resource" xlink:label="label3195" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StructuredInsuranceSecuritizationsMember_en-US">Structured Insurance Securitizations [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3195" xlink:to="label3195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" xlink:label="element3196" />
        <label xlink:type="resource" xlink:label="label3196" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_en-US">Increase Decrease In Liability For Claim Adjustment Expense Reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3196" xlink:to="label3196" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" xlink:label="element3197" />
        <label xlink:type="resource" xlink:label="label3197" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_en-US">Changes in LAE</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3197" xlink:to="label3197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" xlink:label="element3198" />
        <label xlink:type="resource" xlink:label="label3198" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_en-US">Increase Decrease In Liability For Claim Adjustment Expense Reserve</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3198" xlink:to="label3198" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" xlink:label="element3199" />
        <label xlink:type="resource" xlink:label="label3199" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves And Recoveries [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3199" xlink:to="label3199" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" xlink:label="element3200" />
        <label xlink:type="resource" xlink:label="label3200" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract_en-US">Disclosure Loss And Loss Adjustment Expense Reserves And Recoveries [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3200" xlink:to="label3200" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" xlink:label="element3201" />
        <label xlink:type="resource" xlink:label="label3201" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract_en-US">Disclosure - Loss And Loss Adjustment Expense Reserves And Recoveries [Abstract]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3201" xlink:to="label3201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutBackMember" xlink:label="element3202" />
        <label xlink:type="resource" xlink:label="label3202" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PutBackMember_en-US">Put-Back [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3202" xlink:to="label3202" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutBackMember" xlink:label="element3203" />
        <label xlink:type="resource" xlink:label="label3203" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PutBackMember_en-US">Put-Back [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3203" xlink:to="label3203" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentForSaleOfSubsidiary" xlink:label="element3204" />
        <label xlink:type="resource" xlink:label="label3204" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_PaymentForSaleOfSubsidiary_en-US">Payment For Sale Of Subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3204" xlink:to="label3204" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentForSaleOfSubsidiary" xlink:label="element3205" />
        <label xlink:type="resource" xlink:label="label3205" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_PaymentForSaleOfSubsidiary_en-US">Payment For Sale Of Subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3205" xlink:to="label3205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentForSaleOfSubsidiary" xlink:label="element3206" />
        <label xlink:type="resource" xlink:label="label3206" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_PaymentForSaleOfSubsidiary_en-US">Payment for sale of subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3206" xlink:to="label3206" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" xlink:label="element3207" />
        <label xlink:type="resource" xlink:label="label3207" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_en-US">Amount Paid Into Tax Sharing Agreement Escrow Account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3207" xlink:to="label3207" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" xlink:label="element3208" />
        <label xlink:type="resource" xlink:label="label3208" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_en-US">This element represents the amount paid into the escrow account related to the tax sharing agreement during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3208" xlink:to="label3208" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" xlink:label="element3209" />
        <label xlink:type="resource" xlink:label="label3209" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_en-US">Amount paid into tax escrow account</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3209" xlink:to="label3209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" xlink:label="element3210" />
        <label xlink:type="resource" xlink:label="label3210" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_en-US">Accumulated Other Comprehensive Income Loss Deferred Income Taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3210" xlink:to="label3210" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" xlink:label="element3211" />
        <label xlink:type="resource" xlink:label="label3211" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_en-US">Accumulated other comprehensive income loss, net deferred taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3211" xlink:to="label3211" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" xlink:label="element3212" />
        <label xlink:type="resource" xlink:label="label3212" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_en-US">Accumulated other comprehensive income (loss), taxes</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3212" xlink:to="label3212" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandSixteenRepurchaseAuthorizationMember" xlink:label="element3213" />
        <label xlink:type="resource" xlink:label="label3213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_en-US">2016 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3213" xlink:to="label3213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandSixteenRepurchaseAuthorizationMember" xlink:label="element3214" />
        <label xlink:type="resource" xlink:label="label3214" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_en-US">Two Thousand Sixteen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3214" xlink:to="label3214" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandSixteenRepurchaseAuthorizationMember" xlink:label="element3215" />
        <label xlink:type="resource" xlink:label="label3215" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors in 2016.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3215" xlink:to="label3215" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="element3216" />
        <label xlink:type="resource" xlink:label="label3216" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredSwapsHeldForSaleMember_en-US">Insured Swaps - Held for Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3216" xlink:to="label3216" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="element3217" />
        <label xlink:type="resource" xlink:label="label3217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredSwapsHeldForSaleMember_en-US">Insured Swaps - Held for Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3217" xlink:to="label3217" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="element3218" />
        <label xlink:type="resource" xlink:label="label3218" xlink:role="http://www.xbrl.org/2003/role/definitionGuidance" xml:lang="en-US" id="definitionGuidance_mbi_InsuredSwapsHeldForSaleMember_en-US">Insured Swaps - Held for Sale [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3218" xlink:to="label3218" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="element3219" />
        <label xlink:type="resource" xlink:label="label3219" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Issuancecostsdebt_en-US">IssuanceCostsDebt</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3219" xlink:to="label3219" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="element3220" />
        <label xlink:type="resource" xlink:label="label3220" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Issuancecostsdebt_en-US">As of the balance sheet date, amount of unamortized debt issuance costs.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3220" xlink:to="label3220" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="element3221" />
        <label xlink:type="resource" xlink:label="label3221" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xml:lang="en-US" id="Negated_mbi_Issuancecostsdebt_en-US">Debt issuance costs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3221" xlink:to="label3221" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" xlink:label="element3222" />
        <label xlink:type="resource" xlink:label="label3222" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock_en-US">Schedule Of Loss On Sale Of Subsudiary Table [Text Block]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3222" xlink:to="label3222" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" xlink:label="element3223" />
        <label xlink:type="resource" xlink:label="label3223" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock_en-US">Tabular disclosure of pre-tax loss on sale of subsidiary.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3223" xlink:to="label3223" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" xlink:label="element3224" />
        <label xlink:type="resource" xlink:label="label3224" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock_en-US">Pre-Tax Loss On Sale Of Subsidiary</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3224" xlink:to="label3224" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetFairValueOfSubsidiaryLessCostsToSell" xlink:label="element3225" />
        <label xlink:type="resource" xlink:label="label3225" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NetFairValueOfSubsidiaryLessCostsToSell_en-US">Net Fair Value Of Subsidiary Less Costs To Sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3225" xlink:to="label3225" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetFairValueOfSubsidiaryLessCostsToSell" xlink:label="element3226" />
        <label xlink:type="resource" xlink:label="label3226" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xml:lang="en-US" id="total_mbi_NetFairValueOfSubsidiaryLessCostsToSell_en-US">Net fair value of MBIA UK, less costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3226" xlink:to="label3226" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetFairValueOfSubsidiaryLessCostsToSell" xlink:label="element3227" />
        <label xlink:type="resource" xlink:label="label3227" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NetFairValueOfSubsidiaryLessCostsToSell_en-US">The net fair value of a subsidiaty, less costs to sell.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3227" xlink:to="label3227" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetFairValueOfSubsidiaryLessCostsToSell" xlink:label="element3228" />
        <label xlink:type="resource" xlink:label="label3228" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NetFairValueOfSubsidiaryLessCostsToSell_en-US">Net fair value of MBIA UK, less costs to sell</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3228" xlink:to="label3228" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar1Member" xlink:label="element3229" />
        <label xlink:type="resource" xlink:label="label3229" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Zohar1Member_en-US">Zohar 1 [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3229" xlink:to="label3229" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar1Member" xlink:label="element3230" />
        <label xlink:type="resource" xlink:label="label3230" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Zohar1Member_en-US">Zohar I [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3230" xlink:to="label3230" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar1Member" xlink:label="element3231" />
        <label xlink:type="resource" xlink:label="label3231" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Zohar1Member_en-US">Zohar I 2003-1 CDO</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3231" xlink:to="label3231" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndrawnMember" xlink:label="element3232" />
        <label xlink:type="resource" xlink:label="label3232" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_UndrawnMember_en-US">Undrawn [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3232" xlink:to="label3232" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="element3233" />
        <label xlink:type="resource" xlink:label="label3233" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_MbiaUkMember_en-US">MBIA UK [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3233" xlink:to="label3233" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="element3234" />
        <label xlink:type="resource" xlink:label="label3234" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_MbiaUkMember_en-US">MBIA UK [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3234" xlink:to="label3234" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock" xlink:label="element3235" />
        <label xlink:type="resource" xlink:label="label3235" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock_en-US">ScheduleOfFairValueOfSubsidiarySoldTableTextBlock</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3235" xlink:to="label3235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock" xlink:label="element3236" />
        <label xlink:type="resource" xlink:label="label3236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock_en-US">Fair Value Of Subsidiary Sold</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3236" xlink:to="label3236" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectOfNewAccountingPrinciple" xlink:label="element3237" />
        <label xlink:type="resource" xlink:label="label3237" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EffectOfNewAccountingPrinciple_en-US">EffectOfNewAccountingPrinciple</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3237" xlink:to="label3237" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectOfNewAccountingPrinciple" xlink:label="element3238" />
        <label xlink:type="resource" xlink:label="label3238" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EffectOfNewAccountingPrinciple_en-US">Cumulative effect of prospective application of new accounting principle</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3238" xlink:to="label3238" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectOfNewAccountingPrinciple" xlink:label="element3239" />
        <label xlink:type="resource" xlink:label="label3239" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_EffectOfNewAccountingPrinciple_en-US">ASU 2015-02 transition adjustment</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3239" xlink:to="label3239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialmortgagebackedandmultisectorcdomemberMember" xlink:label="element3240" />
        <label xlink:type="resource" xlink:label="label3240" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_en-US">CommercialMortgageBackedAndMultiSectorCDOMember [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3240" xlink:to="label3240" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialmortgagebackedandmultisectorcdomemberMember" xlink:label="element3241" />
        <label xlink:type="resource" xlink:label="label3241" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_en-US">Commercial Mortgage-Backed and Multi Sector C D O [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3241" xlink:to="label3241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments" xlink:label="element3242" />
        <label xlink:type="resource" xlink:label="label3242" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments_en-US">Estimated reclassification of cumulative effect accumulated other comprehensive income to retained earnings for equity investments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3242" xlink:to="label3242" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments" xlink:label="element3243" />
        <label xlink:type="resource" xlink:label="label3243" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments_en-US">Cumulative equity adjustment for the adoption of ASU 2016-01.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3243" xlink:to="label3243" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities" xlink:label="element3244" />
        <label xlink:type="resource" xlink:label="label3244" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities_en-US">Estimated reclassification of cumulative effect retained earnings to accumulated other comprehensive income for financial liabilities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3244" xlink:to="label3244" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities" xlink:label="element3245" />
        <label xlink:type="resource" xlink:label="label3245" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities_en-US">Cumulative equity adjustment for the adoption of ASU 2016-01.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3245" xlink:to="label3245" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesVariableInterestEntities" xlink:label="element3246" />
        <label xlink:type="resource" xlink:label="label3246" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_DeferredTaxLiabilitiesVariableInterestEntities_en-US">Deferred Tax Liabilities Variable Interest Entities</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3246" xlink:to="label3246" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesVariableInterestEntities" xlink:label="element3247" />
        <label xlink:type="resource" xlink:label="label3247" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_DeferredTaxLiabilitiesVariableInterestEntities_en-US">This element represents the deferred tax liabilities related to variable interest entities.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3247" xlink:to="label3247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesVariableInterestEntities" xlink:label="element3248" />
        <label xlink:type="resource" xlink:label="label3248" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_DeferredTaxLiabilitiesVariableInterestEntities_en-US">Net deferred taxes on VIEs</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3248" xlink:to="label3248" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPayableMember" xlink:label="element3249" />
        <label xlink:type="resource" xlink:label="label3249" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OtherPayableMember_en-US">Other Payable [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3249" xlink:to="label3249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Liquidityincrease" xlink:label="element3250" />
        <label xlink:type="resource" xlink:label="label3250" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_Liquidityincrease_en-US">LiquidityIncrease</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3250" xlink:to="label3250" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Liquidityincrease" xlink:label="element3251" />
        <label xlink:type="resource" xlink:label="label3251" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_Liquidityincrease_en-US">Increase in lquidity during the period</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3251" xlink:to="label3251" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Liquidityincrease" xlink:label="element3252" />
        <label xlink:type="resource" xlink:label="label3252" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_Liquidityincrease_en-US">Increase in MBIA Inc's liquidity</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3252" xlink:to="label3252" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingMember" xlink:label="element3253" />
        <label xlink:type="resource" xlink:label="label3253" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_OutstandingMember_en-US">Outstanding [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3253" xlink:to="label3253" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingMember" xlink:label="element3254" />
        <label xlink:type="resource" xlink:label="label3254" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_OutstandingMember_en-US">Outstanding amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3254" xlink:to="label3254" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="element3255" />
        <label xlink:type="resource" xlink:label="label3255" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_en-US">InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3255" xlink:to="label3255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="element3256" />
        <label xlink:type="resource" xlink:label="label3256" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_en-US">Represents the amount of insured contractual payments (principal and interest) outstanding on the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3256" xlink:to="label3256" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="element3257" />
        <label xlink:type="resource" xlink:label="label3257" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_en-US">Insurance in Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3257" xlink:to="label3257" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" xlink:label="element3258" />
        <label xlink:type="resource" xlink:label="label3258" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_en-US">InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3258" xlink:to="label3258" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" xlink:label="element3259" />
        <label xlink:type="resource" xlink:label="label3259" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_en-US">Represents the gross outstanding insured contractual payments for each caterory as a percentage of the total outstanding insured contractual payments.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3259" xlink:to="label3259" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" xlink:label="element3260" />
        <label xlink:type="resource" xlink:label="label3260" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_en-US">% of Insurance in Force</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3260" xlink:to="label3260" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="element3261" />
        <label xlink:type="resource" xlink:label="label3261" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_en-US">InsuredFinancialObligationsOutstandingPrincipalAmountGross</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3261" xlink:to="label3261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="element3262" />
        <label xlink:type="resource" xlink:label="label3262" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_en-US">Represents the outstanding principal amounts of the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3262" xlink:to="label3262" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="element3263" />
        <label xlink:type="resource" xlink:label="label3263" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_en-US">Gross Par Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3263" xlink:to="label3263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxCutsAndJobsActTaxRate" xlink:label="element3264" />
        <label xlink:type="resource" xlink:label="label3264" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_TaxCutsAndJobsActTaxRate_en-US">TaxCutsAndJobsActTaxRate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3264" xlink:to="label3264" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxCutsAndJobsActTaxRate" xlink:label="element3265" />
        <label xlink:type="resource" xlink:label="label3265" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_TaxCutsAndJobsActTaxRate_en-US">New federal corporate tax rate</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3265" xlink:to="label3265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockPriceTargetsMember" xlink:label="element3266" />
        <label xlink:type="resource" xlink:label="label3266" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StockPriceTargetsMember_en-US">Stock Price Targets [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3266" xlink:to="label3266" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockPriceTargetsMember" xlink:label="element3267" />
        <label xlink:type="resource" xlink:label="label3267" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StockPriceTargetsMember_en-US">Vesting schedule dependent on the achievement of certain stock price targets</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3267" xlink:to="label3267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternalPerformanceConditionsMember" xlink:label="element3268" />
        <label xlink:type="resource" xlink:label="label3268" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_InternalPerformanceConditionsMember_en-US">Internal Performance Conditions [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3268" xlink:to="label3268" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternalPerformanceConditionsMember" xlink:label="element3269" />
        <label xlink:type="resource" xlink:label="label3269" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_InternalPerformanceConditionsMember_en-US">Vesting schedule dependent on the achievement of certain internal performance conditions</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3269" xlink:to="label3269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3270" />
        <label xlink:type="resource" xlink:label="label3270" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">June Two Thousand Seventeen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3270" xlink:to="label3270" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3271" />
        <label xlink:type="resource" xlink:label="label3271" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors on June 27, 2017.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3271" xlink:to="label3271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3272" />
        <label xlink:type="resource" xlink:label="label3272" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">June 27, 2017 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3272" xlink:to="label3272" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3273" />
        <label xlink:type="resource" xlink:label="label3273" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">November Two Thousand Seventeen Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3273" xlink:to="label3273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3274" />
        <label xlink:type="resource" xlink:label="label3274" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">Common stock repurchase authorized by the Board of Directors on November 3, 2017.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3274" xlink:to="label3274" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="element3275" />
        <label xlink:type="resource" xlink:label="label3275" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_en-US">November 3, 2017 Repurchase Authorization [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3275" xlink:to="label3275" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockRepurchaseProgramCancelledAmount" xlink:label="element3276" />
        <label xlink:type="resource" xlink:label="label3276" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_StockRepurchaseProgramCancelledAmount_en-US">Stock Repurchase Program Cancelled Amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3276" xlink:to="label3276" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockRepurchaseProgramCancelledAmount" xlink:label="element3277" />
        <label xlink:type="resource" xlink:label="label3277" xlink:role="http://www.xbrl.org/2003/role/documentation" xml:lang="en-US" id="documentation_mbi_StockRepurchaseProgramCancelledAmount_en-US">Amount of stock repurchase program cancelled by new program.</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3277" xlink:to="label3277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockRepurchaseProgramCancelledAmount" xlink:label="element3278" />
        <label xlink:type="resource" xlink:label="label3278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_StockRepurchaseProgramCancelledAmount_en-US">Stock repurchase program cancelled amount</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3278" xlink:to="label3278" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HighbridgeInternationalLlcMember" xlink:label="element3279" />
        <label xlink:type="resource" xlink:label="label3279" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US" id="label_mbi_HighbridgeInternationalLlcMember_en-US">Highbridge International LLC [Member]</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3279" xlink:to="label3279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HighbridgeInternationalLlcMember" xlink:label="element3280" />
        <label xlink:type="resource" xlink:label="label3280" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xml:lang="en-US" id="terse_mbi_HighbridgeInternationalLlcMember_en-US">HighBridge</label>
        <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="element3280" xlink:to="label3280" />
    </labelLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>13
<FILENAME>mbi-20171231_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!-- Prepared by IBM Cognos Disclosure Management XBRL Version: 10.2.7.0.4 (2723) Using Fujitsu -->
<!-- Validation status: Passed -->
<linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/instance http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink">
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncome" />
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_AccumulatedOtherComprehensiveIncomeTables" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertainties" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesFairValueOfMBIAUKDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesFairValueOfMBIAUKDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesLossOnSaleTransactionDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesLossOnSaleTransactionDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStock" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureCommonAndPreferredStock" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommonAndPreferredStockNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockScheduleOfShareRepurchasesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommonAndPreferredStockScheduleOfShareRepurchasesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/CommonAndPreferredStockTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommonAndPreferredStockTables" />
    <roleRef roleURI="http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfComprehensiveIncomeLoss" />
    <roleRef roleURI="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DebtTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureDebtTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessDevelopmentsAndRisksAndUncertaintiesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegments" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsSummaryOfCompanysSegmentResultsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureBusinessSegmentsTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_BusinessSegmentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureCommitmentsAndContingencies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_CommitmentsAndContingenciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebt" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureDebt" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtAggregateMaturityOfDebtObligationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtLongTermDebtDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDebtNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DebtNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstruments" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstruments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsCreditDerivativesSoldDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureDerivativeInstrumentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShare" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureEarningsPerShare" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_EarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_EarningsPerShareNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureEarningsPerShareTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_EarningsPerShareTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstruments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_FairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureFairValueOfFinancialInstrumentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxes" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureIncomeTaxes" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesIncomeTaxesAndShareholdersEquityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesIncomeTaxRateReconciliationDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureIncomeTaxesTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureIncomeTaxesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestments" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_Investments" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureInvestmentsTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LongtermIncentivePlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLossAndLossAdjustmentExpenseReserves" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureRecentAccountingPronouncements" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedBalanceSheetsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfCashFlowsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfOperationsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureSignificantAccountingPolicies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_SignificantAccountingPoliciesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_SignificantAccountingPoliciesPolicies" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureSignificantAccountingPoliciesTables" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_SignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureSubsequentEvents" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureSubsequentEvents" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntities" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_VariableInterestEntities" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_VariableInterestEntitiesNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_VariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/DocumentDocumentAndEntityInformation" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DocumentAndEntityInformation" />
    <roleRef roleURI="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForce" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureInsuranceInForce" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceInForceTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureInsuranceInForceTables" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiums" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiums" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsRollForwardOfPremiumsReceivableDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureInsurancePremiumsTables" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividends" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceRegulationsAndDividends" />
    <roleRef roleURI="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InsuranceRegulationsAndDividendsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongtermIncentivePlans" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongtermIncentivePlans" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LongTermIncentivePlansStockOptionsOutstandingDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LongtermIncentivePlansTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureLongtermIncentivePlansTables" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlans" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosurePensionAndProfitSharingPlans" />
    <roleRef roleURI="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_PensionAndProfitSharingPlansNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/RecentAccountingPronouncementsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_RecentAccountingPronouncementsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/RelatedPartyTransactions" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureRelatedPartyTransactions" />
    <roleRef roleURI="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureRelatedPartyTransactionsNarrativeDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIINotesToCondensedFinancialStatementsDetail" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIInvestments" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureScheduleIInvestments" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureScheduleIIParentCompanyFinancials" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsurance" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureScheduleIVReinsurance" />
    <roleRef roleURI="http://www.mbia.com/role/ScheduleIVReinsuranceDetail" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ScheduleIVReinsuranceDetail" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheets" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedBalanceSheets" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedBalanceSheetsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquity" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementOfChangesInShareholdersEquityParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfCashFlows" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfOperations" />
    <roleRef roleURI="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_ConsolidatedStatementsOfOperationsParenthetical" />
    <roleRef roleURI="http://www.mbia.com/role/VariableInterestEntitiesTables" xlink:type="simple" xlink:href="mbi-20171231.xsd#ELRID_DisclosureVariableInterestEntitiesTables" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
    <roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DocumentDocumentAndEntityInformation">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_1" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:label="Locator_dei_DocumentType_2" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_1" xlink:to="Locator_dei_DocumentType_2" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_3" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:label="Locator_dei_AmendmentFlag_4" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_3" xlink:to="Locator_dei_AmendmentFlag_4" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_5" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="Locator_dei_DocumentPeriodEndDate_6" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_5" xlink:to="Locator_dei_DocumentPeriodEndDate_6" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_7" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="Locator_dei_DocumentFiscalYearFocus_8" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_7" xlink:to="Locator_dei_DocumentFiscalYearFocus_8" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_9" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="Locator_dei_DocumentFiscalPeriodFocus_10" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_9" xlink:to="Locator_dei_DocumentFiscalPeriodFocus_10" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_11" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:label="Locator_dei_TradingSymbol_12" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_11" xlink:to="Locator_dei_TradingSymbol_12" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_13" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:label="Locator_dei_EntityRegistrantName_14" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_13" xlink:to="Locator_dei_EntityRegistrantName_14" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_15" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="Locator_dei_EntityCentralIndexKey_16" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_15" xlink:to="Locator_dei_EntityCentralIndexKey_16" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_17" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="Locator_dei_CurrentFiscalYearEndDate_18" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_17" xlink:to="Locator_dei_CurrentFiscalYearEndDate_18" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_19" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:label="Locator_dei_EntityFilerCategory_20" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_19" xlink:to="Locator_dei_EntityFilerCategory_20" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_21" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="Locator_dei_EntityCommonStockSharesOutstanding_22" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_21" xlink:to="Locator_dei_EntityCommonStockSharesOutstanding_22" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_23" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="Locator_dei_EntityWellKnownSeasonedIssuer_24" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_23" xlink:to="Locator_dei_EntityWellKnownSeasonedIssuer_24" order="12.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_25" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityPublicFloat" xlink:label="Locator_dei_EntityPublicFloat_26" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_25" xlink:to="Locator_dei_EntityPublicFloat_26" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_27" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="Locator_dei_EntityCurrentReportingStatus_28" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_27" xlink:to="Locator_dei_EntityCurrentReportingStatus_28" order="14.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DocumentDocumentandEntityInformationAbstract" xlink:label="Locator_mbi_DocumentDocumentandEntityInformationAbstract_29" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="Locator_dei_EntityVoluntaryFilers_30" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DocumentDocumentandEntityInformationAbstract_29" xlink:to="Locator_dei_EntityVoluntaryFilers_30" order="15.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheets">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_303" xlink:to="Locator_us-gaap_StatementLineItems_304" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_31" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_32" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_31" xlink:to="Locator_us-gaap_AssetsAbstract_32" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_51" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_52" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_51" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_52" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_53" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCosts_54" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_53" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCosts_54" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_55" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageAndSubrogationRecoveriesValue" xlink:label="Locator_us-gaap_SalvageAndSubrogationRecoveriesValue_56" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_55" xlink:to="Locator_us-gaap_SalvageAndSubrogationRecoveriesValue_56" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_57" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_58" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_57" xlink:to="Locator_mbi_InsuranceLossRecoverable_58" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_59" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentNet_60" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_59" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentNet_60" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_61" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_62" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_61" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_62" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_63" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_64" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_63" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_64" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_67" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:label="Locator_us-gaap_Cash_68" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_67" xlink:to="Locator_us-gaap_Cash_68" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_69" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_70" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_69" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_70" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_71" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableFairValueDisclosure" xlink:label="Locator_us-gaap_LoansReceivableFairValueDisclosure_72" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_71" xlink:to="Locator_us-gaap_LoansReceivableFairValueDisclosure_72" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_73" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_74" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_73" xlink:to="Locator_mbi_LoanRepurchaseCommitments_74" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_75" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsNoncurrent" xlink:label="Locator_us-gaap_DerivativeAssetsNoncurrent_76" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_75" xlink:to="Locator_us-gaap_DerivativeAssetsNoncurrent_76" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_37" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_38" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_37" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_38" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_39" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_40" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_39" xlink:to="Locator_us-gaap_TradingSecurities_40" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_41" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_42" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_41" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_42" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_43" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_44" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_43" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_44" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_45" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_46" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_45" xlink:to="Locator_us-gaap_OtherInvestments_46" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_47" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_48" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_47" xlink:to="Locator_us-gaap_Investments_48" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_49" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_50" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_49" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_50" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_65" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_66" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_65" xlink:to="Locator_us-gaap_OtherAssets_66" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_77" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_78" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_77" xlink:to="Locator_us-gaap_Assets_78" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_33" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_33" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_34" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_81" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="Locator_us-gaap_CommitmentsAndContingencies_82" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_81" xlink:to="Locator_us-gaap_CommitmentsAndContingencies_82" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_79" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_80" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_79" xlink:to="Locator_us-gaap_LiabilitiesAbstract_80" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_87" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_88" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_87" xlink:to="Locator_us-gaap_UnearnedPremiums_88" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_89" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_90" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_89" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_90" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_93" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_94" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_93" xlink:to="Locator_us-gaap_MediumTermNotes_94" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_99" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_99" xlink:to="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_100" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_103" xlink:to="Locator_us-gaap_NotesPayable_104" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_95" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_96" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_95" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_96" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_91" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_92" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_91" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_92" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_97" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_98" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_97" xlink:to="Locator_us-gaap_DerivativeLiabilities_98" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_101" xlink:to="Locator_us-gaap_OtherLiabilities_102" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_105" xlink:to="Locator_us-gaap_Liabilities_106" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_83" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_84" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_83" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_84" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestAmountRepresentedByPreferredStock" xlink:label="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_121" xlink:to="Locator_us-gaap_MinorityInterestAmountRepresentedByPreferredStock_122" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_123" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_124" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_107" xlink:to="Locator_us-gaap_PreferredStockValue_108" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_109" xlink:to="Locator_us-gaap_CommonStockValue_110" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_111" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_112" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_113" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_114" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_115" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_116" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_117" xlink:to="Locator_us-gaap_TreasuryStockValue_118" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_119" xlink:to="Locator_us-gaap_StockholdersEquity_120" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_85" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_86" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_85" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_86" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_305" xlink:to="Locator_dei_LegalEntityAxis_306" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_307" xlink:to="Locator_dei_EntityDomain_308" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_309" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_310" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_311" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_312" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_125" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_125" xlink:to="Locator_us-gaap_StatementTable_126" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_397" xlink:to="Locator_us-gaap_StatementLineItems_398" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_313" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_314" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_315" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_316" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_317" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_318" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_319" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_320" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_321" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_322" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:label="Locator_us-gaap_InvestmentOwnedAtFairValue_324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_323" xlink:to="Locator_us-gaap_InvestmentOwnedAtFairValue_324" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_325" xlink:to="Locator_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_326" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayableFairValueDisclosure" xlink:label="Locator_us-gaap_NotesPayableFairValueDisclosure_328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_327" xlink:to="Locator_us-gaap_NotesPayableFairValueDisclosure_328" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_329" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_330" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_331" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_332" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_335" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_336" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_337" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_338" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_339" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_340" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_343" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_344" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes" xlink:label="Locator_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_345" xlink:to="Locator_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes_346" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_341" xlink:to="Locator_us-gaap_CommonStockSharesIssued_342" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_347" xlink:to="Locator_us-gaap_TreasuryStockShares_348" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_333" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_334" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_399" xlink:to="Locator_dei_LegalEntityAxis_400" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_401" xlink:to="Locator_dei_EntityDomain_402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_403" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_404" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_405" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_406" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_351" xlink:to="Locator_us-gaap_StatementTable_352" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_599" xlink:to="Locator_us-gaap_StatementLineItems_600" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_407" xlink:to="Locator_us-gaap_RevenuesAbstract_408" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_417" xlink:to="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_418" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts" xlink:label="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_435" xlink:to="Locator_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts_436" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_437" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount_438" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNetByBusinessAbstract" xlink:label="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PremiumsEarnedNetByBusinessAbstract_439" xlink:to="Locator_us-gaap_PremiumsEarnedNet_440" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_419" xlink:to="Locator_us-gaap_NetInvestmentIncome_420" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FeesAndReimbursements" xlink:label="Locator_mbi_FeesAndReimbursements_422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_421" xlink:to="Locator_mbi_FeesAndReimbursements_422" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_423" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_424" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_441" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_441" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_442" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_443" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_444" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract_445" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_446" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_425" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_425" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_426" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_427" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_428" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_447" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_448" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_449" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_450" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_451" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_452" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_429" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_430" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_431" xlink:to="Locator_us-gaap_OtherIncome_432" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="Locator_us-gaap_RevenuesAbstract_433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RevenuesAbstract_433" xlink:to="Locator_us-gaap_Revenues_434" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_409" xlink:to="Locator_us-gaap_OperatingExpensesAbstract_410" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_453" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_454" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense" xlink:label="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_455" xlink:to="Locator_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense_456" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_457" xlink:to="Locator_us-gaap_OperatingExpenses_458" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_459" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_460" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_459" xlink:to="Locator_us-gaap_InterestExpense_460" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_461" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_462" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_463" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_464" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_465" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_466" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="Locator_us-gaap_OperatingExpensesAbstract_467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OperatingExpensesAbstract_467" xlink:to="Locator_us-gaap_NetIncomeLoss_468" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_411" xlink:to="Locator_us-gaap_EarningsPerShareAbstract_412" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_473" xlink:to="Locator_us-gaap_EarningsPerShareBasic_474" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="Locator_us-gaap_EarningsPerShareAbstract_475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareAbstract_475" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_476" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_413" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_414" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_469" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_470" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_471" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_472" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_601" xlink:to="Locator_dei_LegalEntityAxis_602" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_603" xlink:to="Locator_dei_EntityDomain_604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_605" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_606" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_607" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_608" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_477" xlink:to="Locator_us-gaap_StatementTable_478" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_631" xlink:to="Locator_us-gaap_StatementLineItems_632" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_609" xlink:to="Locator_us-gaap_CededPremiumsEarned_610" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_635" xlink:to="Locator_us-gaap_ProductOrServiceAxis_636" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductOrServiceAxis_645" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_646" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceSegmentMember" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_643" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceSegmentMember_644" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_633" xlink:to="Locator_dei_LegalEntityAxis_634" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_637" xlink:to="Locator_dei_EntityDomain_638" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_639" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_640" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_641" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_642" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_613" xlink:to="Locator_us-gaap_StatementTable_614" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_647" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_648" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_655" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_655" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_656" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_657" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_658" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_659" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_660" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_661" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_662" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_663" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_664" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_665" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_666" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_649" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_650" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_667" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_668" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_669" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_670" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_671" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_672" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_671" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_672" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_673" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_673" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_674" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_675" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_675" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_676" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_677" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_677" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_678" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_651" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_651" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_652" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_685" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax_686" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_687" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationTax_688" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_689" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax_690" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_679" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_680" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_681" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_682" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_683" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_684" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_653" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_654" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_691" xlink:to="Locator_us-gaap_NetIncomeLoss_692" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_693" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_694" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_695" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_696" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_831" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_832" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_833" xlink:to="Locator_us-gaap_EquityComponentDomain_834" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_835" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember" xlink:label="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_835" xlink:to="Locator_mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember_836" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_837" xlink:to="Locator_us-gaap_PreferredStockMember_838" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_839" xlink:to="Locator_us-gaap_ParentMember_840" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockMember" xlink:label="Locator_us-gaap_CommonStockMember_842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_841" xlink:to="Locator_us-gaap_CommonStockMember_842" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="Locator_us-gaap_AdditionalPaidInCapitalMember_844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_843" xlink:to="Locator_us-gaap_AdditionalPaidInCapitalMember_844" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_845" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="Locator_us-gaap_RetainedEarningsMember_846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_845" xlink:to="Locator_us-gaap_RetainedEarningsMember_846" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_847" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_848" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="Locator_us-gaap_TreasuryStockMember_850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ParentMember_849" xlink:to="Locator_us-gaap_TreasuryStockMember_850" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_829" xlink:to="Locator_us-gaap_StatementLineItems_830" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_745" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectOfNewAccountingPrinciple" xlink:label="Locator_mbi_EffectOfNewAccountingPrinciple_746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_745" xlink:to="Locator_mbi_EffectOfNewAccountingPrinciple_746" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption" xlink:label="Locator_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_747" xlink:to="Locator_us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption_748" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_753" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation_754" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_755" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation_756" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_757" xlink:to="Locator_us-gaap_TreasuryStockValueAcquiredCostMethod_758" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_759" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_760" order="12.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_761" xlink:to="Locator_us-gaap_MinorityInterestDecreaseFromRedemptions_762" order="13.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_763" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinorityInterestDecreaseFromRedemptionsShares" xlink:label="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_763" xlink:to="Locator_mbi_MinorityInterestDecreaseFromRedemptionsShares_764" order="14.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_765" xlink:to="Locator_us-gaap_MinorityInterestPeriodIncreaseDecrease_766" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_737" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_738" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_767" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_768" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_739" xlink:to="Locator_us-gaap_CommonStockSharesIssued_740" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_769" xlink:to="Locator_us-gaap_CommonStockSharesIssued_770" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_741" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_741" xlink:to="Locator_us-gaap_TreasuryStockShares_742" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_771" xlink:to="Locator_us-gaap_TreasuryStockShares_772" order="18.0" preferredLabel="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_743" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_744" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_773" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_774" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_751" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_752" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_749" xlink:to="Locator_us-gaap_NetIncomeLoss_750" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="Locator_us-gaap_StatementOfStockholdersEquityAbstract_777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfStockholdersEquityAbstract_777" xlink:to="Locator_us-gaap_StatementTable_778" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_877" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_877" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_878" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_879" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_879" xlink:to="Locator_us-gaap_EquityComponentDomain_880" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentMember" xlink:label="Locator_us-gaap_ParentMember_882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_881" xlink:to="Locator_us-gaap_ParentMember_882" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_875" xlink:to="Locator_us-gaap_StatementLineItems_876" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_851" xlink:to="Locator_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_852" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_853" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_854" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_853" xlink:to="Locator_mbi_ConsolidatedVariableInterestEntitiesTax_854" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeconsolidatedVariableInterestEntitiesTax" xlink:label="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_856" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_855" xlink:to="Locator_mbi_DeconsolidatedVariableInterestEntitiesTax_856" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="Locator_us-gaap_StatementOfStockholdersEquityAbstract_859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_860" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfStockholdersEquityAbstract_859" xlink:to="Locator_us-gaap_StatementTable_860" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsurancePremiumsCollected" xlink:label="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_883" xlink:to="Locator_us-gaap_ProceedsFromInsurancePremiumsCollected_884" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInsuranceSettlementOperatingActivities" xlink:label="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_889" xlink:to="Locator_us-gaap_ProceedsFromInsuranceSettlementOperatingActivities_890" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_891" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid" xlink:label="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_891" xlink:to="Locator_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid_892" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForLossesAndLossAdjustmentExpense" xlink:label="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_893" xlink:to="Locator_us-gaap_PaymentsForLossesAndLossAdjustmentExpense_894" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_895" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromReinsuranceAndRecoveries" xlink:label="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_895" xlink:to="Locator_mbi_ProceedsFromReinsuranceAndRecoveries_896" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_885" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_886" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_887" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_888" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_897" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_898" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_899" xlink:to="Locator_us-gaap_InterestPaidNet_900" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_901" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_902" order="10.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_903" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_904" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_917" xlink:to="Locator_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_918" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_919" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities_920" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_923" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments" xlink:label="Locator_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_923" xlink:to="Locator_us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments_924" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_925" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireLoansReceivable" xlink:label="Locator_us-gaap_PaymentsToAcquireLoansReceivable_926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_925" xlink:to="Locator_us-gaap_PaymentsToAcquireLoansReceivable_926" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable" xlink:label="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_927" xlink:to="Locator_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable_928" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_929" xlink:to="Locator_us-gaap_ProceedsFromSaleOfOtherAssetsInvestingActivities_930" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates" xlink:label="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_931" xlink:to="Locator_us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates_932" order="14.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_933" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromConsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_933" xlink:to="Locator_mbi_ProceedsFromConsolidationOfVariableInterestEntity_934" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsForDeconsolidationOfVariableInterestEntity" xlink:label="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_935" xlink:to="Locator_mbi_PaymentsForDeconsolidationOfVariableInterestEntity_936" order="16.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_941" xlink:to="Locator_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_942" order="19.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_943" xlink:to="Locator_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_944" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_905" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_905" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_906" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_907" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_907" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_908" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_909" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_910" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_911" xlink:to="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_912" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_913" xlink:to="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_914" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_915" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_916" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_921" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_922" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_937" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_938" order="17.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_939" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_940" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_945" xlink:to="Locator_mbi_ContributionsToSubsidiaries_946" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_947" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="Locator_mbi_AdvancesToSubsidiaries_948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_947" xlink:to="Locator_mbi_AdvancesToSubsidiaries_948" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_949" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_950" order="23.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_951" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_952" order="24.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfMediumTermNotes" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_957" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfMediumTermNotes_958" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfMediumTermNotes" xlink:label="Locator_us-gaap_RepaymentsOfMediumTermNotes_960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_959" xlink:to="Locator_us-gaap_RepaymentsOfMediumTermNotes_960" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromNotesPayable" xlink:label="Locator_us-gaap_ProceedsFromNotesPayable_962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_961" xlink:to="Locator_us-gaap_ProceedsFromNotesPayable_962" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfNotesPayable" xlink:label="Locator_us-gaap_RepaymentsOfNotesPayable_964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_963" xlink:to="Locator_us-gaap_RepaymentsOfNotesPayable_964" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="Locator_us-gaap_PaymentsOfDividends_968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_967" xlink:to="Locator_us-gaap_PaymentsOfDividends_968" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_969" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet_970" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToMinorityShareholders" xlink:label="Locator_us-gaap_PaymentsToMinorityShareholders_978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_977" xlink:to="Locator_us-gaap_PaymentsToMinorityShareholders_978" order="13.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_981" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_982" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_953" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_954" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_955" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_956" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_965" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_966" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_971" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_972" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_973" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_974" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_983" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_984" order="16.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_975" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_976" order="12.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_979" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_980" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_985" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_986" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_987" xlink:to="Locator_us-gaap_NetIncomeLoss_988" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_993" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesTotal_994" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_995" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_996" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="Locator_us-gaap_ShareBasedCompensation_1006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1005" xlink:to="Locator_us-gaap_ShareBasedCompensation_1006" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VieInterestNet" xlink:label="Locator_mbi_VieInterestNet_1008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1007" xlink:to="Locator_mbi_VieInterestNet_1008" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_1014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1013" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_1014" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_989" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_989" xlink:to="Locator_mbi_ChangeInAbstract_990" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPremiumsReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1019" xlink:to="Locator_us-gaap_IncreaseDecreaseInPremiumsReceivable_1020" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1021" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts_1022" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1023" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_1024" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve" xlink:label="Locator_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_1026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1025" xlink:to="Locator_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve_1026" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInInsuranceLossRecoverable" xlink:label="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1027" xlink:to="Locator_mbi_IncreaseDecreaseInInsuranceLossRecoverable_1028" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1029" xlink:to="Locator_us-gaap_IncreaseDecreaseInInterestPayableNet_1030" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedLiabilities" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1031" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedLiabilities_1032" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_1033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_1033" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_1034" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1015" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_1016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1015" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_1016" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_991" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_992" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_997" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_997" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_998" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_999" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_999" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_1000" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1001" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_1002" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1003" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_1004" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_1010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1009" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_1010" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1011" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_1012" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1017" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_1018" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_1036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1035" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_1036" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_1038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1037" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_1038" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_1040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1039" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_1040" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1041" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_1042" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1043" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_1044" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="Locator_us-gaap_CashIncludingDiscontinuedOperations_1048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1047" xlink:to="Locator_us-gaap_CashIncludingDiscontinuedOperations_1048" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1045" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1046" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1049" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_1050" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1051" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_1052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1051" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_1052" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1053" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1054" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="Locator_us-gaap_StatementOfCashFlowsAbstract_1055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="Locator_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_1056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfCashFlowsAbstract_1055" xlink:to="Locator_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_1056" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="Locator_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_1057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1" xlink:label="Locator_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1_1058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_1057" xlink:to="Locator_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1_1058" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="Locator_us-gaap_NatureOfOperations_1206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1205" xlink:to="Locator_us-gaap_NatureOfOperations_1206" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPolicies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="Locator_us-gaap_SignificantAccountingPoliciesTextBlock_1208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1207" xlink:to="Locator_us-gaap_SignificantAccountingPoliciesTextBlock_1208" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureRecentAccountingPronouncements">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="Locator_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_1210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1209" xlink:to="Locator_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_1210" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntities">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTextBlock" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_1212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1211" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock_1212" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1213" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock" xlink:label="Locator_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_1214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1213" xlink:to="Locator_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock_1214" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="Locator_us-gaap_FairValueDisclosuresTextBlock_1216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1215" xlink:to="Locator_us-gaap_FairValueDisclosuresTextBlock_1216" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketableSecuritiesTextBlock" xlink:label="Locator_us-gaap_MarketableSecuritiesTextBlock_1218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1217" xlink:to="Locator_us-gaap_MarketableSecuritiesTextBlock_1218" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstruments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="Locator_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_1220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1219" xlink:to="Locator_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_1220" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxes">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="Locator_us-gaap_IncomeTaxDisclosureTextBlock_1222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1221" xlink:to="Locator_us-gaap_IncomeTaxDisclosureTextBlock_1222" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="Locator_us-gaap_SegmentReportingDisclosureTextBlock_1224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1223" xlink:to="Locator_us-gaap_SegmentReportingDisclosureTextBlock_1224" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShare">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="Locator_us-gaap_EarningsPerShareTextBlock_1226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1225" xlink:to="Locator_us-gaap_EarningsPerShareTextBlock_1226" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingencies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1227" xlink:to="Locator_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_1228" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSubsequentEvents">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSubsequentEventsTextBlock" xlink:label="Locator_us-gaap_ScheduleOfSubsequentEventsTextBlock_1230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1229" xlink:to="Locator_us-gaap_ScheduleOfSubsequentEventsTextBlock_1230" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1231" xlink:to="Locator_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_1232" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="Locator_us-gaap_ConsolidationPolicyTextBlock_1234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1233" xlink:to="Locator_us-gaap_ConsolidationPolicyTextBlock_1234" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="Locator_us-gaap_InvestmentPolicyTextBlock_1236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1235" xlink:to="Locator_us-gaap_InvestmentPolicyTextBlock_1236" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPolicyTextBlock_1238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1237" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPolicyTextBlock_1238" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy" xlink:label="Locator_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_1240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1239" xlink:to="Locator_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy_1240" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_1242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1241" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_1242" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="Locator_us-gaap_DerivativesPolicyTextBlock_1244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1243" xlink:to="Locator_us-gaap_DerivativesPolicyTextBlock_1244" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:label="Locator_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_1246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1245" xlink:to="Locator_us-gaap_DerivativesOffsettingFairValueAmountsPolicy_1246" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_1248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1247" xlink:to="Locator_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_1248" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy" xlink:label="Locator_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_1250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1249" xlink:to="Locator_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy_1250" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtPolicyTextBlock" xlink:label="Locator_us-gaap_DebtPolicyTextBlock_1252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1251" xlink:to="Locator_us-gaap_DebtPolicyTextBlock_1252" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsurancePremiumsRevenueRecognitionPolicy" xlink:label="Locator_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_1254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1253" xlink:to="Locator_us-gaap_InsurancePremiumsRevenueRecognitionPolicy_1254" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1255" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="Locator_us-gaap_RevenueRecognitionPolicyTextBlock_1256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1255" xlink:to="Locator_us-gaap_RevenueRecognitionPolicyTextBlock_1256" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="Locator_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_1258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1257" xlink:to="Locator_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_1258" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="Locator_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_1260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1259" xlink:to="Locator_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_1260" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="Locator_us-gaap_IncomeTaxPolicyTextBlock_1262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1261" xlink:to="Locator_us-gaap_IncomeTaxPolicyTextBlock_1262" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="Locator_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_1264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1263" xlink:to="Locator_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_1264" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted" xlink:label="Locator_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_1266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1265" xlink:to="Locator_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted_1266" order="18.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock" xlink:label="Locator_mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock_1268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1267" xlink:to="Locator_mbi_ScheduleOfFairValueOfSubsidiarySoldTableTextBlock_1268" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock" xlink:label="Locator_mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock_1270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1269" xlink:to="Locator_mbi_ScheduleOfLossOnSaleOfSubsidiaryTableTextBlock_1270" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock" xlink:label="Locator_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_1272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1271" xlink:to="Locator_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock_1272" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/VariableInterestEntitiesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock" xlink:label="Locator_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_1274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1273" xlink:to="Locator_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock_1274" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1275" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_1276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1275" xlink:to="Locator_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock_1276" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock" xlink:label="Locator_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_1278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1277" xlink:to="Locator_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock_1278" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_1280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1279" xlink:to="Locator_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock_1280" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1281" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock" xlink:label="Locator_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_1282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1281" xlink:to="Locator_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock_1282" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_1284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1283" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock_1284" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_1286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1285" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock_1286" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_1288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1287" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_1288" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementInputsDisclosureTextBlock" xlink:label="Locator_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_1290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1289" xlink:to="Locator_us-gaap_FairValueMeasurementInputsDisclosureTextBlock_1290" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_1292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1291" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock_1292" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1293" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1294" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1295" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1296" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1297" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="Locator_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1297" xlink:to="Locator_mbi_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_1298" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1299" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock_1300" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock" xlink:label="Locator_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_1302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1301" xlink:to="Locator_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock_1302" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1303" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock" xlink:label="Locator_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_1304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1303" xlink:to="Locator_mbi_ChangesInFairValueIncludedInCompanySConsolidatedIncomeStatementForAllFinancialInstrumentsForWhichFairValueOptionWasElectedTextBlock_1304" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock" xlink:label="Locator_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_1306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1305" xlink:to="Locator_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock_1306" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentTableTextBlock" xlink:label="Locator_invest_InvestmentTableTextBlock_1308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1307" xlink:to="Locator_invest_InvestmentTableTextBlock_1308" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock" xlink:label="Locator_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_1310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1309" xlink:to="Locator_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock_1310" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_1312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1311" xlink:to="Locator_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock_1312" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock" xlink:label="Locator_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_1314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1313" xlink:to="Locator_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock_1314" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock" xlink:label="Locator_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_1316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1315" xlink:to="Locator_mbi_ScheduleOfFairValuesAndGrossUnrealizedLossesByCreditRatingCategoryTableTextBlock_1316" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock" xlink:label="Locator_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_1318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1317" xlink:to="Locator_mbi_ScheduleOfAbsMbsAndCorporateObligationsGuaranteedByFinancialGuarantorsTableTextBlock_1318" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock" xlink:label="Locator_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_1320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1319" xlink:to="Locator_mbi_ScheduleOfSignificantInputsUsedInMeasurementOfCreditLossComponentRecognizedInEarningsTableTextBlock_1320" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock" xlink:label="Locator_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_1322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1321" xlink:to="Locator_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock_1322" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_1324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1323" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock_1324" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRealizedGainLossTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_1326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1325" xlink:to="Locator_us-gaap_ScheduleOfRealizedGainLossTableTextBlock_1326" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCreditDerivativesTextBlock" xlink:label="Locator_us-gaap_DisclosureOfCreditDerivativesTextBlock_1328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1327" xlink:to="Locator_us-gaap_DisclosureOfCreditDerivativesTextBlock_1328" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_1330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1329" xlink:to="Locator_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock_1330" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_1332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1331" xlink:to="Locator_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_1332" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_1334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1333" xlink:to="Locator_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_1334" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_1336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1335" xlink:to="Locator_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_1336" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_1338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1337" xlink:to="Locator_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_1338" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1339" xlink:to="Locator_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_1340" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_1342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1341" xlink:to="Locator_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_1342" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock" xlink:label="Locator_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_1344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1343" xlink:to="Locator_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock_1344" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1345" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock" xlink:label="Locator_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_1346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1345" xlink:to="Locator_mbi_PremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskTableTextBlock_1346" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock" xlink:label="Locator_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_1348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1347" xlink:to="Locator_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock_1348" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1349" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="Locator_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_1350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1349" xlink:to="Locator_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock_1350" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_1351" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock" xlink:label="Locator_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_1352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_1351" xlink:to="Locator_mbi_Scheduleofrevisedbasicanddilutedearningspersharetabletextblock_1352" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_1625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_1626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_1625" xlink:to="Locator_us-gaap_EquityComponentDomain_1626" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_1627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_1627" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeMember_1628" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_1579" xlink:to="Locator_dei_EntityDomain_1580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1585" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsSegmentMember" xlink:label="Locator_mbi_AssetLiabilityProductsSegmentMember_1586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1585" xlink:to="Locator_mbi_AssetLiabilityProductsSegmentMember_1586" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1591" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalHoldingsMember" xlink:label="Locator_mbi_NationalHoldingsMember_1592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1591" xlink:to="Locator_mbi_NationalHoldingsMember_1592" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1593" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncTotalMember" xlink:label="Locator_mbi_MbiaIncTotalMember_1594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1593" xlink:to="Locator_mbi_MbiaIncTotalMember_1594" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1595" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterHoldingsMember" xlink:label="Locator_mbi_CutwaterHoldingsMember_1596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1595" xlink:to="Locator_mbi_CutwaterHoldingsMember_1596" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SocietegeneraleMember" xlink:label="Locator_mbi_SocietegeneraleMember_1600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1599" xlink:to="Locator_mbi_SocietegeneraleMember_1600" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1603" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_1604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1603" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_1604" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="Locator_mbi_MBIACorpFinancingFacilityMember_1598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1597" xlink:to="Locator_mbi_MBIACorpFinancingFacilityMember_1598" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1583" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1583" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_1584" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1581" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_1582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1581" xlink:to="Locator_mbi_MbiaIncMember_1582" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1587" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_1588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1587" xlink:to="Locator_mbi_MbiaCorpMember_1588" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_1590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1589" xlink:to="Locator_mbi_NationalMember_1590" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_1606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1605" xlink:to="Locator_mbi_MbiaUkMember_1606" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_1602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1601" xlink:to="Locator_mbi_WarburgPincusMember_1602" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1557" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1557" xlink:to="Locator_us-gaap_BusinessAcquisitionLineItems_1558" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_1354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1353" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_1354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SeveranceCosts1" xlink:label="Locator_us-gaap_SeveranceCosts1_1356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1355" xlink:to="Locator_us-gaap_SeveranceCosts1_1356" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationSettlementExpense" xlink:label="Locator_us-gaap_LitigationSettlementExpense_1358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1357" xlink:to="Locator_us-gaap_LitigationSettlementExpense_1358" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_1360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1359" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_1360" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1361" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_1362" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1363" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_1364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1363" xlink:to="Locator_mbi_WarrantTerm_1364" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1365" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_1366" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_1368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1367" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_1368" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1369" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_1370" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1371" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1371" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_1372" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1373" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_1374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1373" xlink:to="Locator_mbi_LiquidAssets_1374" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1375" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReleaseFromTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1375" xlink:to="Locator_mbi_ReleaseFromTaxSharingAgreementEscrowAccount_1376" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1377" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount" xlink:label="Locator_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_1378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1377" xlink:to="Locator_mbi_AmountPaidIntoTaxSharingAgreementEscrowAccount_1378" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1379" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimPayments" xlink:label="Locator_mbi_ClaimPayments_1380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1379" xlink:to="Locator_mbi_ClaimPayments_1380" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1381" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedGrossInsuredExposure" xlink:label="Locator_mbi_CommutedGrossInsuredExposure_1382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1381" xlink:to="Locator_mbi_CommutedGrossInsuredExposure_1382" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1383" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateClaimAmount" xlink:label="Locator_mbi_AggregateClaimAmount_1384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1383" xlink:to="Locator_mbi_AggregateClaimAmount_1384" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1385" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentForSaleOfSubsidiary" xlink:label="Locator_mbi_PaymentForSaleOfSubsidiary_1386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1385" xlink:to="Locator_mbi_PaymentForSaleOfSubsidiary_1386" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_1388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1387" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_1388" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1389" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt_1390" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_1392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1391" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_1392" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedShares" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedShares_1394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1393" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedShares_1394" order="21.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1395" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsiderationForWarrantsIssuedAmount" xlink:label="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1395" xlink:to="Locator_mbi_ConsiderationForWarrantsIssuedAmount_1396" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1397" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonStockSharesSold" xlink:label="Locator_mbi_CommonStockSharesSold_1398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1397" xlink:to="Locator_mbi_CommonStockSharesSold_1398" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1399" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingBonds" xlink:label="Locator_mbi_OutstandingBonds_1400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1399" xlink:to="Locator_mbi_OutstandingBonds_1400" order="24.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalDate1" xlink:label="Locator_us-gaap_DisposalDate1_1402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1401" xlink:to="Locator_us-gaap_DisposalDate1_1402" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_1404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1403" xlink:to="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_1404" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1405" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_1406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1405" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_1406" order="27.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1407" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Liquidityincrease" xlink:label="Locator_mbi_Liquidityincrease_1408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1407" xlink:to="Locator_mbi_Liquidityincrease_1408" order="28.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_1410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1409" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_1410" order="29.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="Locator_us-gaap_BusinessAcquisitionLineItems_1411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="Locator_us-gaap_GainLossOnSaleOfBusiness_1412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BusinessAcquisitionLineItems_1411" xlink:to="Locator_us-gaap_GainLossOnSaleOfBusiness_1412" order="30.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1559" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1560" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_1571" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashMember" xlink:label="Locator_us-gaap_CashMember_1574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1573" xlink:to="Locator_us-gaap_CashMember_1574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1575" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_1576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1575" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_1576" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1577" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_1578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_1577" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_1578" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1563" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1563" xlink:to="Locator_mbi_CommutedExposureAxis_1564" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureAxis" xlink:label="Locator_mbi_CommutedExposureAxis_1607" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureAxis_1607" xlink:to="Locator_mbi_CommutedExposureDomain_1608" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1609" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalCommutedExposureMember" xlink:label="Locator_mbi_TotalCommutedExposureMember_1610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureDomain_1609" xlink:to="Locator_mbi_TotalCommutedExposureMember_1610" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommutedExposureDomain" xlink:label="Locator_mbi_CommutedExposureDomain_1611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PreviouslyReportedCommutedExposureMember" xlink:label="Locator_mbi_PreviouslyReportedCommutedExposureMember_1612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommutedExposureDomain_1611" xlink:to="Locator_mbi_PreviouslyReportedCommutedExposureMember_1612" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="Locator_us-gaap_MajorCustomersAxis_1568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1567" xlink:to="Locator_us-gaap_MajorCustomersAxis_1568" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorCustomersAxis" xlink:label="Locator_us-gaap_MajorCustomersAxis_1617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorCustomersAxis_1617" xlink:to="Locator_us-gaap_NameOfMajorCustomerDomain_1618" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar1Member" xlink:label="Locator_mbi_Zohar1Member_1620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1619" xlink:to="Locator_mbi_Zohar1Member_1620" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Zohar2Member" xlink:label="Locator_mbi_Zohar2Member_1622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1621" xlink:to="Locator_mbi_Zohar2Member_1622" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NameOfMajorCustomerDomain" xlink:label="Locator_us-gaap_NameOfMajorCustomerDomain_1623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PuertoRicoMember" xlink:label="Locator_mbi_PuertoRicoMember_1624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NameOfMajorCustomerDomain_1623" xlink:to="Locator_mbi_PuertoRicoMember_1624" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_1570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1569" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_1570" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1561" xlink:to="Locator_dei_LegalEntityAxis_1562" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1565" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_1566" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_1613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_1613" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_1614" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_1615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_1616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_1615" xlink:to="Locator_us-gaap_SubsequentEventMember_1616" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract" xlink:label="Locator_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_1415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessDevelopmentsRisksAndUncertaintiesAndLiquidityNarrativeAbstract_1415" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_1416" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_1693" xlink:to="Locator_us-gaap_VariableInterestEntityLineItems_1694" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount" xlink:label="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1631" xlink:to="Locator_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount_1632" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_1634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1633" xlink:to="Locator_us-gaap_Investments_1634" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1635" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_1636" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1637" xlink:to="Locator_mbi_InsuranceLossRecoverable_1638" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_1640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1639" xlink:to="Locator_us-gaap_UnearnedPremiums_1640" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1641" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1642" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_1644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1643" xlink:to="Locator_us-gaap_DerivativeLiabilities_1644" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1629" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1630" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1645" xlink:to="Locator_us-gaap_TradingSecurities_1646" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_1698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_1697" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_1698" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_1707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_1707" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_1708" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_1710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1709" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_1710" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1711" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_1712" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1713" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_1714" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_1716" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1715" xlink:to="Locator_mbi_ConsumerAssetBackedMember_1716" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_1717" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_1718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_1717" xlink:to="Locator_mbi_CorporateAssetBackedMember_1718" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_1695" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1696" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_1699" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_1700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInsuranceMember" xlink:label="Locator_mbi_TotalInsuranceMember_1706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1705" xlink:to="Locator_mbi_TotalInsuranceMember_1706" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_1704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1703" xlink:to="Locator_mbi_GlobalPublicFinanceMember_1704" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_1701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_1702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_1701" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_1702" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract" xlink:label="Locator_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_1649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_1650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesAbstract_1649" xlink:to="Locator_us-gaap_StatementTable_1650" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1720" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1719" xlink:to="Locator_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets_1720" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1722" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1721" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_1722" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities" xlink:label="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1724" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1723" xlink:to="Locator_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities_1724" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_1726" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1725" xlink:to="Locator_us-gaap_TradingSecurities_1726" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesConsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1728" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1727" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesConsolidated_1728" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeconsolidationGainOrLossAmount" xlink:label="Locator_us-gaap_DeconsolidationGainOrLossAmount_1730" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1729" xlink:to="Locator_us-gaap_DeconsolidationGainOrLossAmount_1730" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss" xlink:label="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1732" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1731" xlink:to="Locator_us-gaap_VariableInterestEntityInitialConsolidationGainOrLoss_1732" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1733" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfVariableInterestEntitiesDeconsolidated" xlink:label="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1734" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntityLineItems_1733" xlink:to="Locator_mbi_NumberOfVariableInterestEntitiesDeconsolidated_1734" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1795" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1796" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1797" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1798" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1799" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1800" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1801" xlink:to="Locator_us-gaap_SegmentDomain_1802" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1803" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_1804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1803" xlink:to="Locator_mbi_AdvisoryServicesMember_1804" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1805" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1806" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_1789" xlink:to="Locator_invest_InvestmentDomain_1790" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialIntermediaryMember" xlink:label="Locator_mbi_FinancialIntermediaryMember_1792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1791" xlink:to="Locator_mbi_FinancialIntermediaryMember_1792" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_1793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedLoanObligationsMember" xlink:label="Locator_us-gaap_CollateralizedLoanObligationsMember_1794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_1793" xlink:to="Locator_us-gaap_CollateralizedLoanObligationsMember_1794" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="Locator_us-gaap_VariableInterestEntityLineItems_1782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1781" xlink:to="Locator_us-gaap_VariableInterestEntityLineItems_1782" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_1786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1785" xlink:to="Locator_invest_InvestmentAxis_1786" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1787" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1788" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1783" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1784" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureVariableInterestEntitiesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_1737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureVariableInterestEntitiesNarrativeAbstract_1737" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_1738" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1911" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1912" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1915" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_1916" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_1913" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_1914" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_1895" xlink:to="Locator_dei_EntityDomain_1896" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_1898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1897" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_1898" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_1899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_1899" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_1900" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1901" xlink:to="Locator_us-gaap_SegmentDomain_1902" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienRmbsMember" xlink:label="Locator_mbi_FirstLienRmbsMember_1906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1905" xlink:to="Locator_mbi_FirstLienRmbsMember_1906" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_1910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1909" xlink:to="Locator_mbi_AllOtherMember_1910" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1903" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1904" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="Locator_mbi_CDOsMember_1908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1907" xlink:to="Locator_mbi_CDOsMember_1908" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_1886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1885" xlink:to="Locator_dei_LegalEntityAxis_1886" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1889" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_1890" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1891" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1891" xlink:to="Locator_mbi_LoanStatusAxis_1892" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusAxis" xlink:label="Locator_mbi_LoanStatusAxis_1917" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusAxis_1917" xlink:to="Locator_mbi_LoanStatusDomain_1918" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1919" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExcessSpreadMember" xlink:label="Locator_mbi_ExcessSpreadMember_1920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_1919" xlink:to="Locator_mbi_ExcessSpreadMember_1920" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanStatusDomain" xlink:label="Locator_mbi_LoanStatusDomain_1921" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutBackMember" xlink:label="Locator_mbi_PutBackMember_1922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LoanStatusDomain_1921" xlink:to="Locator_mbi_PutBackMember_1922" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1887" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1888" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1883" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1883" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1884" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1807" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitments" xlink:label="Locator_mbi_LoanRepurchaseCommitments_1808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1807" xlink:to="Locator_mbi_LoanRepurchaseCommitments_1808" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1809" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1809" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_1810" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimatedInsuranceRecoveries" xlink:label="Locator_us-gaap_EstimatedInsuranceRecoveries_1812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1811" xlink:to="Locator_us-gaap_EstimatedInsuranceRecoveries_1812" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1813" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_1814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1813" xlink:to="Locator_mbi_InsuranceLossRecoverable_1814" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1817" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1818" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1815" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1815" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1816" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1893" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1893" xlink:to="Locator_mbi_ClaimLiabilityAxis_1894" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_1923" xlink:to="Locator_mbi_ClaimLiabilityDomain_1924" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1929" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_1930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_1929" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_1930" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_1926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_1925" xlink:to="Locator_mbi_LossAndLaeReservesMember_1926" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_1927" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_1928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_1927" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_1928" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract_1821" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesRecoveriesNarrativeAbstract_1821" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1822" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_1995" xlink:to="Locator_us-gaap_SegmentDomain_1996" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_1997" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_1997" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_1998" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_1951" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesLossAndLossAdjustmentExpenseActivityNarrativeAbstract_1951" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1952" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_1994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1993" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_1994" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1989" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1989" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1990" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_1932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1931" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate_1932" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1933" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalEstimatedInsuranceRecoveries" xlink:label="Locator_mbi_TotalEstimatedInsuranceRecoveries_1934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1933" xlink:to="Locator_mbi_TotalEstimatedInsuranceRecoveries_1934" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1935" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments" xlink:label="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_1936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1935" xlink:to="Locator_mbi_LossesAndLossAdjustmentExpensesRelatedToActualAndExpectedPayments_1936" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1937" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages" xlink:label="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1937" xlink:to="Locator_mbi_ChangeInRecoveriesOfActualAndExpectedPaymentsRelatedToIneligibleMortgages_1938" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1939" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseToCaseBasisReserves" xlink:label="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1939" xlink:to="Locator_mbi_IncreaseDecreaseToCaseBasisReserves_1940" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceReceivablesCaseBasis" xlink:label="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_1942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1941" xlink:to="Locator_us-gaap_ReinsuranceReceivablesCaseBasis_1942" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1943" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions" xlink:label="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_1944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1943" xlink:to="Locator_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions_1944" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1947" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_1948" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_1945" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_1946" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1991" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_1991" xlink:to="Locator_mbi_ClaimLiabilityAxis_1992" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_1999" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_1999" xlink:to="Locator_mbi_ClaimLiabilityDomain_2000" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2001" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2002" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LaeMember" xlink:label="Locator_mbi_LaeMember_2004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2003" xlink:to="Locator_mbi_LaeMember_2004" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IneligibleMortgageLoansMember" xlink:label="Locator_mbi_IneligibleMortgageLoansMember_2006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2005" xlink:to="Locator_mbi_IneligibleMortgageLoansMember_2006" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2033" xlink:to="Locator_us-gaap_SegmentDomain_2034" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2037" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember" xlink:label="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2037" xlink:to="Locator_mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember_2038" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2039" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FirstLienResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2039" xlink:to="Locator_mbi_FirstLienResidentialMortgageBackedSecuritiesMember_2040" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2041" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CDOsMember" xlink:label="Locator_mbi_CDOsMember_2042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2041" xlink:to="Locator_mbi_CDOsMember_2042" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2043" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember" xlink:label="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2043" xlink:to="Locator_mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember_2044" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2035" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_2036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2035" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_2036" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2031" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2032" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2029" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2029" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2030" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2007" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_2008" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract_2011" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseScheduleOfLossesAndLossAdjustmentExpensesAbstract_2011" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2012" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2119" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2119" xlink:to="Locator_mbi_SurveillanceCategoriesAxis_2120" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesAxis" xlink:label="Locator_mbi_SurveillanceCategoriesAxis_2121" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesAxis_2121" xlink:to="Locator_mbi_SurveillanceCategoriesDomain_2122" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2123" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListLowMember" xlink:label="Locator_mbi_CautionListLowMember_2124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2123" xlink:to="Locator_mbi_CautionListLowMember_2124" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListMediumMember" xlink:label="Locator_mbi_CautionListMediumMember_2126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2125" xlink:to="Locator_mbi_CautionListMediumMember_2126" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2127" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CautionListHighMember" xlink:label="Locator_mbi_CautionListHighMember_2128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2127" xlink:to="Locator_mbi_CautionListHighMember_2128" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurveillanceCategoriesDomain" xlink:label="Locator_mbi_SurveillanceCategoriesDomain_2129" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassifiedListMember" xlink:label="Locator_mbi_ClassifiedListMember_2130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_SurveillanceCategoriesDomain_2129" xlink:to="Locator_mbi_ClassifiedListMember_2130" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2117" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2117" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2118" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2045" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfPolicies" xlink:label="Locator_mbi_NumberOfPolicies_2046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2045" xlink:to="Locator_mbi_NumberOfPolicies_2046" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2047" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding_2048" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod" xlink:label="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2049" xlink:to="Locator_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod_2050" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2051" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal_2052" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2053" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest_2054" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2055" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding_2056" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2057" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability_2058" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2059" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries_2060" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2061" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount_2062" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2063" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability_2064" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue" xlink:label="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2065" xlink:to="Locator_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue_2066" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_2069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityAbstract_2069" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2070" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2175" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2175" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2176" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2133" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossPaymentsForCasesWithReserves" xlink:label="Locator_mbi_LossPaymentsForCasesWithReserves_2134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2133" xlink:to="Locator_mbi_LossPaymentsForCasesWithReserves_2134" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2135" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount_2136" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2137" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate_2138" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2139" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2139" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions_2140" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInUnearnedPremiums" xlink:label="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2141" xlink:to="Locator_us-gaap_IncreaseDecreaseInUnearnedPremiums_2142" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2143" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve" xlink:label="Locator_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_2144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2143" xlink:to="Locator_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve_2144" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2145" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2145" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther_2146" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2131" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2132" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense" xlink:label="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseLineItems_2147" xlink:to="Locator_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_2148" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2177" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2177" xlink:to="Locator_mbi_ClaimLiabilityAxis_2178" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2179" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2179" xlink:to="Locator_mbi_ClaimLiabilityDomain_2180" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2181" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLaeReservesMember" xlink:label="Locator_mbi_LossAndLaeReservesMember_2182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2181" xlink:to="Locator_mbi_LossAndLaeReservesMember_2182" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_2151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseReservesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesAbstract_2151" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseReservesTable_2152" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_2249" xlink:to="Locator_us-gaap_SegmentDomain_2250" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_2251" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_2251" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesMember_2252" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2253" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityAxis_2253" xlink:to="Locator_mbi_ClaimLiabilityDomain_2254" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableMember" xlink:label="Locator_mbi_InsuranceLossRecoverableMember_2256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2255" xlink:to="Locator_mbi_InsuranceLossRecoverableMember_2256" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityDomain" xlink:label="Locator_mbi_ClaimLiabilityDomain_2257" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveriesOnUnpaidLossesMember" xlink:label="Locator_mbi_RecoveriesOnUnpaidLossesMember_2258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ClaimLiabilityDomain_2257" xlink:to="Locator_mbi_RecoveriesOnUnpaidLossesMember_2258" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract" xlink:label="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_2209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureLossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesAbstract_2209" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2210" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2243" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2243" xlink:to="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2244" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2189" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CollectionsForCasesWithRecoveries" xlink:label="Locator_mbi_CollectionsForCasesWithRecoveries_2190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2189" xlink:to="Locator_mbi_CollectionsForCasesWithRecoveries_2190" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2191" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2191" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries_2192" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2193" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate_2194" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2195" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions_2196" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries" xlink:label="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2197" xlink:to="Locator_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries_2198" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2199" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2199" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther_2200" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2183" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2183" xlink:to="Locator_mbi_InsuranceLossRecoverable_2184" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverable" xlink:label="Locator_mbi_InsuranceLossRecoverable_2202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2201" xlink:to="Locator_mbi_InsuranceLossRecoverable_2202" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2185" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2186" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2203" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossReserveRecoveriesOnUnpaidLosses" xlink:label="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2203" xlink:to="Locator_mbi_GrossReserveRecoveriesOnUnpaidLosses_2204" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2187" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2188" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses" xlink:label="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems_2205" xlink:to="Locator_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses_2206" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_2246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2245" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_2246" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossAndLossAdjustmentExpenseRecoveriesTable" xlink:label="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClaimLiabilityAxis" xlink:label="Locator_mbi_ClaimLiabilityAxis_2248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_LossAndLossAdjustmentExpenseRecoveriesTable_2247" xlink:to="Locator_mbi_ClaimLiabilityAxis_2248" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2351" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2352" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsAxis_2353" xlink:to="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2355" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2355" xlink:to="Locator_mbi_BETValuationModelMember_2356" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain" xlink:label="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2357" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueConcentrationOfRiskDisclosureItemsDomain_2357" xlink:to="Locator_mbi_DirectPriceModelMember_2358" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2349" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2350" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2259" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2259" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderBetModel_2260" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel" xlink:label="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2261" xlink:to="Locator_mbi_PercentageOfInsuredCreditDerivativesValueUnderDirectPriceModelAndDualDefaultModel_2262" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel" xlink:label="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2263" xlink:to="Locator_mbi_PercentageOfSectorSpecificTransactionsValuedUsingBetModel_2264" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingCorporateSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2265" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingCorporateSpread_2266" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2267" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingSpreadBenchmarkFromMostRelevantSpreadSource_2268" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread" xlink:label="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2269" xlink:to="Locator_mbi_PercentageOfTransactionsValuedUsingWarfSourcedAndOrRatingsSourceCreditSpread_2270" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2271" xlink:to="Locator_us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_2272" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability" xlink:label="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2273" xlink:to="Locator_mbi_ImpactOfNonPerformanceRiskOnInsuredDerivativeLiability_2274" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2275" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2275" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue_2276" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue" xlink:label="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2277" xlink:to="Locator_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue_2278" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelThree" xlink:label="Locator_mbi_TransfersIntoLevelThree_2280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2279" xlink:to="Locator_mbi_TransfersIntoLevelThree_2280" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2281" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelThree" xlink:label="Locator_mbi_TransfersOutOfLevelThree_2282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2281" xlink:to="Locator_mbi_TransfersOutOfLevelThree_2282" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2283" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoLevelTwo" xlink:label="Locator_mbi_TransfersIntoLevelTwo_2284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2283" xlink:to="Locator_mbi_TransfersIntoLevelTwo_2284" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2285" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersOutOfLevelTwo" xlink:label="Locator_mbi_TransfersOutOfLevelTwo_2286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2285" xlink:to="Locator_mbi_TransfersOutOfLevelTwo_2286" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2287" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransfersIntoAndOutOfLevelOne" xlink:label="Locator_mbi_TransfersIntoAndOutOfLevelOne_2288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2287" xlink:to="Locator_mbi_TransfersIntoAndOutOfLevelOne_2288" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2289" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2289" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersIntoLevelThree_2290" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2291" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2291" xlink:to="Locator_mbi_NetUnrealizedGainsRelatedToTransfersOutOfLevelThree_2292" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree" xlink:label="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2293" xlink:to="Locator_mbi_NetUnrealizedLossRelatedToTransfersOutOfLevelThree_2294" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2295" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateOnSurplusNotes" xlink:label="Locator_mbi_InterestRateOnSurplusNotes_2296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_2295" xlink:to="Locator_mbi_InterestRateOnSurplusNotes_2296" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementNarrativeAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementNarrativeAbstract_2299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementNarrativeAbstract_2299" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_2300" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_2501" xlink:to="Locator_us-gaap_RangeMember_2502" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_2540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_2539" xlink:to="Locator_us-gaap_WeightedAverageMember_2540" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_2536" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_2535" xlink:to="Locator_us-gaap_MinimumMember_2536" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_2537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_2538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_2537" xlink:to="Locator_us-gaap_MaximumMember_2538" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2487" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2491" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_2492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2491" xlink:to="Locator_mbi_CreditDerivativesMember_2492" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2489" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2490" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_2477" xlink:to="Locator_invest_InvestmentDomain_2478" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2481" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MultiSectorCDOMember" xlink:label="Locator_mbi_MultiSectorCDOMember_2482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2481" xlink:to="Locator_mbi_MultiSectorCDOMember_2482" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2485" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialmortgagebackedandmultisectorcdomemberMember" xlink:label="Locator_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_2486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2485" xlink:to="Locator_mbi_CommercialmortgagebackedandmultisectorcdomemberMember_2486" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2483" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_2484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2483" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_2484" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2479" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2479" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2480" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2493" xlink:to="Locator_us-gaap_ReceivableTypeDomain_2494" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2499" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_2500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2499" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_2500" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_2496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2495" xlink:to="Locator_us-gaap_LoansReceivableMember_2496" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2497" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2497" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2498" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_2371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementQuantitativeInformationRegardingSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_2371" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2372" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2463" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2464" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2359" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangePercentage" xlink:label="Locator_mbi_FairValueMeasurementRangePercentage_2360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2359" xlink:to="Locator_mbi_FairValueMeasurementRangePercentage_2360" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2361" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementRangeDollars" xlink:label="Locator_mbi_FairValueMeasurementRangeDollars_2362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2361" xlink:to="Locator_mbi_FairValueMeasurementRangeDollars_2362" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2363" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueDisclosureWeightedAverageInYears" xlink:label="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2363" xlink:to="Locator_mbi_FairValueDisclosureWeightedAverageInYears_2364" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2365" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2366" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems_2367" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_2368" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2465" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2467" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2468" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2469" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_2470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2469" xlink:to="Locator_mbi_UnobservableInputAxis_2470" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputAxis" xlink:label="Locator_mbi_UnobservableInputAxis_2503" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputAxis_2503" xlink:to="Locator_mbi_UnobservableInputDomain_2504" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2505" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ImpactOfFinancialGuaranteeMember" xlink:label="Locator_mbi_ImpactOfFinancialGuaranteeMember_2506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2505" xlink:to="Locator_mbi_ImpactOfFinancialGuaranteeMember_2506" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RecoveryRatesMember" xlink:label="Locator_mbi_RecoveryRatesMember_2508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2507" xlink:to="Locator_mbi_RecoveryRatesMember_2508" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2509" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BreachRateMember" xlink:label="Locator_mbi_BreachRateMember_2510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2509" xlink:to="Locator_mbi_BreachRateMember_2510" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2511" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonperformanceRiskMember" xlink:label="Locator_mbi_NonperformanceRiskMember_2512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2511" xlink:to="Locator_mbi_NonperformanceRiskMember_2512" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2513" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageLifeMember" xlink:label="Locator_mbi_WeightedAverageLifeMember_2514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2513" xlink:to="Locator_mbi_WeightedAverageLifeMember_2514" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2515" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommercialMortgageBackedSecuritiesSpreadsMember" xlink:label="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_2516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2515" xlink:to="Locator_mbi_CommercialMortgageBackedSecuritiesSpreadsMember_2516" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnobservableInputDomain" xlink:label="Locator_mbi_UnobservableInputDomain_2517" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowsMember" xlink:label="Locator_mbi_DiscountedCashFlowsMember_2518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_UnobservableInputDomain_2517" xlink:to="Locator_mbi_DiscountedCashFlowsMember_2518" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2471" xlink:to="Locator_invest_InvestmentAxis_2472" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_2474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2473" xlink:to="Locator_us-gaap_RangeAxis_2474" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_2476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTable_2475" xlink:to="Locator_us-gaap_ValuationTechniqueAxis_2476" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="Locator_us-gaap_ValuationTechniqueAxis_2519" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueAxis_2519" xlink:to="Locator_us-gaap_ValuationTechniqueDomain_2520" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2521" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember" xlink:label="Locator_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_2522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2521" xlink:to="Locator_mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember_2522" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2523" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountedCashFlowMember" xlink:label="Locator_mbi_DiscountedCashFlowMember_2524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2523" xlink:to="Locator_mbi_DiscountedCashFlowMember_2524" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2525" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember" xlink:label="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_2526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2525" xlink:to="Locator_mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember_2526" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember" xlink:label="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_2528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2527" xlink:to="Locator_mbi_QuotedmarketpricesofvieassetsadjustedforfinancialguaranteesprovidedormarketpricesofsimilarsecuritiesMember_2528" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BETValuationModelMember" xlink:label="Locator_mbi_BETValuationModelMember_2530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2529" xlink:to="Locator_mbi_BETValuationModelMember_2530" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2531" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DirectPriceModelMember" xlink:label="Locator_mbi_DirectPriceModelMember_2532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2531" xlink:to="Locator_mbi_DirectPriceModelMember_2532" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="Locator_us-gaap_ValuationTechniqueDomain_2533" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BetanddualdefaultvaluationmodelsMember" xlink:label="Locator_mbi_BetanddualdefaultvaluationmodelsMember_2534" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ValuationTechniqueDomain_2533" xlink:to="Locator_mbi_BetanddualdefaultvaluationmodelsMember_2534" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2773" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2774" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2775" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2703" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2704" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherFixedMaturityInvestmentsMember" xlink:label="Locator_mbi_OtherFixedMaturityInvestmentsMember_2710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2709" xlink:to="Locator_mbi_OtherFixedMaturityInvestmentsMember_2710" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_2708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2707" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_2708" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_2706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_2705" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_2706" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2817" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2818" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_2817" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_2818" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_2788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2787" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_2788" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_2790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2789" xlink:to="Locator_mbi_DerivativeAssetsMember_2790" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2791" xlink:to="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2792" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2795" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_2796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2795" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_2796" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2799" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesheldforsaleMember" xlink:label="Locator_mbi_LiabilitiesheldforsaleMember_2800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2799" xlink:to="Locator_mbi_LiabilitiesheldforsaleMember_2800" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2801" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableBondsMember" xlink:label="Locator_mbi_TaxableBondsMember_2802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2801" xlink:to="Locator_mbi_TaxableBondsMember_2802" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2803" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxExemptBondsMember" xlink:label="Locator_mbi_TaxExemptBondsMember_2804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2803" xlink:to="Locator_mbi_TaxExemptBondsMember_2804" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalInvestmentsMember" xlink:label="Locator_mbi_TotalInvestmentsMember_2806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2805" xlink:to="Locator_mbi_TotalInvestmentsMember_2806" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2807" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_2808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2807" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_2808" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_2798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2797" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_2798" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_2786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2785" xlink:to="Locator_us-gaap_FixedMaturitiesMember_2786" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_2793" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_2794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_2793" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_2794" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_2717" xlink:to="Locator_invest_InvestmentDomain_2718" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2745" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansreceivableatfairvalueMember" xlink:label="Locator_mbi_LoansreceivableatfairvalueMember_2746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2745" xlink:to="Locator_mbi_LoansreceivableatfairvalueMember_2746" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_2752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2751" xlink:to="Locator_us-gaap_WarrantMember_2752" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldNotYetPurchasedMember" xlink:label="Locator_us-gaap_SecuritiesSoldNotYetPurchasedMember_2754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2753" xlink:to="Locator_us-gaap_SecuritiesSoldNotYetPurchasedMember_2754" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2757" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableforloanspurchasedMember" xlink:label="Locator_mbi_PayableforloanspurchasedMember_2758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2757" xlink:to="Locator_mbi_PayableforloanspurchasedMember_2758" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2759" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativesMember" xlink:label="Locator_mbi_OtherDerivativesMember_2760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2759" xlink:to="Locator_mbi_OtherDerivativesMember_2760" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_2766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2765" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_2766" order="24.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedIncomeFundsMember" xlink:label="Locator_us-gaap_FixedIncomeFundsMember_2768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2767" xlink:to="Locator_us-gaap_FixedIncomeFundsMember_2768" order="25.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_2726" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2725" xlink:to="Locator_mbi_CorporateObligationMember_2726" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2739" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_2740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2739" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_2740" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_2748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2747" xlink:to="Locator_us-gaap_MediumTermNotesMember_2748" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_2742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2741" xlink:to="Locator_mbi_CreditDerivativesMember_2742" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_2744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2743" xlink:to="Locator_mbi_InterestRateDerivativesMember_2744" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2755" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_2756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2755" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_2756" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_2750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2749" xlink:to="Locator_mbi_CurrencyDerivativesMember_2750" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_2762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2761" xlink:to="Locator_us-gaap_EquitySecuritiesMember_2762" order="22.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_2770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2769" xlink:to="Locator_us-gaap_OtherAssetsMember_2770" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2771" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPayableMember" xlink:label="Locator_mbi_OtherPayableMember_2772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2771" xlink:to="Locator_mbi_OtherPayableMember_2772" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_2720" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2719" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_2720" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_2722" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2721" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_2722" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_2724" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2723" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_2724" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_2728" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2727" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_2728" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_2730" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2729" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_2730" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2732" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2731" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_2732" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_2734" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2733" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_2734" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2735" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_2736" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2735" xlink:to="Locator_mbi_OtherAssetBackedMember_2736" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_2738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2737" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_2738" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_2763" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_2764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_2763" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_2764" order="23.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2695" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_2696" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_2700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2699" xlink:to="Locator_us-gaap_FairValueByLiabilityClassAxis_2700" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByLiabilityClassAxis" xlink:label="Locator_us-gaap_FairValueByLiabilityClassAxis_2711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByLiabilityClassAxis_2711" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredDerivativesMember" xlink:label="Locator_mbi_InsuredDerivativesMember_2714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2713" xlink:to="Locator_mbi_InsuredDerivativesMember_2714" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredDerivativesMember" xlink:label="Locator_mbi_NonInsuredDerivativesMember_2716" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_2715" xlink:to="Locator_mbi_NonInsuredDerivativesMember_2716" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_2694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2693" xlink:to="Locator_invest_InvestmentAxis_2694" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2697" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2698" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2689" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2690" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2777" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2778" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_2780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2779" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_2780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_2782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2781" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_2782" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_2784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2783" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_2784" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2687" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2688" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureRecurring_2542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2541" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureRecurring_2542" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureRecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_2544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2543" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureRecurring_2544" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_2692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2691" xlink:to="Locator_us-gaap_InvestmentTypeAxis_2692" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2701" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2702" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_2809" xlink:to="Locator_us-gaap_ReceivableTypeDomain_2810" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2811" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="Locator_us-gaap_ResidentialPortfolioSegmentMember_2812" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2811" xlink:to="Locator_us-gaap_ResidentialPortfolioSegmentMember_2812" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_2814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2813" xlink:to="Locator_us-gaap_LoansReceivableMember_2814" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_2815" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_2816" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_2815" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_2816" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_2547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_2547" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_2548" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2967" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2968" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_2969" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_2970" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2971" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2971" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2972" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2973" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="Locator_us-gaap_FairValueInputsLevel1Member_2974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2973" xlink:to="Locator_us-gaap_FairValueInputsLevel1Member_2974" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2975" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="Locator_us-gaap_FairValueInputsLevel2Member_2976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2975" xlink:to="Locator_us-gaap_FairValueInputsLevel2Member_2976" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_2978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_2977" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_2978" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_2855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2856" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementFairValueHierarchyTablePresentsCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnCompanysConsolidatedBalanceSheetAbstract_2855" xlink:to="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2955" xlink:to="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2956" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2819" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_2820" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2819" xlink:to="Locator_us-gaap_OtherInvestments_2820" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedInvestmentIncomeReceivable" xlink:label="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2821" xlink:to="Locator_us-gaap_AccruedInvestmentIncomeReceivable_2822" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2823" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReceivableForInvestmentsSold" xlink:label="Locator_mbi_ReceivableForInvestmentsSold_2824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2823" xlink:to="Locator_mbi_ReceivableForInvestmentsSold_2824" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2825" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_2826" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2827" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_2828" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Cashcollateralpledge" xlink:label="Locator_mbi_Cashcollateralpledge_2830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2829" xlink:to="Locator_mbi_Cashcollateralpledge_2830" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2831" xlink:to="Locator_us-gaap_AssetsFairValueDisclosureNonrecurring_2832" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteedInvestmentAgreementsFairValue" xlink:label="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2833" xlink:to="Locator_mbi_GuaranteedInvestmentAgreementsFairValue_2834" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotes" xlink:label="Locator_us-gaap_MediumTermNotes_2836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2835" xlink:to="Locator_us-gaap_MediumTermNotes_2836" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="Locator_us-gaap_LongTermDebtFairValue_2838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2837" xlink:to="Locator_us-gaap_LongTermDebtFairValue_2838" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2839" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PayableForInvestmentsPurchasedFairValueDisclosure" xlink:label="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2839" xlink:to="Locator_mbi_PayableForInvestmentsPurchasedFairValueDisclosure_2840" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="Locator_us-gaap_InterestPayableCurrent_2842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2841" xlink:to="Locator_us-gaap_InterestPayableCurrent_2842" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NotesPayable" xlink:label="Locator_us-gaap_NotesPayable_2844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2843" xlink:to="Locator_us-gaap_NotesPayable_2844" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Payableforloanspurchased" xlink:label="Locator_mbi_Payableforloanspurchased_2846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2845" xlink:to="Locator_mbi_Payableforloanspurchased_2846" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureNonrecurring" xlink:label="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2847" xlink:to="Locator_us-gaap_LiabilitiesFairValueDisclosureNonrecurring_2848" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2849" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeGross" xlink:label="Locator_mbi_FinancialGuaranteeGross_2850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2849" xlink:to="Locator_mbi_FinancialGuaranteeGross_2850" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems" xlink:label="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2851" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeCeded" xlink:label="Locator_mbi_FinancialGuaranteeCeded_2852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems_2851" xlink:to="Locator_mbi_FinancialGuaranteeCeded_2852" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_2958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2957" xlink:to="Locator_us-gaap_FairValueByMeasurementBasisAxis_2958" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="Locator_us-gaap_FairValueByMeasurementBasisAxis_2979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByMeasurementBasisAxis_2979" xlink:to="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2980" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_2990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2989" xlink:to="Locator_us-gaap_CarryingReportedAmountFairValueDisclosureMember_2990" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PortionAtFairValueFairValueDisclosureMember_2991" xlink:to="Locator_us-gaap_EstimateOfFairValueFairValueDisclosureMember_2992" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2959" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2959" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2960" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2981" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis_2981" xlink:to="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2982" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain" xlink:label="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2983" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember" xlink:label="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_2984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosedAtFairValueNotRecordedAtFairValueDomain_2983" xlink:to="Locator_mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember_2984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2961" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_2962" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2963" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2963" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_2964" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2965" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_2966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable_2965" xlink:to="Locator_us-gaap_MajorPropertyClassAxis_2966" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassAxis" xlink:label="Locator_us-gaap_MajorPropertyClassAxis_2985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_2986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorPropertyClassAxis_2985" xlink:to="Locator_us-gaap_MajorPropertyClassDomain_2986" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorPropertyClassDomain" xlink:label="Locator_us-gaap_MajorPropertyClassDomain_2987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember" xlink:label="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorPropertyClassDomain_2987" xlink:to="Locator_us-gaap_DisposalGroupHeldforsaleNotDiscontinuedOperationsMember_2988" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3219" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3220" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3223" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilitiesOfConsolidatedViesMember" xlink:label="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3223" xlink:to="Locator_mbi_LiabilitiesOfConsolidatedViesMember_3224" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3221" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3222" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3177" xlink:to="Locator_invest_InvestmentDomain_3178" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3183" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3183" xlink:to="Locator_mbi_CorporateObligationMember_3184" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3195" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualPreferredSecuritiesMember" xlink:label="Locator_mbi_PerpetualPreferredSecuritiesMember_3196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3195" xlink:to="Locator_mbi_PerpetualPreferredSecuritiesMember_3196" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3197" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermInvestmentsMember" xlink:label="Locator_us-gaap_OtherLongTermInvestmentsMember_3198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3197" xlink:to="Locator_us-gaap_OtherLongTermInvestmentsMember_3198" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3199" xlink:to="Locator_us-gaap_MediumTermNotesMember_3200" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditDerivativesMember" xlink:label="Locator_mbi_CreditDerivativesMember_3202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3201" xlink:to="Locator_mbi_CreditDerivativesMember_3202" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3203" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateDerivativesMember" xlink:label="Locator_mbi_InterestRateDerivativesMember_3204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3203" xlink:to="Locator_mbi_InterestRateDerivativesMember_3204" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3205" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherDerivativeLiabilitiesMember" xlink:label="Locator_mbi_OtherDerivativeLiabilitiesMember_3206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3205" xlink:to="Locator_mbi_OtherDerivativeLiabilitiesMember_3206" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3207" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3207" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3208" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3209" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencyDerivativesMember" xlink:label="Locator_mbi_CurrencyDerivativesMember_3210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3209" xlink:to="Locator_mbi_CurrencyDerivativesMember_3210" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3211" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquitySecuritiesMember" xlink:label="Locator_us-gaap_EquitySecuritiesMember_3212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3211" xlink:to="Locator_us-gaap_EquitySecuritiesMember_3212" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3215" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3215" xlink:to="Locator_us-gaap_OtherAssetsMember_3216" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3217" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPayableMember" xlink:label="Locator_mbi_OtherPayableMember_3218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3217" xlink:to="Locator_mbi_OtherPayableMember_3218" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3179" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_3180" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_3182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3181" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_3182" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3185" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_3186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3185" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_3186" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3187" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3187" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_3188" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3189" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_3190" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_3192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3191" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_3192" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_3194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3193" xlink:to="Locator_mbi_OtherAssetBackedMember_3194" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3213" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_3214" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3169" xlink:to="Locator_invest_InvestmentAxis_3170" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3173" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3174" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3175" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3176" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3225" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3226" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3227" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3228" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3167" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3168" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_2996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2995" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1_2996" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_2998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2997" xlink:to="Locator_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_2998" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2999" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss_3000" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3001" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets_3002" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3003" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases_3004" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3005" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues_3006" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3007" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements_3008" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3009" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales_3010" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3011" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3_3012" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3013" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3_3014" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_2993" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_2994" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3015" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue_3016" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3017" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease_3018" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3021" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings_3022" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3023" xlink:to="Locator_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_3024" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3025" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome_3026" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities" xlink:label="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3027" xlink:to="Locator_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities_3028" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3029" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases_3030" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3031" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues_3032" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3033" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements_3034" order="21.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3035" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales_3036" order="22.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3037" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3_3038" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3039" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3_3040" order="24.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3019" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3020" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3041" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue_3042" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3043" xlink:to="Locator_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease_3044" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3171" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3172" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3229" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3230" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialPortfolioSegmentMember" xlink:label="Locator_us-gaap_ResidentialPortfolioSegmentMember_3232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3231" xlink:to="Locator_us-gaap_ResidentialPortfolioSegmentMember_3232" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_3234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3233" xlink:to="Locator_us-gaap_LoansReceivableMember_3234" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3235" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3236" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisAbstract_3047" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3048" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3311" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3312" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_3313" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3314" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3315" xlink:to="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3316" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="Locator_us-gaap_FairValueInputsLevel3Member_3318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_3317" xlink:to="Locator_us-gaap_FairValueInputsLevel3Member_3318" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_3253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementGainsAndLossesRealizedAndUnrealizedIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesAbstract_3253" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3254" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3303" xlink:to="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3304" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_3238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3237" xlink:to="Locator_us-gaap_NetInvestmentIncome_3238" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivatives" xlink:label="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3239" xlink:to="Locator_us-gaap_UnrealizedGainLossOnDerivatives_3240" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3241" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives_3242" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3243" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3243" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3244" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_3246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3245" xlink:to="Locator_us-gaap_OtherIncome_3246" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3247" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_3248" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3249" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings" xlink:label="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_3249" xlink:to="Locator_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings_3250" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3305" xlink:to="Locator_us-gaap_FairValueByFairValueHierarchyLevelAxis_3306" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3307" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_3308" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_3309" xlink:to="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3310" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueByConsolidatedStatementsOfOperationsAxis" xlink:label="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_FairValueByConsolidatedStatementsOfOperationsAxis_3319" xlink:to="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3320" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TotalGainsLossesIncludedInEarningsMember" xlink:label="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3321" xlink:to="Locator_mbi_TotalGainsLossesIncludedInEarningsMember_3322" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain" xlink:label="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3323" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember" xlink:label="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_GainsAndLossesRealizedAndUnrealizedEarningsDomain_3323" xlink:to="Locator_mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember_3324" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_3401" xlink:to="Locator_dei_EntityDomain_3402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3403" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3404" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3405" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3406" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_3411" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_3412" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3383" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsCarriedAtFairValueMember" xlink:label="Locator_mbi_InvestmentsCarriedAtFairValueMember_3384" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3383" xlink:to="Locator_mbi_InvestmentsCarriedAtFairValueMember_3384" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3385" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember" xlink:label="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3385" xlink:to="Locator_mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember_3386" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3391" xlink:to="Locator_us-gaap_OtherAssetsMember_3392" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3393" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3393" xlink:to="Locator_us-gaap_MediumTermNotesMember_3394" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3395" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityNotesMember" xlink:label="Locator_mbi_VariableInterestEntityNotesMember_3396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3395" xlink:to="Locator_mbi_VariableInterestEntityNotesMember_3396" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3397" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMember" xlink:label="Locator_us-gaap_LongTermDebtMember_3398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3397" xlink:to="Locator_us-gaap_LongTermDebtMember_3398" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3399" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3399" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3400" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3387" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3387" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3388" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3389" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3389" xlink:to="Locator_mbi_OtherLoansMember_3390" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_3331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementChangesInFairValueIncludedInCompanysConsolidatedStatementsOfOperationsAbstract_3331" xlink:to="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3332" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3375" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3375" xlink:to="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3376" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3325" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3325" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_3326" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_3328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesAndLoansReceivableLineItems_3327" xlink:to="Locator_us-gaap_OtherIncome_3328" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3377" xlink:to="Locator_us-gaap_InvestmentTypeAxis_3378" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3379" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3379" xlink:to="Locator_dei_LegalEntityAxis_3380" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_3381" xlink:to="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3382" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_3407" xlink:to="Locator_us-gaap_ReceivableTypeDomain_3408" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="Locator_us-gaap_ReceivableTypeDomain_3409" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoanRepurchaseCommitmentsMember" xlink:label="Locator_mbi_LoanRepurchaseCommitmentsMember_3410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReceivableTypeDomain_3409" xlink:to="Locator_mbi_LoanRepurchaseCommitmentsMember_3410" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_3491" xlink:to="Locator_dei_EntityDomain_3492" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3493" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_3494" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3495" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_3496" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_3497" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_3498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3487" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageLoansMember" xlink:label="Locator_mbi_ResidentialMortgageLoansMember_3488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3487" xlink:to="Locator_mbi_ResidentialMortgageLoansMember_3488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_3489" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLoansMember" xlink:label="Locator_mbi_OtherLoansMember_3490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_3489" xlink:to="Locator_mbi_OtherLoansMember_3490" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract" xlink:label="Locator_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_3439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureFairValueMeasurementDifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalBalanceOutstandingAbstract_3439" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3440" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3481" xlink:to="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3482" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3413" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_3414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3413" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable_3414" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_3416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3415" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue_3416" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3417" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_3418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3417" xlink:to="Locator_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments_3418" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3419" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes" xlink:label="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_3420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3419" xlink:to="Locator_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes_3420" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLoansReceivable" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_3422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3421" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLoansReceivable_3422" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_3424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3423" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus_3424" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3425" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_3426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3425" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments_3426" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3427" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateFairValueMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_3428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3427" xlink:to="Locator_mbi_FairValueOptionAggregateFairValueMediumTermNotes_3428" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_3430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3429" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables_3430" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference" xlink:label="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_3432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3431" xlink:to="Locator_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference_3432" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments" xlink:label="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_3434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3433" xlink:to="Locator_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments_3434" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3435" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOptionAggregateDifferencesMediumTermNotes" xlink:label="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_3436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems_3435" xlink:to="Locator_mbi_FairValueOptionAggregateDifferencesMediumTermNotes_3436" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_3484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3483" xlink:to="Locator_us-gaap_InvestmentTypeAxis_3484" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable" xlink:label="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentTable_3485" xlink:to="Locator_dei_LegalEntityAxis_3486" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_3607" xlink:to="Locator_dei_EntityDomain_3608" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3609" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_3610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3609" xlink:to="Locator_mbi_MbiaCorpMember_3610" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3591" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3592" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3593" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueByMoreThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_3594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3593" xlink:to="Locator_mbi_FairValueBelowBookValueByMoreThanFivePercentMember_3594" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3599" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateObligationMember" xlink:label="Locator_mbi_CorporateObligationMember_3600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3599" xlink:to="Locator_mbi_CorporateObligationMember_3600" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3601" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3602" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3595" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3596" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3597" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3598" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3603" xlink:to="Locator_invest_InvestmentDomain_3604" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuritiesInUnrealizedLossPositionMember" xlink:label="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_3606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3605" xlink:to="Locator_mbi_SecuritiesInUnrealizedLossPositionMember_3606" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3615" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3616" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_3618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_3617" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_3618" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3583" xlink:to="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3584" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3611" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_3612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOperatingActivitiesSegmentAxis_3611" xlink:to="Locator_us-gaap_SegmentOperatingActivitiesDomain_3612" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="Locator_us-gaap_SegmentOperatingActivitiesDomain_3613" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsBusinessMember" xlink:label="Locator_mbi_AssetLiabilityProductsBusinessMember_3614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentOperatingActivitiesDomain_3613" xlink:to="Locator_mbi_AssetLiabilityProductsBusinessMember_3614" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3585" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_3586" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3589" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_3590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3589" xlink:to="Locator_mbi_TypeOfGuaranteeAxis_3590" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeAxis" xlink:label="Locator_mbi_TypeOfGuaranteeAxis_3619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_3620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_TypeOfGuaranteeAxis_3619" xlink:to="Locator_mbi_TypeOfGuaranteeDomain_3620" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TypeOfGuaranteeDomain" xlink:label="Locator_mbi_TypeOfGuaranteeDomain_3621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyGuarantorsMember" xlink:label="Locator_mbi_ThirdPartyGuarantorsMember_3622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_TypeOfGuaranteeDomain_3621" xlink:to="Locator_mbi_ThirdPartyGuarantorsMember_3622" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3581" xlink:to="Locator_invest_InvestmentAxis_3582" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3577" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3578" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3499" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities" xlink:label="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_3500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3499" xlink:to="Locator_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities_3500" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_3502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3501" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_3502" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3503" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements" xlink:label="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_3504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3503" xlink:to="Locator_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements_3504" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3505" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition" xlink:label="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_3506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3505" xlink:to="Locator_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition_3506" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod" xlink:label="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_3508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3507" xlink:to="Locator_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod_3508" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3509" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfSecuritiesBookValueExceededMarketValue" xlink:label="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_3510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3509" xlink:to="Locator_mbi_PercentageOfSecuritiesBookValueExceededMarketValue_3510" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3579" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3587" xlink:to="Locator_dei_LegalEntityAxis_3588" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsNarrativeAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsNarrativeAbstract_3513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsNarrativeAbstract_3513" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3514" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3693" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3694" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3695" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFivePercentToFifteenPercentMember" xlink:label="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_3696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3695" xlink:to="Locator_mbi_GreaterThanFivePercentToFifteenPercentMember_3696" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3697" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFifteenPercentToTwentyFivePercentMember" xlink:label="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_3698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3697" xlink:to="Locator_mbi_GreaterThanFifteenPercentToTwentyFivePercentMember_3698" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3699" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanTwentyFivePercentToFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_3700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3699" xlink:to="Locator_mbi_GreaterThanTwentyFivePercentToFiftyPercentMember_3700" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GreaterThanFiftyPercentMember" xlink:label="Locator_mbi_GreaterThanFiftyPercentMember_3702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3701" xlink:to="Locator_mbi_GreaterThanFiftyPercentMember_3702" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueBelowBookValueGreaterThanFivePercentMember" xlink:label="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3703" xlink:to="Locator_mbi_FairValueBelowBookValueGreaterThanFivePercentMember_3704" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_3624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3623" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1_3624" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_3626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3625" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_3626" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_3628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3627" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_3628" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_3630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3629" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions_3630" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_3632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3631" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_3632" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3633" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_3634" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_3705" xlink:to="Locator_invest_InvestmentDomain_3706" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_3707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember" xlink:label="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_3708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_3707" xlink:to="Locator_mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember_3708" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract" xlink:label="Locator_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_3645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsInvestmentSecuritiesWhoseBookValueExceededMarketValueByMoreThan5Abstract_3645" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3646" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_3692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3691" xlink:to="Locator_invest_InvestmentAxis_3692" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3687" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3688" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3635" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3635" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_3636" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3637" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3637" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_3638" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3639" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMinimum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_3640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3639" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMinimum_3640" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFairValueBelowBookValueMaximum" xlink:label="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_3642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3641" xlink:to="Locator_mbi_PercentageOfFairValueBelowBookValueMaximum_3642" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3689" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3690" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_3771" xlink:to="Locator_dei_EntityDomain_3772" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3773" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpAndNationalMember" xlink:label="Locator_mbi_MbiaCorpAndNationalMember_3774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3773" xlink:to="Locator_mbi_MbiaCorpAndNationalMember_3774" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_3775" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherInsurersMember" xlink:label="Locator_mbi_OtherInsurersMember_3776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_3775" xlink:to="Locator_mbi_OtherInsurersMember_3776" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3761" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_3764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3763" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_3764" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_3766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3765" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_3766" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_3768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3767" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_3768" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherSecuritiesMember" xlink:label="Locator_mbi_AllOtherSecuritiesMember_3770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesDomain_3769" xlink:to="Locator_mbi_AllOtherSecuritiesMember_3770" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3753" xlink:to="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3754" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3709" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_3710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3709" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_3710" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/positiveLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3711" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments" xlink:label="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_3712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3711" xlink:to="Locator_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments_3712" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:label="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3713" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor" xlink:label="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_3714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfInvestmentsLineItems_3713" xlink:to="Locator_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor_3714" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis" xlink:label="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3755" xlink:to="Locator_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis_3756" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_3758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3757" xlink:to="Locator_us-gaap_FinancialInstrumentAxis_3758" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="Locator_us-gaap_FinancialInstrumentAxis_3777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_FinancialInstrumentAxis_3777" xlink:to="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3778" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3779" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WrappedSecuritiesMember" xlink:label="Locator_mbi_WrappedSecuritiesMember_3780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_3779" xlink:to="Locator_mbi_WrappedSecuritiesMember_3780" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_3760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3759" xlink:to="Locator_dei_LegalEntityAxis_3760" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract" xlink:label="Locator_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_3717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:label="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureInvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsAbstract_3717" xlink:to="Locator_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_3718" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_3781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_3782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_3781" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds_3782" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_3783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_3783" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3784" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGains" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_3786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3785" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains_3786" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_3788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_3787" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses_3788" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_3792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3791" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment_3792" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_3794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3793" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses_3794" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3795" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod" xlink:label="Locator_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_3796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3795" xlink:to="Locator_mbi_AdditionsForCreditLossImpairmentsRecognizedInPriorPeriodsForSecuritiesThatWereReimpairedWithNonCreditComponentInCurrentPeriod_3796" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_3798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3797" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold_3798" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_3800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3799" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus_3800" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_3802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3801" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows_3802" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3789" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_3790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3789" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_3790" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_3804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract_3803" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld_3804" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_3869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_3870" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_3869" xlink:to="Locator_us-gaap_SegmentDomain_3870" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_3871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceOperationsMember" xlink:label="Locator_mbi_InsuranceOperationsMember_3872" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_3871" xlink:to="Locator_mbi_InsuranceOperationsMember_3872" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_3813" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3814" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsCreditDerivativesSoldAbstract_3813" xlink:to="Locator_us-gaap_DerivativeTable_3814" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_3863" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3864" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingAxis" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3874" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingAxis_3873" xlink:to="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3874" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3875" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaaMember" xlink:label="Locator_mbi_CreditRatingAaaMember_3876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3875" xlink:to="Locator_mbi_CreditRatingAaaMember_3876" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingAaMember" xlink:label="Locator_mbi_CreditRatingAaMember_3878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3877" xlink:to="Locator_mbi_CreditRatingAaMember_3878" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3879" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingaMember" xlink:label="Locator_mbi_CreditRatingaMember_3880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3879" xlink:to="Locator_mbi_CreditRatingaMember_3880" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBbbMember" xlink:label="Locator_mbi_CreditRatingBbbMember_3882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3881" xlink:to="Locator_mbi_CreditRatingBbbMember_3882" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExternalCreditRatingByGroupingDomain" xlink:label="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3883" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CreditRatingBelowInvestmentGradeMember" xlink:label="Locator_mbi_CreditRatingBelowInvestmentGradeMember_3884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ExternalCreditRatingByGroupingDomain_3883" xlink:to="Locator_mbi_CreditRatingBelowInvestmentGradeMember_3884" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_3866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_3865" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_3866" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_3867" xlink:to="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3868" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesByContractTypeAxis" xlink:label="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3885" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesByContractTypeAxis_3885" xlink:to="Locator_us-gaap_CreditDerivativesContractTypeDomain_3886" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3887" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_3888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3887" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_3888" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3889" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_3890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3889" xlink:to="Locator_mbi_InsuredSwapsMember_3890" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_3892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3891" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_3892" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3893" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_3894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3893" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_3894" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDerivativesContractTypeDomain" xlink:label="Locator_us-gaap_CreditDerivativesContractTypeDomain_3895" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="Locator_mbi_InsuredSwapsHeldForSaleMember_3896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditDerivativesContractTypeDomain_3895" xlink:to="Locator_mbi_InsuredSwapsHeldForSaleMember_3896" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_3861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_3861" xlink:to="Locator_us-gaap_DerivativeLineItems_3862" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3805" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears" xlink:label="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_3806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3805" xlink:to="Locator_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears_3806" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue" xlink:label="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_3810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3809" xlink:to="Locator_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue_3810" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_3808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3807" xlink:to="Locator_invest_DerivativeNotionalAmount_3808" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_3995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_3996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_3995" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_3996" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_3997" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EmbeddedMember" xlink:label="Locator_mbi_EmbeddedMember_3998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_3997" xlink:to="Locator_mbi_EmbeddedMember_3998" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_3983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_3983" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_3984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilitiesMember" xlink:label="Locator_us-gaap_OtherLiabilitiesMember_3988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3987" xlink:to="Locator_us-gaap_OtherLiabilitiesMember_3988" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MediumTermNotesAndOtherInvestmentsMember" xlink:label="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_3994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3993" xlink:to="Locator_mbi_MediumTermNotesAndOtherInvestmentsMember_3994" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3985" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_3986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3985" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_3986" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_3992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3991" xlink:to="Locator_us-gaap_MediumTermNotesMember_3992" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_3989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_3990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_3989" xlink:to="Locator_us-gaap_OtherAssetsMember_3990" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3897" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteeObligationsMaximumNetExposure" xlink:label="Locator_mbi_GuaranteeObligationsMaximumNetExposure_3898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3897" xlink:to="Locator_mbi_GuaranteeObligationsMaximumNetExposure_3898" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativesCededUnderReinsuranceAgreements" xlink:label="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_3900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3899" xlink:to="Locator_mbi_DerivativesCededUnderReinsuranceAgreements_3900" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimCash" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_3902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3901" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimCash_3902" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3903" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_3904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3903" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_3904" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfCreditSupportAnnexes" xlink:label="Locator_mbi_NumberOfCreditSupportAnnexes_3906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3905" xlink:to="Locator_mbi_NumberOfCreditSupportAnnexes_3906" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FairValueOfCreditSupportAnnexes" xlink:label="Locator_mbi_FairValueOfCreditSupportAnnexes_3908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3907" xlink:to="Locator_mbi_FairValueOfCreditSupportAnnexes_3908" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3909" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_3910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3909" xlink:to="Locator_mbi_DerivativeAssetCounterpartyNettingAmountFairValue_3910" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3911" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_3912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3911" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeAssetNetOfCounterpartyNetting_3912" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3913" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_3914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3913" xlink:to="Locator_mbi_OtherAssetsAndDerivativeAssetsVieAfterCounterpartyNettingAndEmbeddedReclass_3914" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3915" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue" xlink:label="Locator_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_3916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3915" xlink:to="Locator_mbi_DerivativeLiabilityCounterpartyNettingAmountFairValue_3916" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3917" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting" xlink:label="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_3918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3917" xlink:to="Locator_mbi_DerivativeFairValueOfDerivativeLiabilityNetOfCounterpartyNetting_3918" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass" xlink:label="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_3924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3923" xlink:to="Locator_mbi_OtherLiabilitiesAndDerivativeLiabilitiesVieAfterCounterpartyNettingAndEmbeddedReclass_3924" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_3920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3919" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_3920" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_3922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3921" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_3922" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsNarrativeAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_3927" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsNarrativeAbstract_3927" xlink:to="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3928" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3977" xlink:to="Locator_us-gaap_DerivativeLineItems_3978" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_3980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3979" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_3980" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CashCollateralToDerivativeCounterpartiesTable" xlink:label="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_3982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CashCollateralToDerivativeCounterpartiesTable_3981" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_3982" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4133" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4134" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4147" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsEmbeddedMember" xlink:label="Locator_mbi_InterestRateSwapsEmbeddedMember_4148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4147" xlink:to="Locator_mbi_InterestRateSwapsEmbeddedMember_4148" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4155" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherMember" xlink:label="Locator_mbi_AllOtherMember_4156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4155" xlink:to="Locator_mbi_AllOtherMember_4156" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4159" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherEmbeddedMember" xlink:label="Locator_mbi_AllOtherEmbeddedMember_4160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4159" xlink:to="Locator_mbi_AllOtherEmbeddedMember_4160" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4161" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsHeldForSaleMember" xlink:label="Locator_mbi_InsuredSwapsHeldForSaleMember_4162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4161" xlink:to="Locator_mbi_InsuredSwapsHeldForSaleMember_4162" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4137" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4138" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4141" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4141" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4142" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4143" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4143" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4144" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4135" xlink:to="Locator_us-gaap_InterestRateSwapMember_4136" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4145" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4145" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4146" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4149" xlink:to="Locator_us-gaap_CurrencySwapMember_4150" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4151" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4151" xlink:to="Locator_mbi_CurrencySwapsVieMember_4152" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4153" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4154" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4157" xlink:to="Locator_mbi_AllOtherVIEMember_4158" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4139" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4139" xlink:to="Locator_mbi_InsuredSwapsMember_4140" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4109" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4109" xlink:to="Locator_us-gaap_BalanceSheetLocationAxis_4110" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="Locator_us-gaap_BalanceSheetLocationAxis_4113" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationAxis_4113" xlink:to="Locator_us-gaap_BalanceSheetLocationDomain_4114" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4115" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesMember" xlink:label="Locator_mbi_DerivativeLiabilitiesMember_4116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4115" xlink:to="Locator_mbi_DerivativeLiabilitiesMember_4116" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4117" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesVIEMember" xlink:label="Locator_mbi_DerivativeLiabilitiesVIEMember_4118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4117" xlink:to="Locator_mbi_DerivativeLiabilitiesVIEMember_4118" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4119" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_4120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4119" xlink:to="Locator_us-gaap_MediumTermNotesMember_4120" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4121" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4121" xlink:to="Locator_mbi_DerivativeLiabilitiesOtherInvestmentsMember_4122" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssetsMember" xlink:label="Locator_us-gaap_OtherAssetsMember_4124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4123" xlink:to="Locator_us-gaap_OtherAssetsMember_4124" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4125" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsVIEMember" xlink:label="Locator_mbi_DerivativeAssetsVIEMember_4126" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4125" xlink:to="Locator_mbi_DerivativeAssetsVIEMember_4126" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4127" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsMember" xlink:label="Locator_mbi_DerivativeAssetsMember_4128" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4127" xlink:to="Locator_mbi_DerivativeAssetsMember_4128" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4129" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsOtherInvestmentsMember" xlink:label="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4130" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4129" xlink:to="Locator_mbi_DerivativeAssetsOtherInvestmentsMember_4130" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="Locator_us-gaap_BalanceSheetLocationDomain_4131" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetsVIEMember" xlink:label="Locator_mbi_OtherAssetsVIEMember_4132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_BalanceSheetLocationDomain_4131" xlink:to="Locator_mbi_OtherAssetsVIEMember_4132" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4111" xlink:to="Locator_us-gaap_HedgingDesignationAxis_4112" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationAxis" xlink:label="Locator_us-gaap_HedgingDesignationAxis_4163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationAxis_4163" xlink:to="Locator_us-gaap_HedgingDesignationDomain_4164" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DesignatedAsHedgingInstrumentMember" xlink:label="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4165" xlink:to="Locator_us-gaap_DesignatedAsHedgingInstrumentMember_4166" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingDesignationDomain" xlink:label="Locator_us-gaap_HedgingDesignationDomain_4167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingDesignationDomain_4167" xlink:to="Locator_us-gaap_NondesignatedMember_4168" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4105" xlink:to="Locator_us-gaap_DerivativeLineItems_4106" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_3999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="Locator_invest_DerivativeNotionalAmount_4000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_3999" xlink:to="Locator_invest_DerivativeNotionalAmount_4000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4001" xlink:to="Locator_mbi_DerivativeAssetsDesignatedAsHedgingInstrumentFairValue_4002" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4003" xlink:to="Locator_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue_4004" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4005" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeAsset_4006" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4007" xlink:to="Locator_mbi_DerivativeLiabilitiesDesignatedAsHedgingInstrumentFairValue_4008" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue" xlink:label="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4009" xlink:to="Locator_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue_4010" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4011" xlink:to="Locator_us-gaap_DerivativeFairValueOfDerivativeLiability_4012" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4107" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4108" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_4015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingAbstract_4015" xlink:to="Locator_us-gaap_DerivativeTable_4016" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_4251" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_4252" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditDefaultSwapMember" xlink:label="Locator_us-gaap_CreditDefaultSwapMember_4254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4253" xlink:to="Locator_us-gaap_CreditDefaultSwapMember_4254" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4255" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsMember_4256" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4257" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonInsuredCreditDefaultSwapsVIEMember" xlink:label="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4257" xlink:to="Locator_mbi_NonInsuredCreditDefaultSwapsVIEMember_4258" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="Locator_us-gaap_InterestRateSwapMember_4260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4259" xlink:to="Locator_us-gaap_InterestRateSwapMember_4260" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestRateSwapsVIEMember" xlink:label="Locator_mbi_InterestRateSwapsVIEMember_4262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4261" xlink:to="Locator_mbi_InterestRateSwapsVIEMember_4262" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4263" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencySwapMember" xlink:label="Locator_us-gaap_CurrencySwapMember_4264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4263" xlink:to="Locator_us-gaap_CurrencySwapMember_4264" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CurrencySwapsVieMember" xlink:label="Locator_mbi_CurrencySwapsVieMember_4266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4265" xlink:to="Locator_mbi_CurrencySwapsVieMember_4266" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4267" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCreditDerivativesMember" xlink:label="Locator_us-gaap_OtherCreditDerivativesMember_4268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4267" xlink:to="Locator_us-gaap_OtherCreditDerivativesMember_4268" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AllOtherVIEMember" xlink:label="Locator_mbi_AllOtherVIEMember_4270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4269" xlink:to="Locator_mbi_AllOtherVIEMember_4270" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredSwapsMember" xlink:label="Locator_mbi_InsuredSwapsMember_4272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4271" xlink:to="Locator_mbi_InsuredSwapsMember_4272" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_4273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommodityIndexLinkedNotesMember" xlink:label="Locator_us-gaap_CommodityIndexLinkedNotesMember_4274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_4273" xlink:to="Locator_us-gaap_CommodityIndexLinkedNotesMember_4274" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4275" xlink:to="Locator_us-gaap_DerivativeLineItems_4276" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4169" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GainLossOnDerivativesRecognizedInIncome" xlink:label="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4169" xlink:to="Locator_mbi_GainLossOnDerivativesRecognizedInIncome_4170" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:label="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4171" xlink:to="Locator_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_4172" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="Locator_us-gaap_DerivativeLineItems_4173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeLineItems_4173" xlink:to="Locator_us-gaap_DerivativeGainLossOnDerivativeNet_4174" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4277" xlink:to="Locator_us-gaap_IncomeStatementLocationAxis_4278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="Locator_us-gaap_IncomeStatementLocationAxis_4239" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationAxis_4239" xlink:to="Locator_us-gaap_IncomeStatementLocationDomain_4240" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizedGainsLossesOnInsuredDerivativesMember" xlink:label="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4241" xlink:to="Locator_mbi_UnrealizedGainsLossesOnInsuredDerivativesMember_4242" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4243" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember" xlink:label="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4243" xlink:to="Locator_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember_4244" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4245" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember" xlink:label="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4245" xlink:to="Locator_us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember_4246" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember" xlink:label="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4247" xlink:to="Locator_mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember_4248" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="Locator_us-gaap_IncomeStatementLocationDomain_4249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InterestIncomeExpenseMember" xlink:label="Locator_mbi_InterestIncomeExpenseMember_4250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementLocationDomain_4249" xlink:to="Locator_mbi_InterestIncomeExpenseMember_4250" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_4280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4279" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_4280" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeTable_4281" xlink:to="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4282" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_4283" xlink:to="Locator_us-gaap_HedgingRelationshipDomain_4284" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NondesignatedMember" xlink:label="Locator_us-gaap_NondesignatedMember_4286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4285" xlink:to="Locator_us-gaap_NondesignatedMember_4286" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HedgingRelationshipDomain" xlink:label="Locator_us-gaap_HedgingRelationshipDomain_4287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueHedgingMember" xlink:label="Locator_us-gaap_FairValueHedgingMember_4288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HedgingRelationshipDomain_4287" xlink:to="Locator_us-gaap_FairValueHedgingMember_4288" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract" xlink:label="Locator_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_4237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="Locator_us-gaap_DerivativeTable_4238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsAbstract_4237" xlink:to="Locator_us-gaap_DerivativeTable_4238" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4289" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4290" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4291" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_4292" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_4294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4293" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxContingencies_4294" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4419" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4420" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4421" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_4422" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4423" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4424" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_4429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_4430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_4429" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_4430" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_4431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_4432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_4431" xlink:to="Locator_us-gaap_SubsequentEventMember_4432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4425" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4426" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_4428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_4427" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_4428" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesNarrativeAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesNarrativeAbstract_4343" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesNarrativeAbstract_4343" xlink:to="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4344" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4411" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4411" xlink:to="Locator_mbi_NonVariableInterestEntitiesLineItems_4412" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4295" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4296" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_4298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4297" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_4298" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="Locator_us-gaap_DeferredTaxLiabilities_4300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4299" xlink:to="Locator_us-gaap_DeferredTaxLiabilities_4300" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4301" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense_4302" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount" xlink:label="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4303" xlink:to="Locator_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount_4304" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapitalLossesCarryForwardPeriodInYears" xlink:label="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4305" xlink:to="Locator_mbi_CapitalLossesCarryForwardPeriodInYears_4306" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4307" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxableIncomeProjectionYears" xlink:label="Locator_mbi_TaxableIncomeProjectionYears_4308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4307" xlink:to="Locator_mbi_TaxableIncomeProjectionYears_4308" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumTaxableIncomeProjectionYears" xlink:label="Locator_mbi_MaximumTaxableIncomeProjectionYears_4310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4309" xlink:to="Locator_mbi_MaximumTaxableIncomeProjectionYears_4310" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4311" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments" xlink:label="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4311" xlink:to="Locator_mbi_DeferredTaxAssetsUnrealizedLossesOnInvestments_4312" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnrealizableDeferredTaxAssets" xlink:label="Locator_mbi_UnrealizableDeferredTaxAssets_4314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4313" xlink:to="Locator_mbi_UnrealizableDeferredTaxAssets_4314" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4315" xlink:to="Locator_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_4316" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects" xlink:label="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4317" xlink:to="Locator_mbi_IncreaseDecreaseInAccumulatedOtherComprehensiveIncomeLossBalancesNetOfTaxEffects_4318" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInIncomeTaxesReceivable" xlink:label="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4319" xlink:to="Locator_us-gaap_IncreaseDecreaseInIncomeTaxesReceivable_4320" order="13.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetIncomeLoss" xlink:label="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4321" xlink:to="Locator_mbi_IncreaseDecreaseInNetIncomeLoss_4322" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsOfForeignSubsidiaries" xlink:label="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4323" xlink:to="Locator_us-gaap_UndistributedEarningsOfForeignSubsidiaries_4324" order="15.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4325" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary" xlink:label="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4325" xlink:to="Locator_mbi_EstimatedTaxLiabilityOnUndistributedEarningsOfForeignSubsidiary_4326" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4327" xlink:to="Locator_us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_4328" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="Locator_us-gaap_OperatingLossCarryforwards_4330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4329" xlink:to="Locator_us-gaap_OperatingLossCarryforwards_4330" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4331" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther_4332" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4333" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4334" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="Locator_us-gaap_UnrecognizedTaxBenefits_4336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4335" xlink:to="Locator_us-gaap_UnrecognizedTaxBenefits_4336" order="21.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4337" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4338" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonVariableInterestEntitiesLineItems" xlink:label="Locator_mbi_NonVariableInterestEntitiesLineItems_4339" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxCutsAndJobsActTaxRate" xlink:label="Locator_mbi_TaxCutsAndJobsActTaxRate_4340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NonVariableInterestEntitiesLineItems_4339" xlink:to="Locator_mbi_TaxCutsAndJobsActTaxRate_4340" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4413" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4414" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4415" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_4416" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfVariableInterestEntitiesTable" xlink:label="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_4418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfVariableInterestEntitiesTable_4417" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_4418" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_4465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_4465" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_4466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_GB" xlink:label="Locator_country_GB_4470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4469" xlink:to="Locator_country_GB_4470" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4471" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuropeExcludingUnitedKingdomMember" xlink:label="Locator_mbi_EuropeExcludingUnitedKingdomMember_4472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4471" xlink:to="Locator_mbi_EuropeExcludingUnitedKingdomMember_4472" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4475" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAmericasMember" xlink:label="Locator_mbi_OtherAmericasMember_4476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4475" xlink:to="Locator_mbi_OtherAmericasMember_4476" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4477" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AsiaMember" xlink:label="Locator_us-gaap_AsiaMember_4478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4477" xlink:to="Locator_us-gaap_AsiaMember_4478" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4479" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherLocationsMember" xlink:label="Locator_mbi_OtherLocationsMember_4480" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4479" xlink:to="Locator_mbi_OtherLocationsMember_4480" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4473" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_4474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4473" xlink:to="Locator_mbi_InternationallyDiversifiedMember_4474" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_4467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_4468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_4467" xlink:to="Locator_country_US_4468" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_4464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4463" xlink:to="Locator_us-gaap_StatementGeographicalAxis_4464" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_4462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4461" xlink:to="Locator_us-gaap_SegmentReportingInformationLineItems_4462" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_4433" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives" xlink:label="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_4434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_4433" xlink:to="Locator_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives_4434" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract" xlink:label="Locator_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_4437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskAbstract_4437" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_4438" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4481" xlink:to="Locator_us-gaap_EarningsPerShareBasicAbstract_4482" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_4490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_4489" xlink:to="Locator_us-gaap_NetIncomeLoss_4490" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic" xlink:label="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_4492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_4491" xlink:to="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic_4492" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4493" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_4493" xlink:to="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_4494" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_4495" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4496" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasicAbstract" xlink:label="Locator_us-gaap_EarningsPerShareBasicAbstract_4497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="Locator_us-gaap_EarningsPerShareBasic_4498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareBasicAbstract_4497" xlink:to="Locator_us-gaap_EarningsPerShareBasic_4498" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4483" xlink:to="Locator_us-gaap_EarningsPerShareDilutedAbstract_4484" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_4500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4499" xlink:to="Locator_us-gaap_NetIncomeLoss_4500" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted" xlink:label="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_4502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4501" xlink:to="Locator_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted_4502" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAdjustmentOfWarrants" xlink:label="Locator_us-gaap_FairValueAdjustmentOfWarrants_4504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4503" xlink:to="Locator_us-gaap_FairValueAdjustmentOfWarrants_4504" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted" xlink:label="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4505" xlink:to="Locator_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted_4506" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4507" xlink:to="Locator_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_4508" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="Locator_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_4510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4509" xlink:to="Locator_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_4510" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants" xlink:label="Locator_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_4512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4511" xlink:to="Locator_us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants_4512" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_4514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4513" xlink:to="Locator_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_4514" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDilutedAbstract" xlink:label="Locator_us-gaap_EarningsPerShareDilutedAbstract_4515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="Locator_us-gaap_EarningsPerShareDiluted_4516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EarningsPerShareDilutedAbstract_4515" xlink:to="Locator_us-gaap_EarningsPerShareDiluted_4516" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4485" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition" xlink:label="Locator_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_4486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4485" xlink:to="Locator_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition_4486" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract" xlink:label="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment" xlink:label="Locator_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_4488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureEarningsPerShareScheduleOfBasicAndDilutedEarningsPerShareAbstract_4487" xlink:to="Locator_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment_4488" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_4569" xlink:to="Locator_dei_EntityDomain_4570" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4571" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_4572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4571" xlink:to="Locator_mbi_NationalMember_4572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOtherLawsuits" xlink:label="Locator_mbi_NumberOfOtherLawsuits_4528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4527" xlink:to="Locator_mbi_NumberOfOtherLawsuits_4528" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOperatingLeaseTermExtensions" xlink:label="Locator_mbi_NumberOfOperatingLeaseTermExtensions_4530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4529" xlink:to="Locator_mbi_NumberOfOperatingLeaseTermExtensions_4530" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm" xlink:label="Locator_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_4532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4531" xlink:to="Locator_us-gaap_LesseeLeasingArrangementsOperatingLeasesRenewalTerm_4532" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="Locator_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_4534" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4533" xlink:to="Locator_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_4534" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4535" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LeaseIncentives" xlink:label="Locator_mbi_LeaseIncentives_4536" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4535" xlink:to="Locator_mbi_LeaseIncentives_4536" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_4537" xlink:to="Locator_us-gaap_LossContingenciesTable_4538" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_4560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_4559" xlink:to="Locator_us-gaap_LossContingenciesLineItems_4560" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesLineItems" xlink:label="Locator_us-gaap_LossContingenciesLineItems_4539" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CityOfDetroitUtgoBonds" xlink:label="Locator_mbi_CityOfDetroitUtgoBonds_4540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesLineItems_4539" xlink:to="Locator_mbi_CityOfDetroitUtgoBonds_4540" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_4561" xlink:to="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4562" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_4566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesByNatureOfContingencyAxis_4565" xlink:to="Locator_us-gaap_LossContingencyNatureDomain_4566" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="Locator_us-gaap_LossContingencyNatureDomain_4567" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinstatedMember" xlink:label="Locator_mbi_ReinstatedMember_4568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingencyNatureDomain_4567" xlink:to="Locator_mbi_ReinstatedMember_4568" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossContingenciesTable" xlink:label="Locator_us-gaap_LossContingenciesTable_4563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_4564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LossContingenciesTable_4563" xlink:to="Locator_dei_LegalEntityAxis_4564" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_4573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_4573" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4574" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4577" xlink:to="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4578" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_4584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4583" xlink:to="Locator_us-gaap_CurrentFederalTaxExpenseBenefit_4584" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4585" xlink:to="Locator_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_4586" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_4588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_4587" xlink:to="Locator_us-gaap_CurrentForeignTaxExpenseBenefit_4588" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4579" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4580" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_4590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4589" xlink:to="Locator_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_4590" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4591" xlink:to="Locator_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_4592" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_4594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_4593" xlink:to="Locator_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_4594" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_4582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_4581" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_4582" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_4575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_4575" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4576" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_4596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4595" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityCumulativeEffectOfChangeInAccountingPrinciple_4596" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4597" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInUnrealizedGainLossOnInvestments" xlink:label="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_4598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4597" xlink:to="Locator_mbi_ChangeInUnrealizedGainLossOnInvestments_4598" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_4600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4599" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent_4600" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_4602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4601" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax_4602" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_4604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4603" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_4604" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_4606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4605" xlink:to="Locator_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost_4606" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4607" xlink:to="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity_4608" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract" xlink:label="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract_4609" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_4610" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_4639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_4639" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4640" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4641" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4641" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_4642" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4643" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4643" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4644" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_4648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4647" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_4648" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_4650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4649" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome_4650" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4651" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_4652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4651" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants_4652" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4653" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_4654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4653" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance_4654" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions" xlink:label="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_4656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4655" xlink:to="Locator_mbi_EffectiveIncomeTaxrateReconciliationUncertainTaxPositions_4656" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4657" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_4658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4657" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_4658" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4659" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_4660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4659" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes_4660" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4661" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_4662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4661" xlink:to="Locator_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment_4662" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_4664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4663" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_4664" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_4666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4665" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost_4666" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4667" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_4668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4667" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings_4668" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract" xlink:label="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4669" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_4670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract_4669" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_4670" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract_4645" xlink:to="Locator_us-gaap_EffectiveIncomeTaxRateContinuingOperations_4646" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="Locator_us-gaap_IncomeTaxDisclosureAbstract_4697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeTaxDisclosureAbstract_4697" xlink:to="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4698" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4699" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4707" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue" xlink:label="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_4708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4707" xlink:to="Locator_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue_4708" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesLossReserves" xlink:label="Locator_mbi_DeferredTaxLiabilitiesLossReserves_4710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4709" xlink:to="Locator_mbi_DeferredTaxLiabilitiesLossReserves_4710" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4711" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesDeferralOfCodIncome" xlink:label="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_4712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4711" xlink:to="Locator_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome_4712" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_4714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4713" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost_4714" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDerivatives" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesDerivatives_4716" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4715" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesDerivatives_4716" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_4718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4717" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates_4718" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_4720" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4719" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_4720" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestments" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesInvestments_4722" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4721" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesInvestments_4722" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_4724" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4723" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_4724" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxLiabilitiesVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxLiabilitiesVariableInterestEntities_4726" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4725" xlink:to="Locator_mbi_DeferredTaxLiabilitiesVariableInterestEntities_4726" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesOther_4728" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4727" xlink:to="Locator_us-gaap_DeferredTaxLiabilitiesOther_4728" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="Locator_us-gaap_DeferredIncomeTaxLiabilities_4730" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxLiabilitiesAbstract_4729" xlink:to="Locator_us-gaap_DeferredIncomeTaxLiabilities_4730" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4701" xlink:to="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4702" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_4732" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4731" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_4732" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_4734" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4733" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities_4734" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_4736" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4735" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves_4736" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4737" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards" xlink:label="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_4738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4737" xlink:to="Locator_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards_4738" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4739" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign_4740" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments" xlink:label="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_4742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4741" xlink:to="Locator_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments_4742" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4743" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsInsuredDerivatives" xlink:label="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_4744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4743" xlink:to="Locator_mbi_DeferredTaxAssetsInsuredDerivatives_4744" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsDerivativeInstruments" xlink:label="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_4746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4745" xlink:to="Locator_us-gaap_DeferredTaxAssetsDerivativeInstruments_4746" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOtherComprehensiveLoss" xlink:label="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_4748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4747" xlink:to="Locator_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss_4748" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax" xlink:label="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4749" xlink:to="Locator_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax_4750" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4751" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetsVariableInterestEntities" xlink:label="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_4752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4751" xlink:to="Locator_mbi_DeferredTaxAssetsVariableInterestEntities_4752" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="Locator_us-gaap_DeferredTaxAssetsOther_4754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4753" xlink:to="Locator_us-gaap_DeferredTaxAssetsOther_4754" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGrossAbstract" xlink:label="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="Locator_us-gaap_DeferredTaxAssetsGross_4756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredTaxAssetsGrossAbstract_4755" xlink:to="Locator_us-gaap_DeferredTaxAssetsGross_4756" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4703" xlink:to="Locator_us-gaap_DeferredTaxAssetsValuationAllowance_4704" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract" xlink:label="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4705" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComponentsOfDeferredTaxAssetsAndLiabilitiesAbstract_4705" xlink:to="Locator_us-gaap_DeferredTaxAssetsLiabilitiesNet_4706" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_4809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_4809" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_4810" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4827" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DomesticMember" xlink:label="Locator_mbi_DomesticMember_4828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4827" xlink:to="Locator_mbi_DomesticMember_4828" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4829" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ForeignMember" xlink:label="Locator_mbi_ForeignMember_4830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_4829" xlink:to="Locator_mbi_ForeignMember_4830" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract" xlink:label="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4825" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_4826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract_4825" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesTable_4826" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_4831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_4832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_4831" xlink:to="Locator_us-gaap_StatementLineItems_4832" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesTable" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesTable_4833" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesTable_4833" xlink:to="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4834" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeBeforeIncomeTaxesAxis" xlink:label="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_4836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_IncomeBeforeIncomeTaxesAxis_4835" xlink:to="Locator_dei_EntityDomain_4836" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureEarningsPerShareNarrativeDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AntidilutiveSharesAbstract" xlink:label="Locator_mbi_AntidilutiveSharesAbstract_4837" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="Locator_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AntidilutiveSharesAbstract_4837" xlink:to="Locator_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_4838" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4977" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4978" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4977" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4978" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4979" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4980" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_4979" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4980" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_4839" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_4839" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4840" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4867" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4867" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4868" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4945" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4945" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4946" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4841" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4841" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4842" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4847" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4847" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_4848" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4849" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_4850" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4851" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_4852" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecurities_4854" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4853" xlink:to="Locator_us-gaap_AvailableForSaleSecurities_4854" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_4856" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4855" xlink:to="Locator_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities_4856" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4843" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4843" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4844" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4860" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4859" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_4860" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4861" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss_4862" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4865" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities" xlink:label="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_4866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4865" xlink:to="Locator_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities_4866" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_4858" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4857" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_4858" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4863" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_4864" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_4948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4947" xlink:to="Locator_us-gaap_InvestmentTypeAxis_4948" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_4983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_4984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_4983" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_4984" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_4981" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_4982" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_4981" xlink:to="Locator_us-gaap_FixedMaturitiesMember_4982" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4949" xlink:to="Locator_invest_InvestmentAxis_4950" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_4953" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4954" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_4953" xlink:to="Locator_invest_InvestmentDomain_4954" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_4956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4955" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_4956" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4957" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_4958" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4957" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_4958" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4959" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_4960" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4959" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_4960" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4961" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_4962" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4961" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_4962" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4963" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_4964" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4963" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_4964" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4965" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_4966" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4965" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_4966" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4967" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_4968" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4967" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_4968" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4969" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_4970" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4969" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_4970" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4971" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_4972" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4971" xlink:to="Locator_mbi_OtherAssetBackedMember_4972" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4973" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_4974" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4973" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_4974" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_4975" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_4976" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_4975" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_4976" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_4951" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_4952" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5153" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5153" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5154" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5155" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5155" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5156" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_4985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_4985" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_4986" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5041" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5041" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5042" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5147" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5147" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5148" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4987" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4988" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_4994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4993" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_4994" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_4996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4995" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_4996" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_4998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4997" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_4998" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_4999" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis_5000" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5001" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost_5002" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5003" xlink:to="Locator_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_5004" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5005" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5005" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5006" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5007" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5007" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5008" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5009" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5009" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5010" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5011" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5011" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue_5012" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5013" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5013" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5014" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5015" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5015" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5016" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_4989" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_4990" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5017" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5017" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount_5018" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5019" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount_5020" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5021" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5021" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_5022" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5023" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount_5024" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5025" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount_5026" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5027" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecurities" xlink:label="Locator_us-gaap_HeldToMaturitySecurities_5028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5027" xlink:to="Locator_us-gaap_HeldToMaturitySecurities_5028" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5029" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_5030" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5031" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_5032" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5033" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_5034" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5035" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue_5036" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5037" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue_5038" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5039" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesFairValue_5040" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5149" xlink:to="Locator_us-gaap_InvestmentTypeAxis_5150" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_5159" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_5160" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_5157" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5158" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5151" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5152" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5309" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5310" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5311" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5312" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsAbstract" xlink:label="Locator_us-gaap_InvestmentsAbstract_5161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentsAbstract_5161" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5162" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5193" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesAbstract_5193" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5194" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5277" xlink:to="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5278" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5163" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5163" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5164" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5169" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5170" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5171" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5172" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5173" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5174" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5175" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5176" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5177" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue_5178" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAbstract" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AvailableForSaleSecuritiesAbstract_5179" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5180" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5165" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesLineItems_5165" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5166" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5181" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue_5182" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5183" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_5184" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5185" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue_5186" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5187" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_5188" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5189" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue_5190" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss" xlink:label="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract_5191" xlink:to="Locator_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss_5192" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5279" xlink:to="Locator_us-gaap_InvestmentTypeAxis_5280" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_5315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_5315" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_5316" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_5313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FixedMaturitiesMember" xlink:label="Locator_us-gaap_FixedMaturitiesMember_5314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_5313" xlink:to="Locator_us-gaap_FixedMaturitiesMember_5314" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5281" xlink:to="Locator_invest_InvestmentAxis_5282" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_5285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_5285" xlink:to="Locator_invest_InvestmentDomain_5286" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_5288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5287" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_5288" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5289" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_5290" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_5292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5291" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_5292" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5293" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_5294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5293" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_5294" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5295" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_5296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5295" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_5296" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5297" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5297" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_5298" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5299" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_5300" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_5302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5301" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_5302" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5303" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_5304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5303" xlink:to="Locator_mbi_OtherAssetBackedMember_5304" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_5306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5305" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_5306" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_5307" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_5307" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_5308" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable" xlink:label="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AvailableForSaleSecuritiesAndHeldToMaturitySecuritiesTable_5283" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5284" order="3.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTextBlock_5318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5317" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTextBlock_5318" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesUsefulLivesOfEachClassOfAssetsDetails">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_5357" xlink:to="Locator_us-gaap_RangeMember_5358" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5373" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="Locator_us-gaap_WeightedAverageMember_5374" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5373" xlink:to="Locator_us-gaap_WeightedAverageMember_5374" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5369" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5370" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5369" xlink:to="Locator_us-gaap_MinimumMember_5370" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5371" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5372" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5371" xlink:to="Locator_us-gaap_MaximumMember_5372" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentAbstract_5323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentAbstract_5323" xlink:to="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5324" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5351" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5352" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_5320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentLineItems_5319" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentUsefulLife_5320" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5353" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5354" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentByTypeAxis_5359" xlink:to="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5360" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5361" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="Locator_us-gaap_BuildingAndBuildingImprovementsMember_5362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5361" xlink:to="Locator_us-gaap_BuildingAndBuildingImprovementsMember_5362" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LeaseholdImprovementsMember" xlink:label="Locator_us-gaap_LeaseholdImprovementsMember_5364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5363" xlink:to="Locator_us-gaap_LeaseholdImprovementsMember_5364" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5365" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FurnitureAndFixturesMember" xlink:label="Locator_us-gaap_FurnitureAndFixturesMember_5366" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5365" xlink:to="Locator_us-gaap_FurnitureAndFixturesMember_5366" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComputerEquipmentMember" xlink:label="Locator_us-gaap_ComputerEquipmentMember_5368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_PropertyPlantAndEquipmentTypeDomain_5367" xlink:to="Locator_us-gaap_ComputerEquipmentMember_5368" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_5355" xlink:to="Locator_us-gaap_RangeAxis_5356" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="Locator_us-gaap_AccountingPoliciesAbstract_5385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountingPoliciesAbstract_5385" xlink:to="Locator_us-gaap_StatementTable_5386" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5419" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5419" xlink:to="Locator_mbi_AccountingPolicyLineItems_5420" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5375" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage" xlink:label="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_5376" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_5375" xlink:to="Locator_mbi_ControllingFinancialInterestEvidenceByVotingInterestGreaterThanCertainPercentage_5376" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5377" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement" xlink:label="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_5378" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_5377" xlink:to="Locator_us-gaap_DiscussionOfFairValueHedgeEffectivenessAssessmentAndMeasurement_5378" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5379" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfQualifiedFinancialGuaranteeContracts" xlink:label="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_5380" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_5379" xlink:to="Locator_mbi_PercentageOfQualifiedFinancialGuaranteeContracts_5380" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccountingPolicyLineItems" xlink:label="Locator_mbi_AccountingPolicyLineItems_5381" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount" xlink:label="Locator_us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount_5382" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_AccountingPolicyLineItems_5381" xlink:to="Locator_us-gaap_QuantifyingMisstatementInCurrentYearFinancialStatementsAmount_5382" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5421" xlink:to="Locator_us-gaap_RangeAxis_5422" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5433" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_5433" xlink:to="Locator_us-gaap_RangeMember_5434" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5439" xlink:to="Locator_us-gaap_MinimumMember_5440" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5441" xlink:to="Locator_us-gaap_MaximumMember_5442" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5423" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5423" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5424" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5427" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_5427" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5428" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5429" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember" xlink:label="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_5430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5429" xlink:to="Locator_us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember_5430" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_5431" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5432" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5425" xlink:to="Locator_us-gaap_StatementScenarioAxis_5426" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_5435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_5435" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_5436" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_5437" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioPreviouslyReportedMember" xlink:label="Locator_us-gaap_ScenarioPreviouslyReportedMember_5438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_5437" xlink:to="Locator_us-gaap_ScenarioPreviouslyReportedMember_5438" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:label="Locator_us-gaap_ComprehensiveIncomeNoteTextBlock_5444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5443" xlink:to="Locator_us-gaap_ComprehensiveIncomeNoteTextBlock_5444" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5445" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_5446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5445" xlink:to="Locator_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_5446" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5447" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_5448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5447" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock_5448" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5485" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_5486" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_5487" xlink:to="Locator_us-gaap_EquityComponentDomain_5488" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_5489" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5490" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_5491" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5492" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5483" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5484" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5483" xlink:to="Locator_us-gaap_StatementLineItems_5484" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5449" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5449" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax_5450" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5451" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax" xlink:label="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5451" xlink:to="Locator_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax_5452" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5453" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5453" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_5454" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5455" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5456" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5457" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_5458" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_5481" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5482" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_5481" xlink:to="Locator_us-gaap_StatementTable_5482" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5539" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5539" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_5540" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_5543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_5543" xlink:to="Locator_us-gaap_EquityComponentDomain_5544" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember" xlink:label="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5546" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_5545" xlink:to="Locator_us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember_5546" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_5547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedTranslationAdjustmentMember" xlink:label="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_5547" xlink:to="Locator_us-gaap_AccumulatedTranslationAdjustmentMember_5548" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5541" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5542" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis_5549" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5550" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember" xlink:label="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_5552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeDomain_5551" xlink:to="Locator_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember_5552" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_5537" xlink:to="Locator_us-gaap_StatementLineItems_5538" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5493" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_5494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5493" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_5494" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_5496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5495" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_5496" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_5498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5497" xlink:to="Locator_us-gaap_NetInvestmentIncome_5498" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5499" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_5500" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_5502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5501" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_5502" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_5503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_5504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_5503" xlink:to="Locator_us-gaap_NetIncomeLoss_5504" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_5507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_5508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_5507" xlink:to="Locator_us-gaap_StatementTable_5508" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessSegmentsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract" xlink:label="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_5553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="Locator_us-gaap_NumberOfOperatingSegments_5554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract_5553" xlink:to="Locator_us-gaap_NumberOfOperatingSegments_5554" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebt">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_5555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="Locator_us-gaap_DebtDisclosureTextBlock_5556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_5555" xlink:to="Locator_us-gaap_DebtDisclosureTextBlock_5556" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_5851" xlink:to="Locator_us-gaap_RangeMember_5852" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_5896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5895" xlink:to="Locator_us-gaap_MinimumMember_5896" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_5893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_5894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_5893" xlink:to="Locator_us-gaap_MaximumMember_5894" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_5881" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductOrServiceAxis_5881" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_5882" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5883" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConduitsMember" xlink:label="Locator_mbi_ConduitsMember_5884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5883" xlink:to="Locator_mbi_ConduitsMember_5884" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5885" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetLiabilityProductsMember" xlink:label="Locator_mbi_AssetLiabilityProductsMember_5886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5885" xlink:to="Locator_mbi_AssetLiabilityProductsMember_5886" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_5887" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalFundingLimitedMember" xlink:label="Locator_mbi_GlobalFundingLimitedMember_5888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_5887" xlink:to="Locator_mbi_GlobalFundingLimitedMember_5888" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5835" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5836" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_5835" xlink:to="Locator_dei_EntityDomain_5836" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5837" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MBIACorpFinancingFacilityMember" xlink:label="Locator_mbi_MBIACorpFinancingFacilityMember_5838" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5837" xlink:to="Locator_mbi_MBIACorpFinancingFacilityMember_5838" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5847" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CutwaterIscMember" xlink:label="Locator_mbi_CutwaterIscMember_5848" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5847" xlink:to="Locator_mbi_CutwaterIscMember_5848" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5849" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5850" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5849" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_5850" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5839" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_5840" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5839" xlink:to="Locator_mbi_MbiaIncMember_5840" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5843" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_5844" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5843" xlink:to="Locator_mbi_MbiaCorpMember_5844" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5841" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_5842" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5841" xlink:to="Locator_mbi_NationalMember_5842" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_5845" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_5846" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_5845" xlink:to="Locator_mbi_BlueRidgeMember_5846" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_5649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_5649" xlink:to="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5650" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5821" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5822" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5821" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_5822" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5557" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity" xlink:label="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_5558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5557" xlink:to="Locator_mbi_AggregatePrincipalAmountInExcessOfFailuretoMakePaymentAtMaturity_5558" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5565" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_5566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5565" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_5566" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5567" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentDescriptionOfVariableRateBasis" xlink:label="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_5568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5567" xlink:to="Locator_us-gaap_DebtInstrumentDescriptionOfVariableRateBasis_5568" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_5570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5569" xlink:to="Locator_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_5570" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5571" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesOwnedAtParValue" xlink:label="Locator_mbi_SurplusNotesOwnedAtParValue_5572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5571" xlink:to="Locator_mbi_SurplusNotesOwnedAtParValue_5572" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5573" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesOwnedAtParValue" xlink:label="Locator_mbi_SeniorNotesOwnedAtParValue_5574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5573" xlink:to="Locator_mbi_SeniorNotesOwnedAtParValue_5574" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5575" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="Locator_mbi_SeniorNotesPurchasedAtParValue_5576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5575" xlink:to="Locator_mbi_SeniorNotesPurchasedAtParValue_5576" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5577" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesWeightedAveragePricePerUnit" xlink:label="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_5578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5577" xlink:to="Locator_mbi_SurplusNotesWeightedAveragePricePerUnit_5578" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchaseAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchaseAmount_5580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5579" xlink:to="Locator_us-gaap_DebtInstrumentRepurchaseAmount_5580" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5583" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WeightedAveragePriceOfSeniorNotes" xlink:label="Locator_mbi_WeightedAveragePriceOfSeniorNotes_5584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5583" xlink:to="Locator_mbi_WeightedAveragePriceOfSeniorNotes_5584" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="Locator_us-gaap_DebtWeightedAverageInterestRate_5586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5585" xlink:to="Locator_us-gaap_DebtWeightedAverageInterestRate_5586" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5589" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="Locator_us-gaap_ProceedsFromLegalSettlements_5590" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5589" xlink:to="Locator_us-gaap_ProceedsFromLegalSettlements_5590" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentRepurchasedFaceAmount" xlink:label="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_5592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5591" xlink:to="Locator_us-gaap_DebtInstrumentRepurchasedFaceAmount_5592" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5593" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentRepurchasedPercentOfParValue" xlink:label="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_5594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5593" xlink:to="Locator_mbi_DebtInstrumentRepurchasedPercentOfParValue_5594" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_5596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5595" xlink:to="Locator_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_5596" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="Locator_us-gaap_LineOfCredit_5598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5597" xlink:to="Locator_us-gaap_LineOfCredit_5598" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityInterestRateDuringPeriod" xlink:label="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_5600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5599" xlink:to="Locator_us-gaap_LineOfCreditFacilityInterestRateDuringPeriod_5600" order="22.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5601" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralCorporatePurposesProceedsLimit" xlink:label="Locator_mbi_GeneralCorporatePurposesProceedsLimit_5602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5601" xlink:to="Locator_mbi_GeneralCorporatePurposesProceedsLimit_5602" order="23.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5603" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityRequirementsPeriod" xlink:label="Locator_mbi_LiquidityRequirementsPeriod_5604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5603" xlink:to="Locator_mbi_LiquidityRequirementsPeriod_5604" order="24.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5605" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubsidiaryCollateralPercentage" xlink:label="Locator_mbi_SubsidiaryCollateralPercentage_5606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5605" xlink:to="Locator_mbi_SubsidiaryCollateralPercentage_5606" order="25.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5607" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredLineOfCreditCollateral" xlink:label="Locator_mbi_SecuredLineOfCreditCollateral_5608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5607" xlink:to="Locator_mbi_SecuredLineOfCreditCollateral_5608" order="26.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage" xlink:label="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_5610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5609" xlink:to="Locator_us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage_5610" order="27.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount" xlink:label="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_5612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5611" xlink:to="Locator_mbi_LineOfCreditFacilityInterestAndCommitmentFeeAmount_5612" order="28.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5613" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeeAmount" xlink:label="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_5614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5613" xlink:to="Locator_us-gaap_LineOfCreditFacilityCommitmentFeeAmount_5614" order="29.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations" xlink:label="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_5616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5615" xlink:to="Locator_us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations_5616" order="30.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SecuredRevolvingCreditAgreementTerm" xlink:label="Locator_mbi_SecuredRevolvingCreditAgreementTerm_5618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5617" xlink:to="Locator_mbi_SecuredRevolvingCreditAgreementTerm_5618" order="31.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PutbackRecoveriesCollateralPercentage" xlink:label="Locator_mbi_PutbackRecoveriesCollateralPercentage_5620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5619" xlink:to="Locator_mbi_PutbackRecoveriesCollateralPercentage_5620" order="32.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_5622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5621" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearOneToYearTwo_5622" order="33.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree" xlink:label="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_5624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5623" xlink:to="Locator_mbi_OtherPrepaymentCollateralPercentageAfterYearTwoToYearThree_5624" order="34.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5625" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralPercentage" xlink:label="Locator_mbi_DisposalOfAssetsCollateralPercentage_5626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5625" xlink:to="Locator_mbi_DisposalOfAssetsCollateralPercentage_5626" order="35.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5627" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DisposalOfAssetsCollateralMaximum" xlink:label="Locator_mbi_DisposalOfAssetsCollateralMaximum_5628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5627" xlink:to="Locator_mbi_DisposalOfAssetsCollateralMaximum_5628" order="36.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5629" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidityBorrowingsRepaymentPeriod" xlink:label="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_5630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5629" xlink:to="Locator_mbi_LiquidityBorrowingsRepaymentPeriod_5630" order="37.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5631" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumStatutoryCapitalRequirement" xlink:label="Locator_mbi_MinimumStatutoryCapitalRequirement_5632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5631" xlink:to="Locator_mbi_MinimumStatutoryCapitalRequirement_5632" order="38.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5633" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsMaximumAmount_5634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5633" xlink:to="Locator_mbi_RemediationEffortsMaximumAmount_5634" order="39.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5635" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsLoansOutstandingMaximumAmount" xlink:label="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_5636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5635" xlink:to="Locator_mbi_RemediationEffortsLoansOutstandingMaximumAmount_5636" order="40.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RemediationEffortsStatutoryCapitalReductionMaximum" xlink:label="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_5638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5637" xlink:to="Locator_mbi_RemediationEffortsStatutoryCapitalReductionMaximum_5638" order="41.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5639" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="Locator_us-gaap_LettersOfCreditOutstandingAmount_5640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5639" xlink:to="Locator_us-gaap_LettersOfCreditOutstandingAmount_5640" order="42.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberPooledInvestmentPrograms" xlink:label="Locator_mbi_NumberPooledInvestmentPrograms_5642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5641" xlink:to="Locator_mbi_NumberPooledInvestmentPrograms_5642" order="43.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5643" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_5644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5643" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt_5644" order="44.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5645" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="Locator_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_5646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5645" xlink:to="Locator_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_5646" order="45.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_5560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5559" xlink:to="Locator_us-gaap_SurplusNotes_5560" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_5564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5563" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_5564" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_5562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5561" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_5562" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_5588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5587" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_5588" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_5581" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_5582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_5581" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_5582" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5823" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_5824" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5823" xlink:to="Locator_us-gaap_RangeAxis_5824" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5825" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_5826" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5825" xlink:to="Locator_dei_LegalEntityAxis_5826" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5827" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_5828" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5827" xlink:to="Locator_us-gaap_CreditFacilityAxis_5828" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="Locator_us-gaap_CreditFacilityAxis_5853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5854" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityAxis_5853" xlink:to="Locator_us-gaap_CreditFacilityDomain_5854" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5855" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InitialMember" xlink:label="Locator_mbi_InitialMember_5856" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5855" xlink:to="Locator_mbi_InitialMember_5856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5857" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BaseRateLoansMember" xlink:label="Locator_mbi_BaseRateLoansMember_5858" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5857" xlink:to="Locator_mbi_BaseRateLoansMember_5858" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_5860" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5859" xlink:to="Locator_us-gaap_MediumTermNotesMember_5860" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5861" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_5862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5861" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_5862" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5863" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndrawnMember" xlink:label="Locator_mbi_UndrawnMember_5864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5863" xlink:to="Locator_mbi_UndrawnMember_5864" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="Locator_us-gaap_CreditFacilityDomain_5865" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingMember" xlink:label="Locator_mbi_OutstandingMember_5866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CreditFacilityDomain_5865" xlink:to="Locator_mbi_OutstandingMember_5866" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5829" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_5830" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5829" xlink:to="Locator_us-gaap_DebtInstrumentAxis_5830" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_5867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_5867" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_5868" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5869" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ApplicableMarginMember" xlink:label="Locator_mbi_ApplicableMarginMember_5870" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5869" xlink:to="Locator_mbi_ApplicableMarginMember_5870" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5871" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FederalFundsRateMarginMember" xlink:label="Locator_mbi_FederalFundsRateMarginMember_5872" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5871" xlink:to="Locator_mbi_FederalFundsRateMarginMember_5872" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5873" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustedLiborRateMarginMember" xlink:label="Locator_mbi_AdjustedLiborRateMarginMember_5874" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5873" xlink:to="Locator_mbi_AdjustedLiborRateMarginMember_5874" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5875" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AveragerateMember" xlink:label="Locator_mbi_AveragerateMember_5876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5875" xlink:to="Locator_mbi_AveragerateMember_5876" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5879" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSurplusNotesMember" xlink:label="Locator_mbi_MbiaCorpSurplusNotesMember_5880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5879" xlink:to="Locator_mbi_MbiaCorpSurplusNotesMember_5880" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_5877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_5878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_5877" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_5878" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5831" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_5832" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5831" xlink:to="Locator_us-gaap_ProductOrServiceAxis_5832" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5833" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_5834" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_5833" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_5834" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_5889" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_5890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_5889" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_5890" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_5891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_5892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_5891" xlink:to="Locator_us-gaap_SubsequentEventMember_5892" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiums">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsTextBlock" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_5898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5897" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock_5898" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5899" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RollforwardOfPremiumsReceivableTableTextBlock" xlink:label="Locator_mbi_RollforwardOfPremiumsReceivableTableTextBlock_5900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5899" xlink:to="Locator_mbi_RollforwardOfPremiumsReceivableTableTextBlock_5900" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5901" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock" xlink:label="Locator_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_5902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5901" xlink:to="Locator_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock_5902" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_5903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock" xlink:label="Locator_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_5904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_5903" xlink:to="Locator_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock_5904" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForce">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_5905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceTextBlock" xlink:label="Locator_mbi_InsuranceInForceTextBlock_5906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_5905" xlink:to="Locator_mbi_InsuranceInForceTextBlock_5906" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividends">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_5907" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTextBlock" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTextBlock_5908" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_5907" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTextBlock_5908" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlans">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_5909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="Locator_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_5910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_5909" xlink:to="Locator_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_5910" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongtermIncentivePlans">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_5911" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_5912" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_5911" xlink:to="Locator_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_5912" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStock">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="Locator_us-gaap_StockholdersEquityNoteAbstract_5913" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="Locator_us-gaap_StockholdersEquityNoteDisclosureTextBlock_5914" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityNoteAbstract_5913" xlink:to="Locator_us-gaap_StockholdersEquityNoteDisclosureTextBlock_5914" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/RelatedPartyTransactions">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_5915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="Locator_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_5916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_5915" xlink:to="Locator_us-gaap_RelatedPartyTransactionsDisclosureTextBlock_5916" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6051" xlink:to="Locator_us-gaap_RangeMember_6052" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_6083" xlink:to="Locator_us-gaap_MinimumMember_6084" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_6085" xlink:to="Locator_us-gaap_MaximumMember_6086" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6073" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_6073" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_6074" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6075" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AfterAmendmentMember" xlink:label="Locator_mbi_AfterAmendmentMember_6076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6075" xlink:to="Locator_mbi_AfterAmendmentMember_6076" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6077" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PriorToAmendmentMember" xlink:label="Locator_mbi_PriorToAmendmentMember_6078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6077" xlink:to="Locator_mbi_PriorToAmendmentMember_6078" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6079" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockPriceTargetsMember" xlink:label="Locator_mbi_StockPriceTargetsMember_6080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6079" xlink:to="Locator_mbi_StockPriceTargetsMember_6080" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_6081" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternalPerformanceConditionsMember" xlink:label="Locator_mbi_InternalPerformanceConditionsMember_6082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_6081" xlink:to="Locator_mbi_InternalPerformanceConditionsMember_6082" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_5955" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5956" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_5955" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_5956" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6045" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6045" xlink:to="Locator_us-gaap_RangeAxis_6046" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6047" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6047" xlink:to="Locator_us-gaap_TitleOfIndividualAxis_6048" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="Locator_us-gaap_TitleOfIndividualAxis_6067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualAxis_6067" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6068" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6069" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_KeyEmployeesMember" xlink:label="Locator_mbi_KeyEmployeesMember_6070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6069" xlink:to="Locator_mbi_KeyEmployeesMember_6070" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6071" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BoardOfDirectorsMember" xlink:label="Locator_mbi_BoardOfDirectorsMember_6072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6071" xlink:to="Locator_mbi_BoardOfDirectorsMember_6072" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6049" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_6050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6049" xlink:to="Locator_us-gaap_StatementScenarioAxis_6050" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6043" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6043" xlink:to="Locator_us-gaap_AwardTypeAxis_6044" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_6053" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6054" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6055" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OmnibusPlanMember" xlink:label="Locator_mbi_OmnibusPlanMember_6056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6055" xlink:to="Locator_mbi_OmnibusPlanMember_6056" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6059" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RestrictedShareUnitMember" xlink:label="Locator_mbi_RestrictedShareUnitMember_6060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6059" xlink:to="Locator_mbi_RestrictedShareUnitMember_6060" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6061" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="Locator_us-gaap_EmployeeStockOptionMember_6062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6061" xlink:to="Locator_us-gaap_EmployeeStockOptionMember_6062" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6063" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerformanceBasedAwardsMember" xlink:label="Locator_mbi_PerformanceBasedAwardsMember_6064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6063" xlink:to="Locator_mbi_PerformanceBasedAwardsMember_6064" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6065" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredCashAwardsMember" xlink:label="Locator_mbi_DeferredCashAwardsMember_6066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6065" xlink:to="Locator_mbi_DeferredCashAwardsMember_6066" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6057" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6058" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6057" xlink:to="Locator_us-gaap_RestrictedStockMember_6058" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6041" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6041" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6042" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_5918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5917" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_5918" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_5920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5919" xlink:to="Locator_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_5920" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5921" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_5922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5921" xlink:to="Locator_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan_5922" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan" xlink:label="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_5924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5923" xlink:to="Locator_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan_5924" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage" xlink:label="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_5926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5925" xlink:to="Locator_mbi_IncentiveStockOptionsAndNonQualifiedStockOptionsGrantedPriceAtFairValueOfCommonStockPercentage_5926" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod" xlink:label="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5927" xlink:to="Locator_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod_5928" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_5930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5929" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant_5930" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_5932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5931" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross_5932" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_5934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5933" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures_5934" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="Locator_us-gaap_AllocatedShareBasedCompensationExpense_5936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5935" xlink:to="Locator_us-gaap_AllocatedShareBasedCompensationExpense_5936" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_5938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5937" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_5938" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5939" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation" xlink:label="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_5940" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5939" xlink:to="Locator_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation_5940" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5941" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeferredTaxAssetWriteOff" xlink:label="Locator_mbi_DeferredTaxAssetWriteOff_5942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5941" xlink:to="Locator_mbi_DeferredTaxAssetWriteOff_5942" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5943" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_5944" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5943" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_5944" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5945" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_5946" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5945" xlink:to="Locator_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_5946" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5947" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_5948" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5947" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_5948" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5949" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_5950" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5949" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_5950" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5951" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_5952" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_5951" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross_5952" order="18.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6131" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6132" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6131" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6132" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6139" xlink:to="Locator_us-gaap_AwardTypeAxis_6140" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_6133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_6133" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6134" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="Locator_us-gaap_RestrictedStockMember_6136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_6135" xlink:to="Locator_us-gaap_RestrictedStockMember_6136" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6137" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6138" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6087" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_6088" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6089" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_6090" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6091" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6092" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6093" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6094" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6095" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6096" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6097" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_6098" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6099" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_6100" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6101" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6102" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6103" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6104" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6105" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6106" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansNumberOfRestrictedShareAwardsGrantedDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6157" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6157" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6158" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6161" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OfficerMember" xlink:label="Locator_us-gaap_OfficerMember_6162" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6161" xlink:to="Locator_us-gaap_OfficerMember_6162" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6163" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherOneMember" xlink:label="Locator_mbi_OtherOneMember_6164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6163" xlink:to="Locator_mbi_OtherOneMember_6164" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6159" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6160" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_6141" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6142" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6165" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6166" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_6165" xlink:to="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6166" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis" xlink:label="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6167" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6168" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_NumberOfOptionsOrRestrictedShareAwardsGrantedByTitleOfIndividualAxis_6167" xlink:to="Locator_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_6168" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6171" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6172" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6171" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_6172" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6173" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6174" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6173" xlink:to="Locator_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_6174" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6175" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6176" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6175" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_6176" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6169" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6170" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6169" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6170" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6177" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6178" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6177" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_6178" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6179" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6180" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6179" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_6180" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6183" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_6184" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6183" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_6184" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6185" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_6186" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6185" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_6186" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6187" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_6188" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6187" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice_6188" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6181" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6182" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6181" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6182" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6189" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6190" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6189" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_6190" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6191" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6192" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6191" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_6192" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6193" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6194" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6193" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_6194" order="13.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/LongtermIncentivePlansTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6195" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_6196" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6195" xlink:to="Locator_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_6196" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6197" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock" xlink:label="Locator_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_6198" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6197" xlink:to="Locator_mbi_ScheduleOfNumberOfRestrictedSharesAwardsGrantedTableTextBlock_6198" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6199" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_6200" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6199" xlink:to="Locator_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_6200" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6201" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock" xlink:label="Locator_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_6202" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6201" xlink:to="Locator_mbi_ScheduleOfNumberOfOptionsGrantedTableTextBlock_6202" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6203" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6204" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6203" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_6204" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6205" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock" xlink:label="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_6206" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_6205" xlink:to="Locator_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_6206" order="6.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6207" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="Locator_us-gaap_ScheduleOfDebtInstrumentsTextBlock_6208" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6207" xlink:to="Locator_us-gaap_ScheduleOfDebtInstrumentsTextBlock_6208" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6209" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="Locator_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6210" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6209" xlink:to="Locator_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_6210" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6211" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock" xlink:label="Locator_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_6212" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6211" xlink:to="Locator_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock_6212" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6213" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock" xlink:label="Locator_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_6214" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6213" xlink:to="Locator_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock_6214" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6215" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock" xlink:label="Locator_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_6216" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6215" xlink:to="Locator_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock_6216" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6221" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermDebtBeforeSurplusNotesNoncurrent" xlink:label="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_6222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6221" xlink:to="Locator_mbi_LongTermDebtBeforeSurplusNotesNoncurrent_6222" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SurplusNotes" xlink:label="Locator_us-gaap_SurplusNotes_6224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6223" xlink:to="Locator_us-gaap_SurplusNotes_6224" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6227" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_Issuancecostsdebt" xlink:label="Locator_mbi_Issuancecostsdebt_6228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6227" xlink:to="Locator_mbi_Issuancecostsdebt_6228" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_6230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6229" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_6230" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="Locator_us-gaap_DebtInstrumentMaturityDate_6232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6231" xlink:to="Locator_us-gaap_DebtInstrumentMaturityDate_6232" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6233" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateStatedPercentage_6234" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6237" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateEarliest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateEarliest_6238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6237" xlink:to="Locator_us-gaap_DebtInstrumentCallDateEarliest_6238" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForFirstFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_6240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6239" xlink:to="Locator_mbi_DebtInstrumentCallDateForFirstFifthAnniversary_6240" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6241" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentCallDateForSecondFifthAnniversary" xlink:label="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_6242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6241" xlink:to="Locator_mbi_DebtInstrumentCallDateForSecondFifthAnniversary_6242" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCallDateLatest" xlink:label="Locator_us-gaap_DebtInstrumentCallDateLatest_6244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6243" xlink:to="Locator_us-gaap_DebtInstrumentCallDateLatest_6244" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6217" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6218" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6219" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6220" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6225" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6226" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6235" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6235" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6236" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6307" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6308" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6311" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember" xlink:label="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_6312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6311" xlink:to="Locator_mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember_6312" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember" xlink:label="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_6314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6313" xlink:to="Locator_mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember_6314" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember" xlink:label="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_6316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6315" xlink:to="Locator_mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember_6316" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncSeniorNotesMember" xlink:label="Locator_mbi_MbiaIncSeniorNotesMember_6322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6321" xlink:to="Locator_mbi_MbiaIncSeniorNotesMember_6322" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6319" xlink:to="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6320" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6309" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6310" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6317" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6318" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6247" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6247" xlink:to="Locator_us-gaap_DebtInstrumentTable_6248" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6303" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_6304" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6305" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6306" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6323" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NotesCallablePrice" xlink:label="Locator_mbi_NotesCallablePrice_6324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6323" xlink:to="Locator_mbi_NotesCallablePrice_6324" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6325" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6326" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6327" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6328" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6329" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6330" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6331" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6332" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6333" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6334" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6335" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6336" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6337" xlink:to="Locator_us-gaap_LongTermDebt_6338" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6389" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6390" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6389" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6390" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6391" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_6392" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6391" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_6392" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6393" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusNotesDueTwoThousandThirtyThreeMember" xlink:label="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6394" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6393" xlink:to="Locator_mbi_SurplusNotesDueTwoThousandThirtyThreeMember_6394" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6395" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtMember" xlink:label="Locator_us-gaap_DebtMember_6396" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6395" xlink:to="Locator_us-gaap_DebtMember_6396" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6397" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember" xlink:label="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6398" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6397" xlink:to="Locator_mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember_6398" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6399" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember" xlink:label="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6400" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6399" xlink:to="Locator_mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember_6400" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6341" xlink:to="Locator_us-gaap_DebtInstrumentTable_6342" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6385" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6386" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6385" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_6386" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6387" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6388" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6387" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6388" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6401" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6402" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6401" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_6402" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6403" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6404" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6403" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_6404" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6405" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6406" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6405" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_6406" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6407" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6407" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_6408" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6409" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_6410" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6411" xlink:to="Locator_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_6412" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="Locator_us-gaap_DebtInstrumentCarryingAmount_6414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6413" xlink:to="Locator_us-gaap_DebtInstrumentCarryingAmount_6414" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6415" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest" xlink:label="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6415" xlink:to="Locator_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest_6416" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebt" xlink:label="Locator_us-gaap_LongTermDebt_6418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6417" xlink:to="Locator_us-gaap_LongTermDebt_6418" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6419" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentUnamortizedDiscount" xlink:label="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6419" xlink:to="Locator_us-gaap_DebtInstrumentUnamortizedDiscount_6420" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6421" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrentAndNoncurrent" xlink:label="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6421" xlink:to="Locator_us-gaap_InterestPayableCurrentAndNoncurrent_6422" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6423" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentFairValueAdjustment" xlink:label="Locator_mbi_DebtInstrumentFairValueAdjustment_6424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6423" xlink:to="Locator_mbi_DebtInstrumentFairValueAdjustment_6424" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFairValue" xlink:label="Locator_us-gaap_DebtInstrumentFairValue_6426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6425" xlink:to="Locator_us-gaap_DebtInstrumentFairValue_6426" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6427" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DebtInstrumentMaturityYear" xlink:label="Locator_mbi_DebtInstrumentMaturityYear_6428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentLineItems_6427" xlink:to="Locator_mbi_DebtInstrumentMaturityYear_6428" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentAxis_6501" xlink:to="Locator_us-gaap_DebtInstrumentNameDomain_6502" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6503" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementObligationsMember" xlink:label="Locator_mbi_InvestmentAgreementObligationsMember_6504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6503" xlink:to="Locator_mbi_InvestmentAgreementObligationsMember_6504" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MediumTermNotesMember" xlink:label="Locator_us-gaap_MediumTermNotesMember_6506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6505" xlink:to="Locator_us-gaap_MediumTermNotesMember_6506" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="Locator_us-gaap_DebtInstrumentNameDomain_6507" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_VariableInterestEntityDebtMember" xlink:label="Locator_mbi_VariableInterestEntityDebtMember_6508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentNameDomain_6507" xlink:to="Locator_mbi_VariableInterestEntityDebtMember_6508" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="Locator_us-gaap_DebtDisclosureAbstract_6431" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtDisclosureAbstract_6431" xlink:to="Locator_us-gaap_DebtInstrumentTable_6432" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="Locator_us-gaap_DebtInstrumentLineItems_6496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6495" xlink:to="Locator_us-gaap_DebtInstrumentLineItems_6496" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="Locator_us-gaap_DebtInstrumentAxis_6498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6497" xlink:to="Locator_us-gaap_DebtInstrumentAxis_6498" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="Locator_us-gaap_DebtInstrumentTable_6499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtInstrumentTable_6499" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6500" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6509" xlink:to="Locator_us-gaap_SegmentDomain_6510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6513" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvisoryServicesMember" xlink:label="Locator_mbi_AdvisoryServicesMember_6514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6513" xlink:to="Locator_mbi_AdvisoryServicesMember_6514" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6511" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6511" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6512" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6621" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6621" xlink:to="Locator_us-gaap_SegmentDomain_6622" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6625" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateOperationsMember" xlink:label="Locator_mbi_CorporateOperationsMember_6626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6625" xlink:to="Locator_mbi_CorporateOperationsMember_6626" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6623" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_6624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6623" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_6624" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6627" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6627" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6628" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="Locator_us-gaap_SegmentReportingAbstract_6555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingAbstract_6555" xlink:to="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6556" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6615" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6615" xlink:to="Locator_us-gaap_SegmentReportingInformationLineItems_6616" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RevenueOtherFinancialServices" xlink:label="Locator_us-gaap_RevenueOtherFinancialServices_6516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6515" xlink:to="Locator_us-gaap_RevenueOtherFinancialServices_6516" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnDerivativeInstrumentsNetPretax" xlink:label="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_6518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6517" xlink:to="Locator_us-gaap_GainLossOnDerivativeInstrumentsNetPretax_6518" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6519" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6519" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_6520" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_6522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6521" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_6522" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6523" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6523" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_6524" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6525" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_6526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6525" xlink:to="Locator_us-gaap_OtherIncome_6526" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenuesOfConsolidatedVies" xlink:label="Locator_mbi_RevenuesOfConsolidatedVies_6528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6527" xlink:to="Locator_mbi_RevenuesOfConsolidatedVies_6528" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6529" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6529" xlink:to="Locator_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6530" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_6532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6531" xlink:to="Locator_us-gaap_Revenues_6532" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PolicyholderBenefitsAndClaimsIncurredNet" xlink:label="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_6534" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6533" xlink:to="Locator_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet_6534" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6535" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_6536" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6535" xlink:to="Locator_us-gaap_SellingGeneralAndAdministrativeExpense_6536" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_6538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6537" xlink:to="Locator_us-gaap_InterestExpense_6538" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6539" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpensesOfConsolidatedVies" xlink:label="Locator_mbi_ExpensesOfConsolidatedVies_6540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6539" xlink:to="Locator_mbi_ExpensesOfConsolidatedVies_6540" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6541" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity" xlink:label="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6541" xlink:to="Locator_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity_6542" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BenefitsLossesAndExpenses" xlink:label="Locator_us-gaap_BenefitsLossesAndExpenses_6544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6543" xlink:to="Locator_us-gaap_BenefitsLossesAndExpenses_6544" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6546" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6545" xlink:to="Locator_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6546" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_6548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6547" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_6548" order="17.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_6550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6549" xlink:to="Locator_us-gaap_NetIncomeLoss_6550" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="Locator_us-gaap_SegmentReportingInformationLineItems_6551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_6552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentReportingInformationLineItems_6551" xlink:to="Locator_us-gaap_Assets_6552" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6617" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_6618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6617" xlink:to="Locator_us-gaap_ConsolidationItemsAxis_6618" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsAxis" xlink:label="Locator_us-gaap_ConsolidationItemsAxis_6629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsAxis_6629" xlink:to="Locator_us-gaap_ConsolidationItemsDomain_6630" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6631" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="Locator_us-gaap_OperatingSegmentsMember_6632" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_6631" xlink:to="Locator_us-gaap_OperatingSegmentsMember_6632" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConsolidationItemsDomain" xlink:label="Locator_us-gaap_ConsolidationItemsDomain_6633" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IntersegmentEliminationMember" xlink:label="Locator_us-gaap_IntersegmentEliminationMember_6634" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ConsolidationItemsDomain_6633" xlink:to="Locator_us-gaap_IntersegmentEliminationMember_6634" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6619" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_6619" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6620" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForceTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6635" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_6636" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6635" xlink:to="Locator_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock_6636" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6637" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock" xlink:label="Locator_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_6638" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6637" xlink:to="Locator_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock_6638" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6639" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock" xlink:label="Locator_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_6640" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6639" xlink:to="Locator_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock_6640" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6641" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock" xlink:label="Locator_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_6642" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6641" xlink:to="Locator_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock_6642" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_6757" xlink:to="Locator_us-gaap_RangeMember_6758" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_6782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_6781" xlink:to="Locator_us-gaap_MinimumMember_6782" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_6783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_6784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_6783" xlink:to="Locator_us-gaap_MaximumMember_6784" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6759" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_6760" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6761" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GuaranteesOfDerivativeContractsMember" xlink:label="Locator_mbi_GuaranteesOfDerivativeContractsMember_6762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6761" xlink:to="Locator_mbi_GuaranteesOfDerivativeContractsMember_6762" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6763" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember" xlink:label="Locator_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_6764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6763" xlink:to="Locator_mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember_6764" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SalvageValueMember" xlink:label="Locator_us-gaap_SalvageValueMember_6766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6765" xlink:to="Locator_us-gaap_SalvageValueMember_6766" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_6771" xlink:to="Locator_dei_EntityDomain_6772" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_6773" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_6774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_6773" xlink:to="Locator_mbi_MbiaUkMember_6774" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementBusinessSegmentsAxis_6775" xlink:to="Locator_us-gaap_SegmentDomain_6776" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_USPublicFinanceInsuranceMember" xlink:label="Locator_mbi_USPublicFinanceInsuranceMember_6778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6777" xlink:to="Locator_mbi_USPublicFinanceInsuranceMember_6778" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentDomain" xlink:label="Locator_us-gaap_SegmentDomain_6779" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalAndStructuredFinanceInsuranceMember" xlink:label="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentDomain_6779" xlink:to="Locator_mbi_InternationalAndStructuredFinanceInsuranceMember_6780" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6673" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6674" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6673" xlink:to="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6674" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6745" xlink:to="Locator_us-gaap_GuaranteeObligationsLineItems_6746" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6643" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceInForceExpectedMaturityRangeYears" xlink:label="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_6644" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6643" xlink:to="Locator_mbi_InsuranceInForceExpectedMaturityRangeYears_6644" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6645" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates" xlink:label="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_6646" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6645" xlink:to="Locator_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates_6646" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6647" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeRemainingMaturity1" xlink:label="Locator_us-gaap_DerivativeRemainingMaturity1_6648" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6647" xlink:to="Locator_us-gaap_DerivativeRemainingMaturity1_6648" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6649" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_6650" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6649" xlink:to="Locator_us-gaap_DerivativeLiabilities_6650" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6651" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FutureGuaranteePaymentsMaturityRange" xlink:label="Locator_mbi_FutureGuaranteePaymentsMaturityRange_6652" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6651" xlink:to="Locator_mbi_FutureGuaranteePaymentsMaturityRange_6652" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6653" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_6654" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6653" xlink:to="Locator_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers_6654" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6655" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ThirdPartyReinsurance" xlink:label="Locator_mbi_ThirdPartyReinsurance_6656" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6655" xlink:to="Locator_mbi_ThirdPartyReinsurance_6656" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6657" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AmountOfInsuranceInForceForFgicPolicies" xlink:label="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_6658" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6657" xlink:to="Locator_mbi_AmountOfInsuranceInForceForFgicPolicies_6658" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6659" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_6660" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6659" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_6660" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6661" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceRecoveries" xlink:label="Locator_us-gaap_InsuranceRecoveries_6662" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6661" xlink:to="Locator_us-gaap_InsuranceRecoveries_6662" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6663" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FeesAndCommissionsOther" xlink:label="Locator_us-gaap_FeesAndCommissionsOther_6664" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6663" xlink:to="Locator_us-gaap_FeesAndCommissionsOther_6664" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6665" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForReinsurance" xlink:label="Locator_us-gaap_PaymentsForReinsurance_6666" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6665" xlink:to="Locator_us-gaap_PaymentsForReinsurance_6666" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6667" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6668" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6667" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6668" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsLineItems" xlink:label="Locator_us-gaap_GuaranteeObligationsLineItems_6669" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6670" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsLineItems_6669" xlink:to="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6670" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6747" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_6748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6747" xlink:to="Locator_us-gaap_RangeAxis_6748" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6749" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6749" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6750" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_6752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6751" xlink:to="Locator_us-gaap_CounterpartyNameAxis_6752" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="Locator_us-gaap_CounterpartyNameAxis_6767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CounterpartyNameAxis_6767" xlink:to="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6768" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6769" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuarantyInsuranceCompanyMember" xlink:label="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_6770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RepurchaseAgreementCounterpartyNameDomain_6769" xlink:to="Locator_mbi_FinancialGuarantyInsuranceCompanyMember_6770" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_6754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6753" xlink:to="Locator_dei_LegalEntityAxis_6754" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfGuaranteeObligationsTable" xlink:label="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="Locator_us-gaap_StatementBusinessSegmentsAxis_6756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfGuaranteeObligationsTable_6755" xlink:to="Locator_us-gaap_StatementBusinessSegmentsAxis_6756" order="5.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6853" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6854" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6853" xlink:to="Locator_us-gaap_StatementGeographicalAxis_6854" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6855" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6856" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_6855" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_6856" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6857" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CA" xlink:label="Locator_stpr_CA_6858" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6857" xlink:to="Locator_stpr_CA_6858" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6859" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_IL" xlink:label="Locator_stpr_IL_6860" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6859" xlink:to="Locator_stpr_IL_6860" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6861" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NY" xlink:label="Locator_stpr_NY_6862" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6861" xlink:to="Locator_stpr_NY_6862" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6863" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_PR" xlink:label="Locator_country_PR_6864" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6863" xlink:to="Locator_country_PR_6864" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6865" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_NJ" xlink:label="Locator_stpr_NJ_6866" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6865" xlink:to="Locator_stpr_NJ_6866" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6867" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_TX" xlink:label="Locator_stpr_TX_6868" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6867" xlink:to="Locator_stpr_TX_6868" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6869" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_HI" xlink:label="Locator_stpr_HI_6870" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6869" xlink:to="Locator_stpr_HI_6870" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6871" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_VA" xlink:label="Locator_stpr_VA_6872" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6871" xlink:to="Locator_stpr_VA_6872" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6873" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_FL" xlink:label="Locator_stpr_FL_6874" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6873" xlink:to="Locator_stpr_FL_6874" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6875" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_OR" xlink:label="Locator_stpr_OR_6876" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6875" xlink:to="Locator_stpr_OR_6876" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6877" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SubTotalInsuranceInForceMember" xlink:label="Locator_mbi_SubTotalInsuranceInForceMember_6878" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6877" xlink:to="Locator_mbi_SubTotalInsuranceInForceMember_6878" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6879" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationallyDiversifiedMember" xlink:label="Locator_mbi_NationallyDiversifiedMember_6880" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6879" xlink:to="Locator_mbi_NationallyDiversifiedMember_6880" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6881" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherStatesMember" xlink:label="Locator_mbi_OtherStatesMember_6882" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6881" xlink:to="Locator_mbi_OtherStatesMember_6882" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6885" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationallyDiversifiedMember" xlink:label="Locator_mbi_InternationallyDiversifiedMember_6886" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6885" xlink:to="Locator_mbi_InternationallyDiversifiedMember_6886" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6887" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CountrySpecificMember" xlink:label="Locator_mbi_CountrySpecificMember_6888" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6887" xlink:to="Locator_mbi_CountrySpecificMember_6888" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6891" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_PA" xlink:label="Locator_stpr_PA_6892" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6891" xlink:to="Locator_stpr_PA_6892" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6893" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_MI" xlink:label="Locator_stpr_MI_6894" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6893" xlink:to="Locator_stpr_MI_6894" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6895" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_WA" xlink:label="Locator_stpr_WA_6896" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6895" xlink:to="Locator_stpr_WA_6896" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6897" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/stpr/2011/stpr-2011-01-31.xsd#stpr_CO" xlink:label="Locator_stpr_CO_6898" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6897" xlink:to="Locator_stpr_CO_6898" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6883" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_6884" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6883" xlink:to="Locator_country_US_6884" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6889" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_6890" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6889" xlink:to="Locator_mbi_NonUnitedStatesMember_6890" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6851" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6852" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6851" xlink:to="Locator_us-gaap_StatementLineItems_6852" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6791" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_6792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6791" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations_6792" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6785" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6786" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6787" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6788" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6789" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6790" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6795" xlink:to="Locator_us-gaap_StatementTable_6796" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6985" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_6986" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6985" xlink:to="Locator_us-gaap_UnderlyingAssetClassAxis_6986" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassAxis" xlink:label="Locator_us-gaap_UnderlyingAssetClassAxis_7003" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassAxis_7003" xlink:to="Locator_us-gaap_UnderlyingAssetClassDomain_7004" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationMember" xlink:label="Locator_mbi_GeneralObligationMember_7006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7005" xlink:to="Locator_mbi_GeneralObligationMember_7006" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GeneralObligationLeaseMember" xlink:label="Locator_mbi_GeneralObligationLeaseMember_7008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7007" xlink:to="Locator_mbi_GeneralObligationLeaseMember_7008" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalUtilitiesMember" xlink:label="Locator_mbi_MunicipalUtilitiesMember_7010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7009" xlink:to="Locator_mbi_MunicipalUtilitiesMember_7010" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7011" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TaxBackedMember" xlink:label="Locator_mbi_TaxBackedMember_7012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7011" xlink:to="Locator_mbi_TaxBackedMember_7012" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7013" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TransportationMember" xlink:label="Locator_mbi_TransportationMember_7014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7013" xlink:to="Locator_mbi_TransportationMember_7014" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7015" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HigherEducationMember" xlink:label="Locator_mbi_HigherEducationMember_7016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7015" xlink:to="Locator_mbi_HigherEducationMember_7016" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HealthCareMember" xlink:label="Locator_mbi_HealthCareMember_7018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7017" xlink:to="Locator_mbi_HealthCareMember_7018" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7019" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MilitaryHousingMember" xlink:label="Locator_mbi_MilitaryHousingMember_7020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7019" xlink:to="Locator_mbi_MilitaryHousingMember_7020" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestorOwnedUtilitiesMember" xlink:label="Locator_mbi_InvestorOwnedUtilitiesMember_7022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7021" xlink:to="Locator_mbi_InvestorOwnedUtilitiesMember_7022" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7023" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MunicipalHousingMember" xlink:label="Locator_mbi_MunicipalHousingMember_7024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7023" xlink:to="Locator_mbi_MunicipalHousingMember_7024" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7025" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StudentLoansMember" xlink:label="Locator_mbi_StudentLoansMember_7026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7025" xlink:to="Locator_mbi_StudentLoansMember_7026" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherPublicFinanceMember" xlink:label="Locator_mbi_OtherPublicFinanceMember_7028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7027" xlink:to="Locator_mbi_OtherPublicFinanceMember_7028" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7029" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InternationalUtilitiesMember" xlink:label="Locator_mbi_InternationalUtilitiesMember_7030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7029" xlink:to="Locator_mbi_InternationalUtilitiesMember_7030" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7031" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SovereignRelatedAndSubSovereignMember" xlink:label="Locator_mbi_SovereignRelatedAndSubSovereignMember_7032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7031" xlink:to="Locator_mbi_SovereignRelatedAndSubSovereignMember_7032" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7033" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LocalGovernmentsMember" xlink:label="Locator_mbi_LocalGovernmentsMember_7034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7033" xlink:to="Locator_mbi_LocalGovernmentsMember_7034" order="15.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_7036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7035" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_7036" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ResidentialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7037" xlink:to="Locator_us-gaap_ResidentialMortgageBackedSecuritiesMember_7038" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7039" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7040" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7039" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7040" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7041" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ConsumerAssetBackedMember" xlink:label="Locator_mbi_ConsumerAssetBackedMember_7042" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7041" xlink:to="Locator_mbi_ConsumerAssetBackedMember_7042" order="19.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7043" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CorporateAssetBackedMember" xlink:label="Locator_mbi_CorporateAssetBackedMember_7044" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7043" xlink:to="Locator_mbi_CorporateAssetBackedMember_7044" order="20.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnderlyingAssetClassDomain" xlink:label="Locator_us-gaap_UnderlyingAssetClassDomain_7045" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StructuredInsuranceSecuritizationsMember" xlink:label="Locator_mbi_StructuredInsuranceSecuritizationsMember_7046" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_UnderlyingAssetClassDomain_7045" xlink:to="Locator_mbi_StructuredInsuranceSecuritizationsMember_7046" order="21.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6987" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6988" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6987" xlink:to="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6988" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsByNatureAxis" xlink:label="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6991" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6992" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsByNatureAxis_6991" xlink:to="Locator_us-gaap_GuaranteeObligationsNatureDomain_6992" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6993" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalPublicFinanceMember" xlink:label="Locator_mbi_GlobalPublicFinanceMember_6994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6993" xlink:to="Locator_mbi_GlobalPublicFinanceMember_6994" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GuaranteeObligationsNatureDomain" xlink:label="Locator_us-gaap_GuaranteeObligationsNatureDomain_6995" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GlobalStructuredFinanceMember" xlink:label="Locator_mbi_GlobalStructuredFinanceMember_6996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GuaranteeObligationsNatureDomain_6995" xlink:to="Locator_mbi_GlobalStructuredFinanceMember_6996" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6989" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6990" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6989" xlink:to="Locator_us-gaap_StatementGeographicalAxis_6990" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="Locator_us-gaap_StatementGeographicalAxis_6997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementGeographicalAxis_6997" xlink:to="Locator_us-gaap_SegmentGeographicalDomain_6998" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_6999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2016/country-2016-01-31.xsd#country_US" xlink:label="Locator_country_US_7000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_6999" xlink:to="Locator_country_US_7000" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="Locator_us-gaap_SegmentGeographicalDomain_7001" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonUnitedStatesMember" xlink:label="Locator_mbi_NonUnitedStatesMember_7002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SegmentGeographicalDomain_7001" xlink:to="Locator_mbi_NonUnitedStatesMember_7002" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6983" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6984" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_6983" xlink:to="Locator_us-gaap_StatementLineItems_6984" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6899" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAmountInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6900" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6899" xlink:to="Locator_us-gaap_ParticipatingPoliciesAmountInForce_6900" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6901" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce" xlink:label="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6902" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6901" xlink:to="Locator_us-gaap_ParticipatingPoliciesAsPercentageOfGrossInsuranceInForce_6902" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6903" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross" xlink:label="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6904" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6903" xlink:to="Locator_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross_6904" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_6905" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross" xlink:label="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6906" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_6905" xlink:to="Locator_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross_6906" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_6909" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_6910" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_6909" xlink:to="Locator_us-gaap_StatementTable_6910" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7095" xlink:to="Locator_us-gaap_CededCreditRiskAxis_7096" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskAxis" xlink:label="Locator_us-gaap_CededCreditRiskAxis_7099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskAxis_7099" xlink:to="Locator_us-gaap_CededCreditRiskReinsurerDomain_7100" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7101" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyCorpMember" xlink:label="Locator_mbi_AssuredGuarantyCorpMember_7102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7101" xlink:to="Locator_mbi_AssuredGuarantyCorpMember_7102" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7103" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssuredGuarantyReLtdMember" xlink:label="Locator_mbi_AssuredGuarantyReLtdMember_7104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7103" xlink:to="Locator_mbi_AssuredGuarantyReLtdMember_7104" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7105" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OverseasPrivateInvestmentCorporationMember" xlink:label="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7105" xlink:to="Locator_mbi_OverseasPrivateInvestmentCorporationMember_7106" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7107" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ExportDevelopmentCanadaMember" xlink:label="Locator_mbi_ExportDevelopmentCanadaMember_7108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7107" xlink:to="Locator_mbi_ExportDevelopmentCanadaMember_7108" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededCreditRiskReinsurerDomain" xlink:label="Locator_us-gaap_CededCreditRiskReinsurerDomain_7109" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherReinsurersMember" xlink:label="Locator_mbi_OtherReinsurersMember_7110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CededCreditRiskReinsurerDomain_7109" xlink:to="Locator_mbi_OtherReinsurersMember_7110" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7093" xlink:to="Locator_us-gaap_StatementLineItems_7094" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7047" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers" xlink:label="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7048" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7047" xlink:to="Locator_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers_7048" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7049" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount" xlink:label="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_7050" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7049" xlink:to="Locator_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount_7050" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7051" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverables" xlink:label="Locator_us-gaap_ReinsuranceRecoverables_7052" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7051" xlink:to="Locator_us-gaap_ReinsuranceRecoverables_7052" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7053" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverablesOnPaidLosses" xlink:label="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7054" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7053" xlink:to="Locator_us-gaap_ReinsuranceRecoverablesOnPaidLosses_7054" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7055" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments" xlink:label="Locator_us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_7056" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7055" xlink:to="Locator_us-gaap_ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments_7056" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7097" xlink:to="Locator_dei_LegalEntityAxis_7098" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_7111" xlink:to="Locator_dei_EntityDomain_7112" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7113" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_7114" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_7113" xlink:to="Locator_mbi_MbiaUkMember_7114" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7059" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7060" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7059" xlink:to="Locator_us-gaap_StatementTable_7060" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7115" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsEarned" xlink:label="Locator_us-gaap_DirectPremiumsEarned_7116" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7115" xlink:to="Locator_us-gaap_DirectPremiumsEarned_7116" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7117" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsEarned" xlink:label="Locator_us-gaap_AssumedPremiumsEarned_7118" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7117" xlink:to="Locator_us-gaap_AssumedPremiumsEarned_7118" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7119" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts" xlink:label="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7120" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7119" xlink:to="Locator_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts_7120" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7121" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsEarned" xlink:label="Locator_us-gaap_CededPremiumsEarned_7122" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7121" xlink:to="Locator_us-gaap_CededPremiumsEarned_7122" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InsuranceAbstract" xlink:label="Locator_us-gaap_InsuranceAbstract_7123" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsEarnedNet" xlink:label="Locator_us-gaap_PremiumsEarnedNet_7124" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InsuranceAbstract_7123" xlink:to="Locator_us-gaap_PremiumsEarnedNet_7124" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIIParentCompanyFinancials">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7133" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_7134" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7133" xlink:to="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock_7134" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIInvestments">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_7136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7135" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock_7136" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsurance">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_7138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7137" xlink:to="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock_7138" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_7277" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_7278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeAxis_7277" xlink:to="Locator_us-gaap_InvestmentTypeCategorizationMember_7278" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="Locator_us-gaap_InvestmentTypeCategorizationMember_7255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AssetsOfConsolidatedVIEsMember" xlink:label="Locator_mbi_AssetsOfConsolidatedVIEsMember_7256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InvestmentTypeCategorizationMember_7255" xlink:to="Locator_mbi_AssetsOfConsolidatedVIEsMember_7256" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_7227" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7228" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentAxis_7227" xlink:to="Locator_invest_InvestmentDomain_7228" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7229" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:label="Locator_us-gaap_USTreasuryAndGovernmentMember_7230" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7229" xlink:to="Locator_us-gaap_USTreasuryAndGovernmentMember_7230" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7231" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:label="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_7232" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7231" xlink:to="Locator_us-gaap_USStatesAndPoliticalSubdivisionsMember_7232" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7233" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ForeignGovernmentDebtMember" xlink:label="Locator_us-gaap_ForeignGovernmentDebtMember_7234" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7233" xlink:to="Locator_us-gaap_ForeignGovernmentDebtMember_7234" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7235" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CorporateDebtSecuritiesMember" xlink:label="Locator_us-gaap_CorporateDebtSecuritiesMember_7236" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7235" xlink:to="Locator_us-gaap_CorporateDebtSecuritiesMember_7236" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7237" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedAgencyMember_7238" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7237" xlink:to="Locator_mbi_ResidentialMortgageBackedAgencyMember_7238" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7239" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ResidentialMortgageBackedNonAgencyMember" xlink:label="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_7240" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7239" xlink:to="Locator_mbi_ResidentialMortgageBackedNonAgencyMember_7240" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7241" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialMortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7242" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7241" xlink:to="Locator_us-gaap_CommercialMortgageBackedSecuritiesMember_7242" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7243" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CollateralizedDebtObligationsMember" xlink:label="Locator_us-gaap_CollateralizedDebtObligationsMember_7244" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7243" xlink:to="Locator_us-gaap_CollateralizedDebtObligationsMember_7244" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7245" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherAssetBackedMember" xlink:label="Locator_mbi_OtherAssetBackedMember_7246" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7245" xlink:to="Locator_mbi_OtherAssetBackedMember_7246" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7247" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MoneyMarketSecuritiesMember" xlink:label="Locator_mbi_MoneyMarketSecuritiesMember_7248" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7247" xlink:to="Locator_mbi_MoneyMarketSecuritiesMember_7248" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7249" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PerpetualDebtAndEquitySecuritiesMember" xlink:label="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_7250" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7249" xlink:to="Locator_mbi_PerpetualDebtAndEquitySecuritiesMember_7250" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7251" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAggregatedInvestmentsMember" xlink:label="Locator_us-gaap_OtherAggregatedInvestmentsMember_7252" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7251" xlink:to="Locator_us-gaap_OtherAggregatedInvestmentsMember_7252" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentDomain" xlink:label="Locator_invest_InvestmentDomain_7253" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansReceivableMember" xlink:label="Locator_us-gaap_LoansReceivableMember_7254" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_invest_InvestmentDomain_7253" xlink:to="Locator_us-gaap_LoansReceivableMember_7254" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract_7147" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7148" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7217" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7218" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7217" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7218" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7139" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost_7140" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7141" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue_7142" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems_7143" xlink:to="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount_7144" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7219" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_7220" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7219" xlink:to="Locator_us-gaap_DebtSecurityAxis_7220" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtSecurityAxis" xlink:label="Locator_us-gaap_DebtSecurityAxis_7271" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DebtSecurityAxis_7271" xlink:to="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7272" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7273" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MortgageBackedSecuritiesMember" xlink:label="Locator_us-gaap_MortgageBackedSecuritiesMember_7274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7273" xlink:to="Locator_us-gaap_MortgageBackedSecuritiesMember_7274" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MajorTypesOfDebtSecuritiesDomain" xlink:label="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7275" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetBackedSecuritiesMember" xlink:label="Locator_us-gaap_AssetBackedSecuritiesMember_7276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_MajorTypesOfDebtSecuritiesDomain_7275" xlink:to="Locator_us-gaap_AssetBackedSecuritiesMember_7276" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7221" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7222" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7221" xlink:to="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7222" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_InformationByCategoryOfDebtSecurityAxis_7257" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7259" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermAvailableForSaleMember" xlink:label="Locator_mbi_LongTermAvailableForSaleMember_7260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7259" xlink:to="Locator_mbi_LongTermAvailableForSaleMember_7260" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7261" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ShortTermAvailableForSaleMember" xlink:label="Locator_mbi_ShortTermAvailableForSaleMember_7262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7261" xlink:to="Locator_mbi_ShortTermAvailableForSaleMember_7262" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityAvailableForSaleMember" xlink:label="Locator_mbi_EquityAvailableForSaleMember_7264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7263" xlink:to="Locator_mbi_EquityAvailableForSaleMember_7264" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7265" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="Locator_us-gaap_AvailableforsaleSecuritiesMember_7266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7265" xlink:to="Locator_us-gaap_AvailableforsaleSecuritiesMember_7266" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsAtFairValueMember" xlink:label="Locator_mbi_InvestmentsAtFairValueMember_7268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7267" xlink:to="Locator_mbi_InvestmentsAtFairValueMember_7268" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7269" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_HeldtomaturitySecuritiesMember" xlink:label="Locator_us-gaap_HeldtomaturitySecuritiesMember_7270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_7269" xlink:to="Locator_us-gaap_HeldtomaturitySecuritiesMember_7270" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7223" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentAxis" xlink:label="Locator_invest_InvestmentAxis_7224" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7223" xlink:to="Locator_invest_InvestmentAxis_7224" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable" xlink:label="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7225" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="Locator_us-gaap_InvestmentTypeAxis_7226" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTable_7225" xlink:to="Locator_us-gaap_InvestmentTypeAxis_7226" order="4.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7279" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesNoncurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_7280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7279" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesNoncurrent_7280" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7281" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingSecurities" xlink:label="Locator_us-gaap_TradingSecurities_7282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7281" xlink:to="Locator_us-gaap_TradingSecurities_7282" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7283" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_7284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7283" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral_7284" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_7286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7285" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesCurrent_7286" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7287" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherInvestments" xlink:label="Locator_us-gaap_OtherInvestments_7288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7287" xlink:to="Locator_us-gaap_OtherInvestments_7288" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7289" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Investments" xlink:label="Locator_us-gaap_Investments_7290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7289" xlink:to="Locator_us-gaap_Investments_7290" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7291" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7291" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7292" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentInWhollyOwnedSubsidiaries" xlink:label="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_7294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7293" xlink:to="Locator_mbi_InvestmentInWhollyOwnedSubsidiaries_7294" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7295" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="Locator_us-gaap_DeferredTaxAssetsNet_7296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7295" xlink:to="Locator_us-gaap_DeferredTaxAssetsNet_7296" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7297" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherAssets" xlink:label="Locator_us-gaap_OtherAssets_7298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7297" xlink:to="Locator_us-gaap_OtherAssets_7298" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="Locator_us-gaap_Assets_7300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AssetsAbstract_7299" xlink:to="Locator_us-gaap_Assets_7300" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/positiveTerseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7301" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7301" xlink:to="Locator_us-gaap_LiabilitiesAbstract_7302" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7307" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements" xlink:label="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7307" xlink:to="Locator_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements_7308" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7309" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7309" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7310" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7311" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="Locator_us-gaap_LongTermDebtNoncurrent_7312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7311" xlink:to="Locator_us-gaap_LongTermDebtNoncurrent_7312" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7313" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LoansPayable" xlink:label="Locator_us-gaap_LoansPayable_7314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7313" xlink:to="Locator_us-gaap_LoansPayable_7314" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7315" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="Locator_us-gaap_DerivativeLiabilities_7316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7315" xlink:to="Locator_us-gaap_DerivativeLiabilities_7316" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7317" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedIncomeTaxes" xlink:label="Locator_us-gaap_AccruedIncomeTaxes_7318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7317" xlink:to="Locator_us-gaap_AccruedIncomeTaxes_7318" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7319" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="Locator_us-gaap_OtherLiabilities_7320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7319" xlink:to="Locator_us-gaap_OtherLiabilities_7320" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="Locator_us-gaap_LiabilitiesAbstract_7321" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="Locator_us-gaap_Liabilities_7322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAbstract_7321" xlink:to="Locator_us-gaap_Liabilities_7322" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7303" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7303" xlink:to="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7304" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7323" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="Locator_us-gaap_PreferredStockValue_7324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7323" xlink:to="Locator_us-gaap_PreferredStockValue_7324" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7325" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockValue" xlink:label="Locator_us-gaap_CommonStockValue_7326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7325" xlink:to="Locator_us-gaap_CommonStockValue_7326" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="Locator_us-gaap_AdditionalPaidInCapital_7328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7327" xlink:to="Locator_us-gaap_AdditionalPaidInCapital_7328" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_7330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7329" xlink:to="Locator_us-gaap_RetainedEarningsAccumulatedDeficit_7330" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7331" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7332" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7331" xlink:to="Locator_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_7332" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7333" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="Locator_us-gaap_TreasuryStockValue_7334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7333" xlink:to="Locator_us-gaap_TreasuryStockValue_7334" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7335" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="Locator_us-gaap_StockholdersEquity_7336" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_7335" xlink:to="Locator_us-gaap_StockholdersEquity_7336" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7305" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquity_7306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7305" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquity_7306" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7465" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7466" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_7465" xlink:to="Locator_dei_EntityDomain_7466" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7467" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7468" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_7467" xlink:to="Locator_us-gaap_ParentCompanyMember_7468" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7367" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_7368" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7367" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementTable_7368" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_7461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_7461" xlink:to="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7462" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7337" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="Locator_us-gaap_AssetsAbstract_7338" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7337" xlink:to="Locator_us-gaap_AssetsAbstract_7338" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7339" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7340" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7339" xlink:to="Locator_us-gaap_LiabilitiesAndStockholdersEquityAbstract_7340" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7341" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_7342" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7341" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesAmortizedCost_7342" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7343" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsPledgedAsCollateralAmortizedCost" xlink:label="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_7344" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7343" xlink:to="Locator_mbi_InvestmentsPledgedAsCollateralAmortizedCost_7344" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7345" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost" xlink:label="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_7346" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7345" xlink:to="Locator_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost_7346" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7347" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_7348" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7347" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_7348" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7349" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="Locator_us-gaap_PreferredStockSharesAuthorized_7350" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7349" xlink:to="Locator_us-gaap_PreferredStockSharesAuthorized_7350" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7351" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_7352" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7351" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_7352" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7353" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_7354" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7353" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_7354" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7355" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_CommonStockParOrStatedValuePerShare_7356" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7355" xlink:to="Locator_us-gaap_CommonStockParOrStatedValuePerShare_7356" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7357" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="Locator_us-gaap_CommonStockSharesAuthorized_7358" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7357" xlink:to="Locator_us-gaap_CommonStockSharesAuthorized_7358" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7359" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="Locator_us-gaap_CommonStockSharesIssued_7360" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7359" xlink:to="Locator_us-gaap_CommonStockSharesIssued_7360" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7361" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax" xlink:label="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_7362" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7361" xlink:to="Locator_mbi_AccumulatedOtherComprehensiveIncomeLossDeferredIncomeTax_7362" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7363" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="Locator_us-gaap_TreasuryStockShares_7364" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementsCaptionsLineItems_7363" xlink:to="Locator_us-gaap_TreasuryStockShares_7364" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedBalanceSheetStatementTable" xlink:label="Locator_us-gaap_CondensedBalanceSheetStatementTable_7463" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7464" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedBalanceSheetStatementTable_7463" xlink:to="Locator_dei_LegalEntityAxis_7464" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIVReinsuranceDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7469" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DirectPremiumsWritten" xlink:label="Locator_us-gaap_DirectPremiumsWritten_7470" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7469" xlink:to="Locator_us-gaap_DirectPremiumsWritten_7470" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7471" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CededPremiumsWritten" xlink:label="Locator_us-gaap_CededPremiumsWritten_7472" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7471" xlink:to="Locator_us-gaap_CededPremiumsWritten_7472" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7473" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssumedPremiumsWritten" xlink:label="Locator_us-gaap_AssumedPremiumsWritten_7474" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7473" xlink:to="Locator_us-gaap_AssumedPremiumsWritten_7474" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7475" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsWrittenNet" xlink:label="Locator_us-gaap_PremiumsWrittenNet_7476" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7475" xlink:to="Locator_us-gaap_PremiumsWrittenNet_7476" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract" xlink:label="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7477" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet" xlink:label="Locator_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_7478" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract_7477" xlink:to="Locator_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet_7478" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7575" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7576" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7575" xlink:to="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7576" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassificationOfVariableInterestEntityDomain" xlink:label="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7577" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_7578" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassificationOfVariableInterestEntityDomain_7577" xlink:to="Locator_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_7578" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7485" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_7486" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7485" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities_7486" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7487" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_7488" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7487" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities_7488" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7489" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7490" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7489" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet_7490" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7579" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7580" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_7579" xlink:to="Locator_dei_EntityDomain_7580" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7581" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7582" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_7581" xlink:to="Locator_us-gaap_ParentCompanyMember_7582" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7521" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7521" xlink:to="Locator_us-gaap_CondensedIncomeStatementTable_7522" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7569" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7570" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_7569" xlink:to="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7570" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7491" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetInvestmentIncome" xlink:label="Locator_us-gaap_NetInvestmentIncome_7492" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7491" xlink:to="Locator_us-gaap_NetInvestmentIncome_7492" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7493" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7494" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7493" xlink:to="Locator_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7494" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7495" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7496" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7495" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract_7496" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7497" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7498" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7497" xlink:to="Locator_us-gaap_GainsLossesOnExtinguishmentOfDebt_7498" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7499" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncome" xlink:label="Locator_us-gaap_OtherIncome_7500" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7499" xlink:to="Locator_us-gaap_OtherIncome_7500" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Revenues" xlink:label="Locator_us-gaap_Revenues_7502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7501" xlink:to="Locator_us-gaap_Revenues_7502" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="Locator_us-gaap_OperatingExpenses_7504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7503" xlink:to="Locator_us-gaap_OperatingExpenses_7504" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="Locator_us-gaap_InterestExpense_7506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7505" xlink:to="Locator_us-gaap_InterestExpense_7506" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="Locator_us-gaap_CostsAndExpenses_7508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7507" xlink:to="Locator_us-gaap_CostsAndExpenses_7508" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7509" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_7510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7509" xlink:to="Locator_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries_7510" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_IncomeTaxExpenseBenefit_7512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7511" xlink:to="Locator_us-gaap_IncomeTaxExpenseBenefit_7512" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7513" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries" xlink:label="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_7514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7513" xlink:to="Locator_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries_7514" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7515" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromSubsidiariesNetOfTax" xlink:label="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_7516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7515" xlink:to="Locator_us-gaap_IncomeLossFromSubsidiariesNetOfTax_7516" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7517" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementsCaptionsLineItems_7517" xlink:to="Locator_us-gaap_NetIncomeLoss_7518" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7571" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_7571" xlink:to="Locator_dei_LegalEntityAxis_7572" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedIncomeStatementTable" xlink:label="Locator_us-gaap_CondensedIncomeStatementTable_7573" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis" xlink:label="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7574" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedIncomeStatementTable_7573" xlink:to="Locator_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis_7574" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7681" xlink:to="Locator_us-gaap_StatementLineItems_7682" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7583" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7584" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7583" xlink:to="Locator_us-gaap_NetIncomeLoss_7584" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7585" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7586" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7585" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7586" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7591" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7592" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7591" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7592" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7599" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_7600" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7599" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_7600" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7601" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_7602" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7601" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax_7602" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7603" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_7604" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7603" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax_7604" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/positiveLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7605" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_7606" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7605" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax_7606" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7607" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_7608" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7607" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax_7608" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7609" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_7610" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract_7609" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax_7610" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7593" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7594" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7593" xlink:to="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7594" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7611" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_7612" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7611" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax_7612" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7613" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_7614" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7613" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax_7614" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7615" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_7616" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7615" xlink:to="Locator_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax_7616" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7617" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_7618" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7617" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax_7618" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7619" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_7620" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7619" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax_7620" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract" xlink:label="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7621" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax" xlink:label="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_7622" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract_7621" xlink:to="Locator_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax_7622" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7595" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7596" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7595" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7596" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7623" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_7624" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7623" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax_7624" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7625" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_7626" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7625" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax_7626" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7627" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_7628" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract_7627" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax_7628" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7597" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_7598" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_7597" xlink:to="Locator_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_7598" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7587" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="Locator_us-gaap_ComprehensiveIncomeNetOfTax_7588" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7587" xlink:to="Locator_us-gaap_ComprehensiveIncomeNetOfTax_7588" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7683" xlink:to="Locator_dei_LegalEntityAxis_7684" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_7685" xlink:to="Locator_dei_EntityDomain_7686" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_7687" xlink:to="Locator_us-gaap_ParentCompanyMember_7688" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7629" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7630" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7629" xlink:to="Locator_us-gaap_StatementTable_7630" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7919" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7920" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_7919" xlink:to="Locator_dei_EntityDomain_7920" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_7921" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ParentCompanyMember" xlink:label="Locator_us-gaap_ParentCompanyMember_7922" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_7921" xlink:to="Locator_us-gaap_ParentCompanyMember_7922" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_7802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7801" xlink:to="Locator_us-gaap_CondensedCashFlowStatementTable_7802" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_7915" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7916" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_7915" xlink:to="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7916" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7689" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7689" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7690" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromFeesReceived" xlink:label="Locator_us-gaap_ProceedsFromFeesReceived_7712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7711" xlink:to="Locator_us-gaap_ProceedsFromFeesReceived_7712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromInterestAndDividendsReceived" xlink:label="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_7714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7713" xlink:to="Locator_us-gaap_ProceedsFromInterestAndDividendsReceived_7714" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7715" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForOperatingActivities" xlink:label="Locator_us-gaap_PaymentsForOperatingActivities_7716" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7715" xlink:to="Locator_us-gaap_PaymentsForOperatingActivities_7716" order="3.0" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7717" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="Locator_us-gaap_InterestPaidNet_7718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7717" xlink:to="Locator_us-gaap_InterestPaidNet_7718" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7719" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="Locator_us-gaap_IncomeTaxesPaidNet_7720" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7719" xlink:to="Locator_us-gaap_IncomeTaxesPaidNet_7720" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7721" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7722" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract_7721" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7722" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7691" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7691" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7692" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7723" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecurities" xlink:label="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7724" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7723" xlink:to="Locator_us-gaap_PaymentsToAcquireAvailableForSaleSecurities_7724" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7725" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_7726" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7725" xlink:to="Locator_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities_7726" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7727" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:label="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_7728" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7727" xlink:to="Locator_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_7728" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7729" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_7730" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7729" xlink:to="Locator_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_7730" order="4.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:label="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_7732" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7731" xlink:to="Locator_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_7732" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7733" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities" xlink:label="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_7734" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7733" xlink:to="Locator_mbi_PaymentsToAcquireFairValueOptionAndTradingSecurities_7734" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7735" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_7736" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7735" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesAndPaydownsOfFairValueAndTradingSecurities_7736" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromShortTermInvestments" xlink:label="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_7738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7737" xlink:to="Locator_us-gaap_PaymentsForProceedsFromShortTermInvestments_7738" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireOtherInvestments" xlink:label="Locator_us-gaap_PaymentsToAcquireOtherInvestments_7740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7739" xlink:to="Locator_us-gaap_PaymentsToAcquireOtherInvestments_7740" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7741" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments" xlink:label="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_7742" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7741" xlink:to="Locator_mbi_ProceedsFromSalesMaturitiesPrepaymentsAndCallsOfOtherInvestments_7742" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7743" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_7744" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7743" xlink:to="Locator_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities_7744" order="11.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7745" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseCashCollateralFromCounterparties" xlink:label="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_7746" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7745" xlink:to="Locator_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties_7746" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7747" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ContributionsToSubsidiaries" xlink:label="Locator_mbi_ContributionsToSubsidiaries_7748" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7747" xlink:to="Locator_mbi_ContributionsToSubsidiaries_7748" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7749" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdvancesToSubsidiaries" xlink:label="Locator_mbi_AdvancesToSubsidiaries_7750" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7749" xlink:to="Locator_mbi_AdvancesToSubsidiaries_7750" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7751" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForProceedsFromOtherInvestingActivities" xlink:label="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_7752" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7751" xlink:to="Locator_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_7752" order="15.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7753" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_7754" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract_7753" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_7754" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7693" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7693" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7694" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7755" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_7756" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7755" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_7756" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7757" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfOtherLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_7758" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7757" xlink:to="Locator_us-gaap_RepaymentsOfOtherLongTermDebt_7758" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7759" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_7760" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7759" xlink:to="Locator_us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_7760" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7761" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="Locator_us-gaap_ProceedsFromIssuanceOfDebt_7762" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7761" xlink:to="Locator_us-gaap_ProceedsFromIssuanceOfDebt_7762" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7763" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="Locator_us-gaap_RepaymentsOfLongTermDebt_7764" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7763" xlink:to="Locator_us-gaap_RepaymentsOfLongTermDebt_7764" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7765" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepaymentsOfRelatedPartyDebt" xlink:label="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_7766" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7765" xlink:to="Locator_us-gaap_RepaymentsOfRelatedPartyDebt_7766" order="6.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_7768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7767" xlink:to="Locator_us-gaap_PaymentsForRepurchaseOfCommonStock_7768" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromStockPlans" xlink:label="Locator_us-gaap_ProceedsFromStockPlans_7770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7769" xlink:to="Locator_us-gaap_ProceedsFromStockPlans_7770" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_7772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_7771" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_7772" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7695" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations" xlink:label="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_7696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7695" xlink:to="Locator_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations_7696" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7697" xlink:to="Locator_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7698" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7701" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashIncludingDiscontinuedOperations" xlink:label="Locator_us-gaap_CashIncludingDiscontinuedOperations_7702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7701" xlink:to="Locator_us-gaap_CashIncludingDiscontinuedOperations_7702" order="7.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7699" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7700" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7703" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7703" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7704" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7705" xlink:to="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7706" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract" xlink:label="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="Locator_us-gaap_NetIncomeLoss_7774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract_7773" xlink:to="Locator_us-gaap_NetIncomeLoss_7774" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementsCaptionsLineItems" xlink:label="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementsCaptionsLineItems_7707" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7708" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7775" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7775" xlink:to="Locator_mbi_ChangeInAbstract_7776" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7797" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_7798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_7797" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties_7798" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ChangeInAbstract" xlink:label="Locator_mbi_ChangeInAbstract_7799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_ChangeInAbstract_7799" xlink:to="Locator_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_7800" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7777" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EquityInNetIncomeLossOfSubsidiaries" xlink:label="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_7778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7777" xlink:to="Locator_mbi_EquityInNetIncomeLossOfSubsidiaries_7778" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7779" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7780" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7781" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetOtherThanTemporaryImpairments" xlink:label="Locator_mbi_NetOtherThanTemporaryImpairments_7782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7781" xlink:to="Locator_mbi_NetOtherThanTemporaryImpairments_7782" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7783" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange" xlink:label="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7783" xlink:to="Locator_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange_7784" order="5.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7785" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses" xlink:label="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_7786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7785" xlink:to="Locator_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses_7786" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7787" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_7788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7787" xlink:to="Locator_us-gaap_DeferredIncomeTaxExpenseBenefit_7788" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt" xlink:label="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_7790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7789" xlink:to="Locator_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt_7790" order="8.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="Locator_us-gaap_OtherNoncashIncomeExpense_7792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7791" xlink:to="Locator_us-gaap_OtherNoncashIncomeExpense_7792" order="9.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_7794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7793" xlink:to="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities_7794" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_7795" xlink:to="Locator_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_7796" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedCashFlowStatementTable" xlink:label="Locator_us-gaap_CondensedCashFlowStatementTable_7917" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_7918" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedCashFlowStatementTable_7917" xlink:to="Locator_dei_LegalEntityAxis_7918" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7993" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7994" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7993" xlink:to="Locator_us-gaap_StatementLineItems_7994" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7923" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LiquidAssets" xlink:label="Locator_mbi_LiquidAssets_7924" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7923" xlink:to="Locator_mbi_LiquidAssets_7924" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7925" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeniorNotesPurchasedAtParValue" xlink:label="Locator_mbi_SeniorNotesPurchasedAtParValue_7926" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7925" xlink:to="Locator_mbi_SeniorNotesPurchasedAtParValue_7926" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7927" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7928" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7927" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_7928" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7929" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue" xlink:label="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_7930" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7929" xlink:to="Locator_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue_7930" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7931" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="Locator_us-gaap_ShortTermInvestments_7932" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7931" xlink:to="Locator_us-gaap_ShortTermInvestments_7932" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7933" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:label="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_7934" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7933" xlink:to="Locator_us-gaap_DerivativeCollateralRightToReclaimSecurities_7934" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7935" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7936" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7935" xlink:to="Locator_us-gaap_SecuritiesSoldUnderAgreementsToRepurchase_7936" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementLineItems" xlink:label="Locator_us-gaap_StatementLineItems_7937" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7938" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementLineItems_7937" xlink:to="Locator_us-gaap_CashAndCashEquivalentsAtCarryingValue_7938" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7995" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_7996" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7995" xlink:to="Locator_us-gaap_DerivativeInstrumentRiskAxis_7996" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="Locator_us-gaap_DerivativeInstrumentRiskAxis_8023" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_8024" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeInstrumentRiskAxis_8023" xlink:to="Locator_us-gaap_DerivativeContractTypeDomain_8024" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_8025" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SecuritiesPledgedAsCollateralMember" xlink:label="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8026" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_8025" xlink:to="Locator_us-gaap_SecuritiesPledgedAsCollateralMember_8026" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="Locator_us-gaap_DerivativeContractTypeDomain_8027" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpSecuredLoanMember" xlink:label="Locator_mbi_MbiaCorpSecuredLoanMember_8028" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DerivativeContractTypeDomain_8027" xlink:to="Locator_mbi_MbiaCorpSecuredLoanMember_8028" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7997" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_7998" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7997" xlink:to="Locator_us-gaap_ProductOrServiceAxis_7998" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductOrServiceAxis" xlink:label="Locator_us-gaap_ProductOrServiceAxis_8019" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8020" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductOrServiceAxis_8019" xlink:to="Locator_us-gaap_ProductsAndServicesDomain_8020" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProductsAndServicesDomain" xlink:label="Locator_us-gaap_ProductsAndServicesDomain_8021" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncNotPledgedAsCollateralMember" xlink:label="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8022" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ProductsAndServicesDomain_8021" xlink:to="Locator_mbi_MbiaIncNotPledgedAsCollateralMember_8022" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7999" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8000" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementTable_7999" xlink:to="Locator_dei_LegalEntityAxis_8000" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8001" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8002" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8001" xlink:to="Locator_dei_EntityDomain_8002" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8003" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalPublicFinanceGuaranteeHoldingsMember" xlink:label="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8004" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8003" xlink:to="Locator_mbi_NationalPublicFinanceGuaranteeHoldingsMember_8004" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8005" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TrifiniumHoldingsLimitedMember" xlink:label="Locator_mbi_TrifiniumHoldingsLimitedMember_8006" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8005" xlink:to="Locator_mbi_TrifiniumHoldingsLimitedMember_8006" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8007" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaServicesCorporationMember" xlink:label="Locator_mbi_MbiaServicesCorporationMember_8008" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8007" xlink:to="Locator_mbi_MbiaServicesCorporationMember_8008" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8009" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CapmacHoldingsMember" xlink:label="Locator_mbi_CapmacHoldingsMember_8010" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8009" xlink:to="Locator_mbi_CapmacHoldingsMember_8010" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8011" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaAssetFinanceMember" xlink:label="Locator_mbi_MbiaAssetFinanceMember_8012" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8011" xlink:to="Locator_mbi_MbiaAssetFinanceMember_8012" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8013" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EuroAssetAcquisitionLimitedMember" xlink:label="Locator_mbi_EuroAssetAcquisitionLimitedMember_8014" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8013" xlink:to="Locator_mbi_EuroAssetAcquisitionLimitedMember_8014" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8015" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncGeneralCorporatePurposesMember" xlink:label="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8016" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8015" xlink:to="Locator_mbi_MbiaIncGeneralCorporatePurposesMember_8016" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8017" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaIncMember" xlink:label="Locator_mbi_MbiaIncMember_8018" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8017" xlink:to="Locator_mbi_MbiaIncMember_8018" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract" xlink:label="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7941" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:label="Locator_us-gaap_StatementTable_7942" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract_7941" xlink:to="Locator_us-gaap_StatementTable_7942" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8071" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8072" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8071" xlink:to="Locator_dei_EntityDomain_8072" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8073" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_8074" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8073" xlink:to="Locator_mbi_MbiaUkMember_8074" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8061" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8062" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8061" xlink:to="Locator_mbi_InsurancePremiumsLineItems_8062" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8031" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8032" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8031" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8032" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8033" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8034" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8033" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate_8034" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8035" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8036" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8035" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1_8036" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8037" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReinsurancePayable" xlink:label="Locator_us-gaap_ReinsurancePayable_8038" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8037" xlink:to="Locator_us-gaap_ReinsurancePayable_8038" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8065" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8066" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8065" xlink:to="Locator_dei_LegalEntityAxis_8066" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8063" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8064" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8063" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8064" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8067" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8068" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8067" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8068" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8069" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_8070" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8069" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_8070" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8029" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8030" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8029" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8030" order="1.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8077" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived_8078" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8077" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived_8078" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8079" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_8080" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8079" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten_8080" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8081" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_8082" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8081" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract_8082" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8083" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable_8084" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8083" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable_8084" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8085" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_8086" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8085" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments_8086" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8075" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8076" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8075" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8076" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8087" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableAtCarryingValue" xlink:label="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8088" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8087" xlink:to="Locator_us-gaap_PremiumsReceivableAtCarryingValue_8088" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail">
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8089" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8090" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8089" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate_8090" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8091" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8092" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8091" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate_8092" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8093" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8094" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8093" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate_8094" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8095" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8096" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8095" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate_8096" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8097" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8098" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8097" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8098" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8099" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8100" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8099" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8100" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8101" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8102" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8101" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8102" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8103" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8104" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8103" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8104" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8105" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_8106" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8105" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate_8106" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8107" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_8108" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8107" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate_8108" order="10.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8109" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_8110" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8109" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate_8110" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8111" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8112" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8111" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected_8112" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_8261" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8262" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementScenarioAxis_8261" xlink:to="Locator_us-gaap_ScenarioUnspecifiedDomain_8262" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8263" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MarchThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_MarchThirtyOneTwoThousandSeventeenMember_8264" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8263" xlink:to="Locator_mbi_MarchThirtyOneTwoThousandSeventeenMember_8264" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8265" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneThirtyTwoThousandSeventeenMember" xlink:label="Locator_mbi_JuneThirtyTwoThousandSeventeenMember_8266" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8265" xlink:to="Locator_mbi_JuneThirtyTwoThousandSeventeenMember_8266" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8267" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SeptemberThirtyTwoThousandSeventeenMember" xlink:label="Locator_mbi_SeptemberThirtyTwoThousandSeventeenMember_8268" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8267" xlink:to="Locator_mbi_SeptemberThirtyTwoThousandSeventeenMember_8268" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8269" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandSeventeenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_8270" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8269" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandSeventeenMember_8270" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8271" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandEighteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_8272" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8271" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandEighteenMember_8272" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8273" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandNineteenMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandNineteenMember_8274" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8273" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandNineteenMember_8274" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8275" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyMember_8276" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8275" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyMember_8276" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8277" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_8278" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8277" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember_8278" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8279" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandTwentySixMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandTwentySixMember_8280" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8279" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandTwentySixMember_8280" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8281" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_8282" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8281" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember_8282" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="Locator_us-gaap_ScenarioUnspecifiedDomain_8283" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember" xlink:label="Locator_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_8284" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScenarioUnspecifiedDomain_8283" xlink:to="Locator_mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember_8284" order="11.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8135" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiums" xlink:label="Locator_us-gaap_UnearnedPremiums_8136" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8135" xlink:to="Locator_us-gaap_UnearnedPremiums_8136" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8137" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8138" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8137" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate_8138" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8139" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8140" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8139" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate_8140" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8141" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8142" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8141" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate_8142" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8143" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8144" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8143" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate_8144" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8145" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8146" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8145" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate_8146" order="6.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8147" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8148" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8147" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate_8148" order="7.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8149" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8150" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8149" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate_8150" order="8.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8151" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8152" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8151" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate_8152" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8153" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8154" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8153" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate_8154" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8155" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8156" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8155" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate_8156" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8157" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate" xlink:label="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8158" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8157" xlink:to="Locator_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate_8158" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8159" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized" xlink:label="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8160" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsLineItems_8159" xlink:to="Locator_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized_8160" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsAbstract" xlink:label="Locator_mbi_InsurancePremiumsAbstract_8163" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8164" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsAbstract_8163" xlink:to="Locator_mbi_InsurancePremiumsTableTable_8164" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8255" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsLineItems" xlink:label="Locator_mbi_InsurancePremiumsLineItems_8256" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_8255" xlink:to="Locator_mbi_InsurancePremiumsLineItems_8256" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8257" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8258" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_8257" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8258" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeAxis" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8285" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8286" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeAxis_8285" xlink:to="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8286" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8287" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnearnedPremiumRevenueMember" xlink:label="Locator_mbi_UnearnedPremiumRevenueMember_8288" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8287" xlink:to="Locator_mbi_UnearnedPremiumRevenueMember_8288" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8289" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UpfrontMember" xlink:label="Locator_mbi_UpfrontMember_8290" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8289" xlink:to="Locator_mbi_UpfrontMember_8290" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8291" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InstallmentsMember" xlink:label="Locator_mbi_InstallmentsMember_8292" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8291" xlink:to="Locator_mbi_InstallmentsMember_8292" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenueArrangementTypeDomain" xlink:label="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8293" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AccretionMember" xlink:label="Locator_mbi_AccretionMember_8294" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredRevenueArrangementTypeDomain_8293" xlink:to="Locator_mbi_AccretionMember_8294" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsurancePremiumsTableTable" xlink:label="Locator_mbi_InsurancePremiumsTableTable_8259" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="Locator_us-gaap_StatementScenarioAxis_8260" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsurancePremiumsTableTable_8259" xlink:to="Locator_us-gaap_StatementScenarioAxis_8260" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8439" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8440" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_8439" xlink:to="Locator_us-gaap_RangeMember_8440" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8441" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="Locator_us-gaap_MinimumMember_8442" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_8441" xlink:to="Locator_us-gaap_MinimumMember_8442" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_8425" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8426" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementEquityComponentsAxis_8425" xlink:to="Locator_us-gaap_EquityComponentDomain_8426" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8427" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MinimumSurplusAndContingencyReservesMember" xlink:label="Locator_mbi_MinimumSurplusAndContingencyReservesMember_8428" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_8427" xlink:to="Locator_mbi_MinimumSurplusAndContingencyReservesMember_8428" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8429" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LossReservesAndUnearnedPremiumReservesMember" xlink:label="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_8430" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_8429" xlink:to="Locator_mbi_LossReservesAndUnearnedPremiumReservesMember_8430" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8431" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PolicyholdersSurplusMember" xlink:label="Locator_mbi_PolicyholdersSurplusMember_8432" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_8431" xlink:to="Locator_mbi_PolicyholdersSurplusMember_8432" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="Locator_us-gaap_EquityComponentDomain_8433" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_SurplusMember" xlink:label="Locator_mbi_SurplusMember_8434" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_EquityComponentDomain_8433" xlink:to="Locator_mbi_SurplusMember_8434" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8417" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8418" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8417" xlink:to="Locator_dei_EntityDomain_8418" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8419" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaCorpMember" xlink:label="Locator_mbi_MbiaCorpMember_8420" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8419" xlink:to="Locator_mbi_MbiaCorpMember_8420" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8421" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NationalMember" xlink:label="Locator_mbi_NationalMember_8422" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8421" xlink:to="Locator_mbi_NationalMember_8422" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8423" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MbiaUkMember" xlink:label="Locator_mbi_MbiaUkMember_8424" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8423" xlink:to="Locator_mbi_MbiaUkMember_8424" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsAbstract" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_8333" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8334" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsAbstract_8333" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsTable_8334" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8407" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8408" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8407" xlink:to="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8408" order="5.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8295" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPolicyholdersSurplus" xlink:label="Locator_mbi_PercentageOfPolicyholdersSurplus_8296" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8295" xlink:to="Locator_mbi_PercentageOfPolicyholdersSurplus_8296" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8297" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfAdjustedNetInvestmentIncome" xlink:label="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_8298" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8297" xlink:to="Locator_mbi_PercentageOfAdjustedNetInvestmentIncome_8298" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8299" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries" xlink:label="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8300" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8299" xlink:to="Locator_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries_8300" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8301" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesUnassignedSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_8302" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8301" xlink:to="Locator_mbi_StatutoryAccountingPracticesUnassignedSurplus_8302" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8303" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfNotionalAssetSwap" xlink:label="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_8304" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8303" xlink:to="Locator_mbi_MaximumPercentageOfNotionalAssetSwap_8304" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8305" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DividendPayingCapacity" xlink:label="Locator_mbi_DividendPayingCapacity_8306" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8305" xlink:to="Locator_mbi_DividendPayingCapacity_8306" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8307" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw" xlink:label="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_8308" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8307" xlink:to="Locator_mbi_AggregateRiskLimitsExceededUnderNewYorkInsuranceLaw_8308" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8309" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InvestmentsInCertainQualifingAssets" xlink:label="Locator_mbi_InvestmentsInCertainQualifingAssets_8310" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8309" xlink:to="Locator_mbi_InvestmentsInCertainQualifingAssets_8310" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8311" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_DeficitOfQualifyingAssets" xlink:label="Locator_mbi_DeficitOfQualifyingAssets_8312" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8311" xlink:to="Locator_mbi_DeficitOfQualifyingAssets_8312" order="9.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8313" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_RequestedContingencyReserveReleaseToSurplus" xlink:label="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_8314" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8313" xlink:to="Locator_mbi_RequestedContingencyReserveReleaseToSurplus_8314" order="10.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8315" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutorySurplusNegativeImpact" xlink:label="Locator_mbi_StatutorySurplusNegativeImpact_8316" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8315" xlink:to="Locator_mbi_StatutorySurplusNegativeImpact_8316" order="11.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8317" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries" xlink:label="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_8318" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8317" xlink:to="Locator_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries_8318" order="12.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8319" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesStatutoryNetLossAmount" xlink:label="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_8320" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8319" xlink:to="Locator_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount_8320" order="13.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8321" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesCapital" xlink:label="Locator_mbi_StatutoryAccountingPracticesCapital_8322" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8321" xlink:to="Locator_mbi_StatutoryAccountingPracticesCapital_8322" order="14.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8323" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesSurplus" xlink:label="Locator_mbi_StatutoryAccountingPracticesSurplus_8324" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8323" xlink:to="Locator_mbi_StatutoryAccountingPracticesSurplus_8324" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8325" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StatutoryAccountingPracticesContingencyReserves" xlink:label="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_8326" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8325" xlink:to="Locator_mbi_StatutoryAccountingPracticesContingencyReserves_8326" order="16.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8327" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount" xlink:label="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_8328" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8327" xlink:to="Locator_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount_8328" order="17.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsLineItems" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8329" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainOrLossOnSaleOfStockInSubsidiary" xlink:label="Locator_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_8330" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsLineItems_8329" xlink:to="Locator_us-gaap_GainOrLossOnSaleOfStockInSubsidiary_8330" order="18.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8409" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8410" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8409" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8410" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeAxis" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8435" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8436" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeAxis_8435" xlink:to="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8436" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OptionIndexedToIssuersEquityTypeDomain" xlink:label="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8437" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OptionTwoMember" xlink:label="Locator_mbi_OptionTwoMember_8438" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OptionIndexedToIssuersEquityTypeDomain_8437" xlink:to="Locator_mbi_OptionTwoMember_8438" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8411" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8412" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8411" xlink:to="Locator_dei_LegalEntityAxis_8412" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8413" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="Locator_us-gaap_StatementEquityComponentsAxis_8414" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8413" xlink:to="Locator_us-gaap_StatementEquityComponentsAxis_8414" order="3.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceRegulationsAndDividendsTable" xlink:label="Locator_mbi_InsuranceRegulationsAndDividendsTable_8415" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8416" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_InsuranceRegulationsAndDividendsTable_8415" xlink:to="Locator_us-gaap_RangeAxis_8416" order="4.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8507" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8508" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeAxis_8507" xlink:to="Locator_us-gaap_RangeMember_8508" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="Locator_us-gaap_RangeMember_8511" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="Locator_us-gaap_MaximumMember_8512" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RangeMember_8511" xlink:to="Locator_us-gaap_MaximumMember_8512" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract" xlink:label="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_8461" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8462" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract_8461" xlink:to="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8462" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8501" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8502" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8501" xlink:to="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8502" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8443" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_8444" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8443" xlink:to="Locator_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_8444" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8445" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_AnnualCompensationMaximumPensionPerEmployeeAmount" xlink:label="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_8446" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8445" xlink:to="Locator_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount_8446" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8447" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_8448" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8447" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears_8448" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8449" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_8450" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8449" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears_8450" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8451" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_8452" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8451" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears_8452" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8453" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears" xlink:label="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_8454" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8453" xlink:to="Locator_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears_8454" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8455" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionExpense" xlink:label="Locator_us-gaap_PensionExpense_8456" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8455" xlink:to="Locator_us-gaap_PensionExpense_8456" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanDisclosureLineItems" xlink:label="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8457" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_8458" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DefinedBenefitPlanDisclosureLineItems_8457" xlink:to="Locator_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_8458" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8503" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8504" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8503" xlink:to="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8504" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis" xlink:label="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8509" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8510" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis_8509" xlink:to="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8510" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8513" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="Locator_us-gaap_PensionPlansDefinedBenefitMember_8514" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8513" xlink:to="Locator_us-gaap_PensionPlansDefinedBenefitMember_8514" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8515" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_QualifiedProfitSharingMember" xlink:label="Locator_mbi_QualifiedProfitSharingMember_8516" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8515" xlink:to="Locator_mbi_QualifiedProfitSharingMember_8516" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8517" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedPensionMember" xlink:label="Locator_mbi_NonqualifiedPensionMember_8518" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8517" xlink:to="Locator_mbi_NonqualifiedPensionMember_8518" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain" xlink:label="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8519" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonqualifiedProfitSharingMember" xlink:label="Locator_mbi_NonqualifiedProfitSharingMember_8520" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_OtherPostretirementBenefitsIndividualContractsTypeOfDeferredCompensationDomain_8519" xlink:to="Locator_mbi_NonqualifiedProfitSharingMember_8520" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:label="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8505" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="Locator_us-gaap_RangeAxis_8506" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_8505" xlink:to="Locator_us-gaap_RangeAxis_8506" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/RelatedPartyTransactionsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_8521" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfVotingInterestsOfCompany" xlink:label="Locator_mbi_PercentageOfVotingInterestsOfCompany_8522" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_8521" xlink:to="Locator_mbi_PercentageOfVotingInterestsOfCompany_8522" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_8523" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfSuretyBonds" xlink:label="Locator_mbi_NumberOfSuretyBonds_8524" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_8523" xlink:to="Locator_mbi_NumberOfSuretyBonds_8524" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_8525" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OutstandingExposureOnSuretyBonds" xlink:label="Locator_mbi_OutstandingExposureOnSuretyBonds_8526" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_8525" xlink:to="Locator_mbi_OutstandingExposureOnSuretyBonds_8526" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="Locator_us-gaap_RelatedPartyTransactionsAbstract_8527" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LoansToExecutiveOfficersOrDirectors" xlink:label="Locator_mbi_LoansToExecutiveOfficersOrDirectors_8528" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_RelatedPartyTransactionsAbstract_8527" xlink:to="Locator_mbi_LoansToExecutiveOfficersOrDirectors_8528" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8687" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8688" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_LegalEntityAxis_8687" xlink:to="Locator_dei_EntityDomain_8688" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8689" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_InsuranceCorporationMember" xlink:label="Locator_mbi_InsuranceCorporationMember_8690" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8689" xlink:to="Locator_mbi_InsuranceCorporationMember_8690" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8691" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_BlueRidgeMember" xlink:label="Locator_mbi_BlueRidgeMember_8692" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8691" xlink:to="Locator_mbi_BlueRidgeMember_8692" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8693" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarburgPincusMember" xlink:label="Locator_mbi_WarburgPincusMember_8694" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8693" xlink:to="Locator_mbi_WarburgPincusMember_8694" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="Locator_dei_EntityDomain_8695" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_HighbridgeInternationalLlcMember" xlink:label="Locator_mbi_HighbridgeInternationalLlcMember_8696" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_dei_EntityDomain_8695" xlink:to="Locator_mbi_HighbridgeInternationalLlcMember_8696" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_8731" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_8732" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeAxis_8731" xlink:to="Locator_us-gaap_SubsequentEventTypeDomain_8732" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="Locator_us-gaap_SubsequentEventTypeDomain_8733" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="Locator_us-gaap_SubsequentEventMember_8734" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_SubsequentEventTypeDomain_8733" xlink:to="Locator_us-gaap_SubsequentEventMember_8734" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_8707" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8708" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AwardTypeAxis_8707" xlink:to="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8708" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8709" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_LongTermIncentivePlanMember" xlink:label="Locator_mbi_LongTermIncentivePlanMember_8710" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_8709" xlink:to="Locator_mbi_LongTermIncentivePlanMember_8710" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="Locator_us-gaap_StockholdersEquityNoteAbstract_8571" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8572" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockholdersEquityNoteAbstract_8571" xlink:to="Locator_mbi_CommonAndPreferredStockTable_8572" order="1.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8675" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8676" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8675" xlink:to="Locator_us-gaap_ClassOfStockLineItems_8676" order="6.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8529" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightOutstanding" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_8530" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8529" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightOutstanding_8530" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8531" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_8532" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8531" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_8532" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8533" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantsAndRightsOutstanding" xlink:label="Locator_us-gaap_WarrantsAndRightsOutstanding_8534" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8533" xlink:to="Locator_us-gaap_WarrantsAndRightsOutstanding_8534" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8535" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_WarrantTerm" xlink:label="Locator_mbi_WarrantTerm_8536" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8535" xlink:to="Locator_mbi_WarrantTerm_8536" order="4.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8537" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount1_8538" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8537" xlink:to="Locator_us-gaap_StockRepurchaseProgramAuthorizedAmount1_8538" order="5.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8539" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_StockRepurchaseProgramCancelledAmount" xlink:label="Locator_mbi_StockRepurchaseProgramCancelledAmount_8540" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8539" xlink:to="Locator_mbi_StockRepurchaseProgramCancelledAmount_8540" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8541" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8542" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8541" xlink:to="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8542" order="7.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8543" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_8544" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8543" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_8544" order="8.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8545" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8546" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8545" xlink:to="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8546" order="9.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8547" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="Locator_us-gaap_PreferredStockSharesIssued_8548" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8547" xlink:to="Locator_us-gaap_PreferredStockSharesIssued_8548" order="10.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8549" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodShares_8550" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8549" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodShares_8550" order="11.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8551" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="Locator_us-gaap_StockRepurchasedDuringPeriodValue_8552" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8551" xlink:to="Locator_us-gaap_StockRepurchasedDuringPeriodValue_8552" order="12.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8553" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="Locator_us-gaap_PreferredStockSharesOutstanding_8554" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8553" xlink:to="Locator_us-gaap_PreferredStockSharesOutstanding_8554" order="13.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8555" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockValueOutstanding" xlink:label="Locator_us-gaap_PreferredStockValueOutstanding_8556" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8555" xlink:to="Locator_us-gaap_PreferredStockValueOutstanding_8556" order="14.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8557" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_PercentageOfFaceValueOfRepurchasedPreferredStock" xlink:label="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_8558" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8557" xlink:to="Locator_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock_8558" order="15.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8559" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8560" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8559" xlink:to="Locator_us-gaap_PreferredStockParOrStatedValuePerShare_8560" order="16.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8561" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockLiquidationPreference" xlink:label="Locator_us-gaap_PreferredStockLiquidationPreference_8562" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8561" xlink:to="Locator_us-gaap_PreferredStockLiquidationPreference_8562" order="17.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8563" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentInterestRateTerms" xlink:label="Locator_us-gaap_DebtInstrumentInterestRateTerms_8564" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8563" xlink:to="Locator_us-gaap_DebtInstrumentInterestRateTerms_8564" order="18.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8565" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NonPaymentOfDividendsOnPreferredStock" xlink:label="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_8566" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8565" xlink:to="Locator_mbi_NonPaymentOfDividendsOnPreferredStock_8566" order="19.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="Locator_us-gaap_ClassOfStockLineItems_8567" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NumberOfDirectors" xlink:label="Locator_mbi_NumberOfDirectors_8568" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockLineItems_8567" xlink:to="Locator_mbi_NumberOfDirectors_8568" order="20.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8677" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_8678" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8677" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightAxis_8678" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightAxis_8697" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8698" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightAxis_8697" xlink:to="Locator_us-gaap_ClassOfWarrantOrRightDomain_8698" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8699" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WarrantMember" xlink:label="Locator_us-gaap_WarrantMember_8700" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8699" xlink:to="Locator_us-gaap_WarrantMember_8700" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8701" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBWarrantsMember" xlink:label="Locator_mbi_ClassBWarrantsMember_8702" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8701" xlink:to="Locator_mbi_ClassBWarrantsMember_8702" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8703" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_ClassBTwoWarrantsMember" xlink:label="Locator_mbi_ClassBTwoWarrantsMember_8704" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8703" xlink:to="Locator_mbi_ClassBTwoWarrantsMember_8704" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="Locator_us-gaap_ClassOfWarrantOrRightDomain_8705" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_GrossupWarrantMember" xlink:label="Locator_mbi_GrossupWarrantMember_8706" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfWarrantOrRightDomain_8705" xlink:to="Locator_mbi_GrossupWarrantMember_8706" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8679" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="Locator_us-gaap_AwardTypeAxis_8680" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8679" xlink:to="Locator_us-gaap_AwardTypeAxis_8680" order="2.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8681" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_8682" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8681" xlink:to="Locator_us-gaap_StatementClassOfStockAxis_8682" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="Locator_us-gaap_StatementClassOfStockAxis_8711" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8712" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementClassOfStockAxis_8711" xlink:to="Locator_us-gaap_ClassOfStockDomain_8712" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8713" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PreferredStockMember" xlink:label="Locator_us-gaap_PreferredStockMember_8714" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8713" xlink:to="Locator_us-gaap_PreferredStockMember_8714" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8715" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandAndSevenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_8716" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8715" xlink:to="Locator_mbi_TwoThousandAndSevenRepurchaseAuthorizationMember_8716" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8717" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwothousandfourteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_8718" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8717" xlink:to="Locator_mbi_TwothousandfourteenrepurchaseauthorizationMember_8718" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8719" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_8720" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8719" xlink:to="Locator_mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember_8720" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8721" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_OctobertwothousandfifteenrepurchaseauthorizationMember" xlink:label="Locator_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_8722" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8721" xlink:to="Locator_mbi_OctobertwothousandfifteenrepurchaseauthorizationMember_8722" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8723" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_TwoThousandSixteenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_8724" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8723" xlink:to="Locator_mbi_TwoThousandSixteenRepurchaseAuthorizationMember_8724" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8725" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_8726" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8725" xlink:to="Locator_mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember_8726" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8727" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember" xlink:label="Locator_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_8728" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8727" xlink:to="Locator_mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember_8728" order="8.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="Locator_us-gaap_ClassOfStockDomain_8729" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_UnaffiliatedInvestorsMember" xlink:label="Locator_mbi_UnaffiliatedInvestorsMember_8730" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ClassOfStockDomain_8729" xlink:to="Locator_mbi_UnaffiliatedInvestorsMember_8730" order="9.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8683" />
        <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="Locator_dei_LegalEntityAxis_8684" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8683" xlink:to="Locator_dei_LegalEntityAxis_8684" order="4.0" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_CommonAndPreferredStockTable" xlink:label="Locator_mbi_CommonAndPreferredStockTable_8685" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="Locator_us-gaap_SubsequentEventTypeAxis_8686" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_mbi_CommonAndPreferredStockTable_8685" xlink:to="Locator_us-gaap_SubsequentEventTypeAxis_8686" order="5.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_8735" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8736" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_8735" xlink:to="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8736" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8767" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8768" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8767" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8768" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8737" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_8738" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8737" xlink:to="Locator_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_8738" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleLineItems" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8739" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation" xlink:label="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_8740" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleLineItems_8739" xlink:to="Locator_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation_8740" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable" xlink:label="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8769" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8770" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_ScheduleOfLongLivedAssetsHeldForSaleTable_8769" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8770" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8771" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8772" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis_8771" xlink:to="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8772" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8773" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsMember" xlink:label="Locator_us-gaap_InvestmentsMember_8774" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8773" xlink:to="Locator_us-gaap_InvestmentsMember_8774" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8775" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashAndCashEquivalentsMember" xlink:label="Locator_us-gaap_CashAndCashEquivalentsMember_8776" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8775" xlink:to="Locator_us-gaap_CashAndCashEquivalentsMember_8776" order="2.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8777" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PremiumsReceivableMember" xlink:label="Locator_us-gaap_PremiumsReceivableMember_8778" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8777" xlink:to="Locator_us-gaap_PremiumsReceivableMember_8778" order="3.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8779" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentAssetsMember" xlink:label="Locator_us-gaap_OtherCurrentAssetsMember_8780" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8779" xlink:to="Locator_us-gaap_OtherCurrentAssetsMember_8780" order="4.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8781" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember" xlink:label="Locator_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_8782" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8781" xlink:to="Locator_us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember_8782" order="5.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8783" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnearnedPremiumsLongDurationMember" xlink:label="Locator_us-gaap_UnearnedPremiumsLongDurationMember_8784" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8783" xlink:to="Locator_us-gaap_UnearnedPremiumsLongDurationMember_8784" order="6.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongLivedAssetsHeldForSaleNameDomain" xlink:label="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8785" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherCurrentLiabilitiesMember" xlink:label="Locator_us-gaap_OtherCurrentLiabilitiesMember_8786" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_LongLivedAssetsHeldForSaleNameDomain_8785" xlink:to="Locator_us-gaap_OtherCurrentLiabilitiesMember_8786" order="7.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/RecentAccountingPronouncementsNarrativeDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="Locator_us-gaap_AccountingPoliciesAbstract_8787" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments" xlink:label="Locator_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments_8788" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountingPoliciesAbstract_8787" xlink:to="Locator_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments_8788" order="1.0" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="Locator_us-gaap_AccountingPoliciesAbstract_8789" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities" xlink:label="Locator_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities_8790" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_AccountingPoliciesAbstract_8789" xlink:to="Locator_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities_8790" order="2.0" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockTables">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:label="Locator_us-gaap_TextBlockAbstract_8791" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfTreasuryStockByClassTextBlock" xlink:label="Locator_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_8792" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_TextBlockAbstract_8791" xlink:to="Locator_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_8792" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesFairValueOfMBIAUKDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_8793" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="Locator_us-gaap_ProceedsFromDivestitureOfBusinesses_8794" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_8793" xlink:to="Locator_us-gaap_ProceedsFromDivestitureOfBusinesses_8794" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_8795" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessExitCosts1" xlink:label="Locator_us-gaap_BusinessExitCosts1_8796" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_8795" xlink:to="Locator_us-gaap_BusinessExitCosts1_8796" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="Locator_us-gaap_StatementOfFinancialPositionAbstract_8797" />
        <loc xlink:type="locator" xlink:href="mbi-20171231.xsd#mbi_NetFairValueOfSubsidiaryLessCostsToSell" xlink:label="Locator_mbi_NetFairValueOfSubsidiaryLessCostsToSell_8798" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StatementOfFinancialPositionAbstract_8797" xlink:to="Locator_mbi_NetFairValueOfSubsidiaryLessCostsToSell_8798" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesLossOnSaleTransactionDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_8799" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_8800" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_8799" xlink:to="Locator_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_8800" order="1.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_8801" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessExitCosts1" xlink:label="Locator_us-gaap_BusinessExitCosts1_8802" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_8801" xlink:to="Locator_us-gaap_BusinessExitCosts1_8802" order="2.0" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="Locator_us-gaap_IncomeStatementAbstract_8803" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="Locator_us-gaap_GainLossOnSaleOfBusiness_8804" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_IncomeStatementAbstract_8803" xlink:to="Locator_us-gaap_GainLossOnSaleOfBusiness_8804" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
    <presentationLink xlink:type="extended" xlink:role="http://www.mbia.com/role/CommonAndPreferredStockScheduleOfShareRepurchasesDetail">
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockTransactionsParentheticalDisclosuresAbstract" xlink:label="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8805" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="Locator_us-gaap_TreasuryStockSharesAcquired_8806" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8805" xlink:to="Locator_us-gaap_TreasuryStockSharesAcquired_8806" order="1.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockTransactionsParentheticalDisclosuresAbstract" xlink:label="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8807" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8808" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8807" xlink:to="Locator_us-gaap_TreasuryStockAcquiredAverageCostPerShare_8808" order="2.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockTransactionsParentheticalDisclosuresAbstract" xlink:label="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8809" />
        <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8810" />
        <presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Locator_us-gaap_StockTransactionsParentheticalDisclosuresAbstract_8809" xlink:to="Locator_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_8810" order="3.0" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </presentationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>g437986g28f24.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g437986g28f24.jpg
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M#>[C[GR8U2-/0:FNF0X>U+-&)B6YGI2RS6^FJQ%CJ:@K+>HMM/)/,NI?13"
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M9$U/6TG]MTS]_J!LB:GK:3^VZ9^_U V1-3UM)_;=,_?Z@;(FIZVD_MNF?O\
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MY84E)TJ:2KD<<D)2Q'NFHA5G+)-5N&6X(P-C3@1K#CWN6SR+AVL:RU1]=/\
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MAFT/RC_*%8[?2^IQIN;&FF8=>,@EALR KW(IAR)-/3>-YWN"&:7I'>J>7/6
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MS##5]1>BA#>*TB73PL<K"+9F(Y )A. F4O@'D,>5%YRL8B7&M;'%++!FBX>
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M<,>]Q<-X2]\JU1]=/\J?>&9TGRGV28#"\.W!"O>)XTO>X0=[WNQ&OZ?H6_\
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MN\:"QD(_4Q$7LP8/Y42:"3Z!0*!0:J-<6BV8]2,N1RZ6.9B=)*(^2620)D,
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MM V/LC['?VER5WMH&Q]D?8[^TN2N]M V/LC['?VER5WMH&Q]D?8[^TN2N]M
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MT^J!M^TE'_*[QH+&0C]3$1>S!@_E1)H)/H% H% H% H% H% H% H% H% H%
MH% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H%
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M-3UM)_;=,_?Z@;(FIZVD_MNF?O\ 4#9$U/6TG]MTS]_J!LB:GK:3^VZ9^_U
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M2>2<,I%V:_F;)C?P!/GD^Y1X,%9 7VPHB9D1R^1H$BJ%PAQ2!FXI$YCC<$V
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M8K%E<N&K6.!I29B5"+EO0;IT6SF9VR*]$/)25)(/.\!K2:_FR4D9+EB9G;J
M>S/D4LC. H$[V6?E9]O!P$6ZJ6$*(I%S.)K(]R33<:^AJ9;S\MY)^48C8Z_'
M[YBUWD%!^L22=H(#S0'^O+CT 6$>35):4'0U\AW$H'S91HX!+QY%;S7)&"Z*
MTVT&G-MM$TM&2DXF6(KNGZ!=/N!%QE'5M6E$TOLL&.22_+$V2H_W8R6.4<:
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MLK#<5<2IO#>\I2'$W3R6OH"L3%L&<2UM$4B"LDJ !<^G'"QLN"-@16(70?"
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=^.-P7<8RN)?(QA>UKX6QX-LKWRM>UK9%B+Y0_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928074000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Document and Entity Information - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Feb. 22, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DocumentDocumentandEntityInformationAbstract', window );"><strong>Document Document and Entity Information [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">10-K<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">Q4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">MBI<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">MBIA INC<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000814585<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Large Accelerated Filer<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">88,763,473<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-Known Seasoned Issuer</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityPublicFloat', window );">Entity Public Float</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,141,143,207<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>If the value is true, then the document is an amendment to previously-filed/accepted document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityPublicFloat">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityPublicFloat</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12b<br> -Subsection 1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DocumentDocumentandEntityInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Document Document and Entity Information [Abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DocumentDocumentandEntityInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6929339152">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">$ 146<span></span>
</td>
<td class="nump">$ 187<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="nump">369<span></span>
</td>
<td class="nump">409<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="nump">511<span></span>
</td>
<td class="nump">504<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">555<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Deferred income taxes, net</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">970<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
<td class="nump">9,095<span></span>
</td>
<td class="nump">11,137<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">979<span></span>
</td>
<td class="nump">541<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
<td class="nump">2,121<span></span>
</td>
<td class="nump">1,986<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation', window );">Liabilities held for sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">346<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">7,670<span></span>
</td>
<td class="nump">7,898<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingencies', window );">Commitments and contingencies (Refer to Note 20)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares-- 283,717,973 and 283,989,999</a></td>
<td class="nump">284<span></span>
</td>
<td class="nump">284<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
<td class="nump">3,171<span></span>
</td>
<td class="nump">3,160<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
<td class="nump">1,095<span></span>
</td>
<td class="nump">2,700<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax of $16 and $37</a></td>
<td class="num">(19)<span></span>
</td>
<td class="num">(128)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost-- 192,233,526 and 148,789,168 shares</a></td>
<td class="num">(3,118)<span></span>
</td>
<td class="num">(2,789)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
<td class="nump">1,413<span></span>
</td>
<td class="nump">3,227<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MinorityInterestAmountRepresentedByPreferredStock', window );">Preferred stock of subsidiary</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity</a></td>
<td class="nump">1,425<span></span>
</td>
<td class="nump">3,239<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
<td class="nump">9,095<span></span>
</td>
<td class="nump">11,137<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesNoncurrent', window );">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $3,728 and $4,713)</a></td>
<td class="nump">3,712<span></span>
</td>
<td class="nump">4,694<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
<td class="nump">200<span></span>
</td>
<td class="nump">146<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral', window );">Investments pledged as collateral, at fair value (amortized cost $147 and $234)</a></td>
<td class="nump">148<span></span>
</td>
<td class="nump">233<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesCurrent', window );">Short-term investments held as available-for-sale, at fair value (amortized cost $589 and $552)</a></td>
<td class="nump">589<span></span>
</td>
<td class="nump">552<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments (includes investments at fair value of $4 and $5)</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total investments</a></td>
<td class="nump">4,655<span></span>
</td>
<td class="nump">5,633<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">122<span></span>
</td>
<td class="nump">163<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="nump">369<span></span>
</td>
<td class="nump">409<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredPolicyAcquisitionCosts', window );">Deferred acquisition costs</a></td>
<td class="nump">95<span></span>
</td>
<td class="nump">118<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="nump">511<span></span>
</td>
<td class="nump">504<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">555<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Deferred income taxes, net</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">970<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
<td class="nump">128<span></span>
</td>
<td class="nump">113<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="nump">752<span></span>
</td>
<td class="nump">958<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">979<span></span>
</td>
<td class="nump">541<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
<td class="nump">2,121<span></span>
</td>
<td class="nump">1,986<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes (includes financial instruments carried at fair value of $115 and $101)</a></td>
<td class="nump">765<span></span>
</td>
<td class="nump">895<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Investment agreements</a></td>
<td class="nump">337<span></span>
</td>
<td class="nump">399<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLiabilities', window );">Derivative liabilities</a></td>
<td class="nump">262<span></span>
</td>
<td class="nump">299<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation', window );">Liabilities held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">346<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
<td class="nump">165<span></span>
</td>
<td class="nump">233<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
<td class="nump">182<span></span>
</td>
<td class="nump">255<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
<td class="nump">33<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Cash', window );">Cash</a></td>
<td class="nump">24<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Investments held-to-maturity, at amortized cost (fair value $916 and $876)</a></td>
<td class="nump">890<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansReceivableFairValueDisclosure', window );">Loans receivable at fair value</a></td>
<td class="nump">1,679<span></span>
</td>
<td class="nump">1,066<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes (includes financial instruments carried at fair value of $1,069 and $1,351)</a></td>
<td class="nump">$ 2,289<span></span>
</td>
<td class="nump">$ 2,241<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LoanRepurchaseCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments that represent the right of the Trust against the seller/servicer for loans that were not compliant with the representations and warranties of the loan underwriting. The Trust has the right to demand that the transferor replace ineligible loans with a compliant loan or repurchase the non-compliant loan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LoanRepurchaseCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e681-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=d3e1107-107759<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=SL51721533-107759<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64862545&amp;loc=d3e2941-110230<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721673-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=68055307&amp;loc=d3e2473-110228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Available-for-Sale Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of available-for-sale securities that serve as collateral for borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=66008989&amp;loc=d3e5086-111524<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of the sum of the obligations to contract holders to provide to them an agreed upon rate of return pursuant to the terms of the underlying contract. These contracts represent lending by the contract holders to the entity in return for a guaranteed (primarily fixed) interest rate until maturity, unless called earlier if the contracts provide that option to the contract holders (usually institutions). There is little or no insurance risk for the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.14)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Cash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Cash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingencies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),19)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=25496072&amp;loc=d3e14326-108349<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.25)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingencies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredPolicyAcquisitionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net amount of deferred policy acquisition costs capitalized on contracts remaining in force as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 825<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6487548&amp;loc=d3e32546-158582<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 30<br> -Section 55<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68057816&amp;loc=d3e11446-158418<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-18(Column B))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e575016-122915<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6481648&amp;loc=d3e11198-158413<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column B))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(7))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredPolicyAcquisitionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsLiabilitiesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=51825145&amp;loc=SL20226008-175313<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13495-108611<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=51824906&amp;loc=SL20225862-175312<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41271-113958<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6945355&amp;loc=d3e41228-113958<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Investments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19-26)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount classified as liabilities attributable to disposal group held for sale or disposed of.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64862545&amp;loc=d3e2941-110230<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=d3e1107-107759<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=SL51721533-107759<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721673-107760<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (cc)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansReceivableFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Glossary Loan<br> -URI http://asc.fasb.org/extlink&amp;oid=6517073<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LoansReceivableFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MediumTermNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6488278&amp;loc=d3e603758-122996<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MediumTermNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MinorityInterestAmountRepresentedByPreferredStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of noncontrolling interest in subsidiary represented by preferred securities issued by the subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(24))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MinorityInterestAmountRepresentedByPreferredStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NotesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of assets classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(17))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(f,g))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4I<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4590271-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4568740-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4568447-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(13)(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column D))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>17
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930085104">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets (Parenthetical) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 4,438<span></span>
</td>
<td class="nump">$ 5,450<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
<td class="nump">10,000,000<span></span>
</td>
<td class="nump">10,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
<td class="nump">400,000,000<span></span>
</td>
<td class="nump">400,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
<td class="nump">283,717,973<span></span>
</td>
<td class="nump">283,989,999<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome', window );">Accumulated other comprehensive income (loss), taxes</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes', window );">Accumulated other comprehensive income (loss), taxes</a></td>
<td class="nump">$ 16<span></span>
</td>
<td class="nump">$ 37<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
<td class="nump">192,233,526<span></span>
</td>
<td class="nump">148,789,168<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 3,728<span></span>
</td>
<td class="nump">$ 4,713<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost', window );">Investments pledged as collateral, amortized cost</a></td>
<td class="nump">147<span></span>
</td>
<td class="nump">234<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost', window );">Short-term investments held as available-for-sale, amortized cost</a></td>
<td class="nump">589<span></span>
</td>
<td class="nump">552<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentOwnedAtFairValue', window );">Other investments, fair value</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayableFairValueDisclosure', window );">Medium-term notes, financial instruments carried at fair value</a></td>
<td class="nump">115<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Variable interest entity notes, financial instruments carried at fair value</a></td>
<td class="nump">$ 1,069<span></span>
</td>
<td class="nump">$ 1,351<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Accumulated other comprehensive income loss, net deferred taxes</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_Accumulatedothercomprehensiveincomelossdeferredincometaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amortized cost of investments pledged as collateral.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentsPledgedAsCollateralAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amortized cost of short-term investments in debt and equity securities and other forms of securities that provide ownership interests classified as available-for-sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of common stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13476-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e39076-109324<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentOwnedAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of the investment at close of period. For schedules of investments that are categorized, the value would be aggregated by category. For investment in and advances to affiliates, if operations of any controlled companies are different in character from those of the company, group such affiliates within divisions and by type of activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-12.Column C.3,4)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611133-123010<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 4<br> -Subparagraph (SX 210.12-12C.Column C.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611225-123010<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.12-14.Column E.2,3)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611322-123010<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 5<br> -Subparagraph (SX 210.12-13.Column C.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611282-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentOwnedAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayableFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of notes payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19,20,22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NotesPayableFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>18
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6929037392">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements Of Operations - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $6, $7 and $9)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 201<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="nump">$ 372<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(19)<span></span>
</td>
<td class="nump">129<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Net investment losses related to other-than-temporary impairments:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="num">(282)<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">433<span></span>
</td>
<td class="nump">294<span></span>
</td>
<td class="nump">853<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">683<span></span>
</td>
<td class="nump">220<span></span>
</td>
<td class="nump">123<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">197<span></span>
</td>
<td class="nump">197<span></span>
</td>
<td class="nump">199<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,094<span></span>
</td>
<td class="nump">633<span></span>
</td>
<td class="nump">564<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(661)<span></span>
</td>
<td class="num">(339)<span></span>
</td>
<td class="nump">289<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">944<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>Net income (loss) per common share:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (13.5)<span></span>
</td>
<td class="num">$ (2.54)<span></span>
</td>
<td class="nump">$ 1.06<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (13.5)<span></span>
</td>
<td class="num">$ (2.54)<span></span>
</td>
<td class="nump">$ 1.06<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Weighted average number of common shares outstanding:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">118,930,282<span></span>
</td>
<td class="nump">133,001,088<span></span>
</td>
<td class="nump">163,936,318<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118,930,282<span></span>
</td>
<td class="nump">133,001,088<span></span>
</td>
<td class="nump">164,869,788<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts', window );">Scheduled premiums earned</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 107<span></span>
</td>
<td class="nump">$ 168<span></span>
</td>
<td class="nump">$ 199<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount', window );">Refunding premiums earned</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">94<span></span>
</td>
<td class="nump">132<span></span>
</td>
<td class="nump">173<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $6, $7 and $9)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">201<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="nump">372<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154<span></span>
</td>
<td class="nump">152<span></span>
</td>
<td class="nump">152<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FeesAndReimbursements', window );">Fees and reimbursements</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15<span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives', window );">Realized gains (losses) and other settlements on insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
<td class="num">(28)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(19)<span></span>
</td>
<td class="nump">129<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Net investment losses related to other-than-temporary impairments:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities', window );">Investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(101)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities', window );">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="num">(282)<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">683<span></span>
</td>
<td class="nump">220<span></span>
</td>
<td class="nump">123<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense', window );">Amortization of deferred acquisition costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">50<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">106<span></span>
</td>
<td class="nump">137<span></span>
</td>
<td class="nump">140<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">197<span></span>
</td>
<td class="nump">197<span></span>
</td>
<td class="nump">199<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNetByBusinessAbstract', window );"><strong>Premiums earned:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27<span></span>
</td>
<td class="nump">31<span></span>
</td>
<td class="nump">86<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract', window );"><strong>Change in fair value of insured derivatives:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">130<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Net investment losses related to other-than-temporary impairments:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 75<span></span>
</td>
<td class="nump">$ 25<span></span>
</td>
<td class="nump">$ 39<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FeesAndReimbursements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of fees collected for services performed in connection with certain insurance related transactions which are earned in the current period or deferred and earned over the life of the related transaction. Also included are work, wavier and consent, termination, administrative and management fees, and fees from reinsurance commutations that are earned when the related services are completed and the fees are received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FeesAndReimbursements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BenefitsLossesAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5,6,7)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BenefitsLossesAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of expense related to deferred policy acquisition costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(7)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 30<br> -Section 35<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=49177698&amp;loc=d3e10157-158409<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column I))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-18(Column I))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e575016-122915<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=6480726&amp;loc=d3e6691-158385<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=35755530&amp;loc=d3e11264-158415<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the amount of premium revenue on financial guarantee insurance contracts recognized during the period that was accelerated for revenue recognition purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsAcceleratedPremiumRevenueAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4A<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5618551-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12317-112629<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12355-112629<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column G))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue and income classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of other than temporary impairment (OTTI) on investment in available-for-sale debt security, recognized in other comprehensive loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 35<br> -Paragraph 35<br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e25362-111560<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsEarnedNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNetByBusinessAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsEarnedNetByBusinessAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of financial guarantee premiums earned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6816-158387<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=6933001&amp;loc=SL5747862-161289<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsEarnedNetFinancialGuaranteeInsuranceContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1448-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Weighted-Average Number of Common Shares Outstanding<br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>19
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6927033808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements Of Operations (Parenthetical) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
<td class="nump">$ 6<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member] | Financial Guarantee Insurance Segment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
<td class="nump">$ 6<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsEarned">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of earned premiums ceded to other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b),(c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededPremiumsEarned</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProductOrServiceAxis=us-gaap_FinancialGuaranteeInsuranceSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProductOrServiceAxis=us-gaap_FinancialGuaranteeInsuranceSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6926429312">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements Of Comprehensive Income (Loss) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract', window );"><strong>Statements of Comprehensive Income (Loss)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract', window );"><strong>Unrealized gains (losses) on available-for-sale securities: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax', window );">Unrealized gains (losses) arising during the period</a></td>
<td class="num">(22)<span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="num">(80)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
<td class="num">(1)<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="num">(27)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Total</a></td>
<td class="num">(21)<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="num">(53)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
<td class="nump">2<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax', window );">Total</a></td>
<td class="nump">2<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract', window );"><strong>Available-for-sale securities with other-than-temporary impairments: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax', window );">Other-than-temporary impairments and unrealized gains (losses) arising during the period</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax', window );">Total</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax', window );">Total</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract', window );"><strong>Foreign currency translation: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax', window );">Foreign currency translation gains (losses)</a></td>
<td class="nump">146<span></span>
</td>
<td class="num">(94)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Total</a></td>
<td class="nump">125<span></span>
</td>
<td class="num">(95)<span></span>
</td>
<td class="num">(26)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="nump">109<span></span>
</td>
<td class="num">(67)<span></span>
</td>
<td class="num">(82)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income (loss)</a></td>
<td class="num">$ (1,496)<span></span>
</td>
<td class="num">$ (405)<span></span>
</td>
<td class="nump">$ 98<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831223<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e557-108580<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a-c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32022-110900<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 18<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32157-110900<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32022-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 20<br> -Section 35<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6939497&amp;loc=d3e30304-110892<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit), before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569643-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e689-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e689-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e,f)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928931696">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statement Of Changes In Shareholders' Equity - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Total</div></th>
<th class="th"><div>Preferred Stock Of Subsidiary And Noncontrolling Interest [Member]</div></th>
<th class="th"><div>Total Shareholders' Equity Of MBIA Inc. [Member]</div></th>
<th class="th"><div>Common Stock [Member]</div></th>
<th class="th"><div>Additional Paid In Capital [Member]</div></th>
<th class="th"><div>Retained Earnings [Member]</div></th>
<th class="th"><div>Accumulated Other Comprehensive Income (Loss) [Member]</div></th>
<th class="th"><div>Treasury Stock [Member]</div></th>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity balance at Dec. 31, 2014</a></td>
<td class="nump">$ 3,950<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
<td class="nump">$ 3,929<span></span>
</td>
<td class="nump">$ 281<span></span>
</td>
<td class="nump">$ 3,128<span></span>
</td>
<td class="nump">$ 2,858<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
<td class="num">$ (2,359)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) at Dec. 31, 2014</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">281,352,782<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Balance (in treasury stock shares) at Dec. 31, 2014</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(89,409,887)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) at Dec. 31, 2014</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectOfNewAccountingPrinciple', window );">ASU 2015-02 transition adjustment</a></td>
<td class="num">(9)<span></span>
</td>
<td class="num">$ (9)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="num">(82)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(82)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(82)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation</a></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">480,836<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(986,455)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury shares acquired</a></td>
<td class="num">$ (303)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(303)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (303)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury shares acquired (in shares)</a></td>
<td class="num">(39,900,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(39,906,899)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity balance at Dec. 31, 2015</a></td>
<td class="nump">$ 3,741<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">3,729<span></span>
</td>
<td class="nump">$ 282<span></span>
</td>
<td class="nump">3,138<span></span>
</td>
<td class="nump">3,038<span></span>
</td>
<td class="num">(61)<span></span>
</td>
<td class="num">$ (2,668)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) at Dec. 31, 2015</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">281,833,618<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Balance (in treasury stock shares) at Dec. 31, 2015</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(130,303,241)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) at Dec. 31, 2015</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(338)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="num">(67)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(67)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(67)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation</a></td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
<td class="nump">22<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (16)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,156,381<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,925,990)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury shares acquired</a></td>
<td class="num">$ (105)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(105)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (105)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury shares acquired (in shares)</a></td>
<td class="num">(16,600,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(16,559,937)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity balance at Dec. 31, 2016</a></td>
<td class="nump">$ 3,239<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">3,227<span></span>
</td>
<td class="nump">$ 284<span></span>
</td>
<td class="nump">3,160<span></span>
</td>
<td class="nump">2,700<span></span>
</td>
<td class="num">(128)<span></span>
</td>
<td class="num">$ (2,789)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) at Dec. 31, 2016</a></td>
<td class="nump">283,989,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">283,989,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Balance (in treasury stock shares) at Dec. 31, 2016</a></td>
<td class="num">(148,789,168)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(148,789,168)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) at Dec. 31, 2016</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,605)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,605)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="nump">109<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">109<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">109<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation', window );">Share-based compensation</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation', window );">Share-based compensation (in shares)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(272,026)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(402,707)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValueAcquiredCostMethod', window );">Treasury shares acquired</a></td>
<td class="num">$ (325)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(325)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (325)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury shares acquired (in shares)</a></td>
<td class="num">(43,000,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(43,041,651)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest', window );">Total equity balance at Dec. 31, 2017</a></td>
<td class="nump">$ 1,425<span></span>
</td>
<td class="nump">$ 12<span></span>
</td>
<td class="nump">$ 1,413<span></span>
</td>
<td class="nump">$ 284<span></span>
</td>
<td class="nump">$ 3,171<span></span>
</td>
<td class="nump">$ 1,095<span></span>
</td>
<td class="num">$ (19)<span></span>
</td>
<td class="num">$ (3,118)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Balance (in common stock shares) at Dec. 31, 2017</a></td>
<td class="nump">283,717,973<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">283,717,973<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Balance (in treasury stock shares) at Dec. 31, 2017</a></td>
<td class="num">(192,233,526)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(192,233,526)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Balance (in preferred stock shares) at Dec. 31, 2017</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectOfNewAccountingPrinciple">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cumulative effect of prospective application of new accounting principle</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EffectOfNewAccountingPrinciple</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569643-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 55<br> -Paragraph 4I<br> -URI http://asc.fasb.org/extlink&amp;oid=65897068&amp;loc=SL4590271-111686<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4568740-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4568447-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockSharesAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares that have been repurchased during the period and are being held in treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockSharesAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValueAcquiredCostMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockValueAcquiredCostMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=mbi_PreferredStockOfSubsidiaryAndNoncontrollingInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_ParentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedOtherComprehensiveIncomeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_TreasuryStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900812976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation', window );">Share-based compensation</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
</table>
<div style="display: none;"><table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase in additional paid in capital (APIC) resulting from a tax benefit associated with share-based compensation plan other than an employee stock ownership plan (ESOP). Includes, but is not limited to, excess tax benefit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 740<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65880886&amp;loc=d3e23524-113945<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table></div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928076096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements Of Cash Flows - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInsurancePremiumsCollected', window );">Premiums, fees and reimbursements received</a></td>
<td class="nump">$ 61<span></span>
</td>
<td class="nump">$ 115<span></span>
</td>
<td class="nump">$ 95<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
<td class="nump">248<span></span>
</td>
<td class="nump">318<span></span>
</td>
<td class="nump">353<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid', window );">Insured derivative commutations and losses paid</a></td>
<td class="num">(52)<span></span>
</td>
<td class="num">(43)<span></span>
</td>
<td class="num">(42)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForLossesAndLossAdjustmentExpense', window );">Financial guarantee losses and loss adjustment expenses paid</a></td>
<td class="num">(768)<span></span>
</td>
<td class="num">(351)<span></span>
</td>
<td class="num">(238)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromReinsuranceAndRecoveries', window );">Proceeds from recoveries and reinsurance</a></td>
<td class="nump">170<span></span>
</td>
<td class="nump">99<span></span>
</td>
<td class="nump">85<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating and employee related expenses paid</a></td>
<td class="num">(130)<span></span>
</td>
<td class="num">(134)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
<td class="num">(155)<span></span>
</td>
<td class="num">(139)<span></span>
</td>
<td class="num">(169)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="num">(630)<span></span>
</td>
<td class="num">(140)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
<td class="num">(1,811)<span></span>
</td>
<td class="num">(2,661)<span></span>
</td>
<td class="num">(2,146)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
<td class="nump">2,256<span></span>
</td>
<td class="nump">2,412<span></span>
</td>
<td class="nump">1,145<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
<td class="nump">568<span></span>
</td>
<td class="nump">680<span></span>
</td>
<td class="nump">800<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment', window );">Purchases of investments at fair value</a></td>
<td class="num">(263)<span></span>
</td>
<td class="num">(199)<span></span>
</td>
<td class="num">(390)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment', window );">Sales, paydowns and maturities of investments at fair value</a></td>
<td class="nump">326<span></span>
</td>
<td class="nump">260<span></span>
</td>
<td class="nump">551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(125)<span></span>
</td>
<td class="nump">525<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities', window );">Sales, paydowns and maturities of held-to-maturity investments</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,799<span></span>
</td>
<td class="nump">67<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable', window );">Paydowns and maturities of loans receivable</a></td>
<td class="nump">259<span></span>
</td>
<td class="nump">261<span></span>
</td>
<td class="nump">232<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ProceedsFromConsolidationOfVariableInterestEntity', window );">Consolidation of variable interest entities</a></td>
<td class="nump">18<span></span>
</td>
<td class="nump">9<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentsForDeconsolidationOfVariableInterestEntity', window );">Deconsolidation of variable interest entities</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
<td class="num">(64)<span></span>
</td>
<td class="num">(44)<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from counterparties</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">49<span></span>
</td>
<td class="num">(31)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Capital expenditures</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities', window );">Other investing</a></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
<td class="nump">1,202<span></span>
</td>
<td class="nump">2,424<span></span>
</td>
<td class="nump">817<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
<td class="nump">17<span></span>
</td>
<td class="nump">19<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
<td class="num">(84)<span></span>
</td>
<td class="num">(85)<span></span>
</td>
<td class="num">(116)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfMediumTermNotes', window );">Principal paydowns of medium-term notes</a></td>
<td class="num">(171)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
<td class="num">(118)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromNotesPayable', window );">Proceeds from the MBIA Corp. Financing Facility</a></td>
<td class="nump">328<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfNotesPayable', window );">Principal paydowns of variable interest entity notes</a></td>
<td class="num">(368)<span></span>
</td>
<td class="num">(2,234)<span></span>
</td>
<td class="num">(490)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Principal paydowns of long-term debt</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
<td class="num">(330)<span></span>
</td>
<td class="num">(110)<span></span>
</td>
<td class="num">(304)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities', window );">Other financing</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
<td class="num">(611)<span></span>
</td>
<td class="num">(2,544)<span></span>
</td>
<td class="num">(1,015)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
<td class="num">(41)<span></span>
</td>
<td class="num">(262)<span></span>
</td>
<td class="num">(260)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
<td class="nump">187<span></span>
</td>
<td class="nump">522<span></span>
</td>
<td class="nump">782<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashIncludingDiscontinuedOperations', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(73)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
<td class="nump">146<span></span>
</td>
<td class="nump">187<span></span>
</td>
<td class="nump">522<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(1,605)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInPremiumsReceivable', window );">Premiums receivable</a></td>
<td class="nump">49<span></span>
</td>
<td class="nump">75<span></span>
</td>
<td class="nump">50<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts', window );">Deferred acquisition costs</a></td>
<td class="nump">22<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="nump">49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="num">(206)<span></span>
</td>
<td class="num">(263)<span></span>
</td>
<td class="num">(371)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">778<span></span>
</td>
<td class="nump">29<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInInsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="num">(681)<span></span>
</td>
<td class="num">(74)<span></span>
</td>
<td class="num">(44)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInInterestPayableNet', window );">Accrued interest payable</a></td>
<td class="nump">138<span></span>
</td>
<td class="nump">111<span></span>
</td>
<td class="nump">105<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedLiabilities', window );">Accrued expenses</a></td>
<td class="num">(29)<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="nump">106<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized (gains) losses on insured derivatives</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(21)<span></span>
</td>
<td class="num">(157)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(84)<span></span>
</td>
<td class="num">(105)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
<td class="num">(59)<span></span>
</td>
<td class="nump">282<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
<td class="nump">940<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_VieInterestNet', window );">Interest on variable interest entities, net</a></td>
<td class="nump">35<span></span>
</td>
<td class="nump">57<span></span>
</td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
<td class="num">(12)<span></span>
</td>
<td class="nump">38<span></span>
</td>
<td class="nump">39<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
<td class="nump">975<span></span>
</td>
<td class="nump">198<span></span>
</td>
<td class="num">(234)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="num">(630)<span></span>
</td>
<td class="num">(140)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract', window );"><strong>Supplementary Disclosure of Consolidated Cash Flow Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1', window );">Non-cash consideration received from the sale of MBIA UK Insurance Limited</a></td>
<td class="nump">$ 332<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ChangeInAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInInsuranceLossRecoverable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in carrying amount as of the balance sheet date of amounts expected to be recovered under the terms of insurance contracts related to recoveries related to commitments to repurchase ineligible loans within an (issue) and recoveries expected on paid claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInInsuranceLossRecoverable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in other net Realized Gains Losses</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetOtherThanTemporaryImpairments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net Other Than Temporary Impairments</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetOtherThanTemporaryImpairments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsForDeconsolidationOfVariableInterestEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash outflows from deconsolidation of variable interest entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PaymentsForDeconsolidationOfVariableInterestEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Payments for net realized losses on insured derivatives paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PaymentsForNetRealizedLossesOnInsuredDerivativesPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromConsolidationOfVariableInterestEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash inflows from consolidation of variable interest entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ProceedsFromConsolidationOfVariableInterestEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ProceedsFromReinsuranceAndRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Proceeds from reinsurance and recoveries</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ProceedsFromReinsuranceAndRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reconciliation of net income loss to net cash provided used by operating activities [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_VieInterestNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net interest received (paid) on consolidated variable interest entities whose assets and liabilities are not carried at fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_VieInterestNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49171198&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashIncludingDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Includes cash within disposal group or discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashIncludingDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=63044130<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash balances in continuing operations held in foreign currencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49171198&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaidNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxesPaidNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amount of cash held either as collateral directly or provided to third parties associated with derivative instruments. Upon the occurrence of any specified triggering event or condition associated with the derivative, these amounts can be utilized to recover all or a portion of the amounts due or payable under the derivative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccruedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the balance sheet value of capitalized sales costs that are associated with acquiring a new insurance customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredPolicyAcquisitionCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInInterestPayableNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInInterestPayableNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in liability to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPremiumsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The change in the premium receivable balance on the balance sheet.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInPremiumsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInUnearnedPremiums">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInUnearnedPremiums</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaidNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid for interest during the period net of cash paid for interest that is capitalized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPaidNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of noncash consideration received for selling an asset or business through a noncash (or part noncash) transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4313-108586<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4332-108586<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4304-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherNoncashIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherNoncashIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForLossesAndLossAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of reinsurance, of payments to settle insured claims and pay costs incurred in the claims settlement process.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForLossesAndLossAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total amount of cash paid for operating activities during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (d)-(g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash outflow or inflow from derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash (inflow) outflow from investing activities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3098-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3095-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromShortTermInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3098-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3095-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromShortTermInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to reacquire common stock during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForRepurchaseOfCommonStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3213-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquirePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire securities classified as trading securities and held for investment purposes. Excludes payments for trading securities purchased and held principally for the purpose of selling them in the near term (thus held for only a short period of time).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInsurancePremiumsCollected">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash received as payments for insurance premiums during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromInsurancePremiumsCollected</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInterestAndDividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash received for dividends and interest on the entity's equity and debt investments during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromInterestAndDividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from issuance of long-term debt classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromNotesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a borrowing supported by a written promise to pay an obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromNotesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from financing activities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3095-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3098-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromPaymentsForOtherFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale and collection of loans receivables arising from the financing of goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from the sale or maturity of long-term held-to-maturity securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale of securities classified as trading securities and held for investment purposes. Excludes proceeds from trading securities purchased and held principally for the purpose of selling them in the near term (thus held for only a short period of time).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfMediumTermNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to pay off borrowing used to receive debt funding on a regular basis with maturities ranging from 5-10 years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfMediumTermNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfNotesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for a borrowing supported by a written promise to pay an obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfNotesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfOtherLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for the payment of debt classified as other, maturing after one year or the operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfOtherLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900832624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Developments and Risks and Uncertainties<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NatureOfOperations', window );">Business Developments and Risks and Uncertainties</a></td>
<td class="text"><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 1: Business Developments and Risks and Uncertainties</font></p><p style='text-align:left;margin-top:13pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Summary</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc., together with its consolidated subsidiaries, (collectively, &#8220;MBIA&#8221; or the &#8220;Company&#8221;) operates within the financial guarantee insurance industry. MBIA manages three operating segments: 1) United States (&#8220;U.S.&#8221;) public finance</font><font style='font-family:Times New Roman;font-size:10pt;' > insurance; 2) corporate; and 3) international and structured finance insurance.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s U.S. public finance insurance business is primarily operated through National Public Finance Guarantee Corporation (&#8220;National&#8221;) and its international and structu</font><font style='font-family:Times New Roman;font-size:10pt;' >red finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries (&#8220;MBIA Corp.&#8221;). </font><font style='font-family:Times New Roman;font-size:10pt;' >Effective </font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >January </font><font style='font-family:Times New Roman;font-size:10pt;' >10, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017, MBIA Corp.&#8217;s wholly</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >owned subsidiary, MBIA UK (Holdings) Limited (&#8220;MBIA UK Holdings&#8221;), sold its oper</font><font style='font-family:Times New Roman;font-size:10pt;' >ating subsidiary, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA UK Insurance Limited (&#8220;MBIA UK&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, to Assured Guaranty Corp. (&#8220;Assured&#8221;), a subsidiary of Assured Guaranty Ltd. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer below for a further discussion of the sale of MBIA UK. Unless otherwise indicated or the context </font><font style='font-family:Times New Roman;font-size:10pt;' >otherwise requires,</font><font style='font-family:Times New Roman;font-size:10pt;' > references to &#8220;MBIA Corp.&#8221; are </font><font style='font-family:Times New Roman;font-size:10pt;' >(i) for any references relating&#160;to the period ended January 10, </font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' >017, to MBIA Insurance Corporation, together with its subsidiaries, MBIA UK, and MBIA Mexico S.A. de C.V</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;MBIA Mexico&#8221;) and (ii) for any references relating&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >to the period after January 10, </font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' >017, to MBIA Insurance Corporation together </font><font style='font-family:Times New Roman;font-size:10pt;' >with </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Mexico.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 12: Business Segments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >for further information about the Company&#8217;s operating segments. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Business Developments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Strength Ratings</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On June 26, 2017, Stand</font><font style='font-family:Times New Roman;font-size:10pt;' >ard &amp; Poor&#8217;s Financial Services LLC (&#8220;S&amp;P&#8221;) downgraded the financial strength rating of National from AA- with a stable outlook to A with a stable outlook. National&#8217;s ability to write new business and to compete with other financial guarantors </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s largely </font><font style='font-family:Times New Roman;font-size:10pt;' >dependent on the financial strength ratings assigned to National by major rating agencies</font><font style='font-family:Times New Roman;font-size:10pt;' >, and with </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >A </font><font style='font-family:Times New Roman;font-size:10pt;' >rating</font><font style='font-family:Times New Roman;font-size:10pt;' > assigned by S&amp;P, </font><font style='font-family:Times New Roman;font-size:10pt;' >it </font><font style='font-family:Times New Roman;font-size:10pt;' >would be </font><font style='font-family:Times New Roman;font-size:10pt;' >difficult for National to compete with higher-rated competitors</font><font style='font-family:Times New Roman;font-size:10pt;' >. Theref</font><font style='font-family:Times New Roman;font-size:10pt;' >ore, </font><font style='font-family:Times New Roman;font-size:10pt;' >at that time, </font><font style='font-family:Times New Roman;font-size:10pt;' >National </font><font style='font-family:Times New Roman;font-size:10pt;' >ceased its efforts to actively pursue writing new financial guarantee business. </font><font style='font-family:Times New Roman;font-size:10pt;' >On November 28, 2017, the Company provided notice to S&amp;P terminating the agreements by which S&amp;P agreed to provide financial strength ratings to MBIA Inc., National and MBIA Co</font><font style='font-family:Times New Roman;font-size:10pt;' >rp. On December 1, 2017, S&amp;P affirmed National&#8217;s A with a stable outlook rating and subsequently withdrew all of its ratings. On September 28, 2017, National provided notice to Kroll Bond Rating Agency (&#8220;Kroll&#8221;) terminating the agreement by which Kroll agr</font><font style='font-family:Times New Roman;font-size:10pt;' >eed to provide a financial strength rating to National. On December 5, 2017, Kroll downgraded the financial strength rating of National from AA+ to AA with a negative outlook and subsequently withdrew its rating. On September 28, 2017, the Company provided</font><font style='font-family:Times New Roman;font-size:10pt;' > notice to Moody&#8217;s Investors Services (&#8220;Moody&#8217;s&#8221;) terminating the agreement by which Moody&#8217;s agreed to provide financial strength ratings to MBIA Inc., National, MBIA Corp. and MBIA Mexico. On January 17, 2018, Moody&#8217;s downgraded the financial strength rat</font><font style='font-family:Times New Roman;font-size:10pt;' >ing of National to Baa2 from A3 with a stable outlook, affirmed the financial strength rating of MBIA Corp. at Caa1 with a developing outlook, d</font><font style='font-family:TimesNewRomanPSMT;font-size:10pt;' >owngraded MBIA Inc.&#8217;s rating to Ba3 with a stable outlook from Ba1 with a negative outlook, </font><font style='font-family:Times New Roman;font-size:10pt;' >and affirmed the financial strength rating of MBIA Mexico at Caa1/B3.mx with a developing outlook. </font><font style='font-family:Times New Roman;font-size:10pt;' >Moody&#8217;s, at its</font><font style='font-family:Times New Roman;font-size:10pt;' > discretion and in the absence of a contract with the Company, continues to maintain ratings on MBIA Inc. and its subsidiaries.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Full </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Valuation </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Allowance </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Net </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferred Tax Asset</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >had a full </font><font style='font-family:Times New Roman;font-size:10pt;' >valuation al</font><font style='font-family:Times New Roman;font-size:10pt;' >lowance on its net deferred tax asset</font><font style='font-family:Times New Roman;font-size:10pt;' > of $770 million</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 11: Income Taxes</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for further information about this valuation allowance on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >net </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax asset.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Sale of MBIA UK </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On January 10, 2017, MBIA UK Holdings sold its operating subsidia</font><font style='font-family:Times New Roman;font-size:10pt;' >ry, MBIA UK, and made a cash payment of $</font><font style='font-family:Times New Roman;font-size:10pt;' >23</font><font style='font-family:Times New Roman;font-size:10pt;' > million, to Assured in exchange for the receipt by MBIA UK Holdings of certain notes owned by Assured that were issued by Zohar II 2005-1, Limited (&#8220;Zohar II&#8221;) with an aggregate outstanding principal amount of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' >47</font><font style='font-family:Times New Roman;font-size:10pt;' > million as of January 10, 2017 (the &#8220;Sale Transaction&#8221;). </font><font style='font-family:Times New Roman;font-size:10pt;' >In connection with the sale, the Company adjusted the carrying value of MBIA UK to its fair value less costs to sell and recorded a $</font><font style='font-family:Times New Roman;font-size:10pt;' >278</font><font style='font-family:Times New Roman;font-size:10pt;' > million loss in 2016. </font><font style='font-family:Times New Roman;font-size:10pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company recorded </font><font style='font-family:Times New Roman;font-size:10pt;' >a gain of $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million to adjust the carrying value of MBIA UK to its fair value less costs to sell as of the sale date. These results were reflected in the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s international and structured finance insurance segment and included in &#8220;Other net realized </font><font style='font-family:Times New Roman;font-size:10pt;' >gains (losses)&#8221; on the Company&#8217;s consolidated statement of operations.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Held for Sale Classification</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The assets and liabilities of MBIA UK were classified as held for sale as of December 31, 2016 and presented within &#8220;Assets held for sale&#8221; and &#8220;Liabilities held for </font><font style='font-family:Times New Roman;font-size:10pt;' >sale&#8221; on the Company&#8217;s consolidated balance sheet. Income </font><font style='font-family:Times New Roman;font-size:10pt;' >(loss) </font><font style='font-family:Times New Roman;font-size:10pt;' >before income taxes for MBIA UK was</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >income of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >45</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million </font><font style='font-family:Times New Roman;font-size:10pt;' >and a loss</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million for </font><font style='font-family:Times New Roman;font-size:10pt;' >the years ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and 2015, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The fol</font><font style='font-family:Times New Roman;font-size:10pt;' >lowing table summarizes the components of assets and liabilities held for sale as of December 31</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2016:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:105pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of </font></td><td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:105pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td><td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments </font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >466</font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Premiums receivable </font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >267</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(270)</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total assets held for sale</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >555</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >304</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities </font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total liabilities held for sale</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >346</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. Financing </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Facility</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On January 10, 2017, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. executed a financing facility (the &#8220;Facility&#8221;) with affiliates of certain holders of </font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >% Fixed-to-Floating Rate Surplus Notes of MBIA Corp. (collectively, the &#8220;Senior Lenders&#8221;), and with MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Inc., pursuant to which the Senior Lenders have provided $</font><font style='font-family:Times New Roman;font-size:10pt;' >325</font><font style='font-family:Times New Roman;font-size:10pt;' > million of senior financing and MBIA Inc. has provide</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >38</font><font style='font-family:Times New Roman;font-size:10pt;' > million of subordinated financing to MZ Funding LLC (&#8220;MZ Funding&#8221;), a newly formed wholly-owned subsidiary of the Company, which in tur</font><font style='font-family:Times New Roman;font-size:10pt;' >n lent the proceeds of such financing to MBIA Corp. MBIA Corp. issued financial guarantee insurance policies insuring MZ Funding&#8217;s obligations under the Facility. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 10: Debt</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for further information about the Facility.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Risks and Uncertainties</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s financial statements include estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The outcome of certain significant risks and uncertainties could cause the Company to revise its estimates and </font><font style='font-family:Times New Roman;font-size:10pt;' >assumptions or could cause actual results to differ from the Company&#8217;s estimates. The discussion below highlights the significant risks and uncertainties that could have a material effect on the Company&#8217;s financial statements and business objectives in fut</font><font style='font-family:Times New Roman;font-size:10pt;' >ure periods.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >U.S. Public Finance Market Conditions</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National continues to surveil and remediate its existing insured portfolio and will seek opportunities to enhance shareholder value using its strong financial resources, while protecting the interests of</font><font style='font-family:Times New Roman;font-size:10pt;' > all of its policyholders. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain state and local governments and territory obligors that National insures remain under financial and budgetary stress. This could lead to an increase in defaults by such entities on the payment of their obligations and los</font><font style='font-family:Times New Roman;font-size:10pt;' >ses or impairments on a greater number of the Company&#8217;s insured transactions. National monitors and analyzes these situations and other stressed credits closely, and the overall extent and duration of this stress is uncertain.  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In particular, the Commonwe</font><font style='font-family:Times New Roman;font-size:10pt;' >alth of </font><font style='font-family:Times New Roman;font-size:10pt;' >Puerto Rico </font><font style='font-family:Times New Roman;font-size:10pt;' >and certain of its instrumentalities (&#8220;Puerto Rico&#8221;) are</font><font style='font-family:Times New Roman;font-size:10pt;' > experiencing </font><font style='font-family:Times New Roman;font-size:10pt;' >significant </font><font style='font-family:Times New Roman;font-size:10pt;' >fiscal stress and constrained liquidity due to, among other things, Puerto Rico&#8217;s structural budget imbalance, </font><font style='font-family:Times New Roman;font-size:10pt;' >the lack of </font><font style='font-family:Times New Roman;font-size:10pt;' >access to the capital markets, </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' > stagnating local economy, net migration of people out of Puerto Rico and a high debt burden</font><font style='font-family:Times New Roman;font-size:10pt;' >. Although Puerto Rico has tried to address its challenges through various fiscal policies, it continues to experience significant fiscal stress. </font><font style='font-family:Times New Roman;font-size:10pt;' >Puerto Rico defau</font><font style='font-family:Times New Roman;font-size:10pt;' >lted on scheduled debt service for National insured bonds and National paid gross claims in the aggregate of $</font><font style='font-family:Times New Roman;font-size:10pt;' >242</font><font style='font-family:Times New Roman;font-size:10pt;' > million during 2017. On January 1, 2018, Puerto Rico also defaulted on scheduled debt service for National insured bonds and National paid gro</font><font style='font-family:Times New Roman;font-size:10pt;' >ss claims in the aggregate of $</font><font style='font-family:Times New Roman;font-size:10pt;' >69</font><font style='font-family:Times New Roman;font-size:10pt;' > million. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >On September 20, 2017, Hurricane Maria made landfall in Puerto Rico as a </font><font style='font-family:Times New Roman;font-size:10pt;' >Category 4 hurricane resulting in catastrophic damage to much of the island&#8217;s basic infrastructure, including its electrical transmission an</font><font style='font-family:Times New Roman;font-size:10pt;' >d distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September 21, 2017, the President of the United States approved a Major Disaster Declaration for Puerto Rico and the Federal Emergency Management Agency (</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;FEMA&#8221;) made federal disaster assistance available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&#8217;s impact on Puerto Rico will likely also impact its ability to both repay its legacy indebtedness and participate in ongoing debt restruct</font><font style='font-family:Times New Roman;font-size:10pt;' >uring negotiations. The physical damage and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private insurance, relief from FEMA and other federal agencies and programs. Economic activity in Puerto Rico may not retur</font><font style='font-family:Times New Roman;font-size:10pt;' >n to pre-hurricane levels and Puerto Rico&#8217;s recovery could be more shallow and protracted than that experienced by other similarly affected governments, given Puerto Rico&#8217;s prior constrained liquidity and economic activity. While the federal government has</font><font style='font-family:Times New Roman;font-size:10pt;' > made aid available to Puerto Rico, there can be no assurance that such aid will continue in the amounts necessary to offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal gover</font><font style='font-family:Times New Roman;font-size:10pt;' >nment, through its actions to deliver disaster relief and other support services, in addition to the evolving role of the Financial Oversight and Management Board for Puerto Rico (&#8220;Oversight Board&#8221;) and the role of Puerto Rico in its own recovery, heighten</font><font style='font-family:Times New Roman;font-size:10pt;' >s political risk in connection with the restructuring of legacy debt. This risk could lead the Oversight Board, Puerto Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&#8217;s long term </font><font style='font-family:Times New Roman;font-size:10pt;' >recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase materially.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Insured Portfolio</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Corp.&#8217;s primary objectives are to satisfy claims of its policyholders, maximize future recoveries, if any, f</font><font style='font-family:Times New Roman;font-size:10pt;' >or its Senior Lenders and surplus note holders and, then its preferred stock holders. MBIA Corp. is executing this strategy by pursuing various actions focused on maximizing the collection of recoveries and by reducing potential losses on its insurance exp</font><font style='font-family:Times New Roman;font-size:10pt;' >osures. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s insured portfolio could deteriorate and result in additional significant loss reserves and claim payments. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.&#8217;s ability to meet its obligations is limited by available liquidity and its ability to </font><font style='font-family:Times New Roman;font-size:10pt;' >secure</font><font style='font-family:Times New Roman;font-size:10pt;' > additional </font><font style='font-family:Times New Roman;font-size:10pt;' >liquidity </font><font style='font-family:Times New Roman;font-size:10pt;' >through financing and other transactions. There can be no assurance that MBIA Corp. will be successful in generating sufficient cash to meet its obligations. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On January 20, 2017, MBIA Corp. was presented with and fully satisfied a claim </font><font style='font-family:Times New Roman;font-size:10pt;' >of $</font><font style='font-family:Times New Roman;font-size:10pt;' >770</font><font style='font-family:Times New Roman;font-size:10pt;' > million (t</font><font style='font-family:Times New Roman;font-size:10pt;' >he &#8220;Zohar II Claim&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > on an </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance policy it had written insuring the certain notes issued by </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar II.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. was able to satisfy the </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar II Claim </font><font style='font-family:Times New Roman;font-size:10pt;' >as a result of having completed the Sale Transaction and by borrowing from the Facility</font><font style='font-family:Times New Roman;font-size:10pt;' >, as describe</font><font style='font-family:Times New Roman;font-size:10pt;' >d above, together with </font><font style='font-family:Times New Roman;font-size:10pt;' >using </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' > million from </font><font style='font-family:Times New Roman;font-size:10pt;' >its own </font><font style='font-family:Times New Roman;font-size:10pt;' >resources. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Failure to recover a substantial amount of such payments could impede its ability to make payments when due on other policies. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. believes that if the New York State De</font><font style='font-family:Times New Roman;font-size:10pt;' >partment of Financial Services (&#8220;NYSDFS&#8221;) concludes at any time that MBIA Insurance Corporation will not be able to pay its policyholder claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Ar</font><font style='font-family:Times New Roman;font-size:10pt;' >ticle 74 of the New York Insurance Law (&#8220;NYIL&#8221;) and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA Insurance Corporation&#8217;s policyholders. The determination to commence such a proceeding or take other such actio</font><font style='font-family:Times New Roman;font-size:10pt;' >ns is within the exclusive control of the NYSDFS. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Given the separation of MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >and MBIA Corp. as distinct legal entities, the absence of any cross defaults between the entities and the lack of reliance by MBIA Inc. on MBIA Corp. for the receipt of di</font><font style='font-family:Times New Roman;font-size:10pt;' >vidends, the Company does not believe that a rehabilitation or liquidation proceeding with respect to MBIA Insurance Corporation would have any significant liquidity impact on MBIA Inc. or result in a liquidation or similar proceeding of MBIA Mexico. </font><font style='font-family:Times New Roman;font-size:10pt;' >Such </font><font style='font-family:Times New Roman;font-size:10pt;' >a proceeding could have material adverse consequences for MBIA Corp., including the termination of insured credit default swaps (&#8220;CDS&#8221;) and other derivative contracts for which counterparties may assert market-based claims, the acceleration of debt obligat</font><font style='font-family:Times New Roman;font-size:10pt;' >ions issued by affiliates and insured by MBIA Corp., the loss of control of MBIA Insurance Corporation to a rehabilitator or liquidator, and unplanned costs.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Zohar and RMBS Recoveries</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Payment of a claim in November of 2015 on MBIA Corp.&#8217;s policy insuring t</font><font style='font-family:Times New Roman;font-size:10pt;' >he class A-1 and A-2 notes issued by Zohar CDO 2003-1, Limited (&#8220;Zohar I&#8221;) and satisfying the Zohar II Claim in 2017, </font><font style='font-family:Times New Roman;font-size:10pt;' >entitles MBIA Corp. to reimbursement of such amounts plus interest and expenses and/or to exercise certain rights and remedies to seek recovery of </font><font style='font-family:Times New Roman;font-size:10pt;' >such amounts. However, t</font><font style='font-family:Times New Roman;font-size:10pt;' >here can be no assurance that the value of the Zohar assets will be sufficient to permit MBIA Corp. to recover all or substantially all of the payments it made on Zohar I and Zohar II.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The amount and timing of projected collections from excess spread </font><font style='font-family:Times New Roman;font-size:10pt;' >and subsequent recoveries </font><font style='font-family:Times New Roman;font-size:10pt;' >from residential mortgage-backed securities (&#8220;RMBS&#8221;) and the put-back recoverable from Credit Suisse are uncer</font><font style='font-family:Times New Roman;font-size:10pt;' >tain. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for </font><font style='font-family:Times New Roman;font-size:10pt;' >additional </font><font style='font-family:Times New Roman;font-size:10pt;' >information about MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ecoveries. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Corporate Liquidity </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Based on the Company&#8217;s projections of National&#8217;s dividends, </font><font style='font-family:Times New Roman;font-size:10pt;' >additional anticipated releases under its tax sharing agreement and related tax escrow account (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Tax Escrow Account</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, and other ca</font><font style='font-family:Times New Roman;font-size:10pt;' >sh inflows, the Company expects that MBIA Inc. will have sufficient cash to satisfy its debt service and general corporate needs. However, MBIA Inc. continues to have liquidity risk which could be triggered by deterioration in the performance of invested a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssets, interruption of or reduction in dividends or tax payments received from operating subsidiaries, impaired access to the capital markets, as well as other factors which </font><font style='font-family:Times New Roman;font-size:10pt;' >are not </font><font style='font-family:Times New Roman;font-size:10pt;' >anticipated at this time. Furthermore, failure by MBIA Inc. to settle liab</font><font style='font-family:Times New Roman;font-size:10pt;' >ilities that are also insured by MBIA Corp. could result in claims on MBIA Corp.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NatureOfOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the nature of an entity's business, major products or services, principal markets including location, and the relative importance of its operations in each business and the basis for the determination, including but not limited to, assets, revenues, or earnings. For an entity that has not commenced principal operations, disclosures about the risks and uncertainties related to the activities in which the entity is currently engaged and an understanding of what those activities are being directed toward.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64851502&amp;loc=d3e6003-108592<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2A<br> -URI http://asc.fasb.org/extlink&amp;oid=64851502&amp;loc=SL51803626-108592<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NatureOfOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900848848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SignificantAccountingPoliciesTextBlock', window );">Significant Accounting Policies</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 2: Significant Accounting Policies</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Basis of Presentation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements have been prepared </font><font style='font-family:Times New Roman;font-size:10pt;' >in accordance with accounting principles generally accepted in the United States of America (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. The preparation of financial statements in conformity with </font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and exp</font><font style='font-family:Times New Roman;font-size:10pt;' >enses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain amounts h</font><font style='font-family:Times New Roman;font-size:10pt;' >ave been reclassified in prior years&#8217; financial statements to conform to the current presentation. This includes a change in the presentation of cash paid when withholding shares for tax-withholding purposes in &#8220;Purchases of treasury stock&#8221; on the Company&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s consolidated statement of cash flows as required under Accounting Standards Update (&#8220;ASU&#8221;) 2016-09, &#8220;Compensation-Stock Compensation (Topic 718)&#8221;. The change in presentation effected &#8220;Operating and employee related expenses paid&#8221;, in operating cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' > and &#8220;Purchases of treasury stock&#8221;, in financing cash flows, on the Company&#8217;s consolidated statement of cash flows in prior periods. Such reclassifications did not materially impact on total revenues, expenses, assets, liabilities, shareholders&#8217; equity, op</font><font style='font-family:Times New Roman;font-size:10pt;' >erating cash flows, investing cash flows, or financing cash flows for all periods presented.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Consolidation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company ha</font><font style='font-family:Times New Roman;font-size:10pt;' >s a controlling financial interest. All intercompany balances and transactions have been eliminated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a </font><font style='font-family:Times New Roman;font-size:10pt;' >variable interest entity (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Voting interest entities are entities in which (i)&#160;the total equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&#160;the equity holders have the obligation to absorb los</font><font style='font-family:Times New Roman;font-size:10pt;' >ses, the right to receive residual returns and the right to make decisions about the entity&#8217;s activities. Voting interest entities are consolidated when the Company has a majority voting interest.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs are entities that lack one or more of the characterist</font><font style='font-family:Times New Roman;font-size:10pt;' >ics of a voting interest entity. The consolidation of a VIE is required if an entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest</font><font style='font-family:Times New Roman;font-size:10pt;' > or interests give it a controlling financial interest in the VIE. A controlling financial interest is present when an enterprise has both (a)&#160;the power to direct the activities of a VIE that most significantly impact the entity&#8217;s economic performance and </font><font style='font-family:Times New Roman;font-size:10pt;' >(b)&#160;the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company consolidates all VIEs in which it is the primary beneficiary. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to apply the fair value option to all financial assets and </font><font style='font-family:Times New Roman;font-size:10pt;' >financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities of certain consolidated VIEs on a VIE-by-VIE basis.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 4: Variable Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for addit</font><font style='font-family:Times New Roman;font-size:10pt;' >ional information.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Investments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company classifies its investments as </font><font style='font-family:Times New Roman;font-size:10pt;' >available-for-sale (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >AFS&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, held-to-maturity</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;HTM&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, or trading. A</font><font style='font-family:Times New Roman;font-size:10pt;' >FS</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net o</font><font style='font-family:Times New Roman;font-size:10pt;' >f applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;AOCI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >in shareholders&#8217; equity. Investments </font><font style='font-family:Times New Roman;font-size:10pt;' >carried at fair value are reported in the consolidated balance sheets </font><font style='font-family:Times New Roman;font-size:10pt;' >at fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in fair value and r</font><font style='font-family:Times New Roman;font-size:10pt;' >ealized gains and losses from the sale of these securities are reflected in earnings as part of &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; Investments carried at fair value consist of certain investments elected under</font><font style='font-family:Times New Roman;font-size:10pt;' > the fair value option</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Short-term investments held as AFS include all fixed-maturity securities with a remaining maturity of less than one year at </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >date of purchase, commercial paper and money market securities. HT</font><font style='font-family:Times New Roman;font-size:10pt;' >M investments are reported in the consolidated balance sheets at amortized cost.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >ebt securities </font><font style='font-family:Times New Roman;font-size:10pt;' >are classified as HTM investments when </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company has the ability and intent to hold such investments to maturity.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Investment income is recorded as earned.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Bo</font><font style='font-family:Times New Roman;font-size:10pt;' >nd discounts and premiums are amortized using the effective yield method over the remaining term of the securities</font><font style='font-family:Times New Roman;font-size:10pt;' > and reported in &#8220;Net investment income.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > For </font><font style='font-family:Times New Roman;font-size:10pt;' >mortgage-backed securities (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >asset-backed securities (&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >BS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;),</font><font style='font-family:Times New Roman;font-size:10pt;' > discounts and premiums are </font><font style='font-family:Times New Roman;font-size:10pt;' >amortized using the </font><font style='font-family:Times New Roman;font-size:10pt;' >retrospective </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >. Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments on Investment</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s consolidated sta</font><font style='font-family:Times New Roman;font-size:10pt;' >tements of operations reflect the full impairment (the difference between a security&#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery o</font><font style='font-family:Times New Roman;font-size:10pt;' >f the amortized cost basis. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss component of the impairme</font><font style='font-family:Times New Roman;font-size:10pt;' >nt is recognized in earnings. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, the remaining fair value loss is recognized in </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of applicable deferred income taxes.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > securities for which the fair value is less than amortized cost are reviewed no less t</font><font style='font-family:Times New Roman;font-size:10pt;' >han quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, includi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng but not limited to (a)&#160;the magnitude and duration of the decline, (b)&#160;credit indicators and&#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in credit spreads, and t</font><font style='font-family:Times New Roman;font-size:10pt;' >he financial condition of the issuer, and (c)&#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for </font><font style='font-family:Times New Roman;font-size:10pt;' >ABS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >collateralized debt obligations (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > are assessed using disc</font><font style='font-family:Times New Roman;font-size:10pt;' >ounted cash flow modeling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Cash</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Cash Equivalents </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Cash and cash equivalents include cash on hand</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >demand deposits</font><font style='font-family:Times New Roman;font-size:10pt;' >, and depos</font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >with banks with original maturities of less than </font><font style='font-family:Times New Roman;font-size:10pt;' >three months</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Acquisition Costs</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company capitalizes and defers </font><font style='font-family:Times New Roman;font-size:10pt;' >acquisition costs </font><font style='font-family:Times New Roman;font-size:10pt;' >that are directly related to the successful acquisition of new or renewal insurance business. A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs are costs t</font><font style='font-family:Times New Roman;font-size:10pt;' >o acquire an insurance contract which result directly from and are essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs include compensation of employe</font><font style='font-family:Times New Roman;font-size:10pt;' >es involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs also include ceding commissions paid by the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > in connection with assuming business from other financial guarantors. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related</font><font style='font-family:Times New Roman;font-size:10pt;' > premiums are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;line-height:12pt;' ></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Derivatives</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >erivative instruments are reported at fair value on the consolidated balance sheets as either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >statements of operations as &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; or &#8220;Unrealized gains (losses) on insured derivatives&#8221; depending on the nature of the derivative.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The net change in the fair value of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >insured derivatives has two primary components: (i) realized gains (losses) and other settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &#8220;Realized gains (losses) and other settlements on insured derivatives&#8221; inclu</font><font style='font-family:Times New Roman;font-size:10pt;' >de (i) premiums received and receivable on sold CDS contracts, (ii) premiums paid and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterpar</font><font style='font-family:Times New Roman;font-size:10pt;' >ties due to the occurrence of a credit event or settlement agreement, (v) losses recovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. &#8220;Unrealized gains</font><font style='font-family:Times New Roman;font-size:10pt;' > (losses) on insured derivatives&#8221; includes all other changes in fair value of the insured derivative contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host contract an</font><font style='font-family:Times New Roman;font-size:10pt;' >d accounted for as derivative instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >. In addition, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to record at fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a</font><font style='font-family:Times New Roman;font-size:10pt;' > derivative instrument. These hybrid financial instruments included certain medium-term notes (&#8220;MTNs&#8221;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of </font><font style='font-family:Times New Roman;font-size:10pt;' >bifurcating the embedded derivat</font><font style='font-family:Times New Roman;font-size:10pt;' >ives.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion of the Company&#8217;s use of derivatives and their impact on the Company&#8217;s consolidated financial statements and &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for derivative valuation techniques and fair value disclosures.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > Measurements&#8212;Definition and Hierarchy</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company carries certain financial instruments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market part</font><font style='font-family:Times New Roman;font-size:10pt;' >icipants at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data is obtained from a variety of third-party sources, incl</font><font style='font-family:Times New Roman;font-size:10pt;' >uding dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for similar instruments or pricing models that use market data inputs. The u</font><font style='font-family:Times New Roman;font-size:10pt;' >se of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially different fair values. The Company considers its own nonperforma</font><font style='font-family:Times New Roman;font-size:10pt;' >nce risk and the nonperformance risk of its counterparties when measuring fair value.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The accounting guidance </font><font style='font-family:Times New Roman;font-size:10pt;' >establishes a </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >hierarchy that categorizes into three levels, the </font><font style='font-family:Times New Roman;font-size:10pt;' >inputs used </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >measur</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value that maximizes the use of observable </font><font style='font-family:Times New Roman;font-size:10pt;' >inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing the asset or liability base</font><font style='font-family:Times New Roman;font-size:10pt;' >d on </font><font style='font-family:Times New Roman;font-size:10pt;' >available </font><font style='font-family:Times New Roman;font-size:10pt;' >market data. Unobservable inputs are those that reflect the Company&#8217;s beliefs about the assumptions market participants would use in pricing the asset or liability based on the best information available. The </font><font style='font-family:Times New Roman;font-size:10pt;' >three levels of the fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >ierarchy </font><font style='font-family:Times New Roman;font-size:10pt;' >are defined as </font><font style='font-family:Times New Roman;font-size:10pt;' >follows:</font></p><ul style='margin-top:0pt;' ><li style='list-style:disc;text-align:left;margin-top:9pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 1&#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market</font><font style='font-family:Times New Roman;font-size:10pt;' >, with significant trading volumes. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 2&#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that </font><font style='font-family:Times New Roman;font-size:10pt;' >are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived prin</font><font style='font-family:Times New Roman;font-size:10pt;' >cipally from or corroborated by observable market data. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 3&#8212;Valuations based on inputs that are unobservable or supported by little or no market activity, and that are significant to the overall fair value measurement. Level 3 assets and liabilities i</font><font style='font-family:Times New Roman;font-size:10pt;' >nclude financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires sign</font><font style='font-family:Times New Roman;font-size:10pt;' >ificant management judgment or estimation. </font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The availability of observable inputs can vary from financial instrument to financial instrument and period to period depending on the type of instrument, market activity, the approach used to measure fair value,</font><font style='font-family:Times New Roman;font-size:10pt;' > and other factors. The Company categorizes a financial instrument within the fair value hierarchy based on the least observable input that is significant to the fair value measurement. When the inputs used to measure fair value of an asset or a liability </font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' >are categorized within </font><font style='font-family:Times New Roman;font-size:10pt;' >different levels based on the definition of the fair value hierarchy,</font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' > the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire</font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' > measurement.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional fair value disclosures.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Loss and Loss Adjustment Expenses</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company recognizes loss reserves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A </font><font style='font-family:Times New Roman;font-size:10pt;' >loss re</font><font style='font-family:Times New Roman;font-size:10pt;' >serve </font><font style='font-family:Times New Roman;font-size:10pt;' >is subsequently remeasured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >are recognized as </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense in th</font><font style='font-family:Times New Roman;font-size:10pt;' >e period of change. Measurement and recognition of </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on informat</font><font style='font-family:Times New Roman;font-size:10pt;' >ion available as of the measurement date, including market information. Accretion of the discount on a </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is included in </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows prese</font><font style='font-family:Times New Roman;font-size:10pt;' >nt valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &#8220;Insurance loss recoverable&#8221; on the Company&#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >previous to a claim payment, such recoveries are reclassified to &#8220;Insurance loss recoverable&#8221; upon payment of the related claim and remeasured each reporting period.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance loss recoverable, and accruals for </font><font style='font-family:Times New Roman;font-size:10pt;' >loss adjustment </font><font style='font-family:Times New Roman;font-size:10pt;' >expense (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >LAE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > incurred are disclosed in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Long-term Debt</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Long-term debt is carried at the principal amount outstanding plus accrued interest and net of unamortized debt issuance costs and discounts. </font><font style='font-family:Times New Roman;font-size:10pt;' >Interest expense is accrued at the contrac</font><font style='font-family:Times New Roman;font-size:10pt;' >tual interest rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >Debt issuance costs and d</font><font style='font-family:Times New Roman;font-size:10pt;' >iscounts are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Medium-Term Notes and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Investment Agreements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MTNs and i</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestment agreements are carried at </font><font style='font-family:Times New Roman;font-size:10pt;' >the principal amount outstanding plus accrued interest and net o</font><font style='font-family:Times New Roman;font-size:10pt;' >f unamortized discounts or at fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' > for certain MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest expense is accrued at the contractual interest rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >iscounts are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Financial Guarantee Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Unearned Premium Revenue and Receivabl</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e for Future Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contrac</font><font style='font-family:Times New Roman;font-size:10pt;' >t is measured at the present value of the premium due. For most financial guarantee insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certa</font><font style='font-family:Times New Roman;font-size:10pt;' >in other financial guarantee contracts, the Company receives premiums in installments over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at t</font><font style='font-family:Times New Roman;font-size:10pt;' >he present value of premiums expected to be collected over the contract period or expected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums</font><font style='font-family:Times New Roman;font-size:10pt;' > for contracts where (a)&#160;the insured obligation is contractually prepayable, (b)&#160;prepayments are probable, (c)&#160;the amount and timing of prepayments are reasonably estimable, and (d)&#160;a homogenous pool of assets is the underlying collateral for the insured o</font><font style='font-family:Times New Roman;font-size:10pt;' >bligation. The Company has determined that substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Comp</font><font style='font-family:Times New Roman;font-size:10pt;' >any reports the accretion of the discount on installment premiums receivable as premium revenue and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adj</font><font style='font-family:Times New Roman;font-size:10pt;' >usts the receivable for uncollectible amounts and recognizes any write-off as operating expense, and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Premium Revenue</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstandi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng in a given period to recognize a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of</font><font style='font-family:Times New Roman;font-size:10pt;' > (a)&#160;the present value of premium received or expected to be received over the period of the contract to (b)&#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >An issuer of an insured financial obligation</font><font style='font-family:Times New Roman;font-size:10pt;' > may retire the obligation prior to its scheduled maturity through refinancing or legal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&#8217;s obligation being extinguished under the financial guarantee cont</font><font style='font-family:Times New Roman;font-size:10pt;' >ract. The Company recognizes any remaining unearned premium revenue on the insured obligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Non-refundable commitment f</font><font style='font-family:Times New Roman;font-size:10pt;' >ees are considered insurance premiums and are initially recorded under unearned premium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium</font><font style='font-family:Times New Roman;font-size:10pt;' > written and earned using the constant rate method. If the commitment agreement expires before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fee and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Reimbursement Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company collects insurance related fees for services performed in connection with certain transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >Depending upon the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and conse</font><font style='font-family:Times New Roman;font-size:10pt;' >nt, </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >termination fees are earned when the related services are completed and the fee is received. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Stock-Based Compensation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provid</font><font style='font-family:Times New Roman;font-size:10pt;' >ed. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion regarding the methodology utilized in recognizing employee stock compensation expense.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Foreign Currency Translation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial statement assets and liabilities denominated in foreign currencies are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported </font><font style='font-family:Times New Roman;font-size:10pt;' >in U.S. dollars generally using rates of exchange prevailing </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >the balance sheet date</font><font style='font-family:Times New Roman;font-size:10pt;' > and any related translation adjustments </font><font style='font-family:Times New Roman;font-size:10pt;' >resulting from </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >translation of the financial statements of </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > non-U.S. operation</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >from its functional currency i</font><font style='font-family:Times New Roman;font-size:10pt;' >nto U.S. dollars </font><font style='font-family:Times New Roman;font-size:10pt;' >are included in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > in shareholders&#8217; equity. Operating results </font><font style='font-family:Times New Roman;font-size:10pt;' >of the Company&#8217;s non-U.S. operations </font><font style='font-family:Times New Roman;font-size:10pt;' >are translated at average rates of exchange prevailing during the year. Foreign currency remeas</font><font style='font-family:Times New Roman;font-size:10pt;' >urement gains and losses resulting from transactions in non-functional currencies are recorded in earnings.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company derecognizes the cumulative translation adjustment reported in &#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; and includes the amount a</font><font style='font-family:Times New Roman;font-size:10pt;' >s part of the gain or loss on the sale or liquidation of its investment in a foreign entity in the period in which the sale or liquidation occurs.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Income Taxes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Deferred income taxes are recorded with respect to loss carryforwards and temporary differences </font><font style='font-family:Times New Roman;font-size:10pt;' >between the tax bases of assets and liabilities and the reported amounts in the Company&#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. S</font><font style='font-family:Times New Roman;font-size:10pt;' >uch temporary differences relate principally to net operating losses, accrued surplus note interest, loss reserve deductions, premium revenue recognition, deferred acquisition costs, asset impairments net foreign tax credits. Valuation allowances are estab</font><font style='font-family:Times New Roman;font-size:10pt;' >lished to reduce deferred tax assets to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant auth</font><font style='font-family:Times New Roman;font-size:10pt;' >ority.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118 (&#8220;SAB 118&#8221;) to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available in reas</font><font style='font-family:Times New Roman;font-size:10pt;' >onable detail to complete the accounting for certain income tax effects of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Tax Cuts and Jobs Act (the &#8220;Act&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160;Pursuant to the guidance within SAB 118, the Company&#8217;s remeasurement of its deferred taxes included certain provisional effects associated wit</font><font style='font-family:Times New Roman;font-size:10pt;' >h enactment of the Act for which measurement could be reasonably estimated. SAB 118&#160;provides a measurement period that should not extend beyond one year from the Act enactment date for&#160;companies to complete the accounting under Accounting Standards Codific</font><font style='font-family:Times New Roman;font-size:10pt;' >ation (&#8220;ASC&#8221;) 740.&#160;If a company cannot determine&#160;a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of&#160;the provisions of the tax laws that were in effect immediately before the enactment of t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Act.&#160;Additional information that may affect the provisional amounts would include completion of the Company&#8217;s 2017 tax return filing, and potential future guidance from the Internal Revenue Service.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc. and its eligible U.S. subsidiaries file a co</font><font style='font-family:Times New Roman;font-size:10pt;' >nsolidated federal income tax return. The U.S. income taxes are allocated based on the provisions of the&#160;Company&#8217;s tax sharing agreement which governs the intercompany settlement of tax obligations and benefits. The method of allocation between the members</font><font style='font-family:Times New Roman;font-size:10pt;' > is generally based upon calculations as if each member filed a separate tax return on its own.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Under the Company&#8217;s tax sharing agreement, each member with a net operating loss (&#8220;NOL&#8221;) will receive the benefits of its tax losses and credits as it is able t</font><font style='font-family:Times New Roman;font-size:10pt;' >o earn them out in the future. </font><font style='font-family:Times New Roman;font-size:10pt;' >G</font><font style='font-family:Times New Roman;font-size:10pt;' >iven </font><font style='font-family:Times New Roman;font-size:10pt;' >present facts and circumstances</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company no longer anticipates providing compensation to any member for expiring NOLs, capital losses or tax credit carryforwards.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In establishing a</font><font style='font-family:Times New Roman;font-size:10pt;' > liability for an unrecognized tax benefit (&#8220;UTB&#8221;), assumptions may be made in determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to</font><font style='font-family:Times New Roman;font-size:10pt;' > be realized. A tax position is recognized only when, based on management&#8217;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is </font><font style='font-family:Times New Roman;font-size:10pt;' >based on the Company&#8217;s assessment of the largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled throu</font><font style='font-family:Times New Roman;font-size:10pt;' >gh negotiation with the taxing authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the</font><font style='font-family:Times New Roman;font-size:10pt;' > amount previously recognized</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company recognizes an adjustment of the UTB.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 11: Income Taxes</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional information about the Company&#8217;s income taxes.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SignificantAccountingPoliciesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for all significant accounting policies of the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18861-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18726-107790<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18743-107790<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18854-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SignificantAccountingPoliciesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6899534912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Recent Accounting Pronouncements<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock', window );">Recent Accounting Pronouncements</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 3: Recent Accounting Pronouncements</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recently Adopted Accounting Standards </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has not adopted any new accounting pronouncements that had a material impact on its consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recent </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Accounting Developments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Revenue from Contracts with Customers </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(Topic 606) (ASU 2014-09)</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferral of the Effective Date</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 201</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >5</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >14</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2014, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued ASU 2014-09, &#8220;Revenue from Contracts with Customers (Topic 606).&#8221; ASU 2014-09 amends the accounting guidance</font><font style='font-family:Times New Roman;font-size:10pt;' > for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 does not apply to financial guarantee insurance contracts within the scope o</font><font style='font-family:Times New Roman;font-size:10pt;' >f Topic 944, &#8220;Financial Services </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8212; </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09 applies to certain fees and reimbursements, and is not expected to materially impact revenue recogni</font><font style='font-family:Times New Roman;font-size:10pt;' >tion</font><font style='font-family:Times New Roman;font-size:10pt;' > of these fees and reimbursements.</font><font style='font-family:Times New Roman;font-size:10pt;' > In August of 2015, the FASB issued ASU 2015-14, &#8220;Revenue f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom Contracts with Customers (Topic 606)</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212; Deferral of the Effective Date.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; ASU 2015-14 defers the effective date of ASU 2014-09 to interim and annual periods beginning January 1, 2018, and is applied on a retrospective or modified retrospective basis. The</font><font style='font-family:Times New Roman;font-size:10pt;' > adoption of ASU 2014-09 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In Janua</font><font style='font-family:Times New Roman;font-size:10pt;' >ry of 2016, the FASB issued ASU 2016-01, &#8220;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.&#8221; ASU 2016-01 requires certain equity investments other than those accounted for under the </font><font style='font-family:Times New Roman;font-size:10pt;' >equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do not have readily determinable fair values a</font><font style='font-family:Times New Roman;font-size:10pt;' >t cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities in combination with the entity&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > other deferred tax assets. ASU 2016-01 requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability that results from a change in the instrument-specific credit risk for financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for interim and annual periods beginning January 1, 2018, and is applied on a modified retrospecti</font><font style='font-family:Times New Roman;font-size:10pt;' >ve basis. Early adoption is not permitted with the exception of early application of the guidance that requires separate presentation in other comprehensive income of the change in the instrument-specific credit risk for financial liabilities measured at f</font><font style='font-family:Times New Roman;font-size:10pt;' >air value in accordance with the fair value option</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Based on the fair values as of December 31, 2017 of financial liabilities measured at fair value in accordance with the fair value option, the cumulative-effect adjustment, net of tax, related to the ins</font><font style='font-family:Times New Roman;font-size:10pt;' >trument-specific credit risk portion of such financial liabilities </font><font style='font-family:Times New Roman;font-size:10pt;' >was a loss of </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >162</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, which represents the amount that would have been reclassed from retained earnings to AOCI had the Company adopted ASU 2016-01 on December 31, 2017.</font><font style='font-family:Times New Roman;font-size:10pt;' > Based on fair values as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > of equity investments, the cumulative-effect adjustment, net of tax, related to net unrealized gains of such investments was </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, which represents the amount that would have been reclass</font><font style='font-family:Times New Roman;font-size:10pt;' >ed from AOCI to retained earnings had the Company adopted ASU 2016-01 on </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had a full valuation allowance against its deferred tax asset. Refer to &#8220;Note 11</font><font style='font-family:Times New Roman;font-size:10pt;' >: Income Taxes&#8221; for further information a</font><font style='font-family:Times New Roman;font-size:10pt;' >bout this valuation allowance on the Company&#8217;s deferred tax asset. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company plans to adopt ASU 2016-01 in its entirety in the first quarter of 2018.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Leases (Topic 842) (ASU 2016-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2016, the FASB issued ASU 2016-02, &#8220;Leases (Topic 842)&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > that amends the accounting guidance for leasing transactions. ASU 2016-02 requires a lessee to classify lease contracts as finance or operating leases, and to recognize assets and liabilities for the rights and obligations created by leasing transactions</font><font style='font-family:Times New Roman;font-size:10pt;' > with lease terms more than twelve months. ASU 2016-02 substantially retains the criteria for classifying leasing transactions as finance or operating leases. For finance leases, a lessee recognizes a right-of-use asset and a lease liability initially meas</font><font style='font-family:Times New Roman;font-size:10pt;' >ured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from the amortization of the right-of-use asset. For operating leases, a lessee recognizes a right-of-use asset and a lease liability initial</font><font style='font-family:Times New Roman;font-size:10pt;' >ly measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU 2016-02 is effective for interim and annual periods beginning January 1, 2019 with early adoption permitted, and is applied on a modified ret</font><font style='font-family:Times New Roman;font-size:10pt;' >rospective basis. The adoption of ASU 2016-02 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June</font><font style='font-family:Times New Roman;font-size:10pt;' > of 2016, the FASB issued ASU 2016-13, &#8220;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.&#8221; ASU 2016-13 requires financing receivables and other financial assets measured at amortized cost to be presente</font><font style='font-family:Times New Roman;font-size:10pt;' >d at the net amount expected to be collected by recording an allowance for credit losses with changes in the allowance recorded as credit loss expense or reversal of credit loss expense based on management&#8217;s current estimate of expected credit losses </font><font style='font-family:Times New Roman;font-size:10pt;' >each </font><font style='font-family:Times New Roman;font-size:10pt;' >period. ASU 2016-13 does not apply to credit losses on financial guarantee insurance contracts within the scope of Topic 944, &#8220;Financial Services-Insurance.&#8221; ASU 2016-13 also requires impairment relating to credit losses on </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities to be presen</font><font style='font-family:Times New Roman;font-size:10pt;' >ted through an allowance for credit losses with changes in the allowance recorded in the period of the change as credit loss expense or reversal of credit loss expense. Any impairment amount not recorded through an allowance for credit losses on </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt s</font><font style='font-family:Times New Roman;font-size:10pt;' >ecurities is recorded through other comprehensive income. ASU 2016-13 is effective for interim and annual periods beginning January 1, 2020 with early adoption permitted beginning January 1, 2019. ASU 2016-13 is applied on a modified retrospective basis ex</font><font style='font-family:Times New Roman;font-size:10pt;' >cept that prospective application is applied to </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities with other-than-temporary impairments </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;OTTI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >recognized before the date of adoption. The Company is evaluating the impact of adopting ASU 2016-13.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Income Statement &#8211; Reporting </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2018, the FASB issued ASU 2018-02, &#8220;Income Statement &#8211; Reporting Comprehensive Income (Topic 220): Reclassifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cation of Certain Tax Effects from Accumulated Other Comprehensive Income.&#8221; ASU 2018-02 permits, but does not require, the reclassification of the income tax effects of the Tax Cuts and Jobs Act (the &#8220;Act&#8221;) from accumulated other comprehensive income (&#8220;AOC</font><font style='font-family:Times New Roman;font-size:10pt;' >I&#8221;) to retained earnings. The election to reclassify the income tax effects from the Act applies to all items within AOCI. ASU 2018-02 is effective for interim and annual periods beginning after December 15, 2018. Early adoption of ASU 2018-02 is permitted</font><font style='font-family:Times New Roman;font-size:10pt;' > and is applied in the period of adoption or retroactively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Act is recognized. The Company is evaluating the impact of adopting ASU 2018-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Change in Accounting Principle<br> -URI http://asc.fasb.org/extlink&amp;oid=6507316<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Direct Effects of a Change in Accounting Principle<br> -URI http://asc.fasb.org/extlink&amp;oid=66092750<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22583-107794<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Indirect Effects of a Change in Accounting Principle<br> -URI http://asc.fasb.org/extlink&amp;oid=6515603<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22580-107794<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.10-01.(b)(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=27015980&amp;loc=d3e46468-122699<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Accounting Change<br> -URI http://asc.fasb.org/extlink&amp;oid=6503790<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64853466&amp;loc=d3e22499-107794<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Retrospective Application<br> -URI http://asc.fasb.org/extlink&amp;oid=6523989<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=68064558&amp;loc=d3e765-108305<br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=68064558&amp;loc=d3e725-108305<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900733680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Variable Interest Entities<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock', window );">Variable Interest Entities</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 4: Variable Interest Entities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Through MBIA&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >international and structured finance insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >segment, the Company provides credit protection to issuers of obligations that may involve issuer-sponsored special purpose entities (&#8220;SPEs&#8221;). An SPE may be considered a </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to the extent the SPE&#8217;s total equity at risk is not sufficient to permit the SPE to finance its activities without additional subordinated financial support or its equity investors lack any one of the following characteristics</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i) </font><font style='font-family:Times New Roman;font-size:10pt;' >the power to direct the activities of the SPE that most significantly impact the entity&#8217;s economic performance or (ii) the obligation to absorb the expected losses of the entity or the right to receive the expected residual returns of the entity. A holder </font><font style='font-family:Times New Roman;font-size:10pt;' >of a variable interest or interests in a VIE is required to assess whether it has a controlling financial interest, and thus is required to consolidate the entity as primary beneficiary. An assessment of a controlling financial interest identifies the prim</font><font style='font-family:Times New Roman;font-size:10pt;' >ary beneficiary as the variable interest holder that has both of the following characteristics</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i) the power to direct the activities of the VIE that most significantly impact the entity&#8217;s economic performance and (ii) the obligation to absorb losses of t</font><font style='font-family:Times New Roman;font-size:10pt;' >he entity or the right to receive benefits from the entity that could potentially be significant to the VIE. The primary beneficiary is required to consolidate the VIE. An ongoing reassessment of controlling financial interest is required to be performed b</font><font style='font-family:Times New Roman;font-size:10pt;' >ased on any substantive changes in facts and circumstances involving the VIE and its variable interests.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company evaluates issuer-sponsored SPEs initially to determine if an entity is a VIE, and is required to reconsider its initial determination if ce</font><font style='font-family:Times New Roman;font-size:10pt;' >rtain events occur. For all entities determined to be VIEs, MBIA performs an ongoing reassessment to determine whether its guarantee to provide credit protection on obligations issued by VIEs provides the Company with a controlling financial interest. Base</font><font style='font-family:Times New Roman;font-size:10pt;' >d on its ongoing reassessment of controlling financial interest, the Company determines whether a VIE is required to be consolidated or deconsolidated.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company makes its determination for consolidation based on a qualitative assessment of the purpose a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd design of a VIE, the terms and characteristics of variable interests of an entity, and the risks a VIE is designed to create and pass through to holders of variable interests. The Company generally provides credit protection on obligations issued by VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s, and holds certain contractual rights according to the purpose and design of a VIE. The Company may have the ability to direct certain activities of a VIE depending on facts and circumstances, including the occurrence of certain contingent events, and th</font><font style='font-family:Times New Roman;font-size:10pt;' >ese activities may be considered the activities of a VIE that most significantly impact the entity&#8217;s economic performance. The Company generally considers its guarantee of principal and interest payments of insured obligations, given nonperformance by a VI</font><font style='font-family:Times New Roman;font-size:10pt;' >E, to be an obligation to absorb losses of the entity that could potentially be significant to the VIE. At the time the Company determines it has the ability to direct the activities of a VIE that most significantly impact the economic performance of the e</font><font style='font-family:Times New Roman;font-size:10pt;' >ntity based on facts and circumstances, MBIA is deemed to have a controlling financial interest in the VIE and is required to consolidate the entity as primary beneficiary. The Company performs an ongoing reassessment of controlling financial interest that</font><font style='font-family:Times New Roman;font-size:10pt;' > may result in consolidation or deconsolidation of any VIE.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >N</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >l</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >V</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Es</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >oli</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >whi</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ho</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >iab</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, through its insurance operations.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lowi</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >so </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olid</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and carrying </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >lu</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >liab</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >agg</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eg</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g c</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >na</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gua</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >CD</font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >liga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >by non</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >Es.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:366.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:366.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,295</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,741</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >172</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >396</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >216</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >94</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,010</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >981</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,418</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,645</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,939</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,461</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >173</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >37</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15,568</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,524</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >30,507</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8,985</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >49</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >173</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:367.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:367.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,167</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,914</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >73</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,146</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,796</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >304</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >325</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >257</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >145</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,893</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,331</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,625</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,205</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20,088</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10,391</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >55</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >44,306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12,051</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >64,394</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22,442</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >66</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >70</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:17.45pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets. Excludes $125 million that is included within &#8220;Assets held for sale&#8221; on the Company&#8217;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:15.6pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets. Excludes $134 million that is included within &#8220;Liabilities held for sale&#8221; on the Company&#8217;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he maximum exposure to loss as a result of MBIA&#8217;s variable interests in VIEs is represented by insurance in force. Insurance in force is the maximum future payments of princip</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >te</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >est</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >whic</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > ma</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >be r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >qu</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >und</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >mmitment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > ma</font><font style='font-family:Times New Roman;font-size:10pt;' >ke p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >me</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ur</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >atio</font><font style='font-family:Times New Roman;font-size:10pt;' >ns</font><font style='font-family:Times New Roman;font-size:10pt;' > iss</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >by</font><font style='font-family:Times New Roman;font-size:10pt;' > n</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >co</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >ate</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > V</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Consolidated VIEs</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying amounts of assets and liabilities of </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated VIEs were </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >3.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.3</font><font style='font-family:Times New Roman;font-size:10pt;' > billion</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, and $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.7</font><font style='font-family:Times New Roman;font-size:10pt;' > billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, respectively, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. The carrying amounts of assets and liabilities are presented separately in &#8220;Assets of consolidated variable interest entities&#8221; and &#8220;Liabilities of consolidated variable interest entiti</font><font style='font-family:Times New Roman;font-size:10pt;' >es&#8221; on the Company&#8217;s consolidated balance sheets. </font><font style='font-family:Times New Roman;font-size:10pt;' >VIEs are consolidated or de</font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated based on an ongoing reassessment of controlling financial interest, when events occur or circumstances arise, and whether the ability to exercise </font><font style='font-family:Times New Roman;font-size:10pt;' >rights that constitu</font><font style='font-family:Times New Roman;font-size:10pt;' >te power to direct activities of any VIEs are present according to the design and characteristics of these entities. </font><font style='font-family:Times New Roman;font-size:10pt;' >Two additional</font><font style='font-family:Times New Roman;font-size:10pt;' > VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > w</font><font style='font-family:Times New Roman;font-size:10pt;' >ere</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated during the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >one</font><font style='font-family:Times New Roman;font-size:10pt;' > additional VIE w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > consolidated during the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Holders of insured obligations of issuer-sponsored VIEs related to the Company&#8217;s international and structured finance insurance segment do not have recourse to the general assets of MBIA. In the event of nonpayment of an </font><font style='font-family:Times New Roman;font-size:10pt;' >insured obligation issued by a consolidated VIE, the Company is obligated to pay principal and interest, when due, on the respective insured obligation only. The Company&#8217;s exposure to consolidated VIEs</font><font style='font-family:Times New Roman;font-size:10pt;' > is limited to the credit protection provided on insure</font><font style='font-family:Times New Roman;font-size:10pt;' >d obligations and any additional variable interests held by MBIA.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfVariableInterestEntitiesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5747-111685<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=SL6228884-111685<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5728-111685<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Variable Interest Entity<br> -URI http://asc.fasb.org/extlink&amp;oid=6528138<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5A<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=SL6759159-111685<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5710-111685<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfVariableInterestEntitiesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6899534912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance Premiums<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock', window );">Insurance Premiums</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 5: Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premiums related to financial guarantee (non-derivative) insurance and reinsurance contracts in accordance with the accounting principles for financial guarantee insurance contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, premiums receivable</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >369</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >409</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion, respectively, primarily related to installment policies for which premiums will be collected over the e</font><font style='font-family:Times New Roman;font-size:10pt;' >stimated term of the contracts. </font><font style='font-family:Times New Roman;font-size:10pt;' >Premiums re</font><font style='font-family:Times New Roman;font-size:10pt;' >ceivable for an installment policy is initially measured at the present value of premiums expected to be collected over the expected period or contract period of the policy using a risk-free discount rate. Premiums receivable for policies that use the expe</font><font style='font-family:Times New Roman;font-size:10pt;' >cted period of risk due to expected prepayments are adjusted in subsequent measurement periods when prepayment assumptions change using the risk-free discount rate as of the remeasurement date</font><font style='font-family:Times New Roman;font-size:10pt;' >. Premiums receivable also includes the current amount of premiu</font><font style='font-family:Times New Roman;font-size:10pt;' >ms due from installment policies insuring consolidated VIEs when the premiums are payable by third-parties on behalf of the consolidated VIEs.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company evaluates whether any premiums receivable are uncollectible at each balance sheet date. If the Compan</font><font style='font-family:Times New Roman;font-size:10pt;' >y determines that premiums are uncollectible, it records a write-off of such amounts in current earnings. The majority of the Company&#8217;s premiums receivable consist</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > of the present values of future installment premiums that are not yet billed or due</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > primar</font><font style='font-family:Times New Roman;font-size:10pt;' >ily from structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >Given that premiums due to MBIA typically have priority over most other payment obligations of structured finance transactions, the Company determined that the amount of uncollectible premiums as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > was insignificant</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the risk-</font><font style='font-family:Times New Roman;font-size:10pt;' >free rate used to discount future installment premiums was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.8</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' >, and the weighted average expected collec</font><font style='font-family:Times New Roman;font-size:10pt;' >tion term of the premiums receivable was</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >9.45</font><font style='font-family:Times New Roman;font-size:10pt;' > years and </font><font style='font-family:Times New Roman;font-size:10pt;' >10.07</font><font style='font-family:Times New Roman;font-size:10pt;' > years</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, reinsurance premiums payable</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >25</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >26</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively,</font><font style='font-family:Times New Roman;font-size:10pt;' > and is included in &#8220;Other liabilities&#8221; in the Company&#8217;s consolidated balance sheets. In addition, as of December 31, 2016, $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s included in &#8220;Liabilities held for sale&#8221; in the Company&#8217;s consolidated balance sheet. </font><font style='font-family:Times New Roman;font-size:10pt;' >The reinsurance premiums payable is accreted and paid to reinsurers as premiums due to MBIA are accreted and collected.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables present a roll forward of th</font><font style='font-family:Times New Roman;font-size:10pt;' >e Company&#8217;s premiums receivable for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(50)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >369</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Recorded within premiums earned on MBIA&#39;s consolidated statement of operations. </font></td></tr><tr style='height:16.5pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily consists of realized gains due to changes in foreign currency exchange rates.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >792</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(115)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(292)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Recorded within premiums earned on MBIA&#39;s consolidated statement of operations.</font></td></tr><tr style='height:15.75pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily consists of premiums receivable of $267 million reported within &quot;Assets held for sale&quot; on MBIA&#39;s consolidated balance sheet. </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the undiscounted future amount of premiums expected to be collected and the period in which those collections are expected to occur:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collection of</font></td><td style='width:162pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:162pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2020</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2021</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2022</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2027</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >120</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2032</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2037 and thereafter</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >446</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the unearned premium revenue balance and future expected premium earnings as of and for the periods presented</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected Future</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Future</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Earnings</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Upfront</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Installments</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >752</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >707</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >686</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >665</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >587</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >516</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >79</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >452</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >395</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2027</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >195</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >95</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >225</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2032</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2037 and thereafter</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >386</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >366</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >843</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for financial guarantee insurance contracts (as defined) issued by the entity.  Such disclosure is intended to enable users of the financial information to understand the factors affecting the present and future recognition and measurement of the entity's financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900707776">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss and Loss Adjustment Expense Reserves<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock', window );">Loss and Loss Adjustment Expense Reserves</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s insured portfolio management groups within its U.S. public finance insurance and international</font><font style='font-family:Times New Roman;font-size:10pt;' > and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance businesses (collectively, &#8220;IPM&#8221;) monitor </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > outstanding insured obligations with the objective of minimizing losses. IPM meets this objective by identifying issuers that, because of deterioration in credit quality or changes in the economic, regulatory or political environment, are at a heightened </font><font style='font-family:Times New Roman;font-size:10pt;' >risk of defaulting on debt service of obligations insured by </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' >. In such cases, IPM works with the issuer, trustee, bond counsel, servicer, underwriter and other interested parties in an attempt to alleviate or remedy the problem and avoid defaults on de</font><font style='font-family:Times New Roman;font-size:10pt;' >bt service payments. Once an obligation is insured, </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > typically requires the issuer, servicer (if applicable) and the trustee to furnish periodic financial and asset-related information, including audited financial statements, to IPM for review. IPM als</font><font style='font-family:Times New Roman;font-size:10pt;' >o monitors publicly available information related to insured obligations. Potential problems uncovered through this review, such as poor financial results, low fund balances, covenant or trigger violations and trustee or servicer problems, or other events </font><font style='font-family:Times New Roman;font-size:10pt;' >that could have an adverse impact on the insured obligation, could result in an immediate surveillance review and an evaluation of possible remedial actions. IPM also monitors and evaluates the impact on issuers of general economic conditions, current and </font><font style='font-family:Times New Roman;font-size:10pt;' >proposed legislation and regulations,</font><font style='font-family:Times New Roman;font-size:10pt;' > political developments,</font><font style='font-family:Times New Roman;font-size:10pt;' > as well as </font><font style='font-family:Times New Roman;font-size:10pt;' >sovereign, </font><font style='font-family:Times New Roman;font-size:10pt;' >state and municipal finances and budget developments.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The frequency and extent of </font><font style='font-family:Times New Roman;font-size:10pt;' >IPM&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > monitoring is based on the criteria and categories described below. Insured obligati</font><font style='font-family:Times New Roman;font-size:10pt;' >ons that are judged to merit more frequent and extensive monitoring or remediation activities due to a deterioration in the underlying credit quality of the insured obligation or the occurrence of adverse events related to the underlying credit of the issu</font><font style='font-family:Times New Roman;font-size:10pt;' >er are assigned to a surveillance category (&#8220;Caution List&#8212;Low,&#8221; &#8220;Caution List&#8212;Medium,&#8221; &#8220;Caution List&#8212;High&#8221; or &#8220;Classified List&#8221;) depending on the extent of credit deterioration or the nature of the adverse events. IPM monitors insured obligations assigned </font><font style='font-family:Times New Roman;font-size:10pt;' >to a surveillance category more frequently and, if needed, develops a remediation plan to address any credit deterioration.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Re</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wai</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >go</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ena</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >igge</font><font style='font-family:Times New Roman;font-size:10pt;' >rs, </font><font style='font-family:Times New Roman;font-size:10pt;' >wai</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ing</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >s, </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >cc</font><font style='font-family:Times New Roman;font-size:10pt;' >ele</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ban</font><font style='font-family:Times New Roman;font-size:10pt;' >kr</font><font style='font-family:Times New Roman;font-size:10pt;' >up</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >cy</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ei</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' >hip</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ila</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >sk</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >na</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >gi</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >edia</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >rt</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >edia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ks</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ve </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >n c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >me</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >ela</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >obl</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company does not establish any case basis reserves for insured obligations that are assigned to &#8220;Caution List&#8212;Low,&#8221; &#8220;Caution List&#8212;Medium&#8221; or &#8220;Caution List&#8212;High.&#8221; In the event </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > expects to pay a claim with respect to an insured transaction, it places the insured transaction on its &#8220;Classified List&#8221; and establishes a case basis reserve. </font><font style='font-family:Times New Roman;font-size:10pt;' >When there are no remaining expected future claim payments, the insured transaction is removed </font><font style='font-family:Times New Roman;font-size:10pt;' >from the &#8220;Classified List.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >The following provides a description of each surveillance category:</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;Low&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances. However, debt service protection and</font><font style='font-family:Times New Roman;font-size:10pt;' > other measures of credit support and stability may have declined since the transaction was underwritten and the issuer is less able to withstand further adverse events. Transactions in this category generally require more frequent monitoring than transact</font><font style='font-family:Times New Roman;font-size:10pt;' >ions that do not appear within a surveillance category. IPM subjects issuers in this category to heightened scrutiny.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;Medium&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where debt service protection is adequate under current and anticipated circumstances, although ad</font><font style='font-family:Times New Roman;font-size:10pt;' >verse trends have developed and are more pronounced than for &#8220;Caution List &#8211; Low.&#8221; Issuers in this category may have breached one or more covenants or triggers. These issuers are more closely monitored by IPM but generally take remedial action on their own</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Caution List&#8212;High&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes issuers where more proactive remedial action is needed but where no defaults on debt service payments are expected. Issuers in this category exhibit more significant weaknesses, such as low debt service coverage, reduced or </font><font style='font-family:Times New Roman;font-size:10pt;' >insufficient collateral protection or inadequate liquidity, which could lead to debt service defaults in the future. Issuers in this category may have breached one or more covenants or triggers and have not taken conclusive remedial action. Therefore, IPM </font><font style='font-family:Times New Roman;font-size:10pt;' >adopts a remediation plan and takes more proactive remedial actions.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:23pt;' >&#8220;Classified List&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;Includes all insured obligations where </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > has paid a claim or where a claim payment is expected. It also includes insured obligations where a significant LAE payment </font><font style='font-family:Times New Roman;font-size:10pt;' >has been made, or is expected to be made, to mitigate a claim payment. This may include property improvements, bond purchases and commutation payments. Generally, IPM is actively remediating these credits where possible, including restructurings through le</font><font style='font-family:Times New Roman;font-size:10pt;' >gal proceedings, usually with the assistance of specialist counsel and advisors.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In establishing case basis loss reserves, the Company calculates the present value of probability-weighted estimated loss payments, net of estimated recoveries, using a disco</font><font style='font-family:Times New Roman;font-size:10pt;' >unt rate equal to the risk-free rate applicable to the currency and the weighted average remaining life of the insurance contract as required by accounting principles for financial guarantee contracts. Yields on U.S. Treasury offerings are used to discount</font><font style='font-family:Times New Roman;font-size:10pt;' > loss reserves denominated in U.S. dollars, which represent the majority of the loss reserves. Similarly, yields on foreign government offerings are used to discount loss reserves denominated in currencies other than the U.S. dollar. If the Company were to</font><font style='font-family:Times New Roman;font-size:10pt;' > apply different discount rates, its case basis reserves may have been higher or lower than those established as of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. For example, a higher discount rate applied to expected</font><font style='font-family:Times New Roman;font-size:10pt;' > future payments would have decreased the amount of a case basis reserve established by the Company and a lower rate would have increased the amount of a reserve established by the Company. Similarly, a higher discount rate applied to the potential future </font><font style='font-family:Times New Roman;font-size:10pt;' >recoveries would have decreased the amount of a loss recoverable established by the Company and a lower rate would have increased the amount of a loss recoverable established by the Company.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >U.S. Public Finance Insurance</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >U.S. public finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insur</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > transactions consist</font><font style='font-family:Times New Roman;font-size:10pt;' > of municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions, as well as utilities, airports, health care institutions, higher educational </font><font style='font-family:Times New Roman;font-size:10pt;' >facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects that serve a substantial public purpose. The Company estimates future losses by using probability-weighted cas</font><font style='font-family:Times New Roman;font-size:10pt;' >h flow scenarios that are customized to each insured transaction. Future loss estimates consider debt service due for each insured transaction, which includes par outstanding and interest due, as well as recoveries for such payments, if any. Gross par outs</font><font style='font-family:Times New Roman;font-size:10pt;' >tanding for c</font><font style='font-family:Times New Roman;font-size:10pt;' >apital appreciation bonds </font><font style='font-family:Times New Roman;font-size:10pt;' >represents the par amount </font><font style='font-family:Times New Roman;font-size:10pt;' >at the time of </font><font style='font-family:Times New Roman;font-size:10pt;' >issuance of the insurance policy</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain local governments remain under financial and budgetary stress and </font><font style='font-family:Times New Roman;font-size:10pt;' >a few </font><font style='font-family:Times New Roman;font-size:10pt;' >have filed for protection under </font><font style='font-family:Times New Roman;font-size:10pt;' >title 11, </font><font style='font-family:Times New Roman;font-size:10pt;' >United States Code</font><font style='font-family:Times New Roman;font-size:10pt;' > (</font><font style='font-family:Times New Roman;font-size:10pt;' >the &#8220;Bankruptcy Code&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, or have entered into state statutory proceedings established to assist municipalities in managing through periods of severe fiscal stress. </font><font style='font-family:Times New Roman;font-size:10pt;' >In the case of Puerto Rico, certain credits that the Company insures have filed petitions for</font><font style='font-family:Times New Roman;font-size:10pt;' > covered instrumentalities under Title III of the Puerto Rico Oversight, Management and Economic Stability Act (&#8220;PROMESA&#8221;), which incorporates by reference provisions from the Bankruptcy Code. </font><font style='font-family:Times New Roman;font-size:10pt;' >This could lead to an increase in defaults by such entities on </font><font style='font-family:Times New Roman;font-size:10pt;' >the payment of their obligations and losses or impairments </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n greater </font><font style='font-family:Times New Roman;font-size:10pt;' >amounts</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >insured transactions.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The filing for protection under the Bankruptcy Code or entering state statutory proceedings does not necessarily result in a default or ind</font><font style='font-family:Times New Roman;font-size:10pt;' >icate that an ultimate loss will occur</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On September 20, 2017, Hurricane Maria made landfall in Puerto Rico as a </font><font style='font-family:Times New Roman;font-size:10pt;' >Category 4 hurricane resulting in catastrophic damage to much of the island&#8217;s basic infrastructure, including its electrical transmission an</font><font style='font-family:Times New Roman;font-size:10pt;' >d distribution grid, telecommunications network, housing, roads, bridges, water and sewer systems. On September 21, 2017, the President of the United States approved a Major Disaster Declaration for Puerto Rico and the FEMA made federal disaster assistance</font><font style='font-family:Times New Roman;font-size:10pt;' > available to Puerto Rico to supplement its recovery efforts. Hurricane Maria&#8217;s impact on Puerto Rico will likely also impact its ability to both repay its legacy indebtedness and participate in ongoing debt restructuring negotiations. The physical damage </font><font style='font-family:Times New Roman;font-size:10pt;' >and resultant lost economic activity may exceed the collective aid Puerto Rico receives from private insurance, relief from FEMA and other federal agencies and programs. Economic activity in Puerto Rico may not return to pre-hurricane levels and Puerto Ric</font><font style='font-family:Times New Roman;font-size:10pt;' >o&#8217;s recovery could be more shallow and protracted than that experienced by other similarly affected governments, given Puerto Rico&#8217;s prior constrained liquidity and economic activity. While the federal government has made aid available to Puerto Rico, ther</font><font style='font-family:Times New Roman;font-size:10pt;' >e can be no assurance that such aid will continue in the amounts necessary to offset the adverse impacts from Hurricane Maria in their entirety. In addition, the necessary and greater involvement of the federal government, through its actions to deliver di</font><font style='font-family:Times New Roman;font-size:10pt;' >saster relief and other support services, in addition to the evolving role of the Oversight Board and the role of Puerto Rico in its own recovery, heightens political risk in connection with the restructuring of legacy debt. This risk could lead the Oversi</font><font style='font-family:Times New Roman;font-size:10pt;' >ght Board, Puerto Rico or the federal government to seek to extract greater concessions from creditors based on the uncertainty of Puerto Rico&#8217;s long term recovery prospects. In this event, losses at National on select Puerto Rico exposures could increase </font><font style='font-family:Times New Roman;font-size:10pt;' >materially. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company</font><font style='font-family:Times New Roman;font-size:10pt;' > monitor</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and analyze</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > these situations closely</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >however</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the overall extent and duration of </font><font style='font-family:Times New Roman;font-size:10pt;' >such</font><font style='font-family:Times New Roman;font-size:10pt;' > events </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > uncertain</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >International and Structured Finance Insurance </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >international and structured finance insurance segment&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > case basis reserves and insurance loss recoveries recorded in accordance with GAAP do not include estimates for policies insuring credit derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' > or on financial guarantee VIEs that are eliminated in consolidation</font><font style='font-family:Times New Roman;font-size:10pt;' >. Policies insuring credit derivative c</font><font style='font-family:Times New Roman;font-size:10pt;' >ontracts are accounted for as derivatives and </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >carried at fair value</font><font style='font-family:Times New Roman;font-size:10pt;' > in the Company&#8217;s consolidated financial statements </font><font style='font-family:Times New Roman;font-size:10pt;' >under GAAP. The fair values of insured </font><font style='font-family:Times New Roman;font-size:10pt;' >credit </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative contracts are influenced by a variety of market and transaction-specific fac</font><font style='font-family:Times New Roman;font-size:10pt;' >tors that may be unrelated to potential future claim payments under the Company&#8217;s insurance policies. In the absence of credit impairments on insured </font><font style='font-family:Times New Roman;font-size:10pt;' >credit </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative contracts or the early termination of such contracts at a loss, </font><font style='font-family:Times New Roman;font-size:10pt;' >the cumulative unrealize</font><font style='font-family:Times New Roman;font-size:10pt;' >d losses recorded from these contracts should reverse before or at the maturity of the contracts. </font><font style='font-family:Times New Roman;font-size:10pt;' >As</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company&#8217;s insured credit derivatives have similar terms, conditions, risks, and economic profiles to its financial guarantee insurance policies, the Co</font><font style='font-family:Times New Roman;font-size:10pt;' >mpany evaluates them for impairment</font><font style='font-family:Times New Roman;font-size:10pt;' >, under Statutory accounting,</font><font style='font-family:Times New Roman;font-size:10pt;' > in the same way that it estimates loss and </font><font style='font-family:Times New Roman;font-size:10pt;' >LAE</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for its financial guarantee policies. </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion of the Company&#8217;s use of d</font><font style='font-family:Times New Roman;font-size:10pt;' >erivatives and their impact on the Company&#8217;s consolidated financial statements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >RMBS Case Basis Reserves (Financial Guarantees)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s RMBS reserves and recoveries relate to financial guarantee insurance policies</font><font style='font-family:Times New Roman;font-size:10pt;' >, excluding those on consolidated VI</font><font style='font-family:Times New Roman;font-size:10pt;' >Es</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s first-lien RMBS case basis reserves primarily relate to RMBS backed by alternative A-paper and subprime mortgage loans. The Company&#8217;s second-lien RMBS case basis reserves relate to RMBS backed by home equity lines of credit and closed-end</font><font style='font-family:Times New Roman;font-size:10pt;' > second mortgages. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company calculated RMBS case basis reserves as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > for both first</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >second-lien RMBS transactions using a process called the &#8220;Roll Rate Methodology</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > The Roll Rate Methodology is a multi-step process using datab</font><font style='font-family:Times New Roman;font-size:10pt;' >ase</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > of loan level information, proprietary internal cash flow model</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, and commercially available model</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > to estimate </font><font style='font-family:Times New Roman;font-size:10pt;' >potential </font><font style='font-family:Times New Roman;font-size:10pt;' >losses </font><font style='font-family:Times New Roman;font-size:10pt;' >and recoveries </font><font style='font-family:Times New Roman;font-size:10pt;' >on insured bonds. </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;Roll Rate&#8221; is defined as the probability that current loans become delinquent and subseq</font><font style='font-family:Times New Roman;font-size:10pt;' >uently default and loans in the delinquent pipeline are charged-off or liquidated. Generally, Roll Rates are calculated for the previous twelve months and averaged. The loss reserve estimates are based on a probability-weighted average of three scenarios o</font><font style='font-family:Times New Roman;font-size:10pt;' >f loan losses. </font><font style='font-family:Times New Roman;font-size:10pt;' >Additional data used for both second and first</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >liens include historic averages of deal specific voluntary prepayment rates, forward projections of the London Interbank Offered Rate (&#8220;LIBOR&#8221;) interest rates, and historic averages of deal-spec</font><font style='font-family:Times New Roman;font-size:10pt;' >ific loss severities. In addition, for second-lien RMBS backed by home equity lines of credit, the Company assumes a constant basis spread between Prime and LIBOR interest rates.   </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In calculating ultimate cumulative losses for RMBS, the Company estimates </font><font style='font-family:Times New Roman;font-size:10pt;' >the amount of second-lien loans that are expected to be charged-off (deemed uncollectible by servicers of the transactions) or first-lien loans liquidated in the future.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For first-lien RMBS, the Company estimates the amount of loans that are expected to </font><font style='font-family:Times New Roman;font-size:10pt;' >be liquidated through foreclosure or short sale. The time to liquidation for a defaulted loan is specific to the loan&#8217;s delinquency bucket.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For all transactions, cash flow models consider allocations and other structural aspects and claims against MBIA Cor</font><font style='font-family:Times New Roman;font-size:10pt;' >p.&#8217;s insurance policy consistent with such policy&#8217;s terms and conditions. The estimated net claims from the procedure above are then discounted using a risk-free rate to a net present value reflecting MBIA&#8217;s general obligation to pay claims over time and n</font><font style='font-family:Times New Roman;font-size:10pt;' >ot on an accelerated basis.</font><font style='font-family:Times New Roman;font-size:10pt;' >   </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company monitors portfolio performance on a monthly basis against projected performance, reviewing delinquencies, </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >oll </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ates, and prepayment rates (including voluntary and involuntary). However, </font><font style='font-family:Times New Roman;font-size:10pt;' >loan </font><font style='font-family:Times New Roman;font-size:10pt;' >performance remains d</font><font style='font-family:Times New Roman;font-size:10pt;' >ifficult to predict and losses may exceed expectations. In the event of a material deviation in actual performance from projected performance, the Company would increase or decrease the case basis reserves accordingly. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >RMBS Recoveries</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company primaril</font><font style='font-family:Times New Roman;font-size:10pt;' >y records two types of recoveries related to insured RMBS exposures:</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >excess spread that is generated from the trust structures in the insured transactions; and second-lien &#8220;put-back&#8221; claims related to those mortgage loans whose inclusion in an insured secu</font><font style='font-family:Times New Roman;font-size:10pt;' >ritization failed to comply with representations and warranties (&#8220;ineligible loans&#8221;).</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Excess Spread</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Excess spread within insured RMBS securitizations is the difference between interest inflows on mortgage loan collateral and interest outflows on the </font><font style='font-family:Times New Roman;font-size:10pt;' >insured RMBS notes. The aggregate amount of excess spread depends on the future loss trends, which include future delinquency trends, average time to charge-off/liquidate delinquent loans, the future spread between Prime and the LIBOR</font><font style='font-family:Times New Roman;font-size:10pt;' > interest rates, and borrower refinancing behavior (which may be affected by changes in the interest rate environment) that results in voluntary prepayments. Minor deviations in loss trends and voluntary prepayments may substantially impact the amounts c</font><font style='font-family:Times New Roman;font-size:10pt;' >ollected from excess spread. Excess spread also includes subsequent recoveries on previously charged-off loans associated with the insured second-lien RMBS securitizations.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Second-lien </font><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;' >Put-Back Claims Related to Ineligible Loans</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has </font><font style='font-family:Times New Roman;font-size:10pt;' >settled the</font><font style='font-family:Times New Roman;font-size:10pt;' > majority of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back claims</font><font style='font-family:Times New Roman;font-size:10pt;' >. Only its claims against Credit Suisse remain outstanding. The Company&#8217;s settlement amounts have been </font><font style='font-family:Times New Roman;font-size:10pt;' >consistent with </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back recoveries</font><font style='font-family:Times New Roman;font-size:10pt;' > that had been</font><font style='font-family:Times New Roman;font-size:10pt;' > included in the Company&#8217;s financial statements</font><font style='font-family:Times New Roman;font-size:10pt;' > at the times preceding the settlements</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The put-back contract claim remaining with Credit Suisse is related to the inclusion of ineligible loans in the 2007-2 Home Equity Mortgage Trust securitization. Credit Suisse has challenged the Company&#8217;s assessment</font><font style='font-family:Times New Roman;font-size:10pt;' > of the ineligibility of individual mortgage loans and the dispute is the subject of litigation for which there is no assurance that the Company will prevail. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Based on the Company&#8217;s assessment of the strength of its contractual put-back rights </font><font style='font-family:Times New Roman;font-size:10pt;' >against </font><font style='font-family:Times New Roman;font-size:10pt;' >Cre</font><font style='font-family:Times New Roman;font-size:10pt;' >dit Suisse, as well as on its prior settlements with other sellers/servicers and success of other monolines&#8217; put-back settlements, the Company believes it will prevail in enforcing its contractual rights and that it is entitled to collect the full amount o</font><font style='font-family:Times New Roman;font-size:10pt;' >f its incurred losses, which totaled $</font><font style='font-family:Times New Roman;font-size:10pt;' >436</font><font style='font-family:Times New Roman;font-size:10pt;' > million through </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Company is also entitled to collect interest on amounts paid; it believes that in the context of its put-back litigation, the appropriate interest rate should be the New Yo</font><font style='font-family:Times New Roman;font-size:10pt;' >rk State statutory rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >However, the Company currently calculates its put-back recoveries using the contractual interest rate, which is lower than the New York State statutory rate.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Notwithstanding the foregoing, u</font><font style='font-family:Times New Roman;font-size:10pt;' >ncertainty </font><font style='font-family:Times New Roman;font-size:10pt;' >remains </font><font style='font-family:Times New Roman;font-size:10pt;' >with respect to the ul</font><font style='font-family:Times New Roman;font-size:10pt;' >timate outcome</font><font style='font-family:Times New Roman;font-size:10pt;' > of the litigation with Credit Suisse, which is contemplated in the probability-weighted cash flow scenario based-modeling the Company uses. The Credit Suisse recovery scenarios are based on the amount of incurred losses measured against cert</font><font style='font-family:Times New Roman;font-size:10pt;' >ain probabilities of ultimate resolution of the dispute with Credit Suisse. Most of the probability weight is assigned to partial recovery scenarios and a</font><font style='font-family:Times New Roman;font-size:10pt;' >re discounted using the current risk-free discount rates associated </font><font style='font-family:Times New Roman;font-size:10pt;' >against</font><font style='font-family:Times New Roman;font-size:10pt;' > the underlying transaction</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company continues to consider relevant facts and circumstances</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in developing its assumptions on expected cash inflows, probability of potential recoveries (including the outcome of litigation) and recovery period. The estimated amount a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd likelihood of potential recoveries are expected to be revised and supplemented to the extent there are developments in the pending litigation and/or changes to the financial condition of Credit Suisse. While the Company believes it will be successful in</font><font style='font-family:Times New Roman;font-size:10pt;' > realizing </font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >recoveries from</font><font style='font-family:Times New Roman;font-size:10pt;' > its</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >put-back </font><font style='font-family:Times New Roman;font-size:10pt;' >contract claims</font><font style='font-family:Times New Roman;font-size:10pt;' > against Credit Suisse</font><font style='font-family:Times New Roman;font-size:10pt;' >, the ultimate amount recovered may be materially different from th</font><font style='font-family:Times New Roman;font-size:10pt;' >at</font><font style='font-family:Times New Roman;font-size:10pt;' > recorded by the Company given the inherent uncertainty of the manner of resolving the claims (</font><font style='font-family:Times New Roman;font-size:10pt;' >i.</font><font style='font-family:Times New Roman;font-size:10pt;' >e., litig</font><font style='font-family:Times New Roman;font-size:10pt;' >ation</font><font style='font-family:Times New Roman;font-size:10pt;' > and/or negotiated out-of-court settlement</font><font style='font-family:Times New Roman;font-size:10pt;' >) and the assumptions used in the required estimation process for accounting purposes which are based, in part, on judgments and other information that are not easily corroborated by historical data or other r</font><font style='font-family:Times New Roman;font-size:10pt;' >elevant benchmarks.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 20: Commitments and Contingencies</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for further information about the Company&#8217;s litigation with Credit Suisse.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >CDO Reserves</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company also has loss and LAE reserves on certain transactions within its </font><font style='font-family:Times New Roman;font-size:10pt;' >CDO</font><font style='font-family:Times New Roman;font-size:10pt;' > por</font><font style='font-family:Times New Roman;font-size:10pt;' >tfolio,</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >including its multi-sector CDO asset class</font><font style='font-family:Times New Roman;font-size:10pt;' > that w</font><font style='font-family:Times New Roman;font-size:10pt;' >as </font><font style='font-family:Times New Roman;font-size:10pt;' >insured </font><font style='font-family:Times New Roman;font-size:10pt;' >in the form of </font><font style='font-family:Times New Roman;font-size:10pt;' >financial guarantee</font><font style='font-family:Times New Roman;font-size:10pt;' > policies. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA&#8217;s insured multi-sector CDOs are transactions that include a variety of collateral ranging from corporate bonds to structured </font><font style='font-family:Times New Roman;font-size:10pt;' >finance assets (which includes</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > but are not limited to</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > RMBS-related collateral, multi-sector and corporate CDOs). </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following discussion provides information about the Company&#8217;s process for estimating reserves and credit impairments on these policies, </font><font style='font-family:Times New Roman;font-size:10pt;' >determined as the present value of the probability-weighted potential future losses, net of estimated recoveries, across multiple scenarios.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company considers several factors when developing the range of potential outcomes and their impact on MBIA. The</font><font style='font-family:Times New Roman;font-size:10pt;' > following approaches require substantial judgments about the future performance of each transaction: </font></p><ul style='margin-top:0pt;' ><li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Each transaction is evaluated for its commutation potential, which is customized by counterparty and considers historical commutation prices, the level o</font><font style='font-family:Times New Roman;font-size:10pt;' >f dialogue with the counterparty and the credit quality and payment profile of the underlying exposure.</font></li><li style='list-style:decimal;text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >A range of loss scenarios is considered under different default and severity rates for each transaction&#8217;s collateral.</font></li></ul><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Zohar Recoveries</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp. will </font><font style='font-family:Times New Roman;font-size:10pt;' >seek to recover the payment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > it made (plus interest and expenses) with respect to </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar I and the </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar II Claim</font><font style='font-family:Times New Roman;font-size:10pt;' >. MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >anticipates that the primary source of the recovery</font><font style='font-family:Times New Roman;font-size:10pt;' > of the Zohar II Claim </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >ill come from the monetization of the assets of Zohar II</font><font style='font-family:Times New Roman;font-size:10pt;' >, which include, among other things, loans made to, and equity interests in, companies purportedly controlled by the sponsor and former collateral manager of Zohar I and Zohar II (the &#8220;Zohar Sponsor&#8221;) (all the assets of </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar II, the &#8220;Zohar II Assets&#8221;). </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n connection with the exercise of its rights and remedies, MBIA Corp. acquired the beneficial ownership of the Zohar I assets, which include loans made to, and equity interests in, companies purportedly controlled by the Zohar Sponsor (all the assets of Zo</font><font style='font-family:Times New Roman;font-size:10pt;' >har I, the &#8220;Zohar I Assets&#8221;). Over time, MBIA Corp. expects to acquire the legal ownership of the Zohar I Assets and recover all or substantially all of the payment it made (plus interest and expenses) with</font><font style='font-family:Times New Roman;font-size:10pt;' > regards to </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >Zohar I</font><font style='font-family:Times New Roman;font-size:10pt;' > claim</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the recoveries of Zohar I and Zohar II are included in &#8220;Loans receivable at fair value&#8221; which are presented in &#8220;Assets of consolidated variable interest entities&#8221; on the Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There can be no assurance, however, th</font><font style='font-family:Times New Roman;font-size:10pt;' >at the value of the Zohar II Assets and the Zohar I Assets will be sufficient to permit MBIA Corp. to recover all or substantially all of the payments it made on the Zohar I</font><font style='font-family:Times New Roman;font-size:10pt;' > and the Z</font><font style='font-family:Times New Roman;font-size:10pt;' >ohar </font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >I Claim</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Failure to recover a substantial amount of such payments </font><font style='font-family:Times New Roman;font-size:10pt;' >could impede its ability to make payments when due on other policies. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. believes that if the </font><font style='font-family:Times New Roman;font-size:10pt;' >NYSDFS</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >concludes at any time that MBIA Insurance Corporation will not be able to pay its policyholder </font><font style='font-family:Times New Roman;font-size:10pt;' >claims, the NYSDFS would likely put MBIA Insurance Corporation into a rehabilitation or liquidation proceeding under Article 74 of the New York Insurance Law and/or take such other actions as the NYSDFS may deem necessary to protect the interests of MBIA I</font><font style='font-family:Times New Roman;font-size:10pt;' >nsurance Corporation&#8217;s policyholders. The determination to commence such a proceeding or take other such actions is within the exclusive control of the NYSDFS. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Summary of Loss and LAE Reserves and Recoveries  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s loss and LAE reserves and recov</font><font style='font-family:Times New Roman;font-size:10pt;' >eries </font><font style='font-family:Times New Roman;font-size:10pt;' >before consolidated VIE eliminations, </font><font style='font-family:Times New Roman;font-size:10pt;' >along with amounts that were eliminated as a result of consolidat</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' > VIEs, </font><font style='font-family:Times New Roman;font-size:10pt;' >which are included in the Company&#8217;s consolidated balance sheets</font><font style='font-family:Times New Roman;font-size:10pt;' > as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > are presented in the following tabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.9pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.15pt;' ><td colspan='3' rowspan='1' style='width:192pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Balance Sheet Line Item</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:151.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Balance Sheet Line Item</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.9pt;' ><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:180.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:31.15pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance loss recoverable </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loan repurchase commitments </font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and LAE reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance loss recoverable </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loan repurchase commitments </font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and LAE reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:192pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >U.S. Public Finance Insurance</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >333</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >512</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >174</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >97</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='6' rowspan='1' style='width:240.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:240.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >International and Structured Finance Insurance:</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Before VIE eliminations</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >1,478</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >710</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >551</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >650</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >VIE eliminations</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(1,300)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(243)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(221)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(206)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Total international and structured finance insurance</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >178</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >467</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >330</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >444</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:4.15pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >511</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >979</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >504</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >541</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Changes in Loss and LAE Reserves</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > present</font><font style='font-family:Times New Roman;font-size:10pt;' > changes in the Company&#8217;s loss and LAE reserves for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. Changes in loss reserves attributable to the accreti</font><font style='font-family:Times New Roman;font-size:10pt;' >on of the claim liability discount, changes in discount rates, changes in </font><font style='font-family:Times New Roman;font-size:10pt;' >amount and </font><font style='font-family:Times New Roman;font-size:10pt;' >timing</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of estimated</font><font style='font-family:Times New Roman;font-size:10pt;' > claim</font><font style='font-family:Times New Roman;font-size:10pt;' > payments and recoveries, changes in assumptions and changes in LAE reserves are recorded in &#8220;Losses and loss adjustment&#8221; expenses in the Company&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s consolidated statements of operations. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the weighted average risk-free rate used to discount the Company&#8217;s loss reserves (claim liability) was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.31</font><font style='font-family:Times New Roman;font-size:10pt;' >%</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2.07</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. LAE reserves are</font><font style='font-family:Times New Roman;font-size:10pt;' > generally</font><font style='font-family:Times New Roman;font-size:10pt;' > expecte</font><font style='font-family:Times New Roman;font-size:10pt;' >d to be settled within a one-year period and are not discounted</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s gross loss and LAE reserves included $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, related to LAE.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:354pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2017</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >541</font></td><td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1,069)</font></td><td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:center;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >15</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >661</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(30)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >6</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >843</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >979</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes payments made to satisfy the Zohar II Claim. </font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily changes in the amount to satisfy the Zohar II Claim. </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >516</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(128)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >8</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >78</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(15)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >63</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >541</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:14.1pt;' ><td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:486.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The increase in the Company&#8217;s gross loss and LAE reserves during 2017 w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily related to increases due to </font><font style='font-family:Times New Roman;font-size:10pt;' >changes</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in assumptions on certain Puerto Rico exposures.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The</font><font style='font-family:Times New Roman;font-size:10pt;' > increase </font><font style='font-family:Times New Roman;font-size:10pt;' >in the Company&#8217;s gross loss and LAE reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >during 2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily</font><font style='font-family:Times New Roman;font-size:10pt;' > related to increases due to changes in assumptions on insured first and second-lien RMBS transactions and U.S. public finance transactions. These were partially offset by decreases in changes in assumptions on CDOs.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses   </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nge</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >est</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >mat</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >tent</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ma</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > be</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >oss </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ove</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >et</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >net</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >ain</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >os</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >L</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >abi</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >or </font><font style='font-family:Times New Roman;font-size:10pt;' >bo</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The following table present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > changes in the Company&#8217;s insurance loss recoverable and changes in recoveries on unpaid losses reported within the Company&#8217;s claim liability for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. Changes in </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance loss recoverable attributable to the accretion of the discount on the recoverable, changes in discount rates, changes in amount and timing of estimated collections, changes in assumptions and changes in LAE recoveries are recorded in &#8220;Losses and </font><font style='font-family:Times New Roman;font-size:10pt;' >loss adjustment&#8221; expenses in the Company&#8217;s consolidated statements of operations.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:295.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:295.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2017</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >504</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(124)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >511</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(45)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >583</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(124)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >68</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >546</font></td></tr><tr style='height:13.5pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of collections.</font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes amounts which have been paid and are expected to be recovered in the future. </font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - As of December 31, 2017 and 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2016</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >577</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >86</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(72)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >504</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (2)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >100</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(34)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >677</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(72)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >583</font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:9.95pt;' ><td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:433.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of collections.</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Excludes Puerto Rico and Zohar II recoveries, which have been netted against reserves.</font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >crease in the Company&#8217;s insurance loss recoverable </font><font style='font-family:Times New Roman;font-size:10pt;' >during </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > was primarily due to </font><font style='font-family:Times New Roman;font-size:10pt;' >paid losses on certain Puerto Rico </font><font style='font-family:Times New Roman;font-size:10pt;' >credits offset by a decrease in insured RMBS transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >The de</font><font style='font-family:Times New Roman;font-size:10pt;' >crease in </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >RMBS insurance</font><font style='font-family:Times New Roman;font-size:10pt;' > loss reco</font><font style='font-family:Times New Roman;font-size:10pt;' >verable was primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >related to </font><font style='font-family:Times New Roman;font-size:10pt;' >the collection of </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ortgage insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >from the settlement of litigation </font><font style='font-family:Times New Roman;font-size:10pt;' >involving Old Republic Insurance Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' > and a decrease in expected recoveries from first-lien RMBS transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >The decrease in the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s recoveries on unpaid losses </font><font style='font-family:Times New Roman;font-size:10pt;' >is primarily related </font><font style='font-family:Times New Roman;font-size:10pt;' >to insured R</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS transactions. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The decrease in t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ompan</font><font style='font-family:Times New Roman;font-size:10pt;' >y&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >uran</font><font style='font-family:Times New Roman;font-size:10pt;' >ce</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' > re</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >overabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > and recoveries on unpaid losses </font><font style='font-family:Times New Roman;font-size:10pt;' >durin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >was </font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >mar</font><font style='font-family:Times New Roman;font-size:10pt;' >ily</font><font style='font-family:Times New Roman;font-size:10pt;' > du</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > a decrease in expected </font><font style='font-family:Times New Roman;font-size:10pt;' >future recoveries on CDOs as the result of the consolidation of a VIE and related elimination of a VIE and a decrease in changes in the amount of expected </font><font style='font-family:Times New Roman;font-size:10pt;' >collections </font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >first and second-lien RMBS issues</font><font style='font-family:Times New Roman;font-size:10pt;' >, partially offset </font><font style='font-family:Times New Roman;font-size:10pt;' >by an increase related to changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in assumptions on </font><font style='font-family:Times New Roman;font-size:10pt;' >certain Puerto Rico credits. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Loss and LAE Activity </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s financial guarantee insurance losses and LAE (excluding insured credit derivative and consolidated VIEs), net of reinsurance for the years ended December 31, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' >, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > are presented in the following tabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31, </font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Public Finance Insurance Segment</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >499</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International and Structured Finance Insurance Segment:</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Second-lien RMBS</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >First-lien RMBS</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >CDOs</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Losses and LAE </font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >683</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >123</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes non-U.S. public finance and other issues.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, losses and LAE primarily related to increases in actual and expected payments on certain Puerto Rico exposures, insured first-lien RMBS transactions and a decrease in actual and </font><font style='font-family:Times New Roman;font-size:10pt;' >projected collections from mortgage insurance included in the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s excess spread within its second-lien RMBS transactions from the settlement of litigation regarding insurance coverage involving Old Republic Insurance Corporation, Bank of America, N.A. and The Bank of New York Mellon.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, losses and LAE</font><font style='font-family:Times New Roman;font-size:10pt;' > primarily related to increases in actual and expected payments on certain Puerto Rico exposures and insured first and second-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS transactions. The</font><font style='font-family:Times New Roman;font-size:10pt;' >se were partially offset by increases in recoveries of actual and expected payments on certain Puerto Rico exposures and decreases in actual and expected payments on CDOs.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, losses and LAE primarily related to increases in expected payments on </font><font style='font-family:Times New Roman;font-size:10pt;' >CDOs and insured first-lien RMBS transactions and decreases in projected collections from excess spread within insured second-lien RMBS securitizations. These were partially offset by increases in recoveries of expected payments related to CDOs and increas</font><font style='font-family:Times New Roman;font-size:10pt;' >es in projected collections from excess spread within insured second-lien RMBS securitizations due to an anticipated sale of loans within certain securitizations that had been previously charged off by the servicer.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Costs associated with remediating insure</font><font style='font-family:Times New Roman;font-size:10pt;' >d obligations assigned to the Company&#8217;s surveillance categories are recorded as LAE and included in &#8220;Losses and loss adjustment&#8221; expenses on the Company&#8217;s consolidated statements of operations. For </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, gross LAE related to reme</font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >ating insured obligations were $</font><font style='font-family:Times New Roman;font-size:10pt;' >42</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >48</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >26</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Surveillance Categories</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ide</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llan</font><font style='font-family:Times New Roman;font-size:10pt;' >ce c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ego</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >280</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >375</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,764</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >104</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,083</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,964</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,676</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,756</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,481</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,440</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,839</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17,445</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,082</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,082</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >782</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >782</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(178)</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(178)</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >77</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries for policies in a net payable position. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ide</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >la</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >ch </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rv</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llan</font><font style='font-family:Times New Roman;font-size:10pt;' >ce c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ego</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >331</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >430</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >126</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.5</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,917</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >320</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,031</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,285</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,795</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,777</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,683</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,712</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >427</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,808</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,968</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >718</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >718</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(75)</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td></tr><tr style='height:12pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the gross claim liability primarily related to insured first-lien RMBS transactions</font><font style='font-family:Times New Roman;font-size:10pt;' > as well as certain Puerto Rico exposures</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the gross claim liability primarily related to insured first-lien RMBS </font><font style='font-family:Times New Roman;font-size:10pt;' >transactions</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the gross potential recoveries principally related to </font><font style='font-family:Times New Roman;font-size:10pt;' >certain Puerto Rico exposures</font><font style='font-family:Times New Roman;font-size:10pt;' > and insured second-lien RMBS transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, these potential recoveries exclude </font><font style='font-family:Times New Roman;font-size:10pt;' >the recoveri</font><font style='font-family:Times New Roman;font-size:10pt;' >es of Zohar I and Zohar II that are included in &#8220;Loans receivable at fair value&#8221; which are presented in &#8220;Assets of consolidated variable interest entities&#8221; on the Company&#8217;s consolidated balance sheets</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s recoveries have been, and remain based </font><font style='font-family:Times New Roman;font-size:10pt;' >on either salvage rights, the rights conferred to MBIA through the transactional documents (inclusive of the insurance agreement), or subrogation rights embedded within financial guarantee insurance policies. Expected salvage and subrogation recoveries, as</font><font style='font-family:Times New Roman;font-size:10pt;' > well as recoveries from other remediation efforts, reduce the Company&#8217;s claim liability. Once a claim payment has been made, the claim liability has been satisfied and MBIA&#8217;s right to recovery is no longer considered an offset to future expected claim pay</font><font style='font-family:Times New Roman;font-size:10pt;' >ments, it is recorded as a salvage asset. The amount of recoveries recorded by the Company is limited to paid claims plus the present value of projected estimated future claim payments. As claim payments are made, the recorded amount of potential recoverie</font><font style='font-family:Times New Roman;font-size:10pt;' >s may exceed the remaining amount of the claim liability for a given policy. </font><font style='font-family:Times New Roman;font-size:10pt;' >The gross claim liability and gross potential recoveries</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >reflect the elimination of claim liabilities and potential recoveries related to VIEs consolidated by the Company.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, reinsurance recoverable on paid and unpaid losses was $</font><font style='font-family:Times New Roman;font-size:10pt;' >17</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively, and </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > included in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Other assets</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; on the Company&#8217;s consolidated balance sheets.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for liabilities related to future policy benefits and unpaid claims and claim adjustments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=6482852&amp;loc=d3e14931-158439<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14754-158437<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.13(a)(1),(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForFuturePolicyBenefitsAndUnpaidClaimsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6899534912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresTextBlock', window );">Fair Value Measurement</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 7: Fair Value of Financial Instruments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Measurement</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Assets </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial assets held by the Company primarily consist of investments in debt securities. Substantially all of the Company&#8217;s investments are priced by independent third parties, </font><font style='font-family:Times New Roman;font-size:10pt;' >including pricing </font><font style='font-family:Times New Roman;font-size:10pt;' >services and brokers. Typically, the Company receives one pricing service v</font><font style='font-family:Times New Roman;font-size:10pt;' >alue or broker quote for each instrument, which represents a non-binding indication of value. The Company, along with its third-party portfolio manager, reviews the assumptions, inp</font><font style='font-family:Times New Roman;font-size:10pt;' >uts and methodologies used by pricing services and brokers to obtain reason</font><font style='font-family:Times New Roman;font-size:10pt;' >able assurance that the prices used in its valuations reflect fair value. When the Company and its third-party portfolio manager believe a third-party quotation differs significantl</font><font style='font-family:Times New Roman;font-size:10pt;' >y from its internally developed expectation of fair value, whether higher or lower, the Company reviews its data or assumptions with the provider. This review includes comparing significant assumptions such as prepayment speeds, default ratios, forward yie</font><font style='font-family:Times New Roman;font-size:10pt;' >ld curves, credit spreads and other significant quantitative inputs to internal assumptions, and working with the price provider to reconcile the differences. The price provider may subsequently provide an updated price. In the event that the price provide</font><font style='font-family:Times New Roman;font-size:10pt;' >r does not update its price, and the Company still does not agree with the price provided, its third-party portfolio manager will obtain a price from another third-party provider or use an internally developed price which it believes represents the fair va</font><font style='font-family:Times New Roman;font-size:10pt;' >lue of the investment. The fair values of investments for which internal prices were used were not significant to the aggregate fair value of the Company&#8217;s investment portfolio as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > or</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. All challenges to third-party prices are</font><font style='font-family:Times New Roman;font-size:10pt;' > reviewed by staff of the Company as well as its third-party portfolio manager with relevant expertise to ensure reasonableness of assumptions.&#160;A pricing analysis is reviewed and approved by the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >aluation </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ommittee.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Liabilities (excludi</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ng derivative liabilities)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial liabilities, excluding derivative liabilities, issued by the Company primarily consist of </font><font style='font-family:Times New Roman;font-size:10pt;' >debt issued for general corporate purposes</font><font style='font-family:Times New Roman;font-size:10pt;' > within its </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate segment, </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >investment agreements</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >debt </font><font style='font-family:Times New Roman;font-size:10pt;' >issued by consolidated</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >VIEs and warrants. The majority of the financial liabilities that the Company has elected to fair value or that require fair value reporting or disclosures are valued based on the estimated value of the underlying collateral, the Company&#8217;s or a third-part</font><font style='font-family:Times New Roman;font-size:10pt;' >y&#8217;s estimate of discounted cash flow model estimates, or quoted market values for similar products. These valuations include adjustments for expected nonperformance risk of the Company.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivative Liabilities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s derivative liabilities are primar</font><font style='font-family:Times New Roman;font-size:10pt;' >ily interest rate swaps and an insured credit derivative. The Company&#8217;s insured credit derivative contract is a non-traded structured credit derivative transaction and since they are highly customized and there is generally no observable market for th</font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >rivative</font><font style='font-family:Times New Roman;font-size:10pt;' >. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company estimates </font><font style='font-family:Times New Roman;font-size:10pt;' >its</font><font style='font-family:Times New Roman;font-size:10pt;' > fair value in a hypothetical market based on </font><font style='font-family:Times New Roman;font-size:10pt;' >an </font><font style='font-family:Times New Roman;font-size:10pt;' >internal model </font><font style='font-family:Times New Roman;font-size:10pt;' >that incorporates market or estimated prices of similar securities that are obtained for all collateral within a transaction, the present value of the marke</font><font style='font-family:Times New Roman;font-size:10pt;' >t-implied potential loss and nonperformance risk. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company reviews its valuation model results on a quarterly basis to assess the appropriateness of the assumptions and results in light of current market activity and conditions. This review is performed</font><font style='font-family:Times New Roman;font-size:10pt;' > by internal staff with relevant expertise. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Internal Review Process</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >All significant financial assets and liabilities are reviewed by </font><font style='font-family:Times New Roman;font-size:10pt;' >the valuation </font><font style='font-family:Times New Roman;font-size:10pt;' >committee to ensure compliance with the Company&#8217;s policies and risk procedures in the development of fair va</font><font style='font-family:Times New Roman;font-size:10pt;' >lues of financial assets and liabilities. Th</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >valuation committee review</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, among other things, key assumptions used for internally developed prices, significant changes in sources and uses of inputs, including changes in model approaches, and any adjustmen</font><font style='font-family:Times New Roman;font-size:10pt;' >ts from third-party inputs or prices to internally developed inputs or prices. The committee also review</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > any significant impairment or improvements in fair values of the financial instruments from prior periods. The committee </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >comprised of senior financ</font><font style='font-family:Times New Roman;font-size:10pt;' >e team members with relevant experience in the financial instruments their committee is responsible for. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he committee document</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >its</font><font style='font-family:Times New Roman;font-size:10pt;' > agreement with the fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >measurements </font><font style='font-family:Times New Roman;font-size:10pt;' >reported in the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >financial statements.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Valuation Technique</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Valuation techniques for financial instruments measured at fair value or disclosed at fair value are described below.</font></p><p style='text-align:left;margin-top:9.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Fixed-Maturity Securities (including short-term investments) Held as Available-For-Sale, Investments Carried at Fair Value, Investments </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Pledged as Collateral, Investments Held-to-Maturity, and Other Investments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >These investments include investments in U.S. Treasury and government agencies, state and municipal bonds, foreign governments, corporate obligations, </font><font style='font-family:Times New Roman;font-size:10pt;' >MB</font><font style='font-family:Times New Roman;font-size:10pt;' >S, </font><font style='font-family:Times New Roman;font-size:10pt;' >asset-backed securities (</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >ABS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, money market securities, and perpetual debt and equity securities.   </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >These investments are generally valued based on recently executed transaction prices or quoted market prices. When quoted market prices are not available, fair value is generally</font><font style='font-family:Times New Roman;font-size:10pt;' > determined using quoted prices of similar investments or a valuation model based on observable and unobservable inputs. Inputs vary depending on the type of investment. Observable inputs include contractual cash flows, interest rate yield curves, CDS spre</font><font style='font-family:Times New Roman;font-size:10pt;' >ads, prepayment and volatility scores, diversity scores, cross-currency basis index spreads, and credit spreads for structures similar to the financial instrument in terms of issuer, maturity and seniority. Unobservable inputs include cash flow projections</font><font style='font-family:Times New Roman;font-size:10pt;' > and the value of any credit enhancement.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The investment in the fixed</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >income fund was measured at fair value by applying the net asset value per share practical expedient.&#160;The investment in the fixed</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >income fund may be redeemed on a quarterly basis with </font><font style='font-family:Times New Roman;font-size:10pt;' >prior redemption notification of ninety days subject to withdrawal limitations.&#160;The investment is required to be held for a minimum of twelve months, and any subsequent quarterly redemption is limited to 25% of the investment or a complete redemption over </font><font style='font-family:Times New Roman;font-size:10pt;' >four consecutive quarters in the amounts of 25%, 33%, 50%, and 100% of the remaining investment balance as of the first, second, third and fourth consecutive quarters, respectively. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of the </font><font style='font-family:Times New Roman;font-size:10pt;' >held-to-maturity (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > investments is determined using discounted cash flow models. Key inputs include unobservable cash flows projected over the expected term of the investment discounted using observable interest rate yield curves of similar securities.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investments based on q</font><font style='font-family:Times New Roman;font-size:10pt;' >uoted market prices of identical investments in active markets are classified as Level 1 of the fair value hierarchy. Level 1 investments generally consist of U.S. Treasury and government agency, foreign government</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >money market </font><font style='font-family:Times New Roman;font-size:10pt;' >securities and perpetual de</font><font style='font-family:Times New Roman;font-size:10pt;' >bt and equity securities</font><font style='font-family:Times New Roman;font-size:10pt;' >. Quoted market prices of investments in less active markets, as well as investments which are </font><font style='font-family:Times New Roman;font-size:10pt;' >valued based on other than quoted prices for which the inputs are observable, such as interest rate yield curves, are categorized in Leve</font><font style='font-family:Times New Roman;font-size:10pt;' >l 2 of the fair value hierarchy. Investments that contain significant inputs that are not observable are categorized as Level 3.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Cash and Cash Equivalents</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying amounts of cash and cash equivalents approximate fair value due to the short-term nature</font><font style='font-family:Times New Roman;font-size:10pt;' > and credit worthiness of </font><font style='font-family:Times New Roman;font-size:10pt;' >these instruments</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >are categorized in Level 1 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Loans Receivable at Fair Value</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Loans receivable at fair value are comprised of loans held by consolidated VIEs consisting of residential mortgage and co</font><font style='font-family:Times New Roman;font-size:10pt;' >rporate loans. Fair values of residential mortgage loans are determined using quoted prices for MBS issued by the respective VIE and adjusted for the fair values of the financial guarantees</font><font style='font-family:Times New Roman;font-size:10pt;' > provided by MBIA Corp. on the related MBS. </font><font style='font-family:Times New Roman;font-size:10pt;' >The fair values of the </font><font style='font-family:Times New Roman;font-size:10pt;' >financial guarantees consider expected claim payments, net of recoveries, under MBIA Corp.&#8217;s policies. </font><font style='font-family:Times New Roman;font-size:10pt;' >Fair values of</font><font style='font-family:Times New Roman;font-size:10pt;' > corporate l</font><font style='font-family:Times New Roman;font-size:10pt;' >oans</font><font style='font-family:Times New Roman;font-size:10pt;' >, which are to privately held companies,</font><font style='font-family:Times New Roman;font-size:10pt;' > are </font><font style='font-family:Times New Roman;font-size:10pt;' >based on </font><font style='font-family:Times New Roman;font-size:10pt;' >methodologies that generally use comparable EBIT</font><font style='font-family:Times New Roman;font-size:10pt;' >DA multiples and the most current available EBITDAs</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > L</font><font style='font-family:Times New Roman;font-size:10pt;' >oans receivable at fair value are categorized in Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Loan Repurchase Commitments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Loan repurchase commitments are obligations owed by the sellers/servicers of mortgage lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ans to MBIA as reimbursement of paid claims. Loan repurchase commitments are assets of the consolidated VIEs. This asset represents the rights of MBIA against the sellers/servicers for breaches of representations and warranties that the securitized residen</font><font style='font-family:Times New Roman;font-size:10pt;' >tial mortgage loans sold to the trust to comply with stated underwriting guidelines and for the sellers/servicers to cure, replace, or repurchase mortgage loans. Fair value measurements of loan repurchase commitments represent the amounts owed by the selle</font><font style='font-family:Times New Roman;font-size:10pt;' >rs/servicers to MBIA as reimbursement of paid claims. Loan repurchase commitments are not securities and no quoted prices or comparable market transaction information are observable or available. Fair values of loan repurchase commitments are determined us</font><font style='font-family:Times New Roman;font-size:10pt;' >ing discounted cash flow techniques </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >are categorized in Level 3 of the fair value hierarchy</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other Assets</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs consolidated by the Company have entered into derivative instruments consisting of cross currency swaps. Cross currency swaps are entered into</font><font style='font-family:Times New Roman;font-size:10pt;' > to manage the variability in cash flows resulting from fluctuations in foreign currency rates. The fair value of VIE derivatives is determined based on inputs from unobservable cash flows projection of the derivative, discounted using observable discount </font><font style='font-family:Times New Roman;font-size:10pt;' >rates. As the significant inputs are unobservable, the derivative contract is categorized in Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >Other assets also include receivables representing the right to receive reimbursement payments on claim payments expected to </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >be made on certain insured VIE liabilities due to risk mitigating transactions with third parties executed to effectively defease, or, in-substance commute the Company&#8217;s exposure on its financial guarantee policies. The right to receive reimbursement payme</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >nts is based on the value of the Company&#8217;s financial guarantee determined using the cash flow model.&#160;The fair value of the financial guarantee </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >primarily </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >contains unobservable inputs and is </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >categorized</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > in Level 3 of the fair value hierarchy. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Long-term Debt</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of long-term notes, debentures and surplus notes are estimated based on quoted prices for the</font><font style='font-family:Times New Roman;font-size:10pt;' >se </font><font style='font-family:Times New Roman;font-size:10pt;' >or similar securities. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of the accrued interest expense on the surplus notes due in 2033 is determined based on the </font><font style='font-family:Times New Roman;font-size:10pt;' >carrying amou</font><font style='font-family:Times New Roman;font-size:10pt;' >nt of the accrued interest expense, adjusted for the credit risk of the Company. </font><font style='font-family:Times New Roman;font-size:10pt;' >The carrying amounts of accrued interest expense on all other long-term debt approximate fair value due to the short-term nature</font><font style='font-family:Times New Roman;font-size:10pt;' > of the interest payment.</font><font style='font-family:Times New Roman;font-size:10pt;' > Long-term debt is cat</font><font style='font-family:Times New Roman;font-size:10pt;' >egorized </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >Level 2 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Medium-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >erm Notes</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of certain MTNs are based on quoted market prices provided by third-party sources, where available. When quoted market prices are not available, the Company applies a matrix</font><font style='font-family:Times New Roman;font-size:10pt;' > pricing grid to determine fair value based on the quoted market prices received </font><font style='font-family:Times New Roman;font-size:10pt;' >for similar instruments </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >considering </font><font style='font-family:Times New Roman;font-size:10pt;' >the MTNs&#8217; stated maturity and interest rate. Nonperformance risk is included in the quoted market prices and the matrix pricing grid. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company has elected to </font><font style='font-family:Times New Roman;font-size:10pt;' >measure certain </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs at fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >on a recurring basis </font><font style='font-family:Times New Roman;font-size:10pt;' >with changes in fair value reflected in earnings. MTNs are categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' > Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Investment Agreements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of investment agreements </font><font style='font-family:Times New Roman;font-size:10pt;' >are determined using discounted cash flow techniques based on contractual cash flows and observable interest rates currently being offered for similar agreements with comparable maturity dates. Investment agreements contain collateralization and terminatio</font><font style='font-family:Times New Roman;font-size:10pt;' >n agreements that substantially mitigate the nonperformance risk of the Company. As the terms of the notes are </font><font style='font-family:Times New Roman;font-size:10pt;' >private, and the timing and amount of contractual cash flows are not observable, these investment agreements are categorized in Level 3 of the fa</font><font style='font-family:Times New Roman;font-size:10pt;' >ir value hierarchy.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Variable Interest Entity Notes</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair values of VIE notes are determined</font><font style='font-family:Times New Roman;font-size:10pt;' > based on recently executed transaction prices or quoted prices where observable. When position-specific quoted prices are not observable, fair values are based o</font><font style='font-family:Times New Roman;font-size:10pt;' >n quoted prices of similar securities. Fair values based on quoted prices of similar securities may be adjusted for factors unique to the securities, including any credit enhancement. When observable quoted prices are not available, fair value is determine</font><font style='font-family:Times New Roman;font-size:10pt;' >d based on discounted cash flow techniques of the underlying collateral using observable and unobservable inputs. Observable inputs include interest rate yield curves and bond spreads of similar securities. Unobservable inputs include the value of any cred</font><font style='font-family:Times New Roman;font-size:10pt;' >it enhancement. VIE notes are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivatives </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The corporate segment has entered into derivative tr</font><font style='font-family:Times New Roman;font-size:10pt;' >ansactions primarily consisting of interest rate swaps. Fair values of </font><font style='font-family:Times New Roman;font-size:10pt;' >over-the-counter</font><font style='font-family:Times New Roman;font-size:10pt;' > derivatives are determined using valuation models based on observable inputs, nonperformance risk of the Company and nonperformance risk of the counterparties. Observab</font><font style='font-family:Times New Roman;font-size:10pt;' >le and market-based inputs include interest rate yields, credit spreads and volatilities. These derivatives are categorized in Level 2 or Level 3 of the fair value hierarchy based on the lowest level input that is significant to the fair value measurement </font><font style='font-family:Times New Roman;font-size:10pt;' >in its entirety.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivatives&#8212;Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The derivative contracts insured by the Company cannot be legally traded and generally do not have observable market prices. The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >determines the fair values of insured credit derivatives using valuation models</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >based on observable inputs and considering nonperformance risk of the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >. Negotiated settlements are also considered to validate the valuation models and to </font><font style='font-family:Times New Roman;font-size:10pt;' >reflect assumptions the Company believes </font><font style='font-family:Times New Roman;font-size:10pt;' >market participant</font><font style='font-family:Times New Roman;font-size:10pt;' >s would use</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Valuation Model Overvi</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ew</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >used </font><font style='font-family:Times New Roman;font-size:10pt;' >an internally developed Direct Price Model to value </font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >insured </font><font style='font-family:Times New Roman;font-size:10pt;' >credit derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >that incorporate</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > market prices or estimated prices of similar securities that are obtained for all collateral within a transaction, the present value of the market-implied potential losses, and nonperformance risk. </font><font style='font-family:Times New Roman;font-size:10pt;' >The valuation of </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >insured</font><font style='font-family:Times New Roman;font-size:10pt;' > credit </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative includes t</font><font style='font-family:Times New Roman;font-size:10pt;' >he impact of its credit standing. The insured credit derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >is</font><font style='font-family:Times New Roman;font-size:10pt;' > categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' > Level 3 of the fair value hierarchy based on unobservable inputs that are significant to the fair value measurement in its entirety.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Prior to 2017, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company use</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > the B</font><font style='font-family:Times New Roman;font-size:10pt;' >inom</font><font style='font-family:Times New Roman;font-size:10pt;' >ial </font><font style='font-family:Times New Roman;font-size:10pt;' >E</font><font style='font-family:Times New Roman;font-size:10pt;' >xpansion </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >echnique (&#8220;BET&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > Model</font><font style='font-family:Times New Roman;font-size:10pt;' > and the Direct Price Model to value insured CDS contracts. The BET Model </font><font style='font-family:Times New Roman;font-size:10pt;' >estimate</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > what a bond insurer would charge to guarantee a transaction at the measurement date, based on the market-implied default risk of the un</font><font style='font-family:Times New Roman;font-size:10pt;' >derlying collateral and the remaining structural protection in a deductible or subordination.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Inputs to the process of determining fair value for structured transactions using the BET Model include estimates of collateral loss, allocation of loss to separa</font><font style='font-family:Times New Roman;font-size:10pt;' >te tranches of the capital structure, </font><font style='font-family:Times New Roman;font-size:10pt;' >credit spreads, recovery rates and nonperformance risk and weighted average life.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >lso </font><font style='font-family:Times New Roman;font-size:10pt;' >has other </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative</font><font style='font-family:Times New Roman;font-size:10pt;' > liabilities as a result of </font><font style='font-family:Times New Roman;font-size:10pt;' >a commutation</font><font style='font-family:Times New Roman;font-size:10pt;' > occurring in 2014. </font><font style='font-family:Times New Roman;font-size:10pt;' >The fair value of the derivative is de</font><font style='font-family:Times New Roman;font-size:10pt;' >termined using a discounted cash flow model. Key inputs include unobservable cash flows projected over the expected term of the derivative.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >As </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >significant inputs are </font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >observable, </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >derivative contract </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' > Level </font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > of the fair value hier</font><font style='font-family:Times New Roman;font-size:10pt;' >archy. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other Liabilities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Stock warrants issued by the Company are valued using the Black-Scholes model and are recorded at fair value. Inputs into the warrant valuation include the Company&#8217;s stock price, </font><font style='font-family:Times New Roman;font-size:10pt;' >the strike price of the warrant, time to expiration, </font><font style='font-family:Times New Roman;font-size:10pt;' >a volatility parameter, interest rates, and dividend data. As all significant inputs are market-based and observable, warrants are categorized </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' > Level 2 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Other payable relate</font><font style='font-family:Times New Roman;font-size:10pt;' >s to </font><font style='font-family:Times New Roman;font-size:10pt;' >certain contingent consideration. The fair value of the liability is based on the cash flow methodologies using observable and unobservable inputs. Unobservable inputs include invested asset balances and asset management fees that are significant to t</font><font style='font-family:Times New Roman;font-size:10pt;' >he fair value estimate and the liability is categorized in Level 3 of the fair value hierarchy.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Held For Sale</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of December 31, 2016, the Company estimated the fair value of the assets and liabilities of MBIA UK held for sale based on the fair value of th</font><font style='font-family:Times New Roman;font-size:10pt;' >e expected total consideration for the sale of MBIA UK.&#160;The fair value of the sale consideration is categorized in Level 2 of the fair value hierarchy. Refer to &#8220;Note 1: Business Developments and Risks and Uncertainties&#8221; for additional information about th</font><font style='font-family:Times New Roman;font-size:10pt;' >e sale of MBIA UK.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Guarantees</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Gross Financial Guarantees</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212;The fair value of gross financial guarantees is determined using discounted cash flow techniques based on inputs that include (i) assumptions of expected losses on financial guarantee po</font><font style='font-family:Times New Roman;font-size:10pt;' >licies where loss reserves have not been recognized, (ii) amount of losses expected on financial guarantee policies where loss reserves have been established, net of expected recoveries, (iii) the cost of capital reserves required to support the financial </font><font style='font-family:Times New Roman;font-size:10pt;' >guarantee liability, (iv) operating expenses, and (v) discount rates</font><font style='font-family:Times New Roman;font-size:10pt;' > which reflect the expected nonperformance risk and recovery rates of the Company. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The carrying value of the Company&#8217;s gross financial guarantees consists of unearned premium revenue and</font><font style='font-family:Times New Roman;font-size:10pt;' > loss and LAE reserves, net of the insurance loss recoverable as reported on </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;text-decoration:underline;margin-left:0pt;' >Ceded Financial Guarantees</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212; The fair value of ceded financial guarantees is determined by applying the percentage ceded to reinsurers t</font><font style='font-family:Times New Roman;font-size:10pt;' >o the related fair value of the gross financial guarantees. The carrying value of ceded financial guarantees consists of prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses as reported within &#8220;Other assets&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of gross salv</font><font style='font-family:Times New Roman;font-size:10pt;' >age payable to reinsurers as reported w</font><font style='font-family:Times New Roman;font-size:10pt;' >ithin &#8220;Other </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; on the Company&#8217;s consolidated balance sheets.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Significant Unobservable Inputs</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables provide quantitative information regarding the significant unobservable inputs used by the Company for assets and liabilities measured at fair value on a recurring basis as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,679</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-25% - 35% (-2%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples of EBITDA</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >407</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets adjusted for</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0% - 60% (36%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  financial guarantees provided</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS </font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >54% - 54% (54%)</font></td></tr><tr style='height:7.15pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$0 - $49 ($25)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></sup></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='6' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Negative percentage represents financial guarantee policies in a receivable position. </font></td></tr><tr style='height:11.25pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Unobservable inputs are primarily based on comparable companies&#39; EBITDA multiples.</font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >916</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 28% (3%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples of EBITDA</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >476</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 54% (24%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 40% (33%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >62</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10% - 32% (32%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.1 - 1.5 (1.3)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 35% (30%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58% - 58% (58%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$0 - $83 ($42)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:334.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:334.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Unobservable inputs are primarily based on comparable companies&#39; EBITDA multiples.</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Sensitivity of Significant Unobservable Inputs</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable input</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > used in the fair value measurement of the Company&#8217;s loans receivable at fair value of consolidated VIEs </font><font style='font-family:Times New Roman;font-size:10pt;' >are t</font><font style='font-family:Times New Roman;font-size:10pt;' >he impact of the financial guarantee</font><font style='font-family:Times New Roman;font-size:10pt;' > and multiples</font><font style='font-family:Times New Roman;font-size:10pt;' >. The fair value of loans receivable </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > calculated by subtracting the value of the financial guarantee from the market value of VIE liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' > and methodologies using multiples of EBITDA</font><font style='font-family:Times New Roman;font-size:10pt;' >. The value of a financial guarantee is estimated by the Company as th</font><font style='font-family:Times New Roman;font-size:10pt;' >e present value of expected cash payments</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of recoveries, </font><font style='font-family:Times New Roman;font-size:10pt;' >under the policy. </font><font style='font-family:Times New Roman;font-size:10pt;' >As the value of the financial guarantee provided by the Company under the insurance policy increases, there is a lower expected cash flow on the underlying loans receivable of </font><font style='font-family:Times New Roman;font-size:10pt;' >the VIE. </font><font style='font-family:Times New Roman;font-size:10pt;' >This results in a lower fair value of the loans receivable in relation to the obligations of the VIE.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Multiples are external factors that are considered when determining the fair values of corporate loans. These loans are to privately held compani</font><font style='font-family:Times New Roman;font-size:10pt;' >es for which MBIA has limited information. Therefore, the Company uses multiples of EBITDA of comparable companies and any increase or decrease in these multiples would result in an increase or decrease in the fair values of the loans, respectively. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The s</font><font style='font-family:Times New Roman;font-size:10pt;' >ignificant unobservable inputs used in the fair value measurement of the Company&#8217;s loan repurchase commitments of consolidated VIEs are the recovery rates and breach rates. Recovery rates reflect the estimates of future cash flows reduced for litigation de</font><font style='font-family:Times New Roman;font-size:10pt;' >lays and risks and/or potential financial distress of the sellers/servicers. The estimated recoveries of the loan repurchase commitments may differ from the actual recoveries that may be received in the future. Breach rates represent the rate at which mort</font><font style='font-family:Times New Roman;font-size:10pt;' >gages fail to comply with stated representations and warranties of the sellers/servicers. Significant increases or decreases in the recovery rates and the breach rates would result in significantly higher or lower fair values of the loan repurchase commitm</font><font style='font-family:Times New Roman;font-size:10pt;' >ents, respectively. Additionally, changes in the legal environment and the ability of the counterparties to pay would impact the recovery rate assumptions, which could significantly impact the fair value measurement. Any significant challenges by the count</font><font style='font-family:Times New Roman;font-size:10pt;' >erparties to the Company&#8217;s determination of breaches of representations and warranties could </font><font style='font-family:Times New Roman;font-size:10pt;' >have a material </font><font style='font-family:Times New Roman;font-size:10pt;' >adverse impact </font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >the fair value measurement. Recovery rates and breach rates are determined independently. Changes in one input will not necessari</font><font style='font-family:Times New Roman;font-size:10pt;' >ly have any impact on the other input.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable input used in the fair value measurement of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' > notes of consolidated VIEs is the impact of the financial guarantee. The fair value of VIE notes is calculated by adding the v</font><font style='font-family:Times New Roman;font-size:10pt;' >alue of the financial guarantee to the market value of VIE assets. The value of a financial guarantee is estimated by the Company as the present value of expected cash payments under the policy. As the value of the guarantee provided by the Company to the </font><font style='font-family:Times New Roman;font-size:10pt;' >obligations issued by the VIE increases, the credit support adds value to the liabilities of the VIE. This results in an increase in the fair value of the liabilities of the VIE.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Effective in 2017, the Company changed its technique on valuing its </font><font style='font-family:Times New Roman;font-size:10pt;' >commercia</font><font style='font-family:Times New Roman;font-size:10pt;' >l mortgage-backed securities (&#8220;CMBS&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >redit derivative</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to the Direct Price Model from the BET Model. The </font><font style='font-family:Times New Roman;font-size:10pt;' >significant unobservable input</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >used in the fair value measurement </font><font style='font-family:Times New Roman;font-size:10pt;' >was </font><font style='font-family:Times New Roman;font-size:10pt;' >nonperformance risk. The nonperformance risk is an assumption of MBIA Corp.&#8217;s ow</font><font style='font-family:Times New Roman;font-size:10pt;' >n ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Any significant increase or decrease in MBIA Corp.&#8217;s nonperformance risk would result in a decrease or increase in the fair value of the deri</font><font style='font-family:Times New Roman;font-size:10pt;' >vative liabilities, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >Prior to 2017, the Company used the BET Model to value its </font><font style='font-family:Times New Roman;font-size:10pt;' >CMBS </font><font style='font-family:Times New Roman;font-size:10pt;' >credit derivatives</font><font style='font-family:Times New Roman;font-size:10pt;' >. The </font><font style='font-family:Times New Roman;font-size:10pt;' >significant unobservable input</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >used </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >the fair value measurement of its CMBS credit derivatives were CMBS spreads, recovery rates, n</font><font style='font-family:Times New Roman;font-size:10pt;' >onperformance risk and weighted average life. The CMBS spread is an indicator of credit risk of the collateral securities. The recovery rate represents the percentage of notional expected to be recovered after an asset defaults, indicating the severity of </font><font style='font-family:Times New Roman;font-size:10pt;' >a potential loss. The nonperformance risk is an assumption of MBIA Corp.&#8217;s own ability to pay and whether MBIA Corp. will have the necessary resources to pay the obligations as they come due. Weighted average life is based on the Company&#8217;s estimate of when</font><font style='font-family:Times New Roman;font-size:10pt;' > the principal of the underlying collateral of the CMBS structure will be repaid. A significant increase or decrease in CMBS spreads would result in an increase or decrease in the fair value of the derivative liability, respectively. A significant increase</font><font style='font-family:Times New Roman;font-size:10pt;' > in weighted average life can result in an increase or decrease in the fair value of the derivative liability, depending on the discount rate and the timing of significant losses. Any significant increase or decrease in recovery rates, or MBIA Corp.&#8217;s nonp</font><font style='font-family:Times New Roman;font-size:10pt;' >erformance risk would result in a decrease or increase in the fair value of the derivative liabilities, respectively. CMBS spreads, recovery rates, nonperformance risk and weighted average lives are determined independently. Changes in one input will not n</font><font style='font-family:Times New Roman;font-size:10pt;' >ecessarily have any impact on the other inputs.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The significant unobservable input used in the fair value measurement of</font><font style='font-family:Times New Roman;font-size:10pt;' > MBIA Corp.&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >other derivatives, which are valued using </font><font style='font-family:Times New Roman;font-size:10pt;' >a discounted cash flow m</font><font style='font-family:Times New Roman;font-size:10pt;' >odel</font><font style='font-family:Times New Roman;font-size:10pt;' >, is</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >estimates of future cash flows </font><font style='font-family:Times New Roman;font-size:10pt;' >discounted using market rates and CDS spreads. </font><font style='font-family:Times New Roman;font-size:10pt;' >Any significant increase or decrease in </font><font style='font-family:Times New Roman;font-size:10pt;' >future cash flows </font><font style='font-family:Times New Roman;font-size:10pt;' >would result in a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >increase</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >decrease</font><font style='font-family:Times New Roman;font-size:10pt;' > in the fair value of the derivative liabilit</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Measurements</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables prese</font><font style='font-family:Times New Roman;font-size:10pt;' >nt the fair value of the Company&#8217;s assets (including short-term investments) and liabilities measured and reported at fair value on a recurring basis as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,256</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,352</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >858</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >858</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,338</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,340</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >368</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >178</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >183</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:174pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,256</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,058</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,328</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-income fund</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >108</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >108</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >759</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >759</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:201pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:201pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,608</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,272</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,140</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,102</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other payable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >663</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,069</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >864</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >595</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,459</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.15pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:10.9pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.   </font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.85pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.85pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >825</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >937</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,440</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,440</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,332</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,334</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >868</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >868</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >257</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >301</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >825</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,113</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,999</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >521</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >521</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-income fund</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >75</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >404</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >404</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:199.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:199.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,559</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,378</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,552</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,564</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >875</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >476</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,351</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,123</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >661</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,784</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy. </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Level 3 assets at fair value as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > represented approximately </font><font style='font-family:Times New Roman;font-size:10pt;' > 30</font><font style='font-family:Times New Roman;font-size:10pt;' >% and </font><font style='font-family:Times New Roman;font-size:10pt;' > 21</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively, of total assets measured at fair value. Level 3 liabilities at fair value</font><font style='font-family:Times New Roman;font-size:10pt;' > as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > represented approximately </font><font style='font-family:Times New Roman;font-size:10pt;' > 41</font><font style='font-family:Times New Roman;font-size:10pt;' >% and </font><font style='font-family:Times New Roman;font-size:10pt;' > 37</font><font style='font-family:Times New Roman;font-size:10pt;' >%, respectively, of total liabilities measured at fair value. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables present the fair values and carrying va</font><font style='font-family:Times New Roman;font-size:10pt;' >lues of the Company&#8217;s assets and liabilities that are disclosed at fair value but </font><font style='font-family:Times New Roman;font-size:10pt;' >not reported at fair value on the Company&#8217;s consolidated balance sheets as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p><p style='text-align:left;line-height:12pt;' ></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other Observable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >918</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >892</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,002</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,002</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,121</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >650</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >433</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >433</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >337</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >352</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,268</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,354</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,755</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,109</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,328</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,785</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,785</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Other Observable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >308</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,184</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,199</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >794</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >508</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >508</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >399</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >882</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >882</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,868</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,898</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,069</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,638</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,638</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >995</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables present information about changes in Level 3 assets (including short-term investments) and liabilities measured at fair value on a recurring basis for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2017</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >44</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(41)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >   residential</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >916</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >79</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(236)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >759</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >79</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >   corporate</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >150</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >89</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >719</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(38)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >920</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >89</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >404</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >407</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >17</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td></tr><tr style='height:9.95pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,552</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >170</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >737</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(324)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,140</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >168</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >101</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >115</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >63</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(34)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other payable</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >476</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(56)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >406</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >661</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >53</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(141)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >595</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >70</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td colspan='40' rowspan='1' style='width:552pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2016</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >29</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(32)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >38</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >44</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >41</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >122</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(39)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(125)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  residential</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,185</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(258)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >916</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  corporate</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >107</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >146</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(107)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >150</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >396</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >404</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,834</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >32</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >278</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(344)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(109)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >17</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(144)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,552</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.25pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >161</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(56)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >101</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >85</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >43</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(21)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,267</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(146)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(631)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >476</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,531</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >43</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(45)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(245)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(631)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >661</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(38)</font></td></tr><tr style='height:12pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >or the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, t</font><font style='font-family:Times New Roman;font-size:10pt;' >ransfers into Level 3 </font><font style='font-family:Times New Roman;font-size:10pt;' >and out of Level 2 </font><font style='font-family:Times New Roman;font-size:10pt;' >were principally related to </font><font style='font-family:Times New Roman;font-size:10pt;' >CMBS and corporate obligations, </font><font style='font-family:Times New Roman;font-size:10pt;' >where inputs, which are significant to their valuation, became unobservable during the period. </font><font style='font-family:Times New Roman;font-size:10pt;' >CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >, CMBS</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >orporate obligations</font><font style='font-family:Times New Roman;font-size:10pt;' > and other asset-backed</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >comprised the majority of the instruments transferred out of Level 3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepayment spe</font><font style='font-family:Times New Roman;font-size:10pt;' >eds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into or out of Level 1</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >or the </font><font style='font-family:Times New Roman;font-size:10pt;' >year ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ransfers into Level 3 </font><font style='font-family:Times New Roman;font-size:10pt;' >and out of L</font><font style='font-family:Times New Roman;font-size:10pt;' >evel 2 </font><font style='font-family:Times New Roman;font-size:10pt;' >were principally related to </font><font style='font-family:Times New Roman;font-size:10pt;' >other asset-backed, </font><font style='font-family:Times New Roman;font-size:10pt;' >CMBS, </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >orporate obligations</font><font style='font-family:Times New Roman;font-size:10pt;' >, state and municipal bonds, and RMBS, </font><font style='font-family:Times New Roman;font-size:10pt;' >where inputs, which are significant to their valuation, became unobservable during the period. </font><font style='font-family:Times New Roman;font-size:10pt;' >State and municipal </font><font style='font-family:Times New Roman;font-size:10pt;' >bonds</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >orporate obligations</font><font style='font-family:Times New Roman;font-size:10pt;' > and other asset-backed</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >comprised the majority of the instruments transferred out of Level 3 where inputs, which are significant to their valuation, became observable during the period. These inputs included spreads, prepaym</font><font style='font-family:Times New Roman;font-size:10pt;' >ent speeds, default speeds, default severities, yield curves observable at commonly quoted intervals, and market corroborated inputs. There were no transfers into or out of Level 1</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >All Level 1, 2 and 3 designations are made at the end of each accounting p</font><font style='font-family:Times New Roman;font-size:10pt;' >eriod.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >G</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eal</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ude</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ni</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >relating </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >Le</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l 3 </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >li</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >bili</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >oli</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >s:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Change in Unrealized Gains (Losses)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for the Period Included in Earnings</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Gains (Losses)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for Assets and Liabilities still</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Included in Earnings</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >held as of December 31, </font></td></tr><tr style='height:4.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:3pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Revenues:</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >159</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >145</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gains (losses) and other</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   settlements on insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(51)</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(43)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(28)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs:</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   Net gains (losses) on financial instruments </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >      at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td></tr><tr style='height:13.5pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >206</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value Option</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company elected to record at fair value certain financial instruments that have been consolidated in connection with the adoption of the accounting guidance for consolidation of VIEs, among others.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the </font><font style='font-family:Times New Roman;font-size:10pt;' >changes in fair value included in the Company&#8217;s consolidated statements of operations for the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >for </font><font style='font-family:Times New Roman;font-size:10pt;' >financial instruments for which the fair value option was elected:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investments carried at fair value</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity securities held at fair value-VIE</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(124)</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(146)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(158)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(268)</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(246)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loan repurchase commitments</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Medium-term notes</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable interest entity notes </font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >383</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >381</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >___________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ega</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >gg</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ega</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >inin</font><font style='font-family:Times New Roman;font-size:10pt;' >g c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >bala</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ndin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >loans and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wh</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2016</font></td></tr><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >732</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >727</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >965</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >894</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >170</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >138</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,394</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >474</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total loans receivable at fair value</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,296</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,679</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >617</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,258</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,066</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,882</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,069</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >813</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,449</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,351</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,098</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >158</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The difference between the contractual outstanding principal and the fair values </font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ns r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes</font><font style='font-family:Times New Roman;font-size:10pt;' > and MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >, in the preceding table</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > are primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >k. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >due </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >gh</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >at</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ppor</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes</font><font style='font-family:Times New Roman;font-size:10pt;' > and the nonperformance risk of the Company on its MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >which </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pr</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ng</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueDisclosuresTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 21<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13537-108611<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13504-108611<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900528528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesTextBlock', window );">Investments</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 8: Investments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investments, excluding those elected under the fair value option, include debt and equity securities classified as either AFS or HTM. Other AFS investments primarily comprise money market funds. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >, corresponding gross unrealized gains and losses and OTTI for AFS and HTM investments in the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >te</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >tf</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:339pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:339pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,317</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,345</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >840</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >857</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,332</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(80)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,277</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(72)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >365</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >362</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >35</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >66</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >66</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,256</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >90</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,240</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >179</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >179</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,438</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >91</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,423</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:556.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:556.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >909</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >30</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >929</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,382</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,439</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,352</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(102)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,270</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(73)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >871</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >862</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >294</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >293</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,929</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >128</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(148)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,909</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >517</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >517</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,450</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >129</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(148)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,431</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(75)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:545.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:545.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >bu</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS and HTM f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >-m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >securities </font><font style='font-family:Times New Roman;font-size:10pt;' >at a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Con</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ua</font><font style='font-family:Times New Roman;font-size:10pt;' >l m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >bo</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >s m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ob</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >iga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:123pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:12.75pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:123pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated VIEs</font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due in one year or less</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >674</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >674</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after one year through five years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,159</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after five years through ten years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >601</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >540</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after ten years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,067</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,116</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed and asset-backed</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >757</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >751</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,256</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,240</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Deposited and Pledged Securities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >depo</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >egu</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >au</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ho</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >11</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >equi</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >law</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Pursuant to the Company&#8217;s tax sharing agreement, securities held by MBIA Inc. in the Tax Escrow Account are included as &#8220;Investments pledged as collateral, at fair value&#8221; on the Company&#8217;s consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >balance sheets.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > obligations </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >equ</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >ple</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >al. </font><font style='font-family:Times New Roman;font-size:10pt;' >Securities pledged in connection with investment agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > may not be repled</font><font style='font-family:Times New Roman;font-size:10pt;' >ged by the investment agreement counterparty. </font><font style='font-family:Times New Roman;font-size:10pt;' >As</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ledge</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >olla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > for these </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >app</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >353</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >llio</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >416</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lion</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >olla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ipal</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ry</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >go</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ag</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >cy</font><font style='font-family:Times New Roman;font-size:10pt;' > and state and municipal bonds</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >wa</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hel</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >j</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ban</font><font style='font-family:Times New Roman;font-size:10pt;' >ks.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >ddi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >all</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pledg</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d m</font><font style='font-family:Times New Roman;font-size:10pt;' >one</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >rk</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >as </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >oll</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > m</font><font style='font-family:Times New Roman;font-size:10pt;' >il</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >io</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Impaired Investments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables present the gross unrealized losses related to AFS and HTM investments as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >353</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >477</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >319</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >425</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(77)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >588</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(80)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >261</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >110</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,204</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >617</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(93)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,821</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(106)</font></td></tr><tr style='height:13.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >432</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >432</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >339</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >357</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >534</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(73)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >586</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(102)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >436</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >558</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >161</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,872</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(62)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(86)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,172</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(148)</font></td></tr><tr style='height:7.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Gross unrealized losses on AFS investments decreased as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >compared with </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily due to tightening credit spreads and lower long-term interest rates. Gross unrealized losses on HTM investments decreased as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >compared with </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >primarily due to tightening credit spreads. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >With the weighting applied on the fair value of each security relative to the total fair value, the weighted average contractual maturity of securities in </font><font style='font-family:Times New Roman;font-size:10pt;' >an unrealized loss position as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > was </font><font style='font-family:Times New Roman;font-size:10pt;' >12</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >22</font><font style='font-family:Times New Roman;font-size:10pt;' > years</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, there were </font><font style='font-family:Times New Roman;font-size:10pt;' >133</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >46</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, respectively, that were in an unrealized loss position for a continuous twelve-month period or longer, of which</font><font style='font-family:Times New Roman;font-size:10pt;' >, fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > of </font><font style='font-family:Times New Roman;font-size:10pt;' >24</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >12</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >securities, res</font><font style='font-family:Times New Roman;font-size:10pt;' >pectively, were below book</font><font style='font-family:Times New Roman;font-size:10pt;' > value by more than </font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' >%.  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the distribution of securities in an unrealized loss position for a continuous twelve-month period or longer where fair value was below book value by more than 5% as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:9pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage of Fair Value</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:9pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Below Book Value</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 5% to 15%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >76</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 15% to 25%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 25% to 50%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 50%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >111</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company concluded that it does not have the intent to sell securities in an unrealized loss position and it is more likely </font><font style='font-family:Times New Roman;font-size:10pt;' >than not, that it w</font><font style='font-family:Times New Roman;font-size:10pt;' >ould</font><font style='font-family:Times New Roman;font-size:10pt;' > not have to sell these securities before recovery of their cost basis. In making this conclusion, the Company examined the cash flow projections for its investment portfolios, the potential sources and uses of cash in its businesses</font><font style='font-family:Times New Roman;font-size:10pt;' >, and the cash resources available to its business other than sales of securities. It also considered the existence of any risk management or other plans as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >that would require the sale of impaired securities. Impaired securities tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t the Company intends to sell before the expected recovery of such securities&#8217; fair values have been written down to fair value.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Evaluating AFS Securities for OTTI</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has an ongoing review process for all securities in its investment portfolio, including a quarterly assessment of </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' >. This evaluation includes both qualitative and </font><font style='font-family:Times New Roman;font-size:10pt;' >quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, including but not limited to (i) the magnitude and duration of declines in fair value; (ii) the reasons for the decline</font><font style='font-family:Times New Roman;font-size:10pt;' >s in fair value, such as general credit spread movements in each asset-backed sector, transaction-specific changes in credit spreads, credit rating downgrades, modeled defaults, and principal and interest payment priorities within each investment structure</font><font style='font-family:Times New Roman;font-size:10pt;' >; and (iii) any guarantees associated with a security such as those provided by financial guarantee insurance companies, including MBIA Corp. and National.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In calculating credit-related losses, the Company u</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' >s cash flow modeling based on the type of secur</font><font style='font-family:Times New Roman;font-size:10pt;' >ity. The Company&#8217;s cash flow analysis considers all sources of cash, including credit enhancement, that support the payment of amounts owed by an issuer of a security. This includes the consideration of cash expected to be provided by financial guarantors,</font><font style='font-family:Times New Roman;font-size:10pt;' > including MBIA Corp.</font><font style='font-family:Times New Roman;font-size:10pt;' > and National</font><font style='font-family:Times New Roman;font-size:10pt;' >, resulting from an actual or potential insurance policy claim. In general, any change in the amount and/or timing of cash flows received or expected to be received, whether or not such cash flows are contractually defined</font><font style='font-family:Times New Roman;font-size:10pt;' >, is reflected in the Company&#8217;s cash flow analysis for purposes of assessing an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss on an impaired security.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Each quarter, an internal committee, comprising staff that is independent of the Company&#8217;s evaluation process for determining </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI </font><font style='font-family:Times New Roman;font-size:10pt;' >of securit</font><font style='font-family:Times New Roman;font-size:10pt;' >ies, reviews and approves the valuation of investments. Among other responsibilities, this committee ensures that the Company&#8217;s process for identifying and calculating </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' >, including the use of models and assumptions, is reasonable and complies with the C</font><font style='font-family:Times New Roman;font-size:10pt;' >ompany&#8217;s internal policy</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Determination of Credit Loss on ABS, MBS and Corporate Obligations</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >ABS investments are evaluated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using historical collateral performance, deal waterfall and structural protections, credit ratings, and forward looking proj</font><font style='font-family:Times New Roman;font-size:10pt;' >ections of collateral performance based on business and economic conditions specific to each collateral type and risk. The underlying collateral is evaluated to identify any specific performance concerns, and stress scenarios are considered in forecasting </font><font style='font-family:Times New Roman;font-size:10pt;' >ultimate returns of principal. Based on this evaluation, if a principal default is projected for a security, estimated future cash flows are discounted at the security&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > effective interest rate used to recognize interest income on the security</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >For CDO inv</font><font style='font-family:Times New Roman;font-size:10pt;' >estments, the Company uses the same tools as its RMBS investments discussed below, aggregating the bond level cash flows to the CDO investment level. </font><font style='font-family:Times New Roman;font-size:10pt;' >If the present value of cash flows is less than the Company&#8217;s amortized cost for the security, the differe</font><font style='font-family:Times New Roman;font-size:10pt;' >nce is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >RMBS investments are evaluated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using </font><font style='font-family:Times New Roman;font-size:10pt;' >several </font><font style='font-family:Times New Roman;font-size:10pt;' >quantitative tools. Loan level data </font><font style='font-family:Times New Roman;font-size:10pt;' >is</font><font style='font-family:Times New Roman;font-size:10pt;' > obtained and analyzed in a model that produces prepayment, default, and severity vectors. The model u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >es macro inputs, including h</font><font style='font-family:Times New Roman;font-size:10pt;' >ousing price assumptions and interest rates. The vector outputs are used as inputs to a third-party cash flow model, which considers deal waterfall dynamics and structural features, to generate cash flows for an RMBS investment. The </font><font style='font-family:Times New Roman;font-size:10pt;' >expected cash flows of </font><font style='font-family:Times New Roman;font-size:10pt;' >the security are</font><font style='font-family:Times New Roman;font-size:10pt;' > then discounted at the </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rate used to recognize interest income of the </font><font style='font-family:Times New Roman;font-size:10pt;' >security</font><font style='font-family:Times New Roman;font-size:10pt;' > to arrive at a present value amount</font><font style='font-family:Times New Roman;font-size:10pt;' >. If the present value of the cash flows is less than the Company&#8217;s amortized cost for the investment, the difference</font><font style='font-family:Times New Roman;font-size:10pt;' > is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Corporate obligation investments are evaluated for </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > using credit analysis techniques. The Company&#8217;s analysis includes a detailed review of a number of quantitative and qualitative factors impacting the value of an individu</font><font style='font-family:Times New Roman;font-size:10pt;' >al security. These factors include the interest rate of the security (fixed or floating), the security&#8217;s current market spread, any collateral supporting the security, the security&#8217;s position in the issuer&#8217;s capital structure, and credit rating upgrades or</font><font style='font-family:Times New Roman;font-size:10pt;' > downgrades. Additionally, these factors include an assessment of various issuer-related credit metrics including market capitalization, earnings, cash flow, capitalization, interest coverage, leverage, liquidity, management and a third-party qua</font><font style='font-family:Times New Roman;font-size:10pt;' >ntitative </font><font style='font-family:Times New Roman;font-size:10pt;' >default probability model. The Company&#8217;s analysis is augmented by comparing market prices for similar securities of </font><font style='font-family:Times New Roman;font-size:10pt;' >other issuers in the same sector, as well as any recent corporate or government actions that may impact the ultimate return of principal. If</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company determines that a principal default is projected, a recovery analysis is performed using the above data. If the Company&#8217;s estimated recovery value for the security is less than its amortized cost, the difference is recorded as an </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > loss</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Du</font><font style='font-family:Times New Roman;font-size:10pt;' >ring 2017, certain municipal bonds had liquidity concerns, recent credit downgrades and other adverse financial conditions. As a result, the Company placed these bonds on a non-accrual basis and recognized an OTTI loss for the difference between its </font><font style='font-family:Times New Roman;font-size:10pt;' >amor</font><font style='font-family:Times New Roman;font-size:10pt;' >tized cost and </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value</font><font style='font-family:Times New Roman;font-size:10pt;' >. This OTTI loss was </font><font style='font-family:Times New Roman;font-size:10pt;' >included in &#8220;Investment losses related to other-than-temporary impairments&#8221; on the Company&#8217;s consolidated statement of operations.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Determination of Credit Loss </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Guaranteed by the Company on Other Third-Party Guarantors</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company does not recognize OTTI on securities insured by MBIA Corp. and National since those securities, whether or not owned by the Company, are evaluated for impairments in accordance with its loss reserving policy. Refer to &#8220;Note 2: Significant Accounting Policies&#8221; included herein for information about the Company&#8217;s loss reserving policy and &#8220;Note 6: Loss and Loss Adjustment Expenses Reserves&#8221; for information about loss reserves.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table provides information about securities held by the Company as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >that</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >were in an unrealized loss position and insured by a financial guarantor, along with the amount of insurance loss</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >reserves corresponding to the pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r amount owned by the Company:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reserve </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></sup></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15.75pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investments insured by MBIA Corp. and National.</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Credit Loss</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Rollforward</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >OTTI</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >-m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ha</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >cr</font><font style='font-family:Times New Roman;font-size:10pt;' >edit lo</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >ni</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >F</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >se</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >ne</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ogn</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ning</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >di</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >of i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >j</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ow</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ain</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >be</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >wee</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >alu</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >and a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >st</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ogn</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The following table presents the amount of </font><font style='font-family:Times New Roman;font-size:10pt;' >credit loss impairments recognized in earnings on fixed-maturity securities held by MBIA as of the dates indicated, for which a portion of the OTTI losses was recognized in AOCI, and the corresponding changes in such amounts. The additional credit loss imp</font><font style='font-family:Times New Roman;font-size:10pt;' >airment on securities not previously impaired for the year ended December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, primarily related to municipal bonds for which a loss was recognized as the difference between its </font><font style='font-family:Times New Roman;font-size:10pt;' >amortized cost and fair value</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The additional credit loss impairments on securities previously impaired for the years ended December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, primarily related to a corporate obligation that </font><font style='font-family:Times New Roman;font-size:10pt;' >incurred liquidity concerns, ongoing credit risk and other adverse financial conditions.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:14.25pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:185.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit Losses Recognized in Earnings Related to OTTI</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Beginning balance</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities not previously impaired</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities previously impaired</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >on securities sold during the period</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized on securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >impaired to fair value during the period</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ending balance</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Sales of Available-for-Sale Investments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:11pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Gross r</font><font style='font-family:Times New Roman;font-size:10pt;' >eali</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > are recorded within &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; on the Company&#8217;s consolidated statements of operations</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The proceeds and the gross</font><font style='font-family:Times New Roman;font-size:10pt;' > realized gains and losses from sales of fixed-maturity securities held as AFS for the</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > as follows: </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:223.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Proceeds from sales </font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,256</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,412</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,145</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized gains</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >84</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized losses</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MarketableSecuritiesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2,12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MarketableSecuritiesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6899534912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Derivative Instruments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock', window );">Derivative Instruments</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 9: Derivative Instruments</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >U.S. Public Finance Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s derivative exposure within its U.S. public finance insurance operations primarily consists of insured interest rate and inflation-linked swaps related to insured U.S. public finance debt issues.</font><font style='font-family:Times New Roman;font-size:10pt;' > These derivatives do not qualify for the financial guarantee scope exception</font><font style='font-family:Times New Roman;font-size:10pt;' > and are accounted for as derivative instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >.  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Corporate</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s primarily consisting of interest rate swaps to</font><font style='font-family:Times New Roman;font-size:10pt;' > manage</font><font style='font-family:Times New Roman;font-size:10pt;' > the risks a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssociated with fluctuations in interest rates</font><font style='font-family:Times New Roman;font-size:10pt;' > affecting the value </font><font style='font-family:Times New Roman;font-size:10pt;' >of certain</font><font style='font-family:Times New Roman;font-size:10pt;' > assets and liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >na</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >on</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >l</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >and S</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >d</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >F</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >an</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >an</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has </font><font style='font-family:Times New Roman;font-size:10pt;' >entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >to provide </font><font style='font-family:Times New Roman;font-size:10pt;' >financial guarantee</font><font style='font-family:Times New Roman;font-size:10pt;' > insurance to structured finance transactions that </font><font style='font-family:Times New Roman;font-size:10pt;' >do not qualify for the financial guarantee scope exception and, therefore, </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >accounted for as derivative</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >. These insured CDS contracts, primarily referencing </font><font style='font-family:Times New Roman;font-size:10pt;' >CMBS, </font><font style='font-family:Times New Roman;font-size:10pt;' >are intended to be held for the entire </font><font style='font-family:Times New Roman;font-size:10pt;' >term of the contract </font><font style='font-family:Times New Roman;font-size:10pt;' >unless </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >settlement with the counterparty</font><font style='font-family:Times New Roman;font-size:10pt;' > is negotiated</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company no longer insures new CDS contracts except for transactions related to the restructuring or reduction of existing derivative exposure. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s derivative exposu</font><font style='font-family:Times New Roman;font-size:10pt;' >re within its international and structured finance insurance segment also includes insured interest rate and inflation-linked swaps related to insured debt issues.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has also entered into a derivative contract as a result of a co</font><font style='font-family:Times New Roman;font-size:10pt;' >mmutation occurring in 2014. Changes in the fair value of the Company&#8217;s non-insured derivative are included in &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; on the Company&#8217;s consolidated statements of operations. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Variabl</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e Interest Entities</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs consolidated by the Company have entered into derivative </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s consisting of </font><font style='font-family:Times New Roman;font-size:10pt;' >cross currency swaps</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Cross currency swaps are entered into to </font><font style='font-family:Times New Roman;font-size:10pt;' >manage</font><font style='font-family:Times New Roman;font-size:10pt;' > the variability in cash flows resulting from fluctuations in foreign currency </font><font style='font-family:Times New Roman;font-size:10pt;' >rates</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Credit Derivatives Sold</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > present information about credit derivatives sold by the Company&#8217;s insurance operations that were outstanding as </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. Credit</font><font style='font-family:Times New Roman;font-size:10pt;' > ratings represent the lower of underlying ratings assigned </font><font style='font-family:Times New Roman;font-size:10pt;' >to the collateral </font><font style='font-family:Times New Roman;font-size:10pt;' >by </font><font style='font-family:Times New Roman;font-size:10pt;' >Moody&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' >, S&amp;P or MBIA.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:17.25pt;' ><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='22' rowspan='1' style='width:429.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:429.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:44.25pt;' ><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.0 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >127</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >127</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(63)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15.5 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >846</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,801</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >846</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,928</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(63)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(65)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:16.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:434.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' > As of December 31, 2016</font></td></tr><tr style='height:13.5pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:52.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3.8 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >115</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >473</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >588</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(64)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15.7 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >137</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,146</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >732</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,035</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps - held for sale</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14.3 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >420</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >420</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >137</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,261</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,152</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >493</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,043</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(64)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(66)</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Internal credit ratings assigned by MBIA on the underlying collateral are derived b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >Co</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >pan</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ill</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ign</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >rr</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >epo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >ue</font><font style='font-family:Times New Roman;font-size:10pt;' >rs</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >el</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >ubli</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >ai</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >able </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >rm</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >iew</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >whe</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >ap</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >sh </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >al</font><font style='font-family:Times New Roman;font-size:10pt;' >ys</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d c</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >ua</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re c</font><font style='font-family:Times New Roman;font-size:10pt;' >on</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >id</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ym</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(</font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >un</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ed</font><font style='font-family:Times New Roman;font-size:10pt;' >)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >insured credit default </font><font style='font-family:Times New Roman;font-size:10pt;' >sw</font><font style='font-family:Times New Roman;font-size:10pt;' >aps and </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >w</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >is</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he no</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >ch</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hol</font><font style='font-family:Times New Roman;font-size:10pt;' >d r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ou</font><font style='font-family:Times New Roman;font-size:10pt;' >rse </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >rd </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >instrument</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >ub</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >ga</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >on </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >igh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >wh</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >M</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >k</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a c</font><font style='font-family:Times New Roman;font-size:10pt;' >lai</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >ym</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > may be</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >gh</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ed </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >oun</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >pa</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >y,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >lu</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >in</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e r</font><font style='font-family:Times New Roman;font-size:10pt;' >ig</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ss</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >hel</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >lla</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >al.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Counterparty Credit Risk</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company manages counterparty credit risk on an individual counterparty</font><font style='font-family:Times New Roman;font-size:10pt;' > basis through master netting agreements covering derivative instruments in the corporate segment. These agreements allow the Company to contractually net amounts due from a counterparty with those amounts due to such counterparty when certain triggering e</font><font style='font-family:Times New Roman;font-size:10pt;' >vents occur. The Company only executes swaps under master netting agreements, which typically contain mutual credit downgrade provisions that generally provide the ability to require assignment or termination in the event either MBIA or the counterparty is</font><font style='font-family:Times New Roman;font-size:10pt;' > downgraded below a specified credit rating.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under these agreements, the Company may receive or provide cash, U.S. Treasury or other highly rated securities to secure counterparties&#8217; exposure to the Company or its exposure to counterparties, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >Such collateral is available to the holder to pay for replacing the counterparty in the event that the counterparty defaults. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company did not hold </font><font style='font-family:Times New Roman;font-size:10pt;' >or post </font><font style='font-family:Times New Roman;font-size:10pt;' >cash collateral to derivative counterparties. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company did not hold cash collateral to derivative counterparties but posted cash collateral to derivative counterparties of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million is included within &#8220;Other liabilities&#8221; as cash coll</font><font style='font-family:Times New Roman;font-size:10pt;' >ateral netted against accrued interest on derivative liabilities</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had securities with a fair value of $</font><font style='font-family:Times New Roman;font-size:10pt;' >237</font><font style='font-family:Times New Roman;font-size:10pt;' > million </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >276</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively,</font><font style='font-family:Times New Roman;font-size:10pt;' > posted to deriva</font><font style='font-family:Times New Roman;font-size:10pt;' >tive counterparties and th</font><font style='font-family:Times New Roman;font-size:10pt;' >ese</font><font style='font-family:Times New Roman;font-size:10pt;' > amount</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > included within &#8220;Fixed-maturity securities held as available-for-sale, at fair value&#8221; on the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >consolidated balance sheets.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value on one Credit Support Annex (&#8220;CSA&#8221;) was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million </font><font style='font-family:Times New Roman;font-size:10pt;' >and $</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. This CSA governs collateral posting requirements between MBIA and its derivative counterparties</font><font style='font-family:Times New Roman;font-size:10pt;' >. The Company did not receive collateral due </font><font style='font-family:Times New Roman;font-size:10pt;' >to the Company&#8217;s credit rating, which was below the CSA minimum credit ratings level for holding counterparty collateral</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the counterpart</font><font style='font-family:Times New Roman;font-size:10pt;' >y was rated A1 by Moody&#8217;s and A by S&amp;</font><font style='font-family:Times New Roman;font-size:10pt;' >P.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Financial Statement Presentation</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of amounts recognized for eligible derivative contracts executed with the same counterparty under a master netting agreement, including any cash collateral that may have been received or posted by the Company, is presented on a net basis in </font><font style='font-family:Times New Roman;font-size:10pt;' >accordance with accounting guidance for the offsetting of fair value amounts related to derivative instruments. Insured CDS and insured swaps are not subject to master netting agreements. VIE derivative assets and liabilities are not presented net of any m</font><font style='font-family:Times New Roman;font-size:10pt;' >aster netting agreements.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Counterparty netting of derivative assets and liabilities offsets balances in &#8220;Interest rate swaps&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' >, when applicable.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the total fair value of the Company&#8217;s derivative assets and liabilities by instrume</font><font style='font-family:Times New Roman;font-size:10pt;' >nt and balance sheet location, before counterparty netting and posting of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >cash collateral, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >127</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(63)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,801</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >747</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(193)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >305</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,100</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(269)</font></td></tr><tr style='height:15.6pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following table presents the total fair value of the Company&#8217;s derivat</font><font style='font-family:Times New Roman;font-size:10pt;' >ive assets and liabilities by instrument and balance sheet location, before counterparty netting and posting of cash collateral</font><font style='font-family:Times New Roman;font-size:10pt;' >, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >588</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(64)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,035</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps - held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >420</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,062</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(213)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >376</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(17)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(20)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,675</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(316)</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >ol</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >owin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >able</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >ct</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ve</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >olida</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ope</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ion</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:111pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td></tr><tr style='height:9.95pt;' ><td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >21</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >157</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(51)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(40)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(28)</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >3</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(11)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(108)</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >8</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >31</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(1)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(19)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >7</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(68)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(15)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >69</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6441202&amp;loc=d3e80720-113993<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4C<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624171-113959<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41620-113959<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4B<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624163-113959<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5579240-113959<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4D<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624177-113959<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 30<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=35736893&amp;loc=d3e80784-113994<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41641-113959<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5579245-113959<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4H<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624258-113959<br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=35736893&amp;loc=d3e80748-113994<br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708775-113959<br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708773-113959<br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4A<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5618551-113959<br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1B<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5580258-113959<br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4E<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624181-113959<br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 25<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6886632&amp;loc=d3e76258-113986<br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41638-113959<br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(n))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900528528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Debt<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureTextBlock', window );">Debt</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 10: Debt</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Long-Term Debt</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s long-term debt consists of notes and debentures </font><font style='font-family:Times New Roman;font-size:10pt;' >including accrued interest</font><font style='font-family:Times New Roman;font-size:10pt;' > as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:113.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:113.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.400% Senior Notes due 2022</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >265</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.000% Debentures due 2025</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.150% Debentures due 2027</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.625% Debentures due 2028</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.700% Senior Notes due 2034</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >624</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >506</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Debt issuance costs</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(34)</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,121</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after August 15, 2006 at par.</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Callable anytime at the greater of par or the present value of the remaining scheduled</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >          payments of principal and interest.</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Contractual interest rate is based on three month LIBOR plus 11.26%.  </font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >uring </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, National purchased from MBIA Inc., </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >129</font><font style='font-family:Times New Roman;font-size:10pt;' > million principal amount of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >5.700</font><font style='font-family:Times New Roman;font-size:10pt;' >% Senior Notes due </font><font style='font-family:Times New Roman;font-size:10pt;' >2034</font><font style='font-family:Times New Roman;font-size:10pt;' > that were previously repurchased by MBIA Inc. and had not been retired.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >In addition to t</font><font style='font-family:Times New Roman;font-size:10pt;' >he preceding table</font><font style='font-family:Times New Roman;font-size:10pt;' >, a</font><font style='font-family:Times New Roman;font-size:10pt;' >s of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, National owned </font><font style='font-family:Times New Roman;font-size:10pt;' >$264 million </font><font style='font-family:Times New Roman;font-size:10pt;' >principal amount</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of the </font><font style='font-family:Times New Roman;font-size:10pt;' >5.70</font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% Senior Notes due </font><font style='font-family:Times New Roman;font-size:10pt;' >2034</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc., through </font><font style='font-family:Times New Roman;font-size:10pt;' >its corporate segment,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >owned $13 million </font><font style='font-family:Times New Roman;font-size:10pt;' >of MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >surplus notes</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and owned an additional $</font><font style='font-family:Times New Roman;font-size:10pt;' >54</font><font style='font-family:Times New Roman;font-size:10pt;' > million of Senior Notes that were previously repur</font><font style='font-family:Times New Roman;font-size:10pt;' >chased but not retired. These amounts are </font><font style='font-family:Times New Roman;font-size:10pt;' >eliminated on a consolidated basis.</font><font style='font-family:Times New Roman;font-size:10pt;' >  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Interest and principal payments on the surplus notes are subject to prior approval by the NYSDFS. </font><font style='font-family:Times New Roman;font-size:10pt;' >From the January 15, 2013 interest payment to the present, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >orp</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s reques</font><font style='font-family:Times New Roman;font-size:10pt;' >ts for approval of the note interest payments have been denied by the NYSDFS.</font><font style='font-family:Times New Roman;font-size:12pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >provide</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > notice to the Fiscal Agent </font><font style='font-family:Times New Roman;font-size:10pt;' >when it does not make </font><font style='font-family:Times New Roman;font-size:10pt;' >a scheduled interest payment. The deferred interest payment will become due on the first business day on or a</font><font style='font-family:Times New Roman;font-size:10pt;' >fter which MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >obtains approval to make such payment. No interest will accrue on the deferred interest. </font><font style='font-family:Times New Roman;font-size:10pt;' >The surplus notes were </font><font style='font-family:Times New Roman;font-size:10pt;' >callable at par at </font><font style='font-family:Times New Roman;font-size:10pt;' >the option of </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >on the fifth anniversary of the date of issuance</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >are callable at par on J</font><font style='font-family:Times New Roman;font-size:10pt;' >anuary 15, 2023 and </font><font style='font-family:Times New Roman;font-size:10pt;' >every fifth anniversary thereafter</font><font style='font-family:Times New Roman;font-size:10pt;' > and are callable on any other date at par plus a make-whole amount, </font><font style='font-family:Times New Roman;font-size:10pt;' >subject to prior approval by the Superintendent and other restrictions. The cash received from the issuance of surplus notes was used</font><font style='font-family:Times New Roman;font-size:10pt;' > for general business purposes and the deferred debt issuance costs are being amortized over the term of the surplus notes. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The aggregate maturities of principal payments of long-term debt obligations in each of the next five years ending December 31, and</font><font style='font-family:Times New Roman;font-size:10pt;' > thereafter, are as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate debt</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >308</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >573</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Surplus Notes due 2033</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total debt obligations due</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,248</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,513</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:12pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Investment Agreements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >ertain investment agreements provide for early termination</font><font style='font-family:Times New Roman;font-size:10pt;' >, including, in some cases, with make-whole payments, upon certain contingent events including the bankruptcy of MBIA Inc. or t</font><font style='font-family:Times New Roman;font-size:10pt;' >he commencement of an insolvency proceeding with respect to </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Upon the occurrence of certain contractually agreed-upon events, some of these funds may be withdrawn by the investor prior to their contractual maturity dates. </font><font style='font-family:Times New Roman;font-size:10pt;' >All of the investment ag</font><font style='font-family:Times New Roman;font-size:10pt;' >reements have been collateralized in accordance with the contractual terms.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investment agreements have been issued with either fixed or floating interest rates in U.S. dollars. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the annual interest rates on </font><font style='font-family:Times New Roman;font-size:10pt;' >these agreements range</font><font style='font-family:Times New Roman;font-size:10pt;' >d from </font><font style='font-family:Times New Roman;font-size:10pt;' >4.74</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >6.88</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >5.75</font><font style='font-family:Times New Roman;font-size:10pt;' >%. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the annual interest rates on these agreements ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >4.48</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >6.89</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >5.66</font><font style='font-family:Times New Roman;font-size:10pt;' >%. Expected principal payments due under these investment agreements in each of the next five years ending December&#160;31 and thereafter, based upon contractual maturity dates</font><font style='font-family:Times New Roman;font-size:10pt;' >, are as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:13.5pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2037)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >328</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >393</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >337</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts net of carrying amount adjustments of $61 million, net of accrued interest of $5 million.</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Medium-Term Notes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MTNs are </font><font style='font-family:Times New Roman;font-size:10pt;' >denominated in </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. dollars </font><font style='font-family:Times New Roman;font-size:10pt;' >or</font><font style='font-family:Times New Roman;font-size:10pt;' > foreign currencies </font><font style='font-family:Times New Roman;font-size:10pt;' >and accrue interest based on</font><font style='font-family:Times New Roman;font-size:10pt;' > fixed or floating interest rates. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs are measured at fair value in accordance with the accounting guidance for hybrid financial </font><font style='font-family:Times New Roman;font-size:10pt;' >instruments.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the interest ra</font><font style='font-family:Times New Roman;font-size:10pt;' >tes of the MTNs ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >6.00</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighte</font><font style='font-family:Times New Roman;font-size:10pt;' >d average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.90</font><font style='font-family:Times New Roman;font-size:10pt;' >%. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the interest rates of the MT</font><font style='font-family:Times New Roman;font-size:10pt;' >Ns ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >0</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >6.00</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighte</font><font style='font-family:Times New Roman;font-size:10pt;' >d average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.43</font><font style='font-family:Times New Roman;font-size:10pt;' >%. </font><font style='font-family:Times New Roman;font-size:10pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company repurchased $</font><font style='font-family:Times New Roman;font-size:10pt;' >160</font><font style='font-family:Times New Roman;font-size:10pt;' > million par value outstanding at a cost of approximately </font><font style='font-family:Times New Roman;font-size:10pt;' >84</font><font style='font-family:Times New Roman;font-size:10pt;' >% of par value</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' > issued by the Company&#8217;s corporate segment. </font><font style='font-family:Times New Roman;font-size:10pt;' >Expected principal payments due under MTN obligations based on their contractual maturity dates are as follows:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2036)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >847</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,065</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >765</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for notes issued at a discount.</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:16.15pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts net of carrying amount adjustments and embedded derivatives of $240 million, fair value adjustments of $65 million, net of accrued interest of $5 million.</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Variable Interest Entit</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >y Notes </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIE notes are variable interest rate debt instruments</font><font style='font-family:Times New Roman;font-size:10pt;' > that were issued primarily </font><font style='font-family:Times New Roman;font-size:10pt;' >in U.S. dollars by consolidated VIEs within the Company&#8217;s international </font><font style='font-family:Times New Roman;font-size:10pt;' >and structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance</font><font style='font-family:Times New Roman;font-size:10pt;' > segment</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >These </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes consist of </font><font style='font-family:Times New Roman;font-size:10pt;' >debt instruments issued by issuer-sponsored consolidated VIEs collateralized by assets held by those consolidated VIEs.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, f</font><font style='font-family:Times New Roman;font-size:10pt;' >or VIE notes not accounted for at fair value, </font><font style='font-family:Times New Roman;font-size:10pt;' >contractual </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rates ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >1.85</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >14.00</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >6.01</font><font style='font-family:Times New Roman;font-size:10pt;' >%.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, f</font><font style='font-family:Times New Roman;font-size:10pt;' >or VIE notes not accounted for at fair value, </font><font style='font-family:Times New Roman;font-size:10pt;' >contractual </font><font style='font-family:Times New Roman;font-size:10pt;' >interest rates ranged from </font><font style='font-family:Times New Roman;font-size:10pt;' >1.07</font><font style='font-family:Times New Roman;font-size:10pt;' >% to </font><font style='font-family:Times New Roman;font-size:10pt;' >2.77</font><font style='font-family:Times New Roman;font-size:10pt;' >% and the weighted average interest rate was </font><font style='font-family:Times New Roman;font-size:10pt;' >2.25</font><font style='font-family:Times New Roman;font-size:10pt;' >%.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In connection with the Zohar II Claim in January of 2017, MBIA Corp. entered into the Facility. The initial outstanding principal amount of the Facility was $</font><font style='font-family:Times New Roman;font-size:10pt;' >366</font><font style='font-family:Times New Roman;font-size:10pt;' > million, of which, $</font><font style='font-family:Times New Roman;font-size:10pt;' >38</font><font style='font-family:Times New Roman;font-size:10pt;' > million of subordinated financing was provided by MBIA Inc. and eliminated in consolidation. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the consolidated outstanding amount of the Facility was $</font><font style='font-family:Times New Roman;font-size:10pt;' >330</font><font style='font-family:Times New Roman;font-size:10pt;' > million. Under the Facil</font><font style='font-family:Times New Roman;font-size:10pt;' >ity, MBIA Inc. has agreed to provide an additional $</font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' > million subordinated financing to MZ Funding, which MZ Funding would then lend to MBIA Corp., if needed by MBIA Insurance Corporation for liquidity purposes. The Facility is secured by a first priority</font><font style='font-family:Times New Roman;font-size:10pt;' > security interest in all of MBIA Corp.&#8217;s right, title and interest in the recovery of its claims from the assets of Zohar I and Zohar II which include, among other things, loans made to, and equity interests in, companies purportedly controlled by the Zoh</font><font style='font-family:Times New Roman;font-size:10pt;' >ar Sponsor and any claims that the Company may have against the Zohar Sponsor. MBIA Corp. was obligated to pay a commitment fee of $</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million for this facility. The Facility matures on January 20, 2020 and bears interest at </font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >%&#160;per annum. If funds receive</font><font style='font-family:Times New Roman;font-size:10pt;' >d from MBIA Corp. under the Facility are insufficient to pay interest on interest payment dates, MZ Funding may elect to pay interest in kind, which increases the outstanding principal amount.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The maturity of </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s international and structured fina</font><font style='font-family:Times New Roman;font-size:10pt;' >nce insurance segment&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >VIE notes, as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > is presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >485</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >132</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2052)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,206</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,289</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:303pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:303pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2017.</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19,20,22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900936272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureTextBlock', window );">Income Taxes</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 11: Income Taxes</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Income (loss) from operations before provision (benefit) for income taxes consisted of</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Domestic</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(638)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(362)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >303</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(661)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(339)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >289</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company files a consolidated tax return that includes all of its U.S. subsidiaries and foreign branches. The Company also files tax returns in</font><font style='font-family:Times New Roman;font-size:10pt;' > Spain,</font><font style='font-family:Times New Roman;font-size:10pt;' > Mexico,</font><font style='font-family:Times New Roman;font-size:10pt;' > and various state and local jurisdictions. Income tax expense (benefit) on income (loss) and shareholders&#8217; equity consisted of:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current taxes:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred taxes:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >945</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >944</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:18pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income taxes charged (credited) to shareholders&#39; equity related to:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in unrealized gains (losses) on AFS securities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(30)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in AFS securities with OTTI</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in foreign currency translation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Share-based compensation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total income taxes charged (credited) to shareholders&#39; equity</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(35)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total effect of income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >965</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >A reconciliation of the U.S</font><font style='font-family:Times New Roman;font-size:10pt;' >. federal statutory tax rate of 35</font><font style='font-family:Times New Roman;font-size:10pt;' >% to the Company&#8217;s effective income tax rate for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > is presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:141.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:141.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:87.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:87.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal income tax computed at the statutory rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Increase (reduction) in taxes resulting from:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax Reform/Change in Tax Rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(71.4)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mark-to-market on warrants</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.5)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.2)%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in valuation allowance</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(116.9)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.2)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nondeductible compensation</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.4)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred inventory adjustments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.8%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign Taxes</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiary</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(33.0)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.3)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.2%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effective tax rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(142.8)%</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2%</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.7%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Deferred Tax Asset, Net of Valuation Allowance</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences </font><font style='font-family:Times New Roman;font-size:10pt;' >between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in inco</font><font style='font-family:Times New Roman;font-size:10pt;' >me in the period that includes the enactment date.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Valuation allowances are established to reduce deferred tax assets to the amount that more likely than not will be realized.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The tax effects of temporary differences that give rise to deferred tax assets a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd liabilities as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > are presented in th</font><font style='font-family:Times New Roman;font-size:10pt;' >e following table:</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:6pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of </font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:89.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:89.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >75</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferral of cancellation of indebtedness income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred acquisition costs</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized gains in accumulated other comprehensive income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Partnership basis difference</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiaries</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred taxes on VIEs</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >160</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Compensation and employee benefits</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >177</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and loss adjustment expense reserves</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >142</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net operating loss</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >582</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >929</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign tax credits</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other-than-temporary impairments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses on insured derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net losses on financial instruments at fair value and foreign exchange</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses in accumulated other comprehensive income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Alternative minimum tax credit carryforward</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >930</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,339</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred tax asset</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >970</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On June 26, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017, S&amp;P downgraded the financial strength rating of National</font><font style='font-family:Times New Roman;font-size:10pt;' >, which </font><font style='font-family:Times New Roman;font-size:10pt;' >led the Company to cease its efforts to actively pursue writing new financial guarantee business. In addition to National&#8217;s cessation of new business activity, there was an </font><font style='font-family:Times New Roman;font-size:10pt;' >increase in loss and LAE due to changes in assumptions on certain Puerto Rico credits. As</font><font style='font-family:Times New Roman;font-size:10pt;' > a result</font><font style='font-family:Times New Roman;font-size:10pt;' > of the increase in loss and LAE, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company</font><font style='font-family:Times New Roman;font-size:10pt;' > has a </font><font style='font-family:Times New Roman;font-size:10pt;' >three-year cumulative loss</font><font style='font-family:Times New Roman;font-size:10pt;' >, which is considered significant negative evidence in the assessment of its abi</font><font style='font-family:Times New Roman;font-size:10pt;' >lity to use its deferred tax assets. In addition, the Company considered all available positive and negative evidence as required by GAAP, to estimate if sufficient taxable income will be generated to use its deferred tax assets. After considering all posi</font><font style='font-family:Times New Roman;font-size:10pt;' >tive and negative evidence, including the Company&#8217;s inability to objectively identify and forecast future sources of taxable income, the Company c</font><font style='font-family:Times New Roman;font-size:10pt;' >oncluded </font><font style='font-family:Times New Roman;font-size:10pt;' >in the second quarter of 2017 </font><font style='font-family:Times New Roman;font-size:10pt;' >it </font><font style='font-family:Times New Roman;font-size:10pt;' >did not have sufficient positive evidence to support its ability to </font><font style='font-family:Times New Roman;font-size:10pt;' >use its deferred tax assets before they would expire. </font><font style='font-family:Times New Roman;font-size:10pt;' >Accordingly, the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has </font><font style='font-family:Times New Roman;font-size:10pt;' >a full valuation allowance against its net deferred tax asset</font><font style='font-family:Times New Roman;font-size:10pt;' > of $770 million in </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:TimesNewRoman;font-size:10pt;' >The Company will continue to analyze the valuation allowance on a quarterly basis</font><font style='font-family:TimesNewRoman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On December 22, 2017, </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >President </font><font style='font-family:Times New Roman;font-size:10pt;' >of the United States </font><font style='font-family:Times New Roman;font-size:10pt;' >signed into law the Tax Cuts and Jobs Act</font><font style='font-family:Times New Roman;font-size:10pt;' > (the &#8220;Act&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, which among other items reduces the federal corporate tax rate to </font><font style='font-family:Times New Roman;font-size:10pt;' >21</font><font style='font-family:Times New Roman;font-size:10pt;' >% effective January 1, 2018. As a result, </font><font style='font-family:Times New Roman;font-size:10pt;' >during the fourth quarter of 2017, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company</font><font style='font-family:Times New Roman;font-size:10pt;' > revalued </font><font style='font-family:Times New Roman;font-size:10pt;' >its net</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >tax </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax </font><font style='font-family:Times New Roman;font-size:10pt;' >asset </font><font style='font-family:Times New Roman;font-size:10pt;' >using the newly enacted tax rate of 21%</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >recorded </font><font style='font-family:Times New Roman;font-size:10pt;' >a $</font><font style='font-family:Times New Roman;font-size:10pt;' >472</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >reduction to both its net </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax </font><font style='font-family:Times New Roman;font-size:10pt;' >asset and valuation allowance.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s revaluation of its </font><font style='font-family:Times New Roman;font-size:10pt;' >net </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax asset is subject to further clarifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cations of the new law that cannot be estimated at this time. However, as further clarification of the new law is determined, any adjustment would be offset with a valuation allowance resulting in no change to the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >net </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax asset. The Comp</font><font style='font-family:Times New Roman;font-size:10pt;' >any does not anticipate future cash expenditures as a result of the reduction to </font><font style='font-family:Times New Roman;font-size:10pt;' >its net </font><font style='font-family:Times New Roman;font-size:10pt;' >deferred tax asset.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under the Act, </font><font style='font-family:Times New Roman;font-size:10pt;' >NOLs</font><font style='font-family:Times New Roman;font-size:10pt;' > of property and casualty insurance companies retain their current two-year carryback and 20-year carryforward periods and will not be subject to the 80 percent taxable income limitation and indefinite lived carryforward period applicable to general corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >NOLs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Therefore, </font><font style='font-family:Times New Roman;font-size:10pt;' >NOLs</font><font style='font-family:Times New Roman;font-size:10pt;' > generated after 2017 by the Company&#8217;s insurance companies and non-insurance companies will be treated differently under the Act.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Due to held for sale accounting of MBIA UK as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >36</font><font style='font-family:Times New Roman;font-size:10pt;' > million of deferred tax liabilities has been reported within &#8220;Lia</font><font style='font-family:Times New Roman;font-size:10pt;' >bilities held for sale&#8221; on the Company&#8217;s consolidated balance sheet. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Tax Sharing Agreement</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has a tax sharing agreement among its members effective January 1, 1987. The agreement was amended and restated effective September 8, 2011 to change th</font><font style='font-family:Times New Roman;font-size:10pt;' >e method of calculating each domestic insurer&#8217;s tax liability to the method permitted by paragraph 3(a) of Department Circular Letter #33 (1979). The agreement was submitted to the NYSDFS for review and non-disapproval pursuant to Section 1505 of the New Y</font><font style='font-family:Times New Roman;font-size:10pt;' >ork Insurance Law.</font><font style='font-family:Times New Roman;font-size:10pt;' > Refer to &#8220;Note 2: Significant Accounting Policies&#8221; for further discussion on the Company&#8217;s tax sharing agreement</font><font style='font-family:TimesNewRoman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Treatment of Undistributed Earnings of Certain Foreign Subsidiaries&#8212;&#8220;Accounting for Income Taxes&#8212;Special Areas&#8221;</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >201</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >sold MBIA UK and </font><font style='font-family:Times New Roman;font-size:10pt;' >reversed any deferred </font><font style='font-family:Times New Roman;font-size:10pt;' >income taxes </font><font style='font-family:Times New Roman;font-size:10pt;' >with respect </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >the differences in the book and tax basis in the Company&#8217;s carrying value of MBIA UK</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >amount of undistributed earnings of certain foreign subsidiaries</font><font style='font-family:Times New Roman;font-size:10pt;' > was not material as of December 31, 2017.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >cc</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >u</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >g</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >f</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >U</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >r</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >a</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >t</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >y</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >i</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >I</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >n</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >c</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >o</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >m</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >T</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ax</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >e</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >ny</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >po</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >eco</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >B</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >/or</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >x</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >co</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >en</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >pe</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >ons</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company includes interest as a component of income tax expense. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had no UTB.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Federal income tax returns through 2011 have been examined or surveyed. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >NOL</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >is approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.8</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The NOL will </font><font style='font-family:Times New Roman;font-size:10pt;' >expire between tax years 20</font><font style='font-family:Times New Roman;font-size:10pt;' >31</font><font style='font-family:Times New Roman;font-size:10pt;' > through 203</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company has a foreign tax credit carryforward of $</font><font style='font-family:Times New Roman;font-size:10pt;' >62</font><font style='font-family:Times New Roman;font-size:10pt;' > million, which will expire between tax years 2019 through 2027. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company has an alternative minimum tax</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;AMT&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >credit carryforward of $</font><font style='font-family:Times New Roman;font-size:10pt;' >30</font><font style='font-family:Times New Roman;font-size:10pt;' > million, which does not expire.</font><font style='font-family:Times New Roman;font-size:10pt;' > As</font><font style='font-family:Times New Roman;font-size:10pt;' > a result of tax reform, AMT credits are now fully refundable no later than 2022. The AMT credit has been reclassed out of the deferred tax asset and into other assets as the AMT credits are now a receivable. </font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32718-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900832624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingDisclosureTextBlock', window );">Business Segments</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 12: Business Segments</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As defined by segment reporting, an operating segment is a component of a company (i)&#160;that engages in business activities from which it earns revenue and incurs expenses, (ii)&#160;whose operating results are regularly reviewed by the Chief </font><font style='font-family:Times New Roman;font-size:10pt;' >Operating Decision Maker to assess the performance of the segment and to make decisions about the allocation of resources to the segment and, (iii)&#160;for which discrete financial information is available. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company manages its businesses across three oper</font><font style='font-family:Times New Roman;font-size:10pt;' >ating segments: </font><font style='font-family:Times New Roman;font-size:10pt;' >1) U.S. public finance insurance; 2)</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate; and 3) international and structured finance insurance. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company&#8217;s U.S. public finance insurance business is operated through National and its international and structured finance insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >business is operated through MBIA Corp. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following sections provide a description of each of the Company&#8217;s reportable operating segments.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >U.S. Public Finance Insurance</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s U.S. public finance insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >portfolio </font><font style='font-family:Times New Roman;font-size:10pt;' >is </font><font style='font-family:Times New Roman;font-size:10pt;' >managed </font><font style='font-family:Times New Roman;font-size:10pt;' >through National. The financial guarantees issued by National provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, U.S. public finance insured obligations when due. The obli</font><font style='font-family:Times New Roman;font-size:10pt;' >gations are not subject to acceleration, except that National may have the right, at its discretion, to accelerate insured obligations upon default or otherwise. National</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >guarantees </font><font style='font-family:Times New Roman;font-size:10pt;' >insure </font><font style='font-family:Times New Roman;font-size:10pt;' >municipal bonds, including tax-exempt and taxable indebtedness of</font><font style='font-family:Times New Roman;font-size:10pt;' > U.S. political subdivisions, as well as utilit</font><font style='font-family:Times New Roman;font-size:10pt;' >ies</font><font style='font-family:Times New Roman;font-size:10pt;' >, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities and other similar agencies and obligations issued by private entities that finance projects tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t serve a substantial public purpose. Municipal bonds and privately issued bonds used for the financing of public purpose projects are generally supported by taxes, assessments, fees or tariffs related to the use of these projects, lease payments or other </font><font style='font-family:Times New Roman;font-size:10pt;' >similar types of revenue streams. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Corporate</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s corporate segment </font><font style='font-family:Times New Roman;font-size:10pt;' >consists of general corporate activities, including </font><font style='font-family:Times New Roman;font-size:10pt;' >providing </font><font style='font-family:Times New Roman;font-size:10pt;' >support services to MBIA Inc.&#8217;s subsidiaries as well as </font><font style='font-family:Times New Roman;font-size:10pt;' >asset and capital management. </font><font style='font-family:Times New Roman;font-size:10pt;' >S</font><font style='font-family:Times New Roman;font-size:10pt;' >upport </font><font style='font-family:Times New Roman;font-size:10pt;' >services are provided by the Company&#8217;s service company, MBIA Services Corporation, and include</font><font style='font-family:Times New Roman;font-size:10pt;' >, among others, management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, on a fee-for-service basis. </font><font style='font-family:Times New Roman;font-size:10pt;' >Capital managem</font><font style='font-family:Times New Roman;font-size:10pt;' >ent includes activities related to servicing obligations issued by MBIA Inc. and its subsidiaries, MBIA Global Funding, LLC (&#8220;GFL&#8221;) and MBIA Investment Management Corp. (&#8220;IMC&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. MBIA Inc. issued debt to finance the operations of the MBIA group. GFL raised </font><font style='font-family:Times New Roman;font-size:10pt;' >funds through the issuance of MTNs with varying maturities, which were in turn guaranteed by MBIA Corp. GFL lent the proceeds of these MTN issuances to MBIA Inc. IMC, along with MBIA Inc., provided customized investment agreements, guaranteed by MBIA Corp.</font><font style='font-family:Times New Roman;font-size:10pt;' >, for bond proceeds and other public funds for such purposes as construction, loan origination, escrow and debt service or other reserve fund requirements. The Company has ceased issuing </font><font style='font-family:Times New Roman;font-size:10pt;' >new</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' > and investment agreements and the </font><font style='font-family:Times New Roman;font-size:10pt;' >outstanding liability</font><font style='font-family:Times New Roman;font-size:10pt;' > balances and corresponding asset balances have declined over time as liabilities mature</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >, terminate</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >were</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >called or repurchased</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >All of the debt within the corporate segment is managed collectively and is serviced by available liquidity</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Int</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >ernational and Structured Finance Insurance </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s international </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >structured finance</font><font style='font-family:Times New Roman;font-size:10pt;' > insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >segment is principally conducted through MBIA Corp. The financial guarantees issued by MBIA Corp. generally provide unconditional and irrevocable guar</font><font style='font-family:Times New Roman;font-size:10pt;' >antees of the payment of principal of, and interest or other amounts owing on, non-U.S. public finance </font><font style='font-family:Times New Roman;font-size:10pt;' >and global structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insured obligations when due, or in the event MBIA Corp. has the right, at its discretion, to accelerate insured obligation</font><font style='font-family:Times New Roman;font-size:10pt;' >s upon default or otherwise. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. insures the </font><font style='font-family:Times New Roman;font-size:10pt;' >investment contracts written by MBIA Inc., and if MBIA Inc. were to have insufficient assets to pay amounts due upon maturity or termination, MBIA Corp. would make such payments. MBIA Corp. insures debt o</font><font style='font-family:Times New Roman;font-size:10pt;' >bligations of the following affiliates:</font></p><ul style='margin-top:0pt;' ><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc.;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >GFL;</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >IMC; and</font></li><li style='text-align:left;margin-top:0pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >LaCrosse Financial Products, LLC, a wholly-owned affiliate, </font><font style='font-family:Times New Roman;font-size:10pt;' >to</font><font style='font-family:Times New Roman;font-size:10pt;' > which MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > has written insurance policies guaranteeing the obligations under CDS</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Certain policies </font><font style='font-family:Times New Roman;font-size:10pt;' >cover payments potentially due under CDS, including termination payments that may become due in certain circumstances, including the occurrence of certain insolvency or payment defaults under the CDS or derivatives contracts by the insured counterparty or </font><font style='font-family:Times New Roman;font-size:10pt;' >by the&#160;guarantor.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Corp. insure</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >non</font><font style='font-family:Times New Roman;font-size:10pt;' >-U.S. </font><font style='font-family:Times New Roman;font-size:10pt;' >public finance and </font><font style='font-family:Times New Roman;font-size:10pt;' >global structured finance obligations, including asset-backed obligations. MBIA Corp. has insured </font><font style='font-family:Times New Roman;font-size:10pt;' >sovereign-related and sub-sovereign </font><font style='font-family:Times New Roman;font-size:10pt;' >bonds, </font><font style='font-family:Times New Roman;font-size:10pt;' >utilities</font><font style='font-family:Times New Roman;font-size:10pt;' >, privately issued bonds used for </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >financing of projects</font><font style='font-family:Times New Roman;font-size:10pt;' > that </font><font style='font-family:Times New Roman;font-size:10pt;' >include toll roads, bridges, airports, </font><font style='font-family:Times New Roman;font-size:10pt;' >public </font><font style='font-family:Times New Roman;font-size:10pt;' >transportation facilities, and other types of infrastructure projects serving a substantial public purpose. </font><font style='font-family:Times New Roman;font-size:10pt;' >Global </font><font style='font-family:Times New Roman;font-size:10pt;' >structured finance and asset-backed obligations typically are securi</font><font style='font-family:Times New Roman;font-size:10pt;' >ties repayable from expected cash flows generated by a specified pool of assets, such as residential and commercial mortgages, insurance policies, consumer loans, corporate loans and bonds, trade and export receivables, and leases for equipment, aircraft a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd real estate property. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. has also written policies guaranteeing obligations under certain other derivative contracts, including termination payments that may become due upon </font><font style='font-family:Times New Roman;font-size:10pt;' >certain insolvency or payment defaults of the financial guarantor or th</font><font style='font-family:Times New Roman;font-size:10pt;' >e issuer. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company is no longer insuring new credit derivative contracts except for transactions related to the </font><font style='font-family:Times New Roman;font-size:10pt;' >restructuring or </font><font style='font-family:Times New Roman;font-size:10pt;' >reduction of existing derivative exposure. MBIA Corp. has not written any meaningful amount of business since 2008.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Segments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > Results</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following tables provide the Company&#8217;s segment results for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2017</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >262</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >30</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >78</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >370</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(51)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(51)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(24)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(106)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(106)</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >185</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >185</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >60</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >44</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(127)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >200</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >82</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >278</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(127)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >433</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >499</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >184</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >683</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >59</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >81</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >116</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >197</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(130)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >607</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >151</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >466</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(130)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,094</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(407)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(188)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(661)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(152)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,143</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(603)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >944</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(255)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(625)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,331)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >606</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,605)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,582</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,312</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,203)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,095</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances and repurchase agreements.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2016</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >335</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >24</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >121</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >480</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(19)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(19)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >84</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(279)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(282)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(131)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >427</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >67</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(131)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >294</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >74</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >146</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >220</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >40</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >80</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >57</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >177</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >91</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >106</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >197</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >69</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(125)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >183</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >175</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >400</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(125)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >633</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >244</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(469)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(339)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >68</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(15)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(52)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >176</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(93)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(417)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(338)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,077</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,479</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,486</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,905)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11,137</font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:305.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:305.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2015</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >114</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >530</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:222.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:222.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(9)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(10)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(13)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >17</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >128</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >128</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >67</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(164)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >423</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >169</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >425</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(164)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >853</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >118</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >123</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >38</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >73</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >190</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >97</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >199</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >89</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >64</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(160)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >132</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >183</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >409</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(160)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >564</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >291</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >289</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >100</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >109</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >191</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(21)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >180</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,265</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,599</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,870</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,898)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,836</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >and other fees.</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >and payables.</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Pr</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >iu</font><font style='font-family:Times New Roman;font-size:10pt;' >ms</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >inan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >ee</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >de</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ep</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >ce </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >re </font><font style='font-family:Times New Roman;font-size:10pt;' >gen</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >wi</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >hi</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >id</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >U</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' >S.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >lowin</font><font style='font-family:Times New Roman;font-size:10pt;' >g </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >abl</font><font style='font-family:Times New Roman;font-size:10pt;' >e s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >z</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >p</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >iu</font><font style='font-family:Times New Roman;font-size:10pt;' >ms</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >ea</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >ne</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n </font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >nan</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >ia</font><font style='font-family:Times New Roman;font-size:10pt;' >l </font><font style='font-family:Times New Roman;font-size:10pt;' >gu</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and in</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >u</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >d </font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >v</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >b</font><font style='font-family:Times New Roman;font-size:10pt;' >y</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' >eog</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >aph</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >l</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >c</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >f</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >i</font><font style='font-family:Times New Roman;font-size:10pt;' >sk</font><font style='font-family:Times New Roman;font-size:10pt;' > f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:243.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total premiums earned:</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >169</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >238</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >310</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United Kingdom</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Europe (excluding United Kingdom)</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Americas</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asia</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total   </font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >202</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >304</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >385</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 34<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8981-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 41<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e9038-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 33<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8971-108599<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8595-108599<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8380-108599<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8933-108599<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8844-108599<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 35<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8984-108599<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 40<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e9031-108599<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 42<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e9054-108599<br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8538-108599<br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 29<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8864-108599<br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 31<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8924-108599<br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8906-108599<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6746656320">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance in Force<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceTextBlock', window );">Insurance In Force</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 13: Insurance in Force</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' > guarantees the payment of principal of, and interest or other amounts owing on, municipal, asset-backed, mortgage-backed</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >other non-municipal securities</font><font style='font-family:Times New Roman;font-size:10pt;' > including </font><font style='font-family:Times New Roman;font-size:10pt;' >CDS </font><font style='font-family:Times New Roman;font-size:10pt;' >contracts. The Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s insurance in force represents the aggregate amount of the insured principal of, and interest or other amounts owing on, insured obligations. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s ultimate exposure to credit loss in the event of nonperformance by the issuer of the insured oblig</font><font style='font-family:Times New Roman;font-size:10pt;' >ation is represented by the insurance in force in the tables that follow.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The financial guarantees issued by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company </font><font style='font-family:Times New Roman;font-size:10pt;' >provide unconditional and irrevocable guarantees of the payment of the principal of, and interest or other amounts owing on, insured ob</font><font style='font-family:Times New Roman;font-size:10pt;' >ligations when due. The obligations are generally not subject to acceleration, except</font><font style='font-family:Times New Roman;font-size:10pt;' > in the event the Company has</font><font style='font-family:Times New Roman;font-size:10pt;' > the right, at its discretion, to accelerate insured obligations upon default or otherwise.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >P</font><font style='font-family:Times New Roman;font-size:10pt;' >ayments </font><font style='font-family:Times New Roman;font-size:10pt;' >to be</font><font style='font-family:Times New Roman;font-size:10pt;' > made by the issuer on the bonds or notes may be backed by a pledge of revenues, reserve funds, letters of credit, investment contracts or collateral in the form of mortgages or other assets. The right to such funds or collateral would typically become Nat</font><font style='font-family:Times New Roman;font-size:10pt;' >ional&#8217;s or MBIA Corp.&#8217;s upon the payment of a claim by either National or MBIA Corp.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance in force, which represents principal and interest or other amounts owing on insured obligations, had an expected maturity range of </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >40</font><font style='font-family:Times New Roman;font-size:10pt;' > years. The distribution of MBIA Corp.&#8217;s and National&#8217;s combined insurance in force by geographic location, excluding </font><font style='font-family:Times New Roman;font-size:10pt;' >financial obligations </font><font style='font-family:Times New Roman;font-size:10pt;' >guaranteed by MBIA Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >on behalf of </font><font style='font-family:Times New Roman;font-size:10pt;' >affiliated companies</font><font style='font-family:Times New Roman;font-size:10pt;' >, is presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Geographic Location</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >California</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.1%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Illinois</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.5%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.5%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New York</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.0%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Puerto Rico</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New Jersey</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Texas</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Hawaii</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Virginia</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Florida</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.5%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.7%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Oregon</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.8%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subtotal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >127.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nationally Diversified</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other states</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87.1%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally Diversified</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Country specific</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.7%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4%</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30.4</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.9%</font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >235.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The insurance in force </font><font style='font-family:Times New Roman;font-size:10pt;' >and insured gross par outstanding </font><font style='font-family:Times New Roman;font-size:10pt;' >by type of bond, excluding </font><font style='font-family:Times New Roman;font-size:10pt;' >financial obligations </font><font style='font-family:Times New Roman;font-size:10pt;' >guaranteed by MBIA Corp. on behalf </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >affiliated companies, </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:235.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:109.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:109.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Par</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Par</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Bond type</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount </font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount </font></td><td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance - United States:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation - </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >lease</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal utilities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Higher education</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Health care</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Military housing</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investor-owned utilities</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal housing</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >134.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >191.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >110.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance - </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >non-United States:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International utilities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Sovereign-related and sub-sovereign</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global public finance</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >79.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >129.8</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global structured finance:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate asset-backed</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (7)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global structured finance</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87.0</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >235.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.15pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >___________________</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:16.9pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts. </font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes investor owned utilities, industrial development and pollution control revenue bonds.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Includes certain non-profit enterprises, stadium related financing and student loans.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Includes municipal owned entities backed by sponsoring local government and tax backed transactions.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > waterfalls, or interest and over-collateralization coverage tests.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:19.9pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(7) - As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively. </font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Included in the preceding tables, as of December 31, 2016, </font><font style='font-family:Times New Roman;font-size:10pt;' >were $18.6 billion of insurance in force and $12.0 billion of insured gross par outstanding related to MBIA UK, which was sold to Assured in January of 2017.</font><font style='font-family:Times New Roman;font-size:10pt;' > Refer to &#8220;Note 1: Business Developments and Risks and Uncertainties&#8221; for a discussion on the sale of MBIA UK. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Affiliated </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Financial Obligations </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Insured by MBIA Corp.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Investment agreement contracts and MTNs issued by the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >corporate </font><font style='font-family:Times New Roman;font-size:10pt;' >segment </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >the</font><font style='font-family:Times New Roman;font-size:10pt;' > Facility issued by the Company&#8217;s international and structured finance insurance segment </font><font style='font-family:Times New Roman;font-size:10pt;' >are insured by MBIA Corp. and are not included in the previous tables. If MBIA Inc. or these subsidiaries were to have insufficient assets to pay amounts due, MBIA Cor</font><font style='font-family:Times New Roman;font-size:10pt;' >p. would </font><font style='font-family:Times New Roman;font-size:10pt;' >be obligated to </font><font style='font-family:Times New Roman;font-size:10pt;' >make such payments under its insurance policies. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the maximum amount of future payments that MBIA Corp. could be required to make under these guarantees is $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion. These guara</font><font style='font-family:Times New Roman;font-size:10pt;' >ntees, which have a </font><font style='font-family:Times New Roman;font-size:10pt;' >maturity range of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years, were entered into on an arm&#8217;s length basis. MBIA Corp. has both direct recourse provisions and subrogation rights in these transactions. If </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Corp. is required to make a payment under any of these affiliate guarantees, it would have the right to seek reimbursement from such affiliate and to liquidate any collateral to recover amounts paid under the guarantee.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Reinsured Exposure</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Reinsurance enables the Company to cede exposure for purposes of syndicating risk</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company generally retains the right to reassume the business ceded to reinsurers under certain circumstances, including a reinsurer&#8217;s rating downgrade below specified thresholds. </font><font style='font-family:Times New Roman;font-size:10pt;' >At this time, </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company d</font><font style='font-family:Times New Roman;font-size:10pt;' >oes not </font><font style='font-family:Times New Roman;font-size:10pt;' >intend to utilize </font><font style='font-family:Times New Roman;font-size:10pt;' >reinsurance </font><font style='font-family:Times New Roman;font-size:10pt;' >to decrease the insured </font><font style='font-family:Times New Roman;font-size:10pt;' >exposure</font><font style='font-family:Times New Roman;font-size:10pt;' > in its portfolio</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA requires certain unauthorized reinsurers to maintain bank letters of credit or establish trust accounts to cover liab</font><font style='font-family:Times New Roman;font-size:10pt;' >ilities ceded to such reinsurers under reinsurance contracts. The Company remains liable on a primary basis for all reinsured risk</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA believes that its reinsurers remain capable of meeting their obligations, </font><font style='font-family:Times New Roman;font-size:10pt;' >although, </font><font style='font-family:Times New Roman;font-size:10pt;' >there can be no assurance of such i</font><font style='font-family:Times New Roman;font-size:10pt;' >n the future.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The aggregate amount of insurance in force ceded by MBIA to reinsurers was $</font><font style='font-family:Times New Roman;font-size:10pt;' >5.1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion and $</font><font style='font-family:Times New Roman;font-size:10pt;' >7.6</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively.</font><font style='font-family:Times New Roman;font-size:10pt;' > Included in the reinsurance insurance in fo</font><font style='font-family:Times New Roman;font-size:10pt;' >rce as of December 31, 2016 was $267 million related to MBIA UK.</font></p><p style='text-align:left;line-height:12pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the aggregate amount of insured par outstanding ceded by MBIA to reinsurers under reinsurance agreements was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.7</font><font style='font-family:Times New Roman;font-size:10pt;' > billion compared with $</font><font style='font-family:Times New Roman;font-size:10pt;' >4.2</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >billion as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.1</font><font style='font-family:Times New Roman;font-size:10pt;' > billion of the ceded par outstanding was ceded from the Company&#8217;s U.S. public finance insurance segment and $</font><font style='font-family:Times New Roman;font-size:10pt;' >593</font><font style='font-family:Times New Roman;font-size:10pt;' > million was ceded from the Company&#8217;s international and structured finance insurance segment. Under National&#8217;s reinsurance agreement with MBIA Corp., if a reinsurer of MBIA Corp. is unable to pay claims ceded by MBIA Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >. on U.S. public finance exposure, National will assume liability for such ceded claim payments. </font><font style='font-family:Times New Roman;font-size:10pt;' >The following table presents information about the Company&#8217;s reinsurance agreements as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > for its U.S. public finance and </font><font style='font-family:Times New Roman;font-size:10pt;' >international</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >an</font><font style='font-family:Times New Roman;font-size:10pt;' >d structured finance </font><font style='font-family:Times New Roman;font-size:10pt;' >insurance operations.</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:15pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Standard &amp;</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Letters of </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Poor&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Moody&#39;s Rating</font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded Par</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit/ Trust</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurance</font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurers</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accounts</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td></tr><tr style='height:7.5pt;' ><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Re Ltd.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >WR</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,321</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Corp.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,031</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Overseas Private</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA+</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Aaa</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >281</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   Investment Corporation</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Others</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A+ or above</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >WR</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,724</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Represents a withdrawal of ratings.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Premium Summary</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The components of financial guarantee net premiums earned, including premiums assumed fro</font><font style='font-family:Times New Roman;font-size:10pt;' >m and ceded to other companies, are presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:144.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net premiums earned:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Direct</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >305</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assumed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >207</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >307</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >381</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >201</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >372</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >payments received for </font><font style='font-family:Times New Roman;font-size:10pt;' >claims </font><font style='font-family:Times New Roman;font-size:10pt;' >related to </font><font style='font-family:Times New Roman;font-size:10pt;' >financial guarantee policies under reinsurance contracts totaled $</font><font style='font-family:Times New Roman;font-size:10pt;' >4</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million</font><font style='font-family:Times New Roman;font-size:10pt;' > and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >Ceding commissions from </font><font style='font-family:Times New Roman;font-size:10pt;' >reinsurance, before deferrals and net of returned ceding commissions, were $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million for</font><font style='font-family:Times New Roman;font-size:10pt;' > each of</font><font style='font-family:Times New Roman;font-size:10pt;' > the years </font><font style='font-family:Times New Roman;font-size:10pt;' >ended </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceInForceTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of Insurance In Force.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceInForceTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6745176032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance Regulations and Dividends<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsAbstract', window );"><strong>Insurance Regulations And Dividends [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsTextBlock', window );">Insurance Regulations And Dividends</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 14: Insurance Regulations and Dividends</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >National </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >are subject to insurance regulations and supervision of the State of New York (their state of incorporation) and all U.S. and non-U.S. jurisdictions in which they are licensed to conduct insurance business. </font><font style='font-family:Times New Roman;font-size:10pt;' >In order to maintain their New York State financi</font><font style='font-family:Times New Roman;font-size:10pt;' >al guarantee insurance license, National and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Insurance Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' > are required to maintain a minimum of $</font><font style='font-family:Times New Roman;font-size:10pt;' >65</font><font style='font-family:Times New Roman;font-size:10pt;' > million of policyholders&#8217; surplus. MBIA Mexico is regulated by the </font><font style='font-family:Times New Roman;font-size:10pt;' >Comisi&#243;n </font><font style='font-family:Times New Roman;font-size:10pt;' >Nacional de Seguros y Fianzas in Mexico. </font><font style='font-family:Times New Roman;font-size:10pt;' >The extent of insurance r</font><font style='font-family:Times New Roman;font-size:10pt;' >egulation and supervision varies by jurisdiction, but New York and most other jurisdictions have laws and regulations prescribing minimum standards of solvency and business conduct, which must be maintained by insurance companies. Among other things, these</font><font style='font-family:Times New Roman;font-size:10pt;' > laws prescribe permitted classes and concentrations of investments and limit both the aggregate and individual securities risks that </font><font style='font-family:Times New Roman;font-size:10pt;' >National and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > may insure on a net basis based on the type of obligations insured. In addition, s</font><font style='font-family:Times New Roman;font-size:10pt;' >ome insurance laws and regulations require the approval or filing of policy forms and rates. </font><font style='font-family:Times New Roman;font-size:10pt;' >National and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > are required to file detailed annual financial statements with the NYSDFS</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > The operations and accounts of </font><font style='font-family:Times New Roman;font-size:10pt;' >National and </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > are subject to examination by regulatory agencies at regular intervals.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Statutory Capital and Regulations</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, National h</font><font style='font-family:Times New Roman;font-size:10pt;' >ad a statutory net loss of $</font><font style='font-family:Times New Roman;font-size:10pt;' >321</font><font style='font-family:Times New Roman;font-size:10pt;' > million and </font><font style='font-family:Times New Roman;font-size:10pt;' >statutory net income of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >192</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, Nation</font><font style='font-family:Times New Roman;font-size:10pt;' >al&#8217;s statutory capital was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.8</font><font style='font-family:Times New Roman;font-size:10pt;' > billion, consisting of</font><font style='font-family:Times New Roman;font-size:10pt;' > policyholders&#8217; surplus of $</font><font style='font-family:Times New Roman;font-size:10pt;' >2.2</font><font style='font-family:Times New Roman;font-size:10pt;' > billion a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd </font><font style='font-family:Times New Roman;font-size:10pt;' >contingency reserves of $</font><font style='font-family:Times New Roman;font-size:10pt;' >594</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, National had statutory capital of $</font><font style='font-family:Times New Roman;font-size:10pt;' >3.5</font><font style='font-family:Times New Roman;font-size:10pt;' > billion</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Insurance Corporation </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s statut</font><font style='font-family:Times New Roman;font-size:10pt;' >ory capital </font><font style='font-family:Times New Roman;font-size:10pt;' >was $</font><font style='font-family:Times New Roman;font-size:10pt;' >464</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion, consisting of</font><font style='font-family:Times New Roman;font-size:10pt;' > policyholders&#8217; surplus of $</font><font style='font-family:Times New Roman;font-size:10pt;' >237</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion </font><font style='font-family:Times New Roman;font-size:10pt;' >and contingency reserve of $</font><font style='font-family:Times New Roman;font-size:10pt;' >227</font><font style='font-family:Times New Roman;font-size:10pt;' > million. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > had statutory capital of $</font><font style='font-family:Times New Roman;font-size:10pt;' >492</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >m</font><font style='font-family:Times New Roman;font-size:10pt;' >illion.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Insurance Corporation </font><font style='font-family:Times New Roman;font-size:10pt;' >was in compliance with </font><font style='font-family:Times New Roman;font-size:10pt;' >its aggregate risk limits under the NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' >, but was not in compliance with certain of its single risk limits. If new overages occur with resp</font><font style='font-family:Times New Roman;font-size:10pt;' >ect to its single risk limits, MBIA Insurance Corporation will report them to the NYSDFS. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under </font><font style='font-family:Times New Roman;font-size:10pt;' >NYIL, MBIA Insurance Corporation is also required to establish a contingency reserve to provide protection to policyholders in the event of extreme losses </font><font style='font-family:Times New Roman;font-size:10pt;' >in adverse economic events. The amount of the reserve is based on the percentage of principal insured or premiums earned, depending on the type of obligation (net of collateral, reinsurance, refunding, refinancings and certain insured securities). Under </font><font style='font-family:Times New Roman;font-size:10pt;' >NYIL, MBIA Insurance Corporation is required to invest its minimum surplus and contingency reserves, and </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >% of its loss reserves and unearned premium reserves, in certain qualifying assets. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Insurance Corpo</font><font style='font-family:Times New Roman;font-size:10pt;' >ration maintained its minimum requirement of policyholders&#8217; surplus but did not have </font><font style='font-family:Times New Roman;font-size:10pt;' >enough qualifying assets to support its contingency reserves and </font><font style='font-family:Times New Roman;font-size:10pt;' >50</font><font style='font-family:Times New Roman;font-size:10pt;' >% of its loss reserves and unearned premium reserves. Not having enough qualifying as</font><font style='font-family:Times New Roman;font-size:10pt;' >sets</font><font style='font-family:Times New Roman;font-size:10pt;' > to support its contingency reserves limits the amount of earned surplus that might otherwise be available for the payment of dividends.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;' >eductions in the contingency reserve may be recognized based on excess reserves and under certain stipulated </font><font style='font-family:Times New Roman;font-size:10pt;' >condition</font><font style='font-family:Times New Roman;font-size:10pt;' >s, subject to the approval of the Superintendent of the NYSDFS</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under NYIL, MBIA Insurance Corporation is required to maintain admitted assets greater than the aggregate amount of liabilities and outstanding capital stock. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance Corporation&#8217;s admitted assets did not exceed the aggregate amount of its liabilities and outstanding capital stock. If MBIA Insurance Corporation is not in compliance with the above mentioned requirements, the NYSDFS may prevent MBIA Insurance Co</font><font style='font-family:Times New Roman;font-size:10pt;' >rporation from transacting any new financial guarantee insurance business until it no longer exceeds the limitations.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >R</font><font style='font-family:Times New Roman;font-size:10pt;' >esults of operations for MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > determined in accordance with statutory accounting practices for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > were statutory net income of $</font><font style='font-family:Times New Roman;font-size:10pt;' >107</font><font style='font-family:Times New Roman;font-size:10pt;' > million and</font><font style='font-family:Times New Roman;font-size:10pt;' > a statutory net loss of</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >323</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >For the year ended December 31, 2016, MBIA Insurance Corporation </font><font style='font-family:Times New Roman;font-size:10pt;' >recorded a loss of </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >114</font><font style='font-family:Times New Roman;font-size:10pt;' > million to adjust the carrying value of MBIA UK to its estimated fair value less costs to sell. In addition, MBIA Insurance Corporation&#8217;s policyholders&#8217; surplus was negatively impacted as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > by </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >112</font><font style='font-family:Times New Roman;font-size:10pt;' > milli</font><font style='font-family:Times New Roman;font-size:10pt;' >on, as it was not permitted to treat the portion of its investment in subsidiaries in excess of </font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' >% of net admitted assets less the par value of common and preferred stock and liabilities as an admitted asset, as required under NYI</font><font style='font-family:Times New Roman;font-size:10pt;' >L. MBIA Insurance Corporation&#8217;s policyholders&#8217; su</font><font style='font-family:Times New Roman;font-size:10pt;' >rplus as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > included negative unassigned surplus of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1.8</font><font style='font-family:Times New Roman;font-size:10pt;' > billion. MBIA Insurance Corporation&#8217;s policyholders&#8217; surplus may be further negatively imp</font><font style='font-family:Times New Roman;font-size:10pt;' >acted if future additional insured losses are incurred</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Dividends</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >NYIL</font><font style='font-family:Times New Roman;font-size:10pt;' > regulates the payment of dividends by financial guarantee insurance companies and provides that such comp</font><font style='font-family:Times New Roman;font-size:10pt;' >anies may not declare or distribute </font><font style='font-family:Times New Roman;font-size:10pt;' >dividends except out of statutory earned surplus. Under </font><font style='font-family:Times New Roman;font-size:10pt;' >N</font><font style='font-family:Times New Roman;font-size:10pt;' >YIL, the sum of (i)&#160;the amount of dividends declared or distributed during the preceding 12-month period and (ii)&#160;the dividend to be declared may not exceed the le</font><font style='font-family:Times New Roman;font-size:10pt;' >sser of (a)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' >% of policyholders&#8217; surplus, as reported in the latest statutory financial statements or (b)&#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >100</font><font style='font-family:Times New Roman;font-size:10pt;' >% of adjusted net investment income for such 12-month period (the net investment income for such 12-month peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od plus the excess, if any, of net investment income over dividends declared or distributed during the two-year period preceding such 12-month period), unless the Superintendent of the NYSDFS approves a greater dividend distribution based upon a finding th</font><font style='font-family:Times New Roman;font-size:10pt;' >at the insurer will retain sufficient surplus to support its obligations.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, National declared and paid dividends of $</font><font style='font-family:Times New Roman;font-size:10pt;' >118</font><font style='font-family:Times New Roman;font-size:10pt;' > million to its ultimate parent, MBIA Inc.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > did not declare</font><font style='font-family:Times New Roman;font-size:10pt;' > or pay any dividends to MBIA Inc. or the holders of its preferred stock. MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > is currently unable to pay dividends, including those related to its preferred stock, as a result of its earned surplus deficit as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and is not expected to have any statutory capacity to pay any dividends in the near term. In connection with MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oration</font><font style='font-family:Times New Roman;font-size:10pt;' > obtaining approval from the NYSDFS to release excess contingency reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >in previous periods</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance </font><font style='font-family:Times New Roman;font-size:10pt;' >Corp</font><font style='font-family:Times New Roman;font-size:10pt;' >oratio</font><font style='font-family:Times New Roman;font-size:10pt;' >n</font><font style='font-family:Times New Roman;font-size:10pt;' > agreed that it would not pay any dividends without prior approval from the NYSDFS.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of Insurance regulations and dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R24.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900808416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pension and Profit- Sharing Plans<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract', window );"><strong>Pension And Profit Sharing Plans [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock', window );">Pension And Profit Sharing Plans</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 15: Pension and Profit Sharing Plans</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company maintains a qualified non-contributory defined contribution pension plan to which the Company contributes </font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' >% of each eligible employee&#8217;s annual compensation. Annual compensation for determining such contributions consists of </font><font style='font-family:Times New Roman;font-size:10pt;' >base salary</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >bonus, as applicable</font><font style='font-family:Times New Roman;font-size:10pt;' >, up to a maximum of $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million in 2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. Pension benefits vest over a five-year period with </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after two years, </font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after three years, </font><font style='font-family:Times New Roman;font-size:10pt;' >80</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after four years and </font><font style='font-family:Times New Roman;font-size:10pt;' >100</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after five years. The Company fu</font><font style='font-family:Times New Roman;font-size:10pt;' >nds the annual pension contribution by the following February of each applicable year. Pension expense related to the Company&#8217;s qualified pension plan for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million, and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >3</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company also maintains a qualified profit sharing/401(k) plan. The plan is a voluntary contributory plan that allows eligible employees to defer compensation for federal income tax</font><font style='font-family:Times New Roman;font-size:10pt;' > purposes under Section&#160;401(k) of the Internal Revenue Code of 1986, as amended. Employees may contribute, through payroll deductions, up to </font><font style='font-family:Times New Roman;font-size:10pt;' >25</font><font style='font-family:Times New Roman;font-size:10pt;' >% of eligible compensation. The Company matches employee contributions up to the first </font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' >% of such compensation. T</font><font style='font-family:Times New Roman;font-size:10pt;' >he 401(k) matching contributions are made in the form of cash, whereby participants may direct the Company match to an investment of their choice. </font><font style='font-family:Times New Roman;font-size:10pt;' >The 401(k) matching </font><font style='font-family:Times New Roman;font-size:10pt;' >benefit</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > vest over a five-year period with </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after two years, </font><font style='font-family:Times New Roman;font-size:10pt;' >60</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after t</font><font style='font-family:Times New Roman;font-size:10pt;' >hree years, </font><font style='font-family:Times New Roman;font-size:10pt;' >80</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after four years and </font><font style='font-family:Times New Roman;font-size:10pt;' >100</font><font style='font-family:Times New Roman;font-size:10pt;' >% vested after five years. Generally, a participating employee is entitled to distributions from the plans upon termination of employment, retirement, death or disability. Participants who qualify for distribu</font><font style='font-family:Times New Roman;font-size:10pt;' >tion may receive a single lump sum, transfer the assets to another qualified plan or individual retirement account, or receive a series of specified installment payments. Profit sharing/401(k) expense related to the Company&#8217;s qualified plan for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > was</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In addition to the above two plans, the Company maintains a non-qualified deferred compensation plan. Co</font><font style='font-family:Times New Roman;font-size:10pt;' >ntributions to the above qualified plans that exceed limitations established by federal regulations are then contributed to the non-qualified deferred compensation plan. The non-qualified pension expense for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > was $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively</font><font style='font-family:Times New Roman;font-size:10pt;' >. The non-qualified profit sharing/401(k) expense for each of the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > was</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for pension and other postretirement benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 80<br> -Section 50<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65877416&amp;loc=SL14450702-114947<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65897934&amp;loc=d3e2410-114920<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 60<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6414203&amp;loc=d3e39675-114964<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 70<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49170846&amp;loc=d3e28014-114942<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 60<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66047640&amp;loc=d3e39622-114963<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>R25.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6745176032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-term Incentive Plans<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock', window );">Long-Term Incentive Plans</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Plan Description</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company maintains the MBIA Inc. 2005 Omnibus Incentive Plan (the &#8220;Omnibus</font><font style='font-family:Times New Roman;font-size:10pt;' > Plan&#8221;), as amended on May 7, 2009 and May 1, 2012. Under the Omnibus Plan a maximum of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >14,000,000</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >shares of the Company&#8217;s common </font><font style='font-family:Times New Roman;font-size:10pt;' >stock can be used for any type of award including stock options, performance shares, performance units, restricted stock, restricted stock units and divide</font><font style='font-family:Times New Roman;font-size:10pt;' >nd equivalents.  A</font><font style='font-family:Times New Roman;font-size:10pt;' >ny shares issued under the Omnibus Plan in connection with stock options shall be c</font><font style='font-family:Times New Roman;font-size:10pt;' >ounted against this limit as </font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > share covered by such option. For all awards other than stock options, any shares issued shall be counted against this limit as </font><font style='font-family:Times New Roman;font-size:10pt;' >1.28</font><font style='font-family:Times New Roman;font-size:10pt;' > shares for every share issued after th</font><font style='font-family:Times New Roman;font-size:10pt;' >e May 1, 2012 amendment and </font><font style='font-family:Times New Roman;font-size:10pt;' >two</font><font style='font-family:Times New Roman;font-size:10pt;' > shares for every share issued prior to the May 1, 2012 amendment</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The stock option component of the Omnibus Plan enables key employees of the Company and its subsidiaries to acquire shares of comm</font><font style='font-family:Times New Roman;font-size:10pt;' >on stock of the Company or to benefit from appreciation in the price of the common stock of the Company. The stock option grants, which may be awarded every year, provide the right to purchase shares of common stock at the fair value of the stock on the da</font><font style='font-family:Times New Roman;font-size:10pt;' >te of the grant. Options granted will either be Incentive Stock Options (&#8220;ISOs&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > that </font><font style='font-family:Times New Roman;font-size:10pt;' >qualify under Section&#160;422(a) of the Internal Revenue Code, or Non-Qualified Stock Options (&#8220;NQSOs&#8221;). ISOs and NQSOs are granted at a price not less than </font><font style='font-family:Times New Roman;font-size:10pt;' >100%</font><font style='font-family:Times New Roman;font-size:10pt;' > of</font><font style='font-family:Times New Roman;font-size:10pt;' > the fair value, defined as the closing price on the grant date, of the Company&#8217;s common stock. Options are exercisable as specified at the time of grant depending on the level of the recipient (generally </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' > years) and expire either </font><font style='font-family:Times New Roman;font-size:10pt;' >seven</font><font style='font-family:Times New Roman;font-size:10pt;' > or </font><font style='font-family:Times New Roman;font-size:10pt;' >ten</font><font style='font-family:Times New Roman;font-size:10pt;' > years from the date of grant (or shorter if specified or following termination of employment).</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under the restricted stock component of the Omnibus Plan, certain employees are granted restricted shares of th</font><font style='font-family:Times New Roman;font-size:10pt;' >e Company&#8217;s common stock. These awards have a re</font><font style='font-family:Times New Roman;font-size:10pt;' >striction period lasting </font><font style='font-family:Times New Roman;font-size:10pt;' >three</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' > years depending on the type of award, after which time the awards fully vest. During the vesting period, these shares may not be</font><font style='font-family:Times New Roman;font-size:10pt;' > sold. Restricted stock may be granted to all employees.&#160;</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There were </font><font style='font-family:Times New Roman;font-size:10pt;' >6,207,299</font><font style='font-family:Times New Roman;font-size:10pt;' > shares available for future grants under the Omnibus Plan as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >n accordance with accounting guidance for share-based payments, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company expenses the fair value of employee stock options and other forms of stock-based compensation. In addition, the guidance classifies share-based payment awards as either liability awards, which are remeasured at fair value at each balance sheet date</font><font style='font-family:Times New Roman;font-size:10pt;' >, or equity awards, which are measured on the grant date and not subsequently remeasured. Generally, awards with cash-based settlement repurchase features or that are settled at a fixed dollar amount are classified as liability awards, and changes in fair </font><font style='font-family:Times New Roman;font-size:10pt;' >value will be reported in earnings. Awards with net-settlement features or that permit a cashless exercise with third-party brokers are classified as equity awards and changes in fair value are not reported in earnings. The Company&#8217;s long-term incentive pl</font><font style='font-family:Times New Roman;font-size:10pt;' >ans include features which result in equity awards.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >In addition, the guidance requires the use of a forfeiture estimate. The Company uses historical employee termination information to estimate the forfeiture rate applied to current stock-based awards.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The</font><font style='font-family:Times New Roman;font-size:10pt;' > Company maintains voluntary retirement benefits</font><font style='font-family:Times New Roman;font-size:10pt;' >, which provide certain benefits to eligible employees of the Company upon retirement. A description of these benefits is included in the Company&#8217;s proxy statement.</font><font style='font-family:Times New Roman;font-size:10pt;' > One of the components of the retirement pro</font><font style='font-family:Times New Roman;font-size:10pt;' >gram for those employees that are retirement eligible is to continue to vest all </font><font style='font-family:Times New Roman;font-size:10pt;' >performance-based</font><font style='font-family:Times New Roman;font-size:10pt;' > stock options and restricted share awards beyond the retirement date in accordance with the original vesting terms and to immediately vest all outstanding </font><font style='font-family:Times New Roman;font-size:10pt;' >ti</font><font style='font-family:Times New Roman;font-size:10pt;' >me-based stock options and </font><font style='font-family:Times New Roman;font-size:10pt;' >restricted share grants. The accounting guidance for share-based payment requires compensation costs for those employees to be recognized from the date of grant through the retirement eligible date</font><font style='font-family:Times New Roman;font-size:10pt;' >. Accelerated expense</font><font style='font-family:Times New Roman;font-size:10pt;' >, if any,</font><font style='font-family:Times New Roman;font-size:10pt;' > relating to this retirement benefit for both stock option awards and restricted stock awards has been included in the c</font><font style='font-family:Times New Roman;font-size:10pt;' >ompensation expense amounts.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Restricted Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The fair value of the restricted shares awarded</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of cancellations, </font><font style='font-family:Times New Roman;font-size:10pt;' >determi</font><font style='font-family:Times New Roman;font-size:10pt;' >ned on the grant date was $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' > for </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >The amount of unearned compensation, net of </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated forfeitures, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;' > million as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, which is expected to be recognized as expense over a</font><font style='font-family:Times New Roman;font-size:10pt;' > weighted average period of </font><font style='font-family:Times New Roman;font-size:10pt;' >2.3</font><font style='font-family:Times New Roman;font-size:10pt;' > years. Unearned compensation is amortized to expense over the appropriate </font><font style='font-family:Times New Roman;font-size:10pt;' >three</font><font style='font-family:Times New Roman;font-size:10pt;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >five</font><font style='font-family:Times New Roman;font-size:10pt;' >-year vesting period</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Compensation expense related to the restricted shares, net of </font><font style='font-family:Times New Roman;font-size:10pt;' >estimated forfeitures, was $</font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > million, $</font><font style='font-family:Times New Roman;font-size:10pt;' >16</font><font style='font-family:Times New Roman;font-size:10pt;' > million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' > million for the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >There was no tax charge related to the restricted share</font><font style='font-family:Times New Roman;font-size:10pt;' > awards during </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >after consideration of the Company&#8217;s valuation allowance.  </font><font style='font-family:Times New Roman;font-size:10pt;' >The tax charge related to the restricted share awards d</font><font style='font-family:Times New Roman;font-size:10pt;' >uring </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > w</font><font style='font-family:Times New Roman;font-size:10pt;' >as</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million and, </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million respectively. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >A summary of the Company&#8217;s restricted shares outstanding as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, and changes during the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > on those dates, is presented in the following table:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:381pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Restricted Share Activity</font></td></tr><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:33.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,916,661</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3553</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,727,319</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9302</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,358,826</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.0047</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Granted</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >708,529</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3740</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >756,381</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2722</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >481,636</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8012</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Vested</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,051,657)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9732</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(917,039)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.6196</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,112,343)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.8988</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Forfeited</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,180,555)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2912</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(650,000)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.2601</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(800)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0500</font></td></tr><tr style='height:15pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,392,978</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.6142</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,916,661</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3553</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,727,319</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9302</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Stock Options</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company determines the fair value for stock option awards at the date of grant and is estimated using the Black-Scholes option pricing model. This model was developed for use in estimating the fair value of traded options that have no </font><font style='font-family:Times New Roman;font-size:10pt;' >vesting restrictions, are fully transferable</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and contain both service and some performance conditions. In addition, option valuation models require the input of highly subjective assumptions including the expected stock pri</font><font style='font-family:Times New Roman;font-size:10pt;' >ce volatility.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > there were </font><font style='font-family:Times New Roman;font-size:10pt;' >no</font><font style='font-family:Times New Roman;font-size:10pt;' > stock option award</font><font style='font-family:Times New Roman;font-size:10pt;' >s granted. The Company did not expense deferred tax assets during </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > after consideration of the Company&#8217;s valuation allowance.  During </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company expensed deferred tax assets of $</font><font style='font-family:Times New Roman;font-size:10pt;' >1</font><font style='font-family:Times New Roman;font-size:10pt;' > million and </font><font style='font-family:Times New Roman;font-size:10pt;' >$</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively, related to the stock option awards as a charge through the statements of operations. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, th</font><font style='font-family:Times New Roman;font-size:10pt;' >ere was no remaining </font><font style='font-family:Times New Roman;font-size:10pt;' >unrecognized compensation cost</font><font style='font-family:Times New Roman;font-size:10pt;' > and all stock options had vested</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There were no stock options outstanding as of December 31, 2017.  </font><font style='font-family:Times New Roman;font-size:10pt;' >A summary of the Company&#8217;s stock options outstanding as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, and changes during the </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > on those dates, is presented in the following tables:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercised</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(200,000)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0500</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,050,000)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.4722</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Expired or forfeited</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37,800)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65.5624</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37,500)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57.5100</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(222,700)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59.2118</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercisable at end of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Performance Based Awards</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2017, the Company granted 65,287 restricted shares to certain key employees which have a vesting schedule dependent on the achievement of certain stock price targets of the Company and 127,001</font><font style='font-family:Times New Roman;font-size:10pt;' > restricted shares to certain key employees which have a vesting schedule dependent on the achievement of certain internal performance </font><font style='font-family:Times New Roman;font-size:10pt;' >conditions</font><font style='font-family:Times New Roman;font-size:10pt;' > of the Company. The grants and corresponding compensation expense have been included in the above restr</font><font style='font-family:Times New Roman;font-size:10pt;' >icted stock disclosures. </font><font style='font-family:Times New Roman;font-size:10pt;' >As permitted by the accounting guidance for share-based payment</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company estimates the fair value of awards that contain market performance conditions at the date of grant using a binomial lattice model with a Monte Carlo simu</font><font style='font-family:Times New Roman;font-size:10pt;' >lation</font><font style='font-family:Times New Roman;font-size:10pt;' > and recognizes compensation cost over the requisite service period</font><font style='font-family:Times New Roman;font-size:10pt;' >. The binomial lattice model can better incorporate assumptions about a stock price path because the model can accommodate a large number of potential stock prices over the award&#8217;s te</font><font style='font-family:Times New Roman;font-size:10pt;' >rm in comparison to the Black-Scholes model.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company estimates the fair value of awards that contain internal performance conditions at the date of grant</font><font style='font-family:Times New Roman;font-size:10pt;' > and recognizes compensation cost over the requisite service period if it is probable that the inte</font><font style='font-family:Times New Roman;font-size:10pt;' >rnal performance conditions </font><font style='font-family:Times New Roman;font-size:10pt;' >will be achieved. The Company reassess</font><font style='font-family:Times New Roman;font-size:10pt;' >es</font><font style='font-family:Times New Roman;font-size:10pt;' > the probability of ve</font><font style='font-family:Times New Roman;font-size:10pt;' >sting at each reporting period and the final com</font><font style='font-family:Times New Roman;font-size:10pt;' >pensation cost associated with awards dependent on the achievement </font><font style='font-family:Times New Roman;font-size:10pt;' >of certain internal performance conditions will ref</font><font style='font-family:Times New Roman;font-size:10pt;' >lect only those awards that ultimately vest.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 40<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65895303&amp;loc=d3e17540-113929<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 50<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68057994&amp;loc=d3e25284-112666<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 14)<br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5444-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900799968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareTextBlock', window );">Earnings Per Share</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 17: Earnings Per Share</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Earnings p</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >a</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > is calculated using the two-class method in which earnings are allocated to common stock and participating securities based on their rights to receive nonforfeitable dividends or dividend equivalents. The Company grants </font><font style='font-family:Times New Roman;font-size:10pt;' >restricted stock and restricted stock units to certain employees and non-employee directors in accordance with the Company&#8217;s long-term incentive programs, which entitle the participants to receive nonforfeitable dividends or dividend equivalents during the</font><font style='font-family:Times New Roman;font-size:10pt;' > vesting period on the same basis as those dividends are paid to common shareholders. These unvested stock awards represent participating securities. During periods of net income, the calculation of earnings per share exclude the income attributable to par</font><font style='font-family:Times New Roman;font-size:10pt;' >ticipating securities in the numerator and the dilutive impact of these securities from the denominator. During periods of net loss, no effect is given to participating securities in the numerator and the denominator excludes the dilutive impact of these s</font><font style='font-family:Times New Roman;font-size:10pt;' >ecurities since they do not share in the losses of the Company.  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Basic earnings per share excludes dilution and is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the peri</font><font style='font-family:Times New Roman;font-size:10pt;' >od. Diluted earnings per share reflects the dilutive effect of all stock options, warrants and unvested restricted stock outstanding during the period that could potentially result in the issuance of common stock. The dilution from stock options, warrants </font><font style='font-family:Times New Roman;font-size:10pt;' >and unvested restricted stock are calculated by applying the two-class method and using the treasury stock method. The treasury stock method assumes the proceeds from the exercise of stock options and warrants or the unrecognized compensation expense from </font><font style='font-family:Times New Roman;font-size:10pt;' >unvested restricted stock will be used to purchase shares of the Company&#8217;s common stock at the average market price during the period. </font><font style='font-family:Times New Roman;font-size:10pt;' >During periods of net loss, stock options, warrants and unvested restricted stock are excluded from the calculation becau</font><font style='font-family:Times New Roman;font-size:10pt;' >se they would have an antidilutive affect. Therefore, in periods of net loss, the calculation of basic and diluted earnings per share would result in the same value. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > followin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > tabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > th</font><font style='font-family:Times New Roman;font-size:10pt;' >e computation of basic and diluted earnings per share f</font><font style='font-family:Times New Roman;font-size:10pt;' >o</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions except per share amounts</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Basic earnings per share:</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per basic common share</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.50)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.54)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.06</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:264pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Diluted earnings per share:</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effect of common stock equivalents:</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Stock options</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.0</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Diluted weighted average shares</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >164.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per diluted common share</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.50)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.54)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.06</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:22.15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Potentially dilutive securities excluded from the diluted EPS because of antidilutive affect</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.5</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.0</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > (1) Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend </font></td><td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.</font></td><td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1278-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.21)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>R27.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900615184">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Common and Preferred Stock<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityNoteAbstract', window );"><strong>Common And Preferred Stock [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityNoteDisclosureTextBlock', window );">Common And Preferred Stock</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 18: Common and Preferred Stock</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Common Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Share </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Repurchase</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Repurchases of common stock may be made from time to time in the open market or in private transactions as permitted by securities laws and other legal requirements. The Company believes that share repurchases </font><font style='font-family:Times New Roman;font-size:10pt;' >can be an appropriate deployment of capital in excess of amounts needed to support the Company&#8217;s liquidity while maintaining the claims-paying resources of MBIA Corp. and National, as well as other business needs.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In the fourth quarter of </font><font style='font-family:Times New Roman;font-size:10pt;' >20</font><font style='font-family:Times New Roman;font-size:10pt;' >14</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8217;s Board of Directors authorized the repurchase of common stock up to $</font><font style='font-family:Times New Roman;font-size:10pt;' >200</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >million under a new </font><font style='font-family:Times New Roman;font-size:10pt;' >share repurchase program. </font><font style='font-family:Times New Roman;font-size:10pt;' >On July 29, 2015, the Company&#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its ou</font><font style='font-family:Times New Roman;font-size:10pt;' >tstanding shares under a new share repurchase program, which superseded and terminated the prior fourth quarter 2014 authorization. The prior authorization had approximately $61 million of unused capacity at the time it was terminated. On October 28, 2015,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company&#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its outstanding common stock under a new share repurchase program, as the Company&#8217;s July 29, 2015 authorization was fully exhausted. During 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company exhausted any remaining capacity under the October 28, 2015 repurchase program.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On February 23, 2016, the Company&#8217;s Board of Directors authorized the repurchase by the Company or National of up to $100 million of its outstanding shares under </font><font style='font-family:Times New Roman;font-size:10pt;' >a new share repurchase authorization. On June 27, 2017, the Company&#8217;s Board of Directors approved a new share repurchase authorization for the Company or National to repurchase up to $250 million of the Company&#8217;s outstanding common shares. This new program</font><font style='font-family:Times New Roman;font-size:10pt;' > replaced approximately $13 million remaining under the Board&#8217;s February 23, 2016 authorization. During 2017, the Company exhausted any remaining capacity under the June 27, 2017 authorization. On November 3, 2017, the Company&#8217;s Board of Directors approved</font><font style='font-family:Times New Roman;font-size:10pt;' > a new share repurchase authorization for the Company or National to repurchase up to $250 million of the Company&#8217;s outstanding common shares. As of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, $250 million remained available under the November 3, 2017 program.  </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The following t</font><font style='font-family:Times New Roman;font-size:10pt;' >able provides information about the Company&#8217;s or National&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >share repurchases for the years ended December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions, except per share amounts</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of shares repurchased</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43.0</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.6</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.9</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Average price paid per share</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.55</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.37</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.60</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining authorization as of December 31</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >490,557</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >419,806</font><font style='font-family:Times New Roman;font-size:10pt;' > shares, respectively, were purchased by the Company for settling awards under the Company&#8217;s long-term incentive plans.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Stock Warrants</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2013, MBIA Inc. issued Blue Ridge Investments LLC (&#8220;Blue Ridge&#8221;), an affiliate of Bank of America, a five-year warrant to purchase 9.94 million shares of MBIA Inc. common stock at an exercise price of $9.59 per share. In March of 2017, Blue Ridge</font><font style='font-family:Times New Roman;font-size:10pt;' > transferred the warrant to Highbridge International LLC</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;Highbridge&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In August of 2013, pursuant to the anti-dilution provisions of warrants issued by MBIA to Warburg</font><font style='font-family:Times New Roman;font-size:10pt;' > Pincus </font><font style='font-family:Times New Roman;font-size:10pt;' >LLC</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;Warburg&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > in 2008</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA issued Warburg a five-year warrant to purchase 1</font><font style='font-family:Times New Roman;font-size:10pt;' >.91 million shares of MBIA common stock at an exercise price of $9.59 per share</font><font style='font-family:Times New Roman;font-size:10pt;' >, which was </font><font style='font-family:Times New Roman;font-size:10pt;' >transferred to Highbridge </font><font style='font-family:Times New Roman;font-size:10pt;' >in April of 2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.  </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Stock warrants are recorded as liabilities and reported within &#8220;Other liabilities&#8221; on the consolidated balance sheets d</font><font style='font-family:Times New Roman;font-size:10pt;' >ue to terms and conditions in the agreements that could require net cash settlement. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value of the warrants was $6 million and $33 million, respectively.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Preferred Stock</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Insurance Corporation had 2,759 shares of preferred stock issued and outstanding with a carrying value of $28 million</font><font style='font-family:Times New Roman;font-size:10pt;color:#1F497D;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >including 1,444 shares held by MBIA Inc. that were purchased at a weighted average price of $10,900 per share or </font><font style='font-family:Times New Roman;font-size:10pt;' >10.9</font><font style='font-family:Times New Roman;font-size:10pt;' >% of face val</font><font style='font-family:Times New Roman;font-size:10pt;' >ue and 1,315 shares held by unaffiliated investors. During 201</font><font style='font-family:Times New Roman;font-size:10pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;' >, MBIA Inc. did not repurchase any additional shares. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In accordance with MBIA&#8217;s fixed-rate election, the dividend rate on the preferred stock was determined using a fixed-rate equivalent of </font><font style='font-family:Times New Roman;font-size:10pt;' >L</font><font style='font-family:Times New Roman;font-size:10pt;' >IBOR plus 200 basis points</font><font style='font-family:Times New Roman;font-size:10pt;' >. Each share of preferred stock has a par value of $1,000 with a liquidation preference of $100,000. The holders of the preferred stock are </font><font style='font-family:Times New Roman;font-size:10pt;' >generally </font><font style='font-family:Times New Roman;font-size:10pt;' >not entitled to any voting rights. Subject to certain requirements, the preferre</font><font style='font-family:Times New Roman;font-size:10pt;' >d stock may be redeemed, in whole or in part, at the option of MBIA Corp. at any time or from time to time for cash at a redemption price equal to the liquidation preference per share plus any accrued and unpaid dividends thereon at the date of redemption </font><font style='font-family:Times New Roman;font-size:10pt;' >for the then current dividend period and any previously accumulated dividends payable without interest on such unpaid dividends. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, there were no </font><font style='font-family:Times New Roman;font-size:10pt;' >dividends declared on the preferred stock. Payment of dividends on MBIA C</font><font style='font-family:Times New Roman;font-size:10pt;' >orp.&#8217;s preferred stock is subject to the same restrictions that apply to dividends on common stock under NY</font><font style='font-family:Times New Roman;font-size:10pt;' >IL</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityNoteAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityNoteAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityNoteDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 4<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74567-122707<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21484-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21488-112644<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(e))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 4<br> -Subparagraph (SAB Topic 4.C)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187143-122770<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21506-112644<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23285-112656<br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Preferred Stock<br> -URI http://asc.fasb.org/extlink&amp;oid=6521494<br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21564-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityNoteDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918422128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accumulated Other Comprehensive Income<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNoteTextBlock', window );">Accumulated Other Comprehensive Income [Text Block]</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 19: Accumulated Other Comprehensive Income </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > followin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > tabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > changes in the components of AOCI fo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Gains (Losses)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >on AFS</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Foreign Currency</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities, Net</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Translation, Net</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, January 1, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(56)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(82)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(39)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(61)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(95)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(68)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(95)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(67)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(134)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:3.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >125</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >125</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2017</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:337.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:18.6pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:510pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:510pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes items included in the Company&#39;s loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > followin</font><font style='font-family:Times New Roman;font-size:10pt;' >g</font><font style='font-family:Times New Roman;font-size:10pt;' > tabl</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > present</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > details of the reclassifications from AOCI fo</font><font style='font-family:Times New Roman;font-size:10pt;' >r</font><font style='font-family:Times New Roman;font-size:10pt;' > th</font><font style='font-family:Times New Roman;font-size:10pt;' >e</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >years ended</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amounts Reclassified from AOCI</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:22.5pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >Details about AOCI Components</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Affected Line Item on the Consolidated </font><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Statements of Operations</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on AFS securities:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on sale of securities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value</font><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >     and foreign exchange </font></td></tr><tr style='height:12.75pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >OTTI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to OTTI</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  </font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Amortization on securities</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment income </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(9)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total reclassifications for the period</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(8)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNoteTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e689-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669619-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 17<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e716-108580<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e709-108580<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e681-108580<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Reclassification Adjustments<br> -URI http://asc.fasb.org/extlink&amp;oid=6522872<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNoteTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R29.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6666138240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Commitments and Contingencies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock', window );">Commitments and Contingencies</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Note 20: Commitments and Contingencies</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA has received subpoenas or informal inquiries from a variety of regulators, regarding a variety of subjects. MBIA has cooperated fully with each of these regulators and has or is in the process of satisfying all such requests. MBIA </font><font style='font-family:Times New Roman;font-size:10pt;' >may receive additional inquiries from these or other regulators and expects to provide additional information to such regulators regarding their inquiries in the future.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Litigation</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Insurance Corp. v. Credit Suisse Securities (USA) LLC, et al.</font><font style='font-family:Times New Roman;font-size:10pt;' >; Index N</font><font style='font-family:Times New Roman;font-size:10pt;' >o. 603751/2009 </font><font style='font-family:Times New Roman;font-size:10pt;' >(N.Y. Sup. Ct., N.Y. County)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On December&#160;14, 2009, MBIA Corp. commenced an action in New York State Supreme Court, New York County, against Credit Suisse</font><font style='font-family:Times New Roman;font-size:10pt;' > Securities (USA) LLC, DLJ Mortgage Capital, Inc. and Select Portfolio Servicing Inc. (c</font><font style='font-family:Times New Roman;font-size:10pt;' >ollectively, &#8220;Credit Suisse&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >The complaint seeks damages for fraud and breach of contractual obligations in connection with the procurement of financial guarantee insurance on the </font><font style='font-family:Times New Roman;font-size:10pt;' >Home Equity Mortgage Trust Series 2007-2 </font><font style='font-family:Times New Roman;font-size:10pt;' >securitization. </font><font style='font-family:Times New Roman;font-size:10pt;' >On January 30, 20</font><font style='font-family:Times New Roman;font-size:10pt;' >13, MBIA Corp. filed an amended complaint. </font><font style='font-family:Times New Roman;font-size:10pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >amended </font><font style='font-family:Times New Roman;font-size:10pt;' >complaint alleges, among other claims, that Credit Suisse falsely represented</font><font style='font-family:Times New Roman;font-size:10pt;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > (i)&#160;the attributes of the securitized loans; (ii)&#160;that the loans complied with the governing underwriting guidelines; and </font><font style='font-family:Times New Roman;font-size:10pt;' >(iii)&#160;that Credit Suisse had conducted extensive due diligence on and quality control reviews of the securitized loans to ensure compliance with the underwriting guidelines. The complaint further alleges that the defendants breached their contractual oblig</font><font style='font-family:Times New Roman;font-size:10pt;' >ations to cure or repurchase loans found to be in breach of the representations and warranties applicable thereto and denied MBIA the requisite access to all records and documents regarding the securitized loans. </font><font style='font-family:Times New Roman;font-size:10pt;' >On March 31, 2017, the court granted in par</font><font style='font-family:Times New Roman;font-size:10pt;' >t and denied in part the parties&#8217; summary judgment motions, including granting Credit Suisse&#8217;s request to dismiss MBIA&#8216;s fraud claim.</font><font style='font-family:Times New Roman;font-size:10pt;' > Oral argument before the Appellate Division of the Supreme Court, First Judicial Department on the parties&#8217; cross-appeals </font><font style='font-family:Times New Roman;font-size:10pt;' >from the court&#8217;s March 31, 2017 decision and order on the parties&#8217; summary judgment motions took place on October 24, 2017 and a decision is pending.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >MBIA Insurance Corp. v. J.P. Morgan Securities LLC (f/k/a Bear, Stearns&#160;&amp; Co. Inc.)</font><font style='font-family:Times New Roman;font-size:10pt;' >; Index No.&#160;64676/2012 </font><font style='font-family:Times New Roman;font-size:10pt;' >(N.Y. Sup. Ct., County of Westchester)</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On September 14, 2012, MBIA Corp. filed a complaint alleging fraud against </font><font style='font-family:Times New Roman;font-size:10pt;' >J.P. Morgan Securities LLC (f/k/a Bear, Stearns &amp; Co. Inc.) relating to Bear, Stearns &amp; Co. Inc.&#8217;s role as lead securities underwriter on the</font><font style='font-family:Times New Roman;font-size:10pt;' > GMAC Mortgage Corporation Home Equity Loan Trust 2006-HE4. On June 6, 2017, the parties filed a stipulation acknowledging that they had resolved the claims in litigation and dismissing the action with prejudice.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Ambac Bond Insurance Coverage Cases,</font><font style='font-family:Times New Roman;font-size:10pt;' > Coordi</font><font style='font-family:Times New Roman;font-size:10pt;' >nated Proceeding Case No. JCCP 4555 (Super. Ct. of Cal., County of San Francisco)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On July&#160;23, 2008, the City of Los Angeles filed a complaint in the Superior Court of the State of California, County of Los Angeles, against a number of financial guarantee i</font><font style='font-family:Times New Roman;font-size:10pt;' >nsurers, including MBIA. At the same time and subsequently, additional complaints were filed by </font><font style='font-family:Times New Roman;font-size:10pt;' >other municipal entities and quasi-municipal entities.</font><font style='font-family:Times New Roman;font-size:10pt;' > These cases are part of a coordination proceeding in Superior Court, San Francisco County, before Judge </font><font style='font-family:Times New Roman;font-size:10pt;' >C</font><font style='font-family:Times New Roman;font-size:10pt;' >urtis E. A. Karnow</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >In August </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >2011, </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >plaintiffs filed amended versions of their respective complaints. The claims allege </font><font style='font-family:Times New Roman;font-size:10pt;' >violation of California&#8217;s antitrust laws through maintaining a dual credit rating s</font><font style='font-family:Times New Roman;font-size:10pt;' >cale that misstated the credit default risk of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >certain </font><font style='font-family:Times New Roman;font-size:10pt;' >issuers</font><font style='font-family:Times New Roman;font-size:10pt;' >, thereby creating </font><font style='font-family:Times New Roman;font-size:10pt;' >market demand for bond insurance. </font><font style='font-family:Times New Roman;font-size:10pt;' >The p</font><font style='font-family:Times New Roman;font-size:10pt;' >laintiffs also allege that the individual bond insurers participated in risky financial transactions in other lines of business that damaged each bond insurer&#8217;s financial condition, </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >failure to </font><font style='font-family:Times New Roman;font-size:10pt;' >adequately disclose the impact of those transactions on their financial condition. The non-municipal plaintiffs also allege a California unfair competition cause of action. </font><font style='font-family:Times New Roman;font-size:10pt;' >On December 11, 2017, the parties reached a settlement of the litiga</font><font style='font-family:Times New Roman;font-size:10pt;' >tion, which is expected to be finalized in the first half of 2018, at which point the matter will be dismissed with prejudice. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Lynn Tilton and Patriarch Partners XV, LLC v. MBIA Inc. and MBIA Insurance Corp. v.</font><font style='font-family:Times New Roman;font-size:10pt;' >; Index No.68880/2015&#160;(N.Y. Sup. Ct., County </font><font style='font-family:Times New Roman;font-size:10pt;' >of Westchester)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On November 2, 2015, Lynn Tilton and Patriarch Partners XV, LLC filed a complaint in New York State Supreme Court, Westchester County, against MBIA Inc. and MBIA Corp., alleging fraudulent inducement and related claims arising from purporte</font><font style='font-family:Times New Roman;font-size:10pt;' >d promises made in connection with insurance policies issued by MBIA Corp. on certain collateralized loan obligations managed by Ms. Tilton and affiliated Patriarch entities, and seeking damages. The plaintiffs filed an amended complaint on January 15, 201</font><font style='font-family:Times New Roman;font-size:10pt;' >6. On January 17, 2017, MBIA filed its answer. Discovery concluded in October 2017 and a Trial Readiness Conference was held on November 3, 2017, at which the Cou</font><font style='font-family:Times New Roman;font-size:10pt;' >rt set a schedule for the briefing of summary judgment motions</font><font style='font-family:Times New Roman;font-size:10pt;' >, which was completed as of February 1, 2018 and a decision on which is now pending</font><font style='font-family:Times New Roman;font-size:10pt;' >. On January 8, 2018, Justice Gr</font><font style='font-family:Times New Roman;font-size:10pt;' >etchen Walsh was assigned to the case.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National Public Finance Guarantee Corporation v. Padilla, Civ. No. 16-cv-2101 </font><font style='font-family:Times New Roman;font-size:10pt;' >(D.P.R. June 15, 2016) (Besosa J.)</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On June 15, 2016, National filed a complaint in federal court in Puerto Rico challenging the Puerto Rico</font><font style='font-family:Times New Roman;font-size:10pt;' > Emergency Moratorium and Financial Rehabilitation Act (Law 21-2016 or the &#8220;Moratorium Act&#8221;) as unconstitutional under the United States Constitution. On June 22, 2016, National filed a motion for partial summary judgment on its claim that the Moratorium A</font><font style='font-family:Times New Roman;font-size:10pt;' >ct is preempted by the federal Bankruptcy Code. On July 7, 2016, the Puerto Rico defendants filed a motion to stay the case pursuant to the Puerto Rico Oversight, Management and Economic Stability Act (&#8220;PROMESA&#8221;), which was granted by the Court in August o</font><font style='font-family:Times New Roman;font-size:10pt;' >f 2016. The defendants filed their answer to the complaint on July 26, 2016.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >On November 15, 2016, the District Court denied National&#8217;s motion to lift the stay on litigation pursuant to PROMESA</font><font style='font-family:Times New Roman;font-size:10pt;' >. O</font><font style='font-family:Times New Roman;font-size:10pt;' >n January 30, 2017, the District Court denied without prejud</font><font style='font-family:Times New Roman;font-size:10pt;' >ice National&#8217;s partial motion for a summary judgment. On January 11, 2017, the U.S. Court of Appeals for the First Circuit affirmed the denial of a separate plaintiff&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >motion to lift the PROMESA stay in a related action challenging the Moratorium Act. Acc</font><font style='font-family:Times New Roman;font-size:10pt;' >ordingly, the case remained stayed through May 1, 2017, at which time the PROMESA stay expired. However, on May 3, 2017, Puerto Rico filed a Title III petition under PROMESA, thereby staying this dispute under Title III of PROMESA. On August 1, 2017, the D</font><font style='font-family:Times New Roman;font-size:10pt;' >istrict Court dismissed the case with prejudice. On August 28, 2017, National filed a motion for reconsideration.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Assured Guaranty Corp. et al. v. Commonwealth of Puerto Rico et al., </font><font style='font-family:Times New Roman;font-size:10pt;' >Case No. 3:17-cv-01578 (D.P.R. May 3, 2017) (Swain, J.)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On May 3, 2017, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Financial Oversight and Management Board filed a petition under Title III of PROMESA to adjust the debts of Puerto Rico.&#160;On the same day, National, together with Assured Guaranty Corp. and Assured Guaranty Municipal Corp., f/k/a Financial Security Assu</font><font style='font-family:Times New Roman;font-size:10pt;' >rance Inc., filed an adversary complaint in the case commenced by the Title III filing, alleging that the Fiscal Plan and the Fiscal Plan Compliance Act, signed into law by the Governor of Puerto Rico on April 29, 2017, violate PROMESA and the United State</font><font style='font-family:Times New Roman;font-size:10pt;' >s Constitution. On October 6, 2017, National, together with the other plaintiffs in the filing, voluntarily dismissed the complaint without prejudice.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >The Bank of New York Mellon v. Puerto Rico Sales Tax Financing Corporation, et al.</font><font style='font-family:Times New Roman;font-size:10pt;' >, Case No. 17-133-LTS (</font><font style='font-family:Times New Roman;font-size:10pt;' >D.P.R. May 16, 2017) (Swain, J.)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On May 16, 2017, the Bank of New York Mellon, as trustee for COFINA, filed an adversary complaint seeking an interpleader and declaratory relief relating to conflicting directions from multiple stakeholders regarding allege</font><font style='font-family:Times New Roman;font-size:10pt;' >d events of default. National has intervened in this matter. Given the complexity of the issues, the judge granted Bank of New York&#8217;s interpleader request ordering a freeze on disbursements to all bondholders and temporarily setting aside the funds until t</font><font style='font-family:Times New Roman;font-size:10pt;' >he dispute can be resolved between the parties. Under a scheduling order, discovery is underway and motions for summary judgment and opening briefs were </font><font style='font-family:Times New Roman;font-size:10pt;' >filed on February 21</font><font style='font-family:Times New Roman;font-size:10pt;' >, 2018.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Assured Guaranty Corp. et al. v. Commonwealth of Puerto Rico et al.</font><font style='font-family:Times New Roman;font-size:10pt;' >, Case N</font><font style='font-family:Times New Roman;font-size:10pt;' >o. 17 BK 3567-LTS (D.P.R. June 3, 2017) (Swain, J.)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On May 21, 2017, the Oversight Board filed a petition under Title III of PROMESA to adjust the debts for the Puerto Rico Highways &amp; Transportation Authority (&#8220;PRHTA&#8221;). On June 3, 2017, National, together </font><font style='font-family:Times New Roman;font-size:10pt;' >with Assured Guaranty Corp. and Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company, filed an adversary complaint PRHTA Title III case, alleging that the Commonwealth and PRHTA are unlawfully diverting pledged special revenues from th</font><font style='font-family:Times New Roman;font-size:10pt;' >e payment of certain PRHTA bonds to the Commonwealth&#8217;s General Fund. Motions to dismiss were filed on June 28, 2017, and oral arguments were heard on November 21, 2017. On January 30, 2018, the court granted the Commonwealth defendants&#8217; motion to dismiss t</font><font style='font-family:Times New Roman;font-size:10pt;' >he PRHTA-related adversary complaint. </font><font style='font-family:Times New Roman;font-size:10pt;' >On February 9, 2018, National, together with Assured, Assured Guaranty Municipal Corp. and Financial Guaranty Insurance Company, filed their notice of appeal of the motions to dismiss to the United States Court of Appe</font><font style='font-family:Times New Roman;font-size:10pt;' >als for the First Circuit.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National Public Finance Guarantee Corp. et al. v. The Financial Oversight and Mgmt. Bd. et al.</font><font style='font-family:Times New Roman;font-size:10pt;' >, Case No. 3:17-cv-01882 (D.P.R. June 26, 2017) (Besosa, J.)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On June 26, 2017, National, together with Assured Guaranty Corp. and Assur</font><font style='font-family:Times New Roman;font-size:10pt;' >ed Guaranty Municipal Corp., filed a complaint against the Oversight Board, its chairman and certain of its members seeking declaratory, injunctive and mandamus relief requiring the Oversight Board to comply with certain of its obligations under PROMESA. O</font><font style='font-family:Times New Roman;font-size:10pt;' >n July 17, 2017, the plaintiffs filed an amended complaint against the Oversight Board, its chairman, and certain of its members in their official and individual capacities, seeking declaratory relief under PROMESA and asserting a claim for nominal damages</font><font style='font-family:Times New Roman;font-size:10pt;' > against the individual defendants for tortious interference with the PREPA Restructuring Support Agreement. By order of the Court date August 7, 2017, the litigation was stayed.  </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >National Public Finance Guarantee Corp. et al. v. The Financial Oversight a</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >nd Mgmt. Bd. et al., Case No. 17 BK-04780 (D.P.R. August 7, 2017) </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >On August 7, 2017, National, together with Assured Guaranty Corp., Assured Guaranty Municipal Corp., the Ad Hoc Group of PREPA &#160;</font><font style='font-family:Times New Roman;font-size:10pt;' >Bondholders, and Syncora Guarantee Inc.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > filed an adversary co</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >mplaint under Title III of PROMESA against PREPA, the Financial Oversight and Management Board for Puerto Rico, Puerto Rico Fiscal Agency and Financial Advisory Authority, </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;color:#000000;' >et al</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > to </font><font style='font-family:Times New Roman;font-size:10pt;' >enforce Plaintiffs&#8217; contractual interest and constitutional right to revenu</font><font style='font-family:Times New Roman;font-size:10pt;' >es that PREPA pledged to bondholders but has thus far refused to turn over.&#160;Plaintiffs seek a declaration that Defendants have violated sections 922(d) and 928(a) of the Bankruptcy Code, and that efforts to compel Defendants to apply such revenues to pay f</font><font style='font-family:Times New Roman;font-size:10pt;' >or debt service on the Bonds are not stayed as provided under section 922(d) of the Bankruptcy Code.&#160;Plaintiffs also seek a declaration that, pursuant to sections 922(d) and 928 of the Bankruptcy Code as incorporated into PROMESA, PREPA is only authorized </font><font style='font-family:Times New Roman;font-size:10pt;' >to use Revenues to pay for current operating expenses in the current time period, not for future expenses that may be deferred to or payable at a later date.&#160;In addition to declaratory relief, Plaintiffs also seek injunctive relief prohibiting Defendants f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom taking or causing to be taken any action that would further violate sections 922(d) and 928(a) of the Bankruptcy Code and ordering Defendants to remit Revenues for the uninterrupted and timely payment of debt service on the Bonds in accordance with sec</font><font style='font-family:Times New Roman;font-size:10pt;' >tions 922(d) and 928(a) of the Bankruptcy Code. On October 13, 2017, National, together with the other plaintiffs in the filing, voluntarily dismissed without prejudice the above referenced adversary complaint.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >The Official Committee of Unsecured Creditors</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > of the Commonwealth of Puerto Rico, as agent of the Commonwealth of Puerto Rico</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >v. Bettina Whyte, as agent of the Puerto Rico Sales Tax Financing Corporation</font><font style='font-family:Times New Roman;font-size:10pt;' >, Adv. Proc. No. 17-257-LTS in Case No. 17 BK</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >3283-LTS (D.P.R. Sept. 8, 2017)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On August 10, 2017, </font><font style='font-family:Times New Roman;font-size:10pt;' >the Court approved and entered a Stipulation and Order Approving Procedure to Resolve Commonwealth-COFINA Dispute in the PROMESA Title III proceeding relating to whether sales and use taxes purportedly pledged by COFINA to secure debt are property of the C</font><font style='font-family:Times New Roman;font-size:10pt;' >ommonwealth or COFINA under applicable law. On November 16, 2017, National intervened as a Defendant in the adversary proceeding and filed its answer, affirmative defenses, and counterclaims. On December 21, 2017, the Court issued an order, which, inter al</font><font style='font-family:Times New Roman;font-size:10pt;' >ia, dismissed without prejudice, certain claims of the intervenors that exceeded the scope of the Commonwealth-COFINA dispute including certain of National&#39;s counterclaims. National&#8217;s first counterclaim which seeks a declaratory judgment that the COFINA st</font><font style='font-family:Times New Roman;font-size:10pt;' >atutes are constitutional remains a part of this litigation. On January 13, 2018, the Court permitted the Commonwealth Agent to file a second amended complaint. National&#8217;s answer was filed on January 30, 2018.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For those </font><font style='font-family:Times New Roman;font-size:10pt;' >aforementioned actions in which it i</font><font style='font-family:Times New Roman;font-size:10pt;' >s a defendant</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company is defending against those actions </font><font style='font-family:Times New Roman;font-size:10pt;' >and expects ultimately to prevail on the merits. There is no assurance, however, that the Company will prevail in these actions. Adverse rulings in these actions could have a material adverse ef</font><font style='font-family:Times New Roman;font-size:10pt;' >fect on the Company&#8217;s ability to implement its strategy </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >on its business, results of operations, cash flows and financial condition. At this stage of the litigation, there has not been a determination as to the amount, if any, of damages. Accordingly, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company is not able to estimate any amount of loss or range of loss.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company similarly can provide no assurance that it will be successful in those actions in which it is a plaintiff.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >There are no other material lawsuits pending or, to the knowledge</font><font style='font-family:Times New Roman;font-size:10pt;' > of the Company, threatened, to which the Company or any of its subsidiaries is a part</font><font style='font-family:Times New Roman;font-size:10pt;' >y.</font></p><p style='text-align:justify;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Lease </font><font style='font-family:inherit;font-size:10pt;font-weight:bold;font-style:italic;' >Commitments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has a lease agreement for it</font><font style='font-family:Times New Roman;font-size:10pt;' >s headquarters </font><font style='font-family:Times New Roman;font-size:10pt;' >in </font><font style='font-family:Times New Roman;font-size:10pt;' >Purchase, New York</font><font style='font-family:Times New Roman;font-size:10pt;' > as well as other immaterial leases for offices in New York, New York and San Francisco, California. </font><font style='font-family:Times New Roman;font-size:10pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Purchase, New York </font><font style='font-family:Times New Roman;font-size:10pt;' >initial lease term expires in 2030 with the option to terminate the lease in 2025 upon the payment of a termination amount. </font><font style='font-family:Times New Roman;font-size:10pt;' >This lea</font><font style='font-family:Times New Roman;font-size:10pt;' >se agreement included an incentive amount to fund certain leasehold improvements, renewal options, </font><font style='font-family:Times New Roman;font-size:10pt;' >escalation </font><font style='font-family:Times New Roman;font-size:10pt;' >clauses and a free rent period. This</font><font style='font-family:Times New Roman;font-size:10pt;' > lease agreement has been classified as an operating lease, and operating rent expense </font><font style='font-family:Times New Roman;font-size:10pt;' >has been </font><font style='font-family:Times New Roman;font-size:10pt;' >recognized on </font><font style='font-family:Times New Roman;font-size:10pt;' >a straight-line basis</font><font style='font-family:Times New Roman;font-size:10pt;' > since the second quarter of 2014. As of December 31, 2017, total future minimum lease payments remaining on this lease were $</font><font style='font-family:Times New Roman;font-size:10pt;' >36</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for commitments and contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6449706&amp;loc=d3e16207-108621<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 460<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=68068213&amp;loc=d3e12565-110249<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=25496072&amp;loc=d3e14435-108349<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.25)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 440<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=73718637&amp;loc=d3e25287-109308<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R30.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900773792">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule I- Investments<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract', window );"><strong>Summary of Investments, Other than Investments in Related Parties [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock', window );">Schedule I - Summary Of Investments, Other Than Investments In Related Parties</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE I</font></td></tr><tr style='height:18pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. AND SUBSIDIARIES</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SUMMARY OF INVESTMENTS, OTHER THAN INVESTMENTS IN RELATED PARTIES</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:12.75pt;' ><td colspan='14' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount at</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >which shown</font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:251.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:251.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in the</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Type of investment</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >balance sheet</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Available-for-sale:</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >985</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,014</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,014</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >840</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >857</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >857</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,173</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,117</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,117</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >365</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:275.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:275.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >175</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total long-term available-for-sale</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,759</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,743</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,743</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Short-term available-for-sale</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >676</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >676</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >676</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity available-for-sale</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total available-for-sale</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,438</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,423</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,423</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments at fair value</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >223</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td></tr><tr style='height:12.75pt;' ><td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td></tr><tr style='height:14.1pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:263.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:263.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,663</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,655</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,655</font></td></tr><tr style='height:21pt;' ><td colspan='6' rowspan='1' style='width:318.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated variable interest entities:</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments at fair value</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >157</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >182</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >182</font></td></tr><tr style='height:14.1pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Held-to-maturity:</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:287.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:287.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,085</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,679</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,679</font></td></tr><tr style='height:14.1pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:270.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:270.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments of consolidated variable interest entities</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,132</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,777</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,751</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 7<br> -Subparagraph (SX 210.12-15)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611379-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900910976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule II- Parent Company Financials<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract', window );"><strong>Condensed Financial Information of Parent Company Only Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock', window );">Condensed Financial Information of Parent Company Only Disclosure</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:18pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >CONDENSED BALANCE SHEETS</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions except share and per share amounts)</font></td></tr><tr style='height:13.5pt;' ><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:21.95pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > </font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets </font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $590 and $687)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >639</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >725</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments carried at fair value</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments pledged as collateral, at fair value (amortized cost $155 and $242)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >148</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >233</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Short-term investments held as available-for-sale, at fair value (amortized cost $283 and $278)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >283</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >278</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,079</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,244</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment in wholly-owned subsidiaries</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,290</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,673</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred income taxes, net</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,003</font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3,523</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,040</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities and Shareholders&#39; Equity </font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities: </font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >301</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >361</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >576</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >576</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Affiliate loans payable</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >772</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >901</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income taxes payable</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >696</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Calibri;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >224</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >279</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >2,110</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >2,813</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='3' rowspan='1' style='width:414.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:414.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Shareholders&#39; Equity:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Common stock, par value $1 per share; authorized shares--400,000,000; issued shares--283,717,973</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and 283,989,999</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >284</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >284</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additional paid-in capital</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,171</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,160</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Retained earnings </font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,095</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,700</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accumulated other comprehensive income (loss), net of tax</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:408pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:408pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Treasury stock, at cost--192,233,526 and 148,789,168 shares</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3,118)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,789)</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total shareholders&#39; equity of MBIA Inc.</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >1,413</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3,227</font></td></tr><tr style='height:12.75pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Total liabilities and shareholders&#39; equity</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3,523</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >6,040</font></td></tr><tr style='height:15pt;' ><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:401.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:401.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:12.75pt;' ><td colspan='9' rowspan='1' style='width:546.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:546.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:18pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >CONDENSED STATEMENTS OF OPERATIONS</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:189.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:189.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years ended December 31,</font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Revenues:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net investment income</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(34)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment losses related to other-than-temporary impairments:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:311.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment losses related to other-than-temporary impairments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:311.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:311.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other-than-temporary impairments recognized in accumulated other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >comprehensive income (loss)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other net realized gains (losses)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total revenues</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >111</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Expenses:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Operating</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >95</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expenses</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >106</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gain (loss) before income taxes and equity in earnings of subsidiaries</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(74)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(91)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >507</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:323.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:323.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gain (loss) before equity in earnings of subsidiaries</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(581)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(76)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:335.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:335.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Equity in net income (loss) of subsidiaries</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,024)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(262)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >189</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Net income (loss)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:299.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:299.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:12.75pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE II</font></td></tr><tr style='height:15pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. (PARENT COMPANY)</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >CONDENSED STATEMENTS OF CASH FLOWS</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(In millions)</font></td></tr><tr style='height:11.1pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:172.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >Years ended December 31,</font></td></tr><tr style='height:11.1pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:14.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from operating activities:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fees and reimbursements received</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investment income received</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >141</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >144</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >142</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Operating expenses paid</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(27)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(18)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(24)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Interest paid, net of interest converted to principal</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(78)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(84)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(88)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Income taxes (paid) received</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >73</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >108</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by operating activities</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >62</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >138</font></td></tr><tr style='height:2.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from investing activities:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(164)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(129)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(606)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >172</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >165</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >325</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Paydowns and maturities of available-for-sale investments</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >152</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >90</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >186</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of investments at fair value</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(70)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(57)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(144)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales, paydowns and maturities of investments at fair value</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >71</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >58</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >171</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Sales, paydowns and maturities (purchases) of short-term investments, net</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(34)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >232</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Payments) proceeds for derivative settlements</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(30)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(37)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >43</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateral (to) from counterparty</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >52</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(31)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Contributions to subsidiaries, net</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Advances to subsidiaries, net</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other investing</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >24</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by investing activities</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >86</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >133</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >216</font></td></tr><tr style='height:2.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash flows from financing activities:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Proceeds from investment agreements</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >15</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >16</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >21</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Principal paydowns of investment agreements</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(81)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(80)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(111)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Proceeds from long-term debt</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >127</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Principal paydowns of long-term debt</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(11)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Payments for affiliate loans</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(156)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(111)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(103)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Purchases of treasury stock</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(65)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(108)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(234)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Restricted stock awards settlements</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >19</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by financing activities</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(149)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(275)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(419)</font></td></tr><tr style='height:2.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Effect of exchange rates on cash and cash equivalents</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:2.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net increase (decrease) in cash and cash equivalents</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(65)</font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash and cash equivalents - beginning of year</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >35</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >100</font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Cash and cash equivalents - end of year</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >35</font></td></tr><tr style='height:3pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-style:italic;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td colspan='4' rowspan='1' style='width:353.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:353.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Reconciliation of net income (loss) to net cash provided (used) by operating activities:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net income (loss)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1,605)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(338)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >180</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:341.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:341.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Change in:</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Intercompany accounts receivable</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(22)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(8)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Arial;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Current income taxes</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >48</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >78</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >109</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Arial;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Equity in earnings of subsidiaries</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,024</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >262</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(189)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Arial;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Dividends from subsidiaries</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >118</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >118</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net (gains) losses on financial instruments at fair value and foreign exchange</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(59)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other net realized (gains) losses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(21)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Deferred income tax provision (benefit)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >485</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(20)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(Gains) losses on extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(28)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(5)</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other operating</font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >13</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >18</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:343.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:343.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total adjustments to net income (loss)</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,667</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >457</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(42)</font></td></tr><tr style='height:11.45pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Net cash provided (used) by operating activities</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >62</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >119</font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >138</font></td></tr><tr style='height:1.5pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:317.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:317.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:14.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:14.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >The condensed financial statements should be read in conjunction with the</font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:540pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >consolidated financial statements and notes thereto and the accompanying notes.</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >SCHEDULE II</font></p><p style='text-align:center;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >MBIA INC. (PARENT COMPANY)</font></p><p style='text-align:center;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >NOTES TO CONDENSED FINANCIAL STATEMENTS</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >1. Condensed Financial Statements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles </font><font style='font-family:Times New Roman;font-size:10pt;' >generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the Company&#8217;s consolidated financial statements and the notes thereto.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The activities o</font><font style='font-family:Times New Roman;font-size:10pt;' >f MBIA Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >(the &#8220;Parent Company&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > consist of general corporate activities and funding activities, which principally include holding and managing investments, servicing outstanding corporate debt, investment agreements issued by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > and its </font><font style='font-family:Times New Roman;font-size:10pt;' >subsidiaries, and posting collateral under investment agreement and derivative contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > is subject to the same liquidity risks and uncertainties as described in footnote 1 to the Company&#8217;s consolidated financial statements. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >the liquidity position of the Parent Company,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >which included cash and cash equivalents or short-term investments comprised of highly rated commercial paper, money market funds and municipal, U.S. agency and corporate bonds for general corpo</font><font style='font-family:Times New Roman;font-size:10pt;' >rate purposes, excluding the amount held in escrow under its tax sharing agreement, was</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >419</font><font style='font-family:Times New Roman;font-size:10pt;' > million.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During 2017, National purchased from the Parent Company, $</font><font style='font-family:Times New Roman;font-size:10pt;' >129</font><font style='font-family:Times New Roman;font-size:10pt;' > million principal amount of MBIA Inc. </font><font style='font-family:Times New Roman;font-size:10pt;' >5.70</font><font style='font-family:Times New Roman;font-size:10pt;' >0% Senior Notes due </font><font style='font-family:Times New Roman;font-size:10pt;' >2034</font><font style='font-family:Times New Roman;font-size:10pt;' > that were pr</font><font style='font-family:Times New Roman;font-size:10pt;' >eviously repurchased by the Parent Company and had not been retired</font><font style='font-family:Times New Roman;font-size:10pt;' >. The </font><font style='font-family:Times New Roman;font-size:10pt;' >MBIA Inc. 5.700%</font><font style='font-family:Times New Roman;font-size:10pt;' > Senior Notes due 2034 that were purchased by National were eliminated from the Parent Company&#8217;s condensed balance sheet.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >2. Accounting Policies</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he </font><font style='font-family:Times New Roman;font-size:10pt;' >Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > car</font><font style='font-family:Times New Roman;font-size:10pt;' >ries its investments in subsidiaries under the equity method.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain amounts have been reclassified in prior years&#8217; financial statements to conform to the current presentation. </font><font style='font-family:Times New Roman;font-size:10pt;' >This includes a change in the presentation of cash paid when withholding share</font><font style='font-family:Times New Roman;font-size:10pt;' >s for tax-withholding purposes in &#8220;Purchases of treasury stock&#8221; on the Parent Company&#8217;s condensed statement of cash flows as required under Accounting Standards Update (&#8220;ASU&#8221;) 2016-09, &#8220;Compensation-Stock Compensation (Topic 718)&#8221;. The change in presentati</font><font style='font-family:Times New Roman;font-size:10pt;' >on effected &#8220;Operating expenses paid&#8221;, in operating cash flows and &#8220;Purchases of treasury stock&#8221;, in financing cash flows, on the Parent Company&#8217;s condensed statement of cash flows in prior periods.</font><font style='font-family:Times New Roman;font-size:10pt;' > The reclassifications had no material impact on total rev</font><font style='font-family:Times New Roman;font-size:10pt;' >enues, expenses, assets, liabilities, shareholders&#8217; equity, operating cash flows, investing cash flows, or financing cash flows for all periods presented.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For a further discussion of significant accounting policies and recent accounting pronouncements, ref</font><font style='font-family:Times New Roman;font-size:10pt;' >er to footnotes 2 and 3 to the Company&#8217;s consolidated financial statements.  </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >3. Dividends from Subsidiaries</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >National Public Finance Guarantee Holdings, Inc. declared and paid a dividend of $118 million to the Parent Company.   </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >During </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >National Public Finance Guarantee Holdings, Inc.</font><font style='font-family:Times New Roman;font-size:10pt;' > declared and paid </font><font style='font-family:Times New Roman;font-size:10pt;' >a </font><font style='font-family:Times New Roman;font-size:10pt;' >dividend of $</font><font style='font-family:Times New Roman;font-size:10pt;' >114</font><font style='font-family:Times New Roman;font-size:10pt;' > million to </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' > Trifinium Holdings Limited d</font><font style='font-family:Times New Roman;font-size:10pt;' >ecl</font><font style='font-family:Times New Roman;font-size:10pt;' >ared and paid dividends of $1</font><font style='font-family:Times New Roman;font-size:10pt;' > million to </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company and MBIA Services Corp. </font><font style='font-family:Times New Roman;font-size:10pt;' >declared and paid a dividend of $1 million to the Parent Company.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >4. </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >Deferred Tax Asset, Net of Valuation Allowance</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Parent Company recognizes deferred tax assets and liabilities for the expected future tax consequences of events that have been included</font><font style='font-family:Times New Roman;font-size:10pt;' > in the financial statements or tax returns. Deferred tax assets and liabilities are determined based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the year in which the dif</font><font style='font-family:Times New Roman;font-size:10pt;' >ferences are expected to reverse. The effect of a change in tax rates on tax assets and liabilities is recognized in income in the period that includes the enactment date. Valuation allowances are established to reduce deferred tax assets to the amount tha</font><font style='font-family:Times New Roman;font-size:10pt;' >t more likely than not will be realized.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Parent Company considered all available positive and negative evidence as required by </font><font style='font-family:Times New Roman;font-size:10pt;' >generally accepted accounting principles</font><font style='font-family:Times New Roman;font-size:10pt;' >, to estimate if sufficient taxable income will be generated to use its</font><font style='font-family:Times New Roman;font-size:10pt;' > net</font><font style='font-family:Times New Roman;font-size:10pt;' > deferred </font><font style='font-family:Times New Roman;font-size:10pt;' >tax asset</font><font style='font-family:Times New Roman;font-size:10pt;' >. After considering all positive and negative evidence, including the Parent Company&#8217;s inability to objectively identify and forecast future sources of taxable income, the Parent Company concluded in the second quarter of 2017 it did not have suff</font><font style='font-family:Times New Roman;font-size:10pt;' >icient positive evidence to support its ability to use its </font><font style='font-family:Times New Roman;font-size:10pt;' >net deferred tax asset</font><font style='font-family:Times New Roman;font-size:10pt;' > before </font><font style='font-family:Times New Roman;font-size:10pt;' >it</font><font style='font-family:Times New Roman;font-size:10pt;' > would expire. Acc</font><font style='font-family:Times New Roman;font-size:10pt;' >ordingly, the Parent Company established</font><font style='font-family:Times New Roman;font-size:10pt;' > a full valuation allowance against its net deferred tax asset.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >For a further discussion of </font><font style='font-family:Times New Roman;font-size:10pt;' >the net deferre</font><font style='font-family:Times New Roman;font-size:10pt;' >d tax asset, refer to footnote</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >11</font><font style='font-family:Times New Roman;font-size:10pt;' > to the Company&#8217;s consolidated financial statements.  </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >5</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Obligations under Investment Agreements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >I</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestment agreement</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' >, as described in footnote </font><font style='font-family:Times New Roman;font-size:10pt;' >10</font><font style='font-family:Times New Roman;font-size:10pt;' > to the Company&#8217;s consolidated financial statements, </font><font style='font-family:Times New Roman;font-size:10pt;' >are</font><font style='font-family:Times New Roman;font-size:10pt;' > conducted by both </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > and its wholly</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >owned subsidiary, MBIA Investment Management Corp.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Pledged Collateral</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Substantially all of the obligations under investment agreements require </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > to pledge securities as collateral. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the fair value of securities pledged as collateral with respect to these investment agreements approximated </font><font style='font-family:Times New Roman;font-size:10pt;' >$350 </font><font style='font-family:Times New Roman;font-size:10pt;' >million and $</font><font style='font-family:Times New Roman;font-size:10pt;' >394</font><font style='font-family:Times New Roman;font-size:10pt;' > million, respectively. The Parent Company&#8217;s collateral as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, consisted principally</font><font style='font-family:Times New Roman;font-size:10pt;' > of U.S. Treasury and government agency</font><font style='font-family:Times New Roman;font-size:10pt;' > and state and municipal </font><font style='font-family:Times New Roman;font-size:10pt;' >bonds, and was primarily held with major U.S. banks. Additionally, the Parent Company pledged </font><font style='font-family:Times New Roman;font-size:10pt;' >cash and </font><font style='font-family:Times New Roman;font-size:10pt;' >money market securities as collateral under investment agreements in the amount of $</font><font style='font-family:Times New Roman;font-size:10pt;' >6</font><font style='font-family:Times New Roman;font-size:10pt;' > mil</font><font style='font-family:Times New Roman;font-size:10pt;' >lion as of</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Under derivative contracts entered into by </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' >, collateral postings are required by either </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' > or the counterparty when the aggregate market value of derivative contracts entered into with the </font><font style='font-family:Times New Roman;font-size:10pt;' >same counterparty exceeds a predefined threshold. As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company pledged securities with a fair value of $237 million and $276 million, respectively, to derivative counterparties</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >7</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >. Affiliate Loans Payable</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Affi</font><font style='font-family:Times New Roman;font-size:10pt;' >liate loans payable consists of loans payable to MBIA Global Funding, LLC (&#8220;GFL&#8221;). GFL raise</font><font style='font-family:Times New Roman;font-size:10pt;' >d</font><font style='font-family:Times New Roman;font-size:10pt;' > funds through the issuance of medium-term notes with varying maturities, which </font><font style='font-family:Times New Roman;font-size:10pt;' >were</font><font style='font-family:Times New Roman;font-size:10pt;' >, in turn, guaranteed by MBIA Corp. GFL len</font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' > the proceeds of these medium-term </font><font style='font-family:Times New Roman;font-size:10pt;' >note issuances to </font><font style='font-family:Times New Roman;font-size:10pt;' >the Parent Company</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.7-05(c)(Schedule II))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879921&amp;loc=d3e569147-122900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=d3e5283-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.9-06)<br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 10<br> -Section S99<br> -Paragraph 6<br> -Subparagraph (SX 210.5-04(c)(Schedule I))<br> -URI http://asc.fasb.org/extlink&amp;oid=27047687&amp;loc=d3e5864-122674<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900794768">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule IV - Reinsurance<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract', window );"><strong>Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock', window );">Supplemental Schedule of Reinsurance Premiums for Insurance Companies</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >SCHEDULE IV</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:18pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >MBIA INC. AND SUBSIDIARIES</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >REINSURANCE</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:18pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Years Ended December 31, 2017, 2016 and 2015</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:438pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:438pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(In millions)</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:78pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column A</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column B</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column C</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column D</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column E</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Column F</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assumed</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >From</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >of Amount</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Direct</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded to</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Net</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assumed</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:78pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Written</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Others</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Companies</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >to Net</font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:78pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2017</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0%</font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >37</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >36</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0%</font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:78pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >11</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0%</font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the supplemental schedule of reinsurance information. Reinsurance schedule includes, but is not limited to, the type of insurance, gross amount of premiums, premiums ceded to other entities, premiums assumed from other entities, net amount of premium revenue, and the percentage of the premiums assumed to net premium revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.7-05.(c) Schedule IV)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879921&amp;loc=d3e569147-122900<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>47
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7035597584">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant Accounting Policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock', window );">Basis of Presentation</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Basis of Presentation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements have been prepared </font><font style='font-family:Times New Roman;font-size:10pt;' >in accordance with accounting principles generally accepted in the United States of America (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >. The preparation of financial statements in conformity with </font><font style='font-family:Times New Roman;font-size:10pt;' >GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and exp</font><font style='font-family:Times New Roman;font-size:10pt;' >enses during the reporting period. Actual results could differ from those estimates. As additional information becomes available or actual amounts become determinable, the recorded estimates are revised and reflected in operating results.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Certain amounts h</font><font style='font-family:Times New Roman;font-size:10pt;' >ave been reclassified in prior years&#8217; financial statements to conform to the current presentation. This includes a change in the presentation of cash paid when withholding shares for tax-withholding purposes in &#8220;Purchases of treasury stock&#8221; on the Company&#8217;</font><font style='font-family:Times New Roman;font-size:10pt;' >s consolidated statement of cash flows as required under Accounting Standards Update (&#8220;ASU&#8221;) 2016-09, &#8220;Compensation-Stock Compensation (Topic 718)&#8221;. The change in presentation effected &#8220;Operating and employee related expenses paid&#8221;, in operating cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' > and &#8220;Purchases of treasury stock&#8221;, in financing cash flows, on the Company&#8217;s consolidated statement of cash flows in prior periods. Such reclassifications did not materially impact on total revenues, expenses, assets, liabilities, shareholders&#8217; equity, op</font><font style='font-family:Times New Roman;font-size:10pt;' >erating cash flows, investing cash flows, or financing cash flows for all periods presented.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Consolidation</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Consolidation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The consolidated financial statements include the accounts of MBIA Inc., its wholly-owned subsidiaries and all other entities in which the Company ha</font><font style='font-family:Times New Roman;font-size:10pt;' >s a controlling financial interest. All intercompany balances and transactions have been eliminated. The Company determines whether it has a controlling financial interest in an entity by first evaluating whether an entity is a voting interest entity or a </font><font style='font-family:Times New Roman;font-size:10pt;' >variable interest entity (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >VIE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Voting interest entities are entities in which (i)&#160;the total equity investment at risk is sufficient to enable an entity to finance its activities independently and (ii)&#160;the equity holders have the obligation to absorb los</font><font style='font-family:Times New Roman;font-size:10pt;' >ses, the right to receive residual returns and the right to make decisions about the entity&#8217;s activities. Voting interest entities are consolidated when the Company has a majority voting interest.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >VIEs are entities that lack one or more of the characterist</font><font style='font-family:Times New Roman;font-size:10pt;' >ics of a voting interest entity. The consolidation of a VIE is required if an entity has a variable interest (such as an equity or debt investment, a beneficial interest, a guarantee, a written put option or a similar obligation) and that variable interest</font><font style='font-family:Times New Roman;font-size:10pt;' > or interests give it a controlling financial interest in the VIE. A controlling financial interest is present when an enterprise has both (a)&#160;the power to direct the activities of a VIE that most significantly impact the entity&#8217;s economic performance and </font><font style='font-family:Times New Roman;font-size:10pt;' >(b)&#160;the obligation to absorb losses or the right to receive benefits of the VIE that could potentially be significant to the VIE. The enterprise with the controlling financial interest, known as the primary beneficiary, is required to consolidate the VIE. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company consolidates all VIEs in which it is the primary beneficiary. </font><font style='font-family:Times New Roman;font-size:10pt;' >T</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to apply the fair value option to all financial assets and </font><font style='font-family:Times New Roman;font-size:10pt;' >financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities of certain consolidated VIEs on a VIE-by-VIE basis.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 4: Variable Interest Entities</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for addit</font><font style='font-family:Times New Roman;font-size:10pt;' >ional information.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentPolicyTextBlock', window );">Investments</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Investments</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company classifies its investments as </font><font style='font-family:Times New Roman;font-size:10pt;' >available-for-sale (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >AFS&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, held-to-maturity</font><font style='font-family:Times New Roman;font-size:10pt;' > (&#8220;HTM&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >, or trading. A</font><font style='font-family:Times New Roman;font-size:10pt;' >FS</font><font style='font-family:Times New Roman;font-size:10pt;' > investments are reported in the consolidated balance sheets at fair value with unrealized gains and losses, net o</font><font style='font-family:Times New Roman;font-size:10pt;' >f applicable deferred income taxes, reflected in accumulated other comprehensive income (loss) </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;AOCI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >in shareholders&#8217; equity. Investments </font><font style='font-family:Times New Roman;font-size:10pt;' >carried at fair value are reported in the consolidated balance sheets </font><font style='font-family:Times New Roman;font-size:10pt;' >at fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >and changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in fair value and r</font><font style='font-family:Times New Roman;font-size:10pt;' >ealized gains and losses from the sale of these securities are reflected in earnings as part of &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; Investments carried at fair value consist of certain investments elected under</font><font style='font-family:Times New Roman;font-size:10pt;' > the fair value option</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >Short-term investments held as AFS include all fixed-maturity securities with a remaining maturity of less than one year at </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >date of purchase, commercial paper and money market securities. HT</font><font style='font-family:Times New Roman;font-size:10pt;' >M investments are reported in the consolidated balance sheets at amortized cost.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >ebt securities </font><font style='font-family:Times New Roman;font-size:10pt;' >are classified as HTM investments when </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company has the ability and intent to hold such investments to maturity.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Investment income is recorded as earned.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Bo</font><font style='font-family:Times New Roman;font-size:10pt;' >nd discounts and premiums are amortized using the effective yield method over the remaining term of the securities</font><font style='font-family:Times New Roman;font-size:10pt;' > and reported in &#8220;Net investment income.&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > For </font><font style='font-family:Times New Roman;font-size:10pt;' >mortgage-backed securities (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >MBS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >asset-backed securities (&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >BS</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;),</font><font style='font-family:Times New Roman;font-size:10pt;' > discounts and premiums are </font><font style='font-family:Times New Roman;font-size:10pt;' >amortized using the </font><font style='font-family:Times New Roman;font-size:10pt;' >retrospective </font><font style='font-family:Times New Roman;font-size:10pt;' >method</font><font style='font-family:Times New Roman;font-size:10pt;' >. Realized gains and losses represent the difference between the amortized cost value and the sale proceeds. </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Other-Than-Temporary Impairments on Investment</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >s</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s consolidated sta</font><font style='font-family:Times New Roman;font-size:10pt;' >tements of operations reflect the full impairment (the difference between a security&#8217;s amortized cost basis and fair value) on debt securities that the Company intends to sell or would more likely than not be required to sell before the expected recovery o</font><font style='font-family:Times New Roman;font-size:10pt;' >f the amortized cost basis. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities that management has no intent to sell and believes that it is more likely than not such securities will not be required to be sold prior to recovery, only the credit loss component of the impairme</font><font style='font-family:Times New Roman;font-size:10pt;' >nt is recognized in earnings. For </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > securities, the remaining fair value loss is recognized in </font><font style='font-family:Times New Roman;font-size:10pt;' >AOCI</font><font style='font-family:Times New Roman;font-size:10pt;' >, net of applicable deferred income taxes.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >HTM</font><font style='font-family:Times New Roman;font-size:10pt;' > securities for which the fair value is less than amortized cost are reviewed no less t</font><font style='font-family:Times New Roman;font-size:10pt;' >han quarterly in order to determine whether a credit loss exists. This evaluation includes both qualitative and quantitative considerations. In assessing whether a decline in value is related to a credit loss, the Company considers several factors, includi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng but not limited to (a)&#160;the magnitude and duration of the decline, (b)&#160;credit indicators and&#160;the reasons for the decline, such as general interest rate or credit spread movements, credit rating downgrades, issuer-specific changes in credit spreads, and t</font><font style='font-family:Times New Roman;font-size:10pt;' >he financial condition of the issuer, and (c)&#160;any guarantees associated with a security such as those provided by financial guarantee insurance companies. Credit loss expectations for </font><font style='font-family:Times New Roman;font-size:10pt;' >ABS</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >collateralized debt obligations (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >CDOs</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > are assessed using disc</font><font style='font-family:Times New Roman;font-size:10pt;' >ounted cash flow modeling, and the recoverability of amortized cost for corporate obligations is generally assessed using issuer-specific credit analyses.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock', window );">Cash, Cash Equivalents and Collateral</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Cash</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Cash Equivalents </font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Cash and cash equivalents include cash on hand</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >demand deposits</font><font style='font-family:Times New Roman;font-size:10pt;' >, and depos</font><font style='font-family:Times New Roman;font-size:10pt;' >its </font><font style='font-family:Times New Roman;font-size:10pt;' >with banks with original maturities of less than </font><font style='font-family:Times New Roman;font-size:10pt;' >three months</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy', window );">Deferred Policy Acquisition Costs</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Acquisition Costs</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company capitalizes and defers </font><font style='font-family:Times New Roman;font-size:10pt;' >acquisition costs </font><font style='font-family:Times New Roman;font-size:10pt;' >that are directly related to the successful acquisition of new or renewal insurance business. A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs are costs t</font><font style='font-family:Times New Roman;font-size:10pt;' >o acquire an insurance contract which result directly from and are essential to the insurance contracts transaction and would not have been incurred by the Company had the contract transaction not occurred. Acquisition</font><font style='font-family:Times New Roman;font-size:10pt;' > costs include compensation of employe</font><font style='font-family:Times New Roman;font-size:10pt;' >es involved in underwriting, certain rating agency fees, state premium taxes and certain other underwriting expenses, reduced by ceding commission income on premiums ceded to reinsurers. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs also include ceding commissions paid by the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > in connection with assuming business from other financial guarantors. </font><font style='font-family:Times New Roman;font-size:10pt;' >A</font><font style='font-family:Times New Roman;font-size:10pt;' >cquisition costs, net of ceding commissions received, related to non-derivative insured financial guarantee transactions are deferred and amortized over the period in which the related</font><font style='font-family:Times New Roman;font-size:10pt;' > premiums are earned. Acquisition costs related to insured derivative transactions are expensed as incurred.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativesPolicyTextBlock', window );">Derivatives</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Derivatives</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >erivative instruments are reported at fair value on the consolidated balance sheets as either assets or liabilities depending on the rights or obligations under the contract, and changes in fair value are reported in the consolidated </font><font style='font-family:Times New Roman;font-size:10pt;' >statements of operations as &#8220;Net gains (losses) on financial instruments at fair value and foreign exchange&#8221; or &#8220;Unrealized gains (losses) on insured derivatives&#8221; depending on the nature of the derivative.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The net change in the fair value of the Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >insured derivatives has two primary components: (i) realized gains (losses) and other settlements on insured derivatives and (ii) unrealized gains (losses) on insured derivatives. &#8220;Realized gains (losses) and other settlements on insured derivatives&#8221; inclu</font><font style='font-family:Times New Roman;font-size:10pt;' >de (i) premiums received and receivable on sold CDS contracts, (ii) premiums paid and payable to reinsurers in respect to CDS contracts, (iii) net amounts received or paid on reinsurance commutations, (iv) losses paid and payable to CDS contract counterpar</font><font style='font-family:Times New Roman;font-size:10pt;' >ties due to the occurrence of a credit event or settlement agreement, (v) losses recovered and recoverable on purchased CDS contracts due to the occurrence of a credit event or settlement agreement and (vi) fees relating to CDS contracts. &#8220;Unrealized gains</font><font style='font-family:Times New Roman;font-size:10pt;' > (losses) on insured derivatives&#8221; includes all other changes in fair value of the insured derivative contracts.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In certain instances, the Company purchased or issued securities that contain embedded derivatives that were separated from the host contract an</font><font style='font-family:Times New Roman;font-size:10pt;' >d accounted for as derivative instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >. In addition, t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Company elected to record at fair value certain financial instruments that contained an embedded derivative that required bifurcation from the host contract and to be accounted for separately as a</font><font style='font-family:Times New Roman;font-size:10pt;' > derivative instrument. These hybrid financial instruments included certain medium-term notes (&#8220;MTNs&#8221;) and certain AFS securities. The Company elected to fair value these hybrid financial instruments given the complexity of </font><font style='font-family:Times New Roman;font-size:10pt;' >bifurcating the embedded derivat</font><font style='font-family:Times New Roman;font-size:10pt;' >ives.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 9: Derivative Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion of the Company&#8217;s use of derivatives and their impact on the Company&#8217;s consolidated financial statements and &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for derivative valuation techniques and fair value disclosures.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementPolicyPolicyTextBlock', window );">Fair Value Measurements - Definition and Hierarchy</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fair Value</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > Measurements&#8212;Definition and Hierarchy</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company carries certain financial instruments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market part</font><font style='font-family:Times New Roman;font-size:10pt;' >icipants at the measurement date. The fair value measurement of financial instruments held or issued by the Company are determined through the use of observable market data when available. Market data is obtained from a variety of third-party sources, incl</font><font style='font-family:Times New Roman;font-size:10pt;' >uding dealer quotes. If dealer quotes are not available for an instrument that is infrequently traded, the Company uses alternate valuation methods, including either dealer quotes for similar instruments or pricing models that use market data inputs. The u</font><font style='font-family:Times New Roman;font-size:10pt;' >se of alternate valuation methods generally requires considerable judgment in the application of estimates and assumptions and changes to such estimates and assumptions may produce materially different fair values. The Company considers its own nonperforma</font><font style='font-family:Times New Roman;font-size:10pt;' >nce risk and the nonperformance risk of its counterparties when measuring fair value.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The accounting guidance </font><font style='font-family:Times New Roman;font-size:10pt;' >establishes a </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >hierarchy that categorizes into three levels, the </font><font style='font-family:Times New Roman;font-size:10pt;' >inputs used </font><font style='font-family:Times New Roman;font-size:10pt;' >to </font><font style='font-family:Times New Roman;font-size:10pt;' >measur</font><font style='font-family:Times New Roman;font-size:10pt;' >e </font><font style='font-family:Times New Roman;font-size:10pt;' >fair value that maximizes the use of observable </font><font style='font-family:Times New Roman;font-size:10pt;' >inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available and reliable. Observable inputs are those the Company believes that market participants would use in pricing the asset or liability base</font><font style='font-family:Times New Roman;font-size:10pt;' >d on </font><font style='font-family:Times New Roman;font-size:10pt;' >available </font><font style='font-family:Times New Roman;font-size:10pt;' >market data. Unobservable inputs are those that reflect the Company&#8217;s beliefs about the assumptions market participants would use in pricing the asset or liability based on the best information available. The </font><font style='font-family:Times New Roman;font-size:10pt;' >three levels of the fair value </font><font style='font-family:Times New Roman;font-size:10pt;' >h</font><font style='font-family:Times New Roman;font-size:10pt;' >ierarchy </font><font style='font-family:Times New Roman;font-size:10pt;' >are defined as </font><font style='font-family:Times New Roman;font-size:10pt;' >follows:</font></p><ul style='margin-top:0pt;' ><li style='list-style:disc;text-align:left;margin-top:9pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 1&#8212;Valuations based on quoted prices in active markets for identical assets or liabilities that the Company can access. Valuations are based on quoted prices that are readily and regularly available in an active market</font><font style='font-family:Times New Roman;font-size:10pt;' >, with significant trading volumes. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:0pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 2&#8212;Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 assets include debt securities with quoted prices that </font><font style='font-family:Times New Roman;font-size:10pt;' >are traded less frequently than exchange-traded instruments, securities which are priced using observable inputs and derivative contracts whose values are determined using a pricing model with inputs that are observable in the market or can be derived prin</font><font style='font-family:Times New Roman;font-size:10pt;' >cipally from or corroborated by observable market data. </font></li><li style='list-style:disc;text-align:left;margin-top:0pt;margin-bottom:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;' >Level 3&#8212;Valuations based on inputs that are unobservable or supported by little or no market activity, and that are significant to the overall fair value measurement. Level 3 assets and liabilities i</font><font style='font-family:Times New Roman;font-size:10pt;' >nclude financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques where significant inputs are unobservable, as well as instruments for which the determination of fair value requires sign</font><font style='font-family:Times New Roman;font-size:10pt;' >ificant management judgment or estimation. </font></li></ul><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The availability of observable inputs can vary from financial instrument to financial instrument and period to period depending on the type of instrument, market activity, the approach used to measure fair value,</font><font style='font-family:Times New Roman;font-size:10pt;' > and other factors. The Company categorizes a financial instrument within the fair value hierarchy based on the least observable input that is significant to the fair value measurement. When the inputs used to measure fair value of an asset or a liability </font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' >are categorized within </font><font style='font-family:Times New Roman;font-size:10pt;' >different levels based on the definition of the fair value hierarchy,</font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' > the fair value measurement is categorized in its entirety in the same level of the fair value hierarchy as the lowest level input that is significant to the entire</font><font style='font-family:ArialMTPro;font-size:10pt;color:#000000;' > measurement.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 7: Fair Value of Financial Instruments</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional fair value disclosures.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy', window );">Loss and Loss Adjustment Expenses</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Loss and Loss Adjustment Expenses</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >Company recognizes loss reserves on a contract-by-contract basis when the present value of expected net cash outflows to be paid under the contract discounted using a risk-free rate as of the measurement date exceeds the unearned premium revenue. A </font><font style='font-family:Times New Roman;font-size:10pt;' >loss re</font><font style='font-family:Times New Roman;font-size:10pt;' >serve </font><font style='font-family:Times New Roman;font-size:10pt;' >is subsequently remeasured each reporting period for expected increases or decreases due to changes in the likelihood of default and potential recoveries. Subsequent changes to the measurement of the </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves </font><font style='font-family:Times New Roman;font-size:10pt;' >are recognized as </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense in th</font><font style='font-family:Times New Roman;font-size:10pt;' >e period of change. Measurement and recognition of </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >s </font><font style='font-family:Times New Roman;font-size:10pt;' >are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported gross of any reinsurance. The Company estimates the likelihood of possible claim payments and possible recoveries using probability-weighted expected cash flows based on informat</font><font style='font-family:Times New Roman;font-size:10pt;' >ion available as of the measurement date, including market information. Accretion of the discount on a </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve </font><font style='font-family:Times New Roman;font-size:10pt;' >is included in </font><font style='font-family:Times New Roman;font-size:10pt;' >loss</font><font style='font-family:Times New Roman;font-size:10pt;' > expense.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes potential recoveries on paid claims based on probability-weighted net cash inflows prese</font><font style='font-family:Times New Roman;font-size:10pt;' >nt valued at applicable risk-free rates as of the measurement date. Such amounts are reported within &#8220;Insurance loss recoverable&#8221; on the Company&#8217;s consolidated balance sheets. To the extent the Company had recorded potential recoveries in its </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserves</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >previous to a claim payment, such recoveries are reclassified to &#8220;Insurance loss recoverable&#8221; upon payment of the related claim and remeasured each reporting period.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s </font><font style='font-family:Times New Roman;font-size:10pt;' >loss reserve</font><font style='font-family:Times New Roman;font-size:10pt;' >, insurance loss recoverable, and accruals for </font><font style='font-family:Times New Roman;font-size:10pt;' >loss adjustment </font><font style='font-family:Times New Roman;font-size:10pt;' >expense (&#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >LAE</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' > incurred are disclosed in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 6: Loss and Loss Adjustment Expense Reserves</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221;</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtPolicyTextBlock', window );">Debt</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Long-term Debt</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Long-term debt is carried at the principal amount outstanding plus accrued interest and net of unamortized debt issuance costs and discounts. </font><font style='font-family:Times New Roman;font-size:10pt;' >Interest expense is accrued at the contrac</font><font style='font-family:Times New Roman;font-size:10pt;' >tual interest rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >Debt issuance costs and d</font><font style='font-family:Times New Roman;font-size:10pt;' >iscounts are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Medium-Term Notes and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Investment Agreements</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MTNs and i</font><font style='font-family:Times New Roman;font-size:10pt;' >nvestment agreements are carried at </font><font style='font-family:Times New Roman;font-size:10pt;' >the principal amount outstanding plus accrued interest and net o</font><font style='font-family:Times New Roman;font-size:10pt;' >f unamortized discounts or at fair</font><font style='font-family:Times New Roman;font-size:10pt;' > value</font><font style='font-family:Times New Roman;font-size:10pt;' > for certain MTNs</font><font style='font-family:Times New Roman;font-size:10pt;' >. Interest expense is accrued at the contractual interest rate. </font><font style='font-family:Times New Roman;font-size:10pt;' >D</font><font style='font-family:Times New Roman;font-size:10pt;' >iscounts are amortized </font><font style='font-family:Times New Roman;font-size:10pt;' >and reported as interest expense</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsurancePremiumsRevenueRecognitionPolicy', window );">Financial Guarantee Insurance Premiums</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Financial Guarantee Insurance Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Unearned Premium Revenue and Receivabl</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >e for Future Premiums</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes a liability for unearned premium revenue at the inception of financial guarantee insurance and reinsurance contracts on a contract-by-contract basis. Unearned premium revenue recognized at inception of a contrac</font><font style='font-family:Times New Roman;font-size:10pt;' >t is measured at the present value of the premium due. For most financial guarantee insurance contracts, the Company receives the entire premium due at the inception of the contract, and recognizes unearned premium revenue liability at that time. For certa</font><font style='font-family:Times New Roman;font-size:10pt;' >in other financial guarantee contracts, the Company receives premiums in installments over the term of the contract. Unearned premium revenue and a receivable for future premiums are recognized at the inception of an installment contract, and measured at t</font><font style='font-family:Times New Roman;font-size:10pt;' >he present value of premiums expected to be collected over the contract period or expected period using a risk-free discount rate. The expected period is used in the present value determination of unearned premium revenue and receivable for future premiums</font><font style='font-family:Times New Roman;font-size:10pt;' > for contracts where (a)&#160;the insured obligation is contractually prepayable, (b)&#160;prepayments are probable, (c)&#160;the amount and timing of prepayments are reasonably estimable, and (d)&#160;a homogenous pool of assets is the underlying collateral for the insured o</font><font style='font-family:Times New Roman;font-size:10pt;' >bligation. The Company has determined that substantially all of its installment contracts meet the conditions required to be treated as expected period contracts. The receivable for future premiums is reduced as installment premiums are collected. The Comp</font><font style='font-family:Times New Roman;font-size:10pt;' >any reports the accretion of the discount on installment premiums receivable as premium revenue and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; The Company assesses the receivable for future premiums for collectability each reporting period, adj</font><font style='font-family:Times New Roman;font-size:10pt;' >usts the receivable for uncollectible amounts and recognizes any write-off as operating expense, and discloses the amount recognized in &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 5: Insurance Premiums</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#8221; As premium revenue is recognized, the unearned premium revenue liability is reduced.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Premium Revenue</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' > Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes and measures premium revenue over the period of the contract in proportion to the amount of insurance protection provided. Premium revenue is measured by applying a constant rate to the insured principal amount outstandi</font><font style='font-family:Times New Roman;font-size:10pt;' >ng in a given period to recognize a proportionate share of the premium received or expected to be received on a financial guarantee insurance contract. A constant rate for each respective financial guarantee insurance contract is calculated as the ratio of</font><font style='font-family:Times New Roman;font-size:10pt;' > (a)&#160;the present value of premium received or expected to be received over the period of the contract to (b)&#160;the sum of all insured principal amounts outstanding during each period over the term of the contract.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >An issuer of an insured financial obligation</font><font style='font-family:Times New Roman;font-size:10pt;' > may retire the obligation prior to its scheduled maturity through refinancing or legal defeasance in satisfaction of the obligation according to its indenture, which results in the Company&#8217;s obligation being extinguished under the financial guarantee cont</font><font style='font-family:Times New Roman;font-size:10pt;' >ract. The Company recognizes any remaining unearned premium revenue on the insured obligation as refunding premiums earned in the period the contract is extinguished to the extent the unearned premium revenue has been collected.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Non-refundable commitment f</font><font style='font-family:Times New Roman;font-size:10pt;' >ees are considered insurance premiums and are initially recorded under unearned premium revenue in the consolidated balance sheets when received. Once the related financial guarantee insurance policy is issued, the commitment fees are recognized as premium</font><font style='font-family:Times New Roman;font-size:10pt;' > written and earned using the constant rate method. If the commitment agreement expires before the related financial guarantee is issued, the non-refundable commitment fee is immediately recognized as premium written and earned at that time.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueRecognitionPolicyTextBlock', window );">Fee and Reimbursement Revenue Recognition</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Fee and </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Reimbursement Revenue Recognition</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company collects insurance related fees for services performed in connection with certain transactions. </font><font style='font-family:Times New Roman;font-size:10pt;' >Depending upon the type of fee received and whether it is related to an insurance policy, the fee is either earned when it is received or deferred and earned over the life of the related transaction. Work, waiver and conse</font><font style='font-family:Times New Roman;font-size:10pt;' >nt, </font><font style='font-family:Times New Roman;font-size:10pt;' >and </font><font style='font-family:Times New Roman;font-size:10pt;' >termination fees are earned when the related services are completed and the fee is received. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy', window );">Stock-Based Compensation</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Stock-Based Compensation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company recognizes in earnings all stock-based payment transactions at the fair value of the stock-based compensation provid</font><font style='font-family:Times New Roman;font-size:10pt;' >ed. Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 16: Long-term Incentive Plans</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for a further discussion regarding the methodology utilized in recognizing employee stock compensation expense.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock', window );">Foreign Currency Translation</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Foreign Currency Translation</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial statement assets and liabilities denominated in foreign currencies are </font><font style='font-family:Times New Roman;font-size:10pt;' >reported </font><font style='font-family:Times New Roman;font-size:10pt;' >in U.S. dollars generally using rates of exchange prevailing </font><font style='font-family:Times New Roman;font-size:10pt;' >as of </font><font style='font-family:Times New Roman;font-size:10pt;' >the balance sheet date</font><font style='font-family:Times New Roman;font-size:10pt;' > and any related translation adjustments </font><font style='font-family:Times New Roman;font-size:10pt;' >resulting from </font><font style='font-family:Times New Roman;font-size:10pt;' >the </font><font style='font-family:Times New Roman;font-size:10pt;' >translation of the financial statements of </font><font style='font-family:Times New Roman;font-size:10pt;' >the Company&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > non-U.S. operation</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >from its functional currency i</font><font style='font-family:Times New Roman;font-size:10pt;' >nto U.S. dollars </font><font style='font-family:Times New Roman;font-size:10pt;' >are included in </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' > in shareholders&#8217; equity. Operating results </font><font style='font-family:Times New Roman;font-size:10pt;' >of the Company&#8217;s non-U.S. operations </font><font style='font-family:Times New Roman;font-size:10pt;' >are translated at average rates of exchange prevailing during the year. Foreign currency remeas</font><font style='font-family:Times New Roman;font-size:10pt;' >urement gains and losses resulting from transactions in non-functional currencies are recorded in earnings.</font><font style='font-family:Times New Roman;font-size:10pt;' > The Company derecognizes the cumulative translation adjustment reported in &#8220;A</font><font style='font-family:Times New Roman;font-size:10pt;' >ccumulated other comprehensive income (loss)</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; and includes the amount a</font><font style='font-family:Times New Roman;font-size:10pt;' >s part of the gain or loss on the sale or liquidation of its investment in a foreign entity in the period in which the sale or liquidation occurs.</font></p><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
<td class="text"><div><p style='text-align:left;margin-top:13.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Income Taxes</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Deferred income taxes are recorded with respect to loss carryforwards and temporary differences </font><font style='font-family:Times New Roman;font-size:10pt;' >between the tax bases of assets and liabilities and the reported amounts in the Company&#8217;s financial statements that will result in deductible or taxable amounts in future years when the reported amounts of assets and liabilities are recovered or settled. S</font><font style='font-family:Times New Roman;font-size:10pt;' >uch temporary differences relate principally to net operating losses, accrued surplus note interest, loss reserve deductions, premium revenue recognition, deferred acquisition costs, asset impairments net foreign tax credits. Valuation allowances are estab</font><font style='font-family:Times New Roman;font-size:10pt;' >lished to reduce deferred tax assets to the amount that more likely than not will be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates in the period in which changes are approved by the relevant auth</font><font style='font-family:Times New Roman;font-size:10pt;' >ority.</font></p><p style='text-align:left;margin-top:4.5pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >On December 22, 2017, the Securities and Exchange Commission staff issued Staff Accounting Bulletin No. 118 (&#8220;SAB 118&#8221;) to address the application of U.S. GAAP in situations when a registrant does not have the necessary information available in reas</font><font style='font-family:Times New Roman;font-size:10pt;' >onable detail to complete the accounting for certain income tax effects of the </font><font style='font-family:Times New Roman;font-size:10pt;' >Tax Cuts and Jobs Act (the &#8220;Act&#8221;)</font><font style='font-family:Times New Roman;font-size:10pt;' >.&#160;Pursuant to the guidance within SAB 118, the Company&#8217;s remeasurement of its deferred taxes included certain provisional effects associated wit</font><font style='font-family:Times New Roman;font-size:10pt;' >h enactment of the Act for which measurement could be reasonably estimated. SAB 118&#160;provides a measurement period that should not extend beyond one year from the Act enactment date for&#160;companies to complete the accounting under Accounting Standards Codific</font><font style='font-family:Times New Roman;font-size:10pt;' >ation (&#8220;ASC&#8221;) 740.&#160;If a company cannot determine&#160;a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of&#160;the provisions of the tax laws that were in effect immediately before the enactment of t</font><font style='font-family:Times New Roman;font-size:10pt;' >he Act.&#160;Additional information that may affect the provisional amounts would include completion of the Company&#8217;s 2017 tax return filing, and potential future guidance from the Internal Revenue Service.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >MBIA Inc. and its eligible U.S. subsidiaries file a co</font><font style='font-family:Times New Roman;font-size:10pt;' >nsolidated federal income tax return. The U.S. income taxes are allocated based on the provisions of the&#160;Company&#8217;s tax sharing agreement which governs the intercompany settlement of tax obligations and benefits. The method of allocation between the members</font><font style='font-family:Times New Roman;font-size:10pt;' > is generally based upon calculations as if each member filed a separate tax return on its own.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >Under the Company&#8217;s tax sharing agreement, each member with a net operating loss (&#8220;NOL&#8221;) will receive the benefits of its tax losses and credits as it is able t</font><font style='font-family:Times New Roman;font-size:10pt;' >o earn them out in the future. </font><font style='font-family:Times New Roman;font-size:10pt;' >G</font><font style='font-family:Times New Roman;font-size:10pt;' >iven </font><font style='font-family:Times New Roman;font-size:10pt;' >present facts and circumstances</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company no longer anticipates providing compensation to any member for expiring NOLs, capital losses or tax credit carryforwards.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In establishing a</font><font style='font-family:Times New Roman;font-size:10pt;' > liability for an unrecognized tax benefit (&#8220;UTB&#8221;), assumptions may be made in determining whether a tax position is more likely than not to be sustained upon examination by the taxing authority and also in determining the ultimate amount that is likely to</font><font style='font-family:Times New Roman;font-size:10pt;' > be realized. A tax position is recognized only when, based on management&#8217;s judgment regarding the application of income tax laws, it is more likely than not that the tax position will be sustained upon examination. The amount of tax benefit recognized is </font><font style='font-family:Times New Roman;font-size:10pt;' >based on the Company&#8217;s assessment of the largest amount of benefit that is more likely than not to be realized on ultimate settlement with the taxing authority. This measurement is based on many factors, including whether a tax dispute may be settled throu</font><font style='font-family:Times New Roman;font-size:10pt;' >gh negotiation with the taxing authority or is only subject to review in the courts. As new information becomes available, the Company evaluates its tax positions, and adjusts its UTB, as appropriate. If the tax benefit ultimately realized differs from the</font><font style='font-family:Times New Roman;font-size:10pt;' > amount previously recognized</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company recognizes an adjustment of the UTB.</font></p><p style='text-align:left;margin-top:9pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Refer to &#8220;</font><font style='font-family:Times New Roman;font-size:10pt;' >Note 11: Income Taxes</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; for additional information about the Company&#8217;s income taxes.</font></p></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recently Adopted Accounting Standards</a></td>
<td class="text"><div><p style='text-align:left;margin-top:9pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recently Adopted Accounting Standards </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has not adopted any new accounting pronouncements that had a material impact on its consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted', window );">New Accounting Pronouncements Not Yet Adopted</a></td>
<td class="text"><div><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0pt;' >Recent </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' >Accounting Developments</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Revenue from Contracts with Customers </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(Topic 606) (ASU 2014-09)</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Deferral of the Effective Date</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >(ASU 201</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >5</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >-</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >14</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In May of 2014, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued ASU 2014-09, &#8220;Revenue from Contracts with Customers (Topic 606).&#8221; ASU 2014-09 amends the accounting guidance</font><font style='font-family:Times New Roman;font-size:10pt;' > for recognizing revenue for the transfer of goods or services from contracts with customers unless those contracts are within the scope of other accounting standards. ASU 2014-09 does not apply to financial guarantee insurance contracts within the scope o</font><font style='font-family:Times New Roman;font-size:10pt;' >f Topic 944, &#8220;Financial Services </font><font style='font-family:Times New Roman;font-size:10pt;' >&#8212; </font><font style='font-family:Times New Roman;font-size:10pt;' >Insurance.&#8221; </font><font style='font-family:Times New Roman;font-size:10pt;' >ASU 2014-09 applies to certain fees and reimbursements, and is not expected to materially impact revenue recogni</font><font style='font-family:Times New Roman;font-size:10pt;' >tion</font><font style='font-family:Times New Roman;font-size:10pt;' > of these fees and reimbursements.</font><font style='font-family:Times New Roman;font-size:10pt;' > In August of 2015, the FASB issued ASU 2015-14, &#8220;Revenue f</font><font style='font-family:Times New Roman;font-size:10pt;' >rom Contracts with Customers (Topic 606)</font><font style='font-family:Times New Roman;font-size:10pt;' > &#8212; Deferral of the Effective Date.</font><font style='font-family:Times New Roman;font-size:10pt;' >&#8221; ASU 2015-14 defers the effective date of ASU 2014-09 to interim and annual periods beginning January 1, 2018, and is applied on a retrospective or modified retrospective basis. The</font><font style='font-family:Times New Roman;font-size:10pt;' > adoption of ASU 2014-09 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU 2016-01)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In Janua</font><font style='font-family:Times New Roman;font-size:10pt;' >ry of 2016, the FASB issued ASU 2016-01, &#8220;Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.&#8221; ASU 2016-01 requires certain equity investments other than those accounted for under the </font><font style='font-family:Times New Roman;font-size:10pt;' >equity method of accounting or result in consolidation of the investee to be measured at fair value with changes in fair value recognized in net income, and permits an entity to measure equity investments that do not have readily determinable fair values a</font><font style='font-family:Times New Roman;font-size:10pt;' >t cost less any impairment plus or minus adjustments for certain changes in observable prices. An entity is also required to evaluate the need for a valuation allowance on a deferred tax asset related to </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities in combination with the entity&#8217;s</font><font style='font-family:Times New Roman;font-size:10pt;' > other deferred tax assets. ASU 2016-01 requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability that results from a change in the instrument-specific credit risk for financial </font><font style='font-family:Times New Roman;font-size:10pt;' >liabilities that the entity has elected to measure at fair value in accordance with the fair value option for financial instruments. ASU 2016-01 is effective for interim and annual periods beginning January 1, 2018, and is applied on a modified retrospecti</font><font style='font-family:Times New Roman;font-size:10pt;' >ve basis. Early adoption is not permitted with the exception of early application of the guidance that requires separate presentation in other comprehensive income of the change in the instrument-specific credit risk for financial liabilities measured at f</font><font style='font-family:Times New Roman;font-size:10pt;' >air value in accordance with the fair value option</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Based on the fair values as of December 31, 2017 of financial liabilities measured at fair value in accordance with the fair value option, the cumulative-effect adjustment, net of tax, related to the ins</font><font style='font-family:Times New Roman;font-size:10pt;' >trument-specific credit risk portion of such financial liabilities </font><font style='font-family:Times New Roman;font-size:10pt;' >was a loss of </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately</font><font style='font-family:Times New Roman;font-size:10pt;' > $</font><font style='font-family:Times New Roman;font-size:10pt;' >162</font><font style='font-family:Times New Roman;font-size:10pt;' > million</font><font style='font-family:Times New Roman;font-size:10pt;' >, which represents the amount that would have been reclassed from retained earnings to AOCI had the Company adopted ASU 2016-01 on December 31, 2017.</font><font style='font-family:Times New Roman;font-size:10pt;' > Based on fair values as of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' > of equity investments, the cumulative-effect adjustment, net of tax, related to net unrealized gains of such investments was </font><font style='font-family:Times New Roman;font-size:10pt;' >approximately $</font><font style='font-family:Times New Roman;font-size:10pt;' >2</font><font style='font-family:Times New Roman;font-size:10pt;' > million, which represents the amount that would have been reclass</font><font style='font-family:Times New Roman;font-size:10pt;' >ed from AOCI to retained earnings had the Company adopted ASU 2016-01 on </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >. </font><font style='font-family:Times New Roman;font-size:10pt;' >As of </font><font style='font-family:Times New Roman;font-size:10pt;' >December 31,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >2017</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company had a full valuation allowance against its deferred tax asset. Refer to &#8220;Note 11</font><font style='font-family:Times New Roman;font-size:10pt;' >: Income Taxes&#8221; for further information a</font><font style='font-family:Times New Roman;font-size:10pt;' >bout this valuation allowance on the Company&#8217;s deferred tax asset. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company plans to adopt ASU 2016-01 in its entirety in the first quarter of 2018.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Leases (Topic 842) (ASU 2016-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2016, the FASB issued ASU 2016-02, &#8220;Leases (Topic 842)&#8221;</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > that amends the accounting guidance for leasing transactions. ASU 2016-02 requires a lessee to classify lease contracts as finance or operating leases, and to recognize assets and liabilities for the rights and obligations created by leasing transactions</font><font style='font-family:Times New Roman;font-size:10pt;' > with lease terms more than twelve months. ASU 2016-02 substantially retains the criteria for classifying leasing transactions as finance or operating leases. For finance leases, a lessee recognizes a right-of-use asset and a lease liability initially meas</font><font style='font-family:Times New Roman;font-size:10pt;' >ured at the present value of the lease payments, and recognizes interest expense on the lease liability separately from the amortization of the right-of-use asset. For operating leases, a lessee recognizes a right-of-use asset and a lease liability initial</font><font style='font-family:Times New Roman;font-size:10pt;' >ly measured at the present value of the lease payments, and recognizes lease expense on a straight-line basis. ASU 2016-02 is effective for interim and annual periods beginning January 1, 2019 with early adoption permitted, and is applied on a modified ret</font><font style='font-family:Times New Roman;font-size:10pt;' >rospective basis. The adoption of ASU 2016-02 is not expected to materially impact the Company&#8217;s consolidated financial statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In June</font><font style='font-family:Times New Roman;font-size:10pt;' > of 2016, the FASB issued ASU 2016-13, &#8220;Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.&#8221; ASU 2016-13 requires financing receivables and other financial assets measured at amortized cost to be presente</font><font style='font-family:Times New Roman;font-size:10pt;' >d at the net amount expected to be collected by recording an allowance for credit losses with changes in the allowance recorded as credit loss expense or reversal of credit loss expense based on management&#8217;s current estimate of expected credit losses </font><font style='font-family:Times New Roman;font-size:10pt;' >each </font><font style='font-family:Times New Roman;font-size:10pt;' >period. ASU 2016-13 does not apply to credit losses on financial guarantee insurance contracts within the scope of Topic 944, &#8220;Financial Services-Insurance.&#8221; ASU 2016-13 also requires impairment relating to credit losses on </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities to be presen</font><font style='font-family:Times New Roman;font-size:10pt;' >ted through an allowance for credit losses with changes in the allowance recorded in the period of the change as credit loss expense or reversal of credit loss expense. Any impairment amount not recorded through an allowance for credit losses on </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt s</font><font style='font-family:Times New Roman;font-size:10pt;' >ecurities is recorded through other comprehensive income. ASU 2016-13 is effective for interim and annual periods beginning January 1, 2020 with early adoption permitted beginning January 1, 2019. ASU 2016-13 is applied on a modified retrospective basis ex</font><font style='font-family:Times New Roman;font-size:10pt;' >cept that prospective application is applied to </font><font style='font-family:Times New Roman;font-size:10pt;' >AFS</font><font style='font-family:Times New Roman;font-size:10pt;' > debt securities with other-than-temporary impairments </font><font style='font-family:Times New Roman;font-size:10pt;' >(&#8220;OTTI&#8221;) </font><font style='font-family:Times New Roman;font-size:10pt;' >recognized before the date of adoption. The Company is evaluating the impact of adopting ASU 2016-13.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Income Statement &#8211; Reporting </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income (ASU 2018-02)</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:9pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >In February of 2018, the FASB issued ASU 2018-02, &#8220;Income Statement &#8211; Reporting Comprehensive Income (Topic 220): Reclassifi</font><font style='font-family:Times New Roman;font-size:10pt;' >cation of Certain Tax Effects from Accumulated Other Comprehensive Income.&#8221; ASU 2018-02 permits, but does not require, the reclassification of the income tax effects of the Tax Cuts and Jobs Act (the &#8220;Act&#8221;) from accumulated other comprehensive income (&#8220;AOC</font><font style='font-family:Times New Roman;font-size:10pt;' >I&#8221;) to retained earnings. The election to reclassify the income tax effects from the Act applies to all items within AOCI. ASU 2018-02 is effective for interim and annual periods beginning after December 15, 2018. Early adoption of ASU 2018-02 is permitted</font><font style='font-family:Times New Roman;font-size:10pt;' > and is applied in the period of adoption or retroactively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Act is recognized. The Company is evaluating the impact of adopting ASU 2018-02.</font></p><p style='text-align:left;line-height:12pt;' ></p></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BasisOfAccountingPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for deferred policy acquisition costs, including the nature, type, and amount of capitalized costs incurred to write or acquire insurance contracts, and the basis for and methodologies applied in capitalizing and amortizing such costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=35755530&amp;loc=d3e11264-158415<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CapitalizationOfDeferredPolicyAcquisitionCostsPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 305<br> -SubTopic 10<br> -Section 05<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6375392&amp;loc=d3e26790-107797<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4273-108586<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting.  The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=d3e5614-111684<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.3A-03)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355100-122828<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.3A-02)<br> -URI http://asc.fasb.org/extlink&amp;oid=27015204&amp;loc=d3e355033-122828<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConsolidationPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy related to debt. Includes, but is not limited to, debt issuance costs, the effects of refinancings, method of amortizing debt issuance costs and original issue discount, and classifications of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for its derivative instruments and hedging activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41620-113959<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(n))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5579240-113959<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5579245-113959<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41675-113959<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41638-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a new accounting pronouncement that has been issued but not yet adopted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section S99<br> -Paragraph 5<br> -Subparagraph (SAB Topic 11.M)<br> -URI http://asc.fasb.org/extlink&amp;oid=26874127&amp;loc=d3e31137-122693<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DescriptionOfNewAccountingPronouncementsNotYetAdopted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for fair value measurements of financial and non-financial assets, liabilities and instruments classified in shareholders' equity. Disclosures include, but are not limited to, how an entity that manages a group of financial assets and liabilities on the basis of its net exposure measures the fair value of those assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450222&amp;loc=d3e30840-110895<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32840-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 30<br> -Section 05<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65884525&amp;loc=d3e40913-109327<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 954<br> -SubTopic 740<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 17<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32809-109319<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e32247-109318<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e32280-109318<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsurancePremiumsRevenueRecognitionPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for premium revenue recognition, including the basis for measurement and the timing of recognition of revenue from insurance premiums received from contract holders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 25<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=6486413&amp;loc=d3e25896-158540<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 25<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6486390&amp;loc=d3e25718-158539<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsurancePremiumsRevenueRecognitionPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66011266&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2,12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 5.M)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877573&amp;loc=d3e87990-122713<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 325<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6872867&amp;loc=d3e40691-111596<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18823-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 605<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 13.B.Q1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65893310&amp;loc=d3e214044-122780<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18726-107790<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueRecognitionPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b),(f)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for estimating the ultimate cost of settling insurance claims relating to insured events that have occurred on or before a particular date (ordinarily, the statement of financial position date). The estimated liability includes the amount of money that will be required for future payments of (a) claims that have been reported to the insurer, (b) claims related to insured events that have occurred but that have not been reported to the insurer as of the date the liability is estimated, and (c) claim adjustment expenses. Claims adjustment expenses include costs incurred in the claim settlement process such as legal fees; outside adjuster fees; and costs to record, process, and adjust claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=68058157&amp;loc=d3e18780-107790<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.13(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14754-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnpaidPolicyClaimsAndClaimsAdjustmentExpensePolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R34.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6752071536">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Developments and Risks and Uncertainties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock', window );">Assets And Liabilities Held For Sale</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:105pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of </font></td><td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:105pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:105pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td><td style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments </font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >466</font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >73</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Premiums receivable </font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >267</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(270)</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total assets held for sale</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >555</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:226.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:226.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:258.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Liabilities</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >304</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities </font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:242.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:242.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >     Total liabilities held for sale</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >346</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of assets and liabilities held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AssetsAndLiabilitiesHeldForSaleTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6738023776">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Variable Interest Entities (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock', window );">Summary Of Nonconsolidated VIEs Assets And Liabilities</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:366.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:366.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:168pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:168pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7,295</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,741</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >172</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >396</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >216</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >94</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,010</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >981</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,418</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,645</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,939</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,461</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >173</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >37</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15,568</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,524</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >30,507</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8,985</font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >19</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >49</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >173</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:9pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets. </font></td></tr><tr style='height:9.95pt;' ><td colspan='24' rowspan='1' style='width:490.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:490.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:367.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:367.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:167.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:167.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Assets</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:104.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:104.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Carrying Value of Liabilities</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and Loss</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Maximum</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Adjustment</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Exposure</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Expense</font></td></tr><tr style='height:9pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >to Loss</font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Investments</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Receivable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(3)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Revenue</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(4)</font></sup></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >(5)</font></sup></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance:</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global structured finance:</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,167</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,914</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >73</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,146</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,796</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >304</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >325</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >257</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >145</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,893</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,331</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >8</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:108.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Corporate asset-backed</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,625</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,205</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total global structured finance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20,088</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10,391</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >55</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:116.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:116.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Global public finance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >44,306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >12,051</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >18</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total insurance</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >64,394</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22,442</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >76</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >66</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >306</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >70</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td></tr><tr style='height:12.75pt;' ><td colspan='4' rowspan='1' style='width:123.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:123.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Investments&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:17.45pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Premiums receivable&quot; on MBIA&#39;s consolidated balance sheets. Excludes $125 million that is included within &#8220;Assets held for sale&#8221; on the Company&#8217;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Reported within &quot;Insurance loss recoverable&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr><tr style='height:15.6pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Reported within &quot;Unearned premium revenue&quot; on MBIA&#39;s consolidated balance sheets. Excludes $134 million that is included within &#8220;Liabilities held for sale&#8221; on the Company&#8217;s consolidated balance sheets.</font></td></tr><tr style='height:9.95pt;' ><td colspan='25' rowspan='1' style='width:496.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:496.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Reported within &quot;Loss and loss adjustment expense reserves&quot; on MBIA&#39;s consolidated balance sheets.</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule Of Summary Of Nonconsolidated VIEs Assets And Liabilities [Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfSummaryOfNonconsolidatedViesAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918331856">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance Premiums (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RollforwardOfPremiumsReceivableTableTextBlock', window );">Rollforward of Premiums Receivable</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(50)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >369</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Recorded within premiums earned on MBIA&#39;s consolidated statement of operations. </font></td></tr><tr style='height:16.5pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily consists of realized gains due to changes in foreign currency exchange rates.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Adjustments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion of</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >from New</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable as of</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Business</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Term of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Receivable</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:17.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Received</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Written</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Policies</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Discount</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:65.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >792</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(115)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(292)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:57.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >409</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:65.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:65.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >__________</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Recorded within premiums earned on MBIA&#39;s consolidated statement of operations.</font></td></tr><tr style='height:15.75pt;' ><td colspan='21' rowspan='1' style='width:479.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:479.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily consists of premiums receivable of $267 million reported within &quot;Assets held for sale&quot; on MBIA&#39;s consolidated balance sheet. </font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock', window );">Undiscounted Future Premiums By Period</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collection of</font></td><td style='width:162pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premiums</font></td><td style='width:162pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2020</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2021</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2022</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ending:</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2027</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >120</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2032</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2037 and thereafter</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >81</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >446</font></td><td style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock', window );">Unearned Premium Reserve And Future Premium Earnings</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:107.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:107.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Expected Future</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Future</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:99.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:99.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium Earnings</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Upfront</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:51.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Installments</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2017</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >752</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:44.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Three months ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >March 31, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >729</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >June 30, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >707</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >September 30, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >686</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >665</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Twelve months ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >587</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >516</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >79</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >452</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >31</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >395</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Five years ending:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2027</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >195</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >95</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >225</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2032</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >47</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >December 31, 2037 and thereafter</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >54</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:40.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >386</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:44.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >366</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >843</font></td><td style='width:40.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RollforwardOfPremiumsReceivableTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Rollforward of the financial guarantee premiums receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_RollforwardOfPremiumsReceivableTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount to undiscounted future financial guarantee premiums to be collected by period</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UndiscountedFuturePremiumsByPeriodTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unearned Premium Reserve And Future Premium Earnings [Table Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnearnedPremiumReserveAndFuturePremiumEarningsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6927042864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss and Loss Adjustment Expense Reserves (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock', window );">Present Value Of The Probability-Weighted Future Claim Payments And Recoveries</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:10.9pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:155.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.15pt;' ><td colspan='3' rowspan='1' style='width:192pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:155.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Balance Sheet Line Item</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:151.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Balance Sheet Line Item</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.9pt;' ><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:180.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:31.15pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance loss recoverable </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loan repurchase commitments </font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and LAE reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance loss recoverable </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loan repurchase commitments </font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Loss and LAE reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:192pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:192pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >U.S. Public Finance Insurance</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >333</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >512</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >174</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >97</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='6' rowspan='1' style='width:240.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:240.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >International and Structured Finance Insurance:</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Before VIE eliminations</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >1,478</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >710</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >551</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >650</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >VIE eliminations</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(1,300)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(243)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(221)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(206)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Total international and structured finance insurance</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >178</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >467</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >330</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >444</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:4.15pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:180.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:186.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:186.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >511</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >407</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >979</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >504</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >404</font></td><td style='width:6pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:33pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >541</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock', window );">Schedule Of Loss And Loss Adjustment Expenses Reserves</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:354pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:354pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2017</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >541</font></td><td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1,069)</font></td><td style='width:9pt;text-align:center;vertical-align:middle;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >12</font></td><td style='width:7.5pt;text-align:center;vertical-align:middle;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >15</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >661</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(30)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >6</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >843</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >979</font></td></tr><tr style='height:12pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes payments made to satisfy the Zohar II Claim. </font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:489.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:489.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Primarily changes in the amount to satisfy the Zohar II Claim. </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='20' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Loss and LAE Reserves for the Year Ended December 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross Loss</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Payments</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >and LAE</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of Claim</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Unearned</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves as of</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Liability</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Premium</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Revenue</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserves</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:50.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >516</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(128)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >8</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >78</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(15)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >63</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >541</font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:57.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:32.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:54pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:14.1pt;' ><td colspan='26' rowspan='1' style='width:486.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:486.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of payments.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock', window );">Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:295.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:295.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:295.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2017</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:57.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:57.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >504</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(124)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >113</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >511</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (3)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(45)</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >35</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >583</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(124)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >68</font></td><td style='width:10.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >546</font></td></tr><tr style='height:13.5pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of collections.</font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes amounts which have been paid and are expected to be recovered in the future. </font></td></tr><tr style='height:9pt;' ><td colspan='27' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - As of December 31, 2017 and 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='16' rowspan='1' style='width:285.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in Insurance Loss Recoverable and Recoveries on Unpaid Losses</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:8.45pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='16' rowspan='1' style='width:285.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:285.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for the Year Ended December 31, 2016</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Gross</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Collections</font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Reserve</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >for Cases</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Accretion</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >with</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >of</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Discount</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Changes in</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >LAE</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:50.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:50.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:44.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:44.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Rates</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Assumptions</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Recoveries</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insurance loss</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >recoverable</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >577</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >86</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(72)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >504</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recoveries on unpaid </font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >losses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' > (2)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >100</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(34)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:36.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:78.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:78.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >677</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:36.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(72)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >583</font></td></tr><tr style='height:12.75pt;' ><td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >____________</font></td></tr><tr style='height:9.95pt;' ><td colspan='23' rowspan='1' style='width:433.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:433.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Primarily changes in amount and timing of collections.</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='26' rowspan='1' style='width:492pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:492pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Excludes Puerto Rico and Zohar II recoveries, which have been netted against reserves.</font></td></tr><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:72.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:36.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:36.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock', window );">Schedule Of Losses And Loss Adjustment Expenses</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:217.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:217.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31, </font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Public Finance Insurance Segment</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >499</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International and Structured Finance Insurance Segment:</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Second-lien RMBS</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >First-lien RMBS</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >41</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >CDOs</font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:255pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:255pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:262.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:262.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Losses and LAE </font></td><td style='width:16.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:16.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >683</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >123</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes non-U.S. public finance and other issues.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock', window );">Schedule Of Financial Guarantees And Related Claim Liability</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >89</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >280</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >375</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >119</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.7</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.9</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,764</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >104</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,083</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,964</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,676</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,756</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,481</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,440</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,839</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17,445</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,082</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,082</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >782</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >782</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(178)</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(178)</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >77</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries for policies in a net payable position. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </font></td></tr><tr style='height:9.75pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries. </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:352.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:352.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Surveillance Categories</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Caution</font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Classified</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Low</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Medium</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >High</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >List</font></td><td style='width:18.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of policies</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >331</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >430</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of issues</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >126</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining weighted average contract </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >period (in years)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.5</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.2</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross insured contractual payments </font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >outstanding:</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Principal</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,917</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >320</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,031</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,285</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:161.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:161.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,795</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >107</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,777</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,683</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:153.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,712</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >427</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,808</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15,968</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Claim Liability</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >718</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >718</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross Potential Recoveries</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:168.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:168.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Discount, net</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(75)</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net claim liability (recoverable)</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td></tr><tr style='height:14.25pt;' ><td colspan='4' rowspan='1' style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >68</font></td><td style='width:18.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >85</font></td></tr><tr style='height:12pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position. </font></td></tr><tr style='height:9.95pt;' ><td colspan='19' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses [Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule Of Insurance Loss Reserves And Recoverables For Insured Obligations [Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfInsuranceLossReservesAndRecoverablesForInsuredObligationsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule Of Loss And Loss Adjustment Expense Reserve [Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfLossAndLossAdjustmentExpenseReserveTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule Of Losses And Loss Adjustment Expenses [Table Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfLossesAndLossAdjustmentExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of insured financial obligations with credit deterioration related to the claim liability on financial guarantee insurance contracts as of the end of each annual and interim reporting period detailing, at a minimum, the following for each surveillance category or grouping used to track and monitor the entity's insured financial obligations: (1) number of issued and outstanding financial guarantee insurance contracts; (2) remaining weighted average contract period; (3) insured contractual payments outstanding, segregating principal and interest; (4) gross claim liability; (5) gross potential recoveries; (6) net discount of both the claim liability and potential recoveries; (7) net claim liability; (8) reinsurance recoverable; and (9) unearned premium revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5), (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 34<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751140-161288<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>52
<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901328256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair Value of Financial Instruments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock', window );">Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:151.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:114.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:87pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,679</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-25% - 35% (-2%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples of EBITDA</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >407</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >406</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets adjusted for</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >0% - 60% (36%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  financial guarantees provided</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS </font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td><td style='width:9pt;text-align:right;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >54% - 54% (54%)</font></td></tr><tr style='height:7.15pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$0 - $49 ($25)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></sup></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='6' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:151.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:151.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:114.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:114.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:top;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:87pt;text-align:center;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:87pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Negative percentage represents financial guarantee policies in a receivable position. </font></td></tr><tr style='height:11.25pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Unobservable inputs are primarily based on comparable companies&#39; EBITDA multiples.</font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.75pt;' ><td colspan='11' rowspan='1' style='width:560.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:560.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >as of</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Range</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Weighted</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Valuation Techniques</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:117.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable Input</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:71.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average)</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loans receivable at fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >916</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices adjusted for financial</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 28% (3%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  guarantees provided to VIE obligations</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples of EBITDA</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multiples</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Breach rates</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >476</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Market prices of VIE assets</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Impact of financial guarantee</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >0% - 54% (24%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  adjusted for financial guarantees provided</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Credit derivative liabilities, net:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Recovery rates</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 40% (33%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >62</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >BET Model</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >10% - 32% (32%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Weighted average life (in years)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.1 - 1.5 (1.3)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >CMBS spreads</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25% - 35% (30%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Multi-sector CDO</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Direct Price Model</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Nonperformance risk</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58% - 58% (58%)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:111.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:111.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:119.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:119.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other derivative liabilities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Discounted cash flow</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Cash flows</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$0 - $83 ($42)</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:334.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:334.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:117.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:117.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:71.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:71.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1) - Unobservable inputs are primarily based on comparable companies&#39; EBITDA multiples.</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2) - Recovery rates and breach rates include estimates about potential variations in the outcome of litigation with a counterparty. </font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3) - Midpoint of cash flows are used for the weighted average.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock', window );">Company's Assets And Liabilities Measured At Fair Value On Recurring Basis</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,256</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,352</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >858</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >858</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,338</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,340</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >368</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >368</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >67</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >178</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >183</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:174pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:174pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,256</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,058</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,328</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-income fund</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >82</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:276pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:276pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:166.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:166.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >108</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >108</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >759</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >759</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >407</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:201pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:201pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,608</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,272</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,140</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,102</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >63</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other payable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:189pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:189pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >663</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,069</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >864</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >595</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,459</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:196.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.15pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:10.9pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.   </font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.85pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.85pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >825</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >937</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,440</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,440</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,332</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,334</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >868</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >868</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >45</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >257</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >44</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >301</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >825</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,113</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,999</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Money market securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >521</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >521</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-income fund</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >75</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash and cash equivalents</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivative assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:277.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:277.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Active Markets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Counterparty</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >for Identical</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Observable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >and Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:165pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:165pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Assets</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Collateral</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.6pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 1)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 2)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Level 3)</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Netting</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >149</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Cash</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans receivable</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loan repurchase commitments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >404</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >404</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:199.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:199.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative assets:</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,559</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,378</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,552</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,564</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Credit derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >66</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Non-insured derivatives:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >213</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:180pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:180pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Warrants</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >875</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >476</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,351</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,123</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >661</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,784</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td colspan='5' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >____________</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='21' rowspan='1' style='width:550.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:550.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy. </font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock', window );">Fair Value Hierarchy Table Presents The Company's Assets And Liabilities Not Recorded At Fair Value On The Company's Consolidated Balance Sheet</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other Observable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >918</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >892</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,002</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,002</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,121</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >406</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >650</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >433</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >433</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >337</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >352</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >916</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,268</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,354</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,755</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,109</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,328</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,785</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,785</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,220</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:207.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:207.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value Measurements at Reporting Date Using</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Quoted Prices in</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Significant </font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Carry Value</font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Active Markets for</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Other Observable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unobservable</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance as of </font></td></tr><tr style='height:9.95pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Identical Assets</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Inputs</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 1)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:69pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:69pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 2)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (Level 3)</font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >306</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investments held-to-maturity</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >308</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,184</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,199</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Long-term debt</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >478</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >794</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investment agreements</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >508</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >508</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >399</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities of consolidated VIEs:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >882</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >882</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >890</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,030</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,868</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,898</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,069</font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial Guarantees:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,638</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,638</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >995</font></td></tr><tr style='height:11.25pt;' ><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:193.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:64.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:61.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock', window );">Changes In Level 3 Assets Measured At Fair Value On A Recurring Basis</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td colspan='40' rowspan='1' style='width:538.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2017</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:1.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:19.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(8)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >44</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(41)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >   residential</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >916</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >79</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(236)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >759</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >79</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >   corporate</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >150</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >89</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >719</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(38)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >920</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >89</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >404</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >407</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >3</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  derivatives, net</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >17</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td></tr><tr style='height:9.95pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:1.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:1.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,552</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >170</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >737</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(324)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >31</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2,140</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >168</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td colspan='40' rowspan='1' style='width:552pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:552pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Changes in Level 3 Assets and Liabilities Measured at Fair Value on a Recurring Basis for the Year Ended December 31, 2016</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses) for</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Assets</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Gains /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:21pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:64.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Losses)</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:25.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Foreign governments</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >10</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(10)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >29</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(32)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >38</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >44</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >State and municipal</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  bonds</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >41</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >122</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(39)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(125)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Assets of</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Corporate obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(6)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(2)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(5)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Residential mortgage-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  backed non-agency</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Commercial</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  mortgage-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Collateralized debt</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  obligations</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other asset-backed</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(7)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  residential</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,185</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(258)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >916</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(11)</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loans receivable-</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  corporate</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >107</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >146</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(107)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >150</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Loan repurchase</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  commitments</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >396</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >404</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Currency derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >11</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >6</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:21pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >19</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr><tr style='height:9pt;' ><td style='width:64.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:64.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total assets</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,834</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(16)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >32</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >5</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >278</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(344)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:21pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:21pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(109)</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >17</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(144)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,552</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >8</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock', window );">Changes In Level 3 Liabilities Measured At Fair Value On A Recurring Basis</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2017</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >101</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >115</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >14</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >63</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(34)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >4</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other payable</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:7.9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >476</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(56)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >406</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >37</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >661</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >51</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >53</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >15</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >7</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(141)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(51)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >595</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >70</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='40' rowspan='1' style='width:548.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:548.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Change in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains)</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >the Period</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included in</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings for</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Foreign</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Liabilities</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Exchange</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >still held</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance,</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Realized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Recognized</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Transfers</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >as of</font></td></tr><tr style='height:8.1pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Beginning</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >(Gains) /</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Included</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI or</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:23.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >into</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >out of</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Ending</font></td><td style='width:3pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:8.25pt;' ><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >of Year</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >in OCI</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Earnings</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Purchases</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Issuances</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Settlements</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Sales</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:34.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:34.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Level 3</font><sup><font style='font-family:Times New Roman;font-size:7.15pt;font-weight:bold;color:#000000;' > (1)</font></sup></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:27pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >Balance</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' >2016</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Medium-term notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >161</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(3)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(56)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >101</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(4)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Credit derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >85</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >43</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(21)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(43)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >64</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(13)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Other derivatives, net</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >18</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >20</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >2</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Liabilities of </font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >  consolidated VIEs:</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >VIE notes</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,267</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(146)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(631)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >476</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(23)</font></td></tr><tr style='height:9pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >Total liabilities</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >1,531</font></td><td style='width:3.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >43</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(45)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >9</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(245)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:23.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(631)</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >-</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:22.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >661</font></td><td style='width:3pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(38)</font></td></tr><tr style='height:12pt;' ><td style='width:63.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >_______________</font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:26.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:33.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:23.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:23.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='40' rowspan='1' style='width:549pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:549pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Transferred in and out at the end of the period.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock', window );">Gains And Losses (Realized And Unrealized) Included In Earnings Pertaining To Level 3 Assets And Liabilities</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Change in Unrealized Gains (Losses)</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for the Period Included in Earnings</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Gains (Losses)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >for Assets and Liabilities still</font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:165.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:165.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Included in Earnings</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >held as of December 31, </font></td></tr><tr style='height:4.5pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:3pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Revenues:</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >159</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >145</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gains (losses) and other</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   settlements on insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(51)</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(43)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(28)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs:</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >   Net gains (losses) on financial instruments </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >      at fair value and foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td></tr><tr style='height:13.5pt;' ><td colspan='2' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >193</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >98</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:3.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >206</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock', window );">Changes In Fair Value Included In The Company's Consolidated Statements Of Operations</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Investments carried at fair value</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:56.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity securities held at fair value-VIE</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(124)</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(146)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(158)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(268)</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(246)</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other loans</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Loan repurchase commitments</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Medium-term notes</font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(1)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Variable interest entity notes </font><sup><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(2)</font></sup></td><td style='width:18.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:18.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >230</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >383</font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >381</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:210pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:210pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >___________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:56.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:456.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:456.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Reported within &quot;Net gains (losses) on financial instruments at fair value and foreign exchange-VIE&quot; on MBIA&#39;s consolidated statements of operations.</font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock', window );">Difference Between Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:143.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31, 2016</font></td></tr><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Contractual</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Difference</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loans receivable at fair value:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >732</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >727</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >965</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >894</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >170</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >138</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate loans (90 days or more past due)</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,394</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >920</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >474</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >150</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total loans receivable at fair value</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,296</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,679</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >617</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,258</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,066</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Variable interest entity notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,882</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,069</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >813</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,449</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,351</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,098</font></td></tr><tr style='height:6.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:219pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:219pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:229.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:229.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >115</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >158</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference Between The Aggregate Fair Value And The Aggregate Remaining Contractual Principal Balance Outstanding For Loans And Long Term Debt For Which Fair Value Option Has Been Elected [Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DifferenceBetweenAggregateFairValueAndAggregateRemainingContractualPrincipalForLoansAndLongTermDebtForWhichFairValueOptionHasBeenElectedTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19279-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (bb)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2C<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=SL7498348-110258<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19190-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (bbb)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the amount of gains or losses for the period included in earnings or resulted in a change to net assets, have arisen from the use of significant unobservable inputs (level 3) to measure the fair value of assets, liabilities, and financial instruments classified in shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisGainLossIncludedInEarningsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19279-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19279-110258<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the application of the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the company may be required to provide.  Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14217-108612<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (c)(2),(d),(e)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (a),(c)(1),(d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14172-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13467-108611<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R39.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900850736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentTableTextBlock', window );">Amortized Cost And Fair Value Of Available-For-Sale And Held-To-Maturity Investment Portfolios</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:339pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:339pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,317</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >34</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,345</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >840</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >857</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >10</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,332</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(80)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,277</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(72)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >365</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >362</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >35</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >66</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >66</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >175</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,256</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >90</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,240</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >179</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >179</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,438</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >91</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(106)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,423</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(71)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:48pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:556.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:556.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:327.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:327.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Other-Than-</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amortized</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Temporary</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gains</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Impairments</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:11.25pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >909</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >30</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >929</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >State and municipal bonds</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,382</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >72</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(15)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,439</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Foreign governments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,352</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >20</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(102)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,270</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(73)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >871</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(12)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >862</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >50</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >45</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >41</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:191.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:191.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Other asset-backed</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >294</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >293</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,929</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >128</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(148)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,909</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(75)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Money market securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >517</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >517</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Perpetual debt and equity securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total AFS investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,450</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >129</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(148)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >5,431</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(75)</font></td></tr><tr style='height:8.25pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:176.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:176.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:198.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate obligations</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total HTM investments</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td colspan='5' rowspan='1' style='width:206.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:206.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.5pt;' ><td colspan='20' rowspan='1' style='width:545.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:545.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >(1) - Represents unrealized gains or losses on OTTI securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock', window );">Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:123pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:12.75pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:123pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:123pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated VIEs</font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Amortized </font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Arial;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:11.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Cost</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due in one year or less</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >674</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >674</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after one year through five years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,157</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,159</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after five years through ten years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >601</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >540</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Due after ten years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,067</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,116</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Mortgage-backed and asset-backed</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >757</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >751</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:303.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total fixed-maturity investments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,256</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >4,240</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >890</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >916</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock', window );">Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >353</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >477</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >319</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >425</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(77)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >588</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(80)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >105</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >156</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >261</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >110</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,204</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >617</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(93)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,821</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(106)</font></td></tr><tr style='height:13.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:336pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:336pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:111pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Less than 12 Months</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >12 Months or Longer</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:97.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td></tr><tr style='height:9pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Losses</font></td></tr><tr style='height:12.75pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >AFS Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Fixed-maturity investments:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >U.S. Treasury and government agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >432</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >432</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State and municipal bonds</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >339</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >357</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(15)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign governments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >534</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(29)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >52</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(73)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >586</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(102)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >436</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >122</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >558</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(12)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Residential mortgage-backed non-agency</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Commercial mortgage-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asset-backed securities:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:187.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:187.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other asset-backed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >112</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >161</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(3)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total AFS investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,872</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(62)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(86)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,172</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(148)</font></td></tr><tr style='height:7.5pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:172.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:172.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >HTM Investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets of consolidated VIEs:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td></tr><tr style='height:12pt;' ><td colspan='5' rowspan='1' style='width:202.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:202.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total HTM investments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >876</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock', window );">Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:193.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:193.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >AFS Securities</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:216pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >HTM Securities</font></td></tr><tr style='height:9pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Percentage of Fair Value</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Book Value</font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td></tr><tr style='height:9pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:112.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Below Book Value</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td><td style='width:10.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > (in millions)</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 5% to 15%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >76</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 15% to 25%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 25% to 50%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >&gt; 50%</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:112.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:112.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >192</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >111</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock', window );">Securities Held In Unrealized Loss Position And Insured By Financial Guarantor and The Related Insurance Loss Reserve On Company Insured Investments</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance Loss</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair Value</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Loss</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reserve </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></sup></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate obligations:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >MBIA</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >93</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:153pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:153pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:145.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:145.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >96</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >124</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:60pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15.75pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:160.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:160.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:60pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes investments insured by MBIA Corp. and National.</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='12' rowspan='1' style='width:420pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:420pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</font></td><td style='width:66pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:66pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock', window );">Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:14.25pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:185.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:185.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit Losses Recognized in Earnings Related to OTTI</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:5.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:11.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Beginning balance</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities not previously impaired</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Additions for credit loss impairments recognized in the</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >current period on securities previously impaired</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >on securities sold during the period</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Reductions for credit loss impairments previously recognized on securities</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:330pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:330pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >impaired to fair value during the period</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(11)</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:338.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:338.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ending balance</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:5.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:11.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRealizedGainLossTableTextBlock', window );">Gross Realized Gains and Losses From Sales Of Available-For-Sale Securities</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:223.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:19.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:19.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:61.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:61.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Proceeds from sales </font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,256</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,412</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,145</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized gains</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >40</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >84</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >32</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:157.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:157.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross realized losses</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:19.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:19.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:54pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:30pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A table of investments, shown as a text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Article 6<br> -Section 10<br> -Paragraph (c)<br> -Subparagraph (1)<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>invest_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5%.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThanFivePercentTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Securities held in unrealized loss position and insured by financial guarantor and the related insurance loss reserve on company insured investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorAndRelatedInsuranceLossReserveOnCompanyInsuredInvestmentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27340-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfRealizedGainLossTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfRealizedGainLossTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>54
<FILENAME>R40.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900748752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Derivative Instruments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCreditDerivativesTextBlock', window );">Credit Derivatives Sold</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:17.25pt;' ><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='22' rowspan='1' style='width:429.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:429.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >As of December 31, 2017</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:44.25pt;' ><td style='width:97.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td><td style='width:4.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1.0 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >127</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >127</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(63)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15.5 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >846</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,801</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >117</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,818</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >846</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >147</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,928</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(63)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(65)</font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:97.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:97.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:4.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:4.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:16.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >$ in millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='22' rowspan='1' style='width:434.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:434.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' > As of December 31, 2016</font></td></tr><tr style='height:13.5pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:318.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:318.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Notional Value</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:52.5pt;' ><td style='width:101.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Credit Derivatives Sold</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Weighted Average Remaining Expected Maturity</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AAA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >AA</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >A</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >BBB</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Below Investment Grade</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Total Notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Fair Value Asset (Liability)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3.8 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >115</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >473</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >588</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(64)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >15.7 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >137</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,146</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >732</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >20</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3,035</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Insured swaps - held for sale</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14.3 Years</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >420</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >420</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total notional</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >137</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,261</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,152</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >493</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:39pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,043</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:43.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:101.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:101.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total fair value</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:49.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(64)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:39pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:39pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:43.5pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:43.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(66)</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock', window );">Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >127</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(63)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,801</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >747</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(193)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >305</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >69</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >49</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(4)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,100</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(269)</font></td></tr><tr style='height:15.6pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Assets </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Liabilities </font><sup><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(1)</font></sup></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Notional</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Fair</font></td></tr><tr style='height:9.9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Derivative Instruments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:103.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Balance Sheet Location</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Value</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Not designated as hedging instruments:</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >588</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(64)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,035</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Insured swaps - held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >420</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assets held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Liabilities held for sale</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,062</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(213)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Interest rate swaps-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >376</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Medium-term notes</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(17)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >83</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(20)</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other assets-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Derivative liabilities-VIE</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:154.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:154.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >All other-embedded</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other investments</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-designated derivatives</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:51pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5,675</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(316)</font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >__________</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:51pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:51pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:103.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:103.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:30pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td colspan='15' rowspan='1' style='width:547.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:547.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company&#8217;s embedded derivative instruments is determined</font></td></tr><tr style='height:9.9pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:540pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:540pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >   by the location of the related host contract. </font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock', window );">Effect Of Derivative Instruments On Consolidated Statements Of Operations</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:26.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:27.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Derivatives Not Designated as</font></td><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:111pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:111pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td></tr><tr style='height:9.95pt;' ><td style='width:130.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Hedging Instruments </font></td><td style='width:5.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:291pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Location of Gain (Loss) Recognized in Income on Derivative</font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:32.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:32.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:33.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Unrealized gains (losses) on insured derivatives</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >21</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >157</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Insured credit default swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Realized gains (losses) and other settlements on insured derivatives</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(51)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(40)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(28)</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Interest rate swaps</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >3</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(11)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(108)</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Interest rate swaps-VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >-</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >8</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >31</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Currency swaps-VIE</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange-VIE</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(1)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >9</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >10</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >All other</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and foreign exchange</font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(19)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:26.25pt;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(2)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:27.75pt;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >7</font></td></tr><tr style='height:12pt;' ><td style='width:130.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:130.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >Total</font></td><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:291pt;text-align:left;vertical-align:top;border-color:Black;min-width:291pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(68)</font></td><td style='width:6.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:26.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:26.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >(15)</font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:top;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >$</font></td><td style='width:27.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:top;border-color:Black;min-width:27.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' >69</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCreditDerivativesTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of credit derivatives which includes information by sellers of credit derivatives, about each credit derivative, or each group of similar credit derivatives, including (a) the nature of the credit derivative - its term, how it arose, the events or circumstances that would require the seller to perform under the credit derivative, and the current status of the payment/performance risk of the credit derivative; (b) the maximum potential amount of future payments (undiscounted) the seller could be required to make under the credit derivative; (c) the current fair value of the credit derivative; and (d) the nature of any recourse provisions under the credit derivative, and any assets held either as collateral or by third parties. A credit derivative is a derivative instrument (1) in which one or more of its underlyings are related to the credit risk of a specified entity (or a group of entities) or an index based on the credit risk of a group of entities and (2) that exposes the seller to potential loss from credit-risk-related events specified in the contract. Examples of credit derivatives within the scope of this paragraph include, but are not limited to, credit default swaps, credit spread options, and credit index products; also includes a hybrid instrument that has an embedded credit derivative (for example, but not limited to, a credit-linked note).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Credit Derivative<br> -URI http://asc.fasb.org/extlink&amp;oid=6854095<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4L<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708777-113959<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4K<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708775-113959<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4J<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708773-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCreditDerivativesTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4C<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624171-113959<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4A<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5618551-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4B<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624163-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R41.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6746417616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Debt (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock', window );">Long-term debt</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:113.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:113.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.400% Senior Notes due 2022</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >265</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >266</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.000% Debentures due 2025</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.150% Debentures due 2027</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.625% Debentures due 2028</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.700% Senior Notes due 2034</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Surplus Notes due 2033</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >940</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >624</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >506</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Debt issuance costs</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:40.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(34)</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:31.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:31.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,121</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:40.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,986</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:181.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:181.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:40.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:40.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Callable on or after August 15, 2006 at par.</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Callable anytime at the greater of par or the present value of the remaining scheduled</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >          payments of principal and interest.</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:294.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:294.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Contractual interest rate is based on three month LIBOR plus 11.26%.  </font></td><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock', window );">Aggregate maturity of debt obligations</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:135.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Thereafter</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Corporate debt</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >308</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >573</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Surplus Notes due 2033</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >940</font></td></tr><tr style='height:12pt;' ><td style='width:135.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:135.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >Total debt obligations due</font></td><td style='width:15pt;text-align:left;vertical-align:top;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >265</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,248</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >1,513</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock', window );">Principal payments due under investment agreement obligations</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:13.5pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:315pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2037)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >328</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >393</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >56</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:315pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:315pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >337</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:332.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:332.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:74.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:74.25pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:375pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:375pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts net of carrying amount adjustments of $61 million, net of accrued interest of $5 million.</font></td><td style='width:75.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock', window );">Principal payments due under medium-term note obligations based on contractual maturity</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:100.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:100.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:100.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:329.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >61</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >121</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2036)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >847</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total expected principal payments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,065</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less discount and other adjustments</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:93pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:329.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:93pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >765</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:346.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:346.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >________________</font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:93pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:93pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1)- Amounts reflect principal due at maturity for notes issued at a discount.</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:16.15pt;' ><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:447pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:447pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2)- Includes discounts net of carrying amount adjustments and embedded derivatives of $240 million, fair value adjustments of $65 million, net of accrued interest of $5 million.</font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock', window );">Maturity of VIE notes, by segment</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Principal</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:54pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Maturity date:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >203</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >147</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >485</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >132</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2022</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >116</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter (through 2052)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,206</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,289</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' >_______________</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:137.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:137.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='6' rowspan='1' style='width:303pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:303pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2017.</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expected principal payments due under investment agreements [Table Text Block].</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ExpectedPrincipalPaymentsDueUnderinvestmentAgreementsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule of maturity of variable interest entities notes, by segment [Table Text Block].</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfMaturityOfVariableInterestEntitiesNotesBySegmentTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule of principal payments due under medium-term note obligations based on contractual maturity [Table Text Block].</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfPrincipalPaymentsDueUnderMediumTermNoteObligationsBasedOnContractualMaturityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 470<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6479336&amp;loc=d3e64711-112823<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(e),(f))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=64930739&amp;loc=d3e28878-108400<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21538-112644<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21506-112644<br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28541-108399<br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28551-108399<br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21521-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfDebtInstrumentsTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>56
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918226272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock', window );">Income (loss) from operations before provision (benefit) for income taxes</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:169.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:169.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:147.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:102.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Domestic</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(638)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(362)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >303</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(23)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(661)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(339)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >289</font></td><td style='width:102.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:102.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock', window );">Income tax expense (benefit) on income (loss) and shareholder' equity</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:162.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:162.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:42.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:33.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Current taxes:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >State</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred taxes:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >945</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(8)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >97</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(5)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >944</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:18pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Income taxes charged (credited) to shareholders&#39; equity related to:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in unrealized gains (losses) on AFS securities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(30)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in AFS securities with OTTI</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in foreign currency translation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(14)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:279pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:279pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Share-based compensation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total income taxes charged (credited) to shareholders&#39; equity</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(35)</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:33.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total effect of income taxes</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >965</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >74</font></td><td style='width:33.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:33.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock', window );">Income tax rate reconciliation from statutory to effective tax rate</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:141.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:141.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:87.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:87.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Federal income tax computed at the statutory rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >35.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Increase (reduction) in taxes resulting from:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax Reform/Change in Tax Rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(71.4)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mark-to-market on warrants</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.5)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.2)%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Change in valuation allowance</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(116.9)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.2)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nondeductible compensation</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1.4)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred inventory adjustments</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.8%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign Taxes</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiary</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(33.0)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.0%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:201.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:201.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(0.3)%</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.2%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:87.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:213.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effective tax rate</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(142.8)%</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2%</font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:35.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:35.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.7%</font></td><td style='width:87.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:87.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock', window );">Deferred tax assets and liabilities</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:6pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:196.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:196.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of </font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:89.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:89.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:90pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >December 31, 2016</font></td><td style='width:22.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax liabilities:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Unearned premium revenue</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >75</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferral of cancellation of indebtedness income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >46</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred acquisition costs</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized gains in accumulated other comprehensive income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Partnership basis difference</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >36</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basis difference in foreign subsidiaries</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred taxes on VIEs</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax liabilities</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >160</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >362</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Deferred tax assets:</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Compensation and employee benefits</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accrued interest</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >131</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >177</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Loss and loss adjustment expense reserves</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >142</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net operating loss</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >582</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >929</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Foreign tax credits</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >62</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other-than-temporary impairments</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses on insured derivatives</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net losses on financial instruments at fair value and foreign exchange</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net unrealized losses in accumulated other comprehensive income</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Alternative minimum tax credit carryforward</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total gross deferred tax assets</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >930</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,339</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Valuation allowance</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >770</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:292.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:292.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net deferred tax asset</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:81.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:82.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >970</font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:29.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:29.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:280.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:280.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:81.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:81.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:82.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of income before income tax between domestic and foreign jurisdictions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>57
<FILENAME>R43.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918353024">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock', window );">Summary of company's segment results</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2017</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >262</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >30</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >78</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >370</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(51)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(51)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >25</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(32)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(17)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(24)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(106)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(106)</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >28</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >185</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >185</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >23</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >60</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >44</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(127)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >200</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >82</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >278</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(127)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >433</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >499</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >184</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >683</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >36</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >59</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >81</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >116</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >197</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >85</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >47</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(130)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >607</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >151</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >466</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(130)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,094</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(407)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(188)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(661)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(152)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >556</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,143</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(603)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >944</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(255)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(625)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,331)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >606</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1,605)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4,582</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1,312</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,404</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,203)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,095</font></td></tr><tr style='height:13.5pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany reinsurance balances and repurchase agreements.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:303.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:303.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2016</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >335</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >24</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >121</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >480</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(19)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(19)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:223.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:223.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >72</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >26</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >84</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(279)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(282)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >31</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >22</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >51</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(131)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >427</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >67</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(69)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(131)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >294</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >74</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >146</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >220</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >40</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >80</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >57</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >177</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >91</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >106</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >197</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >39</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >69</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >4</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(125)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:216pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:216pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >183</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >175</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >400</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(125)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >633</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >244</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(108)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(469)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(339)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >68</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(15)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(52)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >176</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(93)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(417)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(338)</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,077</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,479</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >6,486</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,905)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11,137</font></td></tr><tr style='height:11.25pt;' ><td colspan='3' rowspan='1' style='width:231pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:231pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:3.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:3.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</font></td></tr><tr style='height:9pt;' ><td colspan='18' rowspan='1' style='width:538.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:538.5pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</font></td></tr></table></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='15' rowspan='1' style='width:305.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:305.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Year Ended December 31, 2015</font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >U.S. </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >International </font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Public </font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >and Structured</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Finance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:45pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Corporate</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:54.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:54.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Eliminations</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' >Consolidated</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >389</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >114</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >530</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net change in fair value of insured derivatives</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >129</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value and </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:222.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:222.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >foreign exchange</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >58</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(9)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to other-than-temporary impairments</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(10)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(13)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on extinguishment of debt</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Other net realized gains (losses) </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >21</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >17</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Revenues of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >128</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >128</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment revenues</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >67</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >63</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(164)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total revenues</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >423</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >169</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >425</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(164)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >853</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Losses and loss adjustment </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >118</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >123</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Operating</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >38</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >79</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >73</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >190</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Interest</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >97</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >102</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >199</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Expenses of consolidated VIEs</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >52</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Inter-segment expenses</font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >89</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >64</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(160)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >-</font></td></tr><tr style='height:12pt;' ><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:215.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:215.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total expenses</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >132</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >183</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >409</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(160)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >564</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >291</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(14)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >16</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >289</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >100</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >109</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >191</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(21)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >13</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >180</font></td></tr><tr style='height:12pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Identifiable assets</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >5,265</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2,599</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >9,870</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2,898)</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></sup></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:45pt;border-top-style:double;border-top-width:3;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >14,836</font></td></tr><tr style='height:9.95pt;' ><td colspan='3' rowspan='1' style='width:230.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:230.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:47.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:45pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:45pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >and other fees.</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >and payables.</font></td></tr><tr style='height:8.1pt;' ><td colspan='19' rowspan='1' style='width:543pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:543pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock', window );">Summary Of premiums earned on financial guarantees and insured derivatives by geographic location of risk</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:243.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:243.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total premiums earned:</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United States</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >169</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >238</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >310</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >United Kingdom</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Europe (excluding United Kingdom)</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally diversified</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other Americas</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >25</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Asia</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:63.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:221.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:221.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total   </font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >202</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >304</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:63.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >385</font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15.75pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:213.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:213.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:25.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:25.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:63.75pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:63.75pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:11.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:11.25pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 31<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8924-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e8906-108599<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 41<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=68060357&amp;loc=d3e9038-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>58
<FILENAME>R44.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900751872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance In Force (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock', window );">Insurance in force by geographic location</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='9' rowspan='1' style='width:225.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:225.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:102pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:102pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >% of</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.9pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Geographic Location</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:82.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >California</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.1%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Illinois</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.5%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.5%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New York</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.0%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.0%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Puerto Rico</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >New Jersey</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Texas</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Hawaii</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Virginia</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Florida</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.5%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.7%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Oregon</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.8%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Subtotal</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >90.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >58.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >127.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >53.9%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Nationally Diversified</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >20.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other states</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >37.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >23.9%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24.6%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >143.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >92.6%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87.1%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Internationally Diversified</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Country specific</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >29.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.7%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:120pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.5</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4%</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30.4</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.9%</font></td><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:82.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:132pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:132pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:21.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >235.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >100.0%</font></td><td style='width:82.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock', window );">Insurance in force by bond type</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:11.1pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:235.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >As of December 31,</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >$ in billions</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:109.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:109.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:17.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:108.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:13.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:195pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Par</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Insurance</font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Gross Par</font></td><td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Bond type</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:49.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:49.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount </font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >in Force</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amount </font></td><td style='width:24pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance - United States:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >42.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >22.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >64.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >38.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >General obligation - </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >lease</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal utilities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Tax-backed</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >26.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >33.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.1</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Higher education</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.1</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Health care</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Military housing</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Investor-owned utilities</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (2)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.0</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Municipal housing</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (3)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >134.0</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >71.9</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >191.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >110.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global public finance - </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >non-United States:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International utilities</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Sovereign-related and sub-sovereign</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (4)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.5</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Transportation</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.1</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (5)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.1</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total non-United States</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.8</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28.8</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global public finance</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >144.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >79.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >220.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >129.8</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:249pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:249pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Global structured finance:</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Collateralized debt obligations</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (6)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.5</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.4</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.6</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed residential</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.6</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Mortgage-backed commercial</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.3</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Consumer asset-backed</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.7</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.2</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >0.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:11.45pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:235.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:235.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Corporate asset-backed</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (7)</font></sup></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2.9</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:208.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:208.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total global structured finance</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.7</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.3</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15.6</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11.4</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:13.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:13.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:195pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:195pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:17.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >154.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >87.0</font></td><td style='width:17.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:17.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >235.9</font></td><td style='width:12.75pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:42pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:42pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >141.2</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:16.15pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' >___________________</font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:16.9pt;' ><td style='width:24pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts. </font></td><td style='width:24pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(2) - Includes investor owned utilities, industrial development and pollution control revenue bonds.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(3) - Includes certain non-profit enterprises, stadium related financing and student loans.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(4) - Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(5) - Includes municipal owned entities backed by sponsoring local government and tax backed transactions.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(6) - Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > waterfalls, or interest and over-collateralization coverage tests.</font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:19.9pt;' ><td style='width:24pt;text-align:left;vertical-align:top;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='17' rowspan='1' style='width:501.75pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:501.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(7) - As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively. </font></td><td style='width:24pt;text-align:left;vertical-align:top;background-color:#FFFFFF;border-color:Black;min-width:24pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock', window );">Reinsurance agreements for insurance operations</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:15pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Standard &amp;</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Letters of </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Poor&#39;s Rating</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Moody&#39;s Rating</font></td><td colspan='2' rowspan='1' style='width:53.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Ceded Par</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Credit/ Trust</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurance</font></td></tr><tr style='height:11.1pt;' ><td style='width:120pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Reinsurers</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:90pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:118.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >(Status)</font></td><td colspan='2' rowspan='1' style='width:53.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:53.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Outstanding</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Accounts</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:60pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:60pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Recoverable</font><sup><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' > (1)</font></sup></td></tr><tr style='height:7.5pt;' ><td style='width:120pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Re Ltd.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >WR</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,321</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   </font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assured Guaranty Corp.</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1,031</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Overseas Private</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >AA+</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Aaa</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >281</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >   Investment Corporation</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(Stable Outlook)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Others</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >A+ or above</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >WR</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2)</font></sup></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >91</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:45.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:52.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td></tr><tr style='height:13.5pt;' ><td style='width:120pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:120pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:90pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:90pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:118.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:118.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,724</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:45.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:45.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >30</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:52.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:52.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td></tr><tr style='height:12pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >_______________</font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(1) - Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</font></td></tr><tr style='height:11.1pt;' ><td colspan='13' rowspan='1' style='width:528pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:528pt;' ><font style='font-family:Times New Roman;font-size:7.5pt;color:#000000;' >(2) - Represents a withdrawal of ratings.</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock', window );">Financial guarantee net premiums earned</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:144.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:144.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:110.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:38.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:38.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:135pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:110.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:110.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net premiums earned:</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Direct</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >205</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >305</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >379</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Assumed</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Gross</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >207</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >307</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >381</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:98.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:98.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Ceded</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(6)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(7)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:30.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:135pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:12pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:86.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:86.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >201</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >300</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:30.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:30.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >372</font></td><td style='width:135pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:135pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of insurance in force by type of bond excluding transactions on behalf of investment management affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfInsuranceInForceByBondTypeTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of insurance in force by geographic location of risk excluding transactions on behalf of investment management affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfInsuranceInForceByGeographicLocationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of financial guaantee net premiums earned including premiums assumed from and ceded to other companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SummaryOfFinancialGuaranteeNetPremiumsEarnedTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of reinsurance agreements for the US Public Finance and Structured Finance insurance operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SummaryOfReinsuranceAgreementsForInsuranceOperationsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>59
<FILENAME>R45.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6908198096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-term Incentive Plans (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock', window );">Restricted Shares Outstanding</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='14' rowspan='1' style='width:381pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:381pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Restricted Share Activity</font></td></tr><tr style='height:12pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:117pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:117pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:33.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of Shares</font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:58.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:58.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted Average Price Per Share</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,916,661</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3553</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,727,319</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9302</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,358,826</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.0047</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Granted</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >708,529</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3740</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >756,381</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2722</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >481,636</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.8012</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Vested</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,051,657)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9732</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(917,039)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >13.6196</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,112,343)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.8988</font></td></tr><tr style='height:12.75pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Forfeited</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,180,555)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8.2912</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(650,000)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.2601</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(800)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0500</font></td></tr><tr style='height:15pt;' ><td style='width:0.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:0.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:143.25pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:143.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,392,978</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.6142</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,916,661</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.3553</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,727,319</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9.9302</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock', window );">Stock Options Outstanding</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:108.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:108.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.95pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Weighted</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Average</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:150pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:150pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Number of</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Price</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Options</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:39.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Shares</font></td><td style='width:12.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:47.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Per Share</font></td><td style='width:21.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at beginning of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,548,000</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10.9888</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercised</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(200,000)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >5.0500</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2,050,000)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4.4722</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Expired or forfeited</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37,800)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >65.5624</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(37,500)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >57.5100</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(222,700)</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >59.2118</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Outstanding at end of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td colspan='2' rowspan='1' style='width:162pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:162pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Exercisable at end of year</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >237,800</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.6689</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,325,300</font></td><td style='width:12.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:39.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:39.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.3703</font></td><td style='width:21.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:21.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>60
<FILENAME>R46.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900673888">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock', window );">Schedule Of Basic And Diluted Earnings Per Share</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:269.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:269.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions except per share amounts</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:15pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:79.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:79.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:15.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td colspan='2' rowspan='1' style='width:264pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Basic earnings per share:</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:6.75pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per basic common share</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.50)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.54)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.06</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:264pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:264pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Diluted earnings per share:</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >180</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: undistributed earnings allocated to participating securities</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) available to common shareholders</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1,605)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(338)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >174</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Basic weighted average shares</font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > (1)</font></sup></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >163.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Effect of common stock equivalents:</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >  Stock options</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.0</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Diluted weighted average shares</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >118.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >133.0</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >164.9</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net income (loss) per diluted common share</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13.50)</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(2.54)</font></td><td style='width:15.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:double;border-bottom-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:72pt;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1.06</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:9pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:22.15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Potentially dilutive securities excluded from the diluted EPS because of antidilutive affect</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >14.1</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.5</font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:72pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18.0</font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:15pt;' ><td style='width:6pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:6pt;font-weight:bold;color:#000000;' ></font></td><td style='width:258pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:258pt;' ><font style='font-family:Calibri;font-size:11pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15.75pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:72pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:72pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:6pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' > (1) Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend </font></td><td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr><tr style='height:8.1pt;' ><td style='width:6pt;text-align:left;vertical-align:middle;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td colspan='10' rowspan='1' style='width:534.75pt;text-align:left;vertical-align:middle;border-color:Black;min-width:534.75pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.</font></td><td style='width:15pt;text-align:left;vertical-align:middle;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule of Basic and Diluted Earnings Per Share [Table Text Block]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ScheduleOfBasicAndDilutedEarningsPerShareTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>61
<FILENAME>R47.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901910592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Common and Preferred Stock (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfTreasuryStockByClassTextBlock', window );">Schedule of Share Repurchases</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions, except per share amounts</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:12pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:46.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:20.25pt;text-align:center;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Number of shares repurchased</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >43.0</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >16.6</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:46.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >39.9</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Average price paid per share</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.55</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6.37</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7.60</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:20.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:183.75pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:183.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Remaining authorization as of December 31</font></td><td style='width:12pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >250</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >88</font></td><td style='width:12pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:6pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:6pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:46.5pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:46.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >94</font></td><td style='width:20.25pt;text-align:right;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:20.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfTreasuryStockByClassTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23285-112656<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23309-112656<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfTreasuryStockByClassTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>62
<FILENAME>R48.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6897908416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2017</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TextBlockAbstract', window );"><strong>Text Block [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock', window );">Changes In The Components Of AOCI</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Unrealized</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Arial;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' > Gains (Losses)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >on AFS</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Foreign Currency</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td></tr><tr style='height:9.95pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:83.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:83.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Securities, Net</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:82.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:82.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Translation, Net</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Total</font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, January 1, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >34</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(13)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >21</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:5.25pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(55)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(81)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:10.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(56)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(26)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(82)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2015</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(22)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(39)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(61)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >27</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(95)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(68)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >1</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >28</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(95)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(67)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:7.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:67.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:15pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2016</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(134)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(128)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:3.75pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Other comprehensive income (loss) before reclassifications</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(24)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >125</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >101</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font><sup><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(1)</font></sup></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Amounts reclassified from AOCI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >-</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Net period other comprehensive income (loss)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(16)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >125</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >109</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:4.5pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:239.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:239.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:246.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:246.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Balance, December 31, 2017</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(10)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(9)</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:67.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >(19)</font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:12pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='5' rowspan='1' style='width:337.5pt;text-align:left;vertical-align:bottom;background-color:#FFFFFF;border-color:Black;min-width:337.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >________________</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:75pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:67.5pt;border-top-style:double;border-top-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:67.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:18.6pt;' ><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='11' rowspan='1' style='width:510pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:510pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' >(1) - Includes items included in the Company&#39;s loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.</font></td><td style='width:9pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:7pt;color:#000000;' ></font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock', window );">Reclassifications From AOCI</a></td>
<td class="text"><div><table style='border-collapse:collapse;' ><tr style='height:9.95pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >In millions</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:184.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Amounts Reclassified from AOCI</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:3pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:6.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:11.25pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='8' rowspan='1' style='width:184.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:184.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Years Ended December 31,</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td></tr><tr style='height:22.5pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;text-decoration:underline;color:#000000;' >Details about AOCI Components</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:55.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:55.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2017</font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:57pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:57pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:56.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:56.25pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Affected Line Item on the Consolidated </font><font style='font-family:Times New Roman;font-size:8.5pt;font-weight:bold;color:#000000;' >Statements of Operations</font></td></tr><tr style='height:10.5pt;' ><td colspan='3' rowspan='1' style='width:155.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:155.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Unrealized gains (losses) on AFS securities:</font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td></tr><tr style='height:21.75pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Realized gain (loss) on sale of securities</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >7</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >11</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net gains (losses) on financial instruments at fair value</font><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >     and foreign exchange </font></td></tr><tr style='height:12.75pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >OTTI</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(7)</font></td><td style='width:8.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;font-weight:bold;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment losses related to OTTI</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >  </font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Amortization on securities</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(5)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(6)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(4)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net investment income </font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(9)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(3)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >3</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Income (loss) before income taxes</font></td></tr><tr style='height:12pt;' ><td style='width:5.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:5.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:142.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:142.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(2)</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:48.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:top;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >2</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Provision (benefit) for income taxes</font></td></tr><tr style='height:12pt;' ><td colspan='2' rowspan='1' style='width:147.75pt;text-align:left;vertical-align:top;border-color:Black;min-width:147.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Total reclassifications for the period</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:6.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:6.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(8)</font></td><td style='width:8.25pt;text-align:left;vertical-align:top;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:8.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:8.25pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >(1)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >$</font></td><td style='width:48.75pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:48.75pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >1</font></td><td style='width:7.5pt;text-align:left;vertical-align:top;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' ></font></td><td style='width:198pt;text-align:left;vertical-align:top;border-color:Black;min-width:198pt;' ><font style='font-family:Times New Roman;font-size:8pt;color:#000000;' >Net income (loss)</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the components of accumulated other comprehensive income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TextBlockAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TextBlockAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>63
<FILENAME>R49.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7031517760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Developments And Risks And Uncertainties (Narrative) (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th">
<div>Jan. 01, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($) </div>
<div>segments</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2015 </div>
<div>USD ($)</div>
</th>
<th class="th"><div>Jan. 20, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfOperatingSegments', window );">Number of operating segments | segments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (661)<span></span>
</td>
<td class="num">$ (339)<span></span>
</td>
<td class="nump">$ 289<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt', window );">Proceeds from Senior Lenders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">325<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance on net deferred tax asset</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">770<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorCustomersAxis=mbi_Zohar2Member', window );">Zohar II [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimPayments', window );">Claims payments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">770<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt', window );">Proceeds from subordinated financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">38<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">Mbia Corp [Member] | Zohar II [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimPayments', window );">Claims payments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">Mbia Corp [Member] | Puerto Rico [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimPayments', window );">Claims payments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">Mbia Corp [Member] | SubsequentEvent [Member] | Puerto Rico [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimPayments', window );">Claims payments</a></td>
<td class="nump">$ 69<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember', window );">MBIA Corp Financing Facility [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Fixed-to-Floating rate Surplus Notes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_AssuredGuarantyCorpMember', window );">Assured Guaranty Corp [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PaymentForSaleOfSubsidiary', window );">Payment for sale of subsidiary</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_AssuredGuarantyCorpMember', window );">Assured Guaranty Corp [Member] | Zohar II [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OutstandingBonds', window );">Outstanding bonds</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 347<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaUkMember', window );">MBIA UK [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">45<span></span>
</td>
<td class="num">$ (5)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisposalDate1', window );">Sale effective date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Jan. 10,  2017<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfBusiness', window );">Gain (loss) on adjusting MBIA UK to its fair value less costs to sell</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5<span></span>
</td>
<td class="num">$ (278)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_MbiaCorpSurplusNotesMember', window );">MBIA Corp Surplus Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionLineItems', window );"><strong>Business Acquisition [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Fixed-to-Floating rate Surplus Notes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the gross amount of claim payments during the period</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OutstandingBonds">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of outstanding bonds for a specific issuer</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OutstandingBonds</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PaymentForSaleOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Payment For Sale Of Subsidiary</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PaymentForSaleOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BusinessAcquisitionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BusinessAcquisitionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contractual interest rate for funds borrowed, under the debt agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisposalDate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date the entity disposed of a business or a group of assets, in CCYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisposalDate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfBusiness">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Gain (loss) from sale or disposal of an organization or integrated set of activities (for example, but not limited to, a partnership or corporation) engaged in providing a product or service in a commercial, industrial, or professional environment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfBusiness</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfOperatingSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NumberOfOperatingSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a borrowing with the highest claim on the assets of the entity in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle, if longer).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a borrowing where a lender is placed in a lien position behind debt having a higher priority of repayment (senior) in liquidation of the entity's assets or underlying collateral.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorCustomersAxis=mbi_Zohar2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorCustomersAxis=mbi_Zohar2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorCustomersAxis=mbi_PuertoRicoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorCustomersAxis=mbi_PuertoRicoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_AssuredGuarantyCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_AssuredGuarantyCorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaUkMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaUkMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_MbiaCorpSurplusNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_MbiaCorpSurplusNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>64
<FILENAME>R50.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6929520272">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">$ 555<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation', window );">Liabilities held for sale</a></td>
<td class="nump">346<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_InvestmentsMember', window );">Investments At Fair Value [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">466<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember', window );">Cash And Cash Equivalents [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">73<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_PremiumsReceivableMember', window );">Premiums Receivable [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">267<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember', window );">Other Assets [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember', window );">Valuation Allowance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="num">(270)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_UnearnedPremiumsLongDurationMember', window );">Unearned Premium Revenue [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation', window );">Liabilities held for sale</a></td>
<td class="nump">304<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember', window );">Other Liabilities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleLineItems', window );"><strong>Assets And Liabilities Held For Sale By Major Category [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation', window );">Liabilities held for sale</a></td>
<td class="nump">$ 42<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=d3e1107-107759<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=SL51721533-107759<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64862545&amp;loc=d3e2941-110230<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721673-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=68055307&amp;loc=d3e2473-110228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount classified as liabilities attributable to disposal group held for sale or disposed of.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64862545&amp;loc=d3e2941-110230<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=d3e1107-107759<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=SL51721533-107759<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721673-107760<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_InvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_InvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_CashAndCashEquivalentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_PremiumsReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_PremiumsReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_ValuationAllowanceForImpairmentOfRecognizedServicingAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_UnearnedPremiumsLongDurationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_UnearnedPremiumsLongDurationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>65
<FILENAME>R51.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900673888">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Recent Accounting Pronouncements (Narrative) (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments', window );">Estimated reclassification of cumulative effect accumulated other comprehensive income to retained earnings for equity investments.</a></td>
<td class="nump">$ 2.0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities', window );">Estimated reclassification of cumulative effect retained earnings to accumulated other comprehensive income for financial liabilities</a></td>
<td class="nump">$ 162.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cumulative equity adjustment for the adoption of ASU 2016-01.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EstimatedReclassificationOfCumulativeEffectAccumulatedOtherComprehensiveIncomeToRetainedEarningsForEquityInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cumulative equity adjustment for the adoption of ASU 2016-01.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EstimatedReclassificationOfCumulativeEffectRetainedEarningsToAccumulatedOtherComprehensiveIncomeForFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountingPoliciesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>66
<FILENAME>R52.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900681472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Variable Interest Entities (Narrative) (Detail)<br> $ in Billions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets', window );">Carrying amounts of assets</a></td>
<td class="nump">$ 3.2<span></span>
</td>
<td class="nump">$ 2.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities', window );">Carrying amounts of liabilities</a></td>
<td class="nump">$ 2.3<span></span>
</td>
<td class="nump">$ 2.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfVariableInterestEntitiesConsolidated', window );">Number of variable interest entities consolidated</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfVariableInterestEntitiesConsolidated">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the number of VIEs consolidated during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NumberOfVariableInterestEntitiesConsolidated</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount of the consolidated Variable Interest Entity's assets included in the reporting entity's statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (bb)<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5710-111685<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount of the consolidated Variable Interest Entity's liabilities included in the reporting entity's statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (bb)<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5710-111685<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityConsolidatedCarryingAmountLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>67
<FILENAME>R53.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7032182048">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 369<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 409<span></span>
</td>
<td class="nump">$ 792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">504<span></span>
</td>
<td class="nump">$ 577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">541<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,939<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,088<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,461<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,391<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">76<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">39<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">55<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">173<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">306<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">37<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">406<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">406<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member] | Collateralized Debt Obligations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,167<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,914<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">51<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">73<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member] | Residential Mortgage Backed Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,146<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,741<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,796<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">172<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">304<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">20<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">396<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">325<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member] | Commercial Mortgage Backed Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">216<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">257<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">94<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">145<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member] | Consumer Asset Backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,010<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,893<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">981<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,331<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member] | Corporate Asset Backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,418<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,625<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,645<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,205<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,568<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,306<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,524<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,051<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_TotalInsuranceMember', window );">Total Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityLineItems', window );"><strong>Variable Interest Entity [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets', window );">VIE Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,507<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64,394<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount', window );">Maximum Exposure to Loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,985<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,442<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">76<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">49<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">66<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">173<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">306<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">51<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">70<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">$ 406<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 406<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Investments on MBIA's consolidated balance sheets.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Premiums receivable on MBIA's consolidated balance sheets.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Insurance loss recoverable on MBIA's consolidated balance sheets.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Unearned premium revenue on MBIA's consolidated balance sheets.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Loss and loss adjustment expense reserves on MBIA's consolidated balance sheets.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Investments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (cc)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(13)(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column D))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reporting entity's maximum amount of exposure to loss as a result of its involvement with the Variable Interest Entity (VIE).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -Subparagraph b<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5728-111685<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5747-111685<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityEntityMaximumLossExposureAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of the assets in the reporting entity's statement of financial position that relate to the reporting entity's variable interest in the Variable Interest Entity (VIE), where the reporting entity is not the VIE's primary beneficiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -Subparagraph a<br> -URI http://asc.fasb.org/extlink&amp;oid=64801991&amp;loc=d3e5728-111685<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntityNonconsolidatedCarryingAmountAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_TotalInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_TotalInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>68
<FILENAME>R54.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901236720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance Premiums (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums receivable</a></td>
<td class="nump">$ 369<span></span>
</td>
<td class="nump">$ 409<span></span>
</td>
<td class="nump">$ 792<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate', window );">Weighted average risk-free rate</a></td>
<td class="nump">2.80%<span></span>
</td>
<td class="nump">2.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1', window );">Weighted average expected collection term of the premiums receivable, years</a></td>
<td class="text">9 years 5 months 12 days<span></span>
</td>
<td class="text">10 years 25 days<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsurancePayable', window );">Reinsurance premiums payable</a></td>
<td class="nump">$ 25<span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember', window );">Other Liabilities [Member] | MBIA UK [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsurancePayable', window );">Reinsurance premiums payable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Premiums Line Items</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsurancePremiumsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average period over which premium receivable for financial guarantee insurance contracts is collected where premium is received over the contract period, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageCollectionPeriod1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the weighted average risk free rate used to discount the premiums expected to be collected for financial guarantee insurance contracts where the premium is to be received over the contract period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivedOverContractPeriodPremiumReceivableWeightedAverageRiskFreeDiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsurancePayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount as of the balance sheet date of the known and estimated amounts owed to insurers under reinsurance treaties or other arrangements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.13(a)(3),(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReinsurancePayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaUkMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaUkMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>69
<FILENAME>R55.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900866352">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsAbstract', window );"><strong>Insurance Premiums [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums Receivable, Beginning balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 409<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived', window );">Premium Payments Received</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(50)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(115)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten', window );">Premiums from New Business Written</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract', window );">Adjustments, Changes in Expected Term of Policies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable', window );">Adjustments, Accretion of Premiums Receivable Discount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments', window );">Adjustments, Other</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(292)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsReceivableAtCarryingValue', window );">Premiums Receivable, Ending balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 369<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 409<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Recorded within premiums earned on MBIA's consolidated statement of operations.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Primarily consists of realized gains due to changes in foreign currency exchange rates.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Primarily consists of premiums receivable of $267 million reported within "Assets held for sale" on MBIA's consolidated balance sheet.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsurancePremiumsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of new business written on financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableNewBusinessWritten</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from premiums received for premium receivable on financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivableProceedsFromPremiumsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accretion of the discount for premiums receivable on financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(4)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAccretionOfDiscountOnPremiumReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in the premium receivable on financial guarantee insurance contracts from changes in the period of the contract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(4)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentChangeInPeriodOfContract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in the premiums receivable on financial guarantee insurance contracts from adjustments classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(4)(iv)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumsReceivableAdjustmentOtherAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsReceivableAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The carrying amount as of the balance sheet date due the entity from (a) agents and insureds, (b) uncollected premiums and (c) others, net of the allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsReceivableAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>70
<FILENAME>R56.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7049434064">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsAbstract', window );"><strong>Insurance Premiums [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ending, March 31, 2018, Expected Collection of Premiums</a></td>
<td class="nump">$ 5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate', window );">Three months ending, June 30, 2018, Expected Collection of Premiums</a></td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ending, September 30, 2018, Expected Collection of Premiums</a></td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ending, December 31, 2018, Expected Collection of Premiums</a></td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2019, Expected Collection of Premiums</a></td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2020, Expected Collection of Premiums</a></td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2021, Expected Collection of Premiums</a></td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2022, Expected Collection of Premiums</a></td>
<td class="nump">28<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate', window );">Five years ending, December 31, 2027, Expected Collection of Premiums</a></td>
<td class="nump">120<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate', window );">Five years ending, December 31, 2032, Expected Collection of Premiums</a></td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate', window );">Five years ending, December 31, 2037 and thereafter, Expected Collection of Premiums</a></td>
<td class="nump">81<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected', window );">Total, Expected Collection of Premiums</a></td>
<td class="nump">$ 446<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For financial guarantee insurance contracts, the aggregate amount of premium related to the premium receivable which is expected to be collected during the sixteenth year and thereafter following the statement of financial position reporting date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSixteenthYearAndThereafterFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsurancePremiumsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the next fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFirstQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fourth fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringFourthQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the second fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringSecondQuarterFollowingTheBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the third fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedDuringThirdQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the eleventh through the fifteenth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThan10AndWithin15YearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the sixth through the tenth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFiveAndWithin10YearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts expected to be collected in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933075&amp;loc=SL5748726-161290<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumExpectedToBeCollectedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium receivables under financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsPremiumReceivablePremiumExpectedToBeCollected</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>71
<FILENAME>R57.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930263632">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ending, March 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">$ 25<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ending, June 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ending, September 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ending, December 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2019, Total Expected Future Premium Earnings</a></td>
<td class="nump">87<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2020, Total Expected Future Premium Earnings</a></td>
<td class="nump">79<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2021, Total Expected Future Premium Earnings</a></td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2022, Total Expected Future Premium Earnings</a></td>
<td class="nump">64<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2027, Total Expected Future Premium Earnings</a></td>
<td class="nump">225<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2032, Total Expected Future Premium Earnings</a></td>
<td class="nump">115<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ending, December 31, 2037 and thereafter, Total Expected Future Premium Earnings</a></td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
<td class="nump">843<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">752<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | March Thirty One Two Thousand Eighteen [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">729<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | June Thirty Two Thousand Eighteen [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">707<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | September Thirty Two Thousand Eighteen [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">686<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Eighteen [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">665<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Nineteen [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">587<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">516<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty One [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">452<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty Two [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">395<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Twenty Seven [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">195<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Thirty Two [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">94<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember', window );">Unearned Premium Revenue [Member] | December Thirty One Two Thousand Thirty Seven And Thereafter [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnearnedPremiums', window );">Unearned Premiums</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember', window );">Upfront [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ending, March 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ending, June 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ending, September 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ending, December 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2019, Total Expected Future Premium Earnings</a></td>
<td class="nump">41<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2020, Total Expected Future Premium Earnings</a></td>
<td class="nump">37<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2021, Total Expected Future Premium Earnings</a></td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2022, Total Expected Future Premium Earnings</a></td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2027, Total Expected Future Premium Earnings</a></td>
<td class="nump">105<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2032, Total Expected Future Premium Earnings</a></td>
<td class="nump">54<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ending, December 31, 2037 and thereafter, Total Expected Future Premium Earnings</a></td>
<td class="nump">40<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
<td class="nump">386<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember', window );">Installments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ending, March 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ending, June 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ending, September 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ending, December 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2019, Total Expected Future Premium Earnings</a></td>
<td class="nump">37<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2020, Total Expected Future Premium Earnings</a></td>
<td class="nump">34<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2021, Total Expected Future Premium Earnings</a></td>
<td class="nump">31<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2022, Total Expected Future Premium Earnings</a></td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2027, Total Expected Future Premium Earnings</a></td>
<td class="nump">95<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2032, Total Expected Future Premium Earnings</a></td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ending, December 31, 2037 and thereafter, Total Expected Future Premium Earnings</a></td>
<td class="nump">54<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
<td class="nump">366<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember', window );">Accretion [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsurancePremiumsLineItems', window );"><strong>Insurance Premiums [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate', window );">Three months ending, March 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate', window );">Three months ending, June 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate', window );">Three months ending, September 30, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate', window );">Three months ending, December 31, 2018, Total Expected Future Premium Earnings</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2019, Total Expected Future Premium Earnings</a></td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2020, Total Expected Future Premium Earnings</a></td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2021, Total Expected Future Premium Earnings</a></td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate', window );">Twelve months ending, December 31, 2022, Total Expected Future Premium Earnings</a></td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2027, Total Expected Future Premium Earnings</a></td>
<td class="nump">25<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate', window );">Five years ending, December 31, 2032, Total Expected Future Premium Earnings</a></td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate', window );">Five years ending, December 31, 2037 and thereafter, Total Expected Future Premium Earnings</a></td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized', window );">Total Expected Future Premium Earnings</a></td>
<td class="nump">$ 91<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the eleventh through fifteenth year following the statement of financial position reporting date</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringEleventhThroughFifteenthYearFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixteenth year and thereafter following the statement of financial position reporting date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixteenthYearAndThereafterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financial guarantee insurance contracts, the amount of premium revenue expected to be recognized during the sixth through tenth year following the statement of financial position reporting date</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSixthThroughTenthYearFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsurancePremiumsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Premiums Line Items</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsurancePremiumsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unearned premium revenue under contracts issued by an insurance entity that provide protection to the holder of a financial obligation from a financial loss in the event of a default.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the next fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFirstQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fourth fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringFourthQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the second fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringSecondQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the third fiscal quarter following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedDuringThirdQuarterFollowingBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanFourAndWithinFiveYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanOneAndWithinTwoYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanThreeAndWithinFourYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of premium revenue under financial guarantee insurance contracts expected to be recognized in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933581&amp;loc=SL5749298-161291<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsFutureExpectedPremiumRevenueToBeRecognizedMoreThanTwoAndWithinThreeYearsFromBalanceSheetDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnearnedPremiums">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of premiums written on insurance contracts that have not been earned as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(13)(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column D))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnearnedPremiums</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UnearnedPremiumRevenueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_MarchThirtyOneTwoThousandSeventeenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_MarchThirtyOneTwoThousandSeventeenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_JuneThirtyTwoThousandSeventeenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_JuneThirtyTwoThousandSeventeenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_SeptemberThirtyTwoThousandSeventeenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_SeptemberThirtyTwoThousandSeventeenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandSeventeenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandSeventeenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandEighteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandEighteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandNineteenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandNineteenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentyOneMemberMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentySixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandTwentySixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandThirtyOneNineMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_DecemberThirtyOneTwoThousandThirtySixAndThereafterMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_UpfrontMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_InstallmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredRevenueArrangementTypeAxis=mbi_AccretionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>72
<FILENAME>R58.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7036068864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate', window );">Weighted average risk-free rate used to discount claim liability</a></td>
<td class="nump">2.31%<span></span>
</td>
<td class="nump">2.07%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceReceivablesCaseBasis', window );">Reinsurance Receivables Case Basis</a></td>
<td class="nump">$ 17<span></span>
</td>
<td class="nump">$ 6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">979<span></span>
</td>
<td class="nump">541<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">683<span></span>
</td>
<td class="nump">220<span></span>
</td>
<td class="nump">$ 123<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember', window );">Second Lien Residential Mortgage Backed Securities And Reserves [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">121<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LaeMember', window );">Lae [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">60<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">42<span></span>
</td>
<td class="nump">$ 48<span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_IneligibleMortgageLoansMember', window );">Ineligible Mortgage Loans [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions', window );">Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</a></td>
<td class="nump">$ 436<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contract Claims On Ineligible Mortgage Loans Inception To Date Incurred Loss On Transactions</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ContractClaimsOnIneligibleMortgageLoansInceptionToDateIncurredLossOnTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Reserves [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the weighted average risk free rate used to discount the claim liability related to financial guarantee insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilityWeightedAverageRiskFreeDiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (cc)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceReceivablesCaseBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum for all reinsurance arrangements of the known and estimated amount recoverable as of the balance sheet date from a given reinsurer for claims paid or incurred by the ceding insurer and associated claims settlement expenses for each reinsurance arrangement (or, the sum of all cases determined individually, probably applying different assumptions to each arrangement).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21412-158489<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21409-158489<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReinsuranceReceivablesCaseBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LaeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LaeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_IneligibleMortgageLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_IneligibleMortgageLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>73
<FILENAME>R59.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928202128">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule OF Losses And Loss Adjustment Expenses Reserves and Recoveries) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
<td class="nump">$ 407<span></span>
</td>
<td class="nump">$ 404<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="nump">511<span></span>
</td>
<td class="nump">504<span></span>
</td>
<td class="nump">$ 577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">979<span></span>
</td>
<td class="nump">541<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">683<span></span>
</td>
<td class="nump">220<span></span>
</td>
<td class="nump">123<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">979<span></span>
</td>
<td class="nump">541<span></span>
</td>
<td class="nump">516<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="nump">511<span></span>
</td>
<td class="nump">504<span></span>
</td>
<td class="nump">577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember', window );">Second Lien Residential Mortgage Backed Securities And Reserves [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">121<span></span>
</td>
<td class="nump">63<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember', window );">CDOs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="nump">10<span></span>
</td>
<td class="num">(32)<span></span>
</td>
<td class="nump">$ 29<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="nump">333<span></span>
</td>
<td class="nump">174<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">512<span></span>
</td>
<td class="nump">97<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_InternationalAndStructuredFinanceInsuranceMember', window );">International And Structured Finance Insurance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="nump">178<span></span>
</td>
<td class="nump">330<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">467<span></span>
</td>
<td class="nump">444<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_InternationalAndStructuredFinanceInsuranceMember', window );">International And Structured Finance Insurance [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="num">(1,300)<span></span>
</td>
<td class="num">(221)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="num">(243)<span></span>
</td>
<td class="num">(206)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_InternationalAndStructuredFinanceInsuranceMember', window );">International And Structured Finance Insurance [Member] | Non Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LoanRepurchaseCommitments', window );">Loan repurchase commitments</a></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Insurance Loss Recoverable</a></td>
<td class="nump">1,478<span></span>
</td>
<td class="nump">551<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">$ 710<span></span>
</td>
<td class="nump">$ 650<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LoanRepurchaseCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments that represent the right of the Trust against the seller/servicer for loans that were not compliant with the representations and warranties of the loan underwriting. The Trust has the right to demand that the transferor replace ineligible loans with a compliant loan or repurchase the non-compliant loan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LoanRepurchaseCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Reserves [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (cc)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_USPublicFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_USPublicFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_InternationalAndStructuredFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_InternationalAndStructuredFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>74
<FILENAME>R60.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6929870560">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss and LAE reserve, beginning balance</a></td>
<td class="nump">$ 541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Changes in unearned premium revenue</a></td>
<td class="nump">206<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 263<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 371<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss and LAE reserve, ending balance</a></td>
<td class="nump">979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember', window );">Loss And Lae Reserves [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss and LAE reserve, beginning balance</a></td>
<td class="nump">541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">516<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossPaymentsForCasesWithReserves', window );">Loss payments for cases with reserves</a></td>
<td class="num">(1,069)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(128)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount', window );">Accretion of claim liability discount</a></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate', window );">Changes in discount rates</a></td>
<td class="nump">15<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions', window );">Changes in assumptions</a></td>
<td class="nump">661<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">78<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInUnearnedPremiums', window );">Changes in unearned premium revenue</a></td>
<td class="num">(30)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(15)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve', window );">Changes in LAE</a></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther', window );">Other</a></td>
<td class="nump">843<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">63<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense', window );">Gross loss and LAE reserve, ending balance</a></td>
<td class="nump">$ 979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 541<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 516<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes payments made to satisfy the Zohar II Claim.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Primarily changes in the amount to satisfy the Zohar II Claim.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Primarily changes in amount and timing of collections.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financial Guarantee Insurance Contracts Claim Liability Significant Components Of Change In Assumptions</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeInAssumptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Changes in the timing and amount of net payments on financial guarantee contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease In Liability For Claim Adjustment Expense Reserve</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInLiabilityForClaimAdjustmentExpenseReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Reserves [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossPaymentsForCasesWithReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss payments for cases with reserves</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossPaymentsForCasesWithReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the amount of the change in the claim liability related to financial guarantee insurance contracts arising from the accretion of the discount of the claim liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(2)(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeAccretionOfDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the amount of change in the claim liability related to financial guarantee insurance contracts arising from a change in the rate used to discount the claim liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(2)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialGuaranteeInsuranceContractsClaimLiabilitySignificantComponentsOfChangeEffectOfChangeInDiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInUnearnedPremiums">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) unearned premiums written. Excludes portion of unearned premiums amortized into income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInUnearnedPremiums</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (cc)<br> -URI http://asc.fasb.org/extlink&amp;oid=65670824&amp;loc=d3e14764-158437<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_LossAndLaeReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>75
<FILENAME>R61.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928199936">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve beginning balance, Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses', window );">Gross Reserve beginning balance, Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">583<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">677<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(124)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">68<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(72)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve ending balance, Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses', window );">Gross Reserve ending balance, Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">546<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">583<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember', window );">Insurance Loss Recoverable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve beginning balance, Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">577<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(124)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(17)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">113<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">86<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(72)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverable', window );">Gross Reserve ending balance, Insurance loss recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">504<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember', window );">Recoveries On Unpaid Losses [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems', window );"><strong>Loss And Loss Adjustment Expense Recoveries [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Gross Reserve beginning balance,Recoveries on unpaid losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">100<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CollectionsForCasesWithRecoveries', window );">Collections for Cases with Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries', window );">Accretion of Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate', window );">Changes in Discount Rates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions', window );">Changes in Assumptions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(45)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(34)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries', window );">Changes in LAE Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther', window );">Other</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossReserveRecoveriesOnUnpaidLosses', window );">Gross Reserve ending balance, Recoveries on unpaid losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 35<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 79<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Primarily changes in amount and timing of collections.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Includes amounts which have been paid and are expected to be recovered in the future.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>As of December 31, 2017 and December 31, 2016, excludes Puerto Rico recoveries, and as of December 31, 2016, the Zohar II recoveries, which have been netted against reserves.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_CollectionsForCasesWithRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash receipts related to recoveries of previously paid claims</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_CollectionsForCasesWithRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossReserveRecoveriesOnUnpaidLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Gross reserve, recoveries on unpaid losses</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_GrossReserveRecoveriesOnUnpaidLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease In Loss Adjustment Expense Recoveries</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInLossAdjustmentExpenseRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of paid insurance policy claims and LAE expense expected to be recovered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance loss recoverable and changes in recoveries of unpaid losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Accretion Of Recoveries</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesAccretionOfRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Assumptions</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInAssumptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Loss Recoverable And Changes In Recoveries Of Unpaid Losses Change In Discount Rate</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesChangeInDiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Changes in the timing and amount of net collections on financial guarantee contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceLossRecoverableAndChangesInRecoveriesOfUnpaidLossesOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Recoveries [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseRecoveriesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_InsuranceLossRecoverableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ClaimLiabilityAxis=mbi_RecoveriesOnUnpaidLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>76
<FILENAME>R62.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901879360">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 683<span></span>
</td>
<td class="nump">$ 220<span></span>
</td>
<td class="nump">$ 123<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">499<span></span>
</td>
<td class="nump">74<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember', window );">Second-Lien RMBS [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">62<span></span>
</td>
<td class="nump">121<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember', window );">First-Lien RMBS [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">92<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="nump">34<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember', window );">CDOs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="num">(32)<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember', window );">Other [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Policyholder Benefits And Claims Incurred Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 20<span></span>
</td>
<td class="nump">$ 16<span></span>
</td>
<td class="num">$ (8)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes non-U.S. public finance and other issues.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Reserves [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_SecondLienResidentialMortgageBackedSecuritiesAndReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_FirstLienResidentialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_CDOsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_OtherLossesAndLossAndLossAdjustmentExpenseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R63.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7032178976">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($) </div>
<div>issue </div>
<div>policy</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($) </div>
<div>issue </div>
<div>policy</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies | policy</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">375<span></span>
</td>
<td class="nump">430<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues | issue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">144<span></span>
</td>
<td class="nump">149<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">8 years 10 months 24 days<span></span>
</td>
<td class="text">7 years 1 month 6 days<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 8,964<span></span>
</td>
<td class="nump">$ 10,285<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">8,481<span></span>
</td>
<td class="nump">5,683<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">17,445<span></span>
</td>
<td class="nump">15,968<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,082<span></span>
</td>
<td class="nump">718<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">782<span></span>
</td>
<td class="nump">770<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">478<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 90<span></span>
</td>
<td class="nump">$ 85<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember', window );">Caution List Low [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies | policy</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">89<span></span>
</td>
<td class="nump">90<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues | issue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">20<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">7 years 4 months 24 days<span></span>
</td>
<td class="text">7 years 6 months<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 2,764<span></span>
</td>
<td class="nump">$ 2,917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,676<span></span>
</td>
<td class="nump">2,795<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5,440<span></span>
</td>
<td class="nump">5,712<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 9<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember', window );">Caution List Medium [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies | policy</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues | issue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">4 years 3 months 18 days<span></span>
</td>
<td class="text">3 years 4 months 24 days<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 13<span></span>
</td>
<td class="nump">$ 17<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">16<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember', window );">Caution List High [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies | policy</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues | issue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">8 years 8 months 12 days<span></span>
</td>
<td class="text">7 years 2 months 12 days<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 104<span></span>
</td>
<td class="nump">$ 320<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">46<span></span>
</td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">150<span></span>
</td>
<td class="nump">427<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember', window );">Classified List [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LossAndLossAdjustmentExpenseLineItems', window );"><strong>Loss And Loss Adjustment Expense Reserves [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfPolicies', window );">Number of policies | policy</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">280<span></span>
</td>
<td class="nump">331<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding', window );">Number of issues | issue</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">119<span></span>
</td>
<td class="nump">126<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod', window );">Remaining weighted average contract period (in years)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">9 years 8 months 12 days<span></span>
</td>
<td class="text">7 years<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal', window );">Principal</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 6,083<span></span>
</td>
<td class="nump">$ 7,031<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5,756<span></span>
</td>
<td class="nump">2,777<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">11,839<span></span>
</td>
<td class="nump">9,808<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability', window );">Gross claim liability</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,082<span></span>
</td>
<td class="nump">718<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries', window );">Less: Gross potential recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">782<span></span>
</td>
<td class="nump">770<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount', window );">Discount, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability', window );">Net claim liability (recoverable)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">478<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue', window );">Unearned premium revenue</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 77<span></span>
</td>
<td class="nump">$ 68<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>An &#8220;issue&#8221; represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>The gross claim liability with respect to Puerto Rico and Zohar II exposures are net of expected recoveries for policies in a net payable position.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><div>Represents discount related to Gross Claim Liability and Gross Potential Recoveries.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LossAndLossAdjustmentExpenseLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Loss And Loss Adjustment Expense Reserves [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LossAndLossAdjustmentExpenseLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfPolicies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number Of Policies</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NumberOfPolicies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(iv)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(vii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(v)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(vi)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>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.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 55<br> -Paragraph 32<br> -URI http://asc.fasb.org/extlink&amp;oid=34726416&amp;loc=SL5751133-161288<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)(5)(ix)<br> -URI http://asc.fasb.org/extlink&amp;oid=6933314&amp;loc=SL5749324-161292<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListLowMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListMediumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_CautionListHighMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SurveillanceCategoriesAxis=mbi_ClassifiedListMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>78
<FILENAME>R64.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901012576">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Narrative) (Detail)<br></strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue', window );">Percentage of level 3 assets at fair value in total assets measured at fair value value</a></td>
<td class="nump">30.00%<span></span>
</td>
<td class="nump">21.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue', window );">Percentage of level 3 liabilities at fair value in total liabilities measured at fair value</a></td>
<td class="nump">41.00%<span></span>
</td>
<td class="nump">37.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Approximate percentage of level 3 assets at fair value in total assets measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ApproximatePercentageOfLevel3AssetsAtFairValueInTotalAssetsMeasuredAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Approximate percentage of level 3 liabilities at fair value in total liabilities measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ApproximatePercentageOfLevel3LiabilitiesAtFairValueInTotalLiabilitiesMeasuredAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>79
<FILENAME>R65.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6931576448">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($) </div>
<div>Y</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember', window );">Other Derivative Liabilities [Member] | Discounted cash flow [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 20<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember', window );">Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member] | Direct Price Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">54.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember', window );">Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member] | Direct Price Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">54.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember', window );">Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member] | Direct Price Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">54.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">49<span></span>
</td>
<td class="nump">83<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember', window );">Discounted Cash Flows [Member] | Other Derivative Liabilities [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangeDollars', window );">Range dollars</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">25<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities [Member] | BET Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">62<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities [Member] | Direct Price Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Multi Sector C D O [Member] | Direct Price Model [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Recovery Rates [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">33.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">58.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">58.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Nonperformance Risk [Member] | Multi Sector C D O [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">58.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years) | Y</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years) | Y</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Weighted Average Life [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueDisclosureWeightedAverageInYears', window );">Weighted Average (in years) | Y</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member] | Commercial Mortgage Backed Securities Spreads [Member] | Commercial Mortgage Backed Securities [Member] | Weighted Average [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Fair Value, assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,679<span></span>
</td>
<td class="nump">$ 916<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Minimum [Member] | Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25.00%)<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Maximum [Member] | Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">28.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Weighted Average [Member] | Quoted market prices adjusted for financial guarantees provided to VIE obligations and multiples of EBITDA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2.00%)<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember', window );">Loan Repurchase Commitments [Member] | Variable Interest Entity Primary Beneficiary [Member] | Discounted cash flow [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Fair Value, assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 407<span></span>
</td>
<td class="nump">$ 404<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Fair value, liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 406<span></span>
</td>
<td class="nump">$ 476<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Minimum [Member] | Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Maximum [Member] | Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">60.00%<span></span>
</td>
<td class="nump">54.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member] | Impact Of Financial Guarantee [Member] | Weighted Average [Member] | Quoted market prices of VIE assets adjusted for financial guarantees provided [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems', window );"><strong>Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementRangePercentage', window );">Range percentage</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36.00%<span></span>
</td>
<td class="nump">24.00%<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Midpoint of cash flows are used for the weighted average.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueDisclosureWeightedAverageInYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Disclosure, Weighted Average (In Years)</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueDisclosureWeightedAverageInYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementRangeDollars">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the fair value measurement range dollars of the Company's assets and liabilities measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueMeasurementRangeDollars</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementRangePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the fair value measurement range percentage of the Company's assets and liabilities measured at fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueMeasurementRangePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationTechniqueAxis=mbi_DiscountedCashFlowMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationTechniqueAxis=mbi_DiscountedCashFlowMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_NonperformanceRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationTechniqueAxis=mbi_DirectPriceModelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationTechniqueAxis=mbi_DirectPriceModelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_DiscountedCashFlowsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=mbi_CreditDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationTechniqueAxis=mbi_BETValuationModelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationTechniqueAxis=mbi_BETValuationModelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_MultiSectorCDOMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_MultiSectorCDOMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_RecoveryRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_RecoveryRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_WeightedAverageLifeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_CommercialMortgageBackedSecuritiesSpreadsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationTechniqueAxis=mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationTechniqueAxis=mbi_MarketPricesAdjustedForFinancialGuaranteesProvidedToVieObligationsAndMultiplesOfEbitdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnobservableInputAxis=mbi_ImpactOfFinancialGuaranteeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_VariableInterestEntityNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationTechniqueAxis=mbi_QuotedMarketPricesOfVieAssetsAdjustedForFinancialGuaranteesProvidedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>80
<FILENAME>R66.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6932729856">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 7,102<span></span>
</td>
<td class="nump">$ 7,564<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,459<span></span>
</td>
<td class="nump">1,784<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">180<span></span>
</td>
<td class="nump">521<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">115<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63<span></span>
</td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember', window );">Cash And Cash Equivalents [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">122<span></span>
</td>
<td class="nump">163<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_FixedIncomeFundsMember', window );">Fixed Income Funds [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">82<span></span>
</td>
<td class="nump">75<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_OtherAssetsMember', window );">Other [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherPayableMember', window );">Other Payable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,328<span></span>
</td>
<td class="nump">4,999<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,352<span></span>
</td>
<td class="nump">937<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | State and municipal bonds [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">858<span></span>
</td>
<td class="nump">1,440<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Government Debt [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,340<span></span>
</td>
<td class="nump">1,334<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">368<span></span>
</td>
<td class="nump">868<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="nump">45<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">67<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">183<span></span>
</td>
<td class="nump">301<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeAssetsMember', window );">Derivative Assets [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeAssetsMember', window );">Derivative Assets [Member] | Currency Derivatives [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Variable Interest Entity Primary Beneficiary [Member] | Loan Repurchase Commitments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">108<span></span>
</td>
<td class="nump">149<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Loans Receivable At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member] | Residential Loans Receivable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">759<span></span>
</td>
<td class="nump">916<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Loans Receivable At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member] | Corporate Loans Receivable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">920<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated V I Es [Member] | Cash And Cash Equivalents [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65<span></span>
</td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">193<span></span>
</td>
<td class="nump">213<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member] | Other Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_OtherLiabilitiesMember', window );">Other Liabilities [Member] | Warrant [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_LiabilitiesOfConsolidatedViesMember', window );">Liabilities Of Consolidated Vies [Member] | Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,069<span></span>
</td>
<td class="nump">1,351<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,608<span></span>
</td>
<td class="nump">1,559<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Money Market Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">180<span></span>
</td>
<td class="nump">521<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Perpetual Debt And Equity Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Cash And Cash Equivalents [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">122<span></span>
</td>
<td class="nump">163<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,256<span></span>
</td>
<td class="nump">825<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member] | U S Treasury And Government [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,256<span></span>
</td>
<td class="nump">825<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value Inputs Level 1 [Member] | Assets Of Consolidated V I Es [Member] | Cash And Cash Equivalents [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,272<span></span>
</td>
<td class="nump">4,378<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">864<span></span>
</td>
<td class="nump">1,123<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Perpetual Debt And Equity Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">37<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,058<span></span>
</td>
<td class="nump">4,113<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | U S Treasury And Government [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">96<span></span>
</td>
<td class="nump">112<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | State and municipal bonds [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">858<span></span>
</td>
<td class="nump">1,440<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Foreign Government Debt [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Corporate Obligations [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,338<span></span>
</td>
<td class="nump">1,332<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">368<span></span>
</td>
<td class="nump">868<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="nump">45<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">60<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">178<span></span>
</td>
<td class="nump">257<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Assets [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Of Consolidated V I Es [Member] | Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Of Consolidated V I Es [Member] | Residential Mortgage Backed Non Agency [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">108<span></span>
</td>
<td class="nump">149<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Of Consolidated V I Es [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Of Consolidated V I Es [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Assets Of Consolidated V I Es [Member] | Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Derivative Liabilities [Member] | Interest Rate Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">193<span></span>
</td>
<td class="nump">213<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Other Liabilities [Member] | Warrant [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value Inputs Level 2 [Member] | Liabilities Of Consolidated Vies [Member] | Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">663<span></span>
</td>
<td class="nump">875<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,140<span></span>
</td>
<td class="nump">1,552<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">595<span></span>
</td>
<td class="nump">661<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Medium Term Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">115<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Perpetual Debt And Equity Securities [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Other [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">14<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Other Payable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14<span></span>
</td>
<td class="nump">61<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Corporate Obligations [Member] | Other Fixed Maturity Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Fixed Maturities [Member] | Other Asset Backed [Member] | Asset-backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">44<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Assets [Member] | Currency Derivatives [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Variable Interest Entity Primary Beneficiary [Member] | Loan Repurchase Commitments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Commercial Mortgage Backed Securities [Member] | Mortgage-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Collateralized Debt Obligations [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Other Asset Backed [Member] | Asset-backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Loans Receivable At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member] | Residential Loans Receivable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">759<span></span>
</td>
<td class="nump">916<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Assets Of Consolidated V I Es [Member] | Loans Receivable At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member] | Corporate Loans Receivable [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureRecurring', window );">Fair value financial assets measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">920<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Liabilities [Member] | Credit Derivatives [Member] | Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63<span></span>
</td>
<td class="nump">64<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Derivative Liabilities [Member] | Other Derivatives [Member] | Non Insured Derivatives [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Liabilities Of Consolidated Vies [Member] | Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureRecurring', window );">Fair value financial liabilities measured on recurring basis</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 406<span></span>
</td>
<td class="nump">$ 476<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Investment that was measured at fair value by applying the net asset value per share practical expedient, and was required not to be classified in the fair value hierarchy.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Unobservable inputs are either not developed by the Company or do not significantly impact the overall fair values of the aggregate financial assets and liabilities.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureRecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a recurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureRecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureRecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a recurring basis by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureRecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CashAndCashEquivalentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_FixedIncomeFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_FixedIncomeFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_OtherFixedMaturityInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_OtherFixedMaturityInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CorporateObligationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CorporateObligationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_DerivativeAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_InterestRateDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_InterestRateDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByLiabilityClassAxis=mbi_NonInsuredDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CurrencyDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_LoansreceivableatfairvalueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_LoansreceivableatfairvalueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPortfolioSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPortfolioSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_DerivativeLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_DerivativeLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CreditDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CreditDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByLiabilityClassAxis=mbi_InsuredDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_OtherLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_OtherLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_WarrantMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_WarrantMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_LiabilitiesOfConsolidatedViesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_LiabilitiesOfConsolidatedViesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>81
<FILENAME>R67.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6907913472">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 555<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Reported Amount Fair Value Disclosure [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">306<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">892<span></span>
</td>
<td class="nump">1,199<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">337<span></span>
</td>
<td class="nump">399<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">650<span></span>
</td>
<td class="nump">794<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,121<span></span>
</td>
<td class="nump">1,986<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,328<span></span>
</td>
<td class="nump">4,069<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,220<span></span>
</td>
<td class="nump">995<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Reported Amount Fair Value Disclosure [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">890<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,220<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">306<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">918<span></span>
</td>
<td class="nump">1,184<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">433<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">406<span></span>
</td>
<td class="nump">478<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,002<span></span>
</td>
<td class="nump">1,030<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,109<span></span>
</td>
<td class="nump">2,898<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,785<span></span>
</td>
<td class="nump">2,638<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">61<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,268<span></span>
</td>
<td class="nump">882<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedInvestmentIncomeReceivable', window );">Accrued investment income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent', window );">Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">306<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">308<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtFairValue', window );">Long-term debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,002<span></span>
</td>
<td class="nump">1,030<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure', window );">Payable for investments purchased</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,354<span></span>
</td>
<td class="nump">1,030<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 2 [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">352<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsFairValueDisclosureNonrecurring', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GuaranteedInvestmentAgreementsFairValue', window );">Investment agreements</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">433<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MediumTermNotes', window );">Medium-term notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">406<span></span>
</td>
<td class="nump">478<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,755<span></span>
</td>
<td class="nump">1,868<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeGross', window );">Gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,785<span></span>
</td>
<td class="nump">2,638<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FinancialGuaranteeCeded', window );">Ceded</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">61<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member] | Value Disclosed At Fair Value Not Recorded At Fair Value [Member] | Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems', window );"><strong>Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Investments held-to-maturity, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NotesPayable', window );">Variable interest entity notes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 916<span></span>
</td>
<td class="nump">$ 882<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within "Other assets" on MBIA's consolidated balance sheets.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within "Other liabilities" on MBIA's consolidated balance sheets.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeCeded">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the Company's balance sheet carrying amount of the financial guarantee insurance contracts ceded to third party reinsurers. The balance sheet carrying amount comprises the prepaid reinsurance premiums and reinsurance recoverable on paid and unpaid losses</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeCeded</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FinancialGuaranteeGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the Company's balance sheet carrying amount of the financial guarantee insurance contract obligations with third parties. The gross balance sheet carrying amount comprises the unearned premium revenue and the loss and loss adjustment expense reserves balances</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FinancialGuaranteeGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GuaranteedInvestmentAgreementsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Guaranteed Investment Agreements Fair Value</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_GuaranteedInvestmentAgreementsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PayableForInvestmentsPurchasedFairValueDisclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Payable for investments purchased fair value disclosure</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PayableForInvestmentsPurchasedFairValueDisclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedInvestmentIncomeReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Interest, dividends, rents, ancillary and other revenues earned but not yet received by the entity on its investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccruedInvestmentIncomeReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsFairValueDisclosureNonrecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value on a nonrecurring basis by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsFairValueDisclosureNonrecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=d3e1107-107759<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65878427&amp;loc=SL51721533-107759<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64862545&amp;loc=d3e2941-110230<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64827811&amp;loc=SL51721673-107760<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=68055307&amp;loc=d3e2473-110228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesFairValueDisclosureNonrecurring">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregation of the liabilities reported on the balance sheet measured at fair value on a nonrecurring basis by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesFairValueDisclosureNonrecurring</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MediumTermNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, carrying value at the balance sheet date of a financial instrument used to receive debt funding on a regular basis with original maturities ranging from 5-10 years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.6-04(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=6488278&amp;loc=d3e603758-122996<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MediumTermNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NotesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NotesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(f,g))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DisclosedAtFairValueNotRecordedAtFairValueAxis=mbi_ValueDisclosedAtFairValueNotRecordedAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>82
<FILENAME>R68.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928390688">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail) - Fair Value Inputs Level 3 [Member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">$ 1,552<span></span>
</td>
<td class="nump">$ 1,834<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="nump">170<span></span>
</td>
<td class="num">(16)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets', window );">Foreign exchange recognized in OCI or earnings, assets</a></td>
<td class="num">(2)<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="nump">737<span></span>
</td>
<td class="nump">278<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(324)<span></span>
</td>
<td class="num">(344)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(109)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">31<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(144)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">2,140<span></span>
</td>
<td class="nump">1,552<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="nump">168<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
<td class="nump">661<span></span>
</td>
<td class="nump">1,531<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings', window );">Realized gains/(losses), liabilities</a></td>
<td class="nump">51<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="nump">53<span></span>
</td>
<td class="num">(45)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities', window );">Foreign exchange recognized in OCI or earnings, liabilities</a></td>
<td class="nump">15<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases', window );">Purchases, liabilities</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
<td class="num">(141)<span></span>
</td>
<td class="num">(245)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales', window );">Sales, liabilities</a></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(631)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">595<span></span>
</td>
<td class="nump">661<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">70<span></span>
</td>
<td class="num">(38)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPortfolioSegmentMember', window );">Residential Prime Financing Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">916<span></span>
</td>
<td class="nump">1,185<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="nump">79<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(236)<span></span>
</td>
<td class="num">(258)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">759<span></span>
</td>
<td class="nump">916<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="nump">79<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember', window );">Corporate Loans Receivable [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">150<span></span>
</td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="nump">89<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="nump">719<span></span>
</td>
<td class="nump">146<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(38)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(107)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">920<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="nump">89<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember', window );">Loan Repurchase Commitments [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">404<span></span>
</td>
<td class="nump">396<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">407<span></span>
</td>
<td class="nump">404<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember', window );">State and municipal bonds [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">41<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">122<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(39)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(125)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember', window );">Foreign Government Debt [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets', window );">Foreign exchange recognized in OCI or earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateObligationMember', window );">Corporate Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CorporateObligationMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember', window );">Residential Mortgage Backed Non Agency [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales', window );">Sales, assets</a></td>
<td class="num">(3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(7)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(8)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember', window );">Other Asset Backed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">44<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1', window );">Realized gains/(losses), assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss', window );">Unrealized gains/(losses) included in OCI, assets</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements', window );">Settlements, assets</a></td>
<td class="num">(41)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">44<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember', window );">Other Asset Backed [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3', window );">Transfers into level 3, assets</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3', window );">Transfers out of level 3, assets</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
<td class="nump">101<span></span>
</td>
<td class="nump">161<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities', window );">Foreign exchange recognized in OCI or earnings, liabilities</a></td>
<td class="nump">15<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(56)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">115<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">14<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CreditDerivativesMember', window );">Credit Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
<td class="nump">64<span></span>
</td>
<td class="nump">85<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings', window );">Realized gains/(losses), liabilities</a></td>
<td class="nump">51<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(21)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(43)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">63<span></span>
</td>
<td class="nump">64<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">1<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember', window );">Other Derivative Liabilities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
<td class="nump">20<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="nump">18<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
<td class="num">(34)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">18<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Beginning balance, fair value liabilities</a></td>
<td class="nump">476<span></span>
</td>
<td class="nump">1,267<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="nump">37<span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases', window );">Purchases, liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements', window );">Settlements, liabilities</a></td>
<td class="num">(56)<span></span>
</td>
<td class="num">(146)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales', window );">Sales, liabilities</a></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(631)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">406<span></span>
</td>
<td class="nump">476<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">37<span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember', window );">Currency Derivatives [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Beginning balance, fair value assets</a></td>
<td class="nump">19<span></span>
</td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets', window );">Foreign exchange recognized in OCI or earnings, assets</a></td>
<td class="num">(2)<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">19<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_OtherAssetsMember', window );">Other Assets [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses) included in earnings, assets</a></td>
<td class="num">(3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases', window );">Purchases, assets</a></td>
<td class="nump">17<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue', window );">Ending balance, fair value assets</a></td>
<td class="nump">14<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for assets still held, assets</a></td>
<td class="num">(3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_OtherPayableMember', window );">Other Payable [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss', window );">Unrealized gains/(losses included in earnings, liabilities</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases', window );">Purchases, liabilities</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue', window );">Ending balance, fair value liabilities</a></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease', window );">Change in unrealized gains/(losses) for the period included in earnings for liabilities still held, liabilities</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Assets</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis In Foreign Exchange Recognized Other Comprehensive Income or Earnings, Liabilities</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisInForeignExchangeRecognizedOtherComprehensiveIncomeOrEarningsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those assets still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unrealized (holding) gain (loss) which is included in the statement of income (or changes in net assets) related to those liabilities still held at the reporting date for which fair value is measured on a recurring basis using significant unobservable inputs (Level 3).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) recognized in other comprehensive income (loss) for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of settlement of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of transfer of financial instrument classified as an asset into level 3 of the fair value hierarchy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) recognized on the income statement for financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of purchases of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of sales of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPortfolioSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_ResidentialPortfolioSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=us-gaap_LoansReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CorporateObligationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CorporateObligationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CreditDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CreditDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherDerivativeLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_VariableInterestEntityNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_CurrencyDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_CurrencyDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>83
<FILENAME>R69.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6910919648">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
<td class="nump">$ 157<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(24)<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="nump">31<span></span>
</td>
<td class="num">(282)<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Total Gains Losses Included In Earnings [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="nump">159<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives', window );">Realized gains and other settlements on insured derivatives</a></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(43)<span></span>
</td>
<td class="num">(28)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(32)<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">39<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings', window );">Total revenues</a></td>
<td class="nump">49<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="nump">193<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrealizedGainLossOnDerivatives', window );">Unrealized gains (losses) on insured derivatives</a></td>
<td class="num">(1)<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="nump">145<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(32)<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings', window );">Total revenues</a></td>
<td class="nump">98<span></span>
</td>
<td class="nump">46<span></span>
</td>
<td class="nump">206<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Total Gains Losses Included In Earnings [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="nump">131<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value Inputs Level 3 [Member] | Variable Interest Entity Primary Beneficiary [Member] | Change In Unrealized Gains Losses For Period Included In Earnings For Assets And Liabilities Still Held [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="nump">$ 131<span></span>
</td>
<td class="nump">$ 32<span></span>
</td>
<td class="nump">$ 19<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Realized gains and losses and recognized premiums and fees related to insurance policies on derivatives included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of realized and unrealized gain (loss) included in earnings, which have arisen from the use of significant unobservable inputs (level 3) to measure fair value of assets, liabilities, and financial instruments classified in shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=66048111&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueMeasuredOnRecurringBasisGainLossIncludedInEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue and income classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrealizedGainLossOnDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnrealizedGainLossOnDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_TotalGainsLossesIncludedInEarningsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueByConsolidatedStatementsOfOperationsAxis=mbi_ChangeInUnrealizedGainsLossesForPeriodIncludedInEarningsForAssetsAndLiabilitiesStillHeldMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>84
<FILENAME>R70.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930364272">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(282)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(282)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">130<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member] | Loan Repurchase Commitments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_InvestmentsCarriedAtFairValueMember', window );">Investments Carried At Fair Value [Member] | Non Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember', window );">Fixed Maturity Securities Held At Fair Value - VIE [Member] | Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(22)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(124)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(146)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember', window );">Residential Mortgage Loans [Member] | Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(158)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(268)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(246)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember', window );">Other Loans [Member] | Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">52<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_OtherAssetsMember', window );">Other [Member] | Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member] | Non Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(14)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_VariableInterestEntityNotesMember', window );">Variable Interest Entity Notes [Member] | Variable Interest Entity [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts Notes And Loans Receivable [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 230<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 381<span></span>
</td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange-VIE on MBIA's consolidated statements of operations.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Reported within Net gains (losses) of financial instruments at fair value and foreign exchange on MBIA's consolidated statements of operations.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue and income classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis=mbi_LoanRepurchaseCommitmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_InvestmentsCarriedAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_InvestmentsCarriedAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_FixedMaturitySecuritiesHeldAtFairValueVieMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_VariableInterestEntityNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_VariableInterestEntityNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R71.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6911789856">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember', window );">Non Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes', window );">Medium-term notes, contractual outstanding principal</a></td>
<td class="nump">$ 180<span></span>
</td>
<td class="nump">$ 158<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueMediumTermNotes', window );">Medium-term notes, fair value</a></td>
<td class="nump">115<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateDifferencesMediumTermNotes', window );">Medium-term notes, difference</a></td>
<td class="nump">65<span></span>
</td>
<td class="nump">57<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
<td class="nump">2,296<span></span>
</td>
<td class="nump">1,258<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments', window );">Variable interest entity notes, contractual outstanding principal</a></td>
<td class="nump">1,882<span></span>
</td>
<td class="nump">2,449<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
<td class="nump">1,679<span></span>
</td>
<td class="nump">1,066<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments', window );">Variable interest entity notes, fair value</a></td>
<td class="nump">1,069<span></span>
</td>
<td class="nump">1,351<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
<td class="nump">617<span></span>
</td>
<td class="nump">192<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments', window );">Variable interest entity notes, difference</a></td>
<td class="nump">813<span></span>
</td>
<td class="nump">1,098<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember', window );">Residential Mortgage Loans [Member] | Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
<td class="nump">732<span></span>
</td>
<td class="nump">965<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue', window );">Loans receivable, 90 days or more past due, contractual outstanding principal</a></td>
<td class="nump">170<span></span>
</td>
<td class="nump">143<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
<td class="nump">727<span></span>
</td>
<td class="nump">894<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus', window );">Loans receivable, 90 days or more past due, fair value</a></td>
<td class="nump">32<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference', window );">Loans receivable, 90 days or more past due, difference</a></td>
<td class="nump">138<span></span>
</td>
<td class="nump">121<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember', window );">Corporate Loans [Member] | Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems', window );"><strong>Schedule Of Fair Value Of Separate Accounts By Major Category Of Investment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable', window );">Loans receivable, contractual outstanding principal</a></td>
<td class="nump">1,394<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOptionAggregateFairValueLoansReceivable', window );">Loans receivable, fair value</a></td>
<td class="nump">920<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables', window );">Loans receivable, difference</a></td>
<td class="nump">$ 474<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateDifferencesMediumTermNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Aggregate Differences Medium Term Notes</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionAggregateDifferencesMediumTermNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueLoansReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Aggregate Fair Value Loans Receivable</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueLoansReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Aggregate Fair Value Long Term Debt Instruments</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueLongTermDebtInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionAggregateFairValueMediumTermNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Aggregate Fair Value Medium Term Notes</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionAggregateFairValueMediumTermNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Contractual Outstanding Principal Loans Receivable</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionContractualOutstandingPrincipalLoansReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Contractual Outstanding Principal Long Term Debt Instruments</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOptionContractualOutstandingPrincipalLongTermDebtInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Option Contractual Outstanding Principal Medium Term Notes</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_Fairvalueoptioncontractualoutstandingprincipalmediumtermnotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of loans and long-term receivables (other than securities categorized as trading, available-for-sale or held-to-maturity) that have contractual principal amounts and for which the fair value option has been elected.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (d)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionAggregateDifferencesLoansAndLongTermReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of long-term debt instruments that have contractual principal amounts and for which the fair value option has been elected.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (d)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionAggregateDifferencesLongTermDebtInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of loans held as assets that are 90 days or more past due for which the fair value option has been elected.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (e)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For loans held as assets for which the fair value option has been elected, this item represents the difference between the aggregate fair value and the aggregate unpaid principal balance of those loans that are 90 days or more past due.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (e)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssets90DaysOrMorePastDueAggregateDifference</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of loans held as assets that are in nonaccrual status for which the fair value option has been elected, if the entity's policy is to recognize interest income separately from other changes in fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (e)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957238&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueOptionLoansHeldAsAssetsAggregateAmountInNonaccrualStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfFairValueOfSeparateAccountsByMajorCategoryOfInvestmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ConsolidatedEntityExcludingVariableInterestEntitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_ResidentialMortgageLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_OtherLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R72.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6682514000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Narrative) (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($) </div>
<div>security</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($) </div>
<div>security</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities', window );">Fair value of securities on deposit with various regulatory authorities</a></td>
<td class="nump">$ 10<span></span>
</td>
<td class="nump">$ 11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
<td class="nump">$ 353<span></span>
</td>
<td class="nump">416<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements', window );">Cash and money market securities pledged as collateral under investment agreements</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition', window );">Weighted average contractual maturity period in years for securities in an unrealized loss position</a></td>
<td class="text">12 years<span></span>
</td>
<td class="text">22 years<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod', window );">Number of securities in unrealized loss position for a continuous 12 month period | security</a></td>
<td class="nump">133<span></span>
</td>
<td class="nump">46<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfSecuritiesBookValueExceededMarketValue', window );">Rate that a security's fair value is below book value</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember', window );">Fair Value Below Book Value Greater Than Five Percent [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod', window );">Number of securities in unrealized loss position for a continuous 12 month period | security</a></td>
<td class="nump">24<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash And Money Market Securities Collateral for Investment Agreements</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_CashAndMoneyMarketSecuritiesCollateralForInvestmentAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair Value Of Securities On Deposit With Various Regulatory Authorities</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure regarding factors used to determine that the impairment of securities not categorized as trading securities (hence equal to available for sale and held to maturity securities) where cost exceeds fair value. This item contains disclosure of the number of investment positions in the investments determined to be temporarily impaired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsForContinuousTwelveMonthPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfSecuritiesBookValueExceededMarketValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage that a security's fair value is below its book value on available-for-sale and held-to-maturity securities. This percentage is used as a severity threshold for disclosing information about securities in an unrealized loss position for a continuous 12 month period or longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfSecuritiesBookValueExceededMarketValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the weighted average contractual maturity period in years for securities in an unrealized loss position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_WeightedAverageContractualMaturityPeriodOfSecuritiesUnrealizedLossPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument held by the entity for its own account (proprietary securities) for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 860<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (b)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=64858031&amp;loc=SL6224234-111729<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 860<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66007379&amp;loc=d3e113888-111728<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R73.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6909438016">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4,438<span></span>
</td>
<td class="nump">$ 5,450<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91<span></span>
</td>
<td class="nump">129<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(148)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,423<span></span>
</td>
<td class="nump">5,431<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(71)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total held-to-maturity, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">890<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total held-to-maturity investments, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-Than-Temporary Impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total held-to-maturity, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">890<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total held-to-maturity investments, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-Than-Temporary Impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember', window );">Money Market Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">179<span></span>
</td>
<td class="nump">517<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">179<span></span>
</td>
<td class="nump">517<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,256<span></span>
</td>
<td class="nump">4,929<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90<span></span>
</td>
<td class="nump">128<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(148)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,240<span></span>
</td>
<td class="nump">4,909<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(71)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total held-to-maturity, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">890<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Total held-to-maturity investments, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">916<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,317<span></span>
</td>
<td class="nump">909<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,345<span></span>
</td>
<td class="nump">929<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | US States And Political Subdivisions [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">840<span></span>
</td>
<td class="nump">1,382<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29<span></span>
</td>
<td class="nump">72<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(15)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">857<span></span>
</td>
<td class="nump">1,439<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Governments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,332<span></span>
</td>
<td class="nump">1,352<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(80)<span></span>
</td>
<td class="num">(102)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,277<span></span>
</td>
<td class="nump">1,270<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(72)<span></span>
</td>
<td class="num">(73)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage-Backed Agency [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">365<span></span>
</td>
<td class="nump">871<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">362<span></span>
</td>
<td class="nump">862<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage-Backed Non-Agency [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35<span></span>
</td>
<td class="nump">50<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="nump">45<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage-Backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66<span></span>
</td>
<td class="nump">41<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66<span></span>
</td>
<td class="nump">41<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset-Backed [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Total available-for-sale, amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">175<span></span>
</td>
<td class="nump">294<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross unrealized gains</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross unrealized losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Total available-for-sale, fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">175<span></span>
</td>
<td class="nump">293<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities', window );">Other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Represents unrealized gains or losses on other than temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AvailableForSaleCumulativeOtherThanTemporaryImpairmentOfSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unrealized gains or losses on other-than-temporarily impaired securities recognized in AOCI, which includes the non-credit component of impairments, as well as all subsequent changes in fair value of such impaired securities reported in AOCI.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_HeldToMaturityCumulativeOtherThanTemporaryImpairmentOfSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of unrealized gain in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of unrealized loss in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized gain on investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_MoneyMarketSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>88
<FILENAME>R74.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6911437568">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total held-to-maturity, amortized cost</a></td>
<td class="nump">$ 890<span></span>
</td>
<td class="nump">$ 890<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">916<span></span>
</td>
<td class="nump">$ 876<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis', window );">Due in one year or less</a></td>
<td class="nump">674<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis', window );">Due after one year through five years</a></td>
<td class="nump">1,157<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis', window );">Due after five years through ten years</a></td>
<td class="nump">601<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis', window );">Due after ten years</a></td>
<td class="nump">1,067<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost', window );">Mortgage-Backed and Asset-Backed</a></td>
<td class="nump">757<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis', window );">Total Available-For-Sale, amortized cost</a></td>
<td class="nump">4,256<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue', window );">Due in one year or less</a></td>
<td class="nump">674<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue', window );">Due after one year through five years</a></td>
<td class="nump">1,159<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue', window );">Due after five years through ten years</a></td>
<td class="nump">540<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue', window );">Due after ten years</a></td>
<td class="nump">1,116<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue', window );">Mortgage-Backed and Asset-Backed</a></td>
<td class="nump">751<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Total Available-For-Sale, fair value</a></td>
<td class="nump">4,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount', window );">Due in one year or less</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount', window );">Due after one year through five years</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount', window );">Due after five years through ten years</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount', window );">Due after ten years</a></td>
<td class="nump">890<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount', window );">Mortgage-Backed and Asset-Backed</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Total held-to-maturity, amortized cost</a></td>
<td class="nump">890<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue', window );">Due in one year or less</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue', window );">Due after one year through five years</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue', window );">Due after five years through ten years</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue', window );">Due after ten years</a></td>
<td class="nump">916<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue', window );">Mortgage-Backed and Asset-Backed</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 916<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the cost of debt securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after adjustments of available-for-sale debt securities at cost, maturing in the next rolling twelve months following the latest balance sheet. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments and fair value hedge accounting adjustments. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of available-for-sale debt securities maturing in the next rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after adjustments of available-for-sale debt securities at cost, maturing after the tenth rolling twelve months following the latest balance sheet. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments, and fair value hedge accounting adjustments. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of available-for-sale debt securities maturing after the tenth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after adjustments of available-for-sale debt securities at cost, maturing in the sixth through tenth rolling twelve months following the latest balance sheet. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments, and fair value hedge accounting adjustments. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of available-for-sale debt securities maturing in the sixth through tenth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after adjustments of available-for-sale debt securities at cost, maturing in the second through fifth rolling twelve months following the latest balance sheet. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings less cumulative-effect adjustments, and fair value hedge accounting adjustments. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of available-for-sale debt securities maturing in the second through fifth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of available-for-sale debt securities at cost, net of adjustments, that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the cost over several maturity groupings. Adjustments include, but are not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized in earnings (less any cumulative-effect adjustments, as defined) and fair value hedge accounting adjustments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27198-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of available-for-sale debt securities at fair value that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the fair value over several maturity groupings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27198-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of debt securities categorized neither as held-to-maturity nor trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)-(g)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62557-112803<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the fifth through tenth fiscal year following the latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the next fiscal year through the fifth fiscal year following the latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing after the tenth fiscal year following the latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)(4)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of held-to-maturity debt securities maturing in the next rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of held-to-maturity debt securities maturing after the tenth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingAfterTenYearsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of held-to-maturity debt securities maturing in the sixth through tenth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of held-to-maturity debt securities maturing in the second through fifth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, maturing in the next fiscal year following the latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6957658&amp;loc=d3e62586-112803<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of held-to-maturity debt securities at fair value that do not have a single maturity date and which the entity has decided to disclose separately rather than allocating the fair value over several maturity groupings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount of debt securities accounted for as held-to-maturity, net of adjustments including, but not limited to, accretion, amortization, collection of cash, previous other-than-temporary impairments (OTTI) recognized, and fair value hedge accounting adjustments, over several maturity groupings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (d),(f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>89
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930241472">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">$ 1,204<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(13)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">617<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(93)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">1,821<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(106)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total held-to-maturity, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total held-to-maturity, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member] | Variable Interest Entity Primary Beneficiary [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total held-to-maturity, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">876<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total held-to-maturity, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember', window );">Perpetual Debt And Equity Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">1,204<span></span>
</td>
<td class="nump">1,872<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(13)<span></span>
</td>
<td class="num">(62)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">617<span></span>
</td>
<td class="nump">300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(93)<span></span>
</td>
<td class="num">(86)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">1,821<span></span>
</td>
<td class="nump">2,172<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(148)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | U S Treasury And Government [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">353<span></span>
</td>
<td class="nump">432<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">124<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(5)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">477<span></span>
</td>
<td class="nump">432<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | US States And Political Subdivisions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">203<span></span>
</td>
<td class="nump">339<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(8)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">116<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">319<span></span>
</td>
<td class="nump">357<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(15)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Foreign Government Debt [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Corporate Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">425<span></span>
</td>
<td class="nump">534<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(29)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">163<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(77)<span></span>
</td>
<td class="num">(73)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">588<span></span>
</td>
<td class="nump">586<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(80)<span></span>
</td>
<td class="num">(102)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Agency [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">105<span></span>
</td>
<td class="nump">436<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">156<span></span>
</td>
<td class="nump">122<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">261<span></span>
</td>
<td class="nump">558<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Residential Mortgage Backed Non Agency [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Commercial Mortgage Backed Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">27<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">32<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Collateralized Debt Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">15<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember', window );">Fixed Maturities [Member] | Other Asset Backed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue', window );">Less than 12 months, fair value</a></td>
<td class="nump">71<span></span>
</td>
<td class="nump">112<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss', window );">Less than 12 months, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue', window );">12 months or longer, fair value</a></td>
<td class="nump">39<span></span>
</td>
<td class="nump">49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss', window );">12 months or longer, unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total available-for-sale, fair value</a></td>
<td class="nump">110<span></span>
</td>
<td class="nump">161<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss', window );">Total available-for-sale, unrealized losses</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="num">$ (3)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for twelve months or longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale in a continuous loss position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt and equity securities classified as available-for-sale that have been in a continuous loss position for less than twelve months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for less than twelve months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of investments in debt and equity securities categorized neither as held-to-maturity nor trading securities that have been in a continuous unrealized loss position for twelve months or longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt securities classified as held-to-maturity that have been in a continuous loss position for twelve months or longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt securities classified as held-to-maturity in a continuous loss position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the fair value of securities categorized as held-to-maturity which are in an unrealized loss position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated unrealized loss on investments in debt securities classified as held-to-maturity that have been in a continuous loss position for less than twelve months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the fair value of securities categorized as held-to-maturity that have been in a continuous unrealized loss position for less than twelve months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the fair value of securities categorized as held-to-maturity securities that have been in a continuous unrealized loss position for twelve months or longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27337-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_PerpetualDebtAndEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=us-gaap_FixedMaturitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>90
<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7035780000">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($) </div>
<div>security</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 4,438<span></span>
</td>
<td class="nump">$ 5,450<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 4,423<span></span>
</td>
<td class="nump">$ 5,431<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember', window );">&gt; 5% To 15% [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember', window );">&gt; 5% To 15% [Member] | Unrealized loss position &gt; 12 months</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position | security</a></td>
<td class="nump">17<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 76<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 71<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position | security</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember', window );">&gt; 15% To 25% [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember', window );">&gt; 15% To 25% [Member] | Unrealized loss position &gt; 12 months</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position | security</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position | security</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember', window );">&gt; 25% To 50% [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMaximum', window );">Percentage Of Fair Value Below Book Value Maximum</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember', window );">&gt; 25% To 50% [Member] | Unrealized loss position &gt; 12 months</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position | security</a></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position | security</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember', window );">&gt; 50% [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFairValueBelowBookValueMinimum', window );">Percentage Of Fair Value Below Book Value Minimum</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember', window );">&gt; 50% [Member] | Unrealized loss position &gt; 12 months</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position | security</a></td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 101<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 29<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position | security</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember', window );">Greater Than 5% [Member] | Unrealized loss position &gt; 12 months</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAbstract', window );"><strong>Available For Sale Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1', window );">Number of available-for-sale securities in unrealized loss position | security</a></td>
<td class="nump">24<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 192<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecurities', window );">Available For Sale Securities</a></td>
<td class="nump">$ 111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract', window );"><strong>Held To Maturity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions', window );">Number of Held-To-Maturity Securities in unrealized loss position | security</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecurities', window );">Held-To-Maturity Securities Amortized Cost</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_HeldToMaturitySecuritiesFairValue', window );">Held-To-Maturity Securities Fair Value</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFairValueBelowBookValueMaximum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage Of Fair Value Below Book Value Maximum</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfFairValueBelowBookValueMaximum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFairValueBelowBookValueMinimum">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage Of Fair Value Below Book Value Minimum</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfFairValueBelowBookValueMinimum</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of investment positions in available-for-sale investments in a continuous unrealized loss position for which an other-than-temporary impairment (OTTI) has not been recognized in the income statement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (b)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after other than temporary impairment (OTTI) accretion, of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of investments in debt securities classified as held-to-maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27232-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure regarding factors used to determine that the impairment of securities categorized as held-to-maturity where cost exceeds fair value is not an other than temporary impairment (OTTI). This item contains disclosure of the number of investment positions in the held-to-maturity investments determined to be temporarily impaired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (b)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HeldToMaturitySecuritiesUnclassifiedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFivePercentToFifteenPercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_UnrealizedLossPositionGreaterThanTwelveMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFifteenPercentToTwentyFivePercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanTwentyFivePercentToFiftyPercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_GreaterThanFiftyPercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_FairValueBelowBookValueGreaterThanFivePercentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6909517616">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">$ 1,821<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember', window );">Wrapped Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">124<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="num">(11)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">49<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">15<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">96<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="num">(7)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">34<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member] | Mbia Corp And National [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">93<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="num">(7)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">34<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember', window );">All Other Securities [Member] | Wrapped Securities [Member] | Other Insurers [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfInvestmentsLineItems', window );"><strong>Schedule Of Investments [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue', window );">Total Available-For-Sale, Fair Value</a></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments', window );">Gross unrealized losses</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes investments insured by MBIA Corp. and National.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Insurance loss reserve estimates are based on the proportion of par value owned to the total amount of par value insured.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated pre-tax unrealized losses before deducting pre-tax unrealized gains on investments in available-for-sale securities impacting investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events by financial guarantor that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_LiabilityForClaimsAndClaimsAdjustmentExpenseInsuredByFinancialGuarantor</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the aggregate fair value of investments in debt and equity securities in an unrealized loss position which are categorized neither as held-to-maturity nor trading securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27290-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfInvestmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfInvestmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialInstrumentAxis=mbi_WrappedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_AssetBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpAndNationalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_MortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=us-gaap_CorporateDebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis=mbi_AllOtherSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_OtherInsurersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_OtherInsurersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R78.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6899854160">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract', window );"><strong>Other than temporary impairment credit lossesfor available for sale securities rollforward [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld', window );">Beginning Balance</a></td>
<td class="nump">$ 29<span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
<td class="nump">$ 16<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment', window );">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Not Previous Impaired</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses', window );">Additions For Credit Loss Impairments Recognized In The Current Period On Securities Previously Impaired</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold', window );">Reductions For Credit Loss Impairments Previously Recognized On Securities Sold During The Period</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus', window );">Reductions For Credit Loss Impairments Previously Recognized On Securities Impaired To Fair Value During The Period</a></td>
<td class="num">(11)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld', window );">Ending Balance</a></td>
<td class="nump">$ 32<span></span>
</td>
<td class="nump">$ 29<span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents an increase to the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which a previous OTTI was recognized and the investor does not intend to sell the debt security and it is not more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents an increase to the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security held for which no such other than temporary impairment (OTTI) was previously recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of credit losses recognized in earnings related to debt securities held for which a portion of an other than temporary impairment (OTTI) was recognized in other comprehensive income (a component of shareholders' equity).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents reductions in the amount of cumulative losses recognized in earnings for other than temporary impairments (OTTI) for which a portion of the impairment had been recognized in other comprehensive income (a component of shareholders' equity) due to a change in status of the impaired security because of a change in the entity's intent to either sell the impaired security or it has become more likely than not that the entity will be required to sell the security before recovery of its cost basis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents reductions in the cumulative amount of credit losses recognized in earnings for an other than temporary impairment (OTTI) of a debt security because of the sale of impaired securities during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R79.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900980352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsAbstract', window );"><strong>Investments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds', window );">Proceeds from sales</a></td>
<td class="nump">$ 2,256<span></span>
</td>
<td class="nump">$ 2,412<span></span>
</td>
<td class="nump">$ 1,145<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract', window );"><strong>Available For Sale Securities Realized Gain Loss [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains', window );">Gross realized gains</a></td>
<td class="nump">40<span></span>
</td>
<td class="nump">84<span></span>
</td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses', window );">Gross realized losses</a></td>
<td class="num">$ (22)<span></span>
</td>
<td class="num">$ (23)<span></span>
</td>
<td class="num">$ (16)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGains">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the gross profit realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGains</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of proceeds received for the sale of securities, categorized neither as held-to-maturity nor trading securities, during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the gross loss realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesGrossRealizedLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>94
<FILENAME>R80.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918457392">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Derivative Instruments (Narrative) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2016 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimCash', window );">Cash collateral posted to derivative counterparties</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
<td class="nump">$ 237<span></span>
</td>
<td class="nump">$ 276<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfCreditSupportAnnexes', window );">Number of credit support annexes</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FairValueOfCreditSupportAnnexes', window );">Fair value of Credit Support Annex</a></td>
<td class="nump">$ 2<span></span>
</td>
<td class="nump">$ 3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FairValueOfCreditSupportAnnexes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FairValueOfCreditSupportAnnexes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfCreditSupportAnnexes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of credit support annexes which define the terms or rules under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from "in the money" derivative positions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NumberOfCreditSupportAnnexes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:positiveIntegerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of right to receive cash collateral under master netting arrangements that have not been offset against derivative liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 55<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=51825145&amp;loc=SL20226016-175313<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (d)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=51824906&amp;loc=SL20225862-175312<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=d3e41678-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 55<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=51825145&amp;loc=SL20226016-175313<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (d)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=51824906&amp;loc=SL20225862-175312<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>95
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6911208352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Derivative Instruments (Credit Derivatives Sold) (Detail) - Insurance Operations [Member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">$ 2,928<span></span>
</td>
<td class="nump">$ 4,043<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">$ (65)<span></span>
</td>
<td class="num">$ (66)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember', window );">Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
<td class="text">1 year<span></span>
</td>
<td class="text">3 years 9 months<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">$ 127<span></span>
</td>
<td class="nump">$ 588<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">$ (63)<span></span>
</td>
<td class="num">$ (64)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember', window );">Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
<td class="text">15 years 6 months<span></span>
</td>
<td class="text">15 years 6 months<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">$ 2,801<span></span>
</td>
<td class="nump">$ 3,035<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">$ (2)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember', window );">Insured Swaps - Held for Sale [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears', window );">Weighted average remaining expected maturity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">14 years 3 months<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">$ 420<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember', window );">Credit Rating Aaa [Member] | Other Credit Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">117<span></span>
</td>
<td class="nump">137<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">117<span></span>
</td>
<td class="nump">137<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember', window );">Credit Rating Aa [Member] | Other Credit Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">1,818<span></span>
</td>
<td class="nump">2,261<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">115<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">1,818<span></span>
</td>
<td class="nump">2,146<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember', window );">Credit Rating A [Member] | Other Credit Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">846<span></span>
</td>
<td class="nump">1,152<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">846<span></span>
</td>
<td class="nump">732<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember', window );">Credit Rating Bbb [Member] | Insured Swaps - Held for Sale [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">420<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">147<span></span>
</td>
<td class="nump">493<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue', window );">Total fair value of credit derivatives</a></td>
<td class="num">(63)<span></span>
</td>
<td class="num">(64)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">127<span></span>
</td>
<td class="nump">473<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember', window );">Credit Rating Below Investment Grade [Member] | Insured Swaps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="nump">$ 20<span></span>
</td>
<td class="nump">$ 20<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_DerivativeNotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Article 12<br> -Section 13<br> -Sentence Column B<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_DerivativeNotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>invest_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted Average Remaining Maturity Credit Derivatives In Years</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_WeightedAverageRemainingMaturityCreditDerivativesInYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>us-types:durationStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of credit risk derivative liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4K<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5708775-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditRiskDerivativeLiabilitiesAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_InsuranceOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_CreditDefaultSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsHeldForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditDerivativesByContractTypeAxis=mbi_InsuredSwapsHeldForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditDerivativesByContractTypeAxis=us-gaap_OtherCreditDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingAaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBbbMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ExternalCreditRatingByGroupingAxis=mbi_CreditRatingBelowInvestmentGradeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7031904832">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail) - Not Designated as Hedging Instrument [Member] - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4,100<span></span>
</td>
<td class="nump">$ 5,675<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember', window );">Derivative Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(269)<span></span>
</td>
<td class="num">(316)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember', window );">Derivative Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">22<span></span>
</td>
<td class="nump">25<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">747<span></span>
</td>
<td class="nump">1,062<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member] | Derivative Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(193)<span></span>
</td>
<td class="num">(213)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember', window );">Interest Rate Swap [Member] | Other Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember', window );">Credit Default Swap [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">127<span></span>
</td>
<td class="nump">588<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember', window );">Credit Default Swap [Member] | Derivative Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(63)<span></span>
</td>
<td class="num">(64)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember', window );">Insured Swaps [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,801<span></span>
</td>
<td class="nump">3,035<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember', window );">Insured Swaps [Member] | Derivative Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember', window );">Interest Rate Swaps V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember', window );">Interest Rate Swaps V I E [Member] | Derivative Liabilities V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember', window );">Interest Rate Swaps V I E [Member] | Derivative Assets V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember', window );">Interest Rate Swaps Embedded [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">305<span></span>
</td>
<td class="nump">376<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember', window );">Interest Rate Swaps Embedded [Member] | Medium Term Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember', window );">Currency Swaps Vie [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">69<span></span>
</td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember', window );">Currency Swaps Vie [Member] | Other Assets V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember', window );">All Other [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">49<span></span>
</td>
<td class="nump">83<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember', window );">All Other [Member] | Derivative Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember', window );">All Other V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember', window );">All Other V I E [Member] | Other Assets V I E [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Assets, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember', window );">All Other Embedded [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember', window );">All Other Embedded [Member] | Derivative Liabilities Other Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue', window );">Derivative Liabilities, Not designated, Fair Value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsHeldForSaleMember', window );">Insured Swaps - Held for Sale [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_DerivativeNotionalAmount', window );">Derivative notional amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 420<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>In accordance with the accounting guidance for derivative instruments and hedging activities, the balance sheet location of the Company's embedded derivative instruments is determined by the location of the related host contract</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_DerivativeNotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate notional amount specified by the derivative(s). Expressed as an absolute value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Article 12<br> -Section 13<br> -Sentence Column B<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_DerivativeNotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>invest_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of derivative Asset Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DerivativeAssetsNotDesignatedAsHedgingInstrumentFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of derivative liability Not Designated As Hedging Instrument, presented on a gross basis even when the derivative instrument is subject to master netting arrangements and qualifies for net presentation in the statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DerivativeLiabilitiesNotDesignatedAsHedgingInstrumentFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=us-gaap_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeAssetsVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsEmbeddedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_OtherAssetsVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_OtherAssetsVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_AllOtherEmbeddedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesOtherInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BalanceSheetLocationAxis=mbi_DerivativeLiabilitiesOtherInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsHeldForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InsuredSwapsHeldForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>97
<FILENAME>R83.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6913396544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="num">$ (68)<span></span>
</td>
<td class="num">$ (15)<span></span>
</td>
<td class="nump">$ 69<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember', window );">Unrealized Gains Losses On Insured Derivatives [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember', window );">Realized Gains Losses And Other Settlements On Insured Derivatives [Member] | Credit Default Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="num">(51)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
<td class="num">(28)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | Interest Rate Swap [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="nump">3<span></span>
</td>
<td class="num">(11)<span></span>
</td>
<td class="num">(108)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember', window );">Foreign Exchange And Other Derivative Financial Instruments [Member] | All Other [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="num">(19)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | Interest Rate Swaps V I E [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="nump">31<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember', window );">Foreign Exchange And Other Derivative Financial Instruments Attributable To V I E [Member] | Currency Swaps Vie [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeLineItems', window );"><strong>Derivative [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeGainLossOnDerivativeNet', window );">Net gain/(loss) recognized in income</a></td>
<td class="num">$ (1)<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeGainLossOnDerivativeNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in the fair value of derivatives recognized in the income statement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4A<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5618551-113959<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4C<br> -Subparagraph (a),(c),(d),(e)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5624171-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeGainLossOnDerivativeNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_UnrealizedGainsLossesOnInsuredDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CreditDefaultSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_RealizedGainsLossesAndOtherSettlementsOnInsuredDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=us-gaap_ForeignExchangeAndOtherDerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherCreditDerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeStatementLocationAxis=mbi_ForeignExchangeAndOtherDerivativeFinancialInstrumentsAttributableToVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_InterestRateSwapsVIEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=mbi_CurrencySwapsVieMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>98
<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6908903776">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Debt (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jan. 20, 2017</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember', window );">MBIA Inc Senior Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember', window );">MBIA Corp Surplus Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateTerms', window );">Interest rate terms</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Contractual interest rate is based on the three month LIBOR plus 11.26%. Callable on or after January 15, 2023 and every fifth anniversary thereafter at par.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentRepurchaseAmount', window );">Repurchase of MTNs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 160<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtWeightedAverageInterestRate', window );">Weighted average interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2.90%<span></span>
</td>
<td class="nump">2.43%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentRepurchasedPercentOfParValue', window );">Percent of par</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">84.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember', window );">Investment Agreement Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtWeightedAverageInterestRate', window );">Weighted average interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5.75%<span></span>
</td>
<td class="nump">5.66%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember', window );">MBIA Corp Financing Facility [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="nump">14.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentMaturityDate', window );">Long-term debt, maturity date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Jan. 20,  2020<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts', window );">Commitment fees</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember', window );">MBIA Corp Financing Facility [Member] | Initial [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt</a></td>
<td class="nump">$ 366<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt', window );">Proceeds from subordinated financing</a></td>
<td class="nump">$ 38<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember', window );">MBIA Corp Financing Facility [Member] | Outstanding [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">330<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt', window );">Proceeds from subordinated financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">38<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member] | MBIA Inc Senior Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SeniorNotesOwnedAtParValue', window );">Senior notes owned at par value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">54<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">Mbia Inc [Member] | MBIA Corp Surplus Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SurplusNotesOwnedAtParValue', window );">Surplus notes owned at par value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalMember', window );">National [Member] | MBIA Inc Senior Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SeniorNotesOwnedAtParValue', window );">Senior notes owned at par value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">264<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SeniorNotesPurchasedAtParValue', window );">Senior notes purchased at par value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">Mbia Corp [Member] | Undrawn [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt', window );">Proceeds from subordinated financing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember', window );">Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtWeightedAverageInterestRate', window );">Weighted average interest rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6.01%<span></span>
</td>
<td class="nump">2.25%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member] | Medium Term Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">6.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member] | Investment Agreement Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6.88%<span></span>
</td>
<td class="nump">6.89%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member] | Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14.00%<span></span>
</td>
<td class="nump">2.77%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member] | Medium Term Notes [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member] | Investment Agreement Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.74%<span></span>
</td>
<td class="nump">4.48%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member] | Variable Interest Entity [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Debt Instrument Interest Rate Stated Percentage</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.85%<span></span>
</td>
<td class="nump">1.07%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentMaturityYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Debt instrument maturity year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentMaturityYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentRepurchasedPercentOfParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Debt instruments repurchased weighted average percent of par value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentRepurchasedPercentOfParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SeniorNotesOwnedAtParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Par value of MBIA Inc. senior notes owned as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SeniorNotesOwnedAtParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SeniorNotesPurchasedAtParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Senior Notes purchased at par value during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SeniorNotesPurchasedAtParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SurplusNotesOwnedAtParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Surplus Notes owned at par value as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SurplusNotesOwnedAtParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contractual interest rate for funds borrowed, under the debt agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentMaturityDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentMaturityDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentRepurchaseAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value amount of debt instrument that was repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentRepurchaseAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the charge against earnings during the period for commitment fees and debt issuance expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtWeightedAverageInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average interest rate of debt outstanding.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtWeightedAverageInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a borrowing where a lender is placed in a lien position behind debt having a higher priority of repayment (senior) in liquidation of the entity's assets or underlying collateral.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfSubordinatedLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaCorpSurplusNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=mbi_InvestmentAgreementObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MBIACorpFinancingFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=mbi_InitialMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=mbi_InitialMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=mbi_OutstandingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=mbi_OutstandingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CreditFacilityAxis=mbi_UndrawnMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CreditFacilityAxis=mbi_UndrawnMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>99
<FILENAME>R85.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7050043296">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Debt (Long-Term Debt) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 624<span></span>
</td>
<td class="nump">$ 506<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_Issuancecostsdebt', window );">Debt issuance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16)<span></span>
</td>
<td class="num">(34)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,121<span></span>
</td>
<td class="nump">1,986<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember', window );">6.400% Senior Notes Due 2022 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 265<span></span>
</td>
<td class="nump">266<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCallDateEarliest', window );">Initial Callable date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Aug. 15,  2006<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember', window );">7.000% Debentures Due 2025 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 46<span></span>
</td>
<td class="nump">46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember', window );">7.150% Debentures Due 2027 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 100<span></span>
</td>
<td class="nump">100<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.15%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember', window );">6.625% Debentures Due 2028 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 141<span></span>
</td>
<td class="nump">141<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6.625%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember', window );">5.700% Senior Notes Due 2034 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Long-term debt, gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 21<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember', window );">Surplus Notes Due 2033 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SurplusNotes', window );">Surplus notes outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">$ 940<span></span>
</td>
<td class="nump">$ 940<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2033<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentCallDateForFirstFifthAnniversary', window );">Callable date for fifth anniversary of initial callable date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Jan. 15,  2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember', window );">MBIA Inc Senior Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateStatedPercentage', window );">Long-term debt, interest rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Long-term debt, maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Callable on or after August 15, 2006 at par.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Callable anytime at the greater of par or the present value of the remaining scheduled  payments of principal and interest.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Contractual interest rate is based on three month LIBOR plus 11.26%</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentCallDateForFirstFifthAnniversary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Debt instrument, call date for first fifth anniversary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentCallDateForFirstFifthAnniversary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>invest:dateStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentMaturityYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Debt instrument maturity year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentMaturityYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_Issuancecostsdebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>As of the balance sheet date, amount of unamortized debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_Issuancecostsdebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCallDateEarliest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Earliest date before maturity when the issuer can call the outstanding debt instrument for repayment or conversion to equity, in CCYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 470<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=6479336&amp;loc=d3e64711-112823<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCallDateEarliest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateStatedPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contractual interest rate for funds borrowed, under the debt agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateStatedPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPayableCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of interest payable on debt, including, but not limited to, trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.15(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPayableCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SurplusNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Financial instruments issued by insurance entities (surplus notes) that are includable in surplus for statutory accounting purposes as prescribed or permitted by state laws and regulations that are liabilities of the issuer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 470<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486086&amp;loc=d3e24387-158525<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SurplusNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SixPointFourZeroZeroPercentageSeniorNotesDueTwoThousandTwentyTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SevenPointZeroZeroZeroPercentageDebenturesDueTwoThousandTwentyFiveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SevenPointOneFiveZeroPercentageDebenturesDueTwoThousandTwentySevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SixPointSixTwoFivePercentageDebenturesDuetwothousandtwentyEightMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_FivePointSevenZeroZeroPercentageSeniorNotesDueTwoThousandThirtyFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_MbiaIncSeniorNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>100
<FILENAME>R86.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6908079408">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Debt (Aggregate Maturity Of Debt Obligations) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="nump">$ 265<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="nump">1,248<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="nump">1,513<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember', window );">Corporate Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="nump">265<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="nump">308<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="nump">573<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember', window );">Surplus Notes Due 2033 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="nump">940<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="nump">$ 940<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_SurplusNotesDueTwoThousandThirtyThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>101
<FILENAME>R87.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6912781760">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 265<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,248<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,513<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">624<span></span>
</td>
<td class="nump">$ 506<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember', window );">Investment Agreement Obligations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2018</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2019</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2020</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2021</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">328<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">393<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest', window );">Less discount and other adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">56<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">337<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentUnamortizedDiscount', window );">Less unamortized discount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Latest maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2037<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember', window );">Medium Term Notes [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2018</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 36<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2019</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2020</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2021</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">121<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">847<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,065<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest', window );">Less discount and other adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">765<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentUnamortizedDiscount', window );">Less unamortized discount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPayableCurrentAndNoncurrent', window );">Accrued interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentFairValueAdjustment', window );">Fair value adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 65<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Latest maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2036<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember', window );">Variable Interest Entity Debt [Member] | International And Structured Finance Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2018</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 203<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2019</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">147<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2020</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">485<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2021</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">132<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive', window );">2022</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive', window );">Thereafter</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,206<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Total expected principal payments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">2,289<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Net fair value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DebtInstrumentMaturityYear', window );">Latest maturity year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">2052<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Amounts reflect principal due at maturity for investment agreements issued at a discount.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Includes discounts net of carrying amount adjustments of $66 million, net of accrued interest of $5 million.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Amounts reflect principal due at maturity for notes issued at a discount.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>Includes discounts net of carrying amount adjustments and embedded derivatives of $279 million, fair value adjustments of $57 million, net of accrued interest of $3 million.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><div>Includes $1.1 billion of VIE notes accounted for at fair value as of December 31, 2016.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentFairValueAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentFairValueAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DebtInstrumentMaturityYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Debt instrument maturity year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DebtInstrumentMaturityYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Discounts net of fair value adjustments and accrued interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DiscountsNetOfFairValueAdjustmentsAndAccruedInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13433-108611<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=73719730&amp;loc=d3e13476-108611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentUnamortizedDiscount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after accumulated amortization, of debt discount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1A<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28541-108399<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=64930739&amp;loc=d3e28878-108400<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentUnamortizedDiscount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPayableCurrentAndNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of interest payable on debt, including, but not limited to, trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.15(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPayableCurrentAndNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6802200&amp;loc=d3e1835-112601<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_InvestmentAgreementObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=us-gaap_MediumTermNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentAxis=mbi_VariableInterestEntityDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>102
<FILENAME>R88.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901745712">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jan. 01, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NonVariableInterestEntitiesLineItems', window );"><strong>Non Variable Interest Entities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal statutory rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount', window );">Valuation Allowance Deferred Tax Asset Change In Amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwards', window );">NOL carryforward</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther', window );">Alternative minimum tax credit carryforward - Other assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign', window );">Foreign tax credit</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">62<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized Tax Benefits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance on net deferred tax asset</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 770<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember', window );">SubsequentEvent [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NonVariableInterestEntitiesLineItems', window );"><strong>Non Variable Interest Entities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TaxCutsAndJobsActTaxRate', window );">New federal corporate tax rate</a></td>
<td class="nump">21.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember', window );">Other Liabilities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NonVariableInterestEntitiesLineItems', window );"><strong>Non Variable Interest Entities [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilities', window );">Non U.S. deferred tax liability</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 36<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NonVariableInterestEntitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Non-Variable Interest Entities [Line Items]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NonVariableInterestEntitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TaxCutsAndJobsActTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_TaxCutsAndJobsActTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign tax credit carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible tax credit carryforwards, classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e31931-109318<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLossCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLossCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnrecognizedTaxBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unrecognized tax benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=SL6600010-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Unrecognized Tax Benefit<br> -URI http://asc.fasb.org/extlink&amp;oid=6527854<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnrecognizedTaxBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=75116654&amp;loc=d3e32123-109318<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ValuationAllowanceDeferredTaxAssetChangeInAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=us-gaap_OtherCurrentLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R89.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900998624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract', window );"><strong>Disclosure Income Taxes Income Taxes And Related Effective Tax Rates [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">$ (661)<span></span>
</td>
<td class="num">$ (339)<span></span>
</td>
<td class="nump">$ 289<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">$ 944<span></span>
</td>
<td class="num">$ (1)<span></span>
</td>
<td class="nump">$ 109<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) [Abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R90.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6736060656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Income before Income Taxes) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">$ (661)<span></span>
</td>
<td class="num">$ (339)<span></span>
</td>
<td class="nump">$ 289<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember', window );">Domestic [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">(638)<span></span>
</td>
<td class="num">(362)<span></span>
</td>
<td class="nump">303<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember', window );">Foreign [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">$ (23)<span></span>
</td>
<td class="nump">$ 23<span></span>
</td>
<td class="num">$ (14)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncomeBeforeIncomeTaxesAxis=mbi_DomesticMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncomeBeforeIncomeTaxesAxis=mbi_ForeignMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>105
<FILENAME>R91.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6929520592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Income Taxes and Shareholders' Equity) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current taxes:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentFederalTaxExpenseBenefit', window );">Federal</a></td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentStateAndLocalTaxExpenseBenefit', window );">State</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentForeignTaxExpenseBenefit', window );">Foreign</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred taxes:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit', window );">Federal</a></td>
<td class="nump">945<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="nump">97<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredForeignIncomeTaxExpenseBenefit', window );">Foreign</a></td>
<td class="num">(5)<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">944<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract', window );"><strong>Income tax effects allocated directly to equity [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInUnrealizedGainLossOnInvestments', window );">Change in unrealized gains and losses on AFS securities</a></td>
<td class="num">(1)<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="num">(30)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent', window );">Change in AFS securities with OTTI</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax', window );">Change in foreign currency translation</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost', window );">Share-based compensation</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity', window );">Total income taxes charged (credited) to shareholders' equity</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="num">(35)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation', window );">Total effect of income taxes</a></td>
<td class="nump">$ 965<span></span>
</td>
<td class="nump">$ 13<span></span>
</td>
<td class="nump">$ 74<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInUnrealizedGainLossOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in unrealizedGainLossOnInvestments</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ChangeInUnrealizedGainLossOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentFederalTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Current Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentFederalTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentForeignTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentForeignTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentStateAndLocalTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Current Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentStateAndLocalTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=63044130<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredForeignIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=63044130<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredForeignIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum of the tax effects of all items occurring during the period that have been charged or credited directly to other comprehensive income or to related components of shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e39076-109324<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32672-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -Subparagraph (d),(e)<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e38679-109324<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income tax expense (benefit) for continuing operations, discontinued operations, other comprehensive income, and items charged (credited) directly to shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e38679-109324<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible equity-based compensation costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit), after reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax (expense) benefit of other than temporary impairment loss (OTTI) on investments in available-for-sale and held-to-maturity debt securities, recognized in other comprehensive loss and attributable to parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 35<br> -Paragraph 34D<br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=SL6284304-111560<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>106
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900844528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income Taxes (Income Tax Rate Reconciliation) (Detail)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract', window );"><strong>Effective income tax rate continuing operations tax rate reconciliation [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Federal income tax computed at the statutory rate</a></td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract', window );"><strong>Increase (reduction) in taxes resulting from: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate', window );">Tax reform/change in tax rate</a></td>
<td class="num">(71.40%)<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants', window );">Mark-to-market on warrants</a></td>
<td class="nump">1.40%<span></span>
</td>
<td class="num">(1.50%)<span></span>
</td>
<td class="num">(1.20%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance', window );">Change in valuation allowance</a></td>
<td class="num">(116.90%)<span></span>
</td>
<td class="num">(2.20%)<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment', window );">Tax return and deferred inventory adjustments</a></td>
<td class="nump">0.80%<span></span>
</td>
<td class="nump">3.60%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential', window );">Foreign taxes</a></td>
<td class="nump">8.20%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost', window );">Non deductible compensation</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="num">(1.40%)<span></span>
</td>
<td class="nump">2.70%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings', window );">Basis difference in foreign subsidiary</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="num">(33.00%)<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments', window );">Other</a></td>
<td class="nump">0.10%<span></span>
</td>
<td class="num">(0.30%)<span></span>
</td>
<td class="nump">1.20%<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations', window );">Effective tax rate</a></td>
<td class="num">(142.80%)<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
<td class="nump">37.70%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the difference between the federal statutory and effective tax rate attributable to the deferred tax inventory adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EffectiveIncomeTaxRateReconciliationDeferredTaxInventoryAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EffectiveIncomeTaxRateReconciliationIncreaseReductionInTaxRatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the difference between the federal statutory and effective tax rate attributable to the mark-to-market on warrants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EffectiveIncomeTaxRateReconciliationMarkToMarketOnWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateContinuingOperationsTaxRateReconciliationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the valuation allowance for deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to changes in the income tax rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations applicable to statutory income tax expense (benefit) outside of the country of domicile.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to equity-based compensation costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other adjustments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to the repatriation of foreign earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32698-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901952064">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesAbstract', window );"><strong>Deferred tax liabilities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue', window );">Unearned premium reserve</a></td>
<td class="nump">$ 75<span></span>
</td>
<td class="nump">$ 143<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome', window );">Deferral of cancellation of indebtedness income</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">46<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost', window );">Deferred acquisition costs</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">42<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome', window );">Net unrealized gains in accumulated other comprehensive income</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesInvestments', window );">Partnership basis difference</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings', window );">Basis difference in foreign subsidiaries</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">64<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxLiabilitiesVariableInterestEntities', window );">Net deferred taxes on VIEs</a></td>
<td class="nump">38<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOther', window );">Other</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxLiabilities', window );">Total gross deferred tax liabilities</a></td>
<td class="nump">160<span></span>
</td>
<td class="nump">362<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGrossAbstract', window );"><strong>Deferred tax assets [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits', window );">Compensation and employee benefits</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities', window );">Accrued interest</a></td>
<td class="nump">131<span></span>
</td>
<td class="nump">177<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves', window );">Loss and loss adjustment expense reserves</a></td>
<td class="nump">87<span></span>
</td>
<td class="nump">142<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards', window );">Net operating loss</a></td>
<td class="nump">582<span></span>
</td>
<td class="nump">929<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign', window );">Foreign tax credit</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments', window );">Capital loss carryforward and other-than-temporary impairments</a></td>
<td class="nump">22<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DeferredTaxAssetsInsuredDerivatives', window );">Net unrealized losses on insured derivatives</a></td>
<td class="nump">14<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsDerivativeInstruments', window );">Net losses on financial instruments at fair value and foreign exchange</a></td>
<td class="nump">13<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss', window );">Net unrealized losses in accumulated other comprehensive income</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax', window );">Alternative minimum tax credit carryforward</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOther', window );">Other</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsGross', window );">Total gross deferred tax assets</a></td>
<td class="nump">930<span></span>
</td>
<td class="nump">1,339<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsValuationAllowance', window );">Valuation allowance</a></td>
<td class="nump">770<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsLiabilitiesNet', window );">Net deferred tax asset</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 970<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents deferred tax assets on capital loss carryforwards and other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxAssetsCapitalLossCarryforwardsAndOtherThanTemporaryImpairments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsInsuredDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the dererred tax assets on insured derivatives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxAssetsInsuredDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This elements represents deferred tax assets on net operating loss and tax credit carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxAssetsNolsAndTaxCreditCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxLiabilitiesDeferralOfCodIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the deferred tax liabilities on the cancellation of indebtedness income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxLiabilitiesDeferralOfCodIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax liability attributable to deductible temporary differences from the unearned premiums reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxLiabilitiesUnearnedPremiumRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DeferredTaxLiabilitiesVariableInterestEntities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the deferred tax liabilities related to variable interest entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DeferredTaxLiabilitiesVariableInterestEntities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(15)(b)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(15)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Liability<br> -URI http://asc.fasb.org/extlink&amp;oid=6510232<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(26)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(26)(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsDerivativeInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from derivative instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsDerivativeInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Asset<br> -URI http://asc.fasb.org/extlink&amp;oid=6510090<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsGrossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsGrossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsLiabilitiesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsLiabilitiesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsOtherComprehensiveLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from unrealized losses in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e39076-109324<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOtherComprehensiveLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible alternative minimum tax credit carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Alternative Minimum Tax<br> -URI http://asc.fasb.org/extlink&amp;oid=6504908<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible foreign tax credit carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32559-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsForeign</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from compensation and benefits costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from loss reserves other than estimated credit losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsValuationAllowance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsValuationAllowance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount as of the balance sheet date of the estimated future tax effects attributable to policy acquisition costs being expensed for tax purposes but capitalized in conformity with generally accepted accounting principles, which will reverse in future periods when amortization of such capitalized costs cannot be deducted for tax purposes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from investments (excludes investments in subsidiaries and equity method investments).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 11<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65896914&amp;loc=d3e39076-109324<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from undistributed earnings of subsidiaries and other recognized entities not within the country of domicile of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 25<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68052875&amp;loc=d3e28680-109314<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32621-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>108
<FILENAME>R94.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6918199840">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Narrative) (Detail)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2017 </div>
<div>segments</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract', window );"><strong>Disclosure Business Segments Summary Of Companys Segment Results [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NumberOfOperatingSegments', window );">Number of operating segments</a></td>
<td class="nump">3<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure - Business Segments (Summary Of Company's Segment Results) [Abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NumberOfOperatingSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NumberOfOperatingSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>109
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930114352">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2016</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 370<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 480<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 530<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(51)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(19)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">129<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">63<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(282)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">128<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">433<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">294<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">853<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">683<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">123<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">129<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">190<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">197<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">197<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">199<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpensesOfConsolidatedVies', window );">Expenses of consolidated VIEs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">85<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">39<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,094<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">564<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(661)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(339)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">289<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">109<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(338)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">180<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,095<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,137<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">499<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | U S Public Finance Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">262<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">335<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">389<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">72<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">23<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">34<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">200<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">427<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">423<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">499<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">74<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">40<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">38<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">72<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">69<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">89<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">607<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">183<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">132<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(407)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">244<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">291<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(152)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">100<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(255)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">176<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">191<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,582<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,077<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,265<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | Corporate Operations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">24<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(32)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">21<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">60<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">67<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">82<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">67<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">169<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">59<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">80<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">79<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">81<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">91<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">97<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">151<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">175<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">183<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(108)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(14)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">556<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(15)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(625)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(93)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,312<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,479<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,599<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember', window );">Operating Segments [Member] | International And Structured Finance Insurance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenueOtherFinancialServices', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">78<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">121<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax', window );">Net change in fair value of insured derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(51)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(19)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">129<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(9)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(279)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenuesOfConsolidatedVies', window );">Revenues of consolidated VIEs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">128<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">44<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">51<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">63<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">278<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">425<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet', window );">Losses and loss adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">184<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">146<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">118<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SellingGeneralAndAdministrativeExpense', window );">Operating</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">57<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">73<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">106<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">102<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpensesOfConsolidatedVies', window );">Expenses of consolidated VIEs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">85<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">39<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">52<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">466<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">400<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">409<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(188)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(469)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,143<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(52)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,331)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(417)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,404<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,486<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,870<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember', window );">Intersegment Elimination [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(127)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(131)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(164)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(127)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(131)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(164)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity', window );">Inter-segment expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(130)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(125)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(160)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BenefitsLossesAndExpenses', window );">Total expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(130)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(125)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(160)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(603)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">606<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Identifiable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (2,203)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">$ (2,905)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">$ (2,898)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr><td colspan="8"></td></tr>
<tr><td colspan="8"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Represents the sum of third-party financial guarantee net premiums earned, net investment income, insurance-related fees and reimbursements and other fees.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Represents intercompany premium income and expense and intercompany interest income and expense pertaining to intercompany receivables and payables.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Consists of intercompany reinsurance balances and repurchase agreements.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>Consists of intercompany deferred income taxes, reinsurance balances and repurchase agreements.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Intersegmentexpenses in the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ExpenseFromTransactionsWithOtherOperatingSegmentsOfSameEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ExpensesOfConsolidatedVies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total expenses of all Variable Interest Entities consolidated by the reporting entity</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ExpensesOfConsolidatedVies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Intersegment revenues in the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_RevenueFromTransactionsWithOtherOperatingSegmentsOfSameEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_RevenuesOfConsolidatedVies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total revenues of all Variable Interest Entities consolidated by the reporting entity</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_RevenuesOfConsolidatedVies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BenefitsLossesAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount of expense recognized during the period for future policy benefits, claims and claims adjustment costs, and for selling, general and administrative costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5,6,7)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BenefitsLossesAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnDerivativeInstrumentsNetPretax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate net gain (loss) on all derivative instruments recognized in earnings during the period, before tax effects.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4A<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64837297&amp;loc=SL5618551-113959<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnDerivativeInstrumentsNetPretax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12317-112629<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12355-112629<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue and income classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PolicyholderBenefitsAndClaimsIncurredNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after effects of policies assumed or ceded, of expense related to the provision for policy benefits and costs incurred.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.5)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6811-158387<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PolicyholderBenefitsAndClaimsIncurredNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueOtherFinancialServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of fee and financial service revenue classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1(d))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenueOtherFinancialServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SellingGeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 330<br> -SubTopic 10<br> -Section 30<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=68048583&amp;loc=d3e3636-108311<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SellingGeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_CorporateOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6913280880">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">$ 202<span></span>
</td>
<td class="nump">$ 304<span></span>
</td>
<td class="nump">$ 385<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">United States [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">169<span></span>
</td>
<td class="nump">238<span></span>
</td>
<td class="nump">310<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_GB', window );">United Kingdom [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">27<span></span>
</td>
<td class="nump">30<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember', window );">Europe Excluding United Kingdom [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember', window );">Internationally Diversified [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_OtherAmericasMember', window );">Other Americas [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">26<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember', window );">Asia [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember', window );">Other [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SegmentReportingInformationLineItems', window );"><strong>Segment Reporting Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives', window );">Total premiums earned</a></td>
<td class="nump">$ 3<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 6<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Premiums Earned Net Financial Guarantee Insurance Contracts And Insured Derivatives</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PremiumsEarnedNetFinancialGuaranteeInsuranceContractsAndInsuredDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SegmentReportingInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SegmentReportingInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_GB">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_GB</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_EuropeExcludingUnitedKingdomMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_OtherAmericasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_OtherAmericasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=us-gaap_AsiaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_OtherLocationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R97.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7035018496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance in Force (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates', window );">Transactions guaranteed by MBIA on behalf of affiliated companies</a></td>
<td class="nump">$ 2,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers', window );">Aggregate amount of insurance in force ceded to reinsurers</a></td>
<td class="nump">5,100<span></span>
</td>
<td class="nump">$ 7,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate amount of insured par outstanding ceded to reinsurers</a></td>
<td class="nump">2,724<span></span>
</td>
<td class="nump">4,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceRecoveries', window );">Recoveries received on claims for financial guarantee policies under reinsurance contracts</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FeesAndCommissionsOther', window );">Ceding commissions from reinsurance</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">154,900<span></span>
</td>
<td class="nump">235,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="nump">87,000<span></span>
</td>
<td class="nump">141,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember', window );">U S Public Finance Insurance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate amount of insured par outstanding ceded to reinsurers</a></td>
<td class="nump">2,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember', window );">Structured Finance And International Insurance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate amount of insured par outstanding ceded to reinsurers</a></td>
<td class="nump">$ 593<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaUkMember', window );">MBIA UK [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers', window );">Aggregate amount of insurance in force ceded to reinsurers</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">267<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceExpectedMaturityRangeYears', window );">Insurance in force, expected maturity range, years</a></td>
<td class="text">1 year<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MinimumMember', window );">Minimum [Member] | Investment agreements, MTNs and other affiliated contracts [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FutureGuaranteePaymentsMaturityRange', window );">Future guarantee payments, maturity range, (years)</a></td>
<td class="text">1 year<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceInForceExpectedMaturityRangeYears', window );">Insurance in force, expected maturity range, years</a></td>
<td class="text">40 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RangeAxis=us-gaap_MaximumMember', window );">Maximum [Member] | Investment agreements, MTNs and other affiliated contracts [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsLineItems', window );"><strong>Guarantor Obligations [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_FutureGuaranteePaymentsMaturityRange', window );">Future guarantee payments, maturity range, (years)</a></td>
<td class="text">20 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate Amount Of Insurance In Force Outstanding Ceded To Reinsurers</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AggregateAmountInsuranceInForceOutstandingCededToReinsurers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate amount of insured par outstanding ceded to reinsurers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_FutureGuaranteePaymentsMaturityRange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Future Guarantee Payments Maturity Range</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_FutureGuaranteePaymentsMaturityRange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceInForceExpectedMaturityRangeYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance in force, expected maturity range</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceInForceExpectedMaturityRangeYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of insured contractual payments (principal and interest) outstanding on the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the outstanding principal amounts of the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Transactions guaranteed on behalf of various affiliates</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_TransactionsGuaranteedOnBehalfOfVariousAffiliates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FeesAndCommissionsOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of fee and commission revenue classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FeesAndCommissionsOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recovered from insurance. These recoveries reduce costs and losses that are reported as a separate line item under operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.3)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsuranceRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_USPublicFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementBusinessSegmentsAxis=mbi_InternationalAndStructuredFinanceInsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaUkMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaUkMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_InvestmentAgreementsMtnsAndOtherAffiliatedContractsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>112
<FILENAME>R98.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6914000672">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail) - USD ($)<br> $ in Billions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 154.9<span></span>
</td>
<td class="nump">$ 235.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_CA', window );">California [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 30.3<span></span>
</td>
<td class="nump">$ 42.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">19.60%<span></span>
</td>
<td class="nump">18.10%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_IL', window );">Illinois [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 13.1<span></span>
</td>
<td class="nump">$ 15.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">8.50%<span></span>
</td>
<td class="nump">6.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_NY', window );">New York [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 9.3<span></span>
</td>
<td class="nump">$ 16.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">6.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_PR', window );">Puerto Rico [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 8.2<span></span>
</td>
<td class="nump">$ 8.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="nump">3.60%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_NJ', window );">New Jersey [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 7.6<span></span>
</td>
<td class="nump">$ 11.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">4.90%<span></span>
</td>
<td class="nump">4.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_TX', window );">Texas [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 6.1<span></span>
</td>
<td class="nump">$ 9.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">3.90%<span></span>
</td>
<td class="nump">3.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_HI', window );">Hawaii [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 4.5<span></span>
</td>
<td class="nump">$ 5.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">2.90%<span></span>
</td>
<td class="nump">2.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_VA', window );">Virginia [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 4.2<span></span>
</td>
<td class="nump">$ 5.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">2.70%<span></span>
</td>
<td class="nump">2.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_FL', window );">Florida [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 3.8<span></span>
</td>
<td class="nump">$ 8.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">2.50%<span></span>
</td>
<td class="nump">3.70%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=stpr_OR', window );">Oregon [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 3.6<span></span>
</td>
<td class="nump">$ 4.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">2.30%<span></span>
</td>
<td class="nump">1.80%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember', window );">Sub-Total Insurance In Force [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 90.7<span></span>
</td>
<td class="nump">$ 127.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">58.60%<span></span>
</td>
<td class="nump">53.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember', window );">Nationally Diversified [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 15.7<span></span>
</td>
<td class="nump">$ 20.4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">10.10%<span></span>
</td>
<td class="nump">8.60%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember', window );">Other States [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 37.0<span></span>
</td>
<td class="nump">$ 57.9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">23.90%<span></span>
</td>
<td class="nump">24.60%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">United States [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 143.4<span></span>
</td>
<td class="nump">$ 205.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">92.60%<span></span>
</td>
<td class="nump">87.10%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember', window );">Internationally Diversified [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 0.4<span></span>
</td>
<td class="nump">$ 0.5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">0.30%<span></span>
</td>
<td class="nump">0.20%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember', window );">Country Specific [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 11.1<span></span>
</td>
<td class="nump">$ 29.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">7.10%<span></span>
</td>
<td class="nump">12.70%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember', window );">Non-United States [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="nump">$ 11.5<span></span>
</td>
<td class="nump">$ 30.4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations', window );">% of Insurance in Force</a></td>
<td class="nump">7.40%<span></span>
</td>
<td class="nump">12.90%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the gross outstanding insured contractual payments for each caterory as a percentage of the total outstanding insured contractual payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsInsuredContractualPaymentsAsPercentageOfTotalInsuredContractualObligations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of insured contractual payments (principal and interest) outstanding on the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_CA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_CA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_IL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_IL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_NY">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_NY</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_PR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_PR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_NJ">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_NJ</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_TX">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_TX</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_HI">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_HI</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_VA">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_VA</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_FL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_FL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=stpr_OR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=stpr_OR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_SubTotalInsuranceInForceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NationallyDiversifiedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_OtherStatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_InternationallyDiversifiedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_CountrySpecificMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>113
<FILENAME>R99.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6908695440">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services And Other Affiliated Companies) (Detail) - USD ($)<br> $ in Billions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 154.9<span></span>
</td>
<td class="nump">$ 235.9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.0<span></span>
</td>
<td class="nump">141.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=country_US', window );">U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">143.4<span></span>
</td>
<td class="nump">205.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember', window );">Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11.5<span></span>
</td>
<td class="nump">30.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">144.2<span></span>
</td>
<td class="nump">220.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79.7<span></span>
</td>
<td class="nump">129.8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">134.0<span></span>
</td>
<td class="nump">191.5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71.9<span></span>
</td>
<td class="nump">110.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember', window );">Global Public Finance [Member] | Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10.2<span></span>
</td>
<td class="nump">28.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.8<span></span>
</td>
<td class="nump">19.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember', window );">Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10.7<span></span>
</td>
<td class="nump">15.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.3<span></span>
</td>
<td class="nump">11.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember', window );">General Obligation [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">42.8<span></span>
</td>
<td class="nump">64.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">22.9<span></span>
</td>
<td class="nump">38.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember', window );">General Obligation - Lease [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5.1<span></span>
</td>
<td class="nump">12.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.8<span></span>
</td>
<td class="nump">8.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember', window );">Municipal Utilities [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17.7<span></span>
</td>
<td class="nump">26.1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11.8<span></span>
</td>
<td class="nump">17.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember', window );">Tax-Backed [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26.5<span></span>
</td>
<td class="nump">33.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12.4<span></span>
</td>
<td class="nump">16.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember', window );">Transportation [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15.2<span></span>
</td>
<td class="nump">21.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6.9<span></span>
</td>
<td class="nump">11.1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember', window );">Transportation [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4.5<span></span>
</td>
<td class="nump">7.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">5.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember', window );">Higher Education [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.2<span></span>
</td>
<td class="nump">6.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2.1<span></span>
</td>
<td class="nump">4.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember', window );">Health Care [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2.6<span></span>
</td>
<td class="nump">4.2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1.8<span></span>
</td>
<td class="nump">2.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember', window );">Military Housing [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16.3<span></span>
</td>
<td class="nump">16.8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.3<span></span>
</td>
<td class="nump">7.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember', window );">Investor-Owned Utilities [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3.1<span></span>
</td>
<td class="nump">3.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2.0<span></span>
</td>
<td class="nump">2.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember', window );">Municipal Housing [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.4<span></span>
</td>
<td class="nump">0.7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.3<span></span>
</td>
<td class="nump">0.4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember', window );">Other Public Finance [Member] | Global Public Finance [Member] | U S [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1.1<span></span>
</td>
<td class="nump">1.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">0.6<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember', window );">Other Public Finance [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">0.2<span></span>
</td>
<td class="nump">0.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">0.1<span></span>
</td>
<td class="nump">0.2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember', window );">International Utilities [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1.7<span></span>
</td>
<td class="nump">10.1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1.4<span></span>
</td>
<td class="nump">6.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember', window );">Sovereign Related And Sub-Sovereign [Member] | Global Public Finance [Member] | Non-United States [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">3.8<span></span>
</td>
<td class="nump">11.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">2.7<span></span>
</td>
<td class="nump">7.5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember', window );">Collateralized Debt Obligations [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">0.5<span></span>
</td>
<td class="nump">2.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">0.4<span></span>
</td>
<td class="nump">2.6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember', window );">Residential Mortgage Backed Securities [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4.7<span></span>
</td>
<td class="nump">6.3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.6<span></span>
</td>
<td class="nump">4.7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember', window );">Commercial Mortgage Backed Securities [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.7<span></span>
</td>
<td class="nump">0.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.3<span></span>
</td>
<td class="nump">0.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember', window );">Consumer Asset Backed [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.9<span></span>
</td>
<td class="nump">1.2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.7<span></span>
</td>
<td class="nump">0.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember', window );">Corporate Asset Backed [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="nump">3.9<span></span>
</td>
<td class="nump">4.7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="nump">2.3<span></span>
</td>
<td class="nump">2.9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnderlyingAssetClassAxis=mbi_StructuredInsuranceSecuritizationsMember', window );">Structured Insurance Securitizations [Member] | Global Structured Finance [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross', window );">Insurance in Force</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2.3<span></span>
</td>
<td class="nump">2.6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross', window );">Gross Par Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1.1<span></span>
</td>
<td class="nump">$ 1.3<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes general obligation unlimited and limited (property) tax bonds, general fund obligation bonds and pension obligation bonds of states, cities, counties, schools and special districts.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top"><div>Includes investor owned utilities, industrial development and pollution control revenue bonds.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top"><div>Includes certain non-profit enterprises, stadium related financing and student loans.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top"><div>Includes municipal owned entities backed by sponsoring local government and tax backed transactions.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top"><div>Includes regions, departments or their equivalent in each jurisdiction as well as sovereign owned entities that are supported by a sovereign state, region or department.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top"><div>Includes a transaction (represented by structured pools of CRE assets) that does not include typical CDO structuring characteristics, such as tranched credit risk, cash flow waterfalls, or interest and over-collateralization coverage tests.</div></td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top"><div>As of December 31, 2017, includes structured insurance securitizations of $2.3 billion and $1.1 billion of insurance in force and gross par amount, respectively. As of December 31, 2016, includes structured insurance securitizations of $2.6 billion and $1.3 billion of insurance in force and gross par amount, respectively.</div></td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the amount of insured contractual payments (principal and interest) outstanding on the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsInsuredContractualPaymentsOutstandingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the outstanding principal amounts of the underlying insured obligations for financial guaranty contracts, gross of ceded contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuredFinancialObligationsOutstandingPrincipalAmountGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementGeographicalAxis=mbi_NonUnitedStatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalPublicFinanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GuaranteeObligationsByNatureAxis=mbi_GlobalStructuredFinanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_GeneralObligationLeaseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalUtilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_TaxBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_TransportationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_HigherEducationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_HealthCareMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MilitaryHousingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_InvestorOwnedUtilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_MunicipalHousingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_OtherPublicFinanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_InternationalUtilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_SovereignRelatedAndSubSovereignMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_ResidentialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_ConsumerAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_CorporateAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UnderlyingAssetClassAxis=mbi_StructuredInsuranceSecuritizationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UnderlyingAssetClassAxis=mbi_StructuredInsuranceSecuritizationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901296768">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,724<span></span>
</td>
<td class="nump">$ 4,200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyCorpMember', window );">Assured Guaranty Corp [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,031<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember', window );">Assured Guaranty Re Ltd [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,321<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReinsuranceRecoverables', window );">Reinsurance Recoverable</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededCreditRiskAxis=mbi_OverseasPrivateInvestmentCorporationMember', window );">Overseas Private Investment Corporation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">281<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededCreditRiskAxis=mbi_OtherReinsurersMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers', window );">Aggregate Amount Of Insured Par Outstanding Ceded To Reinsurers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount', window );">Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Total reinsurance recoverable is primarily related to recoverables on unpaid losses.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate amount of insured par outstanding ceded to reinsurers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AggregateAmountOfInsuredParOutstandingCededToReinsurers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reinsurance Recoverables Secured By Letters Of Credit Or Trust Amount</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ReinsuranceRecoverablesSecuredByLettersOfCreditOrTrustAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReinsuranceRecoverables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after valuation allowance, recoverable under reinsurance contracts including premium paid under reinsurance contracts. Examples include, but are not limited to, settled and unsettled claims, incurred but not reported losses, loss adjustment expense, premium paid, policy benefits and policy reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 20<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6480758&amp;loc=d3e6824-158387<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 310<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=6485522&amp;loc=d3e21409-158489<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.(a),6)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReinsuranceRecoverables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyCorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededCreditRiskAxis=mbi_AssuredGuarantyReLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededCreditRiskAxis=mbi_OverseasPrivateInvestmentCorporationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededCreditRiskAxis=mbi_OverseasPrivateInvestmentCorporationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededCreditRiskAxis=mbi_OtherReinsurersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededCreditRiskAxis=mbi_OtherReinsurersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900597904">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InsuranceAbstract', window );"><strong>Insurance in Force [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DirectPremiumsEarned', window );">Direct</a></td>
<td class="nump">$ 205<span></span>
</td>
<td class="nump">$ 305<span></span>
</td>
<td class="nump">$ 379<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssumedPremiumsEarned', window );">Assumed</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts', window );">Gross</a></td>
<td class="nump">207<span></span>
</td>
<td class="nump">307<span></span>
</td>
<td class="nump">381<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsEarned', window );">Ceded premiums earned</a></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsEarnedNet', window );">Premiums earned (net of ceded premiums of $6, $7 and $9)</a></td>
<td class="nump">$ 201<span></span>
</td>
<td class="nump">$ 300<span></span>
</td>
<td class="nump">$ 372<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Gross Premium Earned Financial Guarantee</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_GrossPremiumEarnedFinancialGuaranteeInsuranceContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssumedPremiumsEarned">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of earned premiums assumed from other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b),(c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssumedPremiumsEarned</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsEarned">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of earned premiums ceded to other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b),(c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486662&amp;loc=d3e27175-158546<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededPremiumsEarned</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DirectPremiumsEarned">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b),(c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DirectPremiumsEarned</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InsuranceAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InsuranceAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsEarnedNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums earned.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.13(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.12-17)<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574992-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsEarnedNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R102.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7035079904">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Insurance Regulations And Dividends (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPolicyholdersSurplus', window );">Percentage of policyholders' surplus</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfAdjustedNetInvestmentIncome', window );">Percentage of adjusted net investment income</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=mbi_PolicyholdersSurplusMember', window );">Policyholders Surplus [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
<td class="nump">$ 65<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount', window );">Statutory net loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 323<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesCapital', window );">Statutory capital</a></td>
<td class="nump">464<span></span>
</td>
<td class="nump">492<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
<td class="nump">237<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesContingencyReserves', window );">Contingency reserves</a></td>
<td class="nump">227<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount', window );">Statutory net income</a></td>
<td class="nump">$ 107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Loss Reserves And Unearned Premium Reserves [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsInCertainQualifingAssets', window );">Percentage of loss reserves and unearned premium reserve required to be invested in qualifying assets</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaCorpMember', window );">MBIA Corp [Member] | Policyholders Surplus [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesUnassignedSurplus', window );">Unassigned surplus</a></td>
<td class="num">$ (1,800)<span></span>
</td>
<td class="num">(1,800)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutorySurplusNegativeImpact', window );">Statutory surplus negative impact</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 112<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries', window );">Maximum percentage of statutory net admitted assets invested in subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">60.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalMember', window );">National [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
<td class="nump">118<span></span>
</td>
<td class="nump">$ 118<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount', window );">Statutory net loss</a></td>
<td class="nump">321<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesCapital', window );">Statutory capital</a></td>
<td class="nump">2,800<span></span>
</td>
<td class="nump">3,500<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesSurplus', window );">Policyholders' surplus</a></td>
<td class="nump">2,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StatutoryAccountingPracticesContingencyReserves', window );">Contingency reserves</a></td>
<td class="nump">$ 594<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount', window );">Statutory net income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">192<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaUkMember', window );">MBIA UK [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InsuranceRegulationsAndDividendsLineItems', window );"><strong>Insurance Regulations And Dividends [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainOrLossOnSaleOfStockInSubsidiary', window );">Statutory loss recorded on adjustment of carrying value to fair value less costs to sell</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 114<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InsuranceRegulationsAndDividendsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Insurance Regulations And Dividends Line Items</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InsuranceRegulationsAndDividendsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsInCertainQualifingAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage required to be invested in certain qualifing assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentsInCertainQualifingAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maximum percentage of statutory admitted assets allowed to be invested in subsidaries under New York insurance laws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_MaximumPercentageOfStatutoryAdmittedAssetsInvestedInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfAdjustedNetInvestmentIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of adjusted net investment income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfAdjustedNetInvestmentIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPolicyholdersSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage Of Policyholders Surplus</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfPolicyholdersSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Statutory Accounting Practices defined as policyholders' surplus plus contingency reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesContingencyReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Statutory accounting practices, contingency reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesContingencyReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesStatutoryNetLossAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of net loss for the period determined using accounting principles prescribed or permitted by insurance regulators.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesStatutoryNetLossAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Statutory accounting practices, surplus.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutoryAccountingPracticesUnassignedSurplus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Statutory accounting practices, unassigned surplus.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutoryAccountingPracticesUnassignedSurplus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StatutorySurplusNegativeImpact">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Impact on statutory surplus due to maximum amount of investment in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StatutorySurplusNegativeImpact</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.9-06)<br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainOrLossOnSaleOfStockInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (13)(g)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainOrLossOnSaleOfStockInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of net income for the period determined using accounting principles prescribed or permitted by insurance regulators.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatutoryAccountingPracticesStatutoryNetIncomeAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=mbi_PolicyholdersSurplusMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=mbi_PolicyholdersSurplusMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaCorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaCorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=mbi_LossReservesAndUnearnedPremiumReservesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=mbi_LossReservesAndUnearnedPremiumReservesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaUkMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaUkMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6930245552">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Pension And Profit Sharing Plans (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_PensionPlansDefinedBenefitMember', window );">Defined contribution pension [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent', window );">Contribution percentage of eligible employees compensation</a></td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears', window );">Vested after two years</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears', window );">Vested after three years</a></td>
<td class="nump">60.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears', window );">Vested after four years</a></td>
<td class="nump">80.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears', window );">Vested after five years</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
<td class="nump">$ 2.0<span></span>
</td>
<td class="nump">$ 1.0<span></span>
</td>
<td class="nump">$ 3.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_PensionPlansDefinedBenefitMember', window );">Defined contribution pension [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount', window );">Maximum annual compensation subject to pension</a></td>
<td class="nump">$ 2.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember', window );">Qualified profit-sharing/401(k) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent', window );">Contribution percentage of eligible employees compensation</a></td>
<td class="nump">25.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears', window );">Vested after two years</a></td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears', window );">Vested after three years</a></td>
<td class="nump">60.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears', window );">Vested after four years</a></td>
<td class="nump">80.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears', window );">Vested after five years</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
<td class="nump">$ 1.0<span></span>
</td>
<td class="nump">1.0<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch', window );">Contributions percentage of employer match</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember', window );">Non-qualified pension [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
<td class="nump">$ 2.0<span></span>
</td>
<td class="nump">2.0<span></span>
</td>
<td class="nump">1.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember', window );">Non-qualified profit-sharing/401(k) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedBenefitPlanDisclosureLineItems', window );"><strong>Defined Benefit Plan Disclosure [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionExpense', window );">Pension expense</a></td>
<td class="nump">$ 1.0<span></span>
</td>
<td class="nump">$ 1.0<span></span>
</td>
<td class="nump">$ 1.0<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AnnualCompensationMaximumPensionPerEmployeeAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maximum annual compensation per employee subject to pension contribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AnnualCompensationMaximumPensionPerEmployeeAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of pension benefits vested due after five years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterFiveYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of pension benefits vested due after four years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterFourYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of pension benefits vested due after three years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterThreeYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of pension benefits vested due after two years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfPensionBenefitsVestedDueAfterTwoYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedBenefitPlanDisclosureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DefinedBenefitPlanDisclosureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage employer matches of the employee's percentage contribution matched.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maximum percentage of employee gross pay the employee may contribute to a defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PensionExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of pension benefit costs recognized during the period for (1) defined benefit plans and (2) defined contribution plans. For defined benefit plans, pension expense includes the following components: service cost, interest cost, expected return on plan assets, gain (loss) on plan assets, prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. For defined contribution plans, the pension expense generally equals the firm's contribution to employees' accounts (if the firm contributes) during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 70<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49170846&amp;loc=d3e28014-114942<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=65897934&amp;loc=d3e1928-114920<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (h)<br> -URI http://asc.fasb.org/extlink&amp;oid=65897934&amp;loc=d3e1928-114920<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PensionExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_PensionPlansDefinedBenefitMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=us-gaap_PensionPlansDefinedBenefitMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_QualifiedProfitSharingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedPensionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCompensationArrangementWithIndividualPostretirementBenefitsByTypeOfDeferredCompensationAxis=mbi_NonqualifiedProfitSharingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>118
<FILENAME>R104.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6912772240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-term Incentive Plans (Narrative) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance', window );">Shareholder approved increase in common stock reserved and available for issuance</a></td>
<td class="nump">14,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with stock options, count</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant', window );">Shares/units available for future grants</a></td>
<td class="nump">6,207,299<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member] | After May 1, 2012 Amendment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with other than stock options, count</a></td>
<td class="nump">1.28<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember', window );">Omnibus Plan [Member] | Prior To May 1, 2012 Amendment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan', window );">Shares issued under Omnibus Plan in connection with other than stock options, count</a></td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross', window );">Stock issued during period, value, restricted stock award, gross</a></td>
<td class="nump">$ 6<span></span>
</td>
<td class="nump">$ 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Share-based compensation expense (benefit)</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">$ 20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation', window );">Tax charge related to share-based compensation</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized', window );">Unrecognized compensation cost</a></td>
<td class="nump">$ 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1', window );">Expected to be recognized as expense over a weighted average period, years</a></td>
<td class="text">2 years 3 months 18 days<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Stock Price Targets [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross', window );">Restricted shares granted</a></td>
<td class="nump">65,287<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Internal Performance Conditions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross', window );">Restricted shares granted</a></td>
<td class="nump">127,001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember', window );">Restricted Stock [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation', window );">Tax charge related to share-based compensation</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1', window );">Long-term incentive awards vesting period, years</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod', window );">Long-term incentive awards expiration period, years</a></td>
<td class="text">7 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember', window );">Employee Stock Option [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod', window );">Long-term incentive awards expiration period, years</a></td>
<td class="text">10 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Shares issued under other than stock options plan counted in long-term incentive plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SharesIssuedUnderOtherThanStockOptionsPlanCountedInLongTermIncentivePlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Shares issued under stock options plan counted in long-term incentive plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SharesIssuedUnderStockOptionsPlanCountedInLongTermIncentivePlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllocatedShareBasedCompensationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 14.F)<br> -URI http://asc.fasb.org/extlink&amp;oid=27013229&amp;loc=d3e301413-122809<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (h)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllocatedShareBasedCompensationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate number of common shares reserved for future issuance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockCapitalSharesReservedForFutureIssuance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unrecognized cost of unvested share-based compensation awards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow to satisfy an employee's income tax withholding obligation as part of a net-share settlement of a share-based award.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate value of stock related to Restricted Stock Awards issued during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_OmnibusPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_AfterAmendmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_AfterAmendmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_PriorToAmendmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_PriorToAmendmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_StockPriceTargetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_StockPriceTargetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementScenarioAxis=mbi_InternalPerformanceConditionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementScenarioAxis=mbi_InternalPerformanceConditionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RangeAxis=us-gaap_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RangeAxis=us-gaap_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_EmployeeStockOptionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6908366752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail) - Restricted Stock [Member] - $ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems', window );"><strong>Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding at beginning of year</a></td>
<td class="nump">3,916,661<span></span>
</td>
<td class="nump">4,727,319<span></span>
</td>
<td class="nump">6,358,826<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod', window );">Granted</a></td>
<td class="nump">708,529<span></span>
</td>
<td class="nump">756,381<span></span>
</td>
<td class="nump">481,636<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod', window );">Vested</a></td>
<td class="num">(1,051,657)<span></span>
</td>
<td class="num">(917,039)<span></span>
</td>
<td class="num">(2,112,343)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod', window );">Forfeited</a></td>
<td class="num">(1,180,555)<span></span>
</td>
<td class="num">(650,000)<span></span>
</td>
<td class="num">(800)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber', window );">Outstanding at end of year</a></td>
<td class="nump">2,392,978<span></span>
</td>
<td class="nump">3,916,661<span></span>
</td>
<td class="nump">4,727,319<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Outstanding at beginning of year, Weighted Average Price per Share</a></td>
<td class="nump">$ 9.3553<span></span>
</td>
<td class="nump">$ 9.9302<span></span>
</td>
<td class="nump">$ 10.0047<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue', window );">Granted, Weighted Average Price per Share</a></td>
<td class="nump">9.374<span></span>
</td>
<td class="nump">8.2722<span></span>
</td>
<td class="nump">8.8012<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue', window );">Vested, Weighted Average Price per Share</a></td>
<td class="nump">9.9732<span></span>
</td>
<td class="nump">13.6196<span></span>
</td>
<td class="nump">9.8988<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue', window );">Forfeited, Weighted Average Price per Share</a></td>
<td class="nump">8.2912<span></span>
</td>
<td class="nump">6.2601<span></span>
</td>
<td class="nump">5.05<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue', window );">Outstanding at end of year, Weighted Average Price per Share</a></td>
<td class="nump">$ 9.6142<span></span>
</td>
<td class="nump">$ 9.3553<span></span>
</td>
<td class="nump">$ 9.9302<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iv)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(2)(iii)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=us-gaap_RestrictedStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>120
<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6748316752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Long-Term Incentive Plans (Stock Options Outstanding) (Detail) - $ / shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Long-Term Incentive Plans [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of shares, outstanding at beginning of year</a></td>
<td class="nump">237,800<span></span>
</td>
<td class="nump">2,325,300<span></span>
</td>
<td class="nump">2,548,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Stock option awards exercised</a></td>
<td class="num">(200,000)<span></span>
</td>
<td class="num">(2,050,000)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod', window );">Options expired or canceled</a></td>
<td class="num">(37,800)<span></span>
</td>
<td class="num">(37,500)<span></span>
</td>
<td class="num">(222,700)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of shares, outstanding at end of year</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">237,800<span></span>
</td>
<td class="nump">2,325,300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber', window );">Number of shares, exercisable at end of year</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">237,800<span></span>
</td>
<td class="nump">2,325,300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Outstanding at beginning of year, weighted average price per share</a></td>
<td class="nump">$ 14.6689<span></span>
</td>
<td class="nump">$ 6.3703<span></span>
</td>
<td class="nump">$ 10.9888<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice', window );">Exercised, weighted average price per share</a></td>
<td class="nump">5.05<span></span>
</td>
<td class="nump">4.4722<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice', window );">Expired or canceled, weighted average price per share</a></td>
<td class="nump">65.5624<span></span>
</td>
<td class="nump">57.51<span></span>
</td>
<td class="nump">59.2118<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Outstanding at end of year, weighted average price per share</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">14.6689<span></span>
</td>
<td class="nump">6.3703<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice', window );">Exercisable at end of year, weighted average price per share</a></td>
<td class="nump">$ 0<span></span>
</td>
<td class="nump">$ 14.6689<span></span>
</td>
<td class="nump">$ 6.3703<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iv)(3)-(4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of options outstanding, including both vested and non-vested options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(i)-(ii)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average price at which option holders acquired shares when converting their stock options into shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of share options (or share units) exercised during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)(1)(iv)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901316720">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail) - USD ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasicAbstract', window );"><strong>Basic earnings per share: [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic', window );">Less: Undistributed earnings allocated to participating securities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic', window );">Net income (loss) available to common stockholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 174<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic weighted average shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">118,930,282<span></span>
</td>
<td class="nump">133,001,088<span></span>
</td>
<td class="nump">163,936,318<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (13.5)<span></span>
</td>
<td class="num">$ (2.54)<span></span>
</td>
<td class="nump">$ 1.06<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDilutedAbstract', window );"><strong>Diluted earnings per share: [Abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted', window );">Less: Undistributed earnings allocated to participating securities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAdjustmentOfWarrants', window );">Less: mark-to-market gain (loss) on warrants</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted', window );">Net income (loss) available to common stockholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 174<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic weighted average shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">118,930,282<span></span>
</td>
<td class="nump">133,001,088<span></span>
</td>
<td class="nump">163,936,318<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements', window );">Stock options</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted weighted average shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118,930,282<span></span>
</td>
<td class="nump">133,001,088<span></span>
</td>
<td class="nump">164,869,788<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (13.5)<span></span>
</td>
<td class="num">$ (2.54)<span></span>
</td>
<td class="nump">$ 1.06<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition', window );">Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">311,772<span></span>
</td>
<td class="nump">930,406<span></span>
</td>
<td class="nump">617,909<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment', window );">Potentially dilutive securities excluded from the diluted EPS because of antidilutive effect</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,127,112<span></span>
</td>
<td class="nump">16,506,438<span></span>
</td>
<td class="nump">17,967,871<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes 0.3 million, 0.9 million and 0.6 million of participating securities that met the service condition and were eligible to receive nonforfeitable dividends or dividend equivalents for the years ended December 31, 2017, 2016 and 2015, respectively.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Unvested Restricted Stock And Units That Receive Nonforfeitable Dividends Or Dividend Equivalents That Have Met Service Condition</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_UnvestedRestrictedStockAndUnitsThatReceiveNonforfeitableDividendsOrDividendEquivalentsThatHaveMetServiceCondition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 55<br> -Paragraph 52<br> -URI http://asc.fasb.org/extlink&amp;oid=65016374&amp;loc=d3e4984-109258<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasicAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasicAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(19))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1252-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(21))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDilutedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareDilutedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAdjustmentOfWarrants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of expense (income) related to adjustment to fair value of warrant liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 480<br> -SubTopic 10<br> -Section 25<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=6939902&amp;loc=d3e20148-110875<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAdjustmentOfWarrants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28A<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1500-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1377-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net Income or Loss Available to Common Stockholders plus adjustments resulting from the assumption that dilutive convertible securities were converted, options or warrants were exercised, or that other shares were issued upon the satisfaction of certain conditions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1377-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of undistributed earnings (loss) allocated to participating securities for the basic earnings (loss) per share or per unit calculation under the two-class method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=SL5780133-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of undistributed earnings (loss) allocated to participating securities for the diluted earnings (loss) per share or per unit calculation under the two-class method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 60B<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=SL5780133-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1505-109256<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=64863997&amp;loc=d3e1448-109256<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Weighted-Average Number of Common Shares Outstanding<br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6928434352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Common and Preferred Stock (Narrative) (Detail) - USD ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WarrantsAndRightsOutstanding', window );">Fair value of warrants</a></td>
<td class="nump">$ 6<span></span>
</td>
<td class="nump">$ 33<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1', window );">Remaining amount available under repurchase program</a></td>
<td class="nump">$ 250<span></span>
</td>
<td class="nump">$ 88<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury stock shares acquired</a></td>
<td class="nump">43,000,000<span></span>
</td>
<td class="nump">16,600,000<span></span>
</td>
<td class="nump">39,900,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Shares repurchased under share repurchase program, average price per share</a></td>
<td class="nump">$ 7.55<span></span>
</td>
<td class="nump">$ 6.37<span></span>
</td>
<td class="nump">$ 7.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock shares issued</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock shares outstanding</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred Stock Par Or Stated Value Per Share</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember', window );">Preferred Stock [Member] | MBIA Insurance Corporation [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Shares repurchased under share repurchase program, average price per share</a></td>
<td class="nump">$ 10,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock shares issued</a></td>
<td class="nump">2,759<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodShares', window );">Preferred stock repurchased during period shares</a></td>
<td class="nump">1,444<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValueOutstanding', window );">Preferred stock, carrying value issued and outstanding</a></td>
<td class="nump">$ 28<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock', window );">Face value of repurchased preferred stock</a></td>
<td class="nump">10.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred Stock Par Or Stated Value Per Share</a></td>
<td class="nump">$ 1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockLiquidationPreference', window );">Preferred stock liquidation preference</a></td>
<td class="nump">$ 100,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateTerms', window );">Dividend rate on preferred stock determined rate</a></td>
<td class="text">LIBOR plus 200 basis points<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember', window );">2014 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StockRepurchaseProgramCancelledAmount', window );">Stock repurchase program cancelled amount</a></td>
<td class="nump">61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember', window );">July 29, 2015 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_OctobertwothousandfifteenrepurchaseauthorizationMember', window );">October 28, 2015 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_TwoThousandSixteenRepurchaseAuthorizationMember', window );">2016 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_StockRepurchaseProgramCancelledAmount', window );">Stock repurchase program cancelled amount</a></td>
<td class="nump">13<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember', window );">June 27, 2017 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember', window );">November 3, 2017 Repurchase Authorization [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1', window );">Authorized repurchase of common stock, value</a></td>
<td class="nump">250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1', window );">Remaining amount available under repurchase program</a></td>
<td class="nump">$ 250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember', window );">Unaffiliated Investors [Member] | MBIA Insurance Corporation [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock shares outstanding</a></td>
<td class="nump">1,315<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember', window );">Long-Term Incentive Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Treasury stock shares acquired</a></td>
<td class="nump">490,557<span></span>
</td>
<td class="nump">419,806<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember', window );">Warrant [Member] | HighBridge</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
<td class="nump">9,940,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1', window );">Warrant exercise price</a></td>
<td class="nump">$ 9.59<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WarrantTerm', window );">Warrant Term</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember', window );">Grossup Warrant [Member] | HighBridge</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfStockLineItems', window );"><strong>Class of Stock [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightOutstanding', window );">Warrants outstanding</a></td>
<td class="nump">1,910,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1', window );">Warrant exercise price</a></td>
<td class="nump">$ 9.59<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_WarrantTerm', window );">Warrant Term</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PercentageOfFaceValueOfRepurchasedPreferredStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of face value of repurchased preferred stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PercentageOfFaceValueOfRepurchasedPreferredStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_StockRepurchaseProgramCancelledAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of stock repurchase program cancelled by new program.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_StockRepurchaseProgramCancelledAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_WarrantTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Term of warrant in years</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_WarrantTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfStockLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ClassOfStockLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Exercise price per share or per unit of warrants or rights outstanding.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(i)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of warrants or rights outstanding.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockLiquidationPreference">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21475-112644<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21484-112644<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(d)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(d)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockLiquidationPreference</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValueOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by shareholders, which is net of related treasury stock. May be all or a portion of the number of preferred shares authorized. These shares represent the ownership interest of the preferred shareholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockValueOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchaseProgramAuthorizedAmount1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of stock repurchase plan authorized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRepurchaseProgramAuthorizedAmount1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount remaining of a stock repurchase plan authorized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedDuringPeriodShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRepurchasedDuringPeriodShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total cost of shares repurchased divided by the total number of shares repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockAcquiredAverageCostPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockSharesAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares that have been repurchased during the period and are being held in treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockSharesAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WarrantsAndRightsOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WarrantsAndRightsOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_PreferredStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_InsuranceCorporationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_InsuranceCorporationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_TwothousandfourteenrepurchaseauthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_JulyTwoThousandFifteenRepurchaseAuthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_OctobertwothousandfifteenrepurchaseauthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_OctobertwothousandfifteenrepurchaseauthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_TwoThousandSixteenRepurchaseAuthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_TwoThousandSixteenRepurchaseAuthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_JuneTwoThousandSeventeenRepurchaseAuthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_NovemberTwoThousandSeventeenRepurchaseAuthorizationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=mbi_UnaffiliatedInvestorsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AwardTypeAxis=mbi_LongTermIncentivePlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=us-gaap_WarrantMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_HighbridgeInternationalLlcMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_HighbridgeInternationalLlcMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ClassOfWarrantOrRightAxis=mbi_GrossupWarrantMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>123
<FILENAME>R109.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900910448">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Common and Preferred Stock (Schedule of Share Repurchases) (Detail) - USD ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockTransactionsParentheticalDisclosuresAbstract', window );"><strong>Schedule of Share Repurchases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockSharesAcquired', window );">Number of shares repurchased</a></td>
<td class="nump">43,000,000<span></span>
</td>
<td class="nump">16,600,000<span></span>
</td>
<td class="nump">39,900,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare', window );">Average price paid per share</a></td>
<td class="nump">$ 7.55<span></span>
</td>
<td class="nump">$ 6.37<span></span>
</td>
<td class="nump">$ 7.6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1', window );">Remaining authorization as of December 31</a></td>
<td class="nump">$ 250<span></span>
</td>
<td class="nump">$ 88<span></span>
</td>
<td class="nump">$ 94<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount remaining of a stock repurchase plan authorized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockTransactionsParentheticalDisclosuresAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockTransactionsParentheticalDisclosuresAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockAcquiredAverageCostPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total cost of shares repurchased divided by the total number of shares repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockAcquiredAverageCostPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockSharesAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of shares that have been repurchased during the period and are being held in treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockSharesAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>124
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901445568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
<td class="num">$ (128)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (61)<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
<td class="nump">101<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(68)<span></span>
</td>
<td class="num">(81)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="nump">109<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(82)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
<td class="num">(19)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(128)<span></span>
</td>
<td class="num">(61)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember', window );">Unrealized gains (losses) on AFS, net [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(22)<span></span>
</td>
<td class="nump">34<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
<td class="num">(24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27<span></span>
</td>
<td class="num">(55)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="num">(16)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28<span></span>
</td>
<td class="num">(56)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
<td class="num">(10)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="num">(22)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember', window );">Foreign currency translation, net [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Beginning balance</a></td>
<td class="num">(134)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(39)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax', window );">Other comprehensive income (loss) before reclassification</a></td>
<td class="nump">125<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(95)<span></span>
</td>
<td class="num">(26)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax', window );">Amounts reclassified from AOCI</a></td>
<td class="nump">0<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="nump">125<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(95)<span></span>
</td>
<td class="num">(26)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Ending balance</a></td>
<td class="num">$ (9)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (134)<span></span>
</td>
<td class="num">$ (39)<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top"><div>Includes items included in the Company's loss calculation to adjust the carrying value of MBIA UK to its fair value less costs to sell for the year ended December 31, 2016. The sale was completed in January of 2017 and as such, these amounts included in AOCI were reversed and included in the Sale Transaction.</div></td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e681-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments of other comprehensive income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 55<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004921&amp;loc=d3e1436-108581<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569643-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of reclassification adjustments of other comprehensive income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 55<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004921&amp;loc=d3e1436-108581<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedTranslationAdjustmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>125
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6901648224">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">$ (24)<span></span>
</td>
<td class="nump">$ 84<span></span>
</td>
<td class="nump">$ 63<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">(661)<span></span>
</td>
<td class="num">(339)<span></span>
</td>
<td class="nump">289<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">944<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(1,605)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember', window );">Amounts reclassified from AOCI [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(8)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember', window );">Unrealized gains (losses) on AFS, net [Member] | Amounts reclassified from AOCI [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities', window );">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</a></td>
<td class="num">(7)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="num">$ (1)<span></span>
</td>
<td class="num">$ (2)<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=68072869&amp;loc=d3e41242-110953<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column G))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of other than temporary impairment (OTTI) on investment in available-for-sale debt security, recognized in other comprehensive loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 35<br> -Paragraph 35<br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e25362-111560<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeAxis=us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementEquityComponentsAxis=us-gaap_AccumulatedNetUnrealizedInvestmentGainLossMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>126
<FILENAME>R112.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900608416">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Commitments and Contingencies (Narrative) (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($) </div>
<div>Lawsuits</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract', window );"><strong>Commitments and Contingencies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NumberOfOtherLawsuits', window );">Other material lawsuits pending | Lawsuits</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue', window );">Operating leases future minimum payments due | $</a></td>
<td class="nump">$ 36<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NumberOfOtherLawsuits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Other material lawsuits pending</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NumberOfOtherLawsuits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommitmentsAndContingenciesDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeasesFutureMinimumPaymentsDue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 10<br> -Section 55<br> -Paragraph 40<br> -Subparagraph (Note 3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6584154&amp;loc=d3e38371-112697<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6453985&amp;loc=d3e41502-112717<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeasesFutureMinimumPaymentsDue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R113.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6915280400">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Schedule I- Investments (Detail)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Dec. 31, 2017 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">$ 4,663<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">4,655<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">4,655<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember', window );">Assets Of Consolidated VIEs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">2,132<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">2,777<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">2,751<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember', window );">Other Aggregated Investments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_invest_InvestmentAxis=us-gaap_LoansReceivableMember', window );">Loans Receivable [Member] | Assets Of Consolidated VIEs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">1,085<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">1,679<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">1,679<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">3,759<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">3,743<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">3,743<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | U.S. Treasury And Government Agency [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">985<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">1,014<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">1,014<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | US States And Political Subdivisions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">840<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">857<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">857<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | Foreign Governments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember', window );">Long-Term Available-For-Sale [Member] | Corporate Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">1,173<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">1,117<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">1,117<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember', window );">Short-Term Available-For-Sale [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">676<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">676<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">676<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember', window );">Equity Available For Sale [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember', window );">AFS Investments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">4,438<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">4,423<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">4,423<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember', window );">Investments At Fair Value [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">223<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">230<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">230<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember', window );">Investments At Fair Value [Member] | Assets Of Consolidated VIEs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">182<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">182<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember', window );">Held-To-Maturity [Member] | Corporate Obligations [Member] | Assets Of Consolidated VIEs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">916<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Residential Mortgage Backed Agency [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">365<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">362<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">362<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Residential Mortgage-Backed Non-Agency [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember', window );">Mortgage-backed [Member] | Long-Term Available-For-Sale [Member] | Commercial Mortgage-Backed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Long-Term Available-For-Sale [Member] | Collateralized Debt Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember', window );">Asset-backed [Member] | Long-Term Available-For-Sale [Member] | Other Asset-Backed [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems', window );"><strong>Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost', window );">Cost</a></td>
<td class="nump">175<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue', window );">Fair Value</a></td>
<td class="nump">175<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount', window );">Amount at which shown in the balance sheet</a></td>
<td class="nump">$ 175<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the carrying (reported) amount of the entity's investments as of the balance sheet date. This amount may represent the individual investment's or group of similar investments' original cost, fair value, or such other amount at which the investment is shown in the entity's balance sheet.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 7<br> -Subparagraph (SX 210.12-15)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611379-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the original cost of the entity's investments including investments in equity securities and, as to fixed maturities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 7<br> -Subparagraph (SX 210.12-15)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611379-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the reported amount of the entity's investments measured at fair value. Fair value is the price that would be received to sell an investment in an orderly transaction between market participants at the balance sheet [measurement] date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -Section S99<br> -Paragraph 7<br> -Subparagraph (SX 210.12-15)<br> -URI http://asc.fasb.org/extlink&amp;oid=50485924&amp;loc=d3e611379-123010<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesReportableDataLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentTypeAxis=mbi_AssetsOfConsolidatedVIEsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_OtherAggregatedInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_LoansReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_LoansReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_LongTermAvailableForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USTreasuryAndGovernmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_USStatesAndPoliticalSubdivisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_ForeignGovernmentDebtMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CorporateDebtSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_ShortTermAvailableForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_EquityAvailableForSaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_AvailableforsaleSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=mbi_InvestmentsAtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtSecurityAxis=us-gaap_MortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_ResidentialMortgageBackedNonAgencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CommercialMortgageBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtSecurityAxis=us-gaap_AssetBackedSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=us-gaap_CollateralizedDebtObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_invest_InvestmentAxis=mbi_OtherAssetBackedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">invest_InvestmentAxis=mbi_OtherAssetBackedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6909641888">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Schedule II (Condensed Balance Sheets) (Detail) - USD ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
<th class="th"><div>Dec. 31, 2014</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">$ 146<span></span>
</td>
<td class="nump">$ 187<span></span>
</td>
<td class="nump">$ 522<span></span>
</td>
<td class="nump">$ 782<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
<td class="nump">9,095<span></span>
</td>
<td class="nump">11,137<span></span>
</td>
<td class="nump">14,836<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
<td class="nump">2,121<span></span>
</td>
<td class="nump">1,986<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">7,670<span></span>
</td>
<td class="nump">7,898<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares-- 283,717,973 and 283,989,999</a></td>
<td class="nump">284<span></span>
</td>
<td class="nump">284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
<td class="nump">3,171<span></span>
</td>
<td class="nump">3,160<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
<td class="nump">1,095<span></span>
</td>
<td class="nump">2,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax</a></td>
<td class="num">(19)<span></span>
</td>
<td class="num">(128)<span></span>
</td>
<td class="num">(61)<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost-- 192,233,526 and 148,789,168 shares</a></td>
<td class="num">(3,118)<span></span>
</td>
<td class="num">(2,789)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
<td class="nump">1,413<span></span>
</td>
<td class="nump">3,227<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
<td class="nump">9,095<span></span>
</td>
<td class="nump">11,137<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 4,438<span></span>
</td>
<td class="nump">$ 5,450<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
<td class="nump">10,000,000<span></span>
</td>
<td class="nump">10,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
<td class="nump">400,000,000<span></span>
</td>
<td class="nump">400,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
<td class="nump">283,717,973<span></span>
</td>
<td class="nump">283,989,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
<td class="nump">192,233,526<span></span>
</td>
<td class="nump">148,789,168<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>Assets [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesNoncurrent', window );">Fixed-maturity securities held as available-for-sale, at fair value (amortized cost $590 and $687)</a></td>
<td class="nump">$ 639<span></span>
</td>
<td class="nump">$ 725<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradingSecurities', window );">Investments carried at fair value</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral', window );">Investments pledged as collateral, at fair value (amortized cost $155 and $242)</a></td>
<td class="nump">148<span></span>
</td>
<td class="nump">233<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesCurrent', window );">Short-term investments held as available-for-sale, at fair value (amortized cost $283 and $278)</a></td>
<td class="nump">283<span></span>
</td>
<td class="nump">278<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherInvestments', window );">Other investments</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Investments', window );">Total investments</a></td>
<td class="nump">1,079<span></span>
</td>
<td class="nump">1,244<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="nump">$ 35<span></span>
</td>
<td class="nump">$ 100<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentInWhollyOwnedSubsidiaries', window );">Investment in wholly-owned subsidiaries</a></td>
<td class="nump">2,290<span></span>
</td>
<td class="nump">3,673<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Deferred income taxes, net</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1,003<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssets', window );">Other assets</a></td>
<td class="nump">144<span></span>
</td>
<td class="nump">107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">Total assets</a></td>
<td class="nump">3,523<span></span>
</td>
<td class="nump">6,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements', window );">Investment agreements</a></td>
<td class="nump">301<span></span>
</td>
<td class="nump">361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
<td class="nump">576<span></span>
</td>
<td class="nump">576<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansPayable', window );">Affiliate loans payable</a></td>
<td class="nump">772<span></span>
</td>
<td class="nump">901<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedIncomeTaxes', window );">Income taxes payable</a></td>
<td class="nump">237<span></span>
</td>
<td class="nump">696<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLiabilities', window );">Other liabilities</a></td>
<td class="nump">224<span></span>
</td>
<td class="nump">279<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">2,110<span></span>
</td>
<td class="nump">2,813<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract', window );"><strong>Equity:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock, par value $1 per share; authorized shares--10,000,000; issued and outstanding--none</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 per share; authorized shares--400,000,000; issued shares-- 283,717,973 and 283,989,999</a></td>
<td class="nump">284<span></span>
</td>
<td class="nump">284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapital', window );">Additional paid-in capital</a></td>
<td class="nump">3,171<span></span>
</td>
<td class="nump">3,160<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
<td class="nump">1,095<span></span>
</td>
<td class="nump">2,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax', window );">Accumulated other comprehensive income (loss), net of tax</a></td>
<td class="num">(19)<span></span>
</td>
<td class="num">(128)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost-- 192,233,526 and 148,789,168 shares</a></td>
<td class="num">(3,118)<span></span>
</td>
<td class="num">(2,789)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity of MBIA Inc.</a></td>
<td class="nump">1,413<span></span>
</td>
<td class="nump">3,227<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">Total liabilities and equity</a></td>
<td class="nump">3,523<span></span>
</td>
<td class="nump">6,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost', window );">Fixed-maturity securities held as available-for-sale, amortized cost</a></td>
<td class="nump">590<span></span>
</td>
<td class="nump">687<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost', window );">Investments pledged as collateral, amortized cost</a></td>
<td class="nump">155<span></span>
</td>
<td class="nump">242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost', window );">Short-term investments held as available-for-sale, amortized cost</a></td>
<td class="nump">$ 283<span></span>
</td>
<td class="nump">$ 278<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock, authorized shares</a></td>
<td class="nump">10,000,000<span></span>
</td>
<td class="nump">10,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock, issued</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock, outstanding</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, authorized shares</a></td>
<td class="nump">400,000,000<span></span>
</td>
<td class="nump">400,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, issued shares</a></td>
<td class="nump">283,717,973<span></span>
</td>
<td class="nump">283,989,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
<td class="nump">192,233,526<span></span>
</td>
<td class="nump">148,789,168<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentInWhollyOwnedSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the parent company investments in wholly-owned subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentInWhollyOwnedSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_InvestmentsPledgedAsCollateralAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amortized cost of investments pledged as collateral.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_InvestmentsPledgedAsCollateralAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedIncomeTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due.  This amount is the total of current and noncurrent accrued income taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(24))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32718-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(15)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(15)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccruedIncomeTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e681-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14A<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669686-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(12))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 25<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65884222&amp;loc=d3e22054-111558<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Investments in debt and equity securities which are categorized neither as held-to-maturity nor trading and which are intended to be sold or mature more than one year from the balance sheet date or operating cycle, if longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Available-for-Sale Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6505594<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of available-for-sale securities that serve as collateral for borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=66008989&amp;loc=d3e5086-111524<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amortized cost of short-term investments in debt and equity securities and other forms of securities that provide ownership interests classified as available-for-sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesShortTermInvestmentsAmortizedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of the sum of the obligations to contract holders to provide to them an agreed upon rate of return pursuant to the terms of the underlying contract. These contracts represent lending by the contract holders to the entity in return for a guaranteed (primarily fixed) interest rate until maturity, unless called earlier if the contracts provide that option to the contract holders (usually institutions). There is little or no insurance risk for the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.14)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of common stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b),(c)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Investments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Investments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19-26)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16)(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LoansPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of assets classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(17))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.12)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03.1(f,g))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.15)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(28))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PreferredStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=27012166&amp;loc=d3e187085-122770<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=27010918&amp;loc=d3e74512-122707<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradingSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments in debt and equity securities and other forms of securities that provide ownership interests classified as trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26626-111562<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26610-111562<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Trading Securities<br> -URI http://asc.fasb.org/extlink&amp;oid=6526789<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradingSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6911445616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule II (Condensed Statements Of Operations) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems', window );"><strong>Condensed Income Statements, Captions [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">$ (24)<span></span>
</td>
<td class="nump">$ 84<span></span>
</td>
<td class="nump">$ 63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Net investment losses related to other-than-temporary impairments:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="nump">28<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="nump">31<span></span>
</td>
<td class="num">(282)<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">433<span></span>
</td>
<td class="nump">294<span></span>
</td>
<td class="nump">853<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="nump">197<span></span>
</td>
<td class="nump">197<span></span>
</td>
<td class="nump">199<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">944<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(1,605)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems', window );"><strong>Condensed Income Statements, Captions [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetInvestmentIncome', window );">Net investment income</a></td>
<td class="nump">35<span></span>
</td>
<td class="nump">29<span></span>
</td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net gains (losses) on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(34)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract', window );"><strong>Net investment losses related to other-than-temporary impairments:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities', window );">Investment losses related to other-than-temporary impairments</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities', window );">Other-than-temporary impairments recognized in accumulated other comprehensive income (loss)</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Net gains (losses) on extinguishment of debt</a></td>
<td class="nump">28<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherIncome', window );">Other net realized gains (losses)</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">26<span></span>
</td>
<td class="nump">15<span></span>
</td>
<td class="nump">111<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Operating</a></td>
<td class="nump">13<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest</a></td>
<td class="nump">87<span></span>
</td>
<td class="nump">90<span></span>
</td>
<td class="nump">95<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsAndExpenses', window );">Total expenses</a></td>
<td class="nump">100<span></span>
</td>
<td class="nump">106<span></span>
</td>
<td class="nump">119<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries', window );">Gain (loss) before income taxes and equity in earnings of subsidiaries</a></td>
<td class="num">(74)<span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">507<span></span>
</td>
<td class="num">(15)<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries', window );">Gain (loss) before equity in earnings of subsidiaries</a></td>
<td class="num">(581)<span></span>
</td>
<td class="num">(76)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromSubsidiariesNetOfTax', window );">Equity in net income (loss) of subsidiaries</a></td>
<td class="num">(1,024)<span></span>
</td>
<td class="num">(262)<span></span>
</td>
<td class="nump">189<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) before equity in the earnings of subsidiaries</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncomeLossBeforeEquityInEarningsOfSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) before income taxes and equity in the earnings of subsidiaries</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncomeLossBeforeIncomeTaxesAndEquityInEarningsOfSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the fair value of and realized gains and losses on sale of financial instruments and foreign exchange included in earnings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CondensedIncomeStatementsCaptionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CondensedIncomeStatementsCaptionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostsAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total costs of sales and operating expenses for the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CostsAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12317-112629<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=49170532&amp;loc=d3e12355-112629<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromSubsidiariesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of income (loss) of subsidiary attributable to the parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromSubsidiariesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08.(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Income Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=64930785&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetInvestmentIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-16(Column G))<br> -URI http://asc.fasb.org/extlink&amp;oid=34713774&amp;loc=d3e574960-122915<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetInvestmentIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue and income classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount by which the fair value of an investment in debt and equity securities categorized as Available-for-sale is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of other than temporary impairment (OTTI) on investment in available-for-sale debt security, recognized in other comprehensive loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 35<br> -Paragraph 35<br> -URI http://asc.fasb.org/extlink&amp;oid=27723805&amp;loc=d3e25362-111560<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8B<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=SL6284393-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6910682896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract', window );"><strong>Unrealized gains (losses) on available-for-sale securities: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax', window );">Unrealized gains (losses) arising during the period</a></td>
<td class="num">(22)<span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="num">(80)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
<td class="num">(1)<span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="num">(27)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax', window );">Total</a></td>
<td class="num">(21)<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="num">(53)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
<td class="nump">2<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax', window );">Total</a></td>
<td class="nump">2<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract', window );"><strong>Available-for-sale securities with other-than-temporary impairments: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax', window );">Other-than-temporary impairments and unrealized gains (losses) arising during the period</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax', window );">Total</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax', window );">Reclassification adjustments for (gains) losses included in net income (loss)</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax', window );">Total</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract', window );"><strong>Foreign currency translation: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax', window );">Foreign currency translation gains (losses)</a></td>
<td class="nump">146<span></span>
</td>
<td class="num">(94)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax', window );">Provision (benefit) for income taxes</a></td>
<td class="nump">21<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax', window );">Foreign currency translation gains (losses)</a></td>
<td class="nump">125<span></span>
</td>
<td class="num">(95)<span></span>
</td>
<td class="num">(26)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent', window );">Total other comprehensive income (loss)</a></td>
<td class="nump">109<span></span>
</td>
<td class="num">(67)<span></span>
</td>
<td class="num">(82)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComprehensiveIncomeNetOfTax', window );">Comprehensive income (loss)</a></td>
<td class="num">(1,496)<span></span>
</td>
<td class="num">(405)<span></span>
</td>
<td class="nump">98<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">$ (1,605)<span></span>
</td>
<td class="num">$ (338)<span></span>
</td>
<td class="nump">$ 180<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities with other-than-temporary impairments and for unrealized loss realized upon the write-down of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForSaleAndForWritedownOfSecuritiesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesAfterTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities with other-than-temporary impairments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_OtherComprehensiveIncomeUnrealizedHoldingGainLossArisingDuringPeriodOnSecuritiesWithOtherThanTemporaryImpairmentLossesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComprehensiveIncomeNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831223<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e557-108580<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComprehensiveIncomeNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a-c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6450520&amp;loc=d3e32583-110901<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32022-110900<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 18<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32157-110900<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32022-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 20<br> -Section 35<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=6939497&amp;loc=d3e30304-110892<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit), before reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 30<br> -Section 45<br> -Paragraph 20<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=64808268&amp;loc=d3e32211-110900<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of other comprehensive income (loss) attributable to parent entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=64809438&amp;loc=SL4573702-111684<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569616-111683<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=68079674&amp;loc=SL4569643-111683<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e689-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e689-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) of reclassification adjustment from accumulated other comprehensive income for unrealized gain (loss) realized upon the sale of available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=73527792&amp;loc=d3e27357-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before tax and reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e637-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax expense (benefit) before reclassification adjustments of unrealized holding gain (loss) on available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=d3e640-108580<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10A<br> -Subparagraph (e,f)<br> -URI http://asc.fasb.org/extlink&amp;oid=66004124&amp;loc=SL7669646-108580<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp7031053456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule II - Condensed Statements Of Cash Flows (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
<td class="nump">$ 248<span></span>
</td>
<td class="nump">$ 318<span></span>
</td>
<td class="nump">$ 353<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating expenses paid</a></td>
<td class="num">(130)<span></span>
</td>
<td class="num">(134)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
<td class="num">(155)<span></span>
</td>
<td class="num">(139)<span></span>
</td>
<td class="num">(169)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="num">(630)<span></span>
</td>
<td class="num">(140)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
<td class="num">(1,811)<span></span>
</td>
<td class="num">(2,661)<span></span>
</td>
<td class="num">(2,146)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
<td class="nump">2,256<span></span>
</td>
<td class="nump">2,412<span></span>
</td>
<td class="nump">1,145<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
<td class="nump">568<span></span>
</td>
<td class="nump">680<span></span>
</td>
<td class="nump">800<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment', window );">Purchases of investments at fair value</a></td>
<td class="num">(263)<span></span>
</td>
<td class="num">(199)<span></span>
</td>
<td class="num">(390)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment', window );">Sales, paydowns and maturities of investments at fair value</a></td>
<td class="nump">326<span></span>
</td>
<td class="nump">260<span></span>
</td>
<td class="nump">551<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(125)<span></span>
</td>
<td class="nump">525<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
<td class="num">(64)<span></span>
</td>
<td class="num">(44)<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from counterparties</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">49<span></span>
</td>
<td class="num">(31)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities', window );">Other investing</a></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="nump">47<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
<td class="nump">1,202<span></span>
</td>
<td class="nump">2,424<span></span>
</td>
<td class="nump">817<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
<td class="nump">17<span></span>
</td>
<td class="nump">19<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
<td class="num">(84)<span></span>
</td>
<td class="num">(85)<span></span>
</td>
<td class="num">(116)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Principal paydowns of long-term debt</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
<td class="num">(330)<span></span>
</td>
<td class="num">(110)<span></span>
</td>
<td class="num">(304)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
<td class="num">(611)<span></span>
</td>
<td class="num">(2,544)<span></span>
</td>
<td class="num">(1,015)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
<td class="num">(41)<span></span>
</td>
<td class="num">(262)<span></span>
</td>
<td class="num">(260)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
<td class="nump">187<span></span>
</td>
<td class="nump">522<span></span>
</td>
<td class="nump">782<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashIncludingDiscontinuedOperations', window );">Reclassification to assets held for sale</a></td>
<td class="nump">0<span></span>
</td>
<td class="num">(73)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
<td class="nump">146<span></span>
</td>
<td class="nump">187<span></span>
</td>
<td class="nump">522<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(1,605)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="nump">106<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
<td class="num">(106)<span></span>
</td>
<td class="num">(84)<span></span>
</td>
<td class="num">(105)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
<td class="num">(59)<span></span>
</td>
<td class="nump">282<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
<td class="nump">940<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
<td class="num">(12)<span></span>
</td>
<td class="nump">38<span></span>
</td>
<td class="nump">39<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
<td class="nump">975<span></span>
</td>
<td class="nump">198<span></span>
</td>
<td class="num">(234)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="num">(630)<span></span>
</td>
<td class="num">(140)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember', window );">Parent Company [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromFeesReceived', window );">Fees and reimbursements received</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromInterestAndDividendsReceived', window );">Investment income received</a></td>
<td class="nump">141<span></span>
</td>
<td class="nump">144<span></span>
</td>
<td class="nump">142<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForOperatingActivities', window );">Operating expenses paid</a></td>
<td class="num">(27)<span></span>
</td>
<td class="num">(18)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of interest converted to principal</a></td>
<td class="num">(78)<span></span>
</td>
<td class="num">(84)<span></span>
</td>
<td class="num">(88)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income taxes (paid) received</a></td>
<td class="nump">26<span></span>
</td>
<td class="nump">73<span></span>
</td>
<td class="nump">108<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="nump">62<span></span>
</td>
<td class="nump">119<span></span>
</td>
<td class="nump">138<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities', window );">Purchases of available-for-sale investments</a></td>
<td class="num">(164)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
<td class="num">(606)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities', window );">Sales of available-for-sale investments</a></td>
<td class="nump">172<span></span>
</td>
<td class="nump">165<span></span>
</td>
<td class="nump">325<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities', window );">Paydowns and maturities of available-for-sale investments</a></td>
<td class="nump">152<span></span>
</td>
<td class="nump">90<span></span>
</td>
<td class="nump">186<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment', window );">Purchases of investments at fair value</a></td>
<td class="num">(70)<span></span>
</td>
<td class="num">(57)<span></span>
</td>
<td class="num">(144)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment', window );">Sales, paydowns and maturities of investments at fair value</a></td>
<td class="nump">71<span></span>
</td>
<td class="nump">58<span></span>
</td>
<td class="nump">171<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromShortTermInvestments', window );">Sales, paydowns and maturities (purchases) of short-term investments, net</a></td>
<td class="num">(34)<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">232<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities', window );">(Payments) proceeds for derivative settlements</a></td>
<td class="num">(30)<span></span>
</td>
<td class="num">(37)<span></span>
</td>
<td class="nump">43<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties', window );">Collateral (to) from counterparties</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">52<span></span>
</td>
<td class="num">(31)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ContributionsToSubsidiaries', window );">Contributions to subsidiaries, net</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdvancesToSubsidiaries', window );">Advances to subsidiaries, net</a></td>
<td class="num">(3)<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities', window );">Other investing</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations', window );">Net cash provided (used) by investing activities</a></td>
<td class="nump">86<span></span>
</td>
<td class="nump">133<span></span>
</td>
<td class="nump">216<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt', window );">Proceeds from investment agreements</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfOtherLongTermDebt', window );">Principal paydowns of investment agreements</a></td>
<td class="num">(81)<span></span>
</td>
<td class="num">(80)<span></span>
</td>
<td class="num">(111)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfDebt', window );">Proceeds from long-term debt</a></td>
<td class="nump">127<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Principal paydowns of long-term debt</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfRelatedPartyDebt', window );">Payments for affiliate loans</a></td>
<td class="num">(156)<span></span>
</td>
<td class="num">(111)<span></span>
</td>
<td class="num">(103)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Purchases of treasury stock</a></td>
<td class="num">(65)<span></span>
</td>
<td class="num">(108)<span></span>
</td>
<td class="num">(234)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockPlans', window );">Restricted stock awards settlements</a></td>
<td class="nump">11<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations', window );">Net cash provided (used) by financing activities</a></td>
<td class="num">(149)<span></span>
</td>
<td class="num">(275)<span></span>
</td>
<td class="num">(419)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations', window );">Effect of exchange rate changes on cash and cash equivalents</a></td>
<td class="num">(2)<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net increase (decrease) in cash and cash equivalents</a></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(22)<span></span>
</td>
<td class="num">(65)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - beginning of year</a></td>
<td class="nump">13<span></span>
</td>
<td class="nump">35<span></span>
</td>
<td class="nump">100<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents - end of year</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract', window );"><strong>Reconciliation of net income (loss) to net cash provided (used) by operating activities: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="num">(1,605)<span></span>
</td>
<td class="num">(338)<span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_ChangeInAbstract', window );"><strong>Change in: [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties', window );">Intercompany accounts receivable</a></td>
<td class="num">(22)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable', window );">Current income taxes</a></td>
<td class="nump">48<span></span>
</td>
<td class="nump">78<span></span>
</td>
<td class="nump">109<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_EquityInNetIncomeLossOfSubsidiaries', window );">Equity in earnings of subsidiaries</a></td>
<td class="nump">1,024<span></span>
</td>
<td class="nump">262<span></span>
</td>
<td class="num">(189)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
<td class="nump">118<span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_NetOtherThanTemporaryImpairments', window );">Net investment losses related to other-than-temporary impairments</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange', window );">Net (gains) losses on financial instruments at fair value and foreign exchange</a></td>
<td class="nump">34<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="num">(59)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses', window );">Other net realized (gains) losses</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="num">(21)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax provision (benefit)</a></td>
<td class="nump">485<span></span>
</td>
<td class="num">(20)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt', window );">(Gains) losses on extinguishment of debt</a></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherNoncashIncomeExpense', window );">Other operating</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities', window );">Total adjustments to net income (loss)</a></td>
<td class="nump">1,667<span></span>
</td>
<td class="nump">457<span></span>
</td>
<td class="num">(42)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations', window );">Net cash provided (used) by operating activities</a></td>
<td class="nump">$ 62<span></span>
</td>
<td class="nump">$ 119<span></span>
</td>
<td class="nump">$ 138<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AdjustmentGainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_AdvancesToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Advances to subsidiaries net of advances returned by subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_AdvancesToSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ChangeInAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ChangeInAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ContributionsToSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Contributions to subsidiaries net of capital returned by subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ContributionsToSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_EquityInNetIncomeLossOfSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Equity in net income (loss) of subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_EquityInNetIncomeLossOfSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase Decrease In Net Gains Losses On Financial Instruments At Fair Value And Foreign Exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInNetGainsLossesOnFinancialInstrumentsAtFairValueAndForeignExchange</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase decrease in other net Realized Gains Losses</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_IncreaseDecreaseInOtherNetRealizedGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_NetOtherThanTemporaryImpairments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Net Other Than Temporary Impairments</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_NetOtherThanTemporaryImpairments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reconciliation of net income loss to net cash provided used by operating activities [abstract]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_ReconciliationOfNetIncomeLossToNetCashProvidedUsedByOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The sum of adjustments which are added to or deducted from net income or loss, including the portion attributable to noncontrolling interest, to reflect cash provided by or used in operating activities, in accordance with the indirect cash flow method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49171198&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.9-06)<br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashIncludingDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Includes cash within disposal group or discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashIncludingDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Deferred Tax Expense (or Benefit)<br> -URI http://asc.fasb.org/extlink&amp;oid=63044130<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65882285&amp;loc=d3e32639-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=34349781&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash balances in continuing operations held in foreign currencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49171198&amp;loc=d3e33268-110906<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaidNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxesPaidNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseCashCollateralFromCounterparties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amount of cash held either as collateral directly or provided to third parties associated with derivative instruments. Upon the occurrence of any specified triggering event or condition associated with the derivative, these amounts can be utilized to recover all or a portion of the amounts due or payable under the derivative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseCashCollateralFromCounterparties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amount due to the reporting entity for good and services provided to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management, an entity and its principal owners, management, member of their immediate families, affiliates, or other parties with the ability to exert significant influence.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsReceivableRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaidNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid for interest during the period net of cash paid for interest that is capitalized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPaidNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 26<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3574-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3521-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Net Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831255<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 225<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(18))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Other Comprehensive Income<br> -URI http://asc.fasb.org/extlink&amp;oid=51831270<br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 225<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(20))<br> -URI http://asc.fasb.org/extlink&amp;oid=63488584&amp;loc=d3e20235-122688<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherNoncashIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherNoncashIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total amount of cash paid for operating activities during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (d)-(g)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash outflow or inflow from derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromOtherInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash (inflow) outflow from investing activities classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3098-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3095-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromOtherInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForProceedsFromShortTermInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net amount paid (received) by the reporting entity through acquisition or sale and maturities of short-term investments with an original maturity that is three months or less which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3098-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3095-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForProceedsFromShortTermInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to reacquire common stock during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForRepurchaseOfCommonStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire debt and equity securities not classified as either held-to-maturity securities or trading securities which would be classified as available-for-sale securities and reported at fair value, with unrealized gains and losses excluded from earnings and reported in a separate component of shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3213-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire securities classified as trading securities and held for investment purposes. Excludes payments for trading securities purchased and held principally for the purpose of selling them in the near term (thus held for only a short period of time).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromFeesReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash received for fees during the current period. This element excludes cash proceeds from license fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromFeesReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromInterestAndDividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash received for dividends and interest on the entity's equity and debt investments during the current period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromInterestAndDividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow from issuance of long-term debt classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with maturities (principal being due), prepayments and calls (requests of early payments) on securities not classified as either held-to-maturity securities or trading securities which are classified as available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Investing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=66010992&amp;loc=d3e26853-111562<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 12<br> -Subparagraph (a),(b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3179-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the sale of securities classified as trading securities and held for investment purposes. Excludes proceeds from trading securities purchased and held principally for the purpose of selling them in the near term (thus held for only a short period of time).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromStockPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the amount received from the stock plan during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3255-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ProceedsFromStockPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfOtherLongTermDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for the payment of debt classified as other, maturing after one year or the operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfOtherLongTermDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfRelatedPartyDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3291-108585<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Financing Activities<br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RepaymentsOfRelatedPartyDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=us-gaap_ParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=us-gaap_ParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6917294288">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule II - (Notes to Condensed Financial Statements) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
<th class="th"><div>Dec. 31, 2014</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
<td class="nump">$ 353<span></span>
</td>
<td class="nump">$ 416<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
<td class="nump">237<span></span>
</td>
<td class="nump">276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and money market securities pledged as collateral under investment agreements</a></td>
<td class="nump">146<span></span>
</td>
<td class="nump">187<span></span>
</td>
<td class="nump">$ 522<span></span>
</td>
<td class="nump">$ 782<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember', window );">National Public Finance Guarantee Holdings, Inc. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_SeniorNotesPurchasedAtParValue', window );">Senior notes purchased at par value</a></td>
<td class="nump">129<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
<td class="nump">118<span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="nump">114<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember', window );">Trifinium Holdings Limited [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember', window );">MBIA Services Corporation [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries', window );">Dividends from subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=mbi_MbiaIncMember', window );">MBIA Inc. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue', window );">Fair value of securities pledged as collateral</a></td>
<td class="nump">350<span></span>
</td>
<td class="nump">394<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeCollateralRightToReclaimSecurities', window );">Securities posted as collateral to derivative counterparties</a></td>
<td class="nump">$ 237<span></span>
</td>
<td class="nump">276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_SecuritiesPledgedAsCollateralMember', window );">Fair Value Of The Collateral Pledged By MBIA Inc [Member] | MBIA Inc. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShortTermInvestments', window );">Money market securities pledged as collateral under investment agreements</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_SeniorNotesPurchasedAtParValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Senior Notes purchased at par value during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_SeniorNotesPurchasedAtParValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash<br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=28358313&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=66902209&amp;loc=d3e3044-108585<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Glossary Cash Equivalents<br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents disclosure of the aggregate cash dividends paid to the entity by consolidated subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04.(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=26873400&amp;loc=d3e24072-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.9-06)<br> -URI http://asc.fasb.org/extlink&amp;oid=6882215&amp;loc=d3e537971-122884<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashDividendsPaidToParentCompanyByConsolidatedSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeCollateralRightToReclaimSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of right to receive securities collateral under master netting arrangements that have not been offset against derivative liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 55<br> -Paragraph 13<br> -URI http://asc.fasb.org/extlink&amp;oid=51825145&amp;loc=SL20226016-175313<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (d)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=51824906&amp;loc=SL20225862-175312<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeCollateralRightToReclaimSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value of financial instrument held by the entity for its own account (proprietary securities) for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 860<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1A<br> -Subparagraph (b)(1)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=64858031&amp;loc=SL6224234-111729<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 860<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=66007379&amp;loc=d3e113888-111728<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SecurityOwnedAndPledgedAsCollateralFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShortTermInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(1)(g))<br> -URI http://asc.fasb.org/extlink&amp;oid=6879938&amp;loc=d3e572229-122910<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=6876686&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ShortTermInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_NationalPublicFinanceGuaranteeHoldingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_TrifiniumHoldingsLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaServicesCorporationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=mbi_MbiaIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=mbi_MbiaIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DerivativeInstrumentRiskAxis=us-gaap_SecuritiesPledgedAsCollateralMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DerivativeInstrumentRiskAxis=us-gaap_SecuritiesPledgedAsCollateralMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>133
<FILENAME>R119.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.8.0.1</span><table class="report" border="0" cellspacing="2" id="idp6900942368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Schedule IV - (Reinsurance) (Detail) - USD ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Dec. 31, 2016</div></th>
<th class="th"><div>Dec. 31, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract', window );"><strong>Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DirectPremiumsWritten', window );">Direct Amount</a></td>
<td class="num">$ (1)<span></span>
</td>
<td class="nump">$ 37<span></span>
</td>
<td class="nump">$ 11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CededPremiumsWritten', window );">Ceded to Others</a></td>
<td class="num">(1)<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssumedPremiumsWritten', window );">Assumed From Other Companies</a></td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PremiumsWrittenNet', window );">Net Amount</a></td>
<td class="num">$ (2)<span></span>
</td>
<td class="nump">$ 36<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet', window );">Percentage of Amount Assumed to Net</a></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Premiums Written Financial Guarantee Insurance Contracts Percentage Of Amount Assumed To Net</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mbi_PremiumsWrittenFinancialGuaranteeInsuranceContractsPercentageOfAmountAssumedToNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mbi_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssumedPremiumsWritten">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of written premiums assumed from other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(2),(c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AssumedPremiumsWritten</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CededPremiumsWritten">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of written premiums ceded to other entities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CededPremiumsWritten</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DirectPremiumsWritten">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before premiums ceded to other entities and premiums assumed by the entity, of premiums written.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DirectPremiumsWritten</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PremiumsWrittenNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after premiums ceded to other entities and premiums assumed by the entity, of premiums written.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 605<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6486672&amp;loc=d3e27261-158547<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PremiumsWrittenNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalScheduleOfReinsurancePremiumsForInsuranceCompaniesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>134
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
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M_O"["?O.NKW[Q\970=7 K[M07U!+ P04    " #RAF%,F5R<(Q &  "<)P
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MB57"_'NGFY"L'JRHI=3DK7^6C7EV_9<$#S28@ <"'@DX_I00#81H)*#/"?%
MB#\(B8E6[XJ)S9Y(LEYRUGF\W]Z6Z"Q"S[&*_DE/FF";;RH\0LW>U^$RN&LS
M V+;(_ $@49$H&R/ A@2V&*'CA\%=BXB>D3L740,+R$"?8P,/9K0$Y@>@_38
MT.,)/;5"Y"(R6" !!1*'GEL"+F(!"Z2@0.K0D;W+ &1FFS-0(G/YUCYO>TAB
M($V?"2&:"50.BN2NB)4JVQZ23B$SN;( )1:N1&)) ) 4ED A7'.A:R&SJP[
MY#,J,Y6-7 L+6P4Y>Y*C.,EGZ@.!);Y!V%'"SBD"8&82#,%5C"+7@IUB$"::
M48&+';FUC&/KP!HP#U'+LS2*LSDMN.Z16];83C8(,Y=M</$CM[2QE6W[ 9--
M/$(H5K\(AS,5BN!S +D' ;9/,P@SYQ-\$"#W),!.;KN8*+14@LDU65-^-2V(
M\$[LUIC^9S([MCD;<_,''_"^1_I!^+5LA'=D4EW6YDJ],":I6DKXI#:Q4&W9
M.*CH1>K73+WSOC?I!Y*U0]\5C,W?^C]02P,$%     @ \H9A3)3Z;R*/!0
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M]_&AJ_>G"_SD_+\(YO\!4$L#!!0    ( /*&84RL>R]7&@,  %P-   8
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M:4PUB,:4@Q DZD$ 4@M"A*V QI2$:$Q-"$"B* 08K2I$V'CH?]2%''8"AYR
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M[2F^O='JT/U#X?5_DRS^ U!+ P04    " #RAF%,%<L83GD%  #Q'0  &
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M!Y!FR.B&7AR/;=WXX&!YVHD:?H#_V1TM6FQF*5L%VK5&$PM51N\V^\,NQ,>
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MT(>73?UO$#T$*;N;,$)=^&"+H:#Q\?@FG.TT9I/AL9]_$%N^<?D34$L#!!0
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M4_]K:P.@E,T=CE"+'VPV%-0A'@]X=N.8C4:PW?2#V/R-BY]02P,$%     @
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M\3V>[31FD^%-/_\@MGSCXA=02P,$%     @ \H9A3"EL\#6S 0  T@,  !D
M  !X;"]W;W)K<VAE971S+W-H965T,3DN>&UL?5-AC]0@$/TKA!]P=-D][[)I
MF]R>,9IHLCFC?F;;:4L.F IT>_Y[@?9JU>H78(9Y;]X,0SZB?78=@"<O6AE7
MT,[[_LB8JSK0PMU@#R;<-&BU\,&T+7.]!5$GD%:,9]D;IH4TM,R3[VS+' >O
MI(&S)6[06M@?)U X%G1'7QU/LNU\=+ R[T4+G\%_Z<\V6&QAJ:4&XR0:8J$I
MZ,/N>#K$^!3P5<+H5F<2*[D@/D?C0UW0+ H"!96/#")L5W@$I2)1D/%]YJ1+
MR@A<GU_9WZ7:0RT7X> 1U3=9^ZZ@]Y34T(A!^2<<W\-<SRTE<_$?X0HJA$<E
M(4>%RJ655(/SJ&>6($6+EVF7)NWC=,/O9M@V@,\ O@#N4QXV)4K*WPHORMSB
M2.S4^U[$)]X=>>A-%9VI%>DNB'?!>RWY;9:S:R2:8TY3#%_%[)8(%MB7%'PK
MQ8G_!>?;\/VFPGV"[W]3^(_\ATV"0R(X_+?$K9@_5;)53S78-DV3(Q4.)DWR
MRKL,[ -/;_(K?)KV3\*VTCAR01]>-O6_0?00I&0W882Z\,$60T'CX_$NG.TT
M9I/AL9]_$%N^<?D34$L#!!0    ( /*&84QAZH5[M $  -(#   9    >&PO
M=V]R:W-H965T<R]S:&5E=#(P+GAM;'U3VV[<(!#]%<0'A%WLI-'*MI1-5"52
M*ZU2M7UF[;&- AX'\#K]^P)V7*MU\P+,<,Z9"T,VHGFQ+8 C;UIU-J>M<_V!
M,5NVH(6]PAXZ?U.CT<)YTS3,]@9$%4E:,;[;W3 M9$>++/I.ILAP<$IV<#+$
M#EH+\^L("L><[NF[XUDVK0L.5F2]:. ;N._]R7B++2J5U-!9B1TQ4.?T;G\X
MI@$? 3\DC'9U)J&2,^)+,)ZJG.Y"0J"@=$%!^.T"]Z!4$/)IO,Z:= D9B.OS
MN_KG6+NOY2PLW*/Z*2O7YO26D@IJ,2CWC.,CS/5<4S(7_P4NH#P\9.)CE*AL
M7$DY6(=Z5O&I:/$V[;*+^SC=<#[3M@E\)O"%<!OCL"E0S/Q!.%%D!D=BIM[W
M(CSQ_L!];\K@C*V(=SYYZ[V7@E\G&;L$H1ESG#!\A=DO".;5EQ!\*\21_T/G
MV_1D,\,DTI,U/?E/_'13((T"Z8<E;F'2OX*P54\UF"9.DR4E#EV<Y)5W&=B[
M^(CL#WR:]J_"-+*SY(S.OVSL?XWHP*>RN_(CU/H/MA@*:A>.G_S93&,V&0[[
M^0>QY1L7OP%02P,$%     @ \H9A3#V_QQ&T 0  T@,  !D   !X;"]W;W)K
M<VAE971S+W-H965T,C$N>&UL?5/M;ML@%'T5Q .4A"1=%=F6FE;3)FU2U&GK
M;V)?VZC ]0#'W=L/L.M:F[<_P+V<<^X'EVQ ^^): $]>M3(NIZWWW9$Q5[:@
MA;O!#DRXJ=%JX8-I&^8Z"Z)*)*T8WVQNF1;2T")+OK,M,NR]D@;.EKA>:V%_
MG4#AD-,M?7,\R:;UT<&*K!,-? /_O3O;8+%9I9(:C)-HB(4ZI_?;XVD?\0GP
M0\+@%F<2*[D@OD3C<Y7334P(%)0^*HBP7>$!E(I"(8V?DR:=0T;B\ORF_C'5
M'FJY" </J)YEY=N<WE%202UZY9]P^ 13/0=*IN*_P!54@,=,0HP2E4LK*7OG
M44\J(14M7L==FK0/XPWG$VV=P"<"GPEW*0X; Z7,'X47169Q(';L?2?B$V^/
M//2FC,[4BG07DG?!>RWXX9"Q:Q2:,*<1PQ>8[8Q@07T.P=="G/A?=+Y.WZUF
MN$OTW9*^^T?\_:K /@GL_UOB&N;VCR!LT5,-MDG3Y$B)O4F3O/#. WN?'I&]
MP\=I_RIL(XTC%_3A95/_:T0/(97-31BA-GRPV5!0^WC\$,YV'+/1\-A-/XC-
MW[CX#5!+ P04    " #RAF%,6YH7[K<!  #2 P  &0   'AL+W=O<FMS:&5E
M=',O<VAE970R,BYX;6QM4V%OVR 0_2N('U <DK999%MJ6E6;M$E1IVV?B7VV
M4<%X@./NW^_ CN=V_@+<<>_=N^-(!V-?70/@R9M6K<MHXWUW8,P5#6CA;DP'
M+=Y4QFKAT;0U<YT%44:05HPGR1W30K8T3Z/O9//4]%[)%DZ6N%YK8?\<09DA
MHQMZ=;S(NO'!P?*T$S5\!_^C.UFTV,Q22@VMDZ8E%JJ,/FP.QUV(CP$_)0QN
M<2:ADK,QK\'X4F8T"8) 0>$#@\#M H^@5"!"&;\G3CJG#,#E^<K^'&O'6L["
MP:-1OV3IFXSN*2FA$KWR+V;X#%,]MY1,Q7^%"R@,#THP1V&4BRLI>N>-GEA0
MBA9OXR[;N _CS?8*6P?P"<!GP#X"V)@H*G\27N2I-0.Q8^\[$9YX<^#8FR(X
M8ROB'8IWZ+WD_/8^99= -,4<QQB^B-G,$0S9YQ1\+<61_P?GZ_#MJL)MA&_?
M*=RO$^Q6"7:18/>.X-.'$E=B[I(/2=BBIQIL':?)D<+T;9SDA7<>V <>W^1?
M^#CMWX2M9>O(V7A\V=C_RA@/*"6YP1%J\(/-AH+*A^,]GNTX9J/A33?](#9_
MX_PO4$L#!!0    ( /*&84S#1V^0M@$  -(#   9    >&PO=V]R:W-H965T
M<R]S:&5E=#(S+GAM;'53VV[<(!#]%<0'A%W6N6AE6\JFBEJID5:)VCZS]OBB
M .,"7B=_'\".XZ3N"S##G#-GAB$=T#S;!L"1%R6US6CC7+=GS!8-*&$OL /M
M;RHT2CAOFIK9SH H(TA)QC>;*Z9$JVF>1M_1Y"GV3K8:CH;87BEA7@\@<<CH
MEKX['MNZ<<'!\K03-3R!^]4=C;?8S%*V"K1M41,#549OM_M#$N)CP.\6!KLX
MDU#)"?$Y&#_*C&Z"()!0N, @_':&.Y R$'D9?R=..J<,P.7YG?T^UNYK.0D+
M=RC_M*5K,GI#20F5Z*5[Q.$[3/5<4C(5_Q/.('UX4.)S%"AM7$G16X=J8O%2
ME'@9]U;'?1AODNL)M@[@$X#/@)N8AXV)HO)OPHD\-3@0,_:^$^&)MWON>U,$
M9VQ%O//BK?>><WZU3=DY$$TQAS&&+V(^(IAGGU/PM10'_@^<K\-WJPIW$;[[
MI/ _!,DJ01()DD\$NR\EKL4D7Y*P14\5F#I.DR4%]CI.\L([#^PMCV_R$3Y.
M^X,P=:LM.:'S+QO[7R$Z\%(V%WZ$&O_!9D-"Y<+QVI_-.&:CX;";?A";OW'^
M!E!+ P04    " #RAF%,11*'&;<!  #2 P  &0   'AL+W=O<FMS:&5E=',O
M<VAE970R-"YX;6QM4V%OVR 0_2N('U 2XJ919%MJ6E6;M$E1IVV?B7VV4<'G
M 8Z[?S_ KNMV_@+<<>_=N^-(!S0OM@%PY%6KUF:T<:X[,F:+!K2P-]A!ZV\J
M-%HX;YJ:V<Z *"-(*\8WFSW30K8T3Z/O;/(4>Z=D"V=#;*^U,']/H'#(Z):^
M.9YEW;C@8'G:B1I^@/O9G8VWV,Q22@VME=@2 U5&[[?'4Q+B8\ O"8-=G$FH
MY(+X$HRO948W01 H*%Q@$'Z[P@,H%8B\C#\3)YU3!N#R_,;^%&OWM5R$A0=4
MOV7IFHP>*"FA$KURSSA\@:F>6TJFXK_!%90/#TI\C@*5C2LI>NM03RQ>BA:O
MXR[;N _C39),L'4 GP!\!AQB'C8FBLH?A1-Y:G @9NQ])\(3;X_<]Z8(SMB*
M>.?%6^^]YGQ_F[)K()IB3F,,7\1LYPCFV><4?"W%B?\'Y^OPW:K"783O/BC<
MKQ,DJP1))$@^$-Q]*G$MYO I"5OT5(.IXS194F#?QDE>>.>!O>?Q3=[#QVG_
M+DPM6TLNZ/S+QOY7B Z\E,V-'Z'&?[#94%"Y<+SS9S..V6@X[*8?Q.9OG/\#
M4$L#!!0    ( /*&84P880A!MP$  -(#   9    >&PO=V]R:W-H965T<R]S
M:&5E=#(U+GAM;&U3VV[<(!#]%<0'!)O=9-.5;2F;JFJE5EJE:OO,VN.+ HP+
M>)W^?0$[KIOX!9AASIDSPY"-:)YM"^#(BY+:YK1UKC\R9LL6E+ WV(/V-S4:
M)9PW3<-L;T!4$:0DXTERQY3H-"VRZ#N;(L/!R4[#V1 [*"7,GQ-(''.:TE?'
M4]>T+CA8D?6B@>_@?O1GXRVVL%2= FT[U,1 G=.']'C:A_@8\+.#T:[.)%1R
M07P.QI<JITD0!!)*%QB$WZ[P"%(&(B_C]\Q)EY0!N#Z_LG^*M?M:+L+"(\I?
M7>7:G-Y34D$M!NF></P,<SVWE,S%?X4K2!\>E/@<)4H;5U(.UJ&:6;P4)5ZF
MO=-Q'Z>;W6&&;0/X#. +X#[F85.BJ/RC<*+(#([$3+WO17CB],A];\K@C*V(
M=UZ\]=YKP>\^9.P:B.:8TQ3#5S'I$L$\^Y*";Z4X\7=PO@W?;2K<1?AN#3\D
MVP3[38)])-C_1Y"^*7$KYJU*MNJI M/$:;*DQ$''25YYEX%]X/%-_H5/T_Y-
MF*;3EES0^9>-_:\1'7@IR8T?H=9_L,604+MP//BSF<9L,ASV\P]BRS<N_@)0
M2P,$%     @ \H9A3*WC5U.T 0  T@,  !D   !X;"]W;W)K<VAE971S+W-H
M965T,C8N>&UL?5/;;MP@$/T5Q >$7>PFT<JVE$T4I5(KK5*U?6;ML8T"'@?P
M.OW[ G9<JW7S LQPSID+0S:B>;$M@"-O6G4VIZUS_8$Q6[:@A;W"'CI_4Z/1
MPGG3-,SV!D0525HQOMM=,RUD1XLL^DZFR'!P2G9P,L0.6@OSZP@*QYSNZ;OC
M63:M"PY69+UHX!NX[_W)>(LM*I74T%F)'3%0Y_1N?SBF 1\!/R2,=G4FH9(S
MXDLP/E<YW86$0$'I@H+PVP7N0:D@Y--XG37I$C(0U^=W]<=8NZ_E+"S<H_HI
M*]?F]):2"FHQ*/>,XQ/,]7RB9"[^"UQ >7C(Q,<H4=FXDG*P#O6LXE/1XFW:
M91?W<;KA?*9M$_A,X OA-L9A4Z"8^8-PHL@,CL1,O>]%>.+]@?O>E,$96Q'O
M?/+6>R\%OTDR=@E",^8X8?@*LU\0S*LO(?A6B"/_A\ZWZ<EFADFD)VMZ\I_X
MZ:9 &@72#TO<PJ1_!6&KGFHP39PF2TH<NCC)*^\RL'?Q$=D?^#3M7X5I9&?)
M&9U_V=C_&M&!3V5WY4>H]1]L,134+AQO_-E,8S89#OOY!['E&Q>_ 5!+ P04
M    " #RAF%,_E)MS[<!  #2 P  &0   'AL+W=O<FMS:&5E=',O<VAE970R
M-RYX;6QM4V%OXR ,_2N('S!:VJU5E41:-TT[Z4ZJ=KK;9YHX"1K$&9!F]^\/
M2)9E6[X -G[/S\8D/9H76P,X\J958U-:.]<>&+-Y#5K8*VRA\3<E&BV<-TW%
M;&M %!&D%>.KU0W30C8T2Z+O9+($.Z=D R=#;*>U,/^.H+!/Z9J^.YYD5;O@
M8%G2B@I^@_O3GHRWV,122 V-E=@0 V5*;]>'XS;$QX"_$GH[.Y-0R1GQ)1@_
MBI2N@B!0D+O (/QV@3M0*A!Y&:\C)YU2!N#\_,[^$&OWM9R%A3M4S[)P=4KW
ME!10BDZY)^P?8:SGFI*Q^)]P >7#@Q*?(T=EXTKRSCK4(XN7HL7;L,LF[OUP
ML]F/L&4 'P%\ NQC'C8DBLKOA1-98K G9NA]*\(3KP_<]R8/SMB*>.?%6^^]
M9'QWG;!+(!ICCD,,G\6LIPCFV:<4?"G%D7^#\V7X9E'A)L(WGQ3>+!-L%PFV
MD6#[B6#WI<2EF/V7)&S64PVFBM-D28Y=$R=YYIT&]I;'-_D('Z;]ES"5;"PY
MH_,O&_M?(CKP4E97?H1J_\$F0T'IPG'GSV88L\%PV(X_B$W?./L/4$L#!!0
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M_F5C_RM$!SZ5Y,J/4.,_V&PHJ%PXWOBS&<=L-!QVTP]B\S?._P)02P,$%
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MH_XD55(:L*5L;FS#C7TJEH!#9=STUL[5=&&FP,A^?@O(\B#E[U!+ P04
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M?%HP.&D[3<Q<#GUL6&C1C3V:3#^*XB]02P,$%     @ \H9A3+I:IF;. 0
MG 0  !D   !X;"]W;W)K<VAE971S+W-H965T-# N>&UL=51M;]L@$/XKB!]0
M$IRX461;:CI-G;1)4:>MGXE]?E'!N(#C[M\/L..Z'OL2N//S<D<XDD&J5UT#
M&/0N>*M37!O3'0G1>0V"Z3O906N_E%()9FRH*J([!:SP),$)W6QB(EC3XBSQ
MN;/*$MD;WK1P5DCW0C#UYP1<#BG>XEOBN:EJXQ(D2SI6P4\PO[JSLA&958I&
M0*L;V2(%98H?ML=3[/ >\+N!02_VR'5RD?+5!=^*%&]<0< A-TZ!V>4*C\"Y
M$[)EO$V:>+9TQ.7^IO[5]VY[N3 -CY*_-(6I4WS J("2]=P\R^$)IG[V&$W-
M?X<K< MWE5B/7'+M?U'>:R/%I&)+$>Q]7)O6K\.D?Z.%"70BT!6!C$:^\B_,
ML"Q1<D!J//N.N;]X>Z3V;'*7]$?AO]GBM<U>L^A $W)U0A/F-&+H K.=$<2J
MSQ8T9'&B_]!IF!X%*XP\/5K2H__X[X(".R^P^]1BM&HQA-F%3?9!DWU 8+\R
M"6'BL$D<-(D# O<KDQ#FL#(AB]LA0%5^+C3*9=_ZF5QDY]%[H/YV?<#'N?W!
M5-6T&EVDL7?4WZ122@.VE,V=;;BV3\4<<"B-V][;O1H'9@R,[*:W@,P/4O87
M4$L#!!0    ( /*&84Q[)F1IZ0$  &4%   9    >&PO=V]R:W-H965T<R]S
M:&5E=#0Q+GAM;'54VVZ<,!#]%>0/B+GNDA4@95-5K=1*JU1MG[TP7!0;4]LL
MZ=_7-BQ%Q'G!]G N,X:9;.+B5;8 RGMCM)<Y:I4:3AC+L@5&Y ,?H-=O:BX8
M4?HH&BP' :2R)$9QZ/L'S$C7HR*SL8LH,CXJVO5P$9X<&2/B[QDHGW(4H'O@
MI6M:90*XR ;2P ]0/X>+T">\JE0=@UYVO/<$U#EZ"D[GU. MX%<'D]SL/5/)
ME?-7<_A:Y<@W"0&%4AD%HI<;/ .E1DBG\6?11*NE(6[W=_7/MG9=RY5(>.;T
M=U>I-D<I\BJHR4C5"Y^^P%)/@KRE^&]P ZKA)A/M47(J[=,K1ZDX6U1T*HR\
MS6O7VW5:].\T-R%<".&.@&<CF_DGHDB1"3YY8K[[@9A/')Q"?3>E"=JKL.]T
M\E)';T64/F;X9H06S'G&A!M,L"*P5E\M0I?%.7Q'#]WTR)EA9.G1EIY\X!\[
M!6(K$&\$XFA7X7M(].B[/1*G1^(0"'8F+LP'-W%PFAP< OM*7)C8;7)TFAP=
M LG.Q(4YN$U2ITGJ$#CN3%R8=&>"-[\Y ]'8!I=>R<?>#I=-=)TA3Z%MD__P
M>0!])Z+I>NE=N=+-9ENBYER!3L5_T)^NU3-O/5"HE=D>]5[,G3\?%!^6H8;7
MR5K\ U!+ P04    " #RAF%,XI-)2=\!   !!0  &0   'AL+W=O<FMS:&5E
M=',O<VAE970T,BYX;6QU5.MNVR 4?A7$ Q0'.W$;V9::3M,F;5+4:=UO8A]?
M5# >X+A[^P%V/2NC?PSG\%W.P4 V2?6J6P"#W@3O=8Y;8X8C(;IL03!])P?H
M[4HME6#&AJHA>E# *D\2G- H.A#!NAX7F<^=59')T?"NA[-">A2"J3\GX'+*
M\0Z_)YZ[IC4N08IL8 W\ /-S."L;D56EZ@3TNI,]4E#G^'%W/*4.[P$O'4QZ
M,T>NDXN4KR[X6N4X<@4!A](X!6:'*SP!YT[(EO%[T<2KI2-NY^_JGWWOMI<+
MT_ D^:^N,FV.[S&JH&8C-\]R^@)+/WN,EN:_P16XA;M*K$<IN?9?5([:2+&H
MV%($>YO'KO?C-*^DR4(+$^A"H"OAWON0V<A7_HD95F1*3DC->S\P]XMW1VKW
MIG1)OQ5^S1:O;?9:Q \/&;DZH05SFC%T@]FM"&+55PL:LCC1_^@T3(^#%<:>
M'F_I\0?^25 @\0+)1B")HIL60Y@/3/9!DWU @-Z8A#!QV.00-#D$!)(;DQ!F
M'S9)@R9I0.!P8Q+"I#<F9',$!:C&7SZ-2CGV_N)OLNO]?J3^"/^#SX_#=Z::
MKM?H(HV]"/ZXUE(:L*5$=W976_L>K0&'VKAI:N=JOI5S8.2P/#AD??6*OU!+
M P04    " #RAF%,]NF#?\,!   W!   &0   'AL+W=O<FMS:&5E=',O<VAE
M970T,RYX;6QU5.UNFS 4?17+#U #2;HN J2F5;5)JQ1UVO;;@0M8]0>U36C?
M?K8AC&7>G]CW<LZYY]J^R4>E7TT'8-&[X-(4N+.VWQ-BJ@X$-3>J!^F^-$H+
M:EVH6V)Z#;0.),%)EB2W1% F<9F'W%&7N1HL9Q*.&IE!"*H_#L#56. 47Q(O
MK.VL3Y R[VD+W\'^Z(_:1611J9D :9B22$-3X/MT?]AY? #\9#":U1[Y3DY*
MO?K@:UW@Q!L"#I7U"M0M9W@ SKV0L_$V:^*EI">N]Q?UI]"[Z^5$#3PH_HO5
MMBOP'48U-'3@]D6-7V#N9X?1W/PW. -W<._$U:@4-^$758.Q2LPJSHJ@[]/*
M9%C'6?]"BQ.RF9!=$<A4*#A_I):6N58CTM/9]]1?<;K/W-E4/AF.(GQSYHW+
MGLMM<I>3LQ>:,8<)DZTPZ8(@3GTID<5*'+)_Z%F<OHDZW 3Z9DW?_*?^-BJP
M#0+;OUK\?-5B!),F\2*[:)%=1""]*A+#7!\%65V< -V&)VM0I089QF657:;B
M/@L7_P<^C=0SU2V3!IV4=<\G7'*CE 5G);EQ7CHWQ4O H;%^^\GM]?26I\"J
M?AY3LOQ7E+\!4$L#!!0    ( /*&84R]6GZVWP$   $%   9    >&PO=V]R
M:W-H965T<R]S:&5E=#0T+GAM;&U4ZXZ<(!1^%<,#+,KH.)VHR<XV39NTR62;
MMK\9/5ZR(!9PW+Y] 5UK7?X(Y_!=SD$@FX1\42V #EXYZU6.6JV',\:J;(%3
M]2 &Z,U*+22GVH2RP6J00"M'X@R3,#QB3KL>%9G+7661B5&SKH>K#-3(.95_
M+L#$E*,(O26>NZ;5-H&+;* -? ?]8[A*$^%5I>HX]*H3?2"ASM%C=+ZD%N\
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MJ_DMSPLCAZ5-R?JO*#X!4$L#!!0    ( /*&84SJ7!F?N $  -(#   9
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MLQG';#0<=M,/8O,WSE\!4$L#!!0    ( /*&84Q)3F47M@$  -(#   9
M>&PO=V]R:W-H965T<R]S:&5E=#0W+GAM;'53VVZ<,!#]%<L?$(.A:;0"I&RJ
MJI%::96JS;,7!K#B"['-DOY];4,H2>B+[1G/.7-F/"XF;9YL#^#0BQ3*EKAW
M;C@08NL>)+-7>@#E;UIM)'/>-!VQ@P'61) 4A";)-9&,*UP5T7<R5:%')[B"
MDT%VE)*9/T<0>BIQBE\=#[SK77"0JAA8!S_!_1I.QEMD96FX!&6Y5LA 6^+;
M]'#,0WP,^,UALILS"I6<M7X*QGU3XB0( @&U"PS,;Q>X R$"D9?QO'#B-64
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M9VYO*G7H_@_P^C\EYG\!4$L#!!0    ( /*&84QG%Q+K@P(  "P*   9
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MP3;V ^>*:3S_2>-E^NK6+PIV4&8:Z[EH[R_M0O&ZNYMY_04Q_0]02P,$%
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M_J>ZU(D0#L*A^R#.9B5NNFF!X<3E-!%S.K3[8<%)-UYESG2?YG\!4$L#!!0
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M00P2Q(8@OB+(K2JTF,Q@:H.)0PNS=C%9?B.3!!22N$)P: EI,<D@R$-B8=8
M!J$$5I*"2E) ";*4I$Z4R-+A(E (J\A %1F@PMH]RPS(-;%T )@;U1B!.D:
M#BO7A8M!SB8:W:M'*Q6 Y+#4')2: U)C2T;NQK"JNG)IXMR6ZM(\X-PBVD!$
M-_H'"N$>%0(I)7:3"IVS%Z7V^01 PT-\+<9NF->S8*^;(_SY)E@ H 2G-U3
M'0]%GR_/ @ E.+L1!VZ,R.V,P]7KX@#M$]O]-QC<2!7E!_.:$-Z6G6JI3]W
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MI1X6:LS[)J>?2-;9!BX:NLC5/U!+ P04    " #RAF%,#)UWXQ($   N%
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METS5#CVH'792E[2Q4;&#[%X3]2[ZFTK?D/P\W,*"\2JX_ =02P,$%     @
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M&<.(M<Y@&DR$G3*8!C/%3B&1(J@SQ.WD$!G#B*7.8!A,A)TR& 83-@?#QG?
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M6.HFN)#T\$)"@"%I(H8$T4!VU  5A^V$4$."L"%&'@GAAJ0''!)"#DD3.B2
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M/)7V\%1*>"IMX:FF2 5&%@"JZ.DFTP0"J@H+VP2HTAZ@2@E0I2U U12I4,>
ML&W&U4>:JLIDED# %=T4C0!7V@-<*0&NM 6XFB(5N XBXHI5A_@?\%;9L3Q.
M>"OMX:V4\%;:Q%LI(*GL!WB1BGZ"5PENI0"WRO2I ,&MM >W4H);:0MN-44J
M8#C$6YF/^R(5_;RO$BY+ 9>5'4OEA,O2'BY+"9>ED,LR>TFBK9WJ1Z-0Q*YQ
MA,E2P&1EQU(Y8;*TA\E2PF0I9++L)ILV;YM[8+3#$QLP!,A2 &1E&B (D*4]
M0)82($LAD&7[Y:!ZO[%X</4R U0QTD$-DE6]3:P6K=7,5KE3I,J.I7:"9"E
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M+2&8J*FS"(6Y:P#>VH/7 *MA_@*=:P%?8_H:X+?V^+7(5BL^EJA1%^?$^$V
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M_&ZI"/!D;:$(X%8Z1D '-4 12=,Q CH;WZ4=IW<WIH#OQA?P':=W-Z: [Z"
M#Z&<*O*/(^'L[L94\!U4Y^)BU7'N=F/6^EW,2]4*IV5'::D.P6G9G9&6G?#&
MC$G+CNZ_BF8X+3M*2W^KL8/;#:(2[3DO>ZK-_53M3]TWW9\P2,3Y]IS=/17O
M?@KU\0(O&-(S 'JJW<4.3L_)W9]1N_><E?V8VKVG6PB^U^&B*[8T>L[<GC+7
M[QGW4+VK3N/4[:E\]P5/#^ZYX.4"C?*V]<R ?DR1WT,!KTZ9.=&/*. G?>2$
M*8^<,,E1>:X<7)6RMYU1H%LE3&G5B!+][E5U:M_JM,8%(TQI%5WI8S!@.0O!
MG-*X8(0MK8)ZH!%[&U8)-UE5GS-&G.W[S_]\C&##/?H8HTC=/;-*^, J\MT&
MNUE%KEK5DO!X5;1OYR]BKZIQ+0D+5T5Y'^QDU9^OW$ECRH)8"1-7-<;;\*HZ
M+E=B)HRO-DP9:=%)Z]>2AB99U9+RR(XI* P<L,&_!AIMV!4\0I=LF.E@@97S
M3WE@R02KS%.FK*MV#FR4X90<IQ$V9#D-_1(UHNXS93DESVD$ /A)U5+(E)V4
M_*31$ UFT7C:8#I5P0@:D:,T6J+)+AIP1"*9E )'9"H-19&1JU0T)!RC!I;1
M5MUP,N'VM'3&CH,)CZ:123.:G<& N2F#?,>02N:VL&D:^C2#R1@\F&&7&T5J
M2@BCIJ%3,_B,P889C<;DU92](Z"%9LU0_"3:8U1($IY.2X"D8)A]51UO:L=3
M!U4ESUV0BRRBP31K9/^,'025E+IF"HNHD4>T40\]"&^G'1R9XW)8.#(-+9DA
MA\%NV82. 9&RSIKP9!J9,N,3"^"XC(\L@$@^LR!LF8:^S "4?+*V>0T'1'JT
MU%- !+CP>%0&=D'_@$IWD$ <649CHH,=M(G/)8%(Y97PC!J91F.:@R,T]@Y@
MT&3O" R2<[21!Q'HRF=L[)IP<QK:.6.:P](M/+ %(K5E9L+S:63ZA+R"8BDL
M+$"D0"I,GT:NSYA58.G\H![W->'J-+)UQGRI 5W^O$&3U,:+,(A:37B+S_%!
M:1:& 41R& 3<R&PJ"2 \HE:?L[P3_DY#@V?(%C)OMF'!#ZI-2:-67L+D:>3R
MC E#-L^P! '1^Z=$73P"2F3V],^M35Y5?'?%-23 5=-S@S$W80%7XE#0'67E
MOS=A,#5RF(9'TPPLIG -)I5\.,V$%]7(C!JA F[4N@I]1*I6=9$PK1JY5B-7
MP+8:9RMY6^5L%>96(W=KHTI385VU<L;=,1.V4R/?:=PX E-I>)8$13(< 3IR
MG@9+_:OJY([N28T+1C"NT)VTP+A"^ K1P!/6*AI!.++#QDU6\,/"2)T4N7 $
M!]$W&Y]QCX0+]=M!\_Z]):I\$^9:(W=MHSI86&>M.>?.G/#%&AECXP0F9ZQB
MB+#&&GEC@QGT574TU.I:+QRTUI#')LR\YJ3)QK4D:$1.VSBIP$>K>T^ !JRT
M;9*O5E#O5CC#Y&["!VMDA(V5%+A<57$M7*Y&-M?P:+^!B57.%Y&-9&.-E_\&
MWB<C&A)>5VNIS@@3\Z!J3W3=U;LW5LV'Y=?=R[U6%_>+;\_K[;NAWGWZ]@:Q
M3VG[QBOW^=WVS6*[-V']<9C]:\G^.5U^?7I>77Q>K->+^<WVK5=?%HOUL FQ
M^FG3"8_#].'MC]GP9;W]=>NO7.[?!K;_8[UXN=F_ZNSJ[7UKM_\'4$L#!!0
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M/1_&T7"0K!M'K3?-^^T_4$L#!!0    ( /*&84Q:*H3X,@@  "@X   9
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M>/[% @QIA,6M@ D84BJ/ 1"0A1?76&FD"'N]4NJ.0 2B:[KN""07 B4#IF0
ME)3V?$8,M_B!PF/$2(HIA<?(49+3!32@L<*HCI@W,:7T&*>WA(U*AD8PM6)*
MZ3%.KXJ-2H9&,/MB2NDQ<J[QS@'E2:ES,/MB2O$1B'APQ>E)[*ADZ!8#,@)
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M;<>>J_+A_<6Z>FRZ/[N$:7_Z\M+I15/OEJ=O9BW>OQYV^Q]02P,$%     @
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M '8*8". 'P265J%Z3&HP39\T2JQJ[AP@'-IQYZ PQ(G;;^+TFS@"K]P""Z?
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M[1*S72*V^^7OL]W[HP)@#$%GA25!04D@^CN%)4&%2(+"DJ!@>^T6/T)YU:3
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MLB']>*!*,9XPH(3@2QDJ"--'9LY48[0H9 O- %*EQI\!J&) )4PJ)2'KAB,
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MX?0&H'AJ)H#9Q+=.6<SFO6LC9YCV;!;M$2I,'%LCP[1GLVC/$.U=9UCF^#1
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M?"G$4;6/B7ZN^\NX_D7)RW#1&(RWG>L?4$L#!!0    ( /*&84SIS2+4+@(
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MATAV@M&=)35UE,1Q%C6T:L-E:<?68EGRDZJKEJU%($]-0\6_>U;SRR)$X=O
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MJ]Z<&&^(5$-^1J+C0(Z&U% 4SV8I:DC=AD5N:GM>Y.PB:=W"G@?BTC2$_]T
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M,CQ0*HB4Z#_(<I[DV\6PJ,A!J-M4WK-NQ.X6@K;]ZX,WO,,L_P-02P,$%
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M<R]S:&5E=#DW+GAM;)57;6^;,!#^*X@?,/"9URJ)U!!-F[1)5:=MGVGB)*B
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M4%O!4'M&H$\QU!X*11O//S34PJ()3-.09*@#@#)^9T$J*\V+P#0-9*BM0.3
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MRN&9<FR]!=V[3[!;(GP-DB\AJ\ALPC<6ZBN^/S<1)F:!P"@0*('@OE.:R^T
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M0G*U1O].[<91-;SCH.![V;[&ZKWNN[Y^(,5IZ&B]L:U>_0-02P,$%     @
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M9%+(DB(68K! $,4T$T@S01X"@P: :&*I&?&QW'Q$--);CTHZ5 45 R!&558
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M-@P*MA/J-9'O37]UZ0>"U_I:Y@UWP_E_4$L#!!0    ( /*&84P5&-V;F@,
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M=60++]$GC#@6/':$ \ $QXBZ%0=P!&-"V<1BB4'M,:2=.=IC0#N6B'/N: >
M@B-[.=H!G!R!'G1+4+>$=#MR5M)+0VA"DE@ZLGT<^#%L?)S[,3PH3T#E":1<
M.,H[$":C5,F,<NZLJC6(2RC"R?UR3  4C&8(L1AV@1&\(2/(1^SNR!T*TT<C
M,4/WR]UR;APVXL@9B8F[U<) B3"9<#)QM&#(B72=8#^9+77L[D]K"(CI3.!$
MN/K!D#*1<D(_>&P]8P+I3US]!*QJ@CW] %#,B'#?T^8&Q",@GR$^(1X^[C %
MQ#/O8*?0.A>8>>)!H/_A;&#@U)?3.8E&S4JAJD/;"-;!5I]+TQSYH]FAV7PF
M3;/CS*^:)K1M@NYAN@[V>UH=LK(.7K6QK53;\.RU-LI*1C.[\1QMTSP,<K4W
MS6-LGZNN<^P&1I_ZKC@:6O/E?U!+ P04    " #RAF%,%S]3]O8"  !B"P
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M"-T17?V-6;3%MN]T>:1>/2T1(6@>GHRG7K3J1'@L&A2A=C_$P%",%9Z8X\L
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MF)1\I\PPU>.VZ_JZB1)-W]&&0UN]_ ]02P,$%     @ \H9A3-Q&C9F1 P
M6!   !H   !X;"]W;W)K<VAE971S+W-H965T,3 W+GAM;(V846^;,!#'OPKB
M?<%G@X$JB=2FF39IDZI-VYYIXB2H@#-PFN[;SQB:)O81TH<"YG?G_YV-K]?I
M4=8OS4X(Y;V51=7,_)U2^[L@:%8[46;-1.Y%I=]L9%UF2C_6VZ#9UR);&Z.R
M""@A/"BSO/+G4S/V5,^G\J"*O!)/M=<<RC*K_SV(0AYG/OCO S_R[4ZU \%\
MNL^VXJ=0O_9/M7X*3E[6>2FJ)I>55XO-S+^'NR4U!H;XG8MC<W;OM:$\2_G2
M/GQ=SWS2*A*%6*G61:8OKV(ABJ+UI'7\[9WZISE;P_/[=^^?3? ZF.>L$0M9
M_,G7:C?S$]];BTUV*-0/>?PB^H BW^NC_R9>1:'Q5HF>8R6+QOSV5H=&R;+W
MHJ64V5MWS2MS/?;^W\UP ]H;T%L-6&_ 3@; KQJ$O4'X81!>-8AZ@\@R"+K8
M33(?,Y7-I[4\>G6W'_99N^W@+M++M6H'S>J8=SJ?C1Y]G4,8T6GPVGKJH44'
MT7/H1 3:_6D.BLVQH(ZY-<&C2S +6;I(RG$1# V4&7MV&2C#/82HA]!X",\]
M0&AEJF-BPU2&^02<1%:X",588@7L0I 07&^$ZHU<O6%D"^Z@Z&P68HD=)98N
M,; R'-7),9U6RA;\IL0BE)M8%X(XQ 7'J. 8$\PO9WE ($BMH&(G<0!)R@A-
M[ \$(1DC!$AB1X>0G*6,,TCP&!,TQ@21;X6XZ)CD8DW8Q%Z3CDK/*3JQ]^'2
MI6!"!K91BBI.L0\\QCT P0]#<L,GWD-C6Q'#W+V(4(-?.0R<X'#+=]Y3US[T
M<62)( -K!&@IN >*B4ULL71<["BRO(I<BL5+!K!;3J:>&MT/"(;L!Y<:/)P
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M:% 8K/7'*GD.].)X 9C/@4&23($3\]&B^6C)_-8R;T#)*-5F%5F'X3 'Q:O
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M<]%,G<V#DJ=VHG:ZL7[Q%U!+ P04    " #RAF%,SJD-*-4"   X"P  &@
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M$W/@"2Q/L.A=2[WK,1&#Y0D6/9':HV*P/,&B)U)[5 R6)R ]XE0DL#TQ!Y_
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MC)J:Z5&AZ4-7GZ_/066WA[$V_P-02P,$%     @ \H9A3#EVF3]7!@  _B4
M !H   !X;"]W;W)K<VAE971S+W-H965T,3$T+GAM;)6:W6[;1A2$7T70?2+N
M+Y>!;:!27+1 "P0IVEXS-FT+D425HNWT[;N4:$$\,TNSOH@E978Y9[G\>#C6
MU6O=?#\\554[^['=[ [7\Z>VW7]:+ YW3]6V/'RL]]4N_L]#W6S+-KYM'A>'
M?5.5]\=!V\U"9YE?;,OU;GYS=?SL2W-S53^WF_6N^M+,#L_;;=G\NZPV]>OU
M7,W?/OBZ?GQJNP\6-U?[\K'ZHVK_W']IXKO%>9;[];;:'=;U;M94#]?SG]2G
M6^^Z 4?%7^OJ]7#Q>M:5\JVNOW=O?KV_GF>=HVI3W;7=%&7\]5*MJLVFFRGZ
M^*>?='X^9C?P\O7;[#\?BX_%?"L/U:K>_+V^;Y^NYV$^NZ\>RN=-^[5^_:7J
M"W+S65_];]5+M8GRSDD\QEV].1S_G=T]']IZV\\2K6S+'Z??Z]WQ]VL__]LP
M/D#W _1Y@+*C TP_P$P=8/L!=NH UP]P8L#B5/MQ,3^7;7ESU=2OL^:T'_9E
MM^W4)Q=/UUWWX?'L'/\OKN<A?OIRHYPIKA8OW4R]:'D2Z0N1'BI6J#!"\ADE
MA1]*;E&BG,W.HD6LY%R.IN7HXPQF.(/B,Q@Z@SG.8"\KL6(Y3I+\*-F=#F)%
M*2NB";E8$=0X+5;M%C5YT+P>2^NQ4,_%BI[J.4G<Q3&*K'"B(!0II8PLB:AL
M,)X;=M2P@U.8.H&>CO=8L!$%>W"IE5:B8!2I(B0JR:F3')V(55WF<)#<Y^+\
MK(@H%($["=1)P#5-C"_H^ (KD8PHP*0L8TPQ\* RCJH,7#BYE7O-X-0&*V$U
M+AIZ26!3H1<EO2@XC%&YW&94Y5,KPZFG-+K1THW&_8Q7.5'I/$NYX015B- (
M8?!CX$@?5"'M,)$. CI,Y<4ZWQ*13G!%<9(J1*F3MP:% /Q@E JR+B+3\:).
M^.&@5 []2+[TFB&0E9%V4&6TSA-N.'85<M<%Z0:92NXT1#6\U0SM</8JA&\.
M;4T.-U=K#9PK5#GK4I<$YZ\*X"8 N@*V#-+*F&3H@W-<(<@#8 LYK;+3C[0S
M03GLV3C8-8(]2%QH9+:T,RH9^N!0UPCU(%L'C;@&'V.2H8]$$XLXE_>P9:\9
MVRVCDJ$/#G*-( \2,!JQ:C.^729)A[XXB#6".'CI"PFK@\E57N22?EQ:A"+^
M)'QQ(&L$<I (U 3(A=;&."T?(9C4AGB74#[1O&F.9HUHCC=DDYB#\U3G_^/)
M2G,*:J1@G -V-D+.RR?2%1'EVB7<<!9J9*%L&I8:"2=O#T22>$@PG'X&Z1=7
M15YG!N&FK/1"1'%G)=QP!AID8'0CKRZ#B-,2E2LFRA,[UW 2&D)")6^<AG2V
MT@II:Q-&$JD HM##*4*^J4PV'2NFTC;Q]&$X  T"$$,*\B@NB<PTXBQ^[C67
M5YH1E=\2C4HQW7!V&F1GW'>Y+ J1J'4!99%VUN>IZX STR S96>X--BH@A72
MRV99R@I'K\%6UL/"8$:@)%E73)0EVFK#$6X0X1 G]9K!\CL-=$"5SU)AG^$(
M-P7F&HE;DN7PM0A?&;\L+5+59)(P3.137CAZ+:(7DBN+3'6Y;!S>$0V]</!:
M!&^\'.4%8!&K>2ZC82(JLM3*</I:FBC(QSE+GO!E0+DB(E^DUB:1J")]9=%+
M2WI*+:]')LH3+:?EV+2(36@=+(&F@GL!4P65()7ET+0>K\?$#=]RUEF2F<)Y
M1HQ!,6.2H0_..8N<@ZS1(L$P:WQ'-/3"*6>Q486LT6(72K)&JDIEC8X3TY$4
M5NY^1YI5S'F(*ITU.LY,1]M5\(- Q*R1BG1B^SJ.34>"6-F8.>0ABPB9+!T1
M.@Y.A^"$B-"1AA0C0J)*1X2.@].1 %7>4APRD30/1)5N'ESB[TR(3D@('4+1
M0;M)1#ZD5H:#TV&W&< +:27ER5P1D;:)1QW'$>P0P;+DI<-,%)__F"CU_.<X
MAMV$W-2]GYN.2H8^.(+=A-S43<Y-IRB'?^CD*/83<E/_?FXZ*AGZX!#V$W)3
M_WYN.BH9^N#T]1-R4_]^;CHJ&?K@U/43<E,_/3>=)!WZXOSU$W)3/STWY=*Q
MW-1S$OL)N:F?GILR:2(W75Q\3:;[9M3O9?.XWAUFW^JVK;?'[\4\U'5;Q6FS
MCW'"IZJ\/[_95 ]M]S*/KYO3-Y).;]IZWW_;:G'^RM?-?U!+ P04    " #R
MAF%,#-">Q3P$  "S%0  &@   'AL+W=O<FMS:&5E=',O<VAE970Q,34N>&UL
ME9A;C^)&$(7_BN5WUNYJ7T> -(!6B91(HXV2/'N@N6A](;89-O\^O@T+5:<G
MNR\#-E]5G^IIGVKW_%K57YNC,:WSK<C+9N$>V_;\Y'G-]FB*K/E4G4W9_;*O
MZB)KN\OZX#7GVF2[(:C(/?+]R"NR4^DNY\.]EWHYKRYM?BK-2^TTEZ+(ZG]7
M)J^N"U>Y[S>^G ['MK_A+>?G[&#^,.V?YY>ZN_)N67:GPI3-J2J=VNP7[K-Z
MVN@A8"#^.IEK<_?=Z4MYK:JO_<6ONX7K]XI,;K9MGR+K/M[,VN1YGZG3\<^4
MU+V-V0?>?W_/_GDHOBOF-6O,NLK_/NW:X\)-7&=G]MDE;[]4UU_,5%#H.E/U
MOYDWDW=XKZ0;8UOES?#7V5Z:MBJF+)V4(OLV?I[*X?,ZY7\/PP$T!= M0$4?
M!N@I0'\/"#X,"*: @ 5X8RG#W&RR-EO.Z^KJU.._]YSUJT@]!=WL;_N;PV0/
MOW73TW1WWY8J#/VY]]9GFJ#5"-$]=".\+OUM#$)CK$B$T^, :TEHAFPDDD98
MA(:%ZB%>/Q9J*2. &8(A0W"?P6<J5R,3#TPY,#,*6+&221BRD4BDL=002@UE
ML;XE00031*!6)G(U,N%]K<J/6+$ "EFQ*(]%; S%QD L&V05BT$H85(EPI5*
M8F9900D4F@"A;,)6B1A#*R94(C-*^/,B(15CK2G4F@*M,=.:BC$"K9E8R5#*
ME[MDDM"R I2/;<R7<I6P,5_.2<IJ6O\(M(%0:E%L,5X%%&NN6(EQTH#["8!F
MB@N6C/)M@J&+/RL"@KDG3-"CEH@_C6N$:9UPT9)2B6\1C5U?:2DZ#&QK"_N^
M"GZB=2ALR"J4.H@WCPEZ>/;%S$F&4CYO'^9YE(OM7R'_%W*!<6NQ.#]V]TFP
MA$+;XL0M0,4_WO$4-F<%W)EX&U'25GU>,;!G\3@"QJ86V[,"_DR\ERAIK$+M
M_R(;@-C:'F%W)N#.8CM!TE.Y6("(J45,8%&+G9F ,XO]!$E#%1L*P/ =!4 L
M!D?8E0FXLMA3$+);+A8P0JUDR+82L!\3\&.QK9B@AV'XOA(P2L@%C++IQ=Y/
M8-//_\^K"7H81TPO8"*N5S)D6[JXS1!H,V(;1+(])'P7!)B4^P)B+&V&<)LA
MT&:4XG)E<U"^< 8$B?D%D++T&<)]AL"[1ACRSDC@12'FG1%!J7 S "46Q;BM
M$6AK8I])LA^%_+%< V@FGSGPWF'1BQL;@<86AD(PZ$EAPE^4$!6+50$@RZ+0
MN+UIT-["D/<WC9J7+TX'$$81?[L#E$ILJG&;T^@%1(A6\D #[.<1)O?S@)+[
M>>_NY*HP]6$X%6R<;74IV_[\Y^[N[>3QF?J3+W9_I9XVX_GA]S3C<>;O67TX
ME8WS6K5M50RG7_NJ:DVGT?_43>G19+O;16[V;?\U[K[7XS'B>-%6Y^F(U+N=
MTR[_ U!+ P04    " #RAF%,)Q8YF[$#  #F$0  &@   'AL+W=O<FMS:&5E
M=',O<VAE970Q,38N>&ULC9AO;YLP$,:_"N)]"C:&0)1$:AI-F[1)U:9MKVGB
M)&B ,W":[=O/_&F:G!]8WA1P?G=^[G#OL.=G5?VJ#U)JYT^1E_7"/6A]G'E>
MO3G((JT?U%&6YI>=JHI4F\=J[]7'2J;;UJC(/>[[D5>D6>DNY^W8<[6<JY/.
MLU(^5TY]*HJT^KN2N3HO7.:^#7S-]@?=#'C+^3'=RV]2?S\^5^;)NWC99H4L
MZTR53B5W"_>1S=8\; Q:XD<FS_75O=.$\J+4K^;ATW;A^HTBF<N-;ERDYO(J
MGV2>-YZ,CM^]4_<R9V-X??_F_4,;O GF):WED\I_9EM]6+BQZVSE+CWE^JLZ
M?Y1]0*'K]-%_EJ\R-WBCQ,RQ47G=_G4VIUJKHO=BI!3IG^Z:E>WUW/M_,\,&
MO#?@%P,6C1H$O4'P;B!&#41O((B!UX72YF:=ZG0YK]39J;K7>TR;5<1FPF1_
MTPRVR6Y_,^FIS>CKDH5A./=>&T\]M.H@?@U=",^XO\S!T1PK;IGSVPF>;"(@
MR-I&D@B+"&"@06LOKF-@@L39,=.6*5MFPB*?9.,)4$$0$[DVQ&(?ZQ50KV@=
M!-=Z@Q ["*&#T XXB$C '1->A\+IN[$93H,%;H:"C:#6"+R<@&B-[$D8D6HC
M4Z(4..%3K'0*E4Y!5LDDJRF8A$JU&8JL@9LPP%ICJ#4&6LFK6\6V#J+4)FC>
MUP 92&H"A29WO/[$FL,G0FV"ZK2)R4!"F8^KI7_'Z^^AL9P"9$(+'F+$@-J!
MVLY #4D&7,#2_<BX';#P:<!\+*]]Q#;#?!KQJ)];N;C(,U3EZ4KJH;&E!!!!
MQ=K(9* K,ESAF;AG,8D[<FLS$54+W/ !M;B=,-1/:#5A=B>84K$V8J5V#+G5
MBML)NZ>?,+L7T"+]?V0]BMQJQ0V%W=-1F-T+(JK51@*J=0RYU8H;"HOM@B*&
MPL6EGH%:+S@-%Y1R804,JGEB+24 B8%/$XYK/@<UWUI,'-1\NIH 0U<30"9L
M8.US7/0YNR/!/70CA=/O7 !-DI J!A ?^##GN,=PU&.L!*/^D5#%H(%$]!,0
M0?% +>2XS7#09@3=3'#4($1"ES'"!-USK &5Q .:<;?AH-N$8N#_G^,>P$$/
ML#91/?2_713"[&T4H.Q]E'>UV2UDM6\/$FIGHTZE;K:,5Z.7PXI'WFR6R?B*
MS=;=D<.[F^X$Y$M:[;.R=EZ4-EOQ=L.\4TI+H]%_,!H/,MU>'G*YT\WMU-Q7
MW<E#]Z#5L3]5\2Y'.\M_4$L#!!0    ( /*&84SG:T,<&0D  &<[   :
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MY^'#9G@YOM8Z>7^W]O9_4$L#!!0    ( /*&84R53Z_4U@(  -P*   :
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MRPW0PQ%&8DQ!^=C,UX1,-E%SA_?%#'W*S"GXEX+V1^P2[@O0%DXVH"B1=;&
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M@/HUOH#Y!$M1X\F0]UA67P>@$!!W G&GS": DB-X8T;LB$@JF2SR1R1WVQI
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M__"4)-)=2=6?@H-.C'9H<# ,G32NTCA<-07GCSF:N>3!@$_^#10Y(&ES2CQ
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ME+T15^OV;R0?ZZ-B8CU39&KTD0D=3N+?Q7?0+5P&[C6421Q0-.3:_KE K6P
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M0PW'FB5D<$VB*]UL3H8@J8NE1\FWWM+[B9ZM,2"DXC@/!*UUH"547=I =W2
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M+  @#ZB"#_-<!3U2.!#:9W1(Y#9EZ 6K055A)A#@8\,7L]D,QY[9/I9E@GF
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M5"</R0?<VH(&XL'\G</A=*A!U^W)G\RX0FP'T&&R%@;%A4F0=$).',1%+\*
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M7-DQTZ;7-QY27;*VP'#T0YMW!9E-6C8M^W:8?R/W*//[;^+/0SDFGU!8&XS
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M[SW-ZJD>>JCJ?+U6M?3)0J9":93$H*-YSB[3AHAQR\KYW::H:V4O/OZHSTJ
M:UG$FK:UB\ML"B0D2.B"'-BE]_6$W_(U'KNVU&G[=8%(5!YJG%NOTKA$-;M$
MH&@8,%MA8]0P+3>%2-%*WX^$F*S+*<'4U9\<'5T>G@ CAYO[AO4.;<,3OC O
M2?!DV)@6#WR,;M5\.9,S;P*DW7I7%U-HS8)BB5&$U+F]P5.4FH <!V"Q=AR2
MM$1".0?>J^RL)=DP. FS4%K>ST0 0 <H7BG@1=P->=)G[FOO F.>EC/NADX(
MZQKF1C22SKD1BT.$7A(B)RF)[#/V2$&'+=(X/ M*T,]1'6)KQ'@LX9F2"%<N
M2](>-8G:EN/&346A$;I)4< IU@E4$$]RM/&,-0ZEJR_P4F423L-84E2;\'8B
M@<(U<*?"V<)4>F62O47%065?:ZQIE5-Y]-,+U_:&U:JN&&E/A5 V1G+:M9#(
ME)=&$C#!Y/>X>(,"[V9I-OW\VUJ/V6 9$8]!28$N<'P<)N%YDW@11BQ68HG)
MOY2A^LH1,BX0B@N4FU#MST>L4O,D&R)9CB-8L5JX/ZQD328GU&E0NBZO=W6_
ME&M+<]194,VEP)5!V 3G 58EH)FW2Y[B>1!3 Q!QLK%IDD"\SVTRYY9-QP*"
MH]?P^V)I&Z&T;/0Z) U8]Z" WM1FXFUP''%61_M78CY++04-M'8E\840()!"
M1B4X=<G2J,1,,  PD#W6SGVA1+ -%Y!ERCJV-G<V308#70F7ZDUQ1U0YJ;TK
MBEVM\K;JS,XTMH[VE*%/9!#=*P<&6"T9GV'KW=-\2 W?@X6GU-HL@XP5P.J
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MD#0/2T :I/ 8-083^2B_-TO8ENVG.E7776*-A&)*2/:W74WF:=M"#ALS/9!
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M! >+,5&]H "VYBY(!T9XASW9HJU<$X/<V%Q> 5(P'LPH/OP]]D2I[MB:P6.
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M]:X^\SX/$O\U^6+A3?W)U(UT8:8#:1!^T[K;LHV#3@_VHS_$^&QGD$UA.=.
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M(\ B]F=#)"*$*&';((+]:X!PSI=Y>4_[*<>JXP*VDD9UI)V*@ @&((H(B5!
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MN:3RHZ43FU'KU1*+8XOY'I5>EE<,]]ZZ2)JDNWO<8)4".V$DWXEJA>IY3.R
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M.D!I#@3!EU#D1CA9^<PUP-? 2@Y&FN+";;T8RRXZ=C,.]R#BQV3H+DG%6:%
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M-*G,=ZQ3)+Q\^><[([IG(W<VR,ZY&PB\(AOR*XS2)JGQAB[7QQ+\S_J]\;G
M8_+OZ6$77Y%X]V5UIXHTJ5D7+IMR":QV?<&$L;;*4FR\A/\-9G#'H!\V A6$
M!K@-/K8_'<E/(I:+0)RZA1E558][CBIE,UH;3MGWU\#)<-/,9;"[?,5P,*#Z
MBB)=83&<S>BE0_@YQC8IWJ\_&+O1S WP"\3S]L!%%V[:IWI\^'PV(=2L575H
M7C2MQJPT(,; _5CA[X83&#,6WEX8H"JZ9MR;N/X(KAB/Y9)^IS<;GE!;?C;L
MP2*<84>JL_YT>HX]%ZC8_*22Y+,^P@N,1F-X'Y80G8U[A#L_%&JT;\?&5R-J
M-W VSOA?+)6@8S?NC?GO<0^^><L)V@SQY#L'#3M8PH+86X-^1DU>AKTA/;63
MX5L1T_V%F\&\TPA;L&H?BZC)%,A@%A[E=G'!"F.JP &I6,JF*L=E5(QK94Z;
MYHA[:>\5.?+N<OY->7^]WU;&9<%"$Z]03'PS0C)%-=JJ95NRI*(/4.V/-UOG
M/OO"0VHT+MZP2!6HFN@VHUBP.YP5ILJ@Y7LW<.U&$W6SKI;@_8BZ*AX0!N/_
M5,)@,*"6#T-"[.^+-!A.GRD-L F'_/.=I<$DXZKY#'G.=/@]) $RY_ZYB+$G
MRX$1W3@Z00ID]/BS;,*+DTVS\Q,DP:#//P[)@<R-IFZ$> *#?D(.#+.)&T^4
M\>$E&?#+ X)@0HQ^B$N<93TC!X8]S"L>3?#KR<3*@1G(@=[I<H EX>R0'!C/
MW-"-<+N1@S;$0!\$5'\R@B'UY)+Q8'""$,A(7F*3G;,A+0BU $&HD9.DP'C*
MC63.4!B<94PZ*0'0GQ";GQ&G/ANB\O*":(V03:9MG'_4Z<'"(G#-<#)#:=$9
M3L?,^6<H+YCS]T$$M0#)_C?K_YU8?S*-M/,])<+H/Y=$F,ZHD3J1VU DPFCP
M/(F 6B/__,[R $8&O.^,6.IX\'T,@W,A!91@@R<+!"]+X-_33 -";46.>HIA
M0'8'_CP@$$!1!WX_QE1V[#.9$ C .Y&_HFU%ETQ'!RT#,D;Z_.;(+I@ZX%*3
M ?']7B0/L/]31I_/3I 'HXQ_') '4T3T'B/S'J?, H0'0YDP[,WDDM'X%*,@
MFPD.#RADM!G3$R&*L+75A-JV,4Q14@C,^L2[&4AW0+R??@4IVL;_I?E69S2;
MD8X_G?28_T]G4\__AYWIH+4_U7_S___$_/_#EA+,R[V[YRZ2^)H<D]5+S&&_
M=7M,C<4<5:!_=-=SICLWH=Q34CRRU[A)):6]PU<;:2B)USR4F.X>LMY]VCYF
MW8>T_?!@' 2UQX1!W%-2_<YQIC'ZBYTFP<?/YM%A90%>7"XHW1Y?]YOKNBO3
MCA/FMK3M.&G(V%#SGN9;NK_1)]RC4]>GP*]6%&_FE7)VJ62EI#" UHJ(Q"Y4
MO9TG778-*W#KBO4MWKZYHZH%+$J8:Y8_/!)3__'.ZO,WM.E\'B(;<[;:67Q5
MJ_9]01P<&,6 P,#[/?W^'X'J%^M[AXX?].[]N$<GN#L#D2F>Z?A"X%Z@: ]C
MM0,C9M2VB,,"V#U!V^9>WH-LGR/.[PBM,!#IEQ7L1]]E_A+@PLY@,/;8SS@D
MI6+4Q$;4X\/50_/B^!4'^C&&B]^V/(Y3QP>O7.*YUFENXO/?)9;N,QX[452G
MXR,H&N8)/!/#[R%1TJ#.A3 #Q@N]RS[V^B=**[F2B&IP(QD1NBC%,,.JSSUO
MQHD\@)818CTPH2UH:(!*!#DV0<I(E#& D!KKE4UJU\ HQ3[J@Z?7.Y]S[J<>
MTN82"R0OE, !YV!2..&D- Y;'?(?FF<<UL =2BJV.<4A[^24[.)H8^I%,;]C
MCO$'YV-J:RP#)JCD&AEH"1\&BGT? 6FJ)&>-XI^;9;&X+4P"*<GUD,-%*:A8
M'\H:+)%E)YTULMX:<'I='"13O-.'2LV."2S()UTI!L:8WTF"6OP\@=3VH5^)
M(K[/J:.T@9^!VQ*XUGMM4F5(*V<,:%P(Z<@4&ES:AQPHA6J>'DTD-%PFW9ZT
MG713]-"A,KA\%6+:/HF&FSG! *FX>-AC02TM#[6VLJRU PPK@V-J8OBL[Z]+
MAM1HL =8KEM0(+"N&*QS+9&A4R&,.7 (2]&M28LPM.OB+E_>T*9H1LW"%+QW
M3D.[3.S3"[SXNJEM4+>4EXR^%J3FH=]^#G/VO<*]\#SPRVNP?F'A5F5.JD 7
M[,\90D.^ !NT"Z;B%!$<W\( 5^L2;;ENWTV[HY>N/^J"*H&_49$TUDC/X.8Q
M8C_VQUUJ4/PR0CZ:=C,WZ@Y>PB]CAI_$._\!RX$?X>JQ&W9G+[&C[8A_^U1\
MI48+H.+@GS/]Y2_Y0UZ6<,T(F^F\A&=FV-G@I?OG<GM;XD2&],G$?/73<KW%
M)O"#[A0^&.$80 7#2WX%Z0I+!>.!+V!P>&\? 3*O]M<[TI-F/;AV-,4!][,)
M3H*&\3XH9&^L0C;"52/<RZP'2T3WL?)5L7XX@)4!Y9"&/NG.7#;$2U@GBS7)
M_G  3YAE^'W6&\&$IQ/:CII":-^/[^SA1'IP.2%JOL;CNWW47)(Y+G'?T8.R
M&;R_3TO%[Z>LPG@,N!\3A# =X*/[M.2J0/9'0WQ CQ _4>,=A3\_I:6W3S='
MCPL5C5'#3I,RBZ+B<4,L P7$[WER.RDDQ&\[N>9$TNP^8&.!Q&<_8!(TS=,?
M1<%?K_\M:4BUE+"+F%9> 0/@H@B3<<GN0D17Q<V!G4.W-5 ;J?MP6!.W7$A)
MQXA.VQ3W.Z/#$FI50NY7?X*TWL<SA<<4_APB6H!JR_#A"!\P= @,BUQAXC[%
M^5M]/*%C/ 1]?E3?_:56XP/#P$/<QS9[=.C_8LJ#X&C@:=43[][AT-!QJ$4_
M\-(!D"]ZU> R'.!;:=$H*9)A-N2?@_=D,%9@#<@.S*SU@7*^'#(%_)V/-GHH
M</ ]&@]^,TN?Z,$0GC[IXS&9X<GJ]_$A;5O<.(ZO:CYHLQ>X?GA >[14(W=U
M0C8?I3X02Z3%QY4:U;<(EWQ _+Q/_%0F/#I'[H( O[(<63L+P2\G^)HI4M0,
MJ80A#)/3[@]Q-R<SW(*,!!*PJ6E[-AYB6T9-AQIM5#&2Q.QP2%-%JGE7,^UL
M'MV0A,/8(>W@[_5K38X=D\' __M:D^JB]$ DAQYM4$:_!_=_=-D9=CK$PR#O
MS3P5M2=_]O&Y1. CI+V^7USESB]0:/0\=T87)0ZC[J%,=%ZX;;*'_8HPBH28
M]/<SS>8[9S .3AK4VZG6PCS#U+HA+"9J?O4OL;O/CMMVS"6[DTN:J,IO?K=>
M+_D)E>"1L"))=C;[,=\&\ ?IR%H[[J@<+_9X%]X.QL5RO?%EUQL@J+U@R%*_
M%E^_1N-3CZ1_B>8((NW#6MQ@C3GE_R)L+Q4FY@O&NUW66O5P-4,H6\1G#Z-G
M@W["&O;"@^-PH1[A5&&RY9=\R2Y@+@NV30UL%5LX]KP4<1DC=VXW18*YN8$V
MHR-#X21H'4N76($9;_"*U%X3[#II(,:HL%@A>HMO6M7 JNEJF][8I8-L7I7;
MKQ'7/7(?F,.R(8)!+)R//XIA)[@!'L+!IR&S">=>O_G5V>Q)A/9'K+HM)DW.
M30+NCMM3+-0I A=\[H247O> G.D&]+1*"BP4C&3%M3T7MF5:+D0G+;QVV$VH
M2WSAHLW,T\S6HK(SMN4P[)OZ6R@]>($,1J%!<!SU'BLM>EO0U[31N<#T4%%0
M:S.TYXUP7!_AX#N,\&T-+W.#08=%R$-MZZL#<Z!RDA?]J1E8^SA>]%&+J%_7
MJO*:,*A $_F"/SJX2_KJLJIDY>J-V5H J?H&A.--8'',.C\"G?)OOZV$?^UJ
M$%5Y IR*$-H"A!+"IGJ].I2E_&JD[UN9>JR;IQI2&V\-U6P^HT&H+\(S#<@.
M/>"9M67:B*HY+RH-D/K_>F> #4*%8!^:G02VWM:;GE-]9HPD]?0JIE"HY'RE
MTG41MP%K5BY)*CV#7-2K!8[A[=SG7PE4)_BH!>,QSJ\WZS3787F,7QV5;7H=
MN7 )TRC34Z5-+.D21]?HH>'^:&TNJ$Q<4'*D"]O'D+@-[-^])Y E0UI+J7,M
M*Y[ 1Q<P^CF51*PQNAK:/%6J<6_7HMV0'U%=Y@CH'TFWMS=155#57)K<^P=Y
MD=";Z\MZO8%K5JV#<#=, 3&T!!=A%Y_CJ##7I;!D\T\3'!JNZN0/'JWKD[HD
M<(&7$N$F+Q>F<LJ/!_F4'IL?-9[PT<1IBY5Z]6L0X0L3@$#6Y*N"455\!"XZ
M%X@>X&HU'+#@-6>$SRI>!2R01Y6=/=+*+N?4_Y"^%GS#>JU):ZE9'NX)F"P\
M.@^=#H2/ND$H[T'DG I[!.%1,VBP'8QNAKF RN#UE9VT;B25]F]%%.^F3A$"
M)FX#+GX-L:"%"O&TW%]H6T@NJ+3[E>!F_(V,)+\81)(P"+SF.E]];OKAD:'Y
M;AI ZOO*=T"EVYEDL*+9J1'K5YU(L+'T=H8MD;5M<4];O.3L#8(MX'Z[BN-,
M@@U+S3PE"LW0_&%?RN*+*L4E=4+VH^"'(P@$/_S&W1?%3LH+01F/'.+HI, R
M8T63G^?HC<)J'Z2WK5;]TTPI%^!.@7$5X+(9^$MH&_.H46=,L-R!=&1T.])-
MR-GJ/SF.=G=8A;*;4AN?V\[;.O&->7#9>&)@G>M*T#&IT[I$J/+75*Q#Z]2D
M+E/5SXN(;@-=,G(?XCL((N$%.9\.+^?X((C>"W)O&661:O%IO/59/.1Z2'Q'
MTZ>A-5DU"4AC-O#+?\*CGZ<L*31S(XJ37'"#.Q':T1J6&H>)4$KN5XI^C'J0
M]$V-MYN*G,D?G%H=98J=$& C.$*1"P'"P6-2\-,Y/!<JOQ.%;<YD4P7XE8#A
MUL3N2M)@VR&EU+==>L]],,]LF#NR8P')I!NEP5PA_2$0(K4 $4A>&M.']7K[
M]Q5V1<,YOUNO%X_AS]>T3.CM?DT2X0_N$TD!*_$_AF-XAO["/:9>ZB^_&M*_
M5-'QD94-6E[T6*E9]#-K&8]P@?MEARB:E^Y?/I(_B.IUJ'B"LF8'] :\'UZP
M7*\_)QXBH=5+=SG ,B9.]F_>U_C@5\*WA0W[(&A1EY?_E[O,<Y=-.9G4&#ZV
MF?()3R;$'P>/0PEV#6N@TYOU35\8S%"<4+D(%1 V<A'%RZ>)IV$GMF9=&3M#
MNM0;QFRNH0XG^Q6I>IPSF\@AS.DX+[;Y W=T8CV(DNTXG_!J?T^R^=-=$3 >
MB;).SH2T>$_R%9]<XF28Q89ET:I9A+8\3XH /2=;['USM*_<&[86,/EJ1'M$
M/R<SHD <<T;_XT!1UL-$,?@/:(</$Q5%8*V<%/"\(-AE?$Z/GI-A[.B$ZE@C
MWKV))JV8N6I?^*C9^]2&^ +M PJ:HS!JL:"FI?>1(H*I:1Y3-58S7K-;!EWM
M9<76%,DE\XJ.I@TOI&>8P-)S8Q &WBUHZVM/4F<.O-]VO+:@BB=E$W9"/F&B
ML7#@<+?[I6;QP/5O2NJTLF@@IZ9ON;2WG)1>UWKW$QH<#VT27NL,8GS,0\@B
M[%[V"4N6Z\3/KO8;!&>HC"K$36[A#Y]I<,;Z=J5?8.*O9Z4,^(4J/HG%7'#?
MZ8^HX:^S'0P9K0&H&=.4%VR?$&"0&6O49 I[DVPC,X@'Y0?)PY93XZ)C$QXI
M+^P<74F[D+%?0-Z>>V1CAE@>V98(=$X?:XV*X?&;Y5Z]&MPOF=T.M]+#+#C-
M8$/^[G]FP\$?5S#2.8]T@0T$;O? J=RC^ZG,5W\C,!%YDK1[_+HKZK8+G#3=
M\\:6?V&O%[S8;A6<=%"8_,KB3?=KS%$B9AYO*ODYEOF#YGH'\D(:GV_+:X)6
MD[6J1+-A1X("/!#TA7<%,!VH<^D>-1A*:^.%YV6R?$]$2Q<#^+Y;#X)LW58=
M\=70^'0\A6F+P)C."A*VPBXA!ELN)+9I:TRXC;U0-7N(E#]$W5SLX_S4+;E]
M8^318X<7$_,$I(8,ZA6AE:$Q'?4DU:R-"-*/S;%:>S"8S'UT"E+;)53.,]..
M#=@X 91Q 9(AJJ8D/KD=8X;=IW$E>YBPGSBVTLG+)84X5[AXR7ZN9*7@R*31
MA"1L!B1 XD&JLJYOGLTI&2!>@J./ND#4TM<CENX4C9H5?E@G6(0KWQ!9\1G)
MZV\6V _IR2J#O_/.8=J?:;Z\DC:+ IF>]2.)'U\GY1IT97_6J@FT&\[O9<6"
M21E>H$B=:KY[+/R.0HE&1)1FC3RVS-KWC@\FWDVLPC>]I$M'LR&62(B#NB4>
M%BU@OD@,FA>O.S+X_0=$0OL"':*SVIJYYJ(-QV$RSUBUP<3?K>RLOFIR9>:=
M0(?6[#!P6>LR#I&RCFQ)1-P'5OJ!!1RR^&5)WQ(?(/1\SWO)G4B<V:*'O?_7
MM[\XEF/:'"3Q) ]DQ,W',.-H&3V1H@0(#R0AXHI1S4+3%*<:5O+VP[,KR2U*
M $\PY/NXEXYWX\!$#CZF%! GRUB#'SA/T@$Z;R09'_[=%;[C5T1GC5H#T"X0
MO]-V8%V0_8W]35:@M<RE9[>X5*,*"GUW78Q)<ZZ<0T8A.]JG/6^;-NBBH"YF
MG!^=EH7N3 R3$#KIQ-8,-X(@*-MMX5-$1!<(*%2,U>8E^OE3-L;N"2L3W%M*
MM2$YP"W'5;"^1CU.3<8[B==['HC?[IM-GO5F ]3WUSWF'3]ZG+J#$<;4G)S7
M3;P:9F=BL%V/LBL\DU%[S&)%^*"-,=9;8R;EP#>L$&@N/ 3NP]X<A#MY%,)_
M=A'5RVMUW@QY1G$P7[Z!FFU <E6D+5.5L%#;K^L^.H43\R<S=;:EK,/T;??'
M#2M5FJMCHVP@<#9BC/@:'4?9-U%/O: ?BLF()@6'R$RACM?5GG=@@JFU$&U=
MR.*6&MU)UY:VP$34H'VUB(,3(K"JW7K^^:DG@0<;"B9J@U/*QK4N%NUQDUWU
ME"&&S(66A6L1</1Z\ETB0<&U18S#W+$;A92SV1HL6OLV%U[' 0N-I5-6W6-K
MI^BF.>\PLW")D?( Q<>KQ0<HM&5DHJ\4\,^H^S=:DM.BH(3^G([[A*^WB[ J
M074QO0\WZ.8A,/C3 .^\"D/.K0.J=F\2*>6'U/=!FU)N38:6$8T/GBW3W36\
M$.$L=&A8@T8X!\Q86GNXB:X3FJD:8(HEV^^5,,UBN:P9HB><IX.B@U0YZ0F]
M9+B*.9^]M!9[_4BS%%N'Z@!1I0PZ8? $(&=#OL(,&#LDA::T4>%_G"]4>JX*
MUXY%#N&VUOG"TK<@R@U,"'I)A2[@Y$E=/9UY<3@8#L&MM:+'=J*NW7MEL^Z7
M0P;,L:5VHI0<4]U]NI7OTKU?P:BX^7)DF_2#.?@M ^,GBGS3?HXQ.3BFA](G
M1"GM&852M%?.*2.(8L1I-TY6-!W4*=<H>?8"&8GK,,.+V[>*PBUZ ,<UN6MO
M*<682)"(0X\C6V]#M5YA7BK%IM*#+'"26-?P(M>1S#7@%]S!RTJB\&QY]R)^
M^<(VIPX)G/WL B@7F*DVQH4I4A>OW5T8KY2D^@?K+(UP!+4'MH/BS-B5M"]'
MZ! )"-5+[K2H0K19.[,B23\2S.SL^IP@2^@US/**11K?(T2@Z[.EQN%/N<=A
M-U;6 @OA&!QJQUXDPC*:SZ*4G2=MD&^@+ ,-&Y::QWD'2PR4,QW4XECEHRQP
MU;_\+D=UI:QM4H5MCIL@>.!.6*OF%8CURUIGR++TRG*L=$>%\V]7[1XROT0,
M:5(NS/*)S)M:F4=> ZVYQS033&(V#3I6I_AV5.<SAY=R1%>/YNU1XP\1YVIH
MBYRIB8 DKW1&Z9.NV=3GV29E^)?&D.S8K\@$&!-O[-1;@I.HC\T8;"DX+W<'
MY4/I^S1R=;(FU%*/6NLWRN?2M+BY7G*NT7@C"&G:##!*5N*ML U3D@NTOE;H
M&V^N^%0;(6H*L7,%GDCQI'6'T/J:2ZQ=QP]1!,+!8#;)0M/:)">4-([&1'$B
MR,\W\.!MZUB;K2$_2#D/+O@'JH*Y\)VO/RQ!.V^[X=+?$%]_(-IY[-8TM,CH
ME6L.LO9.FTVH%A_2(!OBF*N)T42*;B.'0;K1II;^0WR!%C=MEODJ=%^PB:W^
M<JJ18_Y/,>@">$N)QZ< XVG]6!2F&IY"$BBGX?%$5F N-C\DIJ\VAV>V=GQ5
MU%$+>22F]F,J!@6_UBL1:Z:_//#F#:GE/MV;W;>>?97"G+I^E06DJW+D:N(<
M8>#!7XI()M#)R7 %\+)">]*#Z-!,[7'S2VHU*5]/&U_?K/=;L9=P/BQ?XRM0
M0318!+HK-WNW$L-/5EMW,MI>"8V&1)&?BNNMUF30+IJ5P]>$15$LK!I:>ST7
M+!!<1$K/0S^7,$@PYTSR0T>R,4(N8&SMU?*IR;F;/AE2^R;-RO\P[/7//I_3
ML/D1- 'JY_IEO01U#Y<K.DE\6*@>;4G]$!I'H>+<YAM)XHD(_J;9?MGGB;,M
MHDW>962B44A-[5)1_F"J"ZX7F$W'? KN::&[[D<_#%0=PPE&G9:["@$_W6(K
MBX5WCNFYR49RQG5.\3&.&<]N?@<OT5G7CBX_C^BOW%:( OC2YQ+7'HK9XS);
M>BBGPMB'H8) &"TU3!0L8<.@=[$ML/EA#A8H.L)1:[TGF4Z)3+OZJ(E#K*SN
MR*L,1OG\;EUJD];ZF(13N-^#5;COR2M^UG*"#I5CR*J0Q\;O5EEQV>.23[=5
M1ZL@1S<D;QCZQ;2D0 JA!W$/#<3DV4J#OP7HN7>B;$M2:A?S*\/./-RMU67,
M,D!>[7P@7[*\T.W#X:'E'HP^L,8Z[$*[D8!5<'GG*TYA,.=\29W7;(I!&*;Z
ML#K<<<*_K2#_!)*IKWI 2%%82KHKY-%^2'*1IW/-;^66_22W%&;9&JXV_B7O
MG2:')](H;7FG=F@")T7-(DS XQI&C(ZYZ6O0Z0Q-12^*ET#L>[%PC2\S!.4X
MA46Y9Y21Q?D71O:%E3]]L)\:5V]JHO"["#5.I6^D&";WR25'=9#PGI4BV$92
MS83!7]:KVPOD VB0(?> G4RJLG3AI\2%!]3EUGO2>O+XE6L=#OV$"8=^U&F-
M&9<HV)=9KS=RO]ZO@(2JVA/9=R%UJWH)?J%].*T$QJC1.^!B$US?WHRS:>!O
M7O9,_4SX1/NH6&?M#SN]7@__H[T.P&[-\E+RAK+_4PIX?%\KJDV3,&_^@-GQ
MP;;E.]8;D?\6$(_?&'^V7U%LGOKUE&2@BO5;_X2OI%FSO8;I* $# *.H#DU:
MGI64ON[32U(VK==HV/@4T&-@RG-'[<Q &A)&LI2G<?(9;$V?W\<%7<Q+2!/A
MYW"L )]$BU3Y?+A\55^FO#'T,(3#(^AF4[V3CBD,1!ZE3U*KP1667IBL0N$P
ML.C#CV&;6#A@^D',6>S40F:[$EJT$5KT^+EX-&IN3)+LQ:CUP66</LZ2"X2,
M1.L\U=8>PX-798M4$33P$45#(</8K5K.M>%S? KBYR7F>HMN9U^**\YQVGI8
M/EY1Y)R^H6Q<C>F1>>/Y^->+TR[&-M^%,?#P%[G;^6]H0%WWJU U_4G%6T!9
M JQW71B>=$5/TLM]7^"K7[4V7J C5,VJ6199AF[C0Y8%*4;O0?+\DY<\Z7>^
M_R?S4M LX"_&P_LG^FU;^,F@P22;ACX=\: ";8$R^U('$Q:MXUT6 @4Y7ZXK
MCCG2OJ_"PKD%07^<P"##$N/(BJ^(D%,)AK;1^60'J:,M/%5>4L^?62)<0<C4
M ?66O+%GH9@WZ.3GBC"-YT!VM,+UY@:>*Y'47N]>2-8XO_H,W>-WZ+K?HO\[
M#!0-RE &TJ:@GUN1TV#7!P]^QV<YA%-O-]4^S8@I=VP;/G$Y.'-;J86GB/!6
M0&'$EEKFE12OHGE$Z:^ZI.T)3?38CK!3\6F54CTMK[S9X_Z@ =5U;T(D #\@
M&J.W:R:TS$P#,7 2$>X""\5K2RF<1!<'61\>8%TYFC;,DH+?XT[6FW2RV4P?
M'Z>T2"B..56;>&QS)\,Y=,T(OHG;WV*9/'Y!@1=\_P6'(-3"B?5_CY/?Y&O>
MGHSELD%NI\QGBKO!!?*:V $0A;OI5.OP*-4<2;U*C5(W$Y9!CE2H@^2OE,5S
M$O4]]9GG\VU;0^Q89Q8 =GA343!/<<0&47=)/M$_K\&,I**# ' KN)\##F$$
ML8G.L^#DRKRZDTF":0O&N?1G\#+GIJ"6V@*OI*!(=*FPV)OR*]HZF,&G: =T
MD5_+A>W2'>9%"774%X.<]V:!2 Q1>E0('V* @\OD+LWP5\7NPHR[,5A.'< $
M2Y@G20#AP3[U)K09N-ZN/V.<ISGV:$,.C%LQ3M+C_I20%4MO491>UFXP*UU!
ML\T&*$@MA7WPR794AXC:XQ?@IZ"J$\O"<W(#5(R'7O-$8G_;'@\@J)2[]9;0
MG_S)LWS?EO!R3BM'Z<1IIF]@7#=T_DH=$0?%HC.J$TF;3L$Y:KPJWI6NIT3U
M)Q4B_@(<6]-M6E,$R>T4'H^&P\+8=!Y5Q#^UK%P=SZ:^PS"BKX\AN@T*P<HJ
MD::XDX6EGQO<B ?\7OP &!<T_EX]B>8&/[]2H"20]>Y)B)'[$$6#,;#TU#?8
M:%W$*MU?%X]K 1(R;UTP&G:#^>-E0#BW)6IZ*N:0<BH%3RGO[XM%R5V2_0!M
M>MVN!(YW^C!9=$E6\^FBQ\![6"\-9T@EUWY=2]UL4:+4^5U;,+]-='47:[@%
M5#QT! E9!^39D\X@9-\UJ9\&2?5.D<UAN%5#!?-Z$.XJ]36/B1B,6[,4OJD)
M(]E$>@@KZ9^2YD=35U.3IZ,%J7/<F>52\4$D.N=621G'[J)QS9DUBNI5#^-T
M?(J2:GS.L=UX/S23/.?Y&$KC_\W>FS<WDAQYHE\E;*RT LT2$#(39\G>,V.Q
M6-W4UL$MLKM7[_TQ!A))$FH0H)! 57,__?H9X9$'"%91/:,9J56\D$<<'G[[
MSQD_) RB-2^5.1*ZO4V$/::<6>D75YS[7PNT^O C@;L3O13>@0!UXF__J6GD
M%$1"T'9Z-)5)F4=O-2,8S!EFT%;!Y7A"K(UBS_HF,FAJJ&QW^; 53/N1)[FZ
MJUD_VM;G^Q8;MGY32$HA1<$0O/#VR=GH49'L'28OTO,I5#PO-C,C&VK<'\^#
M%F2!U834SE3X#2-P?@C6A>HJ/M09HD-;EV^E< RC&O<2DFT:<8.!95AR.[57
M5]]J22;UR6XBG7#DK7.&-3T(,-[R'EJ>8YP;*D)5I($=#1&&>\'S^$6/UK$<
MK7,R[,_144%/^CWNL.@=,V3A("!74C]&9S!/INDH&8T0P&#:RX?#W V2<39.
M\I0Z;/6F>3\#8RX?3I))-J*3U.OW!V/W@UB!X_XD&693O'L\Z+OQ$"Z>($)]
M-LXR-YBDR2@?P:\3=-']S"&]3IKTA_#!<'R$KQCGF>M,TW'2QU:3:=X;I=,1
M=O5*TRS)!]A)N#>93B;HQL2#S4]()_UDB(V$X553>'9G-"2'\I$;];)1/W6=
M"?XR[/6'_7YU)3!%3=< WC'-DBGU^9["NP?9@<L2NXRL(NESS6LV):D%38)S
MVR#3)6\J<#8&P,8+WRQGH,I>7-^M"0>$GX6^(RJM7L^+)9Y\N)E^)DXD$+OB
M.T?-'-5Z?K8^MB)6$2AM[O4@4@/)F[%:>^ZM)UC\QP@.1\X'C61*WHK6,Y&:
M3-H#%IP+2$Z)N0+6&^\+3:J6ADPT,#J:7ERIO%@]<"KL'9R.Y:,6JE ,%!$^
M'K1>)J3!%4%J\N; 2F+#+S #9EL)\KXU/+G.@+;!]0&+4]]AY]V>L<D1:D-8
MW/D@'K)LK1]Y06GPMHFM-[I#YHUCX83)MDAL10XF56G32/D8=A7A9)58FZ)[
M$^$B[8,D<T;N,E@<3G>W,FI03?'V:!6QVH\5K9*#$+FV*OM[D,@Z0!0^^YF_
MFQ@L7U>EG1<\]1]4%%6_!^'%0NJIWY6MBJ@+,NWI/SPI];)\G$P(KB<=]$:C
MR11E0#9,&,)G!)*LGV.7R<&$(I0D]$#^3-RIN'-  &5]D38B8$!<]54 #7H#
M%'Z(-75*/G%Q97OIQ>\'237L#4?9@/XPI(>->\.4GI9ER9C^,NUEF*"\1X!U
MJ0'M09,ZM3&!;W[*N6'5;\BZ%2^9X9$Q3U&?\6B89)-Q@]I'$*/L18F#<!&>
MK J=$N&^=X04\:"IZ5+W=WV'Z)&:]12*&(6K(S(GLIIM8W@O!1'?!]7A=Q_?
M0J-4S5*P,>8GSG.6K!ODN^N5XBS5[2@:8:/YS2DK-&5GS79$GEX2+!_SW% 8
M)9F7SW%[E%4A(SI-D]-=! .I&ZHS .?\M=BV+4^C]L3*TLQ=+; .'=861!%6
M\ZE*1$$#]P%>@#V8-DM@ZXO[G3.P.%YH-'AK@IU+ND>Y( 1LUFF\18O;U/)Z
MSF784LS+8R?%&@J#%,XBXGW ]+.KXGJV$US9\#3<CGOXE1X#;T.!NO)<]6&]
ME=X:YG&EL=9QT;TP0A"%>ZT>G6T694BEBC5/KVI^^]8^1?NMJO%W;L\":QE8
M_JVON%;BSE>DX +L&9/&#.0X5Y0Z C0F][_4BM$+.!X!,_B"RHWR\1FW@D-'
M2O"%*(3Z#?DS87*NJK&4Y?J:(=^9CL5J?R%V(Y4X-VZ)":;K%>KSI#38_=,:
M&8TT5A.93B46$21S<ZK3^+6K7QK^]$!M:DL$NJ'&M5CD,EM>2TEZL(BPS(D"
M*>Z^@,'. [:8!D7(.D%=^%IUTCBQ@<J#;#:I 6VR^!1 T (CSGB,E%ZY6J]$
MP!,IF1(C4Q45Y0E=5N5CV> Z;?*G<@:2D4@F>"U0:SYZPCG":T;N:/*:'Q0C
MVF!GNWL?'93,6J9MF_OZ'>MA]=6*9W"M?0_N"P&]HIP)4F+]8PE$$HN[S+8B
M(4D]E<;D=RM1Z2/7M.];TDH WG+28A]?H,==O\F/+62I&0J>@@N1B=)'3<U4
M;LV]Y:S.4*P%;*N1!+7Z"9L;(?Z4YQ+S!;;*01P5*GX.D2-S<X@:%"B.5OB
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MD@/*4\<,&> O@XI;TP_US1J#?ABV\0:XZ>+$?BE/$E4BX.)B3$L)>2G2;HQ
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M4T?=[=<TZ]%:WT>VQA(3=E_<S18(3<HE;'*^I+[^GJB[#(['H A@*.UONY4
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MMGX7\YT%7<AW)U$1$\$#IX-60!BD=BQN%I,.UGUQO[N7*<FNE :2<BV11;Z
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M7R(@XW%^0+--$0$62\,RYJR%=S9&@MN_;;W:MR:+:@Q8_!DJ^[D7%%<ZJ()
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MK,QQ??VC JUDKX_#)D1X@NK5E(C/QK)O4Q8"HZV/J)KG7!$0',);TY8$]/H
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M@O,O0C)O>+.$X97WDY&+2=FGZIAMOR>28^<*$^DMKDM!]#+WU27?9T62^45
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MP $L1)[#[T#T==(!:LRGJ*ZCT3$&3?M RH1[4C 3X!N:#%F-](%.06,?#MP
M#168>?V*&M%V@8WB+2EZ4L:>@/,)Z?FD[4]QBR:#_+F=BHSUUZ(KG4ON!QN\
MGV[('7QN.J#\HAU0A*)/J+&&ET;'#*4O_3R:';)U.FW^^R@Z#6^$\5X09M=[
MS"DY _)K_7N[]@ZK,R,Q(+W=#2JB->J/3[V2^K(/(Q?].=N![\0./+/NJ#P7
MLWG(!W(\D-^G8X4TD'I'?/9%,$5K3WOMWG"P$#T0Q7*A=;XE&,.#\00H#4\#
MD!L8GP,PN4?#?OW2#AC._3X*W4XV %.I \8"_X8%1FJG5H?58"$'8S:5=P]
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M,O"]&.AO+7CY%EM7O*O!KUX#HZO >(;<*]]PES%M9ZT0RE<,2_VHR"R$54>
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M1@HHI.'L$4*(<BN?DFA36T3EK/Q\@*?@[-2DU'<U@Y#'"N?1#QC=?OFXT57
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MM3#,^2#\L/FH\J%:M?1!RQ4KZ"YM,.W5H\5_3X_!8$ ^*<I/B21FYG!ZY&N
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MY?=P!0<!J\U%Z62,NY'QU></L!GSN$"+$:@'\-:<%VD,32+5!-A#8'C(^VP
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MJ1G#&=V6[HKQNZ0:K5[:EV;5T9F)&-6O'='K^8X(6ETP+E7MCO'N4@G*=>;
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M=N:P2S4_"WLC1Z_PX\CQ8TV1G]53&<NGTNX#)(69J_/(V3EO!PAI:[I7ZL5
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M4YJ36% \9XNO1V'5W4JME;YS#-=IRL7TYI<FP@IDP\8U@(C5LR7?8"Y!L[F
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M9@B9S?!%Z-JT6>O-I.X;T+D1D0Q"]M"CJEXOL%Q*K?N!<U/\H(3(#2&S&\S
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M;[<%O*U>;P=Z.[W>#O1V#3YKTX=MO=X.]'9ZO1WH[?1Z.]#;Z?5VH+?3Z^U
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M7OJ+I:&[_0U02P$"% ,4    " #RAF%,'R// \     3 @  "P
M    @ $     7W)E;',O+G)E;'-02P$"% ,4    " #RAF%,9O,+8((   "Q
M    $               @ 'I    9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0
M   ( /*&84S&))#L[@   "L"   1              "  9D!  !D;V-0<F]P
M<R]C;W)E+GAM;%!+ 0(4 Q0    ( /*&84R97)PC$ 8  )PG   3
M      "  ;8"  !X;"]T:&5M92]T:&5M93$N>&UL4$L! A0#%     @ \H9A
M3#O!U+NQ @  " H  !@              ( !]P@  'AL+W=O<FMS:&5E=',O
M<VAE970Q+GAM;%!+ 0(4 Q0    ( /*&84R4^F\BCP4  %$@   8
M      "  =X+  !X;"]W;W)K<VAE971S+W-H965T,BYX;6Q02P$"% ,4
M" #RAF%,K'LO5QH#  !<#0  &               @ &C$0  >&PO=V]R:W-H
M965T<R]S:&5E=#,N>&UL4$L! A0#%     @ \H9A3"*0>*!-!@  C24  !@
M             ( !\Q0  'AL+W=O<FMS:&5E=',O<VAE970T+GAM;%!+ 0(4
M Q0    ( /*&84P[>T'Y^ $  'L%   8              "  78;  !X;"]W
M;W)K<VAE971S+W-H965T-2YX;6Q02P$"% ,4    " #RAF%,Z89N IP#   R
M$0  &               @ &D'0  >&PO=V]R:W-H965T<R]S:&5E=#8N>&UL
M4$L! A0#%     @ \H9A3!7+&$YY!0  \1T  !@              ( !=B$
M 'AL+W=O<FMS:&5E=',O<VAE970W+GAM;%!+ 0(4 Q0    ( /*&84S!_X 5
MW0$  ),$   8              "  24G  !X;"]W;W)K<VAE971S+W-H965T
M."YX;6Q02P$"% ,4    " #RAF%,%L?PG$H'   W+   &
M@ $X*0  >&PO=V]R:W-H965T<R]S:&5E=#DN>&UL4$L! A0#%     @ \H9A
M3&B LP.S 0  T@,  !D              ( !N#   'AL+W=O<FMS:&5E=',O
M<VAE970Q,"YX;6Q02P$"% ,4    " #RAF%, 6,L'+0!  #2 P  &0
M        @ &B,@  >&PO=V]R:W-H965T<R]S:&5E=#$Q+GAM;%!+ 0(4 Q0
M   ( /*&84S/:@^HM $  -(#   9              "  8TT  !X;"]W;W)K
M<VAE971S+W-H965T,3(N>&UL4$L! A0#%     @ \H9A3+<\5C.T 0  T@,
M !D              ( !>#8  'AL+W=O<FMS:&5E=',O<VAE970Q,RYX;6Q0
M2P$"% ,4    " #RAF%,/>N4S+4!  #2 P  &0              @ %C.
M>&PO=V]R:W-H965T<R]S:&5E=#$T+GAM;%!+ 0(4 Q0    ( /*&84Q2<WPY
MLP$  -(#   9              "  4\Z  !X;"]W;W)K<VAE971S+W-H965T
M,34N>&UL4$L! A0#%     @ \H9A3'GW9:^V 0  T@,  !D
M ( !.3P  'AL+W=O<FMS:&5E=',O<VAE970Q-BYX;6Q02P$"% ,4    " #R
MAF%,=9&/,+0!  #2 P  &0              @ $F/@  >&PO=V]R:W-H965T
M<R]S:&5E=#$W+GAM;%!+ 0(4 Q0    ( /*&84R,>6NPM $  -(#   9
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M970R,BYX;6Q02P$"% ,4    " #RAF%,PT=OD+8!  #2 P  &0
M    @ &J20  >&PO=V]R:W-H965T<R]S:&5E=#(S+GAM;%!+ 0(4 Q0    (
M /*&84Q%$H<9MP$  -(#   9              "  9=+  !X;"]W;W)K<VAE
M971S+W-H965T,C0N>&UL4$L! A0#%     @ \H9A3!AA"$&W 0  T@,  !D
M             ( !A4T  'AL+W=O<FMS:&5E=',O<VAE970R-2YX;6Q02P$"
M% ,4    " #RAF%,K>-74[0!  #2 P  &0              @ %S3P  >&PO
M=V]R:W-H965T<R]S:&5E=#(V+GAM;%!+ 0(4 Q0    ( /*&84S^4FW/MP$
M -(#   9              "  5Y1  !X;"]W;W)K<VAE971S+W-H965T,C<N
M>&UL4$L! A0#%     @ \H9A3+C( :VW 0  T@,  !D              ( !
M3%,  'AL+W=O<FMS:&5E=',O<VAE970R."YX;6Q02P$"% ,4    " #RAF%,
MO2L<P;,!  #2 P  &0              @ $Z50  >&PO=V]R:W-H965T<R]S
M:&5E=#(Y+GAM;%!+ 0(4 Q0    ( /*&84SC/:%2MP$  -(#   9
M      "  217  !X;"]W;W)K<VAE971S+W-H965T,S N>&UL4$L! A0#%
M  @ \H9A3.PA6DBW 0  T@,  !D              ( !$ED  'AL+W=O<FMS
M:&5E=',O<VAE970S,2YX;6Q02P$"% ,4    " #RAF%,Y?7_R[,!  #2 P
M&0              @ $ 6P  >&PO=V]R:W-H965T<R]S:&5E=#,R+GAM;%!+
M 0(4 Q0    ( /*&84PX80-6C (  -P)   9              "  >I<  !X
M;"]W;W)K<VAE971S+W-H965T,S,N>&UL4$L! A0#%     @ \H9A3/:2-V.X
M 0  T@,  !D              ( !K5\  'AL+W=O<FMS:&5E=',O<VAE970S
M-"YX;6Q02P$"% ,4    " #RAF%,.,%E^[<!  #2 P  &0
M@ &<80  >&PO=V]R:W-H965T<R]S:&5E=#,U+GAM;%!+ 0(4 Q0    ( /*&
M84S_5#ZHT0$  )P$   9              "  8IC  !X;"]W;W)K<VAE971S
M+W-H965T,S8N>&UL4$L! A0#%     @ \H9A3)%V)9_H 0  9@4  !D
M         ( !DF4  'AL+W=O<FMS:&5E=',O<VAE970S-RYX;6Q02P$"% ,4
M    " #RAF%,K3G+%@X"  "<!@  &0              @ &Q9P  >&PO=V]R
M:W-H965T<R]S:&5E=#,X+GAM;%!+ 0(4 Q0    ( /*&84R=K,/%!0(  #0&
M   9              "  ?9I  !X;"]W;W)K<VAE971S+W-H965T,SDN>&UL
M4$L! A0#%     @ \H9A3+I:IF;. 0  G 0  !D              ( !,FP
M 'AL+W=O<FMS:&5E=',O<VAE970T,"YX;6Q02P$"% ,4    " #RAF%,>R9D
M:>D!  !E!0  &0              @ $W;@  >&PO=V]R:W-H965T<R]S:&5E
M=#0Q+GAM;%!+ 0(4 Q0    ( /*&84SBDTE)WP$   $%   9
M  "  5=P  !X;"]W;W)K<VAE971S+W-H965T-#(N>&UL4$L! A0#%     @
M\H9A3/;I@W_# 0  -P0  !D              ( !;7(  'AL+W=O<FMS:&5E
M=',O<VAE970T,RYX;6Q02P$"% ,4    " #RAF%,O5I^MM\!   !!0  &0
M            @ %G=   >&PO=V]R:W-H965T<R]S:&5E=#0T+GAM;%!+ 0(4
M Q0    ( /*&84P"W.E?Q $  #<$   9              "  7UV  !X;"]W
M;W)K<VAE971S+W-H965T-#4N>&UL4$L! A0#%     @ \H9A3.I<&9^X 0
MT@,  !D              ( !>'@  'AL+W=O<FMS:&5E=',O<VAE970T-BYX
M;6Q02P$"% ,4    " #RAF%,24YE%[8!  #2 P  &0              @ %G
M>@  >&PO=V]R:W-H965T<R]S:&5E=#0W+GAM;%!+ 0(4 Q0    ( /*&84PT
M!,VFQ $  #<$   9              "  51\  !X;"]W;W)K<VAE971S+W-H
M965T-#@N>&UL4$L! A0#%     @ \H9A3&69<?!P P  H!   !D
M     ( !3WX  'AL+W=O<FMS:&5E=',O<VAE970T.2YX;6Q02P$"% ,4
M" #RAF%,9Q<2ZX,"   L"@  &0              @ 'V@0  >&PO=V]R:W-H
M965T<R]S:&5E=#4P+GAM;%!+ 0(4 Q0    ( /*&84P%-SDAS $  #<$   9
M              "  ;"$  !X;"]W;W)K<VAE971S+W-H965T-3$N>&UL4$L!
M A0#%     @ \H9A3,FGPPD" @  <P4  !D              ( !LX8  'AL
M+W=O<FMS:&5E=',O<VAE970U,BYX;6Q02P$"% ,4    " #RAF%,EB"8*1L'
M   ?+   &0              @ 'LB   >&PO=V]R:W-H965T<R]S:&5E=#4S
M+GAM;%!+ 0(4 Q0    ( /*&84S/>E;:3 (  %L'   9              "
M 3Z0  !X;"]W;W)K<VAE971S+W-H965T-30N>&UL4$L! A0#%     @ \H9A
M3,7ZCZ36 @  @PH  !D              ( !P9(  'AL+W=O<FMS:&5E=',O
M<VAE970U-2YX;6Q02P$"% ,4    " #RAF%,VT&2PCX"  "U!P  &0
M        @ '.E0  >&PO=V]R:W-H965T<R]S:&5E=#4V+GAM;%!+ 0(4 Q0
M   ( /*&84R:05[L?P4  .<B   9              "  4.8  !X;"]W;W)K
M<VAE971S+W-H965T-3<N>&UL4$L! A0#%     @ \H9A3%D<LV^Z @  40H
M !D              ( !^9T  'AL+W=O<FMS:&5E=',O<VAE970U."YX;6Q0
M2P$"% ,4    " #RAF%,#)UWXQ($   N%   &0              @ 'JH
M>&PO=V]R:W-H965T<R]S:&5E=#4Y+GAM;%!+ 0(4 Q0    ( /*&84R^[*T5
M3 ,  !8.   9              "  3.E  !X;"]W;W)K<VAE971S+W-H965T
M-C N>&UL4$L! A0#%     @ \H9A3&R\")F"!   L1<  !D
M ( !MJ@  'AL+W=O<FMS:&5E=',O<VAE970V,2YX;6Q02P$"% ,4    " #R
MAF%,S&?(G>L"  #I"P  &0              @ %OK0  >&PO=V]R:W-H965T
M<R]S:&5E=#8R+GAM;%!+ 0(4 Q0    ( /*&84P\D+*"ZP8  &TK   9
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M970V-RYX;6Q02P$"% ,4    " #RAF%,^(&CY X+  ![30  &0
M    @ &+T@  >&PO=V]R:W-H965T<R]S:&5E=#8X+GAM;%!+ 0(4 Q0    (
M /*&84QACWDV90,  *D/   9              "  =#=  !X;"]W;W)K<VAE
M971S+W-H965T-CDN>&UL4$L! A0#%     @ \H9A3*4&(_PZ!   -Q8  !D
M             ( !;.$  'AL+W=O<FMS:&5E=',O<VAE970W,"YX;6Q02P$"
M% ,4    " #RAF%,T\11GTL#  #Q#@  &0              @ '=Y0  >&PO
M=V]R:W-H965T<R]S:&5E=#<Q+GAM;%!+ 0(4 Q0    ( /*&84RIY,:57P(
M /L'   9              "  5_I  !X;"]W;W)K<VAE971S+W-H965T-S(N
M>&UL4$L! A0#%     @ \H9A3%HJA/@R"   *#@  !D              ( !
M]>L  'AL+W=O<FMS:&5E=',O<VAE970W,RYX;6Q02P$"% ,4    " #RAF%,
M=WE*J$0#  !2#P  &0              @ %>]   >&PO=V]R:W-H965T<R]S
M:&5E=#<T+GAM;%!+ 0(4 Q0    ( /*&84P#-HS*J0<  "HV   9
M      "  =GW  !X;"]W;W)K<VAE971S+W-H965T-S4N>&UL4$L! A0#%
M  @ \H9A3,\NCB1I!   +!D  !D              ( !N?\  'AL+W=O<FMS
M:&5E=',O<VAE970W-BYX;6Q02P$"% ,4    " #RAF%,9\YL_+4#   *%
M&0              @ %9! $ >&PO=V]R:W-H965T<R]S:&5E=#<W+GAM;%!+
M 0(4 Q0    ( /*&84R<=YPL9@(  ",(   9              "  44( 0!X
M;"]W;W)K<VAE971S+W-H965T-S@N>&UL4$L! A0#%     @ \H9A3+KU))0R
M @  =P8  !D              ( !X@H! 'AL+W=O<FMS:&5E=',O<VAE970W
M.2YX;6Q02P$"% ,4    " #RAF%,N\+1.NH!  !H!0  &0
M@ %+#0$ >&PO=V]R:W-H965T<R]S:&5E=#@P+GAM;%!+ 0(4 Q0    ( /*&
M84S)/JZJ.P4  )XA   9              "  6P/ 0!X;"]W;W)K<VAE971S
M+W-H965T.#$N>&UL4$L! A0#%     @ \H9A3 QKD(XB!0  G1\  !D
M         ( !WA0! 'AL+W=O<FMS:&5E=',O<VAE970X,BYX;6Q02P$"% ,4
M    " #RAF%,$RSTP]P"   B#   &0              @ $W&@$ >&PO=V]R
M:W-H965T<R]S:&5E=#@S+GAM;%!+ 0(4 Q0    ( /*&84RE\&'!8P0  %L9
M   9              "  4H= 0!X;"]W;W)K<VAE971S+W-H965T.#0N>&UL
M4$L! A0#%     @ \H9A3#*Z"$L2!   ^10  !D              ( !Y"$!
M 'AL+W=O<FMS:&5E=',O<VAE970X-2YX;6Q02P$"% ,4    " #RAF%,Z<TB
MU"X"   [!P  &0              @ $M)@$ >&PO=V]R:W-H965T<R]S:&5E
M=#@V+GAM;%!+ 0(4 Q0    ( /*&84Q.BW)8I00  *<8   9
M  "  9(H 0!X;"]W;W)K<VAE971S+W-H965T.#<N>&UL4$L! A0#%     @
M\H9A3#A_L(A^ @  2 D  !D              ( !;BT! 'AL+W=O<FMS:&5E
M=',O<VAE970X."YX;6Q02P$"% ,4    " #RAF%,8Y#+= L"  "*!0  &0
M            @ $C, $ >&PO=V]R:W-H965T<R]S:&5E=#@Y+GAM;%!+ 0(4
M Q0    ( /*&84S]3P_I+0(  'L&   9              "  64R 0!X;"]W
M;W)K<VAE971S+W-H965T.3 N>&UL4$L! A0#%     @ \H9A3.<A>[[\ @
MSPP  !D              ( !R30! 'AL+W=O<FMS:&5E=',O<VAE970Y,2YX
M;6Q02P$"% ,4    " #RAF%,]M]?0;X"  !H"P  &0              @ '\
M-P$ >&PO=V]R:W-H965T<R]S:&5E=#DR+GAM;%!+ 0(4 Q0    ( /*&84R'
M'LSN7P,  /X/   9              "  ?$Z 0!X;"]W;W)K<VAE971S+W-H
M965T.3,N>&UL4$L! A0#%     @ \H9A3!Q-WKVZ 0  U@,  !D
M     ( !ASX! 'AL+W=O<FMS:&5E=',O<VAE970Y-"YX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( /*&84QPQ!?450<  .LN   9              "
M 0-6 0!X;"]W;W)K<VAE971S+W-H965T.3DN>&UL4$L! A0#%     @ \H9A
M3!5EP FH @  -0H  !H              ( !CUT! 'AL+W=O<FMS:&5E=',O
M<VAE970Q,# N>&UL4$L! A0#%     @ \H9A3!92W=-2 @  AP<  !H
M         ( !;V ! 'AL+W=O<FMS:&5E=',O<VAE970Q,#$N>&UL4$L! A0#
M%     @ \H9A3%&?:UY= P  8@\  !H              ( !^6(! 'AL+W=O
M<FMS:&5E=',O<VAE970Q,#(N>&UL4$L! A0#%     @ \H9A3+229/(4 P
M)PX  !H              ( !CF8! 'AL+W=O<FMS:&5E=',O<VAE970Q,#,N
M>&UL4$L! A0#%     @ \H9A3!48W9N: P  %A(  !H              ( !
MVFD! 'AL+W=O<FMS:&5E=',O<VAE970Q,#0N>&UL4$L! A0#%     @ \H9A
M3(Y_.0LF P  I@L  !H              ( !K&T! 'AL+W=O<FMS:&5E=',O
M<VAE970Q,#4N>&UL4$L! A0#%     @ \H9A3!<_4_;V @  8@L  !H
M         ( !"G$! 'AL+W=O<FMS:&5E=',O<VAE970Q,#8N>&UL4$L! A0#
M%     @ \H9A3-Q&C9F1 P  6!   !H              ( !.'0! 'AL+W=O
M<FMS:&5E=',O<VAE970Q,#<N>&UL4$L! A0#%     @ \H9A3-]>GMR!!
MOA@  !H              ( ! 7@! 'AL+W=O<FMS:&5E=',O<VAE970Q,#@N
M>&UL4$L! A0#%     @ \H9A3(0A^J\Q @  2 8  !H              ( !
MNGP! 'AL+W=O<FMS:&5E=',O<VAE970Q,#DN>&UL4$L! A0#%     @ \H9A
M3!1VW])M P  X@\  !H              ( !(W\! 'AL+W=O<FMS:&5E=',O
M<VAE970Q,3 N>&UL4$L! A0#%     @ \H9A3,ZI#2C5 @  . L  !H
M         ( !R((! 'AL+W=O<FMS:&5E=',O<VAE970Q,3$N>&UL4$L! A0#
M%     @ \H9A3&,1AM6M 0  P0,  !H              ( !U84! 'AL+W=O
M<FMS:&5E=',O<VAE970Q,3(N>&UL4$L! A0#%     @ \H9A3 2(AIDY!0
MF"4  !H              ( !NH<! 'AL+W=O<FMS:&5E=',O<VAE970Q,3,N
M>&UL4$L! A0#%     @ \H9A3#EVF3]7!@  _B4  !H              ( !
M*XT! 'AL+W=O<FMS:&5E=',O<VAE970Q,30N>&UL4$L! A0#%     @ \H9A
M3 S0GL4\!   LQ4  !H              ( !NI,! 'AL+W=O<FMS:&5E=',O
M<VAE970Q,34N>&UL4$L! A0#%     @ \H9A3"<6.9NQ P  YA$  !H
M         ( !+I@! 'AL+W=O<FMS:&5E=',O<VAE970Q,38N>&UL4$L! A0#
M%     @ \H9A3.=K0QP9"0  9SL  !H              ( !%YP! 'AL+W=O
M<FMS:&5E=',O<VAE970Q,3<N>&UL4$L! A0#%     @ \H9A3)5/K]36 @
MW H  !H              ( !:*4! 'AL+W=O<FMS:&5E=',O<VAE970Q,3@N
M>&UL4$L! A0#%     @ \H9A3(B'"8!, @  @P<  !H              ( !
M=J@! 'AL+W=O<FMS:&5E=',O<VAE970Q,3DN>&UL4$L! A0#%     @ \H9A
M3*/:#5ECKP$ )@4' !0              ( !^JH! 'AL+W-H87)E9%-T<FEN
M9W,N>&UL4$L! A0#%     @ \H9A3'F#'!EP @  QPX   T
M ( !CUH# 'AL+W-T>6QE<RYX;6Q02P$"% ,4    " #RAF%,X8H_%PH(  "X
M30  #P              @ $J70, >&PO=V]R:V)O;VLN>&UL4$L! A0#%
M  @ \H9A3-6<)(!? P  948  !H              ( !864# 'AL+U]R96QS
M+W=O<FMB;V]K+GAM;"YR96QS4$L! A0#%     @ \H9A3)^NVX^= @  B4,
M !,              ( !^&@# %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&
/ (  @ !&(P  QFL#

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}

	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};

Show.toggleNext = function( link ){
	var ref = link;

	do{
		ref = ref.nextSibling;
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>136
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>138
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='UTF-8'?>
<FilingSummary>
  <Version>3.8.0.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>971</ContextCount>
  <ElementCount>651</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>true</FootnotesReported>
  <SegmentCount>292</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>10</UnitCount>
  <MyReports>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>000001 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DocumentDocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>000002 - Statement - Consolidated Balance Sheets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedBalanceSheets</Role>
      <ShortName>Consolidated Balance Sheets</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>000003 - Statement - Consolidated Balance Sheets (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedBalanceSheetsParenthetical</Role>
      <ShortName>Consolidated Balance Sheets (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>000004 - Statement - Consolidated Statements Of Operations</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfOperations</Role>
      <ShortName>Consolidated Statements Of Operations</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>000005 - Statement - Consolidated Statements Of Operations (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfOperationsParenthetical</Role>
      <ShortName>Consolidated Statements Of Operations (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>000006 - Statement - Consolidated Statements Of Comprehensive Income (Loss)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ConsolidatedStatementsOfComprehensiveIncomeLoss</Role>
      <ShortName>Consolidated Statements Of Comprehensive Income (Loss)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>000007 - Statement - Consolidated Statement Of Changes In Shareholders' Equity</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquity</Role>
      <ShortName>Consolidated Statement Of Changes In Shareholders' Equity</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>000008 - Statement - Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementOfChangesInShareholdersEquityParenthetical</Role>
      <ShortName>Consolidated Statement Of Changes In Shareholders' Equity (Parenthetical)</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>000009 - Statement - Consolidated Statements Of Cash Flows</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/StatementConsolidatedStatementsOfCashFlows</Role>
      <ShortName>Consolidated Statements Of Cash Flows</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>101000 - Disclosure - Business Developments and Risks and Uncertainties</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties</Role>
      <ShortName>Business Developments and Risks and Uncertainties</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>102000 - Disclosure - Significant Accounting Policies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPolicies</Role>
      <ShortName>Significant Accounting Policies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>103000 - Disclosure - Recent Accounting Pronouncements</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureRecentAccountingPronouncements</Role>
      <ShortName>Recent Accounting Pronouncements</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>104000 - Disclosure - Variable Interest Entities</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntities</Role>
      <ShortName>Variable Interest Entities</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>105000 - Disclosure - Insurance Premiums</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiums</Role>
      <ShortName>Insurance Premiums</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>106000 - Disclosure - Loss and Loss Adjustment Expense Reserves</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves</Role>
      <ShortName>Loss and Loss Adjustment Expense Reserves</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>107000 - Disclosure - Fair Value Of Financial Instruments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</Role>
      <ShortName>Fair Value Of Financial Instruments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>16</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>108000 - Disclosure - Investments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestments</Role>
      <ShortName>Investments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>17</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>109000 - Disclosure - Derivative Instruments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstruments</Role>
      <ShortName>Derivative Instruments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>18</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>110000 - Disclosure - Debt</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebt</Role>
      <ShortName>Debt</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>19</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>111000 - Disclosure - Income Taxes</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxes</Role>
      <ShortName>Income Taxes</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>20</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>112000 - Disclosure - Business Segments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegments</Role>
      <ShortName>Business Segments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>21</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>113000 - Disclosure - Insurance in Force</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceInForce</Role>
      <ShortName>Insurance in Force</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>22</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>114000 - Disclosure - Insurance Regulations and Dividends</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceRegulationsAndDividends</Role>
      <ShortName>Insurance Regulations and Dividends</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>23</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>115000 - Disclosure - Pension and Profit- Sharing Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/PensionAndProfitSharingPlans</Role>
      <ShortName>Pension and Profit- Sharing Plans</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>24</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>116000 - Disclosure - Long-term Incentive Plans</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongtermIncentivePlans</Role>
      <ShortName>Long-term Incentive Plans</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>25</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>117000 - Disclosure - Earnings Per Share</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShare</Role>
      <ShortName>Earnings Per Share</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>26</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>118000 - Disclosure - Common and Preferred Stock</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStock</Role>
      <ShortName>Common and Preferred Stock</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>27</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>119000 - Disclosure - Accumulated Other Comprehensive Income</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome</Role>
      <ShortName>Accumulated Other Comprehensive Income</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>28</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>121000 - Disclosure - Commitments and Contingencies</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureCommitmentsAndContingencies</Role>
      <ShortName>Commitments and Contingencies</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>29</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>123000 - Disclosure - Schedule I- Investments</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIInvestments</Role>
      <ShortName>Schedule I- Investments</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>30</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>124000 - Disclosure - Schedule II- Parent Company Financials</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIIParentCompanyFinancials</Role>
      <ShortName>Schedule II- Parent Company Financials</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>31</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>125000 - Disclosure - Schedule IV - Reinsurance</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIVReinsurance</Role>
      <ShortName>Schedule IV - Reinsurance</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>32</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>200000 - Disclosure - Significant Accounting Policies (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureSignificantAccountingPoliciesPolicies</Role>
      <ShortName>Significant Accounting Policies (Policies)</ShortName>
      <MenuCategory>Policies</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureSignificantAccountingPolicies</ParentRole>
      <Position>33</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>301000 - Disclosure - Business Developments and Risks and Uncertainties (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessDevelopmentsAndRisksAndUncertaintiesTables</Role>
      <ShortName>Business Developments and Risks and Uncertainties (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertainties</ParentRole>
      <Position>34</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>304000 - Disclosure - Variable Interest Entities (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/VariableInterestEntitiesTables</Role>
      <ShortName>Variable Interest Entities (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureVariableInterestEntities</ParentRole>
      <Position>35</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>305000 - Disclosure - Insurance Premiums (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsTables</Role>
      <ShortName>Insurance Premiums (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsurancePremiums</ParentRole>
      <Position>36</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>306000 - Disclosure - Loss and Loss Adjustment Expense Reserves (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReservesTables</Role>
      <ShortName>Loss and Loss Adjustment Expense Reserves (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureLossAndLossAdjustmentExpenseReserves</ParentRole>
      <Position>37</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>307000 - Disclosure - Fair Value of Financial Instruments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsTables</Role>
      <ShortName>Fair Value of Financial Instruments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <Position>38</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>308000 - Disclosure - Investments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsTables</Role>
      <ShortName>Investments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestments</ParentRole>
      <Position>39</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R40.htm</HtmlFileName>
      <LongName>309000 - Disclosure - Derivative Instruments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</Role>
      <ShortName>Derivative Instruments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDerivativeInstruments</ParentRole>
      <Position>40</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R41.htm</HtmlFileName>
      <LongName>310000 - Disclosure - Debt (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DebtTables</Role>
      <ShortName>Debt (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDebt</ParentRole>
      <Position>41</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R42.htm</HtmlFileName>
      <LongName>311000 - Disclosure - Income Taxes (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesTables</Role>
      <ShortName>Income Taxes (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxes</ParentRole>
      <Position>42</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R43.htm</HtmlFileName>
      <LongName>312000 - Disclosure - Business Segments (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegmentsTables</Role>
      <ShortName>Business Segments (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureBusinessSegments</ParentRole>
      <Position>43</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R44.htm</HtmlFileName>
      <LongName>313000 - Disclosure - Insurance In Force (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceInForceTables</Role>
      <ShortName>Insurance In Force (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <Position>44</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R45.htm</HtmlFileName>
      <LongName>316001 - Disclosure - Long-term Incentive Plans (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongtermIncentivePlansTables</Role>
      <ShortName>Long-term Incentive Plans (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/LongtermIncentivePlans</ParentRole>
      <Position>45</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R46.htm</HtmlFileName>
      <LongName>317000 - Disclosure - Earnings Per Share (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShareTables</Role>
      <ShortName>Earnings Per Share (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureEarningsPerShare</ParentRole>
      <Position>46</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R47.htm</HtmlFileName>
      <LongName>318000 - Disclosure - Common and Preferred Stock (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStockTables</Role>
      <ShortName>Common and Preferred Stock (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/CommonAndPreferredStock</ParentRole>
      <Position>47</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R48.htm</HtmlFileName>
      <LongName>319000 - Disclosure - Accumulated Other Comprehensive Income (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables</Role>
      <ShortName>Accumulated Other Comprehensive Income (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncome</ParentRole>
      <Position>48</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R49.htm</HtmlFileName>
      <LongName>401001 - Disclosure - Business Developments And Risks And Uncertainties (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesNarrativeDetail</Role>
      <ShortName>Business Developments And Risks And Uncertainties (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>49</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R50.htm</HtmlFileName>
      <LongName>401004 - Disclosure - Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessDevelopmentsAndRisksAndUncertaintiesAssetsAndLiabilitiesHeldForSaleDetail</Role>
      <ShortName>Business Developments And Risks And Uncertainties (Assets And Liabilities Held For Sale) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>50</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R51.htm</HtmlFileName>
      <LongName>403001 - Disclosure - Recent Accounting Pronouncements (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/RecentAccountingPronouncementsNarrativeDetail</Role>
      <ShortName>Recent Accounting Pronouncements (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureRecentAccountingPronouncements</ParentRole>
      <Position>51</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R52.htm</HtmlFileName>
      <LongName>404001 - Disclosure - Variable Interest Entities (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntitiesNarrativeDetail</Role>
      <ShortName>Variable Interest Entities (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/VariableInterestEntitiesTables</ParentRole>
      <Position>52</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R53.htm</HtmlFileName>
      <LongName>404002 - Disclosure - Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureVariableInterestEntitiesSummaryOfNonconsolidatedVIEsAssetsAndLiabilitiesDetail</Role>
      <ShortName>Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/VariableInterestEntitiesTables</ParentRole>
      <Position>53</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R54.htm</HtmlFileName>
      <LongName>405001 - Disclosure - Insurance Premiums (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsurancePremiumsNarrativeDetail</Role>
      <ShortName>Insurance Premiums (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsurancePremiumsTables</ParentRole>
      <Position>54</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R55.htm</HtmlFileName>
      <LongName>405002 - Disclosure - Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsRollForwardOfPremiumsReceivableDetail</Role>
      <ShortName>Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsurancePremiumsTables</ParentRole>
      <Position>55</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R56.htm</HtmlFileName>
      <LongName>405003 - Disclosure - Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsUndiscountedFutureAmountOfPremiumsExpectedToBeCollectedAndPeriodWhichThoseCollectionsAreExpectedToOccurDetail</Role>
      <ShortName>Insurance Premiums (Undiscounted Future Amount Of Premiums Expected To Be Collected And Period Which Those Collections Are Expected To Occur) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsurancePremiumsTables</ParentRole>
      <Position>56</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R57.htm</HtmlFileName>
      <LongName>405004 - Disclosure - Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsurancePremiumsUnearnedPremiumRevenueBalanceAndFutureExpectedEarningsDetail</Role>
      <ShortName>Insurance Premiums (Unearned Premium Revenue Balance And Future Expected Earnings) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsurancePremiumsTables</ParentRole>
      <Position>57</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R58.htm</HtmlFileName>
      <LongName>406001 - Disclosure - Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesLossAndLAEActivityNarrativeDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Loss And LAE Activity) (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>58</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R59.htm</HtmlFileName>
      <LongName>406002 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule OF Losses And Loss Adjustment Expenses Reserves and Recoveries) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOFLossesAndLossAdjustmentExpensesReservesAndRecoveriesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule OF Losses And Loss Adjustment Expenses Reserves and Recoveries) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>59</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R60.htm</HtmlFileName>
      <LongName>406003 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossAndLossAdjustmentExpensesReservesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Loss And Loss Adjustment Expenses Reserves) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>60</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R61.htm</HtmlFileName>
      <LongName>406004 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfInsuranceLossRecoverableAndChangesInRecoveriesOnUnpaidLossesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Insurance Loss Recoverable And Changes In Recoveries On Unpaid Losses) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>61</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R62.htm</HtmlFileName>
      <LongName>406005 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfLossesAndLossAdjustmentExpensesDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Losses And Loss Adjustment Expenses) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>62</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R63.htm</HtmlFileName>
      <LongName>406006 - Disclosure - Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LossAndLossAdjustmentExpenseReservesScheduleOfFinancialGuaranteesAndRelatedClaimLiabilityDetail</Role>
      <ShortName>Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>63</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R64.htm</HtmlFileName>
      <LongName>407001 - Disclosure - Fair Value Of Financial Instruments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsNarrativeDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>64</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R65.htm</HtmlFileName>
      <LongName>407002 - Disclosure - Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsQuantitativeInformationRegardingTheSignificantUnobservableInputsForCertainAssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Quantitative Information Regarding The Significant Unobservable Inputs For Certain Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>65</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R66.htm</HtmlFileName>
      <LongName>407003 - Disclosure - Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsCompanysAssetsAndLiabilitiesMeasuredAtFairValueOnRecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Company's Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>66</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R67.htm</HtmlFileName>
      <LongName>407004 - Disclosure - Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsFairValueHierarchyTablePresentsTheCompanysAssetsAndLiabilitiesAtFairValueNotRecordedOnTheCompanysConsolidatedBalanceSheetDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Fair Value Hierarchy Table Presents The Company's Assets And Liabilities At Fair Value Not Recorded On The Company's Consolidated Balance Sheet) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>67</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R68.htm</HtmlFileName>
      <LongName>407005 - Disclosure - Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsChangesInLevel3AssetsAndLiabilitiesMeasuredAtFairValueOnARecurringBasisDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Changes In Level 3 Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>68</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R69.htm</HtmlFileName>
      <LongName>407006 - Disclosure - Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsRealizedAndUnrealizedGainsAndLossesIncludedInEarningsPertainingToLevel3AssetsAndLiabilitiesDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Realized And Unrealized Gains And Losses Included In Earnings Pertaining To Level 3 Assets And Liabilities) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>69</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R70.htm</HtmlFileName>
      <LongName>407007 - Disclosure - Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsGainsAndLossesOnFairValueOptionIncludedInTheCompanysConsolidatedStatementsOfOperationsDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Gains And Losses On Fair Value Option Included In The Company's Consolidated Statements Of Operations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>70</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R71.htm</HtmlFileName>
      <LongName>407008 - Disclosure - Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstrumentsAggregateFairValueAndRemainingContractualPrincipalBalanceOutstandingOnFairValueOptionDetail</Role>
      <ShortName>Fair Value Of Financial Instruments (Aggregate Fair Value And Remaining Contractual Principal Balance Outstanding On Fair Value Option) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureFairValueOfFinancialInstruments</ParentRole>
      <Position>71</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R72.htm</HtmlFileName>
      <LongName>408001 - Disclosure - Investments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsNarrativeDetail</Role>
      <ShortName>Investments (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>72</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R73.htm</HtmlFileName>
      <LongName>408002 - Disclosure - Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsAmortizedCostAndFairValueOfAvailableForSaleAndHeldToMaturityInvestmentPortfoliosDetail</Role>
      <ShortName>Investments (Amortized Cost And Fair Value Of Available-For-Sale and Held-To-Maturity Investment Portfolios) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>73</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R74.htm</HtmlFileName>
      <LongName>408003 - Disclosure - Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInvestmentsDistributionByContractualMaturityOfAvailableForSaleAndHeldToMaturityInvestmentsDetail</Role>
      <ShortName>Investments (Distribution By Contractual Maturity Of Available-For-Sale and Held-To-Maturity Investments) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>74</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R75.htm</HtmlFileName>
      <LongName>408004 - Disclosure - Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsGrossUnrealizedLossesRelatedToAvailableForSaleAndHeldToMaturityInvestmentsDetail</Role>
      <ShortName>Investments (Gross Unrealized Losses Related To Available-For-Sale And Held-To-Maturity Investments) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>75</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R76.htm</HtmlFileName>
      <LongName>408005 - Disclosure - Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsDistributionOfSecuritiesByPercentageOfFairValueBelowBookValueByMoreThan5ForAContinuousTwelveMonthPeriodOrLongerDetail</Role>
      <ShortName>Investments (Distribution Of Securities By Percentage Of Fair Value Below Book Value By More Than 5% For A Continuous Twelve Month Period Or Longer) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>76</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R77.htm</HtmlFileName>
      <LongName>408006 - Disclosure - Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsSecuritiesHeldInUnrealizedLossPositionAndInsuredByFinancialGuarantorDetail</Role>
      <ShortName>Investments (Securities Held In Unrealized Loss Position And Insured By Financial Guarantor) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>77</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R78.htm</HtmlFileName>
      <LongName>408007 - Disclosure - Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsCreditLossesRecognizedInEarningsRelatedToOTTILossesRecognizedInAccumulatedOtherComprehensiveIncomeLossDetail</Role>
      <ShortName>Investments (Credit Losses Recognized In Earnings Related To OTTI Losses Recognized In Accumulated Other Comprehensive Income (Loss)) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>78</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R79.htm</HtmlFileName>
      <LongName>408008 - Disclosure - Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InvestmentsNetRealizedGainsLossesFromSalesOfAvailableForSaleSecuritiesDetail</Role>
      <ShortName>Investments (Net Realized Gains (Losses) From Sales Of Available-For-Sale Securities) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureInvestmentsTables</ParentRole>
      <Position>79</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R80.htm</HtmlFileName>
      <LongName>409001 - Disclosure - Derivative Instruments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsNarrativeDetail</Role>
      <ShortName>Derivative Instruments (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</ParentRole>
      <Position>80</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R81.htm</HtmlFileName>
      <LongName>409002 - Disclosure - Derivative Instruments (Credit Derivatives Sold) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsCreditDerivativesSoldDetail</Role>
      <ShortName>Derivative Instruments (Credit Derivatives Sold) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</ParentRole>
      <Position>81</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R82.htm</HtmlFileName>
      <LongName>409003 - Disclosure - Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTotalFairValueOfCompanysDerivativeAssetsAndLiabilitiesByInstrumentAndBalanceSheetLocationBeforeCounterpartyNettingDetail</Role>
      <ShortName>Derivative Instruments (Total Fair Value Of Company's Derivative Assets And Liabilities By Instrument And Balance Sheet Location, Before Counterparty Netting) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</ParentRole>
      <Position>82</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R83.htm</HtmlFileName>
      <LongName>409004 - Disclosure - Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDerivativeInstrumentsEffectOfDerivativeInstrumentsOnConsolidatedStatementsOfOperationsDetail</Role>
      <ShortName>Derivative Instruments (Effect Of Derivative Instruments On Consolidated Statements Of Operations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureDerivativeInstrumentsTables</ParentRole>
      <Position>83</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R84.htm</HtmlFileName>
      <LongName>410001 - Disclosure - Debt (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtNarrativeDetail</Role>
      <ShortName>Debt (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DebtTables</ParentRole>
      <Position>84</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R85.htm</HtmlFileName>
      <LongName>410002 - Disclosure - Debt (Long-Term Debt) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtLongTermDebtDetail</Role>
      <ShortName>Debt (Long-Term Debt) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DebtTables</ParentRole>
      <Position>85</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R86.htm</HtmlFileName>
      <LongName>410003 - Disclosure - Debt (Aggregate Maturity Of Debt Obligations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureDebtAggregateMaturityOfDebtObligationsDetail</Role>
      <ShortName>Debt (Aggregate Maturity Of Debt Obligations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DebtTables</ParentRole>
      <Position>86</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R87.htm</HtmlFileName>
      <LongName>410004 - Disclosure - Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DebtPrincipalPaymentsForInvestmentAgreementsMTNsAndVIEObligationsDetail</Role>
      <ShortName>Debt (Principal Payments For Investment Agreements, MTNs and VIE Obligations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DebtTables</ParentRole>
      <Position>87</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R88.htm</HtmlFileName>
      <LongName>411001 - Disclosure - Income Taxes (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesNarrativeDetail</Role>
      <ShortName>Income Taxes (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>88</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R89.htm</HtmlFileName>
      <LongName>411002 - Disclosure - Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndRelatedEffectiveTaxRatesDetail</Role>
      <ShortName>Income Taxes (Income Taxes And Related Effective Tax Rates) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>89</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R90.htm</HtmlFileName>
      <LongName>411003 - Disclosure - Income Taxes (Income before Income Taxes) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeBeforeIncomeTaxesDetail</Role>
      <ShortName>Income Taxes (Income before Income Taxes) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>90</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R91.htm</HtmlFileName>
      <LongName>411004 - Disclosure - Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxesAndShareholdersEquityDetail</Role>
      <ShortName>Income Taxes (Income Taxes and Shareholders' Equity) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>91</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R92.htm</HtmlFileName>
      <LongName>411005 - Disclosure - Income Taxes (Income Tax Rate Reconciliation) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureIncomeTaxesIncomeTaxRateReconciliationDetail</Role>
      <ShortName>Income Taxes (Income Tax Rate Reconciliation) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>92</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R93.htm</HtmlFileName>
      <LongName>411006 - Disclosure - Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/IncomeTaxesComponentsOfDeferredTaxAssetsAndLiabilitiesDetail</Role>
      <ShortName>Income Taxes (Components Of Deferred Tax Assets and Liabilities) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureIncomeTaxesTables</ParentRole>
      <Position>93</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R94.htm</HtmlFileName>
      <LongName>412001 - Disclosure - Business Segments (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessSegmentsNarrativeDetail</Role>
      <ShortName>Business Segments (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureBusinessSegmentsTables</ParentRole>
      <Position>94</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R95.htm</HtmlFileName>
      <LongName>412002 - Disclosure - Business Segments (Summary Of Company's Segment Results) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureBusinessSegmentsSummaryOfCompanysSegmentResultsDetail</Role>
      <ShortName>Business Segments (Summary Of Company's Segment Results) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureBusinessSegmentsTables</ParentRole>
      <Position>95</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R96.htm</HtmlFileName>
      <LongName>412003 - Disclosure - Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/BusinessSegmentsSummaryOfPremiumsEarnedOnFinancialGuaranteesAndInsuredDerivativesByGeographicLocationOfRiskDetail</Role>
      <ShortName>Business Segments (Summary Of Premiums Earned On Financial Guarantees And Insured Derivatives By Geographic Location Of Risk) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureBusinessSegmentsTables</ParentRole>
      <Position>96</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R97.htm</HtmlFileName>
      <LongName>413001 - Disclosure - Insurance in Force (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceNarrativeDetail</Role>
      <ShortName>Insurance in Force (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsuranceInForce</ParentRole>
      <Position>97</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R98.htm</HtmlFileName>
      <LongName>413002 - Disclosure - Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceScheduleOfGeographicalDistributionOfInsuranceInForceDetail</Role>
      <ShortName>Insurance in Force (Schedule Of Geographical Distribution Of Insurance In Force) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsuranceInForce</ParentRole>
      <Position>98</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R99.htm</HtmlFileName>
      <LongName>413003 - Disclosure - Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services And Other Affiliated Companies) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceInForceScheduleOfInsuranceInForceByTypeOfBondExcludingTransactionsGuaranteedByMBIACorpOnBehalfOfVariousInvestmentManagementServicesAndOtherAffiliatedCompaniesDetail</Role>
      <ShortName>Insurance In Force (Schedule Of Insurance In Force By Type Of Bond, Excluding Transactions Guaranteed By MBIA Corp. On Behalf Of Various Investment Management Services And Other Affiliated Companies) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsuranceInForceTables</ParentRole>
      <Position>99</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R100.htm</HtmlFileName>
      <LongName>413004 - Disclosure - Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfCompanysReinsuranceAgreementsForUSPublicFinanceAndStructuredFinanceAndInternationalInsuranceOperationsDetail</Role>
      <ShortName>Insurance In Force (Summary Of Company's Reinsurance Agreements For U.S. Public Finance And Structured Finance And International Insurance Operations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsuranceInForceTables</ParentRole>
      <Position>100</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R101.htm</HtmlFileName>
      <LongName>413005 - Disclosure - Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureInsuranceInForceSummaryOfComponentsOfFinancialGuaranteeNetPremiumsEarnedIncludingPremiumsAssumedFromAndCededToOtherCompaniesDetail</Role>
      <ShortName>Insurance In Force (Summary Of Components Of Financial Guarantee Net Premiums Earned, Including Premiums Assumed From And Ceded To Other Companies) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/InsuranceInForceTables</ParentRole>
      <Position>101</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R102.htm</HtmlFileName>
      <LongName>414001 - Disclosure - Insurance Regulations And Dividends (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/InsuranceRegulationsAndDividendsNarrativeDetail</Role>
      <ShortName>Insurance Regulations And Dividends (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>102</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R103.htm</HtmlFileName>
      <LongName>415001 - Disclosure - Pension And Profit Sharing Plans (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/PensionAndProfitSharingPlansNarrativeDetail</Role>
      <ShortName>Pension And Profit Sharing Plans (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>103</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R104.htm</HtmlFileName>
      <LongName>416001 - Disclosure - Long-term Incentive Plans (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLongtermIncentivePlansNarrativeDetail</Role>
      <ShortName>Long-term Incentive Plans (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/LongtermIncentivePlansTables</ParentRole>
      <Position>104</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R105.htm</HtmlFileName>
      <LongName>416002 - Disclosure - Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureLongTermIncentivePlansRestrictedSharesOutstandingDetail</Role>
      <ShortName>Long-Term Incentive Plans (Restricted Shares Outstanding) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>105</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R106.htm</HtmlFileName>
      <LongName>416004 - Disclosure - Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/LongTermIncentivePlansStockOptionsOutstandingDetail</Role>
      <ShortName>Long-Term Incentive Plans (Stock Options Outstanding) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>106</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R107.htm</HtmlFileName>
      <LongName>417002 - Disclosure - Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureEarningsPerShareComputationOfBasicAndDilutedEarningsPerShareDetail</Role>
      <ShortName>Earnings Per Share (Computation Of Basic And Diluted Earnings Per Share) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureEarningsPerShareTables</ParentRole>
      <Position>107</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R108.htm</HtmlFileName>
      <LongName>418001 - Disclosure - Common and Preferred Stock (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStockNarrativeDetail</Role>
      <ShortName>Common and Preferred Stock (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/CommonAndPreferredStockTables</ParentRole>
      <Position>108</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R109.htm</HtmlFileName>
      <LongName>418002 - Disclosure - Common and Preferred Stock (Schedule of Share Repurchases) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/CommonAndPreferredStockScheduleOfShareRepurchasesDetail</Role>
      <ShortName>Common and Preferred Stock (Schedule of Share Repurchases) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/CommonAndPreferredStockTables</ParentRole>
      <Position>109</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R110.htm</HtmlFileName>
      <LongName>419001 - Disclosure - Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureAccumulatedOtherComprehensiveIncomeChangesInTheComponentsOfAOCIDetail</Role>
      <ShortName>Accumulated Other Comprehensive Income (Changes In The Components Of AOCI) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables</ParentRole>
      <Position>110</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R111.htm</HtmlFileName>
      <LongName>419002 - Disclosure - Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeDetailsOfTheReclassificationFromAOCIDetail</Role>
      <ShortName>Accumulated Other Comprehensive Income (Details Of The Reclassification From AOCI) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/AccumulatedOtherComprehensiveIncomeTables</ParentRole>
      <Position>111</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R112.htm</HtmlFileName>
      <LongName>421001 - Disclosure - Commitments and Contingencies (Narrative) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureCommitmentsAndContingenciesNarrativeDetail</Role>
      <ShortName>Commitments and Contingencies (Narrative) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/DisclosureCommitmentsAndContingencies</ParentRole>
      <Position>112</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R113.htm</HtmlFileName>
      <LongName>423001 - Disclosure - Schedule I- Investments (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIInvestmentsDetail</Role>
      <ShortName>Schedule I- Investments (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIInvestments</ParentRole>
      <Position>113</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R114.htm</HtmlFileName>
      <LongName>424001 - Disclosure - Schedule II (Condensed Balance Sheets) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedBalanceSheetsDetail</Role>
      <ShortName>Schedule II (Condensed Balance Sheets) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIInvestments</ParentRole>
      <Position>114</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R115.htm</HtmlFileName>
      <LongName>424002 - Disclosure - Schedule II (Condensed Statements Of Operations) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfOperationsDetail</Role>
      <ShortName>Schedule II (Condensed Statements Of Operations) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIInvestments</ParentRole>
      <Position>115</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R116.htm</HtmlFileName>
      <LongName>424003 - Disclosure - Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIICondensedStatementsOfComprehensiveIncomeLossDetail</Role>
      <ShortName>Schedule II (Condensed Statements Of Comprehensive Income (Loss)) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIInvestments</ParentRole>
      <Position>116</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R117.htm</HtmlFileName>
      <LongName>424004 - Disclosure - Schedule II - Condensed Statements Of Cash Flows (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/DisclosureScheduleIICondensedStatementsOfCashFlowsDetail</Role>
      <ShortName>Schedule II - Condensed Statements Of Cash Flows (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <Position>117</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R118.htm</HtmlFileName>
      <LongName>424005 - Disclosure - Schedule II - (Notes to Condensed Financial Statements) (Detail)</LongName>
      <ReportType>Notes</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIINotesToCondensedFinancialStatementsDetail</Role>
      <ShortName>Schedule II - (Notes to Condensed Financial Statements) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIIParentCompanyFinancials</ParentRole>
      <Position>118</Position>
    </Report>
    <Report instance="mbi-20171231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R119.htm</HtmlFileName>
      <LongName>425001 - Disclosure - Schedule IV - (Reinsurance) (Detail)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.mbia.com/role/ScheduleIVReinsuranceDetail</Role>
      <ShortName>Schedule IV - (Reinsurance) (Detail)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://www.mbia.com/role/ScheduleIVReinsurance</ParentRole>
      <Position>119</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>mbi-20171231.xml</File>
    <File>mbi-20171231.xsd</File>
    <File>mbi-20171231_cal.xml</File>
    <File>mbi-20171231_def.xml</File>
    <File>mbi-20171231_lab.xml</File>
    <File>mbi-20171231_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/invest/2013-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2014-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/stpr/2011-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://fasb.org/us-gaap/2016-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/country/2016-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>140
<FILENAME>0001193125-18-067440-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-18-067440-xbrl.zip
M4$L#!!0    ( /*&84R.SB8BM&@' 'U0Q  0    ;6)I+3(P,3<Q,C,Q+GAM
M;.Q]:7?;R)+E]_D5&D^?7LZQJ[1Z>\L<2I9<>JVM1<G5/5]\DD"*0AD$6 E
M%M^OGTR 6(E]S27>Z9FB10!$9MZX&1$9RU__[^O*W'O!Q#%LZV]O#G[9?[.'
M+<W6#6OYMS>/\W>S^=GEY9L]QT66CDS;PG][8]EO]O[OW__77__WNW=W!*\1
MP?K>8K-W>7J]=V8O+=O9^V(XFFD['L%[U\A"2[S"EKOWWZ?W5WO?@I_ZO'>P
M_\OA+Q]^V?_E>._?#S\<'OW'NW?!,X/K#G\YV/M7^B!Z)[L>F7O?D&GHR*7_
MV)N[R/6<SWMWR''HC\=WSK_05[!<]FO7MHYKW73VY?K72WH/J?DCYQ?7=2Z[
ML,G*,]'>E6']6" 'Y]US8[M[=Y@\T4O#6U\7Q#0^L_]_CZZ,Y7S6;,]RR>9O
M;YY==_WYUU_95[\X6/ME:;_\NOWRU\/]@_?O]@_>'1V\V=ZF8R/_%OH%N_PX
M?;EAO6#'S;\C^([==)2YR;&/#P\^1'?]_/GS%_].FRSIY?M'OVZO"&\PZ5R4
M7&UNIRJ\?+4P4E?3?Z-?-'O%7N7#P6'\(A9>(A?KA8_^]"NQ3?SK]K+H+MNR
MO%7^3;I+?G4W:WJ/;;VC5V%B:-%]U3>E;R#XJ?#5WO]*OPTO=-PUR5\#]@T;
M]D%Z!3SGW1*A=73/$W(6_I.W7^0 @W[#)L/)O<?_)O\F-K#\F_QO\FYR2<F*
MT&_#"]D7>@:NT?0$7Z8N=7,O/0DN=9.7&F78M!BI:1':7LV2B_^;B7%\91;'
M/X_\2P\^??KTJ_]M=*F3=QU]Y,&O_WU]-=>>\0K%UQK5%[]+O+9C?';\/U[9
MFD\LY=*R1__R+OS'+Z^.OE<'Q+4N>L>6]-W!X;N#]S4>'(M4Y84WI<\OIZFJ
MJ[:?W\5W%+[[#H?D7F42DKJHSEMG!+O\&O_3N_CJPJ>F2;[T$O;A77QM\I%E
M0IYZ9B[M_(I-UXEN?1??6O03&<)J\ OL+P4_D,NWI5^R5:,/.GQW^*'H3;,T
MV>!5_5L+WK5B:Z^\+/Q'YO%O_OZ_]O;^REAI2Q?W= 9\EOK\[&]-65YXL_V6
M+=S?WCC&:FWB-[_Z3PG4$XWI6*_NGD&WW-G\^^W%]R]8.SKXSA[R_=QR#7?S
M?9_^[^/!\<G'D^\48=^OJ$B8P5>S5\/YOIV<[U1=<VQ?,<)Z\/7YJV9Z3/_\
MAHB!%B;VE3,JJ/[7!G:^79Y?X]4"$W]@T4MA_^[@3]$?#9W]^<G 9,\?.TY1
M9#B)9Y?_^>;O\0O_]=?LS9FG.GC)--KPK]N_Z_0=7M>FH1EN\'Y[>JB^_NT-
MG8//F3EX\_?M)'SN,@E__37WMZ,W_C7GE<,_)J=L.[0UI5M;S\ZBO^>X?V?K
MR_CLZ"":HNTWJ<?&SPC_L@5,>PA%<*'&AN%^H3_P0G<\2M^G&Z;P$Z2Y#Q2M
M:6AMKWU"GNG.?Z)U,#/1]^>O@=(?7'=/GV<M3S=?B>VMZ2?_450ROB>_1IE'
M,$7>-VY./<>PL./,@VEVHKLO+6H&L?WZELZ*OTD[XH$WPFGU["= G3_]%7AM
M\CJEL__F[W3Z/Q=.?X^O48VCX%UR@"2!\%[<WUY__P>R]K>R^W!;*LECP[[I
M;-$9(>X7BJM@OO:9IA4M0_1=^AYLZ?$=J1D.OQF:'@--EI(-^P^#2L0_]]@)
MI@29US9QEVB)3Y'V ^NS);:T38;/ON"%.\>:1[+;=/K>[25T&\K<?VDQ7X8O
M9Y0:Z,B7-MG</NT\EKW9E6TM'S!9S5Z08;(M[L(F<V1B<>FQYN@#-B@??H_T
MM/OSX3?EB]K#*P2P_)R&93#\6KB4@!ZKA9=W1N1K_\@Q'"C4+JD>X*0(:[O?
M6\M0)VBLN3W.[[P%1=V%83$%(M(DQ.6G_"F+^:!@SL;5V,JG?0Q&X% %2 O)
M24I(3J84DNW!B>L?T<PL?>X23W,]JNG*(S:US(QFT]"C2 TCU/T+TDEC03J9
M1I<.P5_D>:&JG8D<AX(L<+K?/N6XM7)OWMP18X7(YA1;F-YMT(_B2D6;Z8E1
MV6Q^E- #(^S,--^/Z]S8+G:N;&0YE%$"'J%B?(\U;+RPN3O=Q)]WG%_^??'W
M&6+_ADS/7YT'K#U;QI\>CAC]&I$?V*4KH6%GIO_A.2XE,9ML?Q^97SU$B<S%
MV+DC]@M%EOY@?S/P+=VSEX&#A;[MM6>ZQMK$#EW]A>'J6;\9R)8HLM7DM;L
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MD>D;[,:^^GA+8RY&YF$4%\==5B4FOF[+TB-#-R^=76ME%?43]]U@R7?+2Y#
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M*(G>C4T]*3/3]$,ZE/2>U'5;[,QOC\I(M0<GO43@,YDH^@MJ?$+!X-K$O7,
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M#9ES;Z$;+X8#$E0/J_7F$/8@Z81H;'L'?--@8S5^*]G<T]*R"0>F(1 ,F*/
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M[<NVYJZM_1 /&R$,2H>:KJ:5&NO(@!BA@UEW0-QC%QD6Y6!$+#$;,#1$1?Z
M 1J[T'@@&#D>V:C!%CFC!5#$H&"&W!W!3Y@0K/MS=/LT]Q:.H;,-=V;I-[;%
M?IC8IDG%*MRAI84-,Z=:SP< :Y=M9KIN;!OF($._M,[0VG!%[++7D'=*QPU
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M I'V@HO[V^OO_T#6_G8K>+@MWQ@83.EL&:LK RV8+KN)T'N%!/0TL.7>'4\
M@VA 8ZPS74OB?J%J1\!W^P?T_Z('1]^E[\&6'M^1PD;XS=!Z0@D<+BU,!=U8
MF/C:)NX2+?&5C41DL#*(E Y2@DVR*3WHF/( 7B(S^"JVRK;V;V8W_((7+J58
M2K=L!N)PD86!+BUMCBW#)C>VD&=M="8^9V9B:^.DIJ+'/6UW,K>A&06S":S6
M%,7;F000?T[-A.08'I5B/S**3?RKV"B9>PL'_^G149R_T/_O8;,.;)&"[\4#
M7^0SRA_HF[\77# 1NWULS&Z9.WIAM[XV;"9P9S99BP>;4LZ*AZ3H[M<4'_$F
M]X0)-8C/[-6:SK2OP\P(-8V7OCOW=\-]OK1TX\70/63>V93!L6L0_[M3;.$G
MPZ76/A/=VZ?<1R69ZRY8RCN3:M+T8L/"^O89F9WWGOU\ZM9K]&JLO)5XJ VY
M+!I23&^I,?6ZUPZ^I/$@JM84Q-'W02;%L<PC.?N)B+ZSY9^OUJ:]P7CNVMJ/
MV[78 5FI(<9 *ASCZ AZWQA![P='T$D*02> (*X1=-(802<<J03Y"+K'=*,P
M-/\,E\YOT=G]7,,6HN^9./N@5]_1._$#(DOL"F@M5^ N=V:&.%M/SFUXH)$[
MN;#I3@CX;5R0>8?)DTU6[)#IS*;ZEN#G?/R!O\9$*RH(&5?H<3_85QRU??L<
MCX>/?6BN)\+"#[_P)],&O<#"3[7P$\7\%;F"6<VN!3'T)4Z%,E^9V8,P/XKF
M]NEWQ)Q([BVYIS>Z*?1LOQ(7-85#C!&4&F,/&DZA/[MJ7:0[&VM_F@$0!@B+
MJY>/C'0_F)78CN.MA07[4(CK2=#\4-><*0;*!B #D)4D[BC2G(4HV"217K_K
M2]PNB&^AI$_.R?8@5G#CK'"DB0/EG*$.J:H4KP^0-H 80 R$W03K[ &/%GIZ
M,DR#I9J&M2L%//CI'VP]"1E[AY(YEH"V&R3RED/QX:?M/MN>@RS]R?:(B[%%
M\-HCVC-R,/+H=V2;^28>/FLBI>D4 'QB^/S#,S=T_AZV\W=A/+'INX^F;Z8$
M@EK, H H!M&MYMIT[&Y"#H,95(V)VDT$0"FUG852.#=>5>2BAC, X$EN9A9.
M3A]F.44*0JC5/ "08B#=V"_^X %,K+!3R[F0 %#]A)OZ%39L:_F R>J2&M7T
MMA?,TFG$Q4PF!,<ON5$\0D4]5/UD" %ZQD8/']E!#3:SH-22@<R<6@:_$[1>
M8STL@K135O$:_6$3MA8.RP5<N#-+/__3HS\4WQ$]:V::?KW:[,-$Q&#!G 5H
M+)BT'IV?-:<]>)VB>9=@AZV!<L-W_FY[@478CF(([-4*$[:081F?H _W#N #
MO[V]<#!Y00L37UIKSTUH?-8Z3C*X-YQL-DA.PK)AQ<F]T5^_(=/SE: 'K#U;
MQI]>S.)?#((UU\_EN;9U;(HG/,%2?$XO17PF5G<M>I2CO*3KY+KT\%/!840.
M<*+"I[G(Z7&0^9@*?CX?5, ,DS)#,NT?F($?9NBY' ,P S!#,V;X';, /*S/
M7C"A/ZL20Y3(9>ZL]" E_) 2,(7D3-%:A!-W$B. AHL)?1?_5>D/G&Y\ORR5
M0LU_\.U3)IKIC&#=<+_0J7E!S',BH%'.CZ#&XM)\-0)A*E@.$.6I11DYSS-+
M9_]AGI879-(KLN)[@0S"IA>?;J*/OU&((Z(];Z[P"S93SXRN\?G<\2\X$$_\
M(I]8K=''<EDR_!%V[Y+U!+R7XUTD< (,1**]Z)KX=5(G67[/!N?VZ<RV'-LT
M=!;=^^WR?%>-:J$,E=Z\H7OB"I%-4+J0ZA)D(YXL=--.2N\NG)\>%1=5]I<F
M<[(K)]LSGU)! 6:KR6Q 0T!#(/!B"[SOY-@F(B5Z4/6OPQQ5DT<<<O&*]6O6
M JMK4(5_LI]\W";^60'5]3*8Q[$7.9/'F9YQ-&W(1PU4#,>(OANK2.!49J+6
M;F$1R2FZOG2(P$T#L4!TPU@N;[Y8<YPC 6"KZ=BJ@1W6+V6!>0=4-82")YDY
M//ZA*YC&O)O&(M(87V0!)I=P2@R 7HRM!N1@)&4>]&:!9 ^T4\$IHVD:<5[5
MNW;"5V6]^T[J*QN)V/0HM_;=Y!$21190=J;'@#6'.=%]%#OM7Q3"K_Q%"FQ5
MD(?AY"'\;F>Z1Q<*,<M,@%" 4"BV4U3WU@6A *& =L$9H0AJ96OV"I_B)YO@
MX/,#>DV$+WVA?W%<0Q,/QT&AZ\+1;?.I4L,##:,WW%S0OQM+ 8M8U8)-:G2
MFD;M[:-ZA,%A\YF]6ML6_6?ZB'^F:=[*,]E1X .A=K'I.Z]F^A]>L N(!ZQP
MMRH=?[RIU9L V.F&Q=X-=A\M@I%I_#-L4\!N_XH,Z\IV!-3NVJ.PUE0 'AN5
M@@0N%)D+>32%!\0><"'G7,@C'NL7508N%)D+>;1)!L0><"'G7,@C'NO;*?=8
M2P=M>.[M4V+.?8\G6QN"G]D*OFS=%"FXMGV(N.#M,FTQMKO-&UA C9B7)1[D
ME#5/Q 4M"?8)*8Z:%9A>=X<;=F2L'B]P:%=D1?E#6#>\%>M'<&.[(F<ZYL$I
MRM;)&R1@J ]VRC\%91=GSH@C;>K4<PP+.\X\F%@G072)%O$S2Y_3W])<CV ]
MZ&" HUZMXJ*T=!9"_FLV#3V>+!=1<M4B*R1*GF4$<O0X_Y(&X HCNB[X[X9C
M'Q\>?/A,+P@?$WZ5>#)[3MYCU_2Z_.=NWY%^;/%8YQG1A2M[<'!%BT?3<=YA
M,F>WIY^O&R]4A#)+PFZ[H? BR+6S&*T[A\DURWU>XK>^8,M>4;DI^[6*"<C^
MW,XCPR_C 5?-V9W-Q*1H03R7?%ZS*S8MEN/2<;RR!QOL^Q;/76W^!R-2\&!&
M$O_3XJ';&/9-\>LZVRM://P*_72HX5XR%^$5K=X\X.VR-P^NJ//P5/C.%>5:
MP_0C^_>V!'2/GUJW@8_3:>*4TN#K\U?-]'3#6A8E3'R[/-]NM7LZUHP5,IV_
MO7GW_DT M"_?]]_LL2'X;^?SX<'[DWW_?W_]M6A(_GBW*0]QZ6"JEP7[W<KV
M++?IL*,A9@L2GV[HJ%V"M-W M/#:)^29[OPG6F?TE?-7?QLV@^ONZ?.LY>GF
M*[&]-?V4*4D=?(U:J#S;K?QVC4G*H,N?\(/LA-.)KIA+?[Z9?,ZI J1[)KY]
MFGLK%J-V^W1C4VL]D6C,TMS]V#&J=B26[(%AXX&NQZEI:S]2B]-0FXP&<OCF
M[_]JNG^AC/FO2_<O[*/+?F3/<3<F_MN_+6RB8_).LTT3K1W\.?SPEW_;BZXG
MX<7/?DW]SY]^^72R=I-7Z.$5/PW=??[\X1?V/7OU=XC:D]9G$S^Y?WG!Q#4T
M9&[_MK!=UU[])7X!FWP^-9'VXR^4\M\E'Q3_T!.=D/"GV.=W3VAEF)O/#U3#
M<O9N\,^]>WN%+/^Z=X[Q3_SYXSJXZ]W/X-T7MJG_)?BQ_Q,(4.+QO[(KHW^X
M.HQ/SO$=[!_\<MC3$*-G\3!*>HNS1M;?_NUP_]_VB/TS^,?!OZ6'?_3^_2\?
MV"MO!Q8,\YU_S6>?HS+?;$>:G"[641&3-A,6_?HH$T8Y,C#"C@[>[C&J+)O!
M7UU23'K ># ^8<<G+>.E1GG\2X+57'N=1VGLSSE\UG8RCOE<[Z,/XT_%$:?8
M/PG0.NI<G("$\"XA1Z/+QQ&/\Z T(B)]^6.)NGSP_F.C&9I$JPY><I0Y/4.$
M; QKN>?7%]FSG_8"5\98G-Q^DCABY0AY)V7(VS]N.D_3@"]\SXGPE_"@26+>
MS8B!S,SD"&?CP"#XLL:&&,IQ7^M15RD88A!'O:&JM@TTQ#!.>@-5[8T2(%5F
M7O3C+^78;!!\D;CV# PB6LTLF3Z6MYY9,L1@WX\]UO<34R:71OP@PQU_M$!2
M .:!AOMI@O%^FG[7!9B*!=.#"7CH>%+;5@7FC2-&2OR0)T?3N&N/1O0JLK31
M/63I>^P#>!'E=L!),0CP(O*U0X(7482];'>5.KCF1HQXN4:OQLI;*2=5XL)Q
MU_,FOC]- B^9X/)PW-<80*2'LI:.^]I?_"=Q=_0C^?(=GP3I";VL8/BP41;Q
MT<*(6%B'Q=SQ7(CGCXB+JX$S0FX[7HI!B.V,J+<Q'/:V*QR.Q2+?+L]A-Q#>
M]C]_7=NLHH%RQHZX> 3C?WKCOQZK?^J/$VH?J_? "7<$KPQOU2;K0D!QDM;P
MCNJ25)X[*K:8XIKA6\F$M93 "J>:%[:<4L6KD0D>3==Q6=K7X5'G^ARM;:_P
MMT=BOSWZ*)-58^K-0ILD VX\BZYUKJ6T&90U++Y),#&FA>C:C?6''0.Q _KY
M2^AN$,XV+BI&W;[B"M^[T'"\]0AO\.\'_[&[9(F?KF]RMI_R>D8G)^!,AX./
MO(N-:+_>8PT;+ZP4X53(/&R-3)5W5-\TGH8Y1S/**39M^H)3@O,(P-G!:3 -
M>X[I9+C'+]CR)H/G,< 3%,]2>#J8O.248QD)GR>U\5GJOLDI=-S*@S-.[E!O
MOIM21_7GYD8FETERS:>@R< %+L HX*'ML -2%\1BUD@4+DY\%'GD,XUUX)7D
MM=[)L,,>-5@#N'>8@?-:XP24!P"P\'5- ,0 8@FJG@", <;U]. )W%'ACXX]
M^*8>O=1,<=8(IHLG^JC,07GPOK]TG?!90PSVJVDOD+GG1*UY]YZ"WKPMW)#2
MB/,$E49@IU'9A92M9@SN/7[61C[9&3=;"EQQ:LK-R(54@ 24!MM.EB&XN !P
M(SBNP!T%D!O9R02N(U%=1Y(-IU9,YL%^?["-GC7$8*]MXB[1$K];T!_%^A[!
MCJ%CRS60V8ET"$,W7ZSS+]V<8:U'-* W[,/;PT\GW7:[UL/B=;L3'GE'?>%N
M*+?8T=L/QP>RK9%\4M0(=5GW6/L5&LH_=O"I@X>L]7"X=)%Q*#[-P-;;>(8:
MSN&A?'R@-N1V7&7M1S2<K^S@ ^!.,MSM>LS:#VE E]GA/@!/+N#M.B ZZ'3#
M.2"./KT'WQGXSF3PG6GV:H6))J'K3#[/V>%!*>W AB<<[+AWFWTZ5GE]))0@
M[EUF[\!C)H?P\.\P:P0U";E -L )X2X#T,D%.D%\90 [N6 GB*>L%';@)Y-I
M.'+YR<YLR_%6F.PA5F5^ZRU3F7'$<)&=O-T_@%,AN8#'OY/L(T26R25"X"4#
M+QEXR8*G-3H!D) +9 .<$%ZR1ALJ@(Y[T GB)3L"V$D%.T&\9.4F*[C)9!J.
M;&XRLK8)<G%'/]EV!&WZ@ C.4=W[,O+HASM\>WSP$393I8%]-!6LA_+S';Q]
M?]PH<UDV?2K=/V'41>5%J#].)=/@201^[M_S.,GP!S.CP'Q7&]&=&P;SZ J%
MR"VU07TPG=(UI*OU ,Z5U,;UQ\X-BKGTY4+$8PW?IQ0-&1YL%YE[RZ*V#*W)
MH%E/$L%IH$MW6!X=GP?';S\=-:KZ)/G6IA::6[>)Y<_;^?[M\7N(:QQ[.7D1
MX8_C2S 4X0,B'L*Y.=; !PM* G5"511W:!S+HROSX -XZ%6%<I?VL5PZ,(\^
M )85Q7*7'K)<.BV/]Z&@H2INRVT?V;6W, VML[-2P9,+.2,V#T[>GKR'D$VU
MD2U=R.;AVY-#*&$((9L0LBF=/U-!?I8P9!.*M:B-: C9!%!+!VH(V01<RXAK
M"-FL]GU&SL+C,F?AX5%_^=WALX:+<30LQR-#QS3FH4JWO86)<V%UQ+E@M>G<
MR_ED#>A]/-I_>[(/!VK\8X 7@6D6:#F-N SEU/SX]M-'R$/G?OVY:I/,^5Q!
M\"=L)U.*B A3-5CP!\27"K#ZG A*TXC4:28+0EA!6GB0EL9!K]/,UH ^XQ.H
MY"L  #@1E\9QM1/9*EP&XAX<9Q$OG3?Z>_2_'D0PC9,854=]3 ,??I(BM_*@
M0Q_02]QM*VD[(+YW$A5@G.OL'1;$0_EN.[EMQ5[&(J_MH O)B_#F^F"'E=VA
M7*H='*IMQ\*Q/U4!_LWWC@X[<![&#2J$/! N\%L.._3AW)  8S5A7.10'';L
M _H' <AJ KG(U3>P2CR<;ZJMVZXTAO2PS&UW_&F_-P-Q^Z@N$_.A8&+^_> _
M]M[MW>.U35RL[_TTW&?#VOM7M%K_Y4_/=O]R:;U@QUUARW7B/^[9UM[UZ>7,
M_\O_.?KT%X=.BN7[@1%[R@*9+!YUSWG&V'5^:3WY@\X\1>^$TWY8/NUW!*\,
M;^7L$:QAXP51J1M_^J7'_E$5]K>!U7NF[?A+8=,13+,6$HO"<?DJ/%H8$8M^
MLPYD@J[#"[:\]FNP!P)1M!0GY4MQQ<0 67H@#TC_PPNVACW\NL:6@^G2.)C0
M#6-H^?C5]:4P_)=NO(2?U^%,F(:%WVT7[G#?G[!?PXL2U_L/"N^))]Y$:P=_
M#C\DE[Q2,E,+SUEY'?]?/X,77]BF+EO'1QA?P_$=[._V_FW?RK(G2[3W47)G
MFO8QPGCGV2_9>8[>=ZZ'I%&&QZ35.=W[$6'_A6K*JP4F>T<';_<.]P_:UTP#
M1H?Q"3L^8'1A&;U3:"(WSL?>9Z)+$Y*)PZ2&POVH<P$2PKV$''4H>=L^"*L?
M=SW(R$!VP<>RH&*JF?>0_#"X!1&]YR@S>X8(V1C6<N\;,CV\9S_MS1P'N\Y8
MZ&L_3SSB[Z0,?_O'8N!O?R=N?U3\71EH89B&:^!2$$ICSDIFW<%P^+=-I3-%
M(; ]SWSDQR@$P$D.N-U\O0XN=,ZM+-E0** [89CLET''S4/RB\!N H!ZVX&/
M/VX>AOU^[%%SG!&F ,@[]*6$9!I@:BY6LE-'2DE2:1113>) IA*'\<G1-'[U
MHQ'=OU%X+?L [E[U_*.2#0?<O9PRKM3>-W#W\@>X6EO\T<>=D7;PFWX<<>.^
M1J_&RENIMJHRTXCOHI3,U0E@XQ5L?8V&A\&(752JGC%ZW-<VY3\)SO:F6LCC
MDQZ/:L.'C;*<858T+&N)LT@\%] LRJD&_X]Z#A/)A@/^'Y%)]/BPMXWQ<"SZ
M_'9Y#FLIE6OE_'5M.QYIU-M4AF65VMP%WPI?8*NW'WS*HK##CM!/N$@M!@E+
MJ8$/0W@?1ER0K>J$7%TI%=:CL9536%6I'!KG066XWKP96J.621UR1B=OL523
M$??HHTS#ML2FPSY<V/6MVDE2B<>S@ELGK4N;BE['-IX$%*/:TJ[=@]ZD#C!.
M#J>KG+?][9'VD+C$=W;:'&\]PAO\^\%_["Y8XJ<!H&46^32[V8@6_'U< WTB
M?!ZVQN?[OL#9AR]A/.H\GHPX1W-&W"?*P4\$RR.@S0XNDFEX<TR7ROVV4OY$
M\#P&>';/=!J9/L?T#=V'W0(FPN=);7RV[@K1Q$LU3I[?H"W (P?]9Z&]4?V<
MURJ8M2MPJ5XX!P80;P$E<C5=@#' .!$=HVQ9)P"P^  >?]P\#%OLV". [JYG
M'DHP ?^*"&(HP00PE@#&1<W,AU6%Q>AEGIHI\=//(K_K49G?]>!]?VEIX;.&
M&.Q7TUX@DSZ+>)KK$:SO/1D6>%<ERX:!@D4 N$G\F^"U!,A!QA^ 33JP]34:
M'@8CG3=0'ICMY,."YPYX;01_''C9 '(C^\[ (R:J1TRRX=2*H#W8[P^VT;.&
M&.R9;9K(Q82^SC^QOJ?CA;MG+^B[(5?XC-[>F90PD>6+2O^EFY^O]8@&=/0=
MO3UX_Z$;\%H/"Y W$/)V'7[MH3>@Q^_@[:>#8\">5-C+>O[:CV<HU]_) 4!.
M+LCU-IZAAG/8P0/8>C1<N@"%Q]J.$[#]B(;S KX#AI,+=;N>P/9#&M 5"+B3
M#'>[?I4.^MQPAL2'(_ (@D=01(_@M4W<)5KB=POZHUC?(]@Q=&RY!C+!&\@Y
ME<KG#/ST]N#X/>SA4@%/$%_@\=L/GP!Z4D&/?U?@X3X@3BK$\>\)_ BN0$FP
M)H0G\&@?#MCD@IT@KL!#""J0"W>"N */#D_ %PB^0!E\@9J]6F&B@2M0+B85
MPQ5X> (;N%RP$\01>'!<NH$#\$0#'O]N0 A;D MPW'L!&P$.G( <0TT()R#P
MFUR@$\0%"+"3"W:"> !+80?^/YF&(Y?_[\RV'&^%R1YB_5RW7D!P_4E$H6*X
M_H[??OQ4&E ->[=PP!/%^??VZ C2,Z6"'KC_ '#@_DN-IM')&KC_.(::$.Z_
M1MGGP&_<@TX0]Q\<X\H%.T'<?Z4!]N#^DVDXLKG_R-HFR,7@_\OM812\=[/&
MZ()S;KJ]\J@3,&1HX=OWY4':JB@'"@,[W7)Y7&0/Z+\\?'NX#]!6&MK)-LSC
M#G^P@HD :*4!/=GP!SME4CP)6V$L?YIN B"^$T ]J$-XDAD8,H4<JK.HC>N/
MTQF)$* ZL4M7BH;.#[:+S+UE45MG\.V&;]JL2;O@O);VZHXT]"']N?MO]S\V
M,JDDWZO50G/:E3L6G(<,0MU_>_0)HE 5Q7/2?SO6P(?RW'Z BJJJHGB"@0\6
M2-;H $):=ZU:^/TTQ="'K,,)5*PJE-/NV;'&/F1D+T24JXKECU,8>T,Z8X_+
MB1G<L1*Y8[\&CMBUMS -#9RP<,0D:8#M\?%;T#=51[:D$;8'AV_WH8.SVMB6
M+\06(KC4!K1\(;:-*%I:GZV*6(806R!HZ4 M:8AMLTP(P+5TN(80VVJ?;N0$
M/2YS@A[NEMAK[00]'-" #F)2#<OQ"+@_&Q[DY(F);GL+$^?*R1'G3/$O[5VE
MO$[6@%[5]\=OCSY!-TW^,<"+P#0.C)U&8H8LAW#X]O@8@@7X!P$G(M,P]G::
MJ8)@71"4R05%A*D:3!%K)"C2^I:Y77=.1*1I!/$TDP4AQR M/$A+XR#E:69K
M0%_X!R@W(0  .!&7QG'0$]DJ7 9.'QQF7TLZ+_OWZ'_@8-^5DO_/WMLV-8YC
M_?_/KU>AZMVZEJD?],1)($G/3170,,O^NQLNH&=K'E%*K 3O.';6=NAF7OU?
MLN/<.3&Y<1+I^#M56TM#8NM(GW.CHR-I%OR)FM2*$%V/E;5EZ?*=BK[#[#<P
M+B?&RY+8N^5XAY89()<2Y,6IY=T*OJM,,1 N)\('$%P'N<^*X5?C!&X9X%V2
MCMVMZ+O+KL(&EQ/C97G2W<J^P[0G0"XGR,LRF#L.B0\SL=NXY+=ZFI.-K+?.
MBCKA(7W4-AW36-(Q1]8/[(3=BX$?1,)FWYSHV?'8__+^X*?_#OWHIQOO1811
M7WA1./DE\SWV^>+F//[-WVJMGT+9*5Z<WN;J*6WNJO)A%CX+$87O-TX%-][7
M=]O[DN #=GTUO^OO M%WAOV0!:(CG!<N-6_C(6!7WSONT)8M_+M5/66RQ:XC
MGQ ]\X@Y(7.\^*^SC?A;LUJM_'2N[IL+V;-P;=;UY1#Q43/4GZVX'=&S8)=^
M7P[$:_H7J[$C)N@K9.TMA1P5YS/7#V,V?"G!5G!LK)^G[\\(JV<]?R"^>H('
MGOS+(-%3.10OPAL6HZ.U^CHZ^LGA;<=U(D= 4??'QVD^'Y^4>G+/3O24V_\9
M)GZ4B>\#X85"\A**0'K77>OMCU%L'=)_V<Z+^OGG'_MMY\-#YUG80U?<=A^&
M_3X/7F^[7WQO^J6_2Z@2'W#NV5.@/:J'/LHANG#]SI^__@]C/P_#DQ[G@P_C
M1TT%#[>2O>#QF7M3O[OQ[H6KWG'' _7(:^X$OW-W*)34:O3O1?>7=^</3[?7
M3Q]%IV8]52M6X^G*BYSH]4D-1=.JGS9/GYSXF4^31Y]_=\(G*=_3O0@=6_["
MX>YG.4X]WA,7\=6IYSWA=5X_BWY;!$^CALN7M*,'T1D&\OGQ(](_S'YW]!'9
MXKGOWWA2\?H\DFI[\7HI)>OYJALRCU4M^^1[O4<1],]?N..JOKSV@P>ILLDC
MWS%;=)P^=\-?WIV<O6.._<N[FX]/M7=LZ#E)OWQ]^/CNU]I9-8'RYQ\+Z_V9
ML;SDX?--;'D<K_?1"=7(.-+*V;<#Z764I.&:H[5$M/J\:%,BK="(F49+7H=]
M*=@H@/JW[/A(>#/MO+Z__?ST+^Y51LU\O-VDT:<YC5[<B+B=2O.^B.@W[GBA
M,A,BO/6NXQ/')*?2P4?!,!ZB\V@\*%+Y)"#2M'K22\B![(EMQ!D3>SG6=-F)
M-Y'HAS/<C_K7ZSV(7MRB.> ?(@F0^L/%,'0\$8;IY\:8?WVXBT]42\03X^@E
M%_.S^6ZMGJ:4%])UL]9J; (E8GY?7 BIQ"+Y^9%__RC_+Y1^9_*46<NW'54C
M@1OO?E6V>62:8V^I7I(ZJHF/<_D@%!_2'Z:]:[:.9M[[SA;+5*H%WGR=J=G9
M8.8>.^KXW]\2"=J^:V^=RK#JC>+D3)^EHYR-XHY9;!20?RM,RG',V,PK_3K;
M^F"1CK0:(MBHO\X*6$E8O;_^D-..D%UY:BH@C4ML1UG-.EZ+E@7:OT4':*3_
M^:6%,(G39FP+;<GK%]D3O< ?>O:H;_YV'?^GEVV]\=()=KA#,[M95^AI?ZMY
M4_;MZYT+,=,;]??V=0RK=[:* S?A;?6^!9D@<T,RU]H2!C)!YM[(7.N2G[(&
MMPOVS>@=WUJ5 FH5YJ/90QNB(N+8I1V3)J,HAJR%T+#%[:F%=\KV^VV6=LEN
M#^?2Y*RMI=(?G=6:/T %H (E5H':614J !4HL0K4*K5M9P7F1;^8 6R_Q*=A
M7#]:689!7\6@:Y("V:%IV]RN[_60[IT&.-4:XANH ]1AE -=+]:!,D 9Z"K#
MD55?SS>0"'OS=V(@[C]\:=]2J9)B4G:D=@+\P-IQ@:G:SZ%^&?'O@F0)RD$R
M.8M,W:HGZ9GE!W _QYIK!F<6)A10,ZC9CM<E:BVH&=0,:K;;=$"S5>H)T+(M
MK07MZ9K9'_9%1,D7XPV]RW=[G<[L]CH]Y*:[&Z7Z7OQX[DHA'Z)@V(F&@;#7
MVH;7G-^&9]62P9IT]$SGS'3;/X5K/_J?>11O>YULF97"J[V;_C#\Z@5"<O>7
ML-67[_S040W>>!-PVCV_\\!1HQEW@ASF^)/RQ1>OERX/0Z<K@5<ONNTFSYCI
M^X5??KT+'+6E]D)X0G[;D3_F]ELK9U?HUMTRT\GCWWX67(YH3,6_G>CYJ^>W
MU>;R1)3!, KOA>S.CN,ZL>SWZKV!1.R"ATZRO7NK/C_O=*0SB<(O?B3"3S[W
MU&;QT;9,KW<_/K_DXG7R\^/K0,ST??R]R=_GJ%?MB]O^*#K/GO/?H1CC_ID'
M?XI(#E)'A.?Q/GNA]'J\+?2W(9>P1T*$=X'_XMA"CL#OCKAM2Z.7[!Z6K?T\
M="-GX(I0<M%V(IMGWG]HK*Q*1A_/&JUYC2P:B1G>KGC@R8^$=R)X>.:!^.BX
M0W4PP196<5K8ZD16:U;6](52YO>5LXFT2QHTWF6=96!L^I3&!;P3A7+\G'YZ
MLL'K@_0&\6!ZD3HJP_?B_?/=RWCC<+R/?JN-UXK7V1=.G0@0QF<L<'$_.ADB
M'X?J/ [-^M@^[TKV&1H^BD"J:N2\"+4=6S7_UIO\3KJ&0KSEY(F3[=WW3OCG
MK,]4C;N4#LZ))I_/'L^@/-78?7[R$XV=>=#<3G$Y'O&C)P]=M-D\?YPRAS8T
MYG7VS8Z<Z?;'(-;LUX=(ABHQ]>%YY[]#)\A5Q+.9#C_+Z?!Q!UW)AT:O$Q)F
M.FJF%=D.N/ER/>F!Z;,=PKC!RG:=GK9:M<:D%W+DFI%_L3&=.[;DD@?!J[0,
MYWWEF$:'6&WHW<;Z,^4Q+EZ_*!\^<4*_N7Z;NYE(:P[!KYZ,K-VX8:I)L>L8
M/T+%A1*H(/Y3<M1(/EF9XR=.*U9E'JZ-NXM^IZ<?6'I*S/Q)+\L&(G-@1:/:
M.MW-0*3GB4P"I?,H_=)6,9Q1'=[(G!"2.0?GS8Z:/05$V1L9^L@1D/9.>&'B
M&H) >8%XLO4Z^<@=?XU/&?K& SLQDE/.8'S6SNT@[L/?A8I';SP9HCA^,18Z
M?G$F?I:=&LD86+YLB4VN3/JON< BMZQ&I=::FD3OJ4O*8V<NU;DM4JYD>J>.
MA9IZ:3[P>7/*[0S+Z$2=\1@]"NGO SD9N>D/Y%PB'L =')U4S<YF*F?3X>M;
M;1HW/HG])**!>):4QH%BFI*0RC\S.SL?'\-V'?C]<[_CC([=2E)!ZI F8?O?
MY"QN8HD>^?=MM':9_-:\_"?6M/A[D"J;YDH/!QLM6!=AJ^;;>CN,;KOGG<ZP
M/XQ/'ULFYYQIV^PARS)GN9'MU'-EITS2,9/N2:/T7)6M9N9G)V?S/FI!I\\,
MBOR5"HJ%[.GX_V\\V;A@**8/XML%FV]/659IV5A#4U=\%1^8*85>96HJV8U_
MJ0SE>$97[ 3G-^'W CYX5BGP&($XBQ6\/GU]6-8SF6/JJK7FM-H6)^I*V=3B
M3DI<G';\3?XR&MG@;\)]$9_E^Y[G)]:?^7_\0,4C87+8H90GT;!)0\?O&>>G
M+H3K?[OP_3_C?TV]Z%I*+R,#M8"5KV!YI^\MZ["97LWS+\GA<E/G)=[)0#7)
MD_D]+[$':?8I/]6QL8?,S"JF/.0.1)BS/*-88G18J1'K'I=^H/H@$I-S(?,)
MRDPC6@L,W4Q'C&W:^)C->^&D"GW>"T3<PE!ZW;&:3QJS@Y,#J\T='!WX1C5A
MM5+04F+\(+T/?&H4=11Q ;<OQD_8M@:A5=#@M8H9NV)**@B-CV4UBQ(I?=3A
MA2(W2O73P@HJTD<=7BARHV15"E.EBB8B 3P3P",GT&FU*(E&3]J_2+G[9ZSW
MEEDQ+PA](Z[=_,2W@B+;E68E<D[KV3RPDWM#U/]*/8@+@M\M3N[3-_S=7"A=
M1FI!'+*Y4(A$BA2HL\KIHZ=GF7T7FX]?^K ]&<U/(I(-#9G?964;6^IF)1MG
M;D$E(DT=AI2<VID9:=[Y?C!UK]Q]O-)2ZG'4--A<:30_^[[]NNYPKA88U(H,
M#&I[#0PNA;H4YXX'9>.:?,B7E/;_R!Z#81AA=!>,[EEA7NELCUYI:O%\QQ'5
M%H<@'3H"6Z<GY;RH;.J1#<YV=AB8+L'<D:J%&89KG;1 ;JC3D.L@H[WG>&_%
M 5\KPCM(O^TY(KP=1J%*L9=PKK-63'@8%O8;0Z:;U '"LO#Q(!3L-]SL^+*)
M\>$A\YT6#@>[&!QVM.C<L:F7K1CFS@.4&^46=^?!;N/; D]5TD)'"Y&GM?%
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MHT#B;":5LQ]^B[K)%@@#8=A?P MX 2_@/< H'F(>5]3^*B ,A&%_ 2_@!;R
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MW[R!-; &UL :S545$$>&.%@WL ;6P!HUU@SQI-@!2H<Y_4L48-^HL 9?"M;
MVMB+-N%%J=!F1IT"K!L5WLPH5-CX' 42=0JWT;,(& ]#$>'*!WH:J'U\4<>A
M8%1@0[$"B(-Y VM@[3"L5<$:%=8,66*!=2-#G/;6#:R!-; &UFAZTJ.ZA746
M*M"A6@&LP9F"-; &UL#:AHL)1M0J8*<M%=Z(URH0.57A(>*18-RS67_H.1UG
MP-VU G.4*^BMA-H'&+#W1% SI5@!P!$!#K8-J $UH$8,-4/65P <%>!@VX :
M4 -JM%"#&P5P*%$ :@11@QL%:D -J-%"S8SZ!.!&!#<SRA/R)"I!=0)C;=^S
M<=L#);W3/J) R2,5UDPI20!Q5(B#=0-K8 VLD6/-D.44$$>&.%@WL ;6P!HU
MUN!)01PJ$\ :2=;T]Z066 -K^[KJ 4<0D:'-C/($>%(JO)E1GU#VXQ/.U34/
M(?.[:P7D*%'06_6T#RQ@Y8F@9DJ% H C AQL&U #:D"-&&J&+*H ."K P;8!
M-: &U&BA!C<*X%": -0(H@8W"M2 &E"CA9H950G C0AN9A0EY$E4@IH$QCJ^
M%_JN8_-(V.SWFZOPPUI!.<H3]%9"A!>P]RA/ ' $@8-M VI #:@10PWK*@ .
MM@VH 36@!M3@1@&<$<"A/ &HP8T"-: &U( :RA. F]ZXT2Y/(%&<<.D' S_@
MD6!^6S:(1X[OX7X'2CJH?72!,W*HL&9*>0*(HT(<K!M8 VM@C1QKABRM@#@R
MQ,&Z@36P!M:HL6:()SVJXFQJ*LSI7Z< ^T:%-?U]Z1E8 VO[NN&A#B]*A38S
MBA7@2:GP9D:U0MEO>+CT^WT1=!SNKA61HTI!;]W3/K* F2>"FBE%"@"."'"P
M;4 -J $U8J@9LJX"X*@ !]L&U( :4*.%&MPH@$-M E CB!K<*% #:D"-%FIF
ME"4 -R*XF5&5D"=1"8H2&.O[0=3C/7'2EF\5]EH1.6H3]-9 [6,+U*!18<V4
MX@001X4X6#>P!M; &CG6#%E8 7%DB(-U VM@#:Q18PV>%,2A1F%&FJ,:]AE3
MH4U_7]H":V -<1M86V\MP8A"!9P.0X4W,RH5<'Z"ZW+)F6S-7\)FMFA':X7F
M*%;06PFU#S!@[XF@9DJM H C AQL&U #:D"-&&J&+*\ ."K P;8!-: &U&BA
M!C<*X%"D -0(H@8W"M2 &E"CA9H9]0G C0AN9I0GY$E4@NH$QORV; B/'-\+
MUXK&49>@M_9I'U=8L/1$6#.E, &EME2(T]^Z@36P!M; &LU%%1!'ACA8-[ &
MUL :-=;@24$<ZA/ &DG6X$G!&E@#:]18,Z-$ 2M75'@SHT9AXR,42)0HW$;/
M(F \#$6$RQ[H::#VT06L/1764*< XF#=P!I8 VM@#:LK(,X@XF#=P!I8 VO4
M6(,G!7&H4P!K)%G3WY,BNPO6]L7:4167V%"AS8Q*!7A2*KP1KU0@<IS")Y][
M(0M$1S@OO.V*M?0/I0J:JZ#V 0:L/1'43*E4 '!$@(-M VI #:@10\V0Q14
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M**W]$G/C,?DP5\8::VU"(6=#\W@X*V0M;.?&]JR ;/@:Y*BH<JW)>F/=7BP
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M]',3Q?&#@:);W([G7?G]E G?FADBTAZ8Z9;Y>'KB997V.-[0'X9?/>FUXLG
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M8I$1QQ3DK$:NG2OK%"O>-RM"W,0!E807 '+4D6MA?QP9<4QASJI@$8N,.*9
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M(?9SXEGV"[#OO(>G #+13=T<*ZZ5_)I-AU1_QXHKR<(+6'A*9@P_DH'GG]P
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M"B@RS:BJ%T^4U3^6%:B'0*5=U5Z4T09N$YJ4/N"H-Y4J!Y XGBL%.)6C3]4
MZHJ#J$@'7KKOM7#?RW7+7SKO577>>4^O8:*GE\Y[>AT9EN-\55[IR+*I8M.A
M01Q''^F\Z9^L@*FV.3P8M_^HTY'YV6H!5'[7_ZC9E4Q7*8 .Q/T_ZJD;,9X,
M 0XW!"A9XP@9!%0U".A/+ ][;D8^/M64D6U-6 O. Z7A+JJ4MBE'/71#F2I5
MVBT*"@TD-K.LE?. )&?OCZV+ G^C\9V2HZO&T=W]8:#0($C&0'6)@>2UB-0%
MA=)?=L#)?E,V@$JQ5ATNR-"BPH6V.8***MQ_..K(%'%]V7D/O"S/.B0C%QM
M5.#^PU&O*6.'>L0.:2ZJ7N105O^X9L<G!THE60FU66Q2^HBCWE2J'$#EKX*J
M-WVJ!M"!5$!)[[T6WKO,_!]<YC]L<Q2?OBH;'8D_EC[PR*ZZ%43-S9)+E7,A
M)&=7KH+HJ'4N>;K./%W5&J*N+"*J22C1E@<!AZR Y$% !<*<>AV;5["<2?J
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MG,N H'H!P<',%9<G'0=]TE%G*N7.#QTZ_/F/,K;&0&GO=1PZ36O/T_MBZ%)
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M:A>SGZ"\;LTYAMIW9>!OT;8+D;",-WJBP@)S'-(<&U^IB_>7[@N7^LDF"K.
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M@$L(9<1)U]RB1%,9T*G+1T\UPW.XOWD0"("DLU!4QWR!AC;#U$;H7P(V$]P
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MEOF>%PJQ3'\:N:?*/UBB#>D=$"9Z'SJRHDTI*@!DIT6"SG2BC2$+IMF!TNS
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MS2$[+@%>NWPCYA@>N/(O+<!#3-TYOQ.#MW_JXUU.YJH(4@VM&-QJ#.XI:"\
MO''::#8CJ 4#D4!0,"TOP./^K,Y"QFAF342:+])0)$ <>!.\?/,PNF5.)E,]
M; C4,^ L]K=;\XF'08_\O.\&7+K?6=YX0YQP9_8E6CJA+G\.^-U^$,O'X'KA
MP'M%%]2)-%_X^&V4[[B8!?T8'D;8VM8WLK,0OW>6.7X&#ZP?W($ '8"%FBL0
MW$HCN-?)8#@W$A,D"?]Z#U*,G/  7QOB15QS#-&V[GPGNHEZ^Y97,X'UNP8"
M8^NF/"+(D!2^&] 9&C;P6,*NFG$W+D0MF]."N_+-279C*;K%7A/^^#<=UK6'
M;[,[O%B>X(KPF5MSZH'-P@=:*^C6SFC,C'W(@>@$P=(<%?EWESPTM#SGIPDZ
MV0"W7,,%'RV'I27NP. CCSQ#X/-.[^'IMZ(D"[O-X:G7*F<T)EO!.L^S*4W2
M _OSWZ/Z6L.+;772E&AF!*@@#":H%*B_:Z8,?U"W$$.=<=GA^VEH,SM)[!-^
MYZ:,9;Q%N*BA]*+?[,XP:6*9H8\9/ 4Z"?ZV@I993UWM-CII !,@,.! 2WP+
M2RCPKT_1X0NZ8,Q ,_T8Y'X?1C]-[+C$-0J?2YA7NS%/+_0!0_6U:&,K<)%Q
MLT_.PJ!%"+PAY@"?,>WZ8(:5K[=AIT2G[X9L#R\ .:+ZV+S^'+(W+<%<)X&Y
MS@:LGG'!NZTX^+DWG9 *-.G1%R^);;/(.U<R(+EFR [S VI\>./8C2UA^AEO
M@##CW84\LIS7VAG_'Z*\3 "P#$=9*;PU =]#>LU2IZ$ZGSTAZO\)'J,8W<.6
M2^@9/R<1 !R"J'[Y[;'=^&?COG&5DI^5.]VWT\X[8Z_EL+<S#KO:7LMAY]8=
M:!P4Y?VP?+;*)0/\S#M:U6&.'ROV"\U^J"/!6\#ZP9087'\R)C?X4D\LVW$Q
M^VY;WA39+\QCQ#[NDRU$R>>&==,@[8SGKJJAX[$"FQN'R:#(>#,2!,3#[M2)
MAT7IWUAHW&YG0N/&::NS66"\8MM)_RE641]DC\+L"7S-P\AZN5NUVDJOSP_,
M0H;9*_PA^">=R%G!)AGW%#R:M,.V)NAK1@6#-_# ,12-A89]+&M!Y_82.Y!M
M*,P:A? 6J]GY1RF_/PKC_-3PIU\W/-?0P?Y^O[U>@;.,E]O)6J,<\*=R;N%#
MA:IR%L2N:X\S?K Z)QT7[KMZ"OSB]74'&CSC8??:W4TT>%XO/,P;Z@X[@E^A
MRK>.&ML95SKA28L&(9D ])OB/HS6,1C/^-YG /_"P-XUN7 10-]I?/D-3PYC
M<S;9P,[@M#,:+VH [])OP0^QBI9-AUKWSD[/!,U%#I;*4U[38T5)[/=5<Y&S
M)Z]+9AXWUP<1@!J#P)N:#^9_WK#_5LQ"SEM75!#@P'$;T7<KX,.7E! !Z6G7
MXBE?'L##2>B=)9/0U;9/K'F3G1-CH!.#G54Q<[##M^\(8SQ\OS9QDBCH8'Y/
MI:4>;\)"<U3D<@1LQ4<ETIZQ@='2G$AS(LU)/<U) G#0V\V8U7"MZ3R3@7\.
M[$5A]F4KO ;[WQ%JT=/?F*_6QVT=.;#5.6P.#/:_.P[L2@Z4'+A7#NP4ZF<?
MB/>XW)U.;[/D'O7"T43KQJ;-);%I4VWMP+T,7E((&H)9.CK+'+)+(M@1T0OO
M06 RSS]A4K"6N5K>Y[;LD=/7C.&$-3#81CI$>(@+P0?5V_@_DM0"3*H(4HLP
MA)+4DM0;DWI#8[ZW1.)6!)=^3HW\G."*C7(4WI#]RB[MDD_JQ&8_XGW8;U(;
M+O1Q!+![H8Z+)-U"0R: =(5:)TFZ6I!.^A15]RD.[.Q1")B'<]*X$%QL7/-$
M\5KF+[SV#/TC]D>9]EG3)2IG,N?H3#UM?Y4Q_EKVM9R1>T/F:&I%/^DD22=)
M.DDE=)+NB?WGB6N=\-YGV%OK@]AX165.I_3:J^>#\9# /Y+F]8#-ZY%ZVI$.
M[H%3L+D9!:6+)%TDZ2*5T$6*DD?O09,V'"/!N[1)'7VX7M*1JG9/SZ6=/6@[
MV]S4SDH*EHN",I4D_23I)U7 3_IAX35?K$7BO8<GV/.&S\.5ZOE@G21Y4G/8
MYO5(GI4>. 7![$L'23I(TD$Z= <I:/K/QBB9[ 8:"5L$RO.V@W:2>M+$'K")
M;9UV)?T.F'XRAR1=).DB5<!%\AOO8YGVG$'*4B,?C$?4.VU*BUHCBRKI=]CT
MDQZ1](BD1U1"CXB-?U,T?32B-L79EKJIC'PO*9QN/9.J^G!=)6EJ#]O4'K5:
MIPUYQ';())3>TKK>DG25I*M45E>)#>*2:GA5/\=MNN&6U7-2I=E=;';W0>]B
M/:W&:4LZ6G6BN+IA&KF^CEE=TEC#FC1X#&?@L1[6LE/U.IY-%3I5'ZGMYFDO
MGY7;&K)R4+6"G8H;.8]#)47+1M'6F2S+GNN:_,)&IH:_^;-4HVG$><:\)N;%
M7M%7]Q_,^Z%:'P?1CL/YT9GQN!N/,;XAN 5_@C6?&1P,4>Z/;<KF"\=F.&?'
M![=C8V75.0/2&YVSV(CT%;"$,X0?;3K1O8ES36R3#?J^T4T"V")&.%DZG-$;
M#%_& >'^S.6K:#BSV.'HWZDUMLGT#1DY,?2[[^AD^6SE3C,]<KC)V8Z/'!8'
M<8C$=5;P7XN#VX= DV?K CXS#/;+E6?KYGB@?\(W3?<-9US""Y_?@%QD!$2[
ML:W)!3%PO<$;I>[5YMRX$%FMS"!J-8ZM?8 6XO6)OE/3P[G/\5'OO^M+F6WE
M>.8Y\^-!XFZ![YP$I_FSO&'W_KCO+<:"L^GC_O!N4QNXMC?$R>P:1RM=<R9[
MIYV9R=[KQ*FT&%$)!?=$]>"%L5G;F\Z>7[C+3GJ7X43S%1M(;/+.,L?/U)Z@
M!KO'.?:Z"W \T2F9,>P^C!Z!I8;Z%%"*'(0L=8-AS9;J&=\#= #2,%V\K7I.
M8**;&7K>[*5QL2V<&9,5;?ZG2286&/]_@]SY0]$%8B7XZ![,F3?!K?^P7+H*
M%6<99=QNI%&Q$HI0(Z".,1V*6N,9V,@A;%"!\P_=?6/)^HS,/HP&9$(YG'DL
MU$+X>FGX?)',M=,07C!/WPG(#)]X_V"&ZCA"E],'WT*W?R>&1T''^ 6OUY]#
MWF4FCZ+4J/YR1\?$X!\EN.!W8NLHO(%7P1\!EIT0>W9!33K2AUA(DE*:_2$C
MJ,-8Y\X"Q.">.53F&)0"!>L*RU[,HI^?9U,:RB5^!X3$LP$^!^S,9**[,>V\
MD$[G&9&,*]#<> XIUA^#N@ M0?L3!/1AY/L-C\1^\%S'):8&@%Y2#0VEKP^I
M+4H'=QL9<3L+!(Y#NN7^ME71MV8!^GDK3=15,T:TJ>90RA%D"=P,7 @KWBP#
M8BKG^E\>  7!B.$A4A]1JUEFWW5M_=5C4<VS]0-B$W2DP&&"1P)I6H:L]CK^
M,W\UB,?4,D.?)')\)A/+9#M=@;.L*]W+X$P,Q&D5OYG3UTGHLLX& I/Q?SN)
M:&'Q;A)4CS1#>/_R8?0/O_%I(?O.N(0QBBS=36+?_7>B&T@64&<#8M !'?H\
MWP]L\*6UG!WGR:[.G*>X#Q6H[Y\F./X&KHNJ]M%R=&20[_!'8(-G4*7/']1X
MI_?POK>TPWU/_K!L- 9 #110T,*<WV*[#MX3HN""&M;'A67]R7Z+O0@E]Y':
M.)%TA1!D_%KUO)D6@C41F4 ^\P-XJJ(P,QWG6OXQ6"PNG',M.&SX]]OK%0C)
MNK<9I1"#+93LB!V<1X-J8ZKU'0P4D2+@Y.9AN)VC(./6JNVSN-[8 -8$3V!6
M C;F &<.WHA-KW2#C1H5Y+HV8R"D/-?@C5]^.VF>=MH1*1=L*6GUO GZ?>A-
MA' S%D!)B_WM%GPWQ &Z&XAHL<J%O;$/'IQ[089_4BVE/U!G^'(Y2^64PJ]$
M<IOZ\JV)@S]8]'<QNP00QA;"FUF3^ZC<BT@KA14\E7%1U;-.6J[R(#I!L2 -
M%KG9??<23,2,B06HRFW]M3!1% N7+V8_T)F*O/COAO5*C$</'AGZN9#ER#G+
M.+9J)HQ<"5),$_E9"#1"L4P$6!3>G)/AC_U91VOSTYP27>/!@2!/_2SCCG;:
MW:0&V7Z/"4K_C1K@ROO>;,Q6AB:RUM;]+./BQCAJ)>J281'8$I;C!W&_-(@^
MP=C6_R%TQ'R'<E.<(]1LJ? ED;8AJV0GX^-V,YFY3?:^D^S$2L\XQ0BSN)D/
MPR#@)3_1 I^&&./R<VM&[!H# [8(C*-;&H]B*/P;6$#XB)D*Q$V ,."&@:L;
M!K)*BJ-CFPM__)L.N[&';[,[^DZ3)QOA,[?F%")Q]D KM>0BAP7 -XCCZ"-]
MR&!]&.5.V2SDIFPR^EQ\*F61\X&WEX9YO.4%WM!99Z$WI+9..XN](;:AQ);]
MA$H(=\P.8O:/'P=>41>9C'/F$YT QF#5U(E=<,+"^3&?#Q@"VOWRV^/9/]7[
M[E4$5%%;CD[(*$6A>:+ZY-6S'2Z;N:1_UQ[_6<;C3UCKN0 FV&*^]/'_OR>?
M^L2;H,B CK60&#P]MP,G+',HE5(Y/TV-V@;Z4$SW,3V3PG80UK"4/9CNM0]*
MSN9ESW,A+!F5A)4!VS"X/P493,AW&]Z3M+[L3X^6"V2&Y2(_;!N[/O#L=PHF
MA!VJ\L@B[NQ<$@_W<:<[[IWUL0*AF1BB,:]08F?HV&V=P4;*/XZV7C9MWBBZ
M:*!(YVEUP86XHYV%.,T$.(4X"(L3;T@'W?0LSYD?EO2'0V_BL2 9_RPF"MI
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MIBKP* ZJS2]^_=*^:[.!</'$"FA2A'X_J2R/_G>^,II0*H>ZOM-$4:[E-)<
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M[EH7D"IQ^8%_D NHE+@S/'18-]6XT? DKM[>&7YBON-4B3_,OJ.R!RC+R#-
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M53^;AFAN&L).=1>GFB>7NLN22X=GVT\NZ7=L10CW0<(]]L67B7#97<*3.><
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M&C3F!=RWAF,-9Z<-YZAB.)$8@@L!"W%%R*,$O0N0MX@EL.(1$_])Y0/WT#;
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MF$,8!)X7/.9%S$R?6<.EA;&,U?8O[X-5+%2"!21EWUV>:3Z%JH$IP7GZ93X
MK5AVK47-?;//FXMAIH6;YSE#$?%%9Z6-% 4HL];?*<Z2>#R,Q47V0_E<U\S)
MK^7'E#OT;@,=VCK=P\J+5I>PNFV4_ETN.YAWO.7:SUQ=/"OWI_H,&YCLYAU_
MU60W;>=Z;FCQSLVLG9D^T#NT/IW.2M?T+K6OSN:W\=I5FCNAHV-C_4FS1[W^
MI'9NE3J'QDSIL"93LHK7!,7;N0D==TW-2#_IY:>TM-=!I]UI%N>U&OH$KUU^
MD\ +,-MG125WF'CDD:L..^/_[_4BSB&_ZZ]CC>GO^I.JRTK-X2'K3\HR$9,3
MREO;=)=UMCF9N2UJ_?7+'O9"H/FA*''=M[7==5B9Y9D;:*5EFG58TITSNV8R
MS<]!H$\T]<Y_C=DMG6?:ZW6L*=E\UFI^# )WLNIR/H\8]$P2@]Z+$H,KVD+_
MS&<[>>RX7N\\Y;NBHTR_L'L\OF17=\[JGACS2B<OZ)5*YZ2WS*CF7:=8N7NQ
M<IMBITX,;!5)0ERT;^8Q2\XV6.MFD+F?[A*>I/'/>[W4&>5ZE=5^8;[WS 5?
MB>&]BMQ>F!'>%+6]^V8K*W'"U]&%E^60E_K0NU6$1?3Q5;3@9>FFZO^/':RG
MA1:GX386A_W4F8/:I9<]D^9.*]!2EON,Z\5KP6^-7%!?(QLU,I_SM1?R%<FK
M7<FG&>I++:8);FIP/5]X]C59^VQ/^X5G;V(KW=KR/%L^?!53WKSNU&JSU6:+
MS+,U!B\\>0/5"&O-?FGJO#MM7C6N1E@X^^QJFM]2ZK8[8;>"?4C<E>YVVS7[
MKE&-PN)UN]SG%:I=]<'"6?WKUFRN9.&+?NH^.U-2ZU*XA1.<;0:Q6H4MM3VN
M'8_JM'K=V68=^V3*=3IFMF?*UYUMNK!'FK>#L#=; ;RVXFV3<L^VX=DKSLU8
M4TOO]X9>8\D -@*Y21,O"+XUM59DS\CV[J'_AK3C-4^WV]1A8]FNU;K=TKK=
MP[J&$-W]YKDSN>4%%T7OCR$V@?K:S'(SR.[ETBBZQNMTMAW64<\46Z=UV+/Y
MW;HPWKU2O8-]5KL:S<>$TC6$[^YY8K>A"KHWU-9F=9M(=(VN6N,S'S;?5O\U
MJA7GM5JW)UJW>UC7$-:[WZ3W!H83"QZSSY%\X,G25B2[;H)-(,&7E_]WGY>H
M.;SWDO/]AO_&9-JZ9S;%N^MTMYZ:9W.\.X5X#2&\2[5N]QDO8^S:?Q!Q0G=M
M8E%#H&ZEVV=C; +UM?G?)O)@F_^UF;AFK=%>$&*K=373NMW#NH;0X?UFPS?)
MJ+E]D_>&^E[^7Q9$>#/]PUXGZ)O#>IO3..)5&I_61)^F6GNM(X-Z)A;/;4;[
M=:X]J!GAWSG%;NJI"?.=Z_82L*O]ZUY4K>N9D>^UFQ^"W <)]_;9KJ<CD'6G
M8SM9OU#0L;81U:M]QO/;@,X#7#=(^YZ8B[B]VCN=M3J"O8R\ZDF\NJW3[M%>
MP\"J3; WT8$ZQA_69%:-50[WV5ZLBUD_L*FKN6PS!CI9?Q]F.@)RLEN?.KUE
M]W]US\P8G'K05H3RM?J?M44TYY[0Q@E)F>K<''CG9W; *(QD47&K*OR<7WG%
M9,S"2(YY!"^!/W@\$2Y+@O)G8A;X+/5#+EWF!7$LXJ7=;O99X%T4^*T((Q$#
M],:,LT>9C-R(/\(2! ,6T9W<SY;?+U0BE/_+E0_9SV$V9$_ZXD!+5Z<B?LD^
M-._STQ*$E1^"; !"LZ2)_HV2Y<41_:[\EBE<6=.JZ9_EN]G4WPFO)2BL=+*!
MX# OB@C^<R3&,AVSNW0,'YC,2C)<9<Y'<Z9\OI4)SY_-_4B  8S#P"=] 149
M2!^,5(*^#%6#*2&8+Q*P4IIWS 2/?.&VF/0=+\5;+(L_\3A.QV"_@RB8D<N:
MPU;#'#/N@Z727>H #@%NCM.XN2]%W&(\$DPK/7Q"^@P^P :!YP6/.$!2XXLE
M2[6):JLR.OV=PO0]'L;B(ONA##E/.\IJ@-,SE>7H;=QS@[1UQG0V#N&ZSY\@
M3&D8!:GOZDG^Y3W]YZDDJ9UXK29^IJ]9W>;<SU[V*M>5UGW;<^_49^(YO3I;
MPJXZ1T<;;XQN4'&2O?V%)/9O<*$Q>^>C-WLK'#'N@S?K=5HKJ="T5U@^_?6T
MJ"X.8[4P<_>]9VY3RR*63N=PXXNTS0-3-J@7$N2US^!AG@S\E6HI]Q*@E]W%
MW3NKZ-*:B3 C2+Z6O+/QOY#(NX>=E2Z!Z:PF6ZN95C/7U\RE&5VKF58S7TTS
MC[?(@!O![38\UU(?KKON5N5:S/:U<<D$IUTHL$^SN=<YF<PF4]G7OCW:N$1J
MLM/?.]S@@G3C0LE&\^IBL09A#:(.0K$&80W"&D0M#6(5'OU*F?77.#;?_/"B
M8;NO&T=1R](3YV?;WX,]-Y!"6"B$MS(23F(]W68ERW7S7RN5YV8NPT01[5;=
M3_=PM=R6552KJ*^BJ#VKJ%91&Z&HI^>6TUM.;SG]3G'Z2U5!;EV0^28C37)9
M&R2Q7K3YR'9C!FL%U@JL%5@KL%9@K<#&.D_%.C;0V8U 9Q^GV93S< LG^UL4
MQ#MVPL(6'=2PZ*"FWOEP]=,>5O>M[N^"[O>L[EO=WU?=7^V&4AN7V;BLN0'+
M?FQ 76&/(>O07KK'_0XYMMU).OYTLM*MD-82K"7LJB6<6DNPEF M 2SA?#5+
ML"&/#7D:&_+LXS0;OQ7U2=@S09LG).<Y+C-M_^OFUM<JCW\90=:3 G0/5\MZ
M6@.S!F8-;*4MM95NJ+$&9@W,&MAJ9\=L/>54$/NR5WW@%1?52R_P>2]UZ<7[
M(*(+(F9$L^9;U%,GU-5;4%=OLT]>VB-\HR<;'NC<MK>;#1#O_9C;LW2CQ[8,
M3SSDDS%=H!+!4LD'O (%=,SL.QR/RW%L^*&E&Y?,/GC>-3(A>!A'PG<!'4&;
MRU=".?",B#L@P02OBX(1S3JUC<8S>T=FG0Q']RC?@NT8%N-LY+<98!B>L99C
M"W0K#H63@"EZD[;AQ;H2=.N1$XS',HZQM3Q>>#0V;IFY=;187P">".:*@8@B
M[L6TM'@K$][I)9(4NX+B]4A3XVJQ1P%?J[<.;,>4$( -CU-P9P0"-_Q4)"**
M.IA]L"4BM68,V^ T" K&1SG;#F:C)\ZY>G#F%K:__3+NRXOK#/ZN?2#LCKB'
M<.*-%SC?_O%_&/M;&A\,.0\O/DC>EYY,)O"9*V)(E[ZK?W#_3.,$>=F[[Z'P
M8\4RX"FW8O#W'R[OOMZ\_PH:W>M\177Y^LY/X#%?,70ZZQP=GQU_U>_X^EO&
M8&[Z$,WP!*'US>03!]P5E]]E_!6&^_4W+^AS[RZ)4@=_[[XG B0^DL'DC_J"
MS,>; $Y?QK%(8*!Q3(_(/G"%%\8E D >!.>^%?VD]%+UL!_ #SAR#&[@[S\<
MG/S I/OW'Z[??NUUCWX 9B75]+[<O?WA'X=_^V4=.54$_,6/A!K,;USZ'X(X
MOO'?BD@^</2N<46F[V]O/G[])_</2:0G7^]O"@&?S!$PRNT]E]$?W$O%F\D5
M3!&3$,A([Q+X;^+4-X.;4$1* +FTZ5)1'%#\@6X$O:;+"(5[[;_CD8]W7$X)
MOO2:_,??)3PW<D:3#P)X0F49\L]<^V&:Q/2!WA/B/YX6?[>C(O%B%9X09D7P
M5^#' _\N 8V_&W$@--=QG**;7TF)RZ.]_O2^--R3TG!C>@&,^*QWVCD]/^T5
M0UXPC*H1!O[P7D1C5->/:!8R 9I_*[*PZ&;P.9(0#83<N_;Q]JO[QV!=8\1W
M #2 G>&C*XOV$0A0.L:!? H2\92UG$XOU\G,<JTS+Q(,XA=:,E)04%NT.0Y:
M^B^9C&[5Q;9R,]-9.*NSF5F=9[-ZUJ JZTIB_,PGF!K*+>*MC!TO &Q>&4]=
M(;]^$$/NJ3]-X5YA^^K/[[[K^T7_X)'$$5QC3E;$"?T9AOK'];LGEOA\6AB=
MSO'T&C\QQRDL5 WX/V?]^+?I4 CB<B>X?*:]P^F9'L_!GNK@*S.[2\/0([P%
M'^:,A)MZXF9P6\0@V;= :_(Q7647L.:N>8E*GU94>BY2Y;/I_/"/J:2B@4M6
MGVJ%==PQ4Y5S7+UA>DVV1/\T=4M-YWA)R?Y1;^IFZ_7O45&/>IFYWUW]_N[M
MEP_OV/4?J^3RIU=Y_<G69)V7%J*=68W?'8W_^.;ZDEU_NFJSRT]OV=V7-W?7
M;Z\O;Z_?W5D#L*B_'S9P^^[ZT]V7V\M/5^^LTEO4WP.-7W19-.Z*GM)_GV2;
MI"MU;MXODVB8']@C(YA[R*1T;?-*QTWJIM16AS>H]S.FJ:=;4]15YM,YG3E8
ML<&-I:=;/$&QTBI-=\;?8)GJ<73OZ&RF _X&('E6ESNMK/99[;/:9[7/:I_5
M/JM]5OOL6NU9_'C>C-CQC+#(1%IP:32Y[OPVCB57F-]5X*5CGUUNB#9KMY<P
M@#7F5M-Y3ONYX]GF!1N8L($N!:NO]IM&^Q:[WJNN]Y5=[[U:[[=VO?=JO5?:
MI][A]:YW]+#ZNKYO:%QA:$67[U394*-AH88-,3:Z\GF[R34+PKN5@+,DRJZS
M7>?*_->Y]WEWE]LZ(NN(&JRQ35[/SR+"L?*AL/'=PIVD]GE#"A%MA&<C/.M8
M&PG$UK'6O.3'ZJS5V3V-5M]'P=BNM?6H%IV:KK%-7L]@P"['0>JO=-V)C51M
MI%KS2#7O+V1#UGT@4V]E))S5KFS:7>>T\ZM-]RNS)+#KO1_K?9.,Q&PC9KO8
M.[G8JUZ]M[M+O3-!QAH;\S;$V+\08]X=4<^\Y[@)(8GN?LK^%<DD$;/W=-C
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M #DD(_8?",W V:,XS*I =_:TTT;/ZQR9?5ZKHE%&'UW1SS<!CUP4K[I0/8C
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MY;&"20'4R(@%CUMO#[='1HD$_C5-,E-B7.6'V54'3?2%<%%30$745X"CNF+
M4P^USI\R:DU.2><R_MI>K-WB^TCV9:*&@1$6,$D'])D]"O[-!Z>'5AZG0.C
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M14-#D3^%]YF^YQ>HX7]U',&IK12,S &%R^XDR'L+EFCR(X^PT@!UHYS% 9,
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M"X*G/59=;&#V\7M\@*%Z31#N>6+</D]/BS27GU->O"CX5]3MW$B4LOOY>6^
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M;2LZBPCH7@&ZGS9G=#XPFX/IY2[E5\%7UZ'FEO>V1TUBY$Z1N\DI\D5XBMS
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M_I11V-1A<@CNA.D25*&.GXS>"NO.@F\'RE[_C^]ZXLWQ0^.WA/W<,,O=9RN
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M3;Q]J/N,>#;PK.7M*T$307$=B\9%G7(6I;<ZP&&@&QY_V6+A,H\\/!-*=):
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MPPN*4&!08 [=Q<=H!:4%I>50:9FC<4%Q07$Y^"*KD\LIWF6%$H,2<ZC$7/
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M-"^ @0<L%\"<?;!]I:&BML&%=A[5=O> Q=:BP)*F 2\76-1,8.XN@247>+G
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M06&]'K *ALF@47$Y-TG!>/C03K+C<A<G*!\#'Z79H.HY=YC>@=.KLGXP1"M
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M-#VN=X(YE!M4'R?=8Y/3BG* [\SSS+"YIQ5F0:$:];9=!S4M. I_F:9F=3J
MI='#;T2*SJ?F750SF&H<=MR# ;-I/DH*DPM R?.#J-!(V;NZN]?3_"Y/3@_O
M+'2/3F.5"CP52GE#!9[3?:60^PG55O_RG5//!5WC>4&?B9<[@<-5**9[7_4H
M\IHV&GGM)5X7#B:T>F?!;)H+NBYSIJ:9$PJ=D(]VJ^^G^?!MGLMDM2$:;<9H
M>X@H\^PRU;]E+VX_OD#)6;Z"<)P/A2'CJG*VO^KA\-DL%[%<QAM/)5*[=9,
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MW!?S;_5B$T(C.*-<E(,J;Y)_HTAQV2XF'C9B35@@=TSPLXU 39^A_9!N>P#
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M9I"VC4"9>V$WG1C\ET[*Q=!.:AUZ,+Z \!F2N25U[ ^I#\)2;OBQ2>X]W&_
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M3@CK0Y #LPLGT4[_[?KZ"_H4;BP61;"U91 /=B,P[V+J51*4<>O)?F;Y>I_
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MU/"\Z*SDT]YZ&Y:WK,355B>T4XG4><G:LQ([<VDE+F"0EXAIUU@[IUK.E_7
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M;1*Y/HDB\;ERIJ-XNJ=:=Q(#X1F;I+RQA@E'>=*<]BXO\Y)=(;JSVA(NLJ?
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MB=J9 69_6%2FP^(I-CPS@FVH2"F669W-2(C.((PEPW[93HFIW\$" >@DQ]H
M_%GDD/ 7^#2N1BE[.0R%],Q0\!7*$>J<P["NE54B0*7 G-4]41F:A/8TMC17
M"V-! H601#!M !AX3DW@187!.[@;;2\*I/-4[C(5W25AFS,13"WNU.#>R5'
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M3E-8;DV KN54:ADXC6&Z_H49,=(><)K"=L;Y:@TX36&YD_YEWV3 2A C]BU
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M&P?5.*C&06V.@SK9;%)2=^^NB-W'77</R#JWOD4?Y;F!O]7HZV/WF5ZE6^;
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MP>5P&$TB!_T^/B;)@7=;)?_5703?WF0H:.JS.>>JA)=\]KTA8U: ^K\!H,]
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M-!7X[ <LK4AT5M.I2P%7?T%\5BN!%(!<C_BL5@(I +GN1EOCB= 2H:VCH:E
M:*]O[M6M+$'^75'_WFXU>H2T$T@!R+WI=LIE^YLT1MH)I #H.AN=528>2SRV
MCH:F H_E%4]+0@71= _O>M.NF$ERKVH@?=ZAWI 6T]!KR+_':8OH.4%:+TAO
M4Y5.HQ$E2.L'Z3?G&P6T%%TH&UT,=3K")^X@X&?W/EZ^WZS:M][L><NZGI87
M#1Q6Z<*Z=7?A^RR:]"JZVN,FO_.-=OGI36'J.OQD*G4PE0X%L/4??C*5.IA*
MNT-[Q^L81%SZMNG(#!U.5X0.W9XT8ITTM<O0GBX1]?O"?XJNR2P33X*'+SJB
MS&UU]9&\VEWO5?"=O:^\$==F& G 30,P40>B#GNG#F?+E^R-8^/6'3J1!5]U
M/?>87Z,Q%==HC.+*89B4]/B-KW801*SBHFTU//0R-318G,7=8J_F2VEL=!='
M*ZC59O%L&V%RD_9;?NMT^EMZQ?T.%V3S"[:3>^.SAX-'#^_E=H>VPSZQ$"8=
M;\(O\7[TKLW@Z;/OS6R+65?SKP%>&)_>87XY#.V9'=H@__*;MT\+-V^?;G#?
M^&GIOO%.MR<T^3]O]R%%>O_X#?/M&7PX8Q]M<V [_--/7GC# D"/&3+K,O@'
ML\;P[5LW"/T(W__!M/UOIA.Q@C(N'[[??UCOROLKT\$Y_>&)L?"C-^0U0]/K
MZBN[M'#I??9,UJLO=O"#-Y(\=.TSRP9)1F;DA _/YG2AD5BN1-2D#\G'GSS7
M2K4@OKIT /N+ ]CO)L.WNY8+6/[HN>-'YD]NV""\,\/(YVU]85-SSJ%Q/_KL
MVX",J>G<NGB/\P<O\K<=)WQ)UJ%TA&[=&1-(O!S[C.$/]\#5QER'P0NJ.EM4
M57<1Z%N)F"+Z@0WC;_R#.8#^KZ[/P!7^AW&_\=D+;#[2KL5+T:*5B-JT0,S_
MB$S?=$//AT^_, ?'):U7BU_^P@+FS]B]>^U-@''/XQ8R=2PXH16^XJS@*RK&
M(*>Q\U_^CGXQ=HM\(L#7)"XZ<^V..0W8N^2'?-13JJV\,BCJ]R5-DOT=YQ6Z
M^(0DC"E*[U3:_I*XJ3I*61="M]^*YF<7$NNQ7M!@ONI@]B46USWL+<49,Z!A
MU6A8LRL&D+-ME!Q0F_>LO$Q#<\*78KJ[ M/M?FO7O?;;;VIM'=8&#&C,P7",
M?-LR_K$##%3A*YA#,'@2@6"P;(I[%1@<=DK<="(D &@&@#AS53[1L=,I[.6C
M\Z:JH,=ZQ[ 5YR([[$6HC>0[[TI8AX35A%0ME?7.\\.Q.6;' W@ILS:[IZPN
M_I-J9E3)TY$D3J<.TA#6ZHRUVNPW(*P1UI3"FMILJ,DT4#<C6RN6;)]V9?G&
M[MXH[=7MI=P(<"]UN&B2J?.9S$7VO/TAT[W1Y_9.)<H);[7"FP*E1-_T=JKV
M0X CP&WHX$Z)23>!26N54+WV_*GGFR$SO&RS,*55:^TX*:U*6*LCUO1*=1'6
M"&N45B4RV"PCH[0JI56;C'_*JA+<ZL)I:ICC.B:T$=KJB3:UJ623.;16"55^
MKQ8E4+5QDY1 ):Q14HNP1EBK,];4YD!-)G^Z&1DE4"F!VF3\JY9 O=CI.@^"
M6YW@ID!*Z\T9[4HEO!T.;]V-UH?49I-$H_6Q,VUH-,\'-]WEOT)MKYI,$9RX
M[B!^#1ESXPES<]&LX:7PC=_10&AN*IK5)KW$]O5A^UK+4[,J^4ME>O1"TQ&W
MN=&<R#NZY>W6S9@]\Y'-?A55PQCHHD\F0B:R"<&LJ8G02@?9"-D(K<Y0O$8[
MW#>)$\BU[^*QBI?7%UR6E/OKZU*U24*,L*ZJ:A@DM#N-/YQ)9G(@#K1W,]EC
MH-"NVOY)=D)V0G:25U7O@H(%'BR<GIP5\:B7[+K%"]^+_Y&K7_!?19>4.;"Z
MN^[= X']2DX';@G!^\Y3KB7Y#O?1U>)P)6&8,*PZAM6FA!I<(KTS%6ZO.@G0
MZT@ZSBX:VD70LZ5ICM^,8^/6'3J1!5^UW1D+P@F8%?X<1#ZSC,'<P%.W!A;E
M/C%,US(^\8+<IG-"6">L*X3UCL ZP-ITA\QPO" P_/BZ6X"]/3%#:-+TF3$P
M T"^YQKA$S.FOC?U?(2\X8V,J>D;,[PFV_">77@H]/A#(=^G9DZ\"+I;>"RV
MHV8:R]O0A&D\_<VR9_CS_[R=#.QW#VP8^79HL^ ?S+%NW:^NST"T_S ++Z'^
M[ 4VZOS2M6Z%!J_F'VP71LXVG3\B$\8P]'SX] MS8-RL=%SQR_$EQO?NM3<!
MN,[C%FXS]_:(_7H$#5\YWO#'W_^/8?Q/%!R/37/Z[MH,GJ!=_-_[/R,;1A&_
M\-ES[.$\_0:8A8L#](6-_O;+AR_W=]__K^FVVM\[K?;9]\?[[S=LV(U_>^^&
M=CC_CLH[;_=.ST]_,6SK;[_<WGSO]R]^^3LJ)M8+_CA-!FAQ^">F/X:!!2K$
M/4[\JT#!.QPFQW;9<?7:]98#SW_-7Q@M/N<$S0:\V\.D&]C#=YGAHNY*"-E?
M)\1+^=QT\+>BJ$8.)^4>O)UN,K8]SLH/,;K+AXYK<H@_L)Q@MF )X@-PAD_P
ME"QUBW<?21L^T9[%)BB)Q:;H3,KWVN_8V;1MN0W;52#:J<5G.WR".<W]$1C\
M1\^W8>1AOH(9+W;!.&<Y#";$$(95\NO#)Y\Q8P(?/4E65<6DNI&Q;>Q(L^:S
MN6RC>:,PTSP,GY@5.>Q^%$]0Z01WG]U[\R\8L6OXS YO&$2[-EZ, W__PX=Y
M[MHQ[<E'VQS8#DPQA3GI\N'[_8>5T]!WF(2_/T0P3]J.@S/G-<RC8\ &"RY_
MV@'_&%X0!/;(ACG9#L([-ADP_Q< _1#(DA/\[9?C?C:9G;5^,2+7%J__^G#S
MR]_;K?..8 V9EB3+S/6);.(S\S$=8(ZAY0^F[7]#\G7%'._YRO-^\-_N;->>
M1)--U13W_/N=^6_/?YQ/67 _NF&#$,8:QSF<9T0FU=L?0&6@XX]@3!_L4<B8
M&_?OT7M\AO\!E9FQ^$]EK79R2FWGE#H%??WR]]9)^U0PJ/5E+L N??32^G<D
M^-#]Z%^FCY0JV(W8+$%&9Q$9.4"L[$TZO OT;N@!&T8*M^E@6LS^_I&-34=\
ME [8UX?/$>!O*-#(TM>] /GNHF#=;C=!_*IN2W,##R'@3.@L_59"G;^ZS/0A
M1OGLLXD=3;ZP&7.CC36VCI<P(WR?<!$6O.H%K?56P.&PRBB, X8AC]Z=F!-S
M5BT#8XD3^6;Z-@+@%C.7$(R(1S[[H"9_?L5<-K*AU_[\!0V>+FKP_**UZ&F7
MB9/:U"<6_F%">(K8!*?FICH#S8=^Q..DRS"S3]?ZX/DP+;KO?P[!L8W9"E]Q
M6O 5IQMJZ1K&&#=08& G/H97 OFTW7&E D&J;[?OA<[21K)H#YUV"M9<$'@-
M7@:FMIR,+ZB]OZCVXX*U[ZS0HEL(@2_<!D'$K!L8.G?\&9%N\:\^/)D^N\(L
M!4:XS TX_E>,1[\P'OT5TUQJ1&)RP_8]E_<\/T*/,,&!><YY)U_0VEE):^U^
MB19L+&Q95T\0IS$_$/T6.4UL2.1N+L/0MP<1ST<\>I\\%W7E>PZ0O7&"I6V9
MP7HJ^\)"  < &OP0O#1X06OG939U<5JIMIWE+JCR<F;:#CX-V'P #KN]'Q39
MY)S!9;-M9:HG1YJ )#DS=L=#A@6SWI*&E6C7HX?,;+Z4A!4&XV)Q,"X61V*Y
MVHI K<3R);*=,8?0U3Q[Y+,YYVI[-GTK&=W4D? :/BC9_93/B=] R9CB$H;S
M+QZ^@&]#PC%F?R";N@%=I,YG)]^=C 7O6>I=,Z!#)^TAO'V)=^AEFCU?"!J@
M]UQ^T/#)^<7Y>0[J==%<83QSL\FVWB-.9C*6(SA7\T\X;V>SUA^.-S"=!Q!A
M&&:LB"W8QE<7'($S!].^A!DHY-';XM#8%G06YJ0[\ ]C$/#*'/Z D4KANMH2
MSMLEMU0RA9Q.UO0L,-^'MAMY45#M&3ZR(%AT"]5(WMHM)1J*9^0_D*F[^"GZ
MF)>91?IU^R>S[M*TR@O*+,5%Y^N[E9UTILZX(/B7HO9RS-SA?%^C4PKNVJW2
M!'R(\:F.&<2_=^9/C.^QX?<_IQY&3)=B$>K5O-%2?9;"OGZOWUY4Z%;"+KCD
M^)L_<9:H9Y"R5$>EP*Y]4>%?"P)*MN5V1V#Q<CB,)A%?6\/'Y'K9KP^<,P=
MWC!!RM<U'Z*!9<_L !&W+Y,N!7![<+A+%%@8)H@4@:A[$YX72E_YZ &UF6 >
M(V/U-[8300O[2,N=5P9F)1>W<5\+DMZP$?/!13R:/SDG">"'Y&\Q@ M\SK5$
M%F1C/K54RG(@57(ZVW=R?Q'[^BQ\O?#S,[S_I3CGO!3G5$><VP?JUY&/W?C
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M^3J"IJ,KEI=V/216'MF+ QX1RZ0QA31/S.'GQ/$@;'SBTIARL@OO0 <0 (-
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M5.R7&T=Q&5'9?B IE(,]O;NZO32PD.A)DHGW&;^J"R7:QZ&#"I'WM8DF4Z!
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M5ZHO6\9K3\S_P*,[N OJP:PH=*V2W5_R7%Q^3Q/&Z?WB3I]L_T-8:4])L4Z
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M//\=7^K\'2C6<;ZA73S,.6^AZGZ3LG9#:YE [7;[Y$R23&E;KR^6#N,$7PG
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M05>QC\2W-<\0# +FS\R!PVBD]8VLOKK>=N.L):<E-*N-9M.UC&LS>"+&H<F
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M;NEE>POL&JQ$-DTOBFR:@SEBCO +O_!K";^>KC>\U\-H,CHJ=#9225JPBT3
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MP<1.15R9.+[7PV@RFDT=D[30G@OC[?8J3!U)HRRGSHV9(]2)HLZ9!*K;8XL
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M I%4"F_"E0I"CE-XEX9)KC(]T-%-V(]U+?M#JF"Y"5J?8.#MA:#FBE(!X(0
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M?F]T$Q;1C<X/5:*+6BDYX@2[3=#ZY(+K9<7 YHH\ 9VM%.+L=V]M6(,U]@_
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M"9^( Z#46THI',"H[8P2Z>$3/N$3/HGQWC J5AR0%U$<JVL=K]U-AC9 D#9
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M7)I->]SL0[_I,*O&4P_-/M?P:[[1 SWJZTQU@D.K7[3="I8O)=SJB8>J,/O
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M?(;S*KMC^+5A'[\#R5>.YLNHYLOTM@+;VVM8XS8M=QI_R6.K>]'TS%4KTTN
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M)XDS-D;FUB]8KO!FN8+C4I_K<^;O.GOSH^D'SJ=RG4?_,A\WJQ9>C<3%+3K
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M)F_'MQ$2WXK)%0NZ+=!+LS^88?.KGPP.V?Q[]PQ;G4^8DD%8FABKU,=GA&R
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M2D;C3[\T^Y]\H(_#POXDH,A%\ \6E-'<@>:.J4>PR+9?VSBLW)Z3Y7PP.]+
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MM'2 LC.'X*!F*&!2\SBM\AW7.3$3A,^U#'PBD(+2M(+@NM.,X!)76B/,H@>
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MDT46,[8?[4,41T53 @L/ QZQ8\**.ST5'(W$#N8"N8TC6V]1F@C\@.6)(&^
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M58\%+(Y1A.<N? X">6;JFIVQ+E94_.E9_<"@UBNF&L[9NBH9K,=2.Y:R<?/
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M><(W%WA*UT\U3C4-R#:ON]XXSSKKPB+[A2QQ_HIN,D62V05&=TP]KN6T9SH
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M"I(HL9"!JM\M!O\.5TGWQ.&HX*FME*56X8QV\6U9:F*+*&7@EAJXBIJM?)F
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MJ"2Y=_!*[]05P%(25IJBE/L&VIH==>TN06V]FGX(L.T0T4CEBU*J/55%EHM
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M^OI.D3!C:.FP4>Z DI,M9(/0XO)T &694U>D@-.85S#BS")/IOA4<F2+RU.
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M[;7">U/V+\+&M@0L?M+1!4RVW;P9"< :GEZZ!J,[5X57CGD).RJG44VKB>A
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MK2F)W(FZHGB'BV.+F,ILG5"&OJY0WN7ZV$(F,#LGA.6:8GF7.V0+F;3L-NE
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M <9+D[WY@CBOW.U.:=MR+^-+6=M<%[(HPKLT!YNO[.:54MTAH;HM+07.I]9
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M5DE]==IMEA9X-3&4U<1=;^51(X0[PMTA<$?>6;V]LQO'A<6V$RDT\LM(3QU
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MX?N]<]]WS4' %?RC\]?M]2M8/UO$>JNYB/57N9F&-;,L4+.?F,U<T'JV<6Z
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M[QEJ*%O[)[A?@B=X/LC8%KX%#R%UKX+I_3_E&76:N/U3D\?3:=&&M%19!GR
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MBNI,NI;RQ[B;HY[Y)K]Q1K%,)H7>#,\(Y!L<AQB[/H5.)4\A!(D^1,X5; Q
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MMI)84X)<92"7/;]_^W1(?B4< EQE $<&E<!&8".P50]LY3"E+4J%5 =RLNE
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ME0XI3=MW:'6KNKI.X+]2IJ#UY<KT1)E:/MD7W=>VL6G.OI9K6\;JXA4;LNF
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M$_AG8!/4:4%* %("RBC<00O:WM3,,X", &0$:@=4=1("+="GS86I,G8?\@&
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M8=52DS:J(JQ&IUV@BVH!-ZE=?.,(H "\*$TL>L<1BQZ(!8B%O&)1?Q>J(4
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MO;Z05,J<(H&,THI=AU\NVEA)4-5O9J7Z5]A3O#\P9);>I-X9A^>R8)WK[:=
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MH'%9"2RARV9/!+/NZN[RH8P%9ELBMA%N.3^3U<E*!D%6J2P< U1KSMCN%7M
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MKZY7'M-%Z#&EN.<%\TJF\EY+WVW_(?%PP"A@]%/"E5<!J!]\-Y-+M<5Z1NM
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M=F[J]W:EVMN*L%>\V<@N\D^+H#@W1861O(L< #( &8 ,0 8@ Y !R !D #(
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M9:Q.P@O_.'$N\>91#V"Q,UFV^Y;[@L5O\ZCAMZ/K@>N2J%=Q<F6CVX4I!CE
MC5.^]N%"GX1P"1O=>A2O@6UX%#$+]$PX@PT7O]IQ/^40ZW35PW;+X6T(IIM\
M2MQZ=\$[0F_K*ER(W MK>9O(FN")?<I2C%=7D^BL_:W/VC+S?LJ4M5C7J67C
M?9<Y$GV.W14CF,!ON:5(I:;*MUMUVXHIK/$T908GGYB\L_;8_,':3=,7EH.9
M4EF_U)KW5OYV]G"&#,90EP+D B[%%&L.&!"Q;:<N%.>W0(E]6*@T$MAP,34C
M8I\1=6,7.VCW;"#XJK;_%6^"^F?#=+A7<))Q!_G0*63WX5&O'4_(QMWSK+N]
MV$>SBA'!Q(#NZ%>J.[9+>TGRN273(:%\"K[<_:CRV1>,)BJ?'W\PYYQLO9*0
MG5REWF9X+X5'=@12V:YB^#N_V4[KMW[M:#$KEY<H//.K+,/ 9Z?#*EJ@ZG)S
MPZ ;)FH$G(Z.ARKBM(IK#[J>-<O2_Y12-7$="N&(SI]N^+\W$EX2=49=SQ4/
M,BUP+N+C9\A!OIZE,:R*C5Z_Q$HW4Y8]72.\G^!<2!A4>Q?+@5E@4(O[U&*!
M0GNUU6C>FWQ HQZEU78N1E:LFB_XA7BEZN4:J%^M<P;J=T/]BNNH?B3%N_-,
MS%TR$-L2*8&FW24%9;4XR^?:%2Z *$N,BG1#*X%1(FH?RD)4$XU-R@.0W-H(
M.5RH0L9C)Z&9[U%4Q$X(/#9:)JG%-?U.0G/5NAU:D'8T;;V3W"V;P-FTL_BU
M%:"T<\$85'3=5'2V:TU!12NBHINEH4%!@X*NJ8+.>,<P*&A0T!(JZ$ZF@X2@
MH4%#*Z2AL]WX#1H:-+2,&AH4-"CHFBKH-BAH4-"@H$%!@X*64$$_+D\!H/?^
ME,YL,F679@U^ :V]5VO+5/$IF98OP!K5K$([TQX[V 6P"\K8!=YJG.P^I);B
MA!?,2Y@'>J]M,46)9X%9*ESIJ))!DN225PEMT0AB%+!%M;1%GXCG(</T='8P
MA)]==GA#%6S\)PB/15=GC=I@C2!(@B I W=ZZ=X)8)>VV"4P2KDI*CL.@ER8
MH*"CO+ZSLMD$53O2RF<_.ATH,#TLL%')@/3R:1_]D&/TG4Z[?!V\?$@97'C:
M^"= )Z]KAY4ND::W=TY$'*9(#Z(^M_LA0/V)H#ZCZBM;P^4AJ3X*;E!0P77W
M*;C2+5RG\.KOHO^]]LLI"GM\>,@E8XNUJ%YM+[#6=]A?=9YC7<)WM+\+.^S2
M+^-E<FA+3V%EQ"4/8/8V: )IJ8&T_/_LO6MSX[C1-OP]OX+EY+FS6S5V=+8]
MR4Z5C[/.:X]\VYK9VON+BR8A";L4J8"D;>77O]W@6="))XF4D _9L2V10*/[
MZJL;#70+K.6.WSA/HARHK9B$7P"OJ8S-\)9'=>+E1J.,*/[Y;[UF<#W3I^ K
MJJ8QEU_3[5^:B9_K!A\[8 /:<I^+]M9:/O ?LW2Z>" Z=2?' \(FRC=KT0V@
M^;M<;//.]H?!-YO?.BK,(^-KO,?JQ+1X_PKO\OMB'QZ_$+[@1UNLV.>AKX9%
M-!6_VP(E18\8MWX\_(K@R[NZMNC.(6LOZR^Z>\.5WY6BV*>&&C\AJNTRCRX-
M5<J4-]7@4ES8JP%_Y_*^)\K(I=X?D8B-9Z^,ZB ;$WY%@:T5.UIJV@YSN?>J
M=F>10[];O92^##'[*O;Q_(IV[XYL;@_E7<TNGA;.];A2[F5O%#[(N7O9"W:N
M6[OEO75R7K1H9!>&4KHPS+=?"&R[V'=)I)!(L0PI.F*M75ZD*!@C7(;LK1Z>
M_\J:3%5SIC R=9DVYH1>W#_-]:)FKV!E#A(FRE0-R+3E.K:C>ETW>%92L[ST
MBCJ=,NN#3D ;C5G!:W)6>*\F&' XITJ[E\(=*[+#@F?L)ZG])H&^HO\/;\5R
MUFJ>_M,&)6%3BP.53488^Q0-!9LUFH&Y*]:K04>\#:<=AM5KVQCN3QN7PE*9
M.3-89=WQVSK?PJYX\)(*"J NE5E;;CK0;#3FSZ%G+P,('K:E^6=LXY)FMAD+
MA*JA _D:N!P*(%:I3'W; "H;N)2!I=5JX+)E4,[2P*4H_U,5K,E3QW1@L+OK
MKBU% *YLW%*TELC&+1N)Z;Q=(2GQP5102(?F7M8><*Z*ARGF%%EM\AJR6<O!
MW9*7ZA@8Q\]-#VJ5"L3+#V.E/,Q;]LI5\!261-_ZH:_LP[*7Z+MGX-M+==>Y
M!%\)OG4 7]EC18)O#<#W6&*OQ-Z]PU[9/45BK\1>B;T2>[>/O;(QBL3>ZF-O
M,QU'D.@KT;?ZZ+NDZTE/=CU9#<E5JI2L$H27=9OO;B#_K)/RQD4)^1+R*P_Y
MLJ%)C3V.;&B2L]RO@FZF^:G12]F97#H:Z6BJ[FADMY)ZNQH9W.QU<--><*V)
M]#D)GR,=3L9[P,L/8&1^JJ!H078B*2+ **T-R6Y\PZF,1_8G'NEF0Q5MHPXC
MG5[I6Y3!.\J0@>PODI\/;ZFY2&ZT*V+>M3;J'$T2JC+M,MLC=#JG)2.9]X8R
MYI^AF8B)%]D7T3RDQJJQTL/W3NH2 $JK*+QI"*8K\7)A70?K@+'3-]6A;]XE
MNW]K=1I1.Y'8+?)"UY%NN5U':JQ^LM^(NKS?R ^547[-XUV@)3>F0\6;A,H;
MES>.F=?M1+R',W^[DW(DOD2<=S>^M\,K.M\"X29O1];)JZ/$&B\4)6Q_!\(9
M@XM]A_<%'A><,XR6%GX/+C651*N4UQG>6<H3%[PQ"PC#Y@TNJ+GT*E8N&9-?
M@%IX;PL$5A2RYO V'%X+C:([T< ZN@R?6_ J^C?3%OO4HN^Y'8R)7;1 (Q-"
M9:*>WRKV%?,&&+LRF/^+'=M35&34&E&C-51WT%I H/]Z7U)MF\!3QL3PKQVV
M0"K"%XONKW+H?0X*OQ=]6.P#(?")=!G^/VCQ@U $?TMT!?I4L'CB=T<7C7>)
M1A#EM6MHGIR)F>%<3RRA8T.S4W[+ANTU6>B=-,2#!_DF(T&O6- KO+F+!+UJ
M@5ZC8+=6 NBU3DX+'^3., \[RI>.>>F"V/.=AK!W)E)7DV@8DT7]"?_/&JM,
MN;M3K@R53K"+X;]5TU79#/$8V=@GY>'R[@*"/#8]4?B>DY=[LOC7;U6-&M29
MG2@#WDV*.MC+,-Z^)4HA^SDRO\=4\$V^]@6WJ&GW"L;3* D'HW\?4VW\J? Q
MB]<6%C)D'+'M8OK.[ZOJMYR$I4')3YGU1G4OWN$+?6=J)U[NTJ"Q5JQ1V(-)
MQH/WUZ4T;TJ$EHD62-NSG'9)S9U.E.^\.4XX@8(]N3/[%-/?,4B&][?7T4WZ
M.@Y:K:BZ3OVD5,&2ZY;5%6N)\<*\'OY/N76YAGSR0"GV&^7=<@WN>TW%(":7
M0P3DGQ0Z5$P03\+P_8P7_PCV4<*W([LSZ']<JJ/&35WXBXTM>P=Q1:2V8A.-
M9^,P;0*C9#;?/+1PK[#P#)KF;4&&% );[QH&FD<TPT0VDM='@8U1QR <V^)?
M18UD1+. F'"G1QU;T= 9VAX3Y%U\O4P0_-7WE_PIH>_TA$^];:)/:*ZP %ZI
M.F9)1_8GQ;!4TU8F*JBA8WWR !:D&IL&)DT_ 09@,A7[/7-9,UAT8^;UC+(,
M(^I_!>\N.*O*E&<O.\8'ATWD?"GPQ'.\N=Q$G8&%O8%81BJFVV)$PG_$29PT
M($SY_;!\>U1GO*7;9$+Y5I<R)(3O8A5,NLNR2+0)6%?0CP3["<V!;Y+C1E]$
MIEJ-3PK>S\9E^THPK1[J($BWZ.Q%P<S7,Z9FK_'/*9Z^,$UW<J+<#94A8 T6
M"VB$OA7>@I(;7TR-W*3_0$'C9@PFZH=#JE%4)%^YHJU1,_JW?SC1:[7V*0Z5
MJ,^$USO,?Q_@X4]JZI\B"V=$!?SCPUC%<NL=*Z VAY4>A?.\S?:,%NSR%#L,
M]'3A+D^X+Q,?4$D;()^PQY]DSP4.D&(<0VQB^L$*:IC71)$S)=RKK6PSQ?5E
MP,UVNM,'*P\9M*O;IZ39;10TR6ZCJC,L:H*5F=]&-=[=3G+>V6N7^9.V-/-,
M'1'/BYKI>666N)HE8]MH_S+?Z^VPD;E*AWJW"O%9&SL>,MI7JVWC-MU&^IZ-
MY\7H24T\QKZW#),>8]YC[/C&H?R^HHR>E/OG'))67U;3R5KVEO3/GVY9' 6<
M>BVKUZ;T>-+C[<CC%7)'1JI<5=6\5NH>F57Q5=N_$;T.%XV(%RADO@^D (^Q
M0NO:.5S$RBEE,K"\SJ,894RS<GMS\8ET&+5S&.G:>DJ'4>&;"&OB+YKIKDZ7
M_D+Z"^DOJN(O4G8BE?Y"^HN\4^HL.%<J_87T%])?U,%?I.N>*OV%]!>YXXMV
MJJZ1%=FR*,4KU.O><8G]>X;]Z;JW2NR7V)\;^Q=<N"&Q7V*_Q/ZM8O_BWK'=
M1:V6#LLAE%1J71\'LHM&2:4ZG$^MAG0Y^^=R:G8^1+J<]*V?]M>]E-R5J(*>
M*$M=5<5;.)5:LO6I=9:J\&./-E7*Z2.:HV/U86[EU.YP?):V.G7TL,OFF:,=
M5AI7FW'6%5C</$V_*M@<MPB1+/.TNY%)B<WB:A@!%J+R50D LTQFS_Q3UC!"
M"XY^]U8U<VRTUT\5[#AK'\=&W@Y^*[J?*;%&3W]KGC25U^@"U5C_E^7W7OO7
M.L4O8N(WZ*YLR;2VB]&__N':QR-5G7Z^)J_.-;4UP[)=1@8@Y$O#TO[\\A=%
M^=?DE7Z^^9@2#486WEORZ-UX9E^[A%^^2<TWXC67NL"[,?G?!OC.\%G\HD'X
MX8D,?SFZ?>H_O/Q;-1O-%YS&RZ#_ G-K^S_Q?D*S%Y3A6;/3/>L>*53_Y>CN
M^J79;/6.ON <BKPGZ?SD?+6EG78*,[3@47DTK:2SA>W225*[JD>*Z]*$>\O7
M;71\'U3,D6'!H94Z_TQ7+)UV4TXX8S"\54ED92 2%F.@5:4;BK8*HUEO*)*(
MN@I1JW6'T9:A.?TU1JEQ>0_@U^\%*N$WW4Y)M8&WC.M^#@YI<VT[EDSMJGHM
M3KOKK6!5!!6,IX*B.DAGLS;;6#%O4TC)0ATR'L5=M5,3/[']XO<=(7TQI20!
MD):Z?5\$6B\O8$QU&<,"="Y^;0L [1T4+$B(KAY$I[O<1D)T32#ZL!!: K0$
MZ#T%Z)2WR4B E@!=08!NI[J?1B*T1.@:(72Z^ULD0DN$KB)"2X"6 +VG )WN
MDA4)T!*@)4!+@)8 O1V 7GP32OLTW4THAX?:5:KXK!C*EW6%2@6]0BO5'KOT
M"](OU,8OX'4E"O%/=BG3X+R$,O7/=@F2*.?> B7'Q06'ZY9V7 E;M>J73%*I
MFR\ZES&*]$5[Z8ONB6TK.K7Y 6A%-77%<B!L453]#]<[5KP];[3HBDCIC620
M)(.D9=+IIKI^\G#]DG1*F6=4=APD<V$%!1UY+BJLY'FL7<4II=WX6#W_T6[+
M M/- ILZ.9!N-O31-CE&WVZWRL?@\"5E2.$EQV6&>:[YRW&2L1)7URT%TMP7
M^I4-?T7,/B7TE8UP6::T/P"W[,*W30&NLPK@2O=P[=RKO^+"NV/%N^/#5A@9
M&D1S8ML+.EYGYRB3X,(#O.PNNCY.4</[XQ1JVR[1\<-JF!Q:>>-=Q<TEB\*L
MO*!)6LL>6$OKY]CMD(&:VXI)'+SR45,9FU%SI*@3+S<:943QSW_K-8/KF3X%
M7U$UC:'=4/3T8%;\<]W@8P=L0,MNP2SHADM^6V9PH^:OQ- '5G"KRS/1\+^4
MV%<P2FJZEFM_-QD!\?V7Z/>6;3]:-OS=,C$3/ABKYN"=&&_D 3X]MF]5RG[P
M:T#C=VA>/+_T;U=>F_GBC?GE+AKZ![5?_"&^7%EL:C'5(7C[9S3"!W[%:/BI
M'RJC.,T[7YOX6^!CE[,K0[5M.@0]P('WA][[$Z]8^.49R'BBLMDE,0E\F\(_
MO7<>*3K1X$^&_<O1<2]^Z>?ID>*:U)OW]^?KHR^-Z.[24B2=6,LG\D9,%W1R
M^16FO<05IKT%:Q%)W>0Q/Q?:G4,F=D)B_2F!)0&#?R8CKF-SR_'LP(+A'RY=
MFYHPA>!S_"F@R2]<UB9_O&I<F/JSPUP-A$/T6VJJI@:+8;L,_[%.ZF?S4C_N
MG7MV%TD_D$UX5:SW$JH:7UT5WN*0Z'VX(DS5'/O6Q?%$)D<FU)WX3QI8E^2)
M:-;(Q 6[AL4$6= /> XLT.]$93"EJ*3MUC(,ZQT^<JD:^(KG,2'.-8@HK:D$
M\KTF0\) 5OYH+AB,?,0%/IA-22CD"\!8@B)>)\/S>1DVVX$(*R2M</6>W0F:
M9G\H#NP;<?QWVS<J,XE>ROV^[4;Q]_NN[=Y7D(OS'I3'P95UO6VK['1U2TZ\
M4A,_ZY6?'PO>4<'I5[_=1PGWCIZMB)":G4[)%X^NE%;P]BU)#!V?K=P ;=<3
M=^:G4J%YKU#"[E1E'$:NWK=[Z#U#FVJOLJEF(W>E1_' % QJ2X+,>CWT(0+T
MRAVMLR(VB'=WA70P_BV)'..(U/I6C=)IJ9G[KIFIRN&D9DK-W)IFIKHF*"4#
MK@6WR]MQK3)<-W>OM33,=M>X5 2G72JP;P1WI[W$ID)X9C/=_?N5I[+R]%E)
MU<V-1$YEU\TI&CLJ690&L?.UEP8A#6+GTY0&(0TB8V11O$7LAF ??'A1L]W7
MW%'4JO3$^5GY>[#G!:00E@KAFC*BI>K3=U">KJ;^*]VYM890 +KR<-G.W$^K
MD2ZW)155*NI.%+4M%54J:BT4]31=[R+)Z26GEYR^ZIS^PK;="=&E"Y(7&F5,
M8A5^H='N8@9I!=(*I!5(*Y!6(*U QCKK8AT9Z.Q'H'.(TZS+>;BED_W*+'O/
M3EC(HH,*%AU4U#LWTI_VD+HO=7\?=+\M=5_J_J'J_EFZYK\R+I-Q66T#EL/8
M@+HBNMQ^*B/E6*_;TV72$1[W4R]=$TYI"=(2]M024K:CE98@+6%/+>$\G27(
MD$>&/+4->0YQFK7?BOI&Y)F@_ G)18Y+-LK*D,3,(\AJ4H!6(UW64QJ8-#!I
M8*FVU!K2P*2!20,KS<!.93WE7!"[JOE,]JX+B3XEWTWO^K+@"R7WP)A[G?_I
M9?U*GL'D54:M\.O!Q=R#,67.K&^2P;LU&%NNK9KZX!V^L:XK3+LYWUNCTVUY
M2Q/U)YF724)@8;,5;*YAVBL[O*QM8O&B$_IR3T:JL: 13M3UA>C>GV\^L.43
MO'M9@YT?=S?K!- 2FHLT>O,"$.:8D #O-A)TA@&]Z[^"K?'>,?9OU!E?P=^H
M<TU@9!1;!<'OG\A$I28\[S>>BR'Z!=BI.@K;E3SB1_5<K7)0.YY=]D:HP=N4
M7('41A8#F83*<Z6ZO(</M9T'&*(["405":=]].6Q_7OGH=6YCJ11UGP30@WL
M9Z!^W,/24H.O9]2%*:UA+E> CJ  S?GU7SN8Q-"+[4?S8#&"+9; N"],'05,
M3;!R?CW_+;,F6V[: U-Q5,.(M55:+MGNO&3;I_.2W:VL$LMVY<+T3><6G@&N
M$I;:-W:OQ9:3QQJ7BZBWHBG7F@$E!O\\5AFY5&VB7UD3_!2WN]@B7LZBC_AM
MV2[>5:;S__L!>@S6Z9EA,Q> !^K$GQMJ3O#;)W@1H[B,SPYXWCD_]X2#37S^
M 5!CL@B83CDP-1X:,5PJ4@:EMN*Z,?!OSG@P!@XV&M_28=1K:E?-N+Y/APQ>
ML,ZDA79FW4Y@TI625L(X@/_=F9HU(=BZ;H5V=Q/:W<W>@([3$-MK*G=C4*#0
MZ@9]SMI"G[/C]CQ>)J:2F.0CLS1"=(YSSZI!^L.+-Y4:R(H 0? W45N_?'W&
ME@R_TY@??JO5%:A4FF'.S2_.X/'"X3( N2/P87\)DG.8&\K2A;BS;1?ULC_L
M.V/"[BUS-"!L@LTB\^CA\N$+;+;56;4"*\8W1W%1Y]+XQ,)LJ4+-'#OM)<H1
MY\8+!;58F,1^5.D:5<ZA"P*Q%1I/BB.9Q\TKU1Z#PKQ1G>B7L^_@..],C_?"
MBEQH#GV+]PF%W_G+!6M:CGT*G++5$54\W\#GXA!&W^#W;^0KA#"(NGTS^EU.
M&(HYZ>")R*^9BPK\1.T_HUB-<T%M]ORN3NT?=#Y#X"UD: KWEM=/-ORZSR$A
M7AYSCF7JW-ZCUX:..WJ_?>$ 5WMU><YE8*T/I3L"F144;JTT$[*_B/HT#RRD
M!3!"@R1<X,!:M- A9D0+78[+$WKJGI]VY^=<Y"SF<"1K,!SJ34C38C'\Y>P;
M]@&.J.%7PWI5#0$UYU20-W@VL,WVA6V#_6%CXTA]@S;)_&^7JO8G!&MKM$F@
MF@G@6AQZ9PX!;O[C@HABRL_M@\>24RZ5KR@G"/G7IF8V=WPI0J2XE!IQ(<4I
MHXTSLX^^=,Z:O7:O@+@HI5 .)PFR:>?BKD")!42L4 (DSO[\5N  .4]DZG=Q
M[P_#QNYW)H^^ +.S2_K5B30KQM6$#O$Q:%HG[F7D/1)WICDF(2;89XAA4&@7
ML=_=F4_$P%3UH\HXTU 9X^@XL5S322NVU5WH???^U7H#HHM_Y=.;IPA#BTVX
M'"]G?C889A'K6S\+5R&0TGQHMD[^0O0A,+-BI)=8D $C*EC,C,,E!S+[0@/D
M C,N!*9#5N7!(6*H988!1O"IQ"A$.=U]NXT+JKT MMOGYXW>V?EY)*P5,]L"
MU@)N1!@R!F/<%=INEIKJ"N'.MK+-FPNJ&*[RS45!](>^1L1LE/OCK*N1I",H
M^/[$!/YO/\(D5M.0;G>!/O=:C=-67)W+FG"8JT4J[7_/AC\"IR9\1PHH%6%O
M.7<F.8TU5#H)=H#B< E4U]3O51*\:9VN"I'2<;/1"[G!)G-)!DI+4VA^?&NY
M]G<3T,1 O>6/MFR*TF^V'N 38[O/<S^$ ;-Q)RY'7B%9FMM-P;)/"$/[ ]-Q
M1NJ(>)% -%S!9P7/$6CR+?T "PP]^#J!"X%:/$ K2WJA8@;;QOUA? _[Q^JP
M=!\S:%UQ_Z 5U_KE@MI0WQ\-HH^(?@%+9^ Z,-5(J\-;+T'H"GE_"'Z%+$*:
M*8>*]XTXF&BQ41M!JN;B-,^M2MD/U7 Q9IC+%)56S+%07#,@WT@/O:PIC).M
MJU_I"1%6,TC8>QJ56P+94[?9\TH]L2IGP]0M3CDT1IPSTA4LM@!1P]RN^)0X
MN^:_IFAJW\TI/,$34!C9]H?11TK)Y/:$8*$77[?")[%6/)7'B9ZP_="-2E56
MS2RAPCZ5S;6HY>Z#]@0F?]QL"S4YP3P65@WY-IQ^VRJ'S0H[$\="*GBSX25F
MA'N,H#7V(V$!.:9:4?M%K?CXYSAI\$) U)-&+)NX<$!U8J-(:(!%4QU^(5#1
MBQ'NLI1%0WL"#1425.62T:BB,WC"HGV8?-BP?5P42&5+0(LU$TY6M ;YJ &9
MX*X%F]U-P+DP;V<-'4PL416NU]!B]J9%%NNI_?:%*))0H0ZX(,$DJR5@)MIL
M;!DZ83[^82S-(VUXG(;[GJ5MD9^*[+$E6.2F(XP1# T3=P2&Q/][Q_4MV@;T
MT7XC?I4K+[&,#ZQ1A5.!?8;\(N7$DML+4>5L?WA-[:D%:O&56>X4GNNI+_Q6
M\U".Z.%^_"K43T,X3P7"V>X(Y4E9![FX)/X>I>1G%/U2QB"G<^VF)9S+)R:6
MI2RO8%\]I)++YC9+I3\1!S :L,UG&NO452S@/FO,SW]YW5SVLM\<N"-6L<P/
M.$WQ;["  \O?'A@P5>?YG@!R?R6&#CA,0W@N9UI"6K-]+JQ$AL%6]8#.<D$(
M/.\TY:F:[ 1MO37R@J @X7$YB].)T$ !_:*"J*B,@T?>=V9R='YN!535JP/P
MD!(K6 (+AC_QP@^>)8\0]MFAAH&K/<>W8X,+__DKA=$P;3R[AQ4PDAP\^,R=
M.74=FW^@O6Z%!,X(LLE-&A'0&!F#G?)*K@!OP"%B-0P=4K\L*_28N$ETT;^Z
M\\E^?QA9P242)PP.2XE63\5:X\5TKY0I%;.A;MD%;Z-_?^;ZCUJ*I(\?G'QV
M7W7Z1NVH_&";.^IG D$]ZPB(FD> T1;%<$@T)UQC6*0G^&A0KD;Y+&/'H/"Q
MI@/SC1:^*#UMQ^<?IZ)3%[,1C1/XDK];D'O,<YDQ&A!F<%+K4H*;AKZX^@^O
M5/T^?]H%5>(>!J][T(@XZ"O%Y8S_2D@V> ;I$8,8C*[3H>6)UN4S7UK1'MN3
MY,/Q\^FEEUJ>"217/!R1<IQ5J_,-XWO_ .50=0T'"WY3%OLN],Y]TS^V&7-@
MZQ1'(-9B7B5=0:\W,YQP])F8(L?V8;*RNIL/OE-I^&_B(<_EC =PN/8AD8G]
M6<VP'>H;2T21UHE2(/R")#>733+9:ABX_D#=%E97^%%#(<J;L5XU*0@A1&@*
M:+39E#9F7Z"$_2' _Z/%N)DDJMK!%>:,AE(&M[&L[+)!KQ.A$%P<GZ7B;AL(
MI#!HW/S Z-HC$$%.$WV\=PPB2&I6ZQC$V:K"]71XF2KAZB_GG;EJ[4,*'J:S
M%FK!-V!06!!G&09\))#\ON2ZS\1<=ZY4]RXEG[H0-)DK?@9SX$&<Z42 U1]Z
M@7YL'YTG/>?KEK/<25%4"=VY&!G-KV'YTJAFR<4J.<<&8<8'L4[:PI; 1H4'
M^8LU_'P;,OH!O,&&-0ON&>'&)M2V]8?/ZH1X,ME&B4/^XKKOSX_NJT&UE*5T
MY^)1WT0I72[);8E<9:\>.A?#P9Y0[ET$"4)1QN/*6*@,VKV1P69/J)\+$=A9
M-[[&FPQL)^?CYN[YX7_$ OC%\=V6#]!UXA+N+JMZ.3LY:S1;VS]%MU9TR8A:
MU.Y LTM)PYPOJ%SOG LAW(IAQ:QJ[A:%3?PUJ+:8QR@D_@B!^BNQ1DR=CC'[
M&QV%\*Y'T#:*]L^7E_D4._&=Y=&SI,#CM2%1,F.=*,7:'K%"(W<"/'R0-B:Z
MBYL6Z>\X\[\1+)BK&D$*LN\ZMJ.:>HS/%[7U?RY$,F>=,R&8V=JT2CR5YMT%
M](RY??U_X8'PPJ*N2EHF7:!3ZV]3V=TL4UU1E2+.N3,O;-N=3'-?XE%DO =O
M$+;4S^*@6J80JI_#OGQ]+3^+W6HLN"LS7Q;;VX^-9<6^6?XAHTRGI.=W4$)'
MR:L<N!+,7V:(X,:SB7/RR[((! PU<C? W/2E-[D6N2I"*-0*MXC7R#?K\?^+
M(0BGI!L %A\,6G"@?7O'UEH-L<2L)=X2FU6 6SFME:]N.]UIK56%\TNJ[^\M
M=;VBBR<L6KV$$RCVL%=\Y<!N\*"56!504$(#U&D!T178QK(A+2P'Q*WO[5R$
MU&H($4_L&-YFXZK3$9(H-QB<N.3D#>Q>N*RD\$,DK<:J_:7M'!_9A&SY-#=@
MO<AS45S\AU4T=S FI?%Y<=]'J/G;\M3FCXCO<Z([O 1L8VK3% *PQ&VSN60V
M?ZYW[F3#RC+C@O*[K:80U!RW3P5.O7YPR20&X5N'7\$K,TY[+O0)-2DX0,X
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MSU3>>W1/&MUTC&@?G$>- >,3K)>$# D9NX.,SDGGM-62D%$3R#B60"&!8B=
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MJ7TO(9I>FO47^?C\O-8.3"0?5_$[Y#RSP0?XSN7*!00TM=D 0,@V/!\4*M0
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MT+?@EVL00U"0;U(_TFI7P4B9&$O!SP8=]U)"18\:Q!27(+Q'+!_)]8)EQJH
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MN<B5+,!)@_Y)C)D7QIH6O <YTW]<BDG-X!NO!',A'M_R-[<X5062-2L^O;H
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M2%PO)EC2]U^/8ASR<9Y.2P@X!:JPH1@7E@CX[&:;E0(M(382<@R;C2X,=\-
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MAB(U?-C1_/6W 3Y$B9(LB: $@CUUSL9Z@>C&KY]H-);\CAM=EX7XC8Q:?/:
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M! 8!J@8!-S,W= (_X^-34QM[[DR[>;B]K^@:GJ)*Z:27%$D"Z[52I=.RH-1
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MZ;\A]+QS;=M]@4_C(JS'*:7!>UC>XWV!2&+BB=QX,.D)Q^K38DZ7^)R//7C
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M%!$G+^*J$0;CSG ]CM7>^#X-\$RM>C!5_3 0!HS2@TX4XF0@!CTJ!!H"K>Y
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M]6]H-]O";GU+QUH^[DB>*G2+QK'T[-5+46_&]^QM:DNYTL-RI2NEGF6-09V
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M3F_J]"Y]W-3M#:B#7J]:Y,AO"7I-O<;KHQ@Y5;$#W4X3/5ZE@">]GD./5RW
M5433H<>;>KSHWBI'COQJ7V\T>YC458:<JJA]O:'K/71QE8*>]+IN,#PHJD(G
M5WK(543;#7?KNCJXN9]<+YB0";T<P4.IR:__)KY/@_B-&J-XI6[IE,<0Y2"_
M4Y!Z^>Q,'\LD:@SGU4J\TR*Z1!O6[QZT#Z*LOUY?8"NGIS'E76] *ZJI:Y]2
M?W(#8FMCZP<U+V<D8-UW%YKE/%,_F%$GP/SZ_J<$-LF&Z88CFVX4CK;<G"KS
M:% 13LEG&CN-5O>@_"S*R=&K7\/#1^<1EA)M+L@+ENR@S*!UP8T8E!6T+V?<
M07K++V)*7Q6XT2G]_KK<S8@W :J!X==ZFT,D?B?BTG6'OY=]REID>3A?^%TT
M_&6V4U'T.5]="T(^RT@FPJ9YO;STZCV=N[X5Q-M.GVUJ3N#O71>SS ]A0C/'
M@6$I]&\F[BDW^R.'CX83?6.HV.$$WTXW%CL<$7S?M]QW0 J^29?8@N]R%WTU
MK^ +/@5C3S"Q@J]+%ZP&!%]4*QAXHN](%CN<Z!LJ!2^M8.#)K0,<P=,SP=&1
M>CGDQK+@U7B1F]JI)MJ"RZU&!4N&8*,AM]X3?4'W1##W!%\++?>ET'+?-"_W
M?>1$,/!$ZV2YUU9N@U8O5U2PCI*;V%K%WN^I06<CZFEMO2'U1%M-/5_I7&R"
M+$$K?)+YW+E,7'RIE23G=WX*#:?G=Q*+43N+KDKB0!0]UWP%M9"Y-C2/^G-J
M!-8SM06[7U=2@ZE6>Q^^W'LI^2-<Q9B'F2QYB)7;=?6H)CH_\4<H]U:>8%4@
MVN<2G? 0/#W!VT>"%=5,['!SJ3-M<F>+I,_@"];S@N<G=QI5='V Y4AMP^7>
MY":"F6>(7EV;O A>WGQH5;3LK'G"LK//H>>'! 8,7"V84NW6G<V)L_@O,IO_
M_)=!2^__[&L!^:'Y4^)9SD0C$X]2=ORJH?EIX9TVI;:IC1;:IW?W-]J]8URQ
M&_/8<$_PTP^^X;DOVHUAN"$\B'CL/CW##DU6R.=KR:-:S9_OEX>[M'E<W@??
M,%S;)@'UB-W02*"-V26&S_P2P^2G^L^:ZVR=O^$ZO,24!)MN7B^T^B-B$P=
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M\=Y(\?BY%:%I[0=4QWM:"ZM8LXI]J&*?$O%(<6;%K10<UC*L7<O0&\ANT>Y
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M6" )H@7@5254&TP+T#M0:KR!--$K0_.1!5/_^WFB)0;SE#("AX$]:Q<Y@<(
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M6-2S:%$OGF9I1J. 1Z.S%<FKV@K8Q%9 ^#=M_1LF58#NX.( =  =0 ?0 70
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M=PT9PJ\<GXO!F<S0DY.<R:YJIHN$!3PCXN[\@6;\@9'PJ;[IF$0L0SV3->*
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M:48F<28/BJ,A>9 GR&4\CN2727;/B/A<@(S)PX5D-F>4?TJ^\>R>4%($<(E
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M5#AD//;J<3/%:L&9XY'7FC7(6E6L[>:*KK?[8.P1:7JZCH>5<R?0_\I8M ^
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M+]RQ.:OR%Q?Q>,P2?TWZ CD+@S&*G 4@AYS%1G&ZZ#!I$=[,H+X]^Y@O>E#
M=IVP7= 30*YFR'4MG"^0*=DBLV!Z XKS-&49ND_8A4X3<PJ8LZU!G $I!:#-
M'K29P1#=XH>P(=@0$ ?$.84XX[VVZU&];?)85O\0AC1CB7B<_V4!"=@PPUD<
ME@#5Q(0%5AGL@9P!&0O/0^L)BP!G!OW%S@U8$:P(3 &0,PQR9=F"$:X;J0MW
MC,ZJU,5-=L\20I=*+5S/5LP>M'CLD_P+9VD<\N#%)[,G-QO+Z[(;>PP LB&
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MTX":<5!SS$\[W4R_"&;11]\&]V)(8(N)S'BD&1#7 F7FH\P,NN066X+MP':
M-"#-:J09[Z5=73#W;=E"_V^:)#3*4,=N$OI,C,:15S8?:@:$XUW S'R8F<'T
M4,4.XX'Q@ X :GI#K1PE,-Y/(R0W/"0OELHG])$.0X:XW" ((B['1(RX'#"S
M%69F\+V> WPOG4XJN,V1]^/JV"W="B8+D\7L *B9##479@<4G1>7^_!4;D[B
M.R%;E,8A#VC& O+EZAUJT,WU-H9$UYC7C$>: <$U4&8^RLQ@3VZ1)]@.; =(
M ]*L1IKQ7AH+WH8O>'^A"9=KW83/NZRS*./9(XGB#!W6C<*DB3$ZDL_F0\V
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MNM$TM^Y&XV[8?4'3^WP!VI<OY"KT PVQE]LF-V=(^.UUL;75'M A  ?<0.4
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M@F 1Q$ESU"%6!.H.EH?7GC)YB!,!//V!9YN:;)/'&-BU6UM&B#]ELOO5XEW
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M];K"39:(8W6U!.9!)?,@0<"!-D_1S</V)1,8"A@*-'()*$I9TI)3Q]&\*/*
M%5'%BDB0C?30H2%XN('>+15-@^P!ALIHD\4RH'<+-J+JY1&CB>411?,05#14
M,B82Y"*8OB5ZQ(&5$57-@P2Q!O(1P:T#%D9@)T2W$TA()$Y(L(,D8O+L/:=O
M+<]1[/EE,0<P0,"L!TF/X&'--.FQW1<:A/&1K'45&,Q/'+1487Z05<'\P/S
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M(MKB7I43I7B];.E UGW"TH,([CP/+Y052CC.:@-\B]T/6RCA.)@+\ 5\ 5_
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MS^SUE(*9)63I13\RFK6?<@9E2>]615668L\ZPD$@T)6T*9*PFE)8-M71:S^
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MA#GQ%T]U QTBZN!-$AN'!A&%,">^C6NW,4A(';Q)8N-T](?4!Z&UJ<2XGMM
M-49ZO,I8C=&!.%40)XD/QUY[=1 G?I9B8**S.G"3P\"][Z 0HP[FQ#=Q9A-P
M4P9N2I@XE&%4HD>I,LRY-QI1?["E"@,C*C%&92R]H U&&<1)XK91>E$'<>+G
M)3KF'*H#-Q@X( X&;J.VC,4S=>"F@(&K=]EEH,ITE-,@H"%&HZB%SC<*%!B-
M KQABRWPI@C>,#X 6(-M ]Y4Q!ML&[ &V[8G1?4N2:A&CV*=((Y#0NJSU_F;
M6II%'T.<G*,(4&5L!\&1]<H@3H7%!"!.*L2)OUJ*=A"%X 8#!\3!P&VT@V#F
MDSIP4\# H?:B$CU*U5YNPF?J:V2ET06F4V)L;BNWS%YU^N*-^(J3P'-L:^,O
M,U$(7Y[1=;AW93 Z\\E58+38\6B8/* .1IM5(;2P#*F%82SJP%-1$YH\8!(8
ME0JCZIE0O8--1^K@4U$;FCR)/%U=:E'W:"?4/8RFD1<TYK<JA#/W7D@<[?3R
M3K/=%QJ$(^J&M>\TF;UHZ(VW83_Z]1SXVQ3%\B:/#MVJ*:;@IN*?V<LJ!3-+
MS K,4:];^QH,E"6]8Q5568J=T(9$!KJ2-DD25E,*')Y9^^F94!.XE+U<2@^#
MC:$K<"EO]H$=Z<A3H"AP*OLM6;=ZF:N%F^^E>KT8](">4G>'=W,KJ\]O53U-
M=7"VZRYAZ4!$=YYY%,0+I1WSMH#B I> 2Z(=DVZ XL(:;<K",.;G ,&PPT Q
M4 P[# 0K@^ ZV>&:=$+&/WZ?DO7H.=96/OU^?ZU=2=X4V8OYM1>Y!Y45!XQ#
MU*]&RPNBD1_2E9W('(HT!5&YB=3L- *KU='(#X?(3F0.K@=8!5;WGIMS %(/
M#?2!4^ 4-A58E1^KL*G J0PX5=*FUJ1HLHTM\<EP@>8],;+<N$>0A-32_KBZ
MP.EPZI1 <3H<\(931H W9?&&$Y2 -=@VX$U%O,&V 6NP;86D\JH)<Z#*@?7G
MGC_V?!)2G)_&=6]E&>HF()0/&%55ZEB[(BL>M3]-IL:05G12(R!=8TBK-QRW
MU^T T/4%M)HV^KW>PMBE&J,:9AJ 5@K0]333-6Y;F4X]CS;X8.KYI@7 @+04
MI211!Z2AZ@1%$<JKBJHHJ&5!4:I6E%K/ID7J!36!/T'=#;H"EP*7 C6!2Q')
MI:S4"#^$A-&Y^,FR7Z+//W^8!(TA(>.3N\$SM28.O7GZYOJ4D?<WM3Y[07#C
MK@S1N8_N<<^8<N9X@S]__3]-^WG^_=^I8]U[UR2<^';X>D<'T;\V(VC 7HU]
MXY8^_?+N].[AYO+A$QV8^H/1U+L/%V[(KGZ(2.KIK7:O_3"MZ#TL'WKZPPX>
M9D]Y6'2&?:*/X?(AUW3T2/W%57\0WX[>]"K:G,AN$S^%77;V>NZ0(+"?F BC
MGK*;I^GSUQZQ]<NO7WU[1/S7,^I2]FV;?9P^\YUFT0'[DQ/\\J[1>:?9UB_O
MKCX]Z!V]]4Z;N/:4[F]WG][]VNM/9==<,GT7TPKAK%#<:1?-G=/!8#*:.-%^
MQ@C0 V_H1I#^W7,LVQW^1FRWMLCL;/+>Z.S+^K>Y6I%PA&)P5W &1W:]MNCO
M;0KG8*E$[*Q(*D)QME\=9R^)[?]!G FM*ZR-YB;S^_K>1F?!O6)Y+12_]-SX
M-7JT-ZX\GT+:?J$WX3/U[Y^)>T]'$9+\UZO1F'T[0MK-$Z)DP]AB,_)@:&62
M$8J[9I'<G6O)Z0NQG>AM+SW_CCATQ;B//)8N,W-^[@5A2D;N)HI+K%HML[>I
MNGN^U+Z$++W4;S[S2<L4.8K(SNB3Y]-[\B,W$KGLJ*^G('"_ESV8],@YYT\Z
MEYSH3<XN'_RV>]*>&U%<0M!J&>;^5"V,V>8EA9NSW21Q871W =%\WK0$&[/#
MC;+W?[CV7/IZ3?P_*>= =_.$"X#U;E]&PY0S7TPN-E7&CN7-*2XJ%=_JY<T"
M+B),I435F<J\^; K=I/=LGZE_IB&$^)$R<FI:UW\-5E+KM[B"Q?^I7"D4IC8
M0QG$!8^*Q8X%LHX+/J4VOX=R@X]:);?#AS)D6^E8=I,\+SE\N[MGJ TF_BMC
MS&_>"_7=Z)J-FM'RR_>O8[IV@TO[![5F)84]>,G'RJ;>5<B25\37%A=KFRFT
M5F+S7Q6_N8A=EFJ%8'SDPWZSU9;8WU3%1Q73AB4O[T*F+ 'CY%?/L>-.K+O)
MHV6_V$$T(JHPIO*]/#.CJIJOJHB_7,IBI*F;J>"T*F(\7VTW5'%?%7&42YIZ
M[11AK<!NK")^JIQSL6=1>^@NHX(H+RV,DWS&I:(/*Y6G[=JM;%3#9G661:KA
M'Y]<I5!]87U2N3Q4.;':KV$L/UYR^91NFFD"3UF<4=E\Y?.H%"44!;Q2V?SF
MTJ=>FI!*8/=4-B.YK$DWNBJD367SD>_*6IA5V7U5M(!W2P/;8K^PB7/-'C D
M0WI&!G]2ZW1(W<%K86SE4B>SD\:PBNZN*F1MA\N@ZM.M4!7+N6PJEQ7":GL=
MJN(EEUF9G12!K'!^JTI6JIA@)?+SB^<6S%*^5ZXV;JMXYM:XSZY"KG,IE\K.
MJWAV<HE7FCJ,7.ZK>&:JO%9U[HU&U!]P7"T^J>UPV5<G38^5Z%ZL>@9W:[N*
M52'/U5O2JI"97!:6QD((Y\4$8*B*N=B2K4ZD0/Y4;Z+"[,WRE,G".,HO>?'S
M)I3P8E4PETO%ZN/ JF"W.MNDJN4CO^J5QB8([+>J8*:*R5>4S\9O>1H$-)QZ
M_\(8N&5Z@6K5PK)XV:M=1E4J=]7)G4IEVY;)"C+OL"J5=UQ"U)!PW$W^;.%G
M<1EM.=.:_'G##_%J*K9 E#_/))[^50 W^ $,1II]AQ5:[/QY(<J\L;C'?/'6
M7R*>L'3'=H?WWZGS0J\9GY[7[=H9"6P!&,BOHG13+)UF)#L34V=W_A\E_OUW
M[_[9]R;#YTLF2@'9VN?[U_0T&_XR4WXH9^_L'[/[WU-71,9N&:R0HL$B*]V'
ML/7T*:1^+#LQ.;IE%U#G4*@FTYR)F_^UPV=O$MZQNSMT/J/V$W/J8L6^?2XE
MZ&97_/UH3F3G>H>YB/C+E"R\15:>;OO@R>;Y\8I+'O+WUMNGOA_LJ@1B(I]-
MZ.T4@R72$IRK2Q:(C5P:TDZ3A:0D-R\'+!#_N-1%3[7.LS^I^;I;@3C(Y2[=
M=N98\&UZ4[!1G R9A1Z'50O6R=GK)!">L;9[X]((EE]H>$Y\_S6"ZLB;N*7%
M:XN_"G  0[>9M%*1!U<SB"FV'.Q^*QXLNG4 B<42VW8@24$,SBJ\Z(Y+SPGA
M+86WK6VM( 9G%1XDMB:Q0T[)3,/=C/YL:Z  T<6B2VJZRYO#A1Z(*K<8^!D4
M.9^D*F;I1"PA<"ER:EU(5:39[Y;BE&C$$E:6$T /J@6EOFFUE2"QI)7E5-%#
M:DZI[KD6=-1;4/HA)Y"F8&Z>D5S-)99/=2)%,:VP(V7EE@-7<SCX[-ZDII=S
MGUIV&'5$,4U;G+A\Y5X0WV5R#.XCDNZ9$,X<;_#GFD0N;V^N'_Y#W.9,(/<W
M;YP>N*31?/?KOYSPHV6__&L8?HP^AM%SM"!\=>@O/SUZOD7]QB#:.C .Z,G\
MP\>?M,7U_OSB9VH/G\,3O75LM,?AZB46>UTG&!/WEY^,GS3?^S[]K/\T_^IW
MVPJ?3TRS-_UJ1%F#./;0/7'H4_CQA?KQ:./9[QZ],/1&'Y<OY_DG9PX9_/EQ
M9+N-C7LM7^.)L6S^P.ASXXF,;.?UY-X>L2SE"_VNW7HCXL;7-0+&_9/><72'
M^.?O4^(>/<>:OAY#331"C('P9.*R]V"FD7Z<OLL_IBB9/?K*U=ACG&B71?06
M'Z+;S5_I0VBM,&F-&;J>&R_FMSJ<%=OH>X.HA>1["9+7>^WI*\[HF%+5B*\Y
M"3S'MC;^,OO:*G<&--+W3/R9/[T K&SC6.PYM0N&&DMCBAJ;(<W4CY(X^2'T
M=VN<<9BZ'<!T$=5S&\NGUE6;FE=M:5\UV]7F%I;].FY2U4)/N[F_OY)>6_?B
MS+[JFX2D=F<-2*$WWH:BZ-=S"%6BY_/7+(FSD?=-@Z%V6B;FPQ2@316T=;)8
MK)+A!NNF#M[:%0<LZ3!;::BB-W=$SV=T:+M1^*$]$H>X RIQU+&3R#0T=8]+
ME_#TD850_L\TI+=ZQ]W,Q/N19F6A?O[40N@W^ADBH#RHRB&L 9P!YTTX9PJQ
M\B +]AF +H#^Y)RAR!A.^,CLU++L>#:.]N3YVF!:0'*\(-#L1=$^T/RU4E+X
MC/CM.">*"M3Z+$HOO"HCT +N1,>=PA$1D"<4\M*%+FOTYQ>@%!F>I)&H:3;S
MBKB:1=$SF/@^BZBT,?5MS](\5PN6+<2NQ_[@TQ?;FP3.ZRP HQ9B+5B>:M(F
M'=$6D%<%\AH(MP ] :&'4A%*1=!D2309P0MP)SKN$+L >2@5H524ME2$,A&L
MCBA6)[%!$H$6@%<442U$6H!>1:7Q)LI$.UAS2ZW)X.TZT4H$LRP9(8:!/@N7
M.2&$ >Y$( H1#)"'6A%J15OH62\.!9YC:1;[R1U&"W"S"A)B*UB:2BS->^/?
M"*\ O4J@IZ>"'B(L@"\_HM!)5$2):'TA#$$-E%NX] D1#7 G E$(9X \%(Q0
M,-I"S[QI*)H"^<0^:2_Q!&04C6!MQ+ V[_5TJ3MB+& /N\\ /96A5^N:T85K
M87[DAH(>-JO5\B:/#MTZK-447/<+'FAV"+?$M"NF@6 *"@.%*6BDJ\)!(%0&
M*I/'V-B5X/5#?/K2XJ?9L4S+XZ;R.T JMW.I5O]^XZX?5Q^=CI5T=EA[V^%4
MNX[CXLXD-KC3N(JD8XUAIR_$=B)^7GK^'7'H\M+??':'6\J Q^[^&['=8'K+
MZ*JOOC>@U H..[QK%W^X@W\-H\UQZ+ 7S\R#8BCFSMAM-0^A-PMULP.%"B&/
M.[W6,#*2-WW+<A#<62.XDX9@[@18HZ5G);E$!!] ,7>*:J\E'(*SDV=P9X\:
M9GX(OAL\4VOBT)NG51Y$%Q9R5**AYW]48C]Q_2^WQ;)#U\HRG_TG:N4T'X+T
M=DX"FMY( (+Z>8EH=J=*2!KL<^"D89BK.5RY)S7-'WXX>^*?BSAN\BU;E)WX
MG*S17I1G73)0W2[OM0"BM[N'JDAV@YB7C=\+)EE/Z.7,Y0''XN5E, _6BWWA
MT=%S*((5;FIG;UD27].>^#F3^OX\!-: M276TAU&!:P!:P6=]5GO:%$W-I<.
M$#&FMS%5QHH[%VX6]<XGWQMI 7'8#:3-J*L^_B^[%1!E+;/=RDI[]BZ15F&+
MDD=&.TL$ 3 #S *"N:6G:N0"F %F4<&L'^DMQ-L)\;8<P796K4X5:XL>0<>K
MN)H_6Z'5AM$R->QT3MHJE/45VZ:V$L?2 G5 71'T]-(-X@;J@+K2M[0(%#R6
M/6$!H:+ H:(3M_S!?L)^EFT_WQOIYG("=\!=/K@S@3O@KGS<Z9U4N%,H8GQK
MP]V^FPQRVTZW.$IX_H$XJU\I9*>186SNTVA/>9G/SKHW2!* =0=L<3%W[$$K
MCW6C1_ODOW&Z0ZU3IH-D2&_IB*&4W>":A-%NFM?IESY1WWXAH?U"@RMWVA5^
M )P>9@0^<#<_>SUGM_7)(+Q_'=/3'W;PP%[RX<H-)NS2N^]D'%S'7>B+6]R%
M)*010\XF@>W2(+BCPWC2[?J7H_DF-V-&8LR3Z3U6A=%Z]^M7O?V_SO7/'P[A
M2I%L?1-JJ=BZ>>T3F3AAQ.!B^-MF_#7_UZ\->\M!;2=GU%X$(3-5[ [,HC@D
M".PGYI6C9]\\G4]&$R?^UL73$QV$IX/!]#?4BLW4N3<:^_29N@&[Y,H=>"-Z
M[]W2D+T!M>9&Z=+S+_Z:L#>Y<MG3P^E$ZKS\TMJ6.WX'[-RX5D7G@LG?XM]%
MSPY"WQZP3W<ABP-.7>L;>^. V7OVV@/*;O_%<Y\\_XG:<:CQR7ZQ+>I:P8T_
M_Q@]Y(4XT>VCK_U.7N@U#>^H_V(/*,/DU/+GY;Z:JPQ>W7$;/!.?!N]^[9O-
M5K,S97'I5 K)WU0(7N-O?PM_35WO=HTJ^3N/3-@]!R1XOO&_$C^<_? ILBB,
M/&;S3D?>Q V9,C&KQ1XQM5^SU['T0L(ID]LQO!)('?2Z^4>97[ROLRG\RR\7
M$IZ;^B93=+V0(',;197S[0 P<6E-:0R+=)M%8]1G=[HG/S[;Y-%VXEWMWUSF
MJYF385\<V9/1+7VA[H0F#4E)!14N'>FV5UUFFG=Z@Y#I;XD3*9PU=:&Y4<&-
M>M%;;U.QY876P+O]6S$.<GMQ;@;+"N(2GK^-U:<,?2%#F!,P;\!^GH+RG/C^
M*W,$WXF_,87CD-?F!JFT>\8.AN_Q6KNIF<72*[%K;B1PH>).R.QZE3?P_@?Q
M[<CU7D6U+N9SXG>S<Z2 FWYB]MX&_:ZWVI5CS5.<"7'F^<37>)SYS=-R\L8W
MUU\9N_'5"W((0)=T]EFZ8QC_VYKL'/!ZZ[-/8AE?,I/\1S2]_9,=#!PO$OAM
M=)=XDGLZL3W8<:3VL$P%UO+O;W?W[)W8 UZ95OSF,6+<Z)J-?''Q/F>OBX^_
MVXQP?_#\^IE976?MIHMKKMSQ) SB"_2-6R[?AZL)7-H_J#7C(N/:QA>OR?_S
M_.@[P<U3-.SJ=!I!AJ]+/B^RV-A&K=YN-2.:Y[,[8-WB(CI]VUBJ-^55#_$:
MTHF7BTW[:@I7?$EPT:YNMOGI6:++(JZI1;'%5R_R< /BW$T>+9;C!LOB6;TU
MC@OQ>^V>VF(67R9<PB*?3"X]G\5B[M( 1@R#OG5;7$XW*[ZH)5KQY< EJ=+(
M(2+]W/.C,E-(;QX=>QC7)J%<W1:?MINF+)9S/[&*+P.N\*";6P;IBBN#6QK5
M^]D7B'/M^>&0#.D9&?Q)K=,A=0>O"JC9XOHU\I87O25A;LRLV9%)R=()6'1I
MM+F*B"+2^.*YT+B9C+FRB"E+*IY)Q,++@RN.2"./1;^2-QI1?\")9),'M58[
MKC;2D260R2QFX67"U48Z7>EDXD2M8_YTT2GBU3+:5TGK8KZF%2]?'M%EB6:R
MR%=L8? U$FF$L4AC5PBONV[QU9$NQ+DJ3E,J<7*%%FZ;C;S"%)OS7 %$[_$G
MT53-^QSUXM VD9V<[,C1SB&0Q]C-2KY&T!1PU5 @:[V;E7SO W^.EBB,S(]J
M?N^A:8@'H-TNY=ISZ>LU\?^D89%5#/TM/O+MQCU9R@9OL'$WS7S:)A7-7ZD_
MIE&;Z(Z0H0(4<;D7?SXI&,H[UMT,Y;(?4Y;"T?X,W4T]ERQTQ(M8WV@[B;S9
M="/&Y<2UWJ28/PRSVAK]MMW#;Q222/#,1!W]L[(=KWQ;U.6C](K1DR\O=Q/.
M;Y631FTRMY-$7YR^Y'3S8S3T.MKI_,?5Q2;V=FT7.7L]W]A!/7WK-8EL_?+K
M5Y\)PG\]HRYEW[;9Q[=DQ ?K?:5$5$[2*9O4N61%&JD+O@*; @CY+OF)A2\N
MB3-ER6?R7/H%&&(P<-FM*4LN)NZ:<X'02JCIBX4K+L>7I=Q6$:SVJ/@"5MTN
MO\ZK,*R @:T8X.H]LH3'PC1N $7=+K_0+4L4G*W' #+O]OAB7[4R%[YNJE!9
MI<<5/(UJ5[X+$KX"DN+*GA5+*IUI_NP1-_#C:7H1,TCXQ![[$CUV@]>G@T$T
MAR_XXH4TB+_%A'MIN\0=L!>Z7=SA['7YF6N$6-F \M7SPR<F6V\V7%7T)$4(
MK&T9 R=3."DJV!1 !E<F!3)V(R/^WO+O,#U[ (PKO?8-F5(0D0"F !JX@JF(
M:,A%I'/PW-+QA!D $M!H/<=>'<$ RY&(%:X*VFJ*U_!5.E84$"Q7VA19L"6T
M9_7X*EVG*=Y*4O[5VYT<Z?,S,8RN>#OT\[??NSG"%W9T\:;R['Y]KMK1U9N'
M"G1E[G%Y2UO7U+(GHWOJCV)37Y@GW\U*OG-*YS8.[LD:0=FYFW9^:X;$M/^7
M^#ZI>&QPO,2R0OU; N#2.:Z11G+VY\@K+MF1CU=1:+D]["O(^NVYKKMZ8L)Z
MS"OFHER?2V8Z?",ZT) QJY4.#5LR(-5M@RJBV])1T>$JY@+)KKRLC66L7#MD
MAUO35),U;P3MO2:7OK7[ @>NN^G8LK.>7S#*0DA9;0:E[=DI?1;-@8-_>TTN
ML91NOZ5PW<SY2GA1;$X_\Z;7Y%-GF<8-"3IE%OMK8FQM.1-!O/IUL?-M@808
M"5M.9:@6">DB R%&U*&)N=>4=@M,'%^R&T968^4TR<J M'R'*0=$%#9_XH1,
M/6AO2UMBT?#ECD-%4WJ-:GHD;:&ZN!DIKMQR3NY4:(N7XL^;38N9O1<B>CI7
ME^$2.W%*#]4*<M.H"B9(KHHDZ2)""DF*P':NZ-41N':7P/:Y,[AET:1@]I!E
M6J6*=,OX&3E5*;5,!1$ 7XZ25 !QRBB84RI;F%S]1^1EGSQ$*0C?N6I++GR/
MV;"R;I"6P3$YTV=0ZS1<//>+QVXQ\'QK[;<K:\G+=]OC>Z5ZK>OX1' :L>.,
M!/9Z4>4B")ET0GKSM/C&%EZ_)4NNXL$%Z9MRV2_C99CTLZH*))E%DEPY8_]U
MM%5AK=M"SQU&79)1D6_Q/8BS#'%NFZ'!)]#;Y+,FP;@IYBMYC:HR$%Q^@A.J
M7F;P&Q?:'%96D9 BX($A+UGS#7YZL-E.&6'M-.B_4\>Z]^9=&LO%F-H9]X3L
M1E$;P963^CK7_?DF/-; M+&+ M IPSKPQZWP3;P;@HF%QEAW\MN$1'L/:#00
M?Y&&#GT:OS!L0+F"Y$I1+7-1BDHAK-I'>_6SY/QP"]Z2(]H3"D"[A<FW+G7;
M*==YN&@O,A^S*0#$6=B1WWPO@),N1:C;CDQMKQKW'=))D-XY92R#],J0'G_H
MD9XLNU@V2A6S2^ R5^!*5WE6+I-5,U@QN=+4P6FGS$&NHD+F2U9&AVO WAF2
M*KF(5+P%-;=4=/;O>E=[S:<$[O.]/)D6:"0OHI7 :+Y04ON*5PE<YYMK#B]/
MJ5M[*$$@7*' U)LI]T"K7"@H00+(ZDMC-5+P9"Z?$]]_C4=\CCT_9'<<17-
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M&F&ID:?EX-X+B<,"_^DI:8CTZ^8YBCUM45 ?D_YD3X1.4 !U%"#Y %$H !1
M=070\TTS!HJ?HGOQ8TS= *?HPCQ(V;X$;P<X \Z ,^ L&YQK7O!5K=-@3'T2
MM9$BC*R-H1+>_.@F_"E@*CY,4;0&3,6'J=%".%>7<.[*#:E/ VP"JH_]46XE
MH->%6P6LE8-UOPE8 ];JP3JQ<:'FT26HD80:V;I#Z6SU'W%^W3Q'+7N#FHB=
MH 'UU@#4FJ$!M=8 O8]$HRYE[-^([<Y.5M >Z9/G+XY;",D/=C/B6AK]:V*'
MK]%A9Y3XKNT.@V@"5C!Y#&S+)KZ-X!B&4<;>J_?=Y,E^\/6 M&R0[F/\*B"M
M%J1[^8Y?'<B[76D;>[[ZWHL=V!Z+XAZI2Y_L\-\:"^/6HCB$9W53?'6RT783
M30K M7JX?J]CB!6 K2"P,<.JSL5#U IAVY3,0ML]5%: :;4PW>T TH"T4I#N
MHUB8P)Z+173FQJ=MQB7"60"',&U-_P_(RVIB+]1)6=_K1TT#:\'0!>C"Q_=&
MQX F0!.@"7H/?9#[V@!04Q@U\8]OS2A-0YZ8.[#V(O/+9M:"+.60-G7+FSPZ
M=*M]-E<Y-:#1L M9G-<_BZV!',)(,1T=2W\Z3:Q&0\F@9$6>Q6<F-S)"Q:!B
M4+'#$K;$S<OE)6S9U%&ZW =DBDYFVE0O$ZG%3N& R]S79:X;[Z6I-_-(>L4L
M-I9$O)0'&@#'P#%P+#J.DU,2(%DT)".)0'1=,S*11*B;1-2H/Z%(4J4,K !>
M@!?@!7@!WE(2@<56 CUI\V>[U5SG6 %K5M-GE-.Q<_],&>6N%<U0MK0GVR7N
MP"8.>QP)Z8C1%FC!LS=Q+.V1:CXE5K0Y@7WA_TW<01A--?ENA\]:^$PABX-E
MP=@:KP8RSN\0133MS_5"]B3&<9^&7OP;]EDC@X$W8EQZM=WA])+C/27R(22/
M#EW\9-DO\\_C.:&.[=+&3%[&_V?O79L;QY%TX>_OKV#TSLY61Y3=HNZJ/CL1
M+I?=[3U5MK?LZHEYOW30(B1QBB(UO-BE^?4'"=Z5I"1*( E*F#A[VF5+)/)!
M(O%D(I$9X/%+]*'4Y]F#HN\DJ)K:RB4?HA_2$XUUH19%$&6^GZY_O_GT[?.-
M<G=W\.JI9^F(@MB7CW=7RMW]]:7R[O'JZ\W]LW+]\.7QZOX?1]PJ.RL KQ_N
M/]W</]U\4IZ>KYYOOE (GY2'6^7ZZNEWY?;SP]^?SAK(<5%RT)VET*^:=,/;
MGM.Z%2'U4FUY]'',B.M>FG9:@3HI.%_!>^JH^IAE_!(! 5#[U<L?O4,,\>/M
M8+QE-U!'W6/O<1V^?T0O/P:OT?YX_8-HCJL0ZGOIRB<R)<L7XB@]];W<7Z29
ME8++_47N+X?M+]TM^TM_G)<*447OD IB46SP-6U.W8Y:KJYKJ L'U:H14C-+
M@"4ULU[-+-<!2FJFU,RZ-//P%K#J9?_ ZE8#CN5(!QS*D4X*@FC7FKM09B:5
M0YDY]E*Q5\31/#BOT*:>\6IX!G$_5,AQJEZ617*7/WL^R%0)>7EN4@6W[7>$
M0BD<CG PM<4%J$1XN9#D0I(+22XDN9 :A*DTX3TX>%EIC/) 8C?=JYE 7^7'
MWJ-G52'L+0F[C3K$6+[XCANF)#ED2HQ7HDOBSD<@/A8N3YQR]2HZFP(=7E."
MCS7*$^E":IW4NMJUKB^U3FJ=6+9.,JW385IWUBMQ/6!742U-R;':8G=.S^RH
M_:T-XZ3:2;6K1NTDRY)JUX#:=27-.@^:]1 ?/Y,?*[C^Z"HKS9 <2UJ=VJW.
MN^ZH7.EAJ7=2[WCHG5JRY+74.ZEW7.S=]F9NDF:=#LVZ@]-MXGJ,7+UG?2WM
MF6)$OYW:%HR8Z(IG*RO'L*;&2C.E49)&J7:C-)*;H=2[!O1N7+*SJ=0[J7=<
M]&Z[O9,D[)1(&#M']+0?](OO@(G]+ \5<_);#[FT=!*VZ@CY1;1MW8-N"$JM
MEEHMLE:/>E*K3Y GGIB6JIVQI)7MZF,MA3FR?$SE56**A(*&VU.X5[UR[%<#
M*DF]\UU"V?W+.O=^M=Q 5C75,CBEK:E:I$3<Q(9;TX#D2I$K1:Z4D.ZI$[E4
MI*]]Q@N@=["_T]U4X),FU5(8485IC;LC=YI2EO9\]Q@>+4RKVS*D&DLUEFHL
MU5BJL>AJ+$MV9DIV&NQJNBS9>?J'DNU=LE+EI,I)E9,J=]HJ=]YI%*>5G?OH
M.].%!A?0[9FBO6J&"8U4+V:V<^%J)@E9%RNW**W0:5LA$0\XWJE#>4-%*EX3
MBM>=2,63BE>_X@T[0WDWZDS8UQ.E6))Y23LDH!U21S(-4:I=_6HWW-K&3*J=
M5+LJ).IU^7;/DYQ+6,[UJ*UU^\T*&HHL-<]WV%&B9&'2+HEGE]2!9&%2[6I7
MNTE':IW4NMJ-W7AKZ0Q)PDZ(A*6/'5,<2]$\9:89CO*JF3Z11D@:H=KC[Z..
M//>1>E>_W@UD'7:I=TT<=/=E0>QSH5WLO/&]LBH.@4DN)FV3,+9I)-N_2:VK
M7>L&6VLJ2*V36E=-OL568R=9V-FPL'>K*#CV,S R=V$[WH5'G&6:G+%N)M).
M23M5N[_8DPGY4N\:V!^ETDFEJUOINCW9DO=,2-F[1VW-F-7/4,]X2HCN*C/;
M4>APC%?-,UZ)XA+/,XG,!9/&J"'F)4\FI=XUH7?R9%+J7?UZU]_:<D9RK]/A
M7M>V:6H><313>>?9/P?UOJ:V#XUZ5YKCK:7YD>:G=O,CE4XJ7>UGC_*ZA]2Z
M!AB^*E/ SH9K69YCO/B>85NNXMF*Z[^XAFYHCD'DJ:*T0(V56Y(Q!JEW#>B=
MC*E*O6NBS(GD6^?!MZ[T5\V:$DFUI.D1P_2\Z\D=3ZI=[6IW(95.*IU02B=9
MUNFPK =O09RD19"T-2O9%?@(^5MGRZ122Z662BV56BJU $K=W9HZ<MZT4PK3
M"F%:TY7]GGC*%#J%KAS[U=")KKSS7:+_K+RL<SN&ROUF5:9[KMR9:D!*Q#UL
M>RE.N5+D2I$K)3S*[6V]IR"7BEPJ<JF$CM'A:0_=354_:?HMA1%5F-8X1G)/
M*F5ISW>/X2!Y0WW(I1I+-99J+-58JK$(:ESZ7"/.0.EORT 9]/CQK>A9E=RK
M@B#TS*1R!-?79X:E6=-L\/F#- .GG0/7LB4K54ZJG%0YJ7*GK7+GG7!Q6GF^
MCW%I1N!823UL19L[1)9F/ ?K(^+!ABJ;UDNMJU_K9(Z&U+H&#G$EV3H7LF58
M4V.EF4FKDDR'.$FZI"%J\B+[>'O5,JEW4N^JT3M9,TCJ71.UJE19IO%\N%<Z
MT&7:UCQH :>3%UDU2!J?^F,-W9%4.ZEV=:N=O!\NE4XLI9,DZY1(5EZ 2Y(M
M:8 $-D!2Z:322:632G<22O=.AK3.AVV%#7996UUM-C-,0_,(I5N:)<\/I>UI
MP/8,AO(@1RJ>> <Y4O&DXE6C>)WMQ?\EW3HANN4[TX7F$A;3\ARBN;ZSIH^V
MI]^E[9&VIW;;,QS(/4_J71-[WE@JGE2\^A6OV^M+LG4F9.LK<3W'F'I$#QB6
MHKUICNXJ+O$\4Z;(QZ9#EGX\J8*.ZM:[0%*KI5:W4:O'4JFE4I^:4JL3R47/
MKUSM20G3FMJ[VYJ2Y-6%D_O-2M:/+[TSG5_]^'=J?R)C>7*QR,6R5_QQ)$]<
MY&*1BV6OQ=)7M^\LLC>)%$9T85KC'\E=J92M/=]=IKU%9Z4:2S66:BS56*JQ
M"&J\XW@#T_?I2?4FN9G-R-2#/&#R8[K0K#E1',V#S& KB%-KEA[\0/[E&Z^:
M*?-59,Y<,S$K&;&2:E?_V;A4.JET=2O=P56&9+A1"B.",#+<**V[$-:]9<ZH
M5#FI<E+EI,J=MLJ=>3M@2 $UK"E<NR?*.YT$/_U,?R<C;N>Z@D7T0M]M+P@B
MU4ZJ736!7AGIE7HG7A62,V<MUT741+E07LC<L"RXN&+/E#71'+E^5_*6Y(GE
M :L]J=52JT]-JWNR/;74ZI/3:K73D53N("I'Z*\EB3LD^3-O">FV_V*2W#74
M$]N&_.5P(U(Q5F+:&[E8Y&*1BT4Z4G*QR,52GW^VC<CV-DFLN.EFP;_87!D>
M??=49M.=K# R-;#5FU36EB:65_!-A\>>4ZGH,OM+*K)49*G(4I'/7)'//#;]
ME4QM:\KZ/QJV!:%H*TB7M)=$>6?:KONSXMGLET5E-.T5<>BW,V4T/TC;<=H9
M12U;Y5+EI,I)E9,J=]HJ=]ZEXZ<GU<;H?I.&25LCNJTYY*1%\..0=^K[84?6
M+I:ZU\A]J)YL%RDUKXF,B3'?=$9)LX2E65?Z/WW78UTA(<[EA.$P(L-@9V*^
MSLI!E"HG54ZJG%2YTU:Y\^9G)R5,3#:[V\AF=\*/;$;/JN0B4%#PV; D+Y06
M4R2+*55.JIQ4.:ERIZURDA=*8807IC7W->XLCSA3>TDI^5K1IE/;AQBJ0Z;$
M>-5>3"*-_VD;?Q$/;F0M.ZEWC>B=/*B6:M>$N>OP+:'8)*VZ<@S-E,SP3(1I
M#<V]]AV'6'$N@*?](+(ZN+3UM=OZ_EAJG=2ZNK5N)+5.:EW]^9>=B:2U)\P$
M]TPA[?%:>]&CJA#UYE^^X:VAF0S1'*C)[L(E:M=_<0W=T!RC'%N4YJ8)<_.^
MT^W+?4XJ7MV*UQUVI=I)M:L];*B.)S)N* E6.PC6)P-NVEBZJ\P<>RF959LL
MC:K*^(%4.ZEV4NW.0^V&)\.JY%'FN?"KH-#,*PEN02MPUYE 'I^I>42'2\^V
MMX!JCPO-NO#(<F4[FK-6C.5*,YQEV5[)TBXU8)<NY&8HE:[VS5 JG52ZVI,D
M)/^2_*N%_.O=7#,L]^>(?-F6,C,LS9H:FDFYF>LY?E"A1O.4&:5=RJMF^H2U
M%)S9#M5@2R$_INQRL311@INHGCQIE%I7/QN3/>"DUM5_T#@XH7-&R<C.A9$]
M0,"+U?IS"!W1OZ',7X:@2<,CN.&1NYU4NMJ5;FOG4*ET4NDJH5A=55(L2;':
M1K$^D1EQ'$JLDFN504UE%[J0O7LA%ID97JE+]=+\-'(K4>YZ4NT:V/6V%SZ0
M>B?UKO9,"DFU3D:84Z):[W[;/%NDXS6LN6^X"Y;Q9<\4G;QXTO@(;GS>=665
M*:EW39SB2+63:B>YECCTY*2$.26N%9P<QIW RMN8<.2!'!?L Q]<VS3TC;^$
M4W9R-ND(^46T83(X)I7ZY)1:YI))K3Y!K=YZ95CRS9,1YI3XYK/M:::B97O8
MHLZU!]LVSU[E+6SX=;2JI16L 2DA[>7[X7 DB8!<+'*Q[,:J/Y!+12X5N53V
M.6WH;V_A(YFX%$9X85K3W0(N'T\U=Q$D7^IPT\5WB?ZS\K).PMB*-O6,5\,K
M67%/[F*YMEFW_1>3Y!KG7AJK*8$&>V)M9'^I?2?;%RT1MS)9W5<N%[E<2I3/
MV]KU0:X7N5[D>LF<PQU^9'$IW20I3./"M,9-JG!?HE+,'=NW]%"N_[AE_VOU
MAI6UJHD-+K$!'02+V!&\O5 Y5/TKW&>D\DOEE\HOE5\JOU3^O<]AU$W_(DZ[
M4;?EW0SZG>P"JD!7@G<<BQ?[UUL@[XMMZOGY.0M"!;=T8KE$3]7T=#W-(T'"
MCKNP?5-77@@4FX)Z"/"%?_K6U(-*"&^&MU"\Q=:RGG(F]I@)"BH+#+"B]KD3
M =54+=NC+X(D?N+9[#?T9T6;3NTE!6D-9R'L(Y=[SL<OGD87?OPOW7B-?EY%
M<IJ&12["V>H&</P2?2CO\WA&EIHSIY!2L_(!OA_^,Y@8]IOT*X[V^]1.'N3A
M2\&&?4CF].GZ]YM/WS[?*'=W&+!5.='ZS,H))-R7CW=7RMW]]:7R[O'JZ\W]
MLW+]\.7QZOX?.<?7)645;!KO'YYOGI3G!RK@_:>;^Z>;3\KMW?W5_?7=U6?E
MZ?GJ^>8+%?^II-ALOTL)K?9$FV'U4KF.C?=M;#.>8IMQI,3UJ72^?-?4E&MT
MPS&LF>TL-;;A!#6E;0_,G*(;[M2T7=^AS[;@(Z8)G6ZGIJ^STCWYAG3ED)46
MU/9AIM/1Z6=(L)7!OWV+'2JO'/HD8V729R,<#Q0S$&M.+.*PH=*WD947C 0,
M^3?+@'^Q"61M>J^6Q*&;F;+07@G=@HF5VJUM1[&7AD>_<*G<>8I!MVI_/B<N
MZXJRT#QXHKMS>]^QKU,%8SO+7[7EZM?_&'?5T:^NLM]>!=_.[%<YFU(I=9PT
MJHS/;*.-\@P4FZ].S)3 7%M3C-)1#^:LN^]@5B-EZ'9^?:0+B3YN0TNZZJ]X
MDSE.#- YPV7%(,+U0W_E0+,?+S,OS#Y0FI=-"WFOO"V,Z2):TVD[H2RH@66?
MIM^D[]?F\(^DX1#]KDN<5V,*O[9]CVIY\/3D]5"=XGVZ1Y$V=TBX$@S7]>DJ
M>5ESG@B8APWP^0(.<!@>;]N7[H[YGKUC9;M> *<)'9U@8NGT$2<73_8-^D?C
ME>X&K\RX>0Z=YCS"VS+;4NEDLLWAY9]DZL$%#- =5UL2Q33^Y=/9\-:*8[C?
M@\5#=X!@VPV6DTOA=J>.\1)NJ-'6JT8/.FB#N%2NV/[&5\Q/9$J6+U1U>NI[
MH:UHMZ/B?.NCGOB^ O.2: ==HP:C!73*L.$1&^O \,>DD"43@IZS'PB5\%4S
MF:6F?,I=V(YW08W0,KT!*.!=TP4"G&NF+*@UH+N'PW2;_H4R-*;<*VU%G/?*
MTK;(FNXCSG?BL8TH6%5+WS+8QO->^7;Y=$DM&K&FZV @\3[R8K,NPG0@F2V.
M+Q[L32N?/M<%$TQ^ #!@@%DD80GL5UD0DZUV6/GV6V2/X?:6]H."1*TW[)>1
M4::;JX9=C>-T &=:'/6\?D[JSG$#I!\UZ8IH][[SR6<S">;HO7+/'"S09-^9
M+C3F,3CV,F_!\YX>M5O1]"2$+U)M.\6T.5N:P>6HP_>)G?]4GHAE4(-PSQPI
MW2?<=Z*<?C_'0<]\SS?J\5'P^3Z:O!JV[X+Q)8F.4F:--909UH7& J:!WTP=
M4(/Z_'P'=*D <^/[S$0[09\Z_\EY=I ^@0:DYRP-;&P2V)^(:2PIE_.*#<,F
M"0P##R^:R2(L[H(0[UB+*5X8KDO9;!(V>J3$=YI[$Z%5L;=GOGK'?9E4ZBY-
M-<Z6"]Q=1J#2M)(2K+0['-(L6%5 2RGM7A)O8>O'+I@\39HT$,4--F W%<MT
MR-347->8&8%S23=K:IK61'/<E"7)CS!2[Y,:&(@+1X[HU'>82JP<XM+_,M/%
M>XM_7AANY$M08J\$/0VC\&WZS4 T@HM+FJ$K;PL2Q%2C8!.0:'QH>M38 L^!
M,O2+](LBI@]C3,?M0C//O'#/(9KK.VOZ:GOZ/17$@V*L>UOY>')BT6>F_<9"
M" XH-$3< Q5/6<LGB*9I#G5[OJT@7*"\2PWRZNE;.J((/'5XT9F\3PL"8Z+O
M9YA?/,'XE?2OE'?/]LJ8*B-U_'/J6<'&G<Q>,G-\YP2*V<YF9 I[9FK0#_'-
M-?(#ADH?!&J2&B"$$U,7W-)P6GKYB7R?.@S)/.X]ERF.URX=L&'K.=&XX^PQ
M3%9B+*9L9MV0WU%?FSKLK!$I'?K48P*QLB,.>>7,/RT_<)F#.7M/5=LE$" V
M#>W%,,-(,UO:L/Q(UHP%1OU][JQ&T6,T.4[NK+&5KIEFA'>DO^3HS0*?[-:Y
M5=R"6,K,=UB90CC=\UTW-*8N'2Z;?(@"IT[I0KK%U@75$;+Q9\>V; AIAJ%\
MA\PXZX0#^T\4%G65+AM([\CH*-ZVVDZ2>Y?*)P-N\+(0%[@/3RGNTW*R',91
M1 \2!WL'[T$.Q8YDQS[LH_]"3468)T&4WWS-H;:$$.7W@"I1Z\#<;ATV&B K
M['0*V)M&35&@NF"(_J*JXSB^%"[S[.Y)U^^Q"UB(N"!W5<'E1ENM*IQ7)U8\
MOB_0.#\OLR@X!X15WE')U(+E?U+6IO,PY=FA-,HR_&6LS<IG8\D2CSB'1ZD^
M<];@S.K08S[!K')[%8:)Q.*^3RS3A#[CVG96O(,7NS>V'=O:R9'2/C^(T1NC
ME(2PC^"S]D.Y G?QO0(U;2C<?VBF'\0HKDSJU,%.TW(:C--8P".SJ=_V;SAL
MB*" 0^3 <V::F'*>@P@6!$"IB\V")C/?\YV@_2*X3=2')M8T"':0UR 0"$<7
M24PQ.NCG; W""%]N*#*(NL$)D^]8U'G[M(>@%"4*"&0:T+F!$Q*671"\1#=F
M] &!G"_$>P.Q"EX>)%K2U[Q$(:""]_DNBS99&D.5#9?EF!I1@"J&'L*O\.L@
M;R(<#U\T8^D A7BJJ<UQZ)PZ+@FB<^&X0*9TG#4>NFUM ]AP$]UCP>6PXFP4
MJF6!DT!YXG@NTSR B$$+_OEE:I5JT2H-Q^W"W0G#741#U_TIR57RT)B&!]#T
ME9SW$V5I.Y"M\YV8<!:J6>S4\XV:\C"[E[6(K^(8H6'CPG)"=<*V-"JL]JH9
M)MQG"?.5J$E@=V;(/$@6)&RKHY.4CDAS3\S,R>[.32KG[0I1+8, (D1#%6.F
MN/YL!H$QT#CM!T,E7 &18@0##5>>[Q(XG^)L-2V"N[8=ZR.%ZXOS&HI6*^_\
M@*L9M?&QHK*T*0C;;M7/]Z%%BI*RMH3FZ8[ +-X:YM!F"9[T29#<3)_D&;-U
M>%^"FD+-]:+=U+5])]Q$L[KQ/B^5@@X^N5#!4D<)G @H_Z)>,0A'GP*A*JH^
M=*<(,B[8=@P:R!?.4)]C].(%385W_=7*=CQVR)K")-1KSNH"%<RQI>>LZB\$
MYHWSR W>HWQCMT/I)DZM*<N#X'R YL R,->YFIG:@GD'2NE2H>OT%6_^BC:'
M=I6!HN7K0=MWVFVG,/Q=X12&G-W=9$;8N4_VI$;H&(W*.Y@A3Z.R*LXM$%W@
M]E\J#]0PS<.#ZB#KX2ZYSW(5WP]JN:G UZ:/VU?QC1^^+^#.N@OOQW V")P3
MBX\R"+R/7;AG0K&,%9\%%:A[1Y?%HJV7[]X6-O4D^3X<]RT]CJ&]00 K3F2D
M3"W,8([7\A>X5!F$JUA8^^1V$VXGX(6[R:-)]#F%^3J^)-GRC0.2/SR-NJA!
MI(1R[?!JF8WVS?Q[M6$ IVT+F]K=%9M+\*)]QX@N62:W7^75R//,>F$1?LUP
MF--)6,9;HB&K</UG-"4HTN 0=Y7<ZX5P1^YZT58KQ_[!PH.\T?A+;]#A_,CH
M'!*FCG-J06]246K!^V@J6 0N.,/8FE4;SZ,F%SS?M106BZ":GBKXP!D%.F/L
M)N]SE',-NCJW7XECA6L/;OA68,H8$<]>*N8\)>P><E"=X4V#Y&)J-ASZ[>!>
M,+,Z2^V?MA, \*)9W^%"OZX;0?I40;0NLF%\QQK?Y^9L@-+7N(NVZJT$)0R6
M)]=..=LQSAL06#&^3PP,.)@VH>U/FPPEYSEO]^7U;VSQY16#45C!.A:0H:RH
M=:5WWJ=-3%@>)\@Y2)]:$X.%Y]LEFA(FF;#S<.*L-,=;!Y?CF*V<4_,YA]TM
M-+PQ%=X]RW'!,LX!0RB3DQDM^3$E!*IZP*4;G<Q8_HZWH-P/[OQ([XVW]\8Y
MUM@&7U!H!+<PNQ1/"HHI;CBT?^GV1G&**7/MNJ-AOOO$\EDRJSY>@GG7A3AO
M@YSQ;GM\D]N21N]+TF1FAFF Y?]L:Y9+%6S-"A.W.\@)4O'FU("1R3!:!1A%
MSB[;=K)_H4N(Q>)_,^T72B5N@[*([Y7/GZ\S]ZQ_N_W\U]0]ZTN%_D)Q-,/E
M?2+/>:$%Y;7HWFO[\V#SAVJ++$N#8K$DNN$O@VI>P=U,9I1>-8?5R5YJ7FBL
MHN*0?$<')5-X\T+P*7V'FLIY=".)44$VR<&- 9@YDUB<33[O(#BKE6 '/"J(
M^[LD,U]\7\@.9"/5<.NXT5&?GQ;5;/\_O_CNQ5S35A_BDM!Q1>B[I'[RPRP8
M:#C.!\M<?XJ+*#]34_K1M*??__;_*<K_B9YW%:75WMK.DV:2IWB7O[>MJ.@&
ML'+Z[:]D]M\_73W]^7#[)^6L/?5/((1_WEB>X:W_A&KW8[4_& _^U(GQYV=*
M]<W@3U<_#/?/\'U_9@;XA?'>G^!NG+'43/>_?[H8_J08^G__=/>)/GPX^$GQ
M+2-X[[>G3S_];=B;!'7U$T#V$2 C\;.C@:%,/M>8>,--\<:;PJ&Q[CEWX8GB
ME9L<*38FY6A32K6/Y"PER9X87#>LO.--N;OCWOYR7^=H[@/$!.XRI2N;$6V"
MIG13L,VA9N000(11!XLP0K:E2(!KS5U<63K\YR:I,7KE76L.HQ]_,)^H*='4
M@ME)";:7 $SDY8N1@N'.^CO+67F M)!TB8?&A.VB5=:=Q.+N.?C,W$;WNYZU
M'^Q&G\N:U#<D76]3NM0<Y@T4FXO@3XT)T,?&OY]K*X)Q9DU[LT-'Y*,WZ&(#
MCH?]T78<^PVBNBR&'9<7T!--3#)$&Y,.<8]>!QGQ4I)D,/AL6_-G2O4_D1>O
M>1XY0A1D,!IN"IL_Y VIJ/_]F#CFC<B":,5HU,6R) /-+JGIU/%A_N ^$#4<
M#1INQ"&ZO1%:76BXV,!]3ET+;4B6,2(3W6Z^E4L--JM9 @B!:$-7Q<2A2(!'
M)]R-6)&^1OG/&%&"U/ASQIEE=O9R:5L""(%V_NX8J=3F8+-+/<[8>-0,NH2N
MM97A-><&CA$3Z*DCM.,4##HCV%<"!4>)?J,Y%NQ-U$CX2Q]\0YU2(F-J-+;/
MC!%E4#N3P::,N\>_:;*C/S,3 D-QR()8KO%* LOXV7:!_#W,GH-""HW(C@C%
MA8IC->5DV0C;!)E8 JQ-1"=ZJIH3NMD<;T8<]NNPCN1-4!"X*7$0HU#[*B*Z
M>+Q%&QCU*P42#M&,/!:_:_1[1IRNEK;C036&:]MMS A-$!D9) YQ21ER(@!Y
M 3DQY,9ACT%L>TO*L.=\/T%#&? 94H\6 PL<%2D3>]PIUQ;J1X?YX+ 6ASHS
M>H_$>8*2N35"T4DCL<&CHN%0[2@BA442%/%$T23N[R'Q'L/?,L?L[^Z5[U$]
M805X&I(T3;=8768W+]:Y?>P[Q;P+6OPU).(P1\0=L@4#WBG70Z;982/"C<H+
MEQIUT7H413O'.=*%+ER!$[=5-]'GFE7,28YT=),9J:/)J+=%NASMS##EX%/-
M2$5M1YY%F72[/<H:AP7</A@QYRUQ6*&0JI!;8I42=X7:$JN4M"?&EEBEB/VF
MM\0JA<NC-/5NB55*E\=FZMT2JY0NC\[0+7$RGM#_5;HE5BE5'HU1^^/1>*(.
MQ_MOB1RB)IRE3'O,:@?%B89C?!S53-2D2KE5?'35CX\3!8R:5(H%/@$;E<A4
M*Q<U.3;OLE(@4/AHU$7'&-7F758J'CI;0\D ->5=5BHE.G"C7LS^DUAIWF6E
M<J-#N%*K^-B\RTI%0V=L*/.#1]YEI2+@;. NS@BK+.^R4M'P.1I:;[7F758J
M+#Y7&XYB<>O(NZQ2NFY.=G '32:O!,Q*)<E)!D:\]O $S$J'CEC(L!,YB_4D
M8%8J'2(AO6&C"9B5"HNX2+4)F)7*@OC%!&?.<DK K%0.1":&$S0G'!,P*Y4%
ML8HNOLS!(P&S4B%R+@QA!L$I ;-201 WJ"@!LTHA>C@P4GT"9J4"(2;04X=X
M.ZT\ ;-2&7'>2TAVQ$C K%1V1"@NJ$G),>@U96!6*BN.;8S&R.!SS<"L5!Q\
MU:C;12R]P@S,2H7#/".'QI?*P*3:F?8N6=^CM'2W7Q^^_/D_FM4)\P6>'VI)
MNU-[.#$8A4USQA[[^_1OOT'[$5B!Q'VP4E?\7<_Q@XBR=ZL9#M-F"M2M[1!C
M;MW\"%NH"8$"XC$7O7CGY"(FYJ#/]/?/9+FR'<U9W]%1&@X\)GA#.AX?Q?UF
MMN-FXGYB0+>-.7$2]'#P'N$LP[;NK&T[QT?6UXAN'7=1EZOP:U>>YQ@O/O3T
M(<\V.'@4<,<V3?J1.U;KS?4$GYX^XH2'3D^34!ZM %_CSHMW5L2A-H-UC4T1
M8KE'3E&!L!D0,];LY@=4=/0-=P&/>9A!.$,,:'*2PC=WIYV2Y)V+"+/_]C$%
M1OYS:LP;3LTKL7Q1# WFMR@T$PTX.R,K:/I(9^WFQPJJ! DB#KX7A^=E<^0;
M)U>!50O_*(94N'P/XNP;X]Z(=+@>D%VQI@J?SV$'>G/DJ0.K[-Z5BAO"QQF3
M3\SHPZSP)*LQ\3%W'66XZS$2;FAT^,40Q(_$(C-#D)T"T= !/C0J$*!0%UHP
M^P/$[RX&8W7;])>></CJK6,OTQ_+C1PUA@$B4!=J!U<SV"T-]MBC;X@A)V)#
M%^JPD^^N1P,_(@@QS A69;QE@"L'H,A84T&(&E% #.I"S:0GM"T(42-T.54,
M\DBT#$4T.4F(?,I0Q%ZAB!JGJ(A*BQV0J!$@1+;1]EM%/*)& 1&/OD 2'A&/
MJ$^0(<Z'RREK<V0\HD9Q<%(<"J_PBD?4*!5BM+CN!Z=X1(U"(3:K=M!<U1V/
MJ%%\3&,G6QW2&N,1-:* &.D%MC^UQ2-JE!O7U$K2)IL,1]0( 2)1%]TANO50
M432B1C%SSLQ[Z'2&5S!BD)%K4*5<.>6W1 E&U(<"+C8^F*27<=MB$34BAY,6
M92Q"N$E"Q).+HWLN$8D:)PJ1Z?PJQ8)%)&H$"-'MBF,1-8J&K\46->TX)!91
MHR"(%*LJDN3H8$2-\N"[*WA5<@I&U"@5(K2X$#*G8$2-0N&^-[C&<=W!B/K$
MQV7N+V(7I>%81(T@%'77:2 24:/4^+1\LFWJZPI$U(@ #D3B&R<5Q2%JE!+W
MZPF7^%YAB,>P[2-(?TN(2YDAH:Q=WR);?1D?N#I_YEIB_L@+Q8M="4O_9+P:
M.K%TP<3%/*F/3-6^$F5AT-:,_M_:3DQ,KJ"SLSB9^KA$/[Y/M5V,7(8%=R)%
MR73'9?MQF9N-<>=OLL052BQ\9HISG_'8-^TJ5%BAR@UJK']<?W/!-\V9Y6LJ
ML6'Y]'?A'VU+# 7&5?QQU/LX,7.7]+-]-:5;MT.*"R2) 4_."2[RFDH(56CF
MX6,/,]'1P $XW!.LC%2%<'R)VVH_.F05XLL*&IFF*SY.F,,-MN)TL+A%^V5F
M$G+J!8H!$V[55+BV]I!I'RP^$<=XI78)(KS1D4?P"/&XQ03?UD84^3@Q-_=I
MN,=.J&SLOV#RDYI\\-1KVX=]?J4YXF"$R&=>!GDIN6+W&38S%N&'7>S9%NX6
MP00?6:N9DJI;!(B%O-)?63M[$>7+.:M.BY<_]'VL0*IXH8#+?FM5FW("[<-6
M<[XF*EOM=A!;'2/.?IR8Q7ZXZ_J@;@^SH+Y3JHB8&-#DM*7:ZH47R[-Q)A/Q
M$6$E1ZQTG'-.LT6*?59)F"K1CE624Z&GGW<WYPA!]RB7^DA)B*UO;K]B((33
M'?<LH9HOU%8B=6==3:= ,<(H%Q#YKX251GH4ATIU._C@-B__K:1HNY'9J/N7
M5W6Q,4@PN\P)?>TM4TRZHE.+3(!;O'NJW4X.PTS=T=Q3%&0JXJ@OQ-2>[<R(
M/JZIM7%MT]!!B<1#!-=>QAU9#Y<QG8^X+4-&$##RF.H^HT^?4&XLGI,H3=7%
MW2XV2E-5(/@64-EDT!=\)9H)Z5.I%XD!5W'V96F!<FM]"UP$H8N;8/3'B+GO
M$"3ESO_3#\)AK:@5U,4M,KJ95(\2\N"L.,C)I*8XP$R@BBY=W#*CX+Y>G@0;
MM5\C?-QG&_(CJ<DP268S?K;W/+P1 QI\*7PXQ V2.(I];&)!;9<WNK@M!PZ7
MUY1>4*/0^'8S[N-1;WI!C<)CNHG89B7I!36*B$@D+G_-+;V@/K%P9X^+$0HQ
M-)5>4",,."J),UF%RR^H$1]\HHZKZ#2<7U C&OC<?+@UB"U4?D&-."'^B&_@
MBYI>4"-*.;>YMVR>8J07U @/8I.];:F+ J47U(@1(I\XCZ?F_((:A<?G[TF'
M[\KR"VJ4KRA\66MB07WRXDXSHB<6U(@-YJFXB:E0F04U8H,Y*DJZJ#.SH$;)
M$1_%EU0$R"RH$1 <N.R.\@IM")994"-"F'3B8W0Q4@MJ! 57,-_%HAK)+*@1
M$40L\R[5U)U94*/\F%NFRBT)DUA0(R Y5[X%2RRH#PS<_R93BT[0]((:\<FI
MG;[CQ%R\]((:X4($=K =K.K3"VH4'B>#=A&)K3>]H$;A<3_H],S7F5U0H] Y
M<<_\:F:BI!?4B T^0A\(G5U06TF&+N[(TT!>08WBXJ/U_M8[FM7G%=0H/&*;
MN!94)7D%]8F(>^R,JRM;4*-8>6US\ES'1A(+:L0!!R5SZ]B*E5A0(SZ(]@UQ
M/?.&$PMJ1 /?-.^V)[&@1IQP]B6^8"EJ9D&-,.%ZZ=T>)@^BY1;4"!"^.-1'
M+HB8R04U@I1SOSVOQE^=V04U2H\#GIF6 Y4D%]0G'NYDTT1R08WR8EZZU:40
M)\F@1HP09^WBDW2AD@QJQ 9?!-I>1+#B)(,:)<>E,//J3#>>95 C(CB V=\[
M:[S!+(,:$<($%"=*BY%E4",HN!9G9Q>=:B3-H$9(<)"SDU=,N.8\@QH!P"QS
MG"DH+42:07UXX Y!*J8@S:89U @&XJR9._J"IAG4B \^-]\LQBY\ED&-:.4<
MM&^V4*P]SZ!&\;>UM*DWOZ!&H?-*O=>=65"CN)AVXB0UH3(+:L0F)^2)0L*5
M91;D<_TKZB$YSII^C9G;#$Y73W\^W";0]*N$)H>%(F:^EP1\9:Y4'?9H2%E>
MY/#\9/WP9A&=?O71)/J<_N2F0L+1YKI-\GTK>%!3]N>7%T.CZKE#7MRS)Y(W
M)7"9X5<B][ZI127DQJ6+)BCN>;C<NT[ >,D7ZWC>Z<M7P_V>60C),5Z.)+L
M0Z02^1\[3\B202:O_6K,%QXSJJ9F+ O.5:M?!CB,B6_5EAE^)7)7L P0^^N.
MT+P>++= 10,!DGL60M3,1__%-*:!CT-^\S5'H^\BO]LF= EU=R&&C]JY)_P+
M>#>"'WXY[1E;A=]AU)0??KBNDHHVKM/$[]DQ9H9E^,L(JL_&TJ OWH58$8T]
M=;Q@"W@BSJLQA;,4!P)AH("[X,*AUXK@^H/^"J+3<9]/-OST5R-&?;6$6/\5
M=<9+\ZB,G..4G+B#4M0"+"WJ86,\2LS/]-.&>0@9*)85L=WH<NLQLJ8&NH?
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M]7'U+]&G.2KC!_<X :MD.SZE&6:XEIW>W04<!)W=F(6DQ#[WR<15S0?B3:=
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MXN-\ZTD77^04!X'MAO/;T[/#PO)KJ@F_V:_$L7(RO;BA-T%4>=)I,W@0*R%
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M\$\W_O:=Y?J.9DW)PXJZT2F_N7@^L%.0G 7L@+5IZ&.)B0Z ;Y+W Q"_TNK
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M<,?J7@>U##]4RD*HQ!$?A<L&(]2O+SURT6:?5X 3MVS."7"*K ?<@$"AOQU
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M- $ZBRR:ZP09@%4 /)CTA38C2[Z/"R9?FN8*>1=E2MB(5D"3+GD?UH66H>I
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MDFQFJ*Z2AG20\1E5^(^R5"$A=$5E,/REJQ#-L8C^7M')BE@Z<R>+TER5=W#
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M/8<.VPV::_$.S25X (%:>7 LP(IFQA& [/EP1:E)?!_'#LU@XMV@(NX[X^?
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M.6^5G!5K53:S5,S5X&NJI:QC91TKZUARZ_ACG&0/W@.X0'.#YG$"TF *U8+
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M8M7;CKTQK5+6C!$E[T!MP\$SV8P18;(?K<IDAS1"23R2;)3)XF[Z:"BYX9*
MVTO.FC$B;&9S,I1DY6%OS![9:<:(L((G0\EL'M3F\*:A&3I9$GVL^-GQ$LX,
MG1+$5T?ER*EEADZI6C>4R^N#VA6N)#)#)TNK[W^M0.V*\'0Q0Q_N%?1!;0A7
M8IBAD]?5E8R7) /,T,F+ ,IN.7JNEZ$3EKXZ,A)D=1DZ8></I2ZJG#%P-M!D
MX-I51T#.C!'#(*O4*458\M00PR!O^ZM-DRL3TC#(MFK[A[?4'ATJY]$P"$^
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MV00&K7PK9 TS$*#@)W(&O?NQ#)+*;BLFT@LP)@48$T79:KCTO;#^"(;+D]/
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MC X4-W898A .2$!QC5FTB>^THC@:4+;-  H.2 !48Q9MXAW"@')LAFL:#D@
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M^+4I Q=JS*(Z6UR2K17)T#W;+*0L*9"R*$AQ>0&$(66:#&4)#DB 5&,6K;P
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M1N\W'JKFM$ADI?FBD%Y!,KV \@T585_UTWO(O<2#)Z^HV0Y_MPCR1:H!+XG
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MG'V<!=*6Q50@+#D4"(N2=\2'ED!UB]EEUI6CRZQ+Z3++IS\(%(G,1J"N'(U
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MURE^2Q1MY6466+% E*?2*E)Z3=T(>SSU?9!(E1(RP*;9/\&@MLY7+CYI(#D
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M-EFR5J5#G;L,*7+3I9-E!'.DX>R%<?B#@V0*TK25'N61AW=N\-:Q@MP?6V2
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M(%OP;WBS?:#8WZ!T,0-&[-(5*%G^VR'?DJ]_^1!Y6[1S__7_ U!+ P04
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MN39C[7D8/B5:8Q55L0D)Y"!6>*N]=DX^V3W1MCJ<S=OQ%@40^+6G,K=IU";
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M9*XD-;6;7/47%1;I@FSR&$V=8,1F+V&$'.'LQ?$BU%,^PY0JK1<'S[!FXG.
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MCKV)YSK\V:UA7#<$ )E<KM@VS*K[246..K7MZ+_+K&)Q*T9'0*E(9O%4Z0[
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M.UD,MC?5_<5SGCS?2^80!N5W;2PNW5C*792@OV<QBU[UUX\-^D"<*,6Z'=B
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M"R&?H(X-]PPR":4H/AYX@O^@%*^.CW#E5>'7_5]B^3I-(1P6:0!0E*+>K\(
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MZ9 (PU5<=5SD.<#@AI,OH1.H7\2CUQA*W@.V2T^/:A\=97!XC@GQ%1D51R)
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MWJ$:#L[6[<D&-<S-%7 NK1:NL9IQNZ0Z[<90F)WB$$Z$!9T;@\.=8Q\%J6F
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M%Z)M3&=$N*W;.$YQ6AQ.OK*QE\XPM?!;J% U1Z4-E).2TQC1FEIX(,.$WU!
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MRKI3H?U%@]!>A K/?;S8^XP*\D1VWG4]I?9=E&NGHO,+Y3UX$18\XMBOI=0
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M#5O<]-/''WJ7[>HU:Q21H+1M5Z$EDW9<$IDP,:%IR1;I+FT-W(1I9-J0L4W
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M]<D1G-(@,ITT&"'"OM.<[;GPZEE:&N!3B<[E&[]\1,&>G)C]Y_\'4$L#!!0
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M/]P 3_^ZNAP]!?XL9UW2$)JQ[]?!OM[\%5;A\V<OG)'D*J2K,/PY"H&DT=3
M'F"<CD:\X,XX^)H7+LL_W)$D"]*F\J_YM48(83KY:;G(GD=T6:4LI2IH;D'7
M^40C+#!_3F=TBM#I0*ZIS1G[*>4>_-KL)%7_2&,\WZ)P]D#B.?QL@'+6<(UI
M-*4HS+$:4E?N=73S2^,L5\)SNF?X:64;O(^"26/2=3]D'M?E=$K&*:@BXX^C
MD$Z\),I],M@RZ?\7OY^.%B0V,S-:(L\\Y\PIL,K@YNE_B%(O^.+Y,76Z,[+9
M+S8/LUR$L^5F"/J7,R\ G_3^F9"T- ;/R#2"/2*C-F2\\.)T>4-26+YM,,H=
MBD82J5"\MKLKJ-9[Q?HY<&;(G'HPE +8#6-OG&;4X"LMOQ6$499"E  B.-2B
M7W]D 8@:LM\ER39YO;8'OX'OV&>IRS7Q<B_H--V,%9[>D7$64S"S,R_QFZZ#
M[1)IE9^K&:A,8ZM\-$.<3?ZM__Q/GVYB\?AY^> ]!81ZKDF^X!5>"P]$A?B;
MB!K]XRB>@'=?>:VZ:597/KN<=P[+ILR^TE4NISBBM"<[RQAU/(.,TGO%H]>*
M:>649IO<-F5YZ7[&)J;_RCSJXJ8K\X::'O.<GW=T2XUA:Z1"N/=G81ZW#M/O
M8?24D/@%9M!5N,CRB,]Y$>+$N8'AP6=3BG?$"_S_4#H@Y!RO_K$]T3;S"@*O
ME+CDML %3(CXV[M=\;1 >".^%Z&[!^\UIX/^6)CGE5\;\T/5/V4*D:GU3#1D
M0UKI_\.&>A72>3@FY@B6C&N4:C@.GF0!G0&; PPOH,^GL?^4%<<8;]\Q#+ )
M"69Y\39*?$?\\I'->0%]]/O];?84^.-BT0"?[IZN&=21HZOMYG=7X"2'^8J>
M+RO%0,8L&234FY% >>YF?!)Q!VY(=WF.E)S.HSB%C>$\2B!L4ME33E_HEV"W
M7AT?T[_"8?)#5 :[-\/<TD&FU(B,FFN%=<I,<:XZP\^6E6#(YBQ @TZ#C+-$
MF"F^F9LC_"$;T0I'(W3QF-.MEPY.1[VECJ<QLA5';XS@8><;=P3T8@QNWK-'
M7?1*D,Z8H57[RXWPEEOPU175]@D)D^UH0=.YI3J\:0Q5;_S<2YZ_!-%/"UB$
MG[&)R9@MH?T=0ZB,K=ZB(9O1NO&_3\=C./B@<^Z6[H<FS_7U/F(/S_>$3+/@
M&QRPCJ:7WOCY'-("Z6Z7>["KC$$[*!4_W0C[7U[L%\$3NG]0+;F$X(M!,2J/
M;P7%VOZ_B:C+NPE)_G5UR8P>6P);EXP:/.$[DF__<K9\H/A&TS.ZNEV^0L@&
MXC/TB80:=K"NK=/[)F?+Z[.KT_,H7HS",_+L!=/1%+!&6;)96S99W?<D?O''
M>59@GEMU.IU28 "X<,.:,[IC*)O(L736OH<DS[]<_?N.O) P(RN3 3R9#)S5
MR]<% 9.HC+R9=AF;4=&$#W=D!NEZ(#+ZG0O_Q:=[\L2\<ZSZG5I8F.[4:'H/
M\>=5OL$MB<'*I4HVFJZ]TS-"S:>S*/I1_&MY'<7DX=D+AU3'3XN<MXRJZ<-/
M$KR0:_KO9SJ,'TU&,=C.)+;C![9(>#-N?XVC)-F$JXLP]1W)LS\?(C<.M7F:
MFO%H(TKXT%6X3=IME/@@\DVB]]GR;1YX9%#-3%)3@R]LC_,FFS^1>#1]XWF>
M_O3B"94G["*-,_TD3J\.";5P)^4YSNGD7UDA#%C-J?=#/TEW/)*4SYQ>GM(=
M](7JHKDHAI&O6\*]L3'8!1"KN4MM=']>VG++%CC2B"[KO%KOJ_ \I&.\4+?Y
M*5_0UJE*JU_[D%SP/5QX_FHU;)5Y)@BUSDW1TTGY>*MLTZ*H%?X0/CVM<T:!
M%ML\^2*AHWPA7RE*]6Z348T(K,&]6ZCQ6=5X15,_A0T4@BXFX_%:WZB!019P
MW2UF MY:CO**/]H(Y4V4DN0A6G]WO=-M"# &3N-;=3"5@_"R$.O'$@4C6B'T
MEAJ>U&$C*:0FF*?ZS?"F(*Q_236VW-=S&_HY"B8D3B[_G5'[R @<U4^U"\V\
MV&I]USCHK3,9L[C>#&V7=(OR$7UG#<J+QR6NU8]5:.N6$'Z8?IKX\T^K9SYY
M@0*QG)X596\):(TQS$'DHS4EB?Y<[,,?)V3J94%JD$#&V ;)C: :Q@ZUJZ$;
M$YN/\W%.(!YADM+M<9N2^4PIBL?9$_FX9H%!8IFCKTFFBN&'>9SJ&QU[ZZOD
M-274O)B4WP5:FQD-JX_F'PZB\=;7 JA4BV(FR!Q@0L:_SZ*73Q/B4Z ' _@!
M%I7!Q\\'JS8U_X/^ZO$;F7E!?JBU/'WUUXMLX#V1X,\/WXK//#*>?.Q]'FXX
M8Y?(XJL76U.(06'U,4K>X1OR-L([C;<)I:I5#KO2LOI3>QI'<P7&K3X?R1!
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M49N_A]I0\S>@?;M;ONJ2I#K,8^^P><U( [2YB!A&XUHD,IS2 2A"RU4F&JN
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MS6A7?E!0]EM44*R=YRG][B^?%/.6KU,\-*4Z=7*Q,G@G9,Z?U<&CVA':UL-
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MFT G7!.("\5@]9N#\VZ'D</O]_>I5^03W4;@DHR]X#Y[FO@O/IQRJBT^:H/
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M]#(]&GP#^&37)I4VJC(M<_[T,\FQ?>AKA5\WZW7)P!2LL]P@HT'^4'/)J ;
M*JS $'/HU 1H;-ZUXDBC;>S6G/ML+Y?-@U^F6KUMNU[1B/A6U^*\IW),5#D6
M6I\8O3E-$P3S&HT+$-%$_DP+CAT@-,&O?=@LG$PG#)V["[GG@LV;:"5%OZ*3
MSQ?>,AG%UU%,;KTDO<B4+[M7'Y'RP'V%C2W)\JVN^ISZM7'5DT>]2B$C&]>F
MGT@E9\+@!L8<'R [#P?;$J29C4S$-PP5$IV<9N::<P Q+T!,E(MSO!%GM!'G
MHA3G/.]HEE*!AI!_)9E>M<<%B,ZCV;8$QY]63?F%JYM#AZ:3N5R<-ZOC;LY>
M;0]+.A0 09.O8UH\2GN1*HLPM 7MY#QQ>((DL^77LC^= Z2K\"8*O?$XI@LH
MW$63*=^#5'=\X,]>QC3$;?5-\0U#/]1.SDES530*JVE#)TMY2 H,3\V,:7'5
MWLM$K,+0R;6+\Z=>-4Z]^?.F'W23>?-F* "REW$(=@U/ Q9AZ"_;R7GB,*^.
M)^H+?SHE,0G'FQKP<I'<V/R:AI_FX,"9O8Q4B$ODC3 -0S/=3DY%A_5N-8Y4
M&,IA_H2+\1'@U%[&0XZ$M79&F5>>.'_^-4<U980G5,)>G'4\N>8# T?V,CAR
MI!,<T6=8.?]^I7SHRL5^6*0BQ.:.'7\P"N9X+T,A1]JA$"F3RNGBK(5#Y6;'
M&R^&6\]?B-L6"[DH(.DX&4UAC:$6^>6_LZT[_112N15'>>P/>PXW/@4JE=IE
M*8\#>#'TSZXG)OZ^I<L #(F)3H1O89<Y(T'T\RR*?A3_6H*=_O#LA5_H4G)+
MXC%=6^3WEFH/1L'TT>PRNB*0["*Z3'BOVESOX@NF-I]'\2("FV#T%/@S>?<*
MX3M &AI'7I>A;-V48<60R>-$!2T4/FQ/_Z\QH6R/#:VHHM$ #AJ?5U<(6DNJ
M A<PI-PX46B'!9MYO._,&_\@DPUE2KT'!&\")C0GC;J2X%N\<L082@*<:+##
M@[^R5U<M)1:_#,C0'-SIRD/@N:F -I=V7Q;3^GG< P3;7_T,(NU71%K\ME((
M+8@Z,)\%VHWUIZI!KW!B<9ZF- \P]*P2,717E\1@S#<":E$8YI)]-E/K*OP>
M4@,H\/]#)M 1^39*?"6'1W4((-SYEBMF*MM<U 38?HNI!C7^P_8Z$=1JA#6T
M?3=N_69Y0WX; 0:&CC0>&QILZ'K]Y'L0(9"N(-L/ A'.XR0<SK 7"";]&,)O
MFW.NRHF._CDFZV6*LEX]NN1P<KI9;4?A!5G "ONWGSY#C[4H2^[(+ M@T.5I
MECY'Q8-*!Y5U!J8@,1:<"^0A.XELP(7]5VB7%T2NY+(<_0S)A#I.MP&9S.A/
MR7D4!!"6\H*U%&4X-88"U,Z-,BT!\9W&&K@Q1$,LZ[2Y&NMS+WFF;+V.0K*\
M]N(?)-TL)A461W'%09O%A,BJ:QJ-"Q#1!$"4I,$Y2C' !%Q]"*QHLSGK]&_B
MSYY3NCR\4,;.2*4!Q+67YNO(+:%[XJ2Z9;*]/X%JF_L(@'=N%6O)B:WGQCF"
MX8S1LM*;.TW<?$$>U$C^BPK%3XODKW5JV$T&ZC&:KI^B2Q((T0\S:C\^_"3!
M"Z&+6/I<B%$P-UJG!5B)YB132>KL*>2*<1@./RW/-',>[>KTF"YQU95L?=9\
M^3HF9$(FQ58OLNKK#4;!8*P\%O"=K>NUD>,JQ+>AK <NO=4U<0^Q!RU]*IF9
MX22_16;UAZ):1Z^WKL:8P >[_JM&HW.!H 1>:P/8^]"M'($".>RK"<U#<D&-
M%@3R["EM8[I7YT3?%Y)3R&M7' 7R3.UN"@U:.NO+3#"GM/B!PFUN60_J79UF
M*M0YX]"HE/4C>QW08:IFT!.**+RIA!M%F+YE;79Y%[%];;;=$F6CS63J94%J
M2IW%%Q<K D>ASO87+'..9[Y/?O.])S_(+Z&*)MDX3<ZRA%JDB?QV2Y77X:P1
MCW.IQEVV>ZF!%H4B(K*:>T[O\)E&\3RO-SE;GJ\+="'GM#P$5+K81VD4P(KV
MMA]]F?%79#U^8(B[MZT'+F\2+:3Z[(4/9 Y%5_'R:K[P_!@6O_.83/P4XKX$
MVL1&LQ#BP%?AI1>'5 F2%2A(^J@&*91V+VO?!7ZV9MDH70BOHP;\:62;81@V
MHK8GGLNV;?LX\6PW>]-S*?3TP,W,.S*:P_M+&[=6-8>S&WJ*I920(O= LS9+
M_#(@0Y.:9%M^_%FIQ"0,4PN5=V4NT0D*\D;3KYD7>V%*1#>><IX&<NRF'K7G
M ''SDOBXFYTD6Q/)T)J&"/<#[O- DN4$-25S7LPQ)>%O 6JV,ED3?[WNJ5;%
M;[M-J9I1*6:9GOR/6I%__?EF+C'PX=F/)[=>G"Y7GXEB>:R8_Q(0YSS53L8Z
MCB[(0/TR5=X<Q3<^2FZW_/[ KF*VEP+!5&$1:ES5+@@TUV$'\K8;6A[LB05_
M(.P:KL>/7ROY&^^HM5X 33H6].S&5-KS1;GM ]B86>GW]IL"5^,]?I+&_E,&
MPVYE8R^K6=K2?I7#+U%\*J@V&,703)S$[ZKA\*'+HT4'_;@.41W]Z8FIT?:S
MQ0 ,&Y 3X9LK2F8W;7R(OOA3ZN^%JHTQ=88! &CB^KIL9SN]->"_6]TU%WC;
MXGJ5T0\1W17#=*G3VE5_, "#IJ185P0*>JS#! RNL1-M-A="K/!^A]?%2K*L
MH<M*0P$0Y^'&NNR7:K(."S#4LCC18W,)U&_6D#I*RQ0/GDY2NHQ56FN9>#$D
MB;I0QWJ=I+ V@#_$TR)*5PALU:W/!7,]$%H]]#BLUP;*:9O;0]M]G9KT'#YD
M=W(2@^EPS^%#@YV7V)U*M@V>,B0H/X2N,1K <>[XB%G-7K?J8\7@K5MMAW%8
MKTN2H2LJ7CP_@+#^ERB^]P)2"1L^)7E_*PDZ^0" $(V+HR0,?IA4&2T&K6U)
MM@Y[4*P)G$9QLD5@PZY2!ZJ<,?YARE$\[8^4%4!AQMCBU/N9:2Y[!0@(G$=Q
M"C(\CY(&,*NC %8T?INR:&KM&@S8& *Z+2FTP^H9/H&UD0$B-*=KR@*HH[8K
MI!A"MG9-\WJYZN;JNQZBZYWJH^_A./"2Q)_Z9*(X&W6& M3.74PM ?$UN 9N
M#*NO0\D[=$5YI#:T$VLRJ.%7@9=HG-X:2J _I\PP#(,U[W#Z.?2E>:361$C1
M'*/Q8VN(07\"K!"_[PWDV*&/RB-5]?89Z?N #XU?6D,P^CK]%OK^6_S'YA(\
M%7++KZGNS+.YX)!(?1 @'HW[J<1G]E&1-N)WH)3FCC!5N.N]&E#*8A @OCO>
MY#'W_%(;,8;\(;M*V?S^U;VH/3NT?,]KXR[^A^S;7DW _M7%WP@G7=ZJ7B,C
MRW('W;;*& _9S75%J#'X=J@TUV&XL.TR1\N=^=O3>F%T3X\?K&A=JX6]&ZK
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MYXYMS<)RN&P;QG&YJRC)M?DA# *-C:DA+3Z7N)B0A=1:YXX]DZ 2G_8"Q6\
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M%V49RW#R9<0"I/2'6)]DS*R;1:J<_(8PA00Q/+@LV$#F&Q\K6&[A%T!&WN]
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M]^XS+NS=9UQG>32#PTWM$GX^2C2%.9=@:=DSP.R2-70AO &Q(XB*K=V[&[G
M%.!5NXXJ+Z,FB\LH@W <>3^ MTNFT(59*)@"=D72[EV^7/A\=/E"("M8,C5E
MI;CA]\'@H$O6S(7\J:4*9\6[SMW-# Z\%LC8FMWL#U?LOZ-\0\:EV\-T?91T
M!:@[9 ^5*C)8(M7(*[9V[CYG<.#10-(4]/+\9(>OR\X >8<,I5)-K1F[B;V*
M_.[<W='@P./=D2!8M%FL+6#ID$54"EYFKLM 5G3KW(W0X "3M;,;Z&FZ+N[V
M !@[9.&4"C%8#(6 *TIV[@YG<& OL RVBB*'V/;_37]DPW$N?_<G:\(&=M@A
M$Z64(M_!HT!8$6?/":@OBXR-/LL>%X]CL\=B!LD41Y-[2F91,<O YT3"4;*J
MO?JY"&C )+!\N[!==/MR_IFD4QJ\/$?C$GZ9Y@.*%OK-9KT$^$!>4@I&XFW"
MCC"S8"E#K?3O.ETP;3;+-\:=2)M*^$KR72V4&H %Z"I-<AJ,<[Y:)%//WH\
M>.^+?@-M\2>L=;F@2&VSMVG@LRS".GF 9+"7\^4_FF5>T.X19.#V)"[,PM!
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M16N*:A3:LBD)+">/O9#[V.-!V:/KQ[M3VYKRS!TE$IGP#CF>TD"SO\QI]*.
M'V [$F2N9N,L@K@"9)0.VDH6Z.Z?;4X.VN>6[MY+6X8:T[N]%IH33_8& L'@
M_?=("8^G.I^/KT\._&?1;J$R0W-&)0<,<\"&OY"AZ?D[5X9P;^]<FSV^7NA
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M#T6GUR2/!\DOP9L^>^K?PKB]'P7%\I2PAX,"0]#A/4U?",WG]S$<X19Y]5[
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MW("A\9F+7>/D!0L$6S]&DZ?@39^I.KT!=N^VHE(U6GPU@(MA?;5$7(^G4YG
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M#H: QB"5R(COL>5!Z1D_[$6'7 89>0AR<I<&B3Q3GN!K&([W"!$->0F\^T)
M&([Z%AGC,:KD"QM1,7LB=/8US8E>.D9N&\#A/2! 0] 2EX<$%KZ3>2O"V;M=
M7J>G&4XI*5_*C7[$T721J$-C9U,W9P.^\'X3K2%1T8:GC1!#6A)[)+NP%[/R
M+0EI\#-1LFGC.Q@"&M>K1$9\VO"@8+C7ML@/>^?H49%G>9! (C<E1W:^A:%@
M/T]?",_3(C@HTH/X=X9Z/%G!<YAU@E$-[\9N T#@]DRU%V>H]-0E1(UA-[2C
MPPN/+OG- 7T--!\UBIH!&DSEE(7RUB7<#C0,S@@KM#OWF3O=.NW.7>='-W.0
M"@7>A'?GAT@J'SM8+.P]4QB^O,31&/:4+P&=1FIK@-\ !H7&3Z&0'/_()\75
M4QK9<UC<$":@(+XIDC #YZ(FF63-OI^<':!Q4"BDR*>4!CH,+E?KQ#H[L.>D
M6)2Z(.%=]".E!LR2MH,AHG%B*.0H6*TTX&'PKCK@ECT'Q_"53<\II#]6/^K8
M^1:&@L;!H9"7@$,"2/A,1"N\L?NT$][ /1;T)2XR]16/O!$,K@-GIU*"?"8I
ML6'PFSF@E,6L%HMGM(\DB5*J3RA>$Q@8FMMIA?3$=)(@P^"P1^"$]1B@=4_3
ML!CG(_I(Z&LTUGGJQ&L"[TZQY=1MI@BQ?T*"&P./K6GRS&?6Y^60LF$2+@>5
M::WMPG8,C^-LSV8.68G,E=03HL/@U+#&OW.?A5D=\._<=:E5,\^L1.B-"'B.
MI:RJDZ7#GOOC*DW"(LK5I\'-#V$0:!P<*E'Q#X%<0+UEC$6G1I:1_"X*?I2Q
M#M6/JOT;DF8P0#2N#I48!;X.-3P,KE@GW+)GI7Z.TQ\+?W:43.^B69234,DL
M<2,8'!I+525"/J^4X# X8?T;JZ<>'ZX]%C\R\I\""I^\0L4)]GLZQ6#XK0!+
M]S.JG$K?M\FA8W#E65;IF<^8#LZHM)9\83O L[>H#@W;52YV(QIN ,1P%G2B
M/)_ELS;'I?5NA=L&<EN@N;Q725N;@QO8,/!OT[U^IUDO4-"*+? #GPNA]U/*
MP.VRJ2P\*->+A*7-H':W/J%EVI\=V3.1AM,I)=,@)_<T2L;12Q /9VD!9<:O
MWYA)D8TF-T$4%Y3DZ9?@;W(?S,M0Q_Q+D$.]^[G,1&_9-0!%8V[)E2$PXNT(
MH(<+]YG/ L*;HZKR@D-0$KSZ-,.TTQJPH?$]R>4O7J#U,&*X#[3.2S2/-#Z1
M;$RCE[(.T*1*8@\JN PRPY< \JX =0>667F1L@: ,3@&K-,7S6./4M*/+Y0$
MX2BIJ^#0")RX&T"+- IM6R.ZM%6"M5>6 A%E[07UU\/Y1C\3$@[S^X#^&<2%
MR/A2M&+#&Z#Q"LA%R#^!JK$M*77>)TH-[-UGUV+Z#!@E; 2#0W//+1>@@% J
M:$L^7?2*3_9NNVORNR_H^#G(S#G%:0B#[(#5,1#>=VO!JPSA@UZ1RYXOI[[:
M_T6BZ7/.A+AX-'%/HS&Y)_0;8X3F7BCI 8;= 9-A(/3,F.&L>-<K#XQ/U_GF
MJ![(RW+*+]QC1I"V&P.R#I@%<@>Y%L2*E8C>8K9G9;-R-=S5D#>O1Y/:1B-9
M!Y5M8:@=.,CQ2]&8(*Q8ANAUG066>?8^;PF_[F#5P"1I#=@Z< [DY_0WPU@1
MLU?N9Y^9JNYI.B8DS&Z8,LO2"H\DSQ?WJAI/'(1- 54'-F1Y>BH-@!4?>^6<
M\_EH3W0("F^"<;N38JT'AM'QDSX[[)1&_>CCK$C:*W=?LV!=[IE1*$EF$([9
MWXPF&JX:_4Y@\!TX1?+#;QM!K0C8*__@J<?C)(QC--E,&+JLVG694IK^C)+I
M5?#"_D48J].D*T#=@8/FJ?2@V0!P]>BF5R[(4X]!#W4=&/ 31MT!#^2I-&B!
M ZCB5Z]<C:<>K1K>'*];DY\*RF8YVZZB-&RP/HJZ M0=L'I.I59/ \ 5?WOE
ME#RU%Z+PF2208@^2#Z60R.J^8'_(2%89F.63/,G94JL]&_)9!XR:4V'8@@G*
MBG&(TL:U9]R9/9/F+OI/$;$)/'\@[ ]TX;.0KG>*5C"\#A@M9T*C18VMXE2O
MG-YG%J,8BA\9DV! YU=I'+,)RB;KTN(+IO)8*UE#&&0'C(HS<12##KR*7+UR
M7)]9C&(@XX)"IM#UX6,M36F$C*0=#+$#]L*9.&)! UW%K%Z%-)\A,QZ^)45&
MPLHM<)7.V%$$QGQ#B'();-TOR*,#9L69L5EA@KZB>:]N6L[LV1@RLVV8A!O"
ME=ZC-.N,@3GO@/5Q)K0^&D.NB-FKVQ6?-;QYFM"GKV$O@+4#=HV\UK<9UHJP
MO;J-:5:9V0Z6!_*R>,2;C28P0E@N@I<H#^([$F2D5O)1 4^_(T#< :.)7PNZ
M,=PJ356O[F$LUHQ>F@L/Y#6-7^$:JUP15K5'X1FOVI22M8;A=L"@$I>5UL=8
M<:U7=S+-JDUSN79?Y#^"\=\/9)R^$AJ1S- II-4>AMP!RX=?6]H49<6X7MVB
M6"PW/<J?";VGU:;!D^1PPO[B7R2@HX0\I?"'IY^IA(1-NV3 \)2EE@N?S\N6
MP"NJ]NKZQ6+1:A/Q,JDNQ<LZE*V8S3L%<!TP<L05L5M#KPC;J[L=BU6T/T79
M2YH%\6A2YB VW<QUFL. .V"RB,MM&X"LZ-:KVYYFI8P-Z;:,Q&O$M65;&&H'
MC!1^I6(3A!7+>G7S8[%J[.K*?Q77F:U<#OJQ$,+&,-@.&"?B8K+:$"NB]>KN
MQ6)=V2],YVQ:/N9!7K 6\Z47JQ9I(B&:NO'WDW.L-6:W!<HGFC;$BFA]NDLY
MMUAG]H$)*XQ*G^CU9)+2/%ON",H;/45+&"9^"^%<7&I6#U_%KSY=?9Q;K#6[
M*\6[-$BR49%G>5!6CVC.-VE/  ._<7 N+E/;#&]5Q+9/%QKG%@N.[DIU=P^!
M>BCLW]6&@WEG  :_)7$NKE':&')%S#[=?IPW*ZYL*:B!Y,R"RZI;^MJZH!?-
MH&@.Z/#;(N?\XLR&("MN]NF>Y+Q985+NHOFU !7=ITQKX6WR2K(R"N2>IE,:
M"$>H;@CE$/%;(>?\:J/:\"IR]>EFX[Q9J4?["49NLZP(DC+E4/&#23I*@IR$
M=VDRA8MW&+\"HEEG@+P#1@V_NF0KR!6+^W3=<=ZL_*0]+ \$O+";D:!0B*\<
M\5(S5VFFS)MCU!?@[H!AQ*]IV09Q1>%>7:$<>2WAMLY^J0!0_Q1&C?]D64I6
M3$ .( R%5&W3Z]CC/K\YJJJ8S2>]Y';\AH (__Y=2EV^]DGA50M=GXAXA":#
M6#US ?@^5DF*U.^U]#L"3>(WC4JMZ!)5 RZ&HL'64]^AJ01T%5 ZUW4/R9H"
M*OQ.S%+RNN3D JR2C/4J&F)@SRW$WX@@4$X6;"-L!%+OP)HW$+J#E- J0FTL
M</_SCS5(]CM_5W^]^;<;V,E;3I*0K()--M#__/GS-S::X+=Q.OM'"?M3E(WC
M-"LH <.>K<*SVP06WNB5W,=!DGUEY _@OSZ1/(CB7WP]>@J2J4X]Z]5WWT\N
M?*8<*\>A52JX]B6,V?'::52E>EN8X@5S%P2&@I)-E= L*,S.F)?!*UJCWO@6
MQHW&<MZ5IY@[/!2=9H]':V1YK:K'GOJWWT\/\ 1][<I3PAX."@S.EN'/@(9/
M[%<T-JV-;V']].FW>PXHE+ L?:<O;+,(%@2@H)/R]>SE?/U-54X8 *Q1)"$<
M';X&LV5)>97_S\%/@A0=KX9&6RE/Q1('HCN)8%A9F\^-TX-FI1P_YD:=":<'
MKBM.KN<&F01%G)M,CH6.]SPY%B+!,#GZ0C*VW%A\C#M+HA]%!C\A/=MPOV5#
MP9.JU*&L^8X'D3@^N&Y3_A837SZ0+*?1."=A.0ZH$:CDO+ -# W-A;Y#V?.Y
MKQ(+ACN%'LT!C_ZVZ]E+G,X)><S3\=^CES+$6,<(%K8#/&CN,1PJ3'S.4HD&
MPTURCR:/Q5PYA$Y2.H,0IW(,Y>]FRCU$U@P&B,:YZ% #_&U$0S++R> U?*Q'
MD\'F/>2$4 II7[-GS8D@:L(&AB?IJ$/)BRXPI5)93@"OU^$]F@ >0^MJAV;8
M^?5N0'AM  >:@#J'BI)<BTK$@N&20BD4D4QT0TW:_P!<Z7B<#(T!+)[_C";E
MOV;#(G].:?1?HJK_9/WW0'[=F82Z=&CA'6XHP$ZXRW!,5X\/9^"]1YJ4B^WR
MQ?%"G6PA)O25A#<IO2GR@I+J#8A"(,;] ?[N^-MTU2F>;DT%]+'[:<O?8L+F
M4C6@"1)^2Y@":JZ=\H+@"@)<X;EJ]<AO(Q908C*U[!E@=L?9IJLUOAUE1U2=
M\%SCF#_V'&L[JBL3A3X]!XF[B=3P)P!X=QQVNGK4G%'M9-8)OS:.J67/3;=2
M1%UES.#^FB;_MPCB:!(M;>CE/WUF X570LRZ)L/\)H@6%>!'D]J!1"N7K-L?
M9D+"D\7"FL[YTW ODNR$GQW%Y/29A:,<W0\U@!_; *[?7B):?JQ5+=O:[X"\
M^N4ED:?YL"VX3GC_<4Q+C]X16[ZQUR!B(HH),^[+17Q//LWMGP5I]LO7(L]K
MXEB.RSGL->MR1^:PQT"G\EBTL'4^%31*IHMUN#PZ;5TWE>/^3--,*90F?8(<
M^N6S.92&0[41TG)J><TSW9&IY?/IDZ&&V?HY(1$XMVU/L%K/()-^.7(.Y4^?
M6HMJ.=F\)MWNR&3S^)9J&)>=+R.S=Y P.X/]474]I]<)0WK4+R?,H?2!E)%4
MJGMMKSG!NS%=CCQZ5%;!V(2^1F/"Q_,4O%V2A#$[A_2=YM/)SH^ I/KE2SF2
M^E*L2JV:CA]Q)FJM>/2D+,>4+=.,/J5,OW]%^?-S&D,"<78HX4-4R*5IMR"-
M?GE"CJ2>D)9RJB;91_2)6@\6J_ M \B9KLI"<W_1*">CR40C$G^["0RL7[Z'
M(W%Y/KD,N&G#/KC,E;%'WX+6(>%K6M8)J!X8/:5Y$-?_'1)6?TWS?Y$<*GQ/
M$XUX8F>_"_+LEU]"GM/9M2"K>?P1=J)6E$>WA3,:+-Q<[.2R_"OX[M#7Y.8.
M!A*S],N-(L]0[$6ZU3+P$>"BU)[/]/.- =1CG[);@R@7:S\&DNN7>T:>$=^)
M]%!D?^[(-.UBP$OY/W^RA7UU :7:BVW^%$BM7^Z<8S>!+6+951/T(YI%K1M\
MT2R+0"7+X2R*3D$2_?(I'3>)9]&34C6]/B):%%HXN3CQN?^-GTE8Q&09^B>#
M(DQ_\ 2A@BI!V?H=D)?;G2^(8^=3;Z%TR=2S+*[E;/RUO#0$Y&'^SW&:Y.0M
MOX[+;G[_)2-3^,/ZW^.4]?C[+SDMR =!C23NT?W4J R&6Z?-,VM)Q\4/\NLJ
MZZ]B@EG6A7B>;4L!Q:/S#C+^U*.GY2G* <1M$D:O45@$L0;[N6T AUN_A]>9
M<"IU@L@D@N$IN4TMGV-B*T0EE%$*X$IZCEZ>TNLDAXJ,.LG%#'L#[(X]>T8U
M#V0*,J"J%F@,Z7GLD9@961[OJOV2F&'?6^$.G>($,@W98_$"-4H6[WL)LY=)
M_?^0>76)I\[ZN?LQ# :-&[:9(/DA14*H'_QC<K 7\7:9PC72Y%-$R9BU4'.0
MWP &A<8SV4R@?!Y*X7X8:PT- 9_^1BC=#"-Z'),DH%&J<0+BM@$<;I=>O\::
MW#THD0B*Y$06M7SN\[WG<BC?DNR%C,O\-'HYGT7M  ^FHG,RH<N\TW)X& X)
M3E1G+YO5<)(3.F22#T'ZRFV?]SD4OL03;:<0&W][E\#J*X<N&OF>^%4\V$_0
MIU2?1?P&,"@\X5X*T?%Y) 6&XYCH@$GVS.!%)C5(L_84T"G)U7:(H 4,"XU!
MK!(>GTMR9!A<X4[(9,^FO4W8HIX$<:TFSE7*C,'2_%,22Z,U#!>-M:L2*I]D
M^BA1'.<[:.2>>#0;UO5 S"M[G[@U#_S>Q4NM"IXD>*? __G'6B1WK+/JKS?_
M=D-2Y"UG)X/U4[@-6?W\^?,W-B>#W\;I[!^ED#Y%&02_%)1PLP#78]_*6+A1
MD6=YD,##XD\D#Z+XE\X1[_2P61;LC[),&S6B#UVGU&Y14GZA8HE5[TXB*(RY
M_G#,9WB9M=)?IX<=RGO=7%'B^2832R<F#(+@:2:M+K[QN_Y/$>7SVX01H"CI
MM:I'L'Q2MGHTNDC,ZDJ0IN, >>-Q%=FB3XLMT;)@/Z:]MMZZ^&90R8H_2TJX
M?O1K. R0-AZ?GBWR^)CT7+FB\"AV8\[[?(;HC!3+]+0(IOW.2$#F>!RMMBCD
M8^:+1(O"N]N-R8_9/=7^&/@7B:;/D"3FE=!@2LJ4$I^"G*R*'ODW 91#!"WU
M*N'7H2(1.1Z9?U37T5:I1^>9.\)LIJ#!NY@8CI/IJU]YV0_E>=FQ"?ZCX(^N
M7GUF?M^7P8IW63$<)^BK7VY,>?YY;(+_*':DK==>NCEK%7GPKBDF@P1-]<M%
M*L^NCTKJ']6<M)7:2P?J?C*E&@X#I-TOURF__H GN:*(Z>_&G/?Z?*YK<<-,
M7FX]F/M(+K=0NF2N6A;71W*YO1+49TG&%O'%CBL#> QL7^A$-[!](0D_@>W\
M</:J^/=66/NB7D&Y_9+0;UQ[-[;:02^-=:S'ZT&_#.Z!)X.;*]>/.$1MM?DT
MJ3MX>AFX-8KW<[P>R$UAR^+J[O':<YK PX%'VW<TF41C0K4>R&Q\"^-&$T73
M3.;BN<%#BF&S\<Y4>YEER@U^E!#E2_O-#]D@3M"$6C03X"[MA#!1^ \[N'V?
MV,M>4UF=RW/HB,K,S\NY2>I<6]T#X-XF!%\HDS]G+ JOW>K>9>9X] ;XWLX<
M5VC1>P5O69?B0TTS^;S?B>'19/8^,1S?">LE+K>L3*LSX]1_TI=/Y$=>><KA
MSWY]WS""M?].X^)EM\'WTR.?)8DV!Z2=/4/4C*%Q7+#(+,N*4-[B>:& AL$B
M=J TB_D*R2M)[E.FM_^/T+3ZOWMVE&8_&DQA!K,_0!#9IX(\_4R?GM,B"Y+P
MZ2?[Z_E-]*JVCFW]! !'<U.AT [?&+ L"0RFMP-RV\N?N);W*"$@/A-QEXT-
MR-WN)P XFB@WA794Y+8B"0R/^1V0NY$?G4_NZ*V4-OO_3)P@<(&P\Y]IOA1V
M7@K[&J*!U<RVT3] 1N."5^A%0&N+8L#P1MT^I\_LG4:^,#OB-AD_DB1*Z=<T
MUR@E)&H" ^O":>%,>%I0(,/PHM !F>RYQ1\+^A(762FYK3WG.:+Y_(FUU3B]
MZO<"PT?S&$XA8\%B9PP6PW-Y!]NT118N]X^;M*"[)_[:Y.8=B]A?:._3[7X
M0'>!N_S2J];ET%._@;V[\?(@5)Z+X.1N(N]R(0$E*9EM[3=@K4)S(Z_0#Y_<
MMD6QY/<)'G[?:<8:"EH!+GOLKONL+\DDI:2^,WY-DW%!Z2)*3$1>W2[8P,^1
M<G-;N'QJ&@+%9]>W9Y[/*MAU8:O"5VJ?PJB1[O?;DA4[_SF \)G8%NAEL:),
MEA50(F6<9GD6LE^4K& [W\)0D/HHM\7%7ZI$B/ 9,19(XS%BM[XE*#=+>2-
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MD?9BCWRT9YDMY6CF$! W^GYZ>M UF^I":%,I<:+(=K$WWIT>V,L7N12M=8]
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M;>@N# S9"EH2R*,U<!5DS\,DA/\'&;]>V<I?)EVI+DQU0E"T^F X\63EY*I
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M"5JOL_LX'3A.(_/,6M)Q\8/\NMJ'FU&W+E7^ELS'AGEQM<(RC_<8B!P4;F]
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MOX)N_G+^E/\66H"A(R_G3WT^,;+T<O[4_Q,C@6#%ZYT8"(8HUM5ZI[OQ[C8
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MXQ2_$=L8\>+!Z-!WS<A?@"*FPW;9FUU-17<W5+PXHN,?Q42L@EDYGCRQM)B
MTDT=+S2$ V73=[[(G^@AI<&6":A=32QW=4A\:/XJJ2IDS95_';] A1A:\\M*
M1E ]?1>+_"4ABHKL1?;LOMW[O9UN8PN-KV4J4YEK%A)"]@M]'XK\>6)Z:IS/
M,]KW5^S>1:9HN75JAX'FZ'LXY,\[>]7(G/5KET<Z?,S@@8W+)((N<S%;+^.W
M>"3ZZ=W[]0?=/3IM]9[Z@6^?@OW[]0?JUZ0E&'KR?OV!0[/^BY@Y%QE_1;U@
MO_P0A AN[BHT(S\/2.7OS8"[,S?OJO4P2AH'?/U#$"*XX:70C'S I?*[RW_T
M/.#N+!X@_O,WU/R>?R8$"'_V5VA%/;LWI*>0B[A(0;KZ7@H@%]GT-4LA:](D
M/4O6%C &/*QOB(1*JI2V 1R>C\YV+Q-IE*X^1.L@4LCD=SIL[G*KOXCAGI;3
MQY*_)B6<U,'B$+8T2X<?#RQG_*WA27*S3D#XX$$PC'H52YTIT)UCGKO3[VV6
MYW.="4UN%>1 <L^D&P 0_.2,4;&<?190*=2<<,H_=X?Q09;$PX])E@@-Y;,9
MW<@V=2,0+O@A':,^.;<:@5$XTCEEDL-7KI#DV51K^(=4,4J2\T6&A<(C0 ]0
M]0)QPE]\![('S*6IY- R1_(ER.QY'S,ZN6\J4WU*WP9!X81D/0@!<T%F1U&4
MU&O?@MQD-JIM?:JY(T/ALR"$(H)A%.EKZD/ L$M<MQ(=76-'UQY$IE"R&JE:
M^?9E@I1>+6O?PQMP/[Q_!;%NTA'[P49/V4V>E^) 6I]/D+5C,5T 2K\[J%VI
M)<3(J!=( ^ 4=MWNAMKN!8!N4**,&%PG@)220]=@=.Q)O0;]IZ+UH=VSD#VD
M]:'O-R3-:F ;#$][7A]^ZLER[7@A<Q?BJ/_FTWO6Z*#9^!+$(!.L,-*<_- K
MAQ? A')V4&UM?W=Q@\QS70(_!TVI):[&Y[-$G&\2!:PEX/..@N<L?#^TTZ;E
M8Q#[+)GFF8@A,^EMW.:>,\N]$$R?:KZ)SF<EL(Z\B\?NPEP#,1QBMD5C=O\B
M"Q?JPJ8-386@GX,'PVQ4JPBFXN#N@//ZLSOG]:K2SD;_5^8%&]VQXB9]8WD!
MJ_Y-.LRFNH46V0.(32ME!*GH9K(UHPYP4'/.N8 U+BZB?+(0:A#%PA(;1%PH
M&0XC4?IQ+DXE:2ZF_$@<54:/Y=<\'L41CUG3QFK?,6@DN)5J,X;J?;BU,@*<
M IVSW-U-.S@WE^+3C[/A,"NK"XL#2"J+ARQ_3J,\C\<IJ+%I%S?J!R $OVMG
MHW3Y*FN#?0>.CY_=W;?[$OV \/WJ=G67U6DB9WG.BL?WZ%5WQQC1' 0.?K7!
M1L5RSAE ]EDZM2NJN;-4YOT/H@\Q3R^BUV@8%Q\:.>4-A% GO;-*/BNM$BU(
MGV4_.R+0B3M;Y&P\YFPL#A</<?[M-I[&17[U8\C8B(V>4Z&H._;^9\:_+:2[
MC=XU("QZ SB]LU%.E#:*O09\UL#LBI<N7T*<&W7Y37K!>"&&\#]EE,2"&>-J
M3] +W=@:Q.V=,7&B>2P1B]AG=<>N>.;.8K@40RXVA_N76ED?&'8IVX!HO;,$
M3I260!-.G\4)NV*2NU/_ _M>,G!);6?*/;"$13E[RIHM3X->0/S>V0 G2AO
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M-ADVDJ&I*0@:W'>AT)Z<&4A$%!S"4 $':G6GQ=6;^ ?<BL(\XBMO]=?)\7[
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M'VO?@MQ$\H:1*E8?DF3 *&QM+0;G..1['5 4@)U'N;(86G[^L?QF$'W SRH
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M&/V0W<8J2\A_Y4\_E1^=#H:GH\&?GR/W3\E7K'E^5I<_99415[T]OD]>7CX
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MV GC.N9*Q:CDO>?WGN_+=0%WCGC/TK2$/X,2/O1 WQ"B*?BS5@K^8W:03C-
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MUG/CQ9R5R[+?DM+&190YHKY"^W?)3>3Y/(H^/'NQ7)@>#:H@(:JN<UVJ*ZA
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M-"EF<Y>[YR%WO?BK%_U>O5=K.""JU -=*C6L0=YLR4LLN<;D13NV:I5,48+
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M$=7=D;8DOHTU*G+ZEHLR69:5"ENSG'*$Z+[0_+V AJ@"C[2NO3U"<A"5&/K
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MC!Y1[5UH39],YN_LYF<F3#DY?3=D8GSC1YY:F>*X_]A&ZEA!XX AHB_T29>
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MXN4WG; [,3\5<] 5E\O%N!V="Z)D0A^85RMJA8H!4=T<:%0WJRM3QJ2ZE'%
M$ D4VMMV0(CJYT#GPM+]*"D^EZE&(NY[0<C\(#:>9*1DG!(A%@J>]800M<Y!
M*ZU33#/N@GI&TB(D2C[??C%/!R)U0F.;HJ/FZ*?1@*AV#C2JG:]JD"\K73YP
M=[M6SO\4^/>GHJ79L%>!D\B2\YY*!BJA85@*+<Q4HX,/B"KH0*,*NEN!RD46
M5FCA T3ZA+8UM[PB#%\\_[Z^WR#JGP--R5+KJI)!4;00KBA]PN[#(#+?7R""
M*#2RU4P,B6KH4&<>U7W *#)K+J4J^IALBA0?/3HOJ@<Q#<D0D42AU>V&A"B,
M#G6F7&W?>A@G M%%H8E-K]3[)/Z_<IW>D*B.#CM9O[E;E1P&]2^V+"_28W=\
M%82<;9Q8!>"-(X*HI=#FIA!1RN'-8\@=]\HO2XJ#*ER(2NFP$Z6TNEIU*JD7
ML4C=PP*?/65'!MF@EPX1O11ZPA1$7YQ-;8*[T9"HE X[44J+:E3-7V0)6Y+)
ME(Q28L(:B;0<\+X5W775I'9(U$B'G:P0!;7)"?&>/)?[KFHE9+/QJ (M,N5J
M%,NPG<OE8,7SN6M'0X*HIM %UD-#E$V'W2T1K23GLKS8@TE(S,]O$-$4FMH4
M'#_[SB8(8^^_N2L#YG63'**$.NQ$0D7JDX]K>12Q;7&=N6D!XX0@VBFTM@W-
MATIUX%YSX6,_=NZKU/8A45,==J*IUE6L:JR2MR_RIN00:I<5MQDG"1%AH3/Z
M1!)1DAWJ7I+:#J>/WC-W3^/@].,Z<&2.LJ2?NMF&C^MMQ+[8$ (>(J(M=$./
M&!H1)=Q1*PF7' [>AZ/7:K]5:UQ'B* +?6 *H(;S;48CHI8[TKC(%:E%54=E
MS0E()8.4<+!&S6W$@2CDCG0O<ZUA(C^?.V\>>'(^MUIJ=,)6GN_X2[DANY#L
M(K9TPM"3Z^?CTI%(QB%"]%[H&FLA(LJ[HU;R+KD' B!]X5:Q@,BVT,*F6/B<
M1D@NJG?8C(C"[:@3X;9<D:IQ1Q8.LB*1PPB1;J&IN^7B*U_+$=QYL-EX*J'P
M1\[E^9?*U%&T%>TO5V=B5J%"%')'&H7<O>M6'.Z;E60K;GZB,T)46VCO;GFY
M#M;>\J5IH^:(J-2.-"5216I@T_[,$:+$0E-VZ? DJ"%^%S+]FLK+=Q:&PL;J
M^_[JQ0^7OBMC(5MG?2U^22&/O5!=2S.U1>]?;L6WO%JACZI>]#@B:KDC;5JN
M=HODB21V[F;9[2?)"3?!BF4/8.4G6++8<H0HQM"GW9-\ZSR7CEJ]])]XDD:_
MDD.B4#S2)A0WU*=HUAH*&B<%482AU7M "E$('ND5@O?$Y=H)8U_<^N ]IDMC
M7&^5;B$T3@JB^T*K=T]*FH6T(K5M!2YCHN8[;K=L]VVXU-?,LBRL8T35A5;N
M"QY$D7>L3>1M0T8^0DF+LZ0\$S>P#UD&\?2>[XWS@\C T T&^$E.=6C)#U$5
M'NM5A?>IF5VG6I0L4L+#J,!+P8.H]XZU+>=M0\9^I8V#@ZC!T/[=@].2&*(D
M/-8F"=?6!O1$2 ]D"R>(.@RM;CTG1#UXK#?Y03M82@>>/(;!DQ=)@24_\L0X
M,(@\#,W?/3!?^1/WM[PDBTG%JG:GP)BH%X^UZ<7-50+4I(59J71Z*K4E6PC&
MB,P,/6!-2]/^*)S1F"@?CUO)QX=MA?8Y"R=GS8K#<$KF*@%E@=I[0*"(.O!8
MLPY\ );>\ CCW"':,?24+3U@3;AK3!2/Q]H2.S15J$7O9T5@:HR(R-#Z!INJ
MDCY? <N$*!U/M.6_K:Y*96-3*F,:C0DB($-;VXT&43:>M,OST#892#,?23(0
ME1N&N:5!#EM;Q DB%$/#=\])LK#E;/G/K9<<$R_7-ITEF\E4OYUV[%7L$"7C
MB;:,$.VJ!WJDY$96NI/)6UGYWDP,,LX6HC)#Q_2/+:+>/&FE-[]Q/M86L!U^
M@E717CDETI9R?:%QJA )&KK$$JHJ^S:B CW1K$#CE=FW-3+/""(_0Y/;S@A1
M?9YTH3[O"8I]K0BB-T.#&UFI=19%/([.G4=/CDC%X%%E$5L%X3<G="MA(8K.
M$\VB<V.] #(RJI7<PM)[F+R)[=QE'"-$?8:NZ!%&1*UYTH76O#=+&3=KR<VR
M5,(X-HC&#$UO$)LOO$H\GA#%XXG^1<1Y%>K:%''9. 6(X@O-:R<%1(UWTM$"
MX6H4BG"XW)SK6T #(N9",UM)PY0HXD[UYWRH)D)NM]U1YQQ9PC0-4T2_A68V
M2,./4M:LXH&HW$XU+_C=K42C7*N ,#[4G")*+32TK400]=AINR6\;]/R^XD%
M(K)":QO$HA08J>E!B)KJ5/,:WHK:U TP2R5M&&Q.$=D46MUZ3HBZZ;25;DIM
M1W!8+!UP()(IM+;U?! UTVD7FNF^C8EU4Y0I(II"BYL>@C2L?IL2E=)I5TKI
M3F6PQ9+I",2B8U6GB!P*[=T]("JSWYGO?A*O:KEY<4I41*==**+[U"\_Z2RV
M('O0%!% H:7[!0I1&)UJ%D;;,)*W,NHFYO@N4[=9O>=UBLBIT"D&>Z<+'GI/
M3NP]\=*1@E4T$076J>9%M/65*@]U9?!%3($"OR(#XD[F0X7:*MD"R?CS\D$N
MNS4.%J+,0O\8!$O\D7V6_BJ_\HB'3RI!V-ER&6Z==22C9-G'%=#-B#KN3/-B
MW+=7N':B+I6=K*!IUF:([@O=<@RL$37BF=Y3W X%G()+-FHJ!NVX_]@F26K4
M&8&^.M3>$O 0>1GZR"KP=I*-^6Z65*P*.*($/=.\)+A]14N9'HN4:9(UOGE<
M!R]<GB.7E#0.%R)20W^8A>M<_-N+=]:1I+D8JH B:M:SKC3KVLK5]8SRS^3.
MW557S)(T)C-$TX9>Z1M61(E[UD[BIG>,S6RE_U2:U5*5-DX.HG9#PUM'SME:
MN,-7LZW/GN]MMAM1KHHCHA0^TY;,^.U5S7<K%!?9)KE:@LNJI7XS1#.'KC%(
MVE7\P,,JAHA:^:PKK5Q5HD8C/V&!+&$<!D0?AS:V%0:B$C[K=&WP#A%75C@?
MT;RA3:WK<VJ1(&K>LZX6 ]=4[4T#8#N 0@1OZ)%^ 464O6>=KBO>@ZH6(Q5V
MFF!ER<*R&:)Z0_=8)0@AFISZ+W>;LPW,B=KWW"KM&U8;R:%.>IYI/.>(4 Y]
M>#QX$N7RN7UR>36CZ97\)#7CK"':.'2(Z6&[E(%#_B"L+3J;3]5KL>=$(7S>
ME1".UZH<6][Z(7?6ZGCI-,SL^<Q9+K>;K3HM*9GUL67Y&>FR.N-,(9(X](SI
MHR)>_8IK=WU7X4:4R>?Z9?(W5MC^7>YS1""'_C -V<^^ZT5QZ-UMXSS_]0<G
M]#W_OK(-(XKD<\WY,_:O8/W9-G5W&H<+T="A7_H(%U$YGW>TB+PE8>]?'8$C
M^\ILJ56TO8L\UW-"&T;VB&(.76*:JRIVB(KY7+]B7C\IM&F*AZCET+ZV@D!4
MR^<=J>4(#3]69RQ\,<X$(J)#4]O*!%$NG[>2RVG[Y!$NOHAA[<]_OOFSK6@@
M<CBTN&DTBG/J+GUA4%&O6%1PS=VSU4H4$;/62GJ(VOA<_Y+P=O5$(R_E;;/%
M,\2?[!<Q.G'NUES\G<A"[(,?V]%1(5(Y]%9_R5L0M?%%%^?[O1F_TLF1<DC\
MR^4'XT M$'$;.L$T4 T;+1=$R7JA/PL(4AET$4DI8;-%NRT7B"P-C6Z:DKIP
M[X(H12_T2]&O:]+$AR4KC1:(O RM;34;1-UXT46:Y1I K%@BLD $8&A8*S#8
M"?0D^TRKR""*OXM.Q=^JRE7$L>X=S^]1&&N!B,#0/WT#C"@ +[H7@)LH.]N+
M)O:=#*-^?Y+D'#'.%B($0]>89JO8 %TY?2)JPHM.->%2?>KEX5)!XZ0@2C&T
M>@]((8K&B^Y%8P07V:,EW5B/-_TO$*$9NL?@FI]?A.F2':'K=?!-V+BR-R.J
MSHNN%FG#&F5$Y5>8DUTRS@>B-D-+]X(/HJZ\Z'3-=;\@081A:.X>0#)^1Y.
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M0,M;QT\R$[OGXL/JYHD85YAIC2NTJR*<2"8W,SFDDK>SW?O5YSM/, X:$D6
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M?N*1S [QS0G=2!UT^WING1R1(CUT[WO_S=UK%?<5MD\_DN6JD@W.B0&!N:Z
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M+"8-"3E!+QGKM-\8#/S4D(%]2HPX375'G Y3^^HA*"WL;U/Z]2D2<H+N/3J
MB1&G:2?I"751? (PAK+I2=\X1J)7T,M]X[CN%.(I,6 UU;U_B5YS;0VP'0<1
M3Y'X%O3J43%+#&E-.]FEI /<@[6YEJ"+1+"@<WN';H-&-2.&LF;=G)I%K7V9
MW@,^UC2S,R2<!3UZ=,P2XUJS#D_+.A2XYP_BM5QJ_J^UT!YE/)DA\2[H3"M%
MK+-GKVKF-2.&L6:ZPUC[U8Z@D<K;C???,R38!%W3.[B(,:19)S&D=H0!1?1<
M-%]>+$/UGYWP=QXGG%F"%1+;@4XQ@%6R5"S)'/"9;^YX6(40,8HSTQW%@35!
MVJ)T95S6^?V6%#2/!Q*7@0:W&@]B!&;6202FFI&FI''?I<A\;P\S2(0%>L$L
M,X-Z9HC1DIGN: FL25.3,K '#R1^ 0UN-1[$6,2LDUA$-2-_W0:QF%!=A]XR
MF7*=+57FRF1T$K&5&*E<NJ*FHM599_.PM)T96-3.( $$Z!JS( WK02(&!&:Z
M P*P)DWMS- >/!"M'AK<:CR(VONL$^V]FI'RT.4J?N ANZH:O@PM:E80H1QZ
MPM@:>F25>*26A\LECH%_?\O#S==\H7C5O'M.U,7GW6SQ:%G9ZJT=V&:-*-WP
MD2SBE LQQ=-8Z7&F29PC\C=T7-]))*K=\PYW<;P11[A[PYX]&G-$LX8NZ=N.
M335F58^IHHXH:L_M/S-'/49K!@;U/., ([HX].[Q 4P4SN>MA//DM/L/?FT.
MAKR0=IK%.R2+=X[X#DO1G*Z<[/!Q2S(SS!%5'7KL^* D2O'S5E)\PMM-[(1Q
M,Y:JF'8PW_-[S_<M9Q.1]*'CCH]-8AQ@WDD<0%NW;TO.FCD2'("N,4M?8NDB
MPMNT8&=.#!?,.TSG55FWAI%B.BXL+8ZP:2?N'(DI0*_TC"IBE&'>292A#5I7
MGR[8>;!Y=/R7?XW:GW!EV6JO.1)^@#ZS3)U)-(H+?B>\%<7AMB[/^IP8G9CK
MCDZTKFA[?3!3!>6#6.E)QN%#@AO07WV&CQC[F'<2^W@S@;\XH:?T%L\7C^91
MS&2X-7YA?A#+G&X6"81(. 0ZIV_3A2*7F9H=7OK+4#R.7_#DOQ50+HA1DX7N
MJ(E.F^A/]J9>R[+WLNS%IG\!"R0, TGX@_P"B-&:12?1FBY^!LF.!=%^LVV>
MZX7=RZPP/WRW5BEAOE<+:>('SA()2I1-$\&(FWB6"$:6*67P9%'LK=?L@:]=
MJS)[+I X$83!Q(!CM7J?:&TW#YS'<FEU:0Y2.HSW4\,.\P4Q)+30'1)J7U-L
MO+M:L?0I3#U&+4;?F=B7#S"V:</X HGT0*?U&D%B4&?1R6Z(0W!X(D$\O8,@
MGO2"1"2\ WW7RZ,VFE2I!3'$L[#_6)GJ7;4'?+9QA)$H$/3M<2),C 0M>G)
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M-<)N(@#'_<<V2R3A;KF$4\8/'3=X5--L,6_R^3?FY,]A4>SXKA.ZYGM_) 8
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M$MNT-D%$>.C+MP(I4:SOZ]R6?5Y27Z]-_ Q.F]8FB,P/?60<OIK+PS+HB+&
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M_+I7 5^ZT6>UL!3K4/_)D\O6&^^C$WC"F.%\*=Z6ATC3/YQUL4HI5K2P2=R
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MVV4'U/CKP.KXZZ$1- 2D9+,6AI\&6+05^OJ-,DV-M@ZZ$6W]:>'&8JO0Z=V
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MOMJM/[NKLF5V_P-1<E8-:$+C6)\*I*BBZDD2*<TF*\WBXDR6-P\.HC$C'K
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M69O'$@L)00_]#%A2 TC]9@$DZ?Y*+&6!GQ9++&P$/60"RW\Z@2MC:S=BLB6
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M<1&EF"IFG@Q,O866-D+&C;?P-S(X)$=D\:/B7NB^\.358[!0E=N!+N6V6?\
M/VJM<U"!Q378N\]^&/YBGBA,QH7N,$#4@SS940H,5< =Z!)P#[X^LN11KULP
M2<$D6&A5Z_Q.E5H'C:364^>MMCL?$T^A:4T\1K9<GD?TGN:+R'U1\8U[_J1B
MO%6K&:IZ.M"5[ZE>OR I67F65V!)#6O6.9B."EW1'8JHJNJ@D:IZZMC2$*6+
M;K"$*;#0(48FMI]<S_$6KK.^\T-7A>R/S6:IFNQ MR9;T2ET"9259FEQ]G_3
M"A; @RFWT D=@8<JX X:";@GCT+'";KRO=!?NTN9OX!=.FN9/8#=/W-NP0Z$
M :;B0M,;0.9^P3TG</VJ)]60JMX.=>UQQGH!1Y3T75N>/D-,L85&MI4&JD([
M;*30GCIBH$C8!@*FO$+[&@#A<A>Z'@_3J5YE<&=(E5Z'NJ57K#=PF$A+I9-5
M:R(\0TR&A5:W'1.JZ#K4>FE\'5;L)0235:'!#1#R*_>? F?[["Z<=24=5(5U
MJ%MA?=T3.( 42UA#!B:\0F/;3 95@QVVHL&6X6$E%)@@"^W<+A0[T?:^L-]3
MKNW<!0^S][[R* E_;6294EZHZNQ0HSK;M)/%04:]SSP>,5>5,(\1ILA"\[>)
MD;_XXR8,=WQYK<Y)Q:>RXBQN^*F84HJHZNQ0VY[7QGT\.-S#XKHLKLSBVO'&
ME##^#[/P^,\0$VRAC[J)&E6_'3;2;QL_X$[G3;[[_E'1M"B\S]ZY7I+2P/R.
MA"&FYD*7M$S6-[X5_GYV9 HH.7_8Y%<'Q0^&7BE-5$%WJ&U';JU^9:>[LS=8
MD%5Z?3'217QDUCQ$F+X+/6$,(N2G6\;/B"KVCK2)O<>ZE*)S)PS) YE%.+T]
M*ZN4GI^.L[@D@Y!Q?$:8( P=87H,^L9ED@49"LY^FWF9(\/2B*H:C[3MZSVU
MJREN65GFJ#<*B8+C4[&%\6L;-V^>.$QYAC[J-'%467K42)8^95IU+NR2PO'D
MRE&;0*_Y@JM4/8.>>=@P_1JZQ_CD767H^,;#*' 7$5_&IPEEKH]? S\L?V!2
M=>V1MLW$)_3R<*WHQFO%@X=F,N>ZD)=2)FTDSUE'MG+!GF0[YJ'#)''H*WNA
M*UR=4(H>530?:1/-3^[K&0!<Y:V9QQ#3WZ'?[%@95*9P&E%U^)&NM!/'>M1\
M76#'JG*$R?30#<:'L'CUU?S!217J1]J$^E.ZF<_+\E$I5E5M29$XPO1ZZ(66
M>7H0U@EE&,3WPCMA+R]ZYI&,EEV[X6+MA^KNH".[&$=4M7ZD4ZUOTL-\J](S
M7^[62O&*5?E\A)/;#JS9#3O"E'GH#TL&*?7FX2W"Y=?1CZC"_$C;QNJF73R<
M5<5)!>/I4IA>D6S# (5I\= +G62)*LN/ZLGRA*O>WBI4F#8/W6$<*C55;18Y
M'%.U^K%.K;Y1%VO$J%5M>T/48TS$AQ[J)&=4\7ZL=\OWR;"5!*C-LX3)\] +
M+;-TD/+DQENL=TN5F"]0QW$BL>IYW$4R[O'@?Q6=]+U(=%A\E:<;L?R18LVQ
M:?R8*MF/M>TD/V?W#U,*_=T\;9@^#WW1-=I**:,*]F.=@CVYVP=/TJ2U-+]9
MUAY+&F3%%MF#SP[;9&FCYAG%Y'SHR3?#*%79'S=2]D^]^>:LP#[XD;-F/";U
M,3[ :9X[3+^'WGDSW%%%_G%KEXS^!.QA^C_TT)MACQH/&#=+2BU=7KG*D 5:
MX,T\9UA< 'K#)&=?_8CG:OG1_.9C:CQ@K#,>4*=G>58#M=MU[BU9'KY4K9C'
M!E/^H>5-8W-TT4E5^<<Z5?[2[AP'Q*8HT1A3]J'E3;)2R@=5N1^?< GEF:9$
MV5TNES=SN?C[;^NF.)@X#RUN(Q<3JO@^:22^GVV)9CT3$TQ(A]:VD@FJ4#YI
M)I13I["'T]'P(#MU0H6_8ADIYM' ='%H="O1H&K;$^W;T;N-!B9B0Z-;B095
MD)ZT)DA7B,OF"< D8FC;%@G8/8;BIR*^W,<7\3]?>-5=YQ.JXCO1M9<;ZT7&
MP>&;[/?X;?,+C@FFVT(;&X/A07Q>5=:3"56(G>C:;8WW P+!8B)D 5ORGDPP
M015:VEXHJ KI1.NU?5TF Y- H;F-DE%]!?R$*GE.=$F>93TY H8M5[I/,)D3
M6MMF-*@*YT1K@I&N\X%)F]#D;?*QV3C!7EXADUWJ?!L]\^#AV?$*K]UXW[B\
MOGEYYP11G5MC)U0E=*(U5S2UV^#HQ0U[SY)6V>V*%=JX8*IE)ILNOB[^9DGK
M+&G>/)^8Q I=^0;XG%(5V:FN[=!VHFG7%=M33/:%+K6?TRN_?(_#E"H03W6E
M02%T-@]%6K!1<(I)Q-#L]F/TR7&#R@/94ZJB/-6U6YK:XQ0H^4)\[,,\5IB\
M##U@/U973A#L98:9RB2J4ZHD/=4E29^EVUF2N21A4\2^/[N+9Q8^^]\]>5&K
M:#&-AXH7.;=@7,/4;>@F^P$\MA]G2A7"I]J$<%J'\_5L/&_ST7E;]'K>YB+S
M-GLV]DPQG1VZT'XLO_&M'ZB]F]=.Y'QV/7X3\4VI%#NEZO-3;?K\6?M_-F@O
M6/X)3'X$^UU^"%.?8@''6&@ .ME^CBOO,YU2 PA372E7*+T]X\!JR8VI4RP<
M 9W7)HW;;?SEG'4J0MRNOG'7"W>!G"7=!7SC[C;A)S^X25^31VX=KY9R0PU>
M3+7>A7F>SN>8YLVQ8IZ70HLL;5(F,V-9HRQKU3RB6%@$^O'M($H-HDQU;1.W
MD$[+E$4L0@/]V154CRZ@J&&:J:X,\&?I]IE!M6@IA05JH#/;PS0;&XX1-Z,&
M7F:: B^@!]FNUFQXLHF &18"@<:UD0!J7&.F,T-,US# 0AC0PBUBX$9RI+[Q
MENZ+N]PYZW^YT;-:.\E\8,_N]L'_Z$5NM*_>AS*C!BQFF@(6#?N7T2.KQ:O-
MM"+[+FJR8E46^2RN;,^6E1D6S(#>,0A8U2[(&34V,=,4FT![<0C+[0$LEFQ^
MG&&A!6CE%G$(''FN_IXO=H$KA9E2%*BQ@IFF6 'H089!_ ;+WS'O?DS"AY:U
MT?U4$7ZF\VK04@:*(N3""0*7+V4(<B6CW79D'I]A:CBT=JM(>.%*F'?N+>]Y
M\.(NA&5O5Y]<3ZSG7&<MEG91L%,FE;M#0_RM(],3JC@^TR2.G[/SA7$H;E-E
M#LA:E0^HK#(KU%:;;L/RM^V9VV#2.73M&T.7JI_/=.KG6OA5./KVXXC)Y-!=
M;>+(G7 7[./;"Q9_[MR +^<O/'">N-S =\<#E1:U%#6J#C[3I(/7[=A!\M?P
MX!*0^+HV==89N;3M@CEQ:^(%=\'E72%Q6?.080(W=%2'(*-*V#.=)PV:DC8_
MQ,9QES:Q@ZG.T/Z&V*D\,SWZ0-2=50/:QZ+#$]/I6VF.)DL.3!=,D7. &-A.
M#HCJLVJ@G>&B(S @"C1B94,P5%Y@//I 5)E5 ]H'A<,;BU]Q<&_%M<0%0Q0I
M,"D3-Z" *!*K!MH9$DI0".,+SNVXHKI@CB(+1C7B^BP056+50'T6"!G\*KBX
M3$XCO).G$PX821#YQ3PCB)",&-].1HA2LFJ@*2.-L_EUG ]$548,;R<?1'%8
M-5"#C\/[N^[J#25?0>FW0@PBYB*NL),8HB:K&CB1F",#R]=79=\*+8C6BKC!
M$"WJ'&NJ%DF9Z N/GOVR"P-''X@ZJVI ^S*FI%/X9#8.;C(G*<X6HCS;J KF
MV4$D5,0''6&'*)^J!MI9_-0&*%;K4W;,\X+(IHC=N\%+CZJC]NKIJ*=?3OHF
MF.EA$BNTO='93&K64E2H4FM/4P*3BKZ4/(VLPP,37:&][<:#*K[V=&:YKL'(
MUYU4X.7&@A#$A\T3@@FRT.1V$T(59GOUA-DS/6N.C22'8XA:'=FR'.IADBTT
MO\DI2BDD5,6VIVU?[^LNE(1PK,A:5#!#$0%;%-EJ!*B";*^>('O..6E9#,>)
MU%KW_7O6F_4O^H/!Q:@_9HZW9+WA]&(RG5WTQE-;(CT]3*6%WFB/F=_DKJRU
M2MX4ACRZ6CMA6'$^9-2C2K4]3?MXRSJ28I._SU0!IDI8<DJD8)4B%P:U6,R<
ME=MD1SVJ)-O3E".[O"O'V+!DGVO!,D4Z#&JOPF!N&%_(R9<?G< 3II,[B_V
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M\D2QQ?1&Z.0FL/W,Y_YZN0->JL#8LY"LLJ9.*-BZ@$-X8VHB]+HUO*DZ8<]
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M_;F>5[<_=@\Q@0L"U ))J&K7T$1N@[U)4194<5=5E,FRE=7P[8./Z5[0\2V
M3Q7!AON)8!,-?LCO9:/=-A9\T46.9\&B8,$/UUB Z600 0(+EDL>RTAOOD3_
MW)M]Y_,RL]N-Z!R]^8[]?$.JA#:TD3;AL+J61,EO*_:ZO-<W5A,B9K<Z-,/
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M%:/XG/UK+=B]D$.N'%<EX[/'ZR'=UT]*Q#_U&4&B2@L_%(.\/%1,C+^^+.;
M*(MIO9!LCK2"+E4([AK8"TYC_8=G/$]V$IVIAJ*,M$Z?+J8:0Y1<H0]54NZ:
MVFO>,(?>54CTSBF^8 (TA*4QOFS7,KI4];EK2GW&ZU'?9S@C970QW1GZV1;
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MRC4R467]OM%E\<USZ.06R/<QI1W"YAJOJ#I[W^HJ>0K/]IBDORZ7-]8ZL-@
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MI_S"-4_609KLY"55*1\9.SF46N7M[,N-L3>9.9U-31G\]^(RRVRZ139,?H=
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MG68C-98X,9)4S201$1H>RD*G2(@% B&L3I.0&NN;6$G^]MH['D9,+(H'H6Z
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MSWQYQ^-:FE"E_X&I7(Z[ZY0S0I=D;XJR3!=F66DQ!=$W.$ $3'&'&+1!!*K
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M0/['3Y)U!I!\=?&,5)-+O(1XK+A/_ORF)YP=>V&R$%,,^53Y8_E#M%9/SF<
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M5HJSG/-REU)^1_M<P+19"$%;7*"JL_V#U-ECAKV#NCO0R95=DS/?37U,E85
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M;=RG5*ORSDS8XA4!RYV."0N/0'C:9PPUAM$WD*_J6+(@U-!2:)5#+I(%"P-
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M *!K:E/[SBJ5[- %65Z2Z:),E76( YBN#_W? @>H.GS7P/[WEP<_)FQ#U[<
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M46E5..>LA671"Q/11OJQVL'(HZ4-^>"6;][(=@Q("P-&*[+*#9@47^+$*+>
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M+^J+^*>7816VE6_=Y3MWK\-:@^PU"1:YCC5<7MBP3N5ZODC.CSK48M?R'#)
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MKI_HURA,'X]P\R$6C@YUW>;=H9*%9ZJL9,U=L\TSD__[(?U_R6!(-B*3?9]
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M2+1D=4@H&S! @X@19&=DV18=Q29+TIV!Q5OQ+8\;2E,^+^4[E_8/-7* <F#
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M]CU(]EH!"<-$ <VM\$3C^^AP/Y\G^:^^:EXX2);%]\V4VV\D4BEVV9R_$%$
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MV@98H#O2$B[V#<D.45FUU3O+?B6>%F^]?OD8/+'WR6 54/^(YECJ.C(0'>%
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M1IF/.7/Z9P2M5ZKM;59N[$KBR,!*XAN1'UI#4]N_N_Q;]H5A>D1O[#K62$-
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M_A"\VH]3S.C+/V;;XG@5G]*S+^]AHB_V1KSZ<OZUP+<^\U9ZSYOIZ'<[\/H
MK>"JOC[A9Q2[8CMLM6*+>U/0]DP>>"D0DW]EX*F^E?"O)6?7%Y>$?1WAWRQN
M../_47ZYB(]0/5(.;5$80BN^JBF<-?@A:V/7=H?-UG;=G/:?VM:#(;1JJDIX
MDD;$KH\.6ZV/.C2#/SD30NN4JGPG:4+L8N300.0Q@WX\MJ?E[TFYNY-R:,56
M]?=)/J789=FAAM.8!I]*PQ-Q)V;@T!JOZ@-GW7Q%T^O5 4N/L*NYHV:KN6Y.
MPXO6<6M?P0A:%56%.EW/8=<_1\W6/W<]=W=LD\M5+=V/[#YHP5&5['3=AUUO
M'+4[5HK?6_7&_08M$:HBG:[?L"N$(XNG.G59[_7.J+]?Z-Q]H1M!*Z&JJT_W
M <4NA(X,'AO5]4 :?K5C7\__XL(;W@A:1%0]T=G>G[XO:9+<LG;U_(,7D2Q&
MV-6^D8%[:-3J%!:2GQ#YD3/WCM0:I:YO?VMH+?3%+GF--,2#/#T]H:4HM6D[
MZ_DY"+UP&7CK7XJXZ67D\XLH3&-OF287:R_8? F\^V =I"^WP4,H.L8PY1UH
M%/+9P/7J@LT4'JCH6/<Z KOV--*U]J2C%7;&&OL^@E:35$%.PT?8Y:.1@>4C
MG9:2?^*[864TN6##MX'S";E7KB3Q/8;Y[0<)/T&Q*GY/[8:$9?%#')AV0^LH
MJM"GX4_LPLE(P\*)3C^699.R\-H%&F7Q1)1/RB\@M6\@U5>(,)KB2X@C?2>T
M*J**W-F;95/EKSO1$XWY"S)[K<B?],LP_S-[F[A>_1JRMW!?GMTX:,0Q=KEC
MK.$"'W1M"]=5#BO>V8JBQ M9T4E>AJ0JCGM+%EB<?7'#8F-H$425ST&+85<W
MQ@9N%.K-<DT'7A[$E2[SZX:<'WO'T!J(*JR#YL,N;HQUQ<SLS7&.=$_0JH7:
M^IT=\EM BPO[KFBZ5V[LVL)8PR5$NS^]D(W]M;R0E.,_^PI"6%MM4-T*8N'S
MV, I'%C1*W%F*U<TIDL:/%&?_,0?6W%"G8F01.O %^LU3UX<B(E(F8-]0[ZX
M\A@EE'CL0<_74-;Y=)A_Z,64A!$;/[PXYI<<>RE9>4',REMGU(&! H+'JJ:Z
M380%QV-=@?U@YY3] '/)?F.\XQ,'^PI#^%AM\.X7A00A+>*3?_:6XC6P:!\^
M-D:;32#7=BB5JZ9[78#%RV,=UPVUKEYY^Q"_&J"Z/Z+(7 TBXI6FS$]8 426
M8-\S$*)6Y7'!,U@ /=8%H)'&J:+YE_T*'UJ6E5]6U/[E96.(0:N:N& 4+&$>
M&R#,W3USQ]Y=JQ?6 Y;AFTPR<>4(W^E1Q<QW8"H"\6)5MLY>^MV+[[/XX88W
M0')XH7.,Q;WC5KBWFUF ^A1NR#\B\C-WEC['$'95&]N$Q!,L2)UH *DG*.D$
MPIQJXW:_SD<8WEOG(9..J8IEEQ,3MZ&#52K?2O-/BR!1+FD-446UR4UIC46%
MDU:HL-D3?+K:0CQ0;>+.VHJ]VI^2--APG%+"U(J8[I49BP@GN@(4':W2SCYU
M0HN4; I6+'/%95K[!H!PHMKX%@R )8P3 X2QI1?*E+5%]6\.>0&B@JH.%KR
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M8O1,_A7%?[)/60\H H2LO6<7QCL(^JJRN^=,+!$>ZR+"INP8TE2QI&I"5SI
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M3&AG6$([,W#S5=-*5H?=6'HB,Q"6@[ LI,A#/HFKD6CH#KR=0?!65<:>2;
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M0"]?V3B$'J6H87.:18^KE_4[R.)R'&A2,A@V[P'T47*!#WF?]Y-(^UQ!K&]
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M)JQ(\/L'^$5=@-K?:P9EZF2_!-Z$A='-WXD;OS>%3_PEX\B0;VC_P=3T7,>
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M7%,_\N%WCTJ5E$P\)0@X;P $XFY=3[W621%2KIT?^:RC:]$@YD6.E)92\8L
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M*R@1YM3GA8VP\QYL5['SI@BNZG  GL QM5PTXD53#VV[ZYA95QB]/'#NBOS
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MV^5FN\L$':>*>*O1.EB:/Z=IDX/.R9+3\(OJ$3Y.5*\8]/O3C5_*N5,6?2%
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MT'V<]89@M9:JFZ+YXG0&*0 64TL.W;N"-6\7E0J@W4GK^\ID(+@8**;0U @
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MHV3/T;;4=J-M7G3FFSIW_MHC?P2OX[L/^G Q"QE;^B6@0TDX?G&B*@=D>A\
M!AW@%.W+KT4;XII&2]3C]JCIT1/Q$-<FD[89FNT#@P/T^P;*?A^/&QLM%X^3
M0H7?1$ZB-<W%3<-H<("NV$#Y)'J7%X?:()'F5#HC,I4>&-YVG=P[8?Q><3IM
MOPJ@#G!*G2E/*3X_#K4#!LUI-:!196IMN ^G5\%\'OB/<3#^2_W.F6   'B
MSM- M::4E"LZ/46/$TU;9D3R05(%P+X+E0J!KUZ"-?H ,SD&ZAU"MSBATVKP
M&&+0M"PL[E7U,#3*(&#, >YQ9](]S@3'="I%&;F<R2U'\8!=XL9I&U,7F\0!
MPCM_',S9ER"*GH(MP CW\GV)J BW9$HV\"5@IL7,JPWBRZ?9^ED@FT!>56/R
MD$Z=;2ZT^Q3Y8O+O9%F^$4\ ,F:R+2[R5HOJTZ?)3X[.S\TUTGU@CN?^ATT^
M.ZX?(3EIG^3TM/.1Q;&7'9@,_3L_2D#6ZPI[0#<L;=+5H];(@))0S*,Y.>[.
M/V/,T[CD3,IM.YSY:M$>_>Z'!5U" $._H"XE_"AY&Z 1LBB;$YYXDU1B4-LO
M1Q_*1.Q\LMG^,$U-OW2 RJM@OF!^E,Z1$C[P7T(DAS[Q,F&)9YZ4,QJ%N8^&
M:A,B-%>&\0]WU0==? %M]T$D@H#_M@<^\RU)+C<V$C2.\\/>_+#95VF[1O.=
M?S$>8U7F"/ QL&">/58X>:U>&+M\0.3 H7MYF9#%^Y@VUS8NMAVG8DTS_TSK
MV(U?#_O%\6<HQ_(0Z_:CX"\0.C5KCM/\O8K/C6+0D8"$8/(1ZF5PY]^';.XF
M\\)J47F9WAT"4)X04$2) *HLJ$)\]OJ>-Z"6-IM0[?+\>LG-^\!SQ^]I%Z7(
M1=6Y"J+2GE15AT/T!+*P)8*IHJY*6.W=/&I"=4F9P=]]YH0^\'^Y;%16UNT!
M$"$!,U?"_"KJ*4!GJZ1J$^IH,4JXR^\OKO/L>F[\?AN$5Y[CSM,>Y-D/*P/M
MY@U#8. H1"Q\K6X!:'P#^40@!BD1816EUF> 1G!_J?>O+'P.B&F^N7C=+H_3
MPTJ\*X2. [H3P ")O5IM$"2>0)Q/PE>^SU,9H49]4,(;/RE7*@^4+NM(EM<Y
M4QD"4';INE(G%5TI(3Z-<IM4M_\N*4?J8CP.$V#E<H/2#,-N#8$HZ3I,W8H.
MDQ"?K6O=32@E*1=IR?$L#OCDO*F6+ZXP$F*FZS1UJ\?TI3 U2JX>#^2:.*LQ
MUQ;SYN\$_(D[?X.FX52QB:#"VT@N 0]L#Q+AF\[J+-JX?'.<)'4SXK3L(^X<
M 5+2I-8G6&&?V'P1A$[X?C=?.&Z84BV9(&6O IT$+)SF)<&?&VK<T0@B'W>=
M!L389-0%B"MDD0_SJT^.=^?#]Y,4RT5\"XKQA^,E[,*?W 8A<V?^S=LXM7LJ
MA6=J?PVX02",T[R\5:-!AAAJ+VITG.N;LC>79[*K+.F2#Q1RKH]4FL62<3"#
MD$ XJWDAJ4[0<E[9"HT=9]Y6DJS%N%Y^IK\* "S/DBZ9SZ9N&4-*WD9LAV[K
M9N(3AUS46-3N.H\'-!7-W6!=4[AA)]V\X<<3-WK!/TF+/%8<!<DG$)C<@X3X
M6V!U5K6]G]0!S3N+YZV9H01 @.H,Q7*)+F&%\#T,[AVZ*9J)3+SME3&G];4G
M#V?N=2R:GR8A[9%[R+7#-VP[4L.V 7[J%/0S4M"(GC);7A+L%D12)-A<H3+%
MP9$SAQX$SH0OGO9&.%BGUQ:!B?X(XF:9-X&\N/6"'ZH35O8JIES0JQ"H*-EZ
MI10K?@0Y12C#0$&H34VH+8ZTNQ!:@_.*WH9VY[^RJ.EY5?$CR"E"&YR"4"O/
M*SV.M#LAH<%Y93%NTZ;2OYU//4(1(06A5IY7>ARQ=3F/^KSJ68S)W$RG; QT
MY8D:#T#IT$<JTW[OT0OF-[XZ'OH=&BY8W>&1.X1B+PJ"%,\E0[S0O^IWX+/(
MXMT$OA#O6>@&D^UDC1*4589"U(0. 14$))X=&K@UTLD^1%RA9]'_N<J.@+QD
M FO7M1N-LX6,392W#(41$&-[/)>>U'-1AZN1-D+J$*U!A;<82..O6Q=@-H?A
M.X@T38C56O.WQD"<[0F#]:1AL"J ]1,7%^GF 82&\>&JOD6??)^J?]H>C[HG
M]:BK -:_CYFI_HU_N&O^J;G[7^UM9@-L:(]W?"J\)]8,6]I=?KO!F6/143Z<
MK(G3]CC>IU+'NT'^M+S"=X-3T++#@O2L\C7S(S)_P@GKHT?J!=C?1Q%YW>&1
M.^UQ<TY+W1P#O-!)GR4TC5J@<#83!C*RAR'655_^X]I-,<1(Y1RKL&,_9#^"
MQ3>+"&4EA-FD4\*:6F,C7P@%V0R)67+4:8!99C-R_OE;D=]?@/#\#]N_WQ $
M>XN9#_MT#G9'%&!R.[_"WIY]^3*)7)]%T35[95ZPR.YR^Y,'-_H+__O='[,P
M=EP_S;JV-$F> -,EC/^7XIJP\_RH<V*SZ](W!U5H.%5/7=UY 1$0VA=%');,
M+Q&D-DZ:]?KRZ,Y\=^J.'3]>MLR A2@MFMWV^6)Q4Y0R=45LF0VN- @B);3-
MB20AGE>58+9[KN%VNX$R#'SX<9PU(FWU9+.:6O=#Q%(,5*>Y*M&J(5#ZC OF
MUL)3GXHF/@%<HG314B1%62Z=,2:T>QK_X80N5IW,R_C> -JV6Y<V[U4^CE_8
M)/' MA)Q5GG+5!\),1,Z>Q#)1+)O5L;:[EF'@5Q89]+_")H)M'L&6CS6*#9N
MN$W0S\G:YBSKOF1^],)QE\T<UD)1G9CU/X <(G1D(9*@>+X:8T&[I_&JR-YP
MRJO"U^H9;#%"LV+KFM/*NZ;T7<1%/&[#+VY<!5V[IU062V[_]+$8L/GJA'^Q
M&(VH1S9.PDI&I_1=Q$4\/"._0J^"KMW3YYJ%[BN,^<H.91^R&(SA,A-,F]_9
M9"8XX5*=9W6&!JY0:,5:)C7Q-#0 OMVSM-#TH\USTW)_V8R%U>>>[%5$13R2
M4MH\M@Q<N^=.?D3^R&:MW]QL=KE=\N^!+8(P7EYWJC:/%$9 C,0#'?)FM^H8
MVSVK;IS0!WAXQ_/Q!?C9ZEEE,72QS4?5N21\#_$0#UG(.^N6(6OWO+D*YG,W
M7IT;IO=%9\QO>[Z)7M=?0RFJ8I96WZ.J#8;(B0<X^'V#:\%M]PS$YF[L[P3/
MSUY;;P]:#':LCV"W.5K]P%HX F"DT/JX3 8J!]5E&%L^JV2);(>046FSI?.E
M$[G1<+K%V/?L_U5GF]H@B)1X/$/>V[D2S.*<LR5<(\IILWQ2X$? W$FJ'M54
M4O8JHB(>"9!W<%8 5ZQ5V6KUL^A K\]_J^F>\#W$0]R!EI<I+D/6[DJ.1O35
M<HTM3JFT:NNFRAB(D[AO*B\+7 5EL:YBJS73:D6@A1MC!\IE(8^\'U[&\8LQ
MR"!R\4]7093+H511JP\)7*!4@5<D)9G>:H.N413Q0)9FF^5T[\-@P<+X_=Y#
M+]:?X*JSJ&Y9J Z#:(F[6O*:N!6!%FO!M5I%+3I;ZTR8BB:#^$5$1-S1DA>?
M+856K+W9:L6SZ&85F#R<3B,68VAEW3,^K:^@9A-4& DQ$W?%Y*4RJV,M5@UL
MM:Y:=+%6#/[*'(Q-K[>D:FNF\CB(E[BK):]C7!5IL3I?J[74HKN5W7?*^)O=
M>D)G-_MA^XJ?TL):?4#@ *72K"()B?56&_)&<;LV:[!>)553-L%S1=>(\P9B
M(.X%\6N?EF/:*/W6:B6SZ/'<^; A.?Z8W<.VY";SZ(&],C_!<B+!S'?7ARNE
M\7[%<1 O<7](7A.T*M*-7KZM5E.+_I&(QZHK8^G[B(^X+R2OIZF*,%?';NO5
MT68-+LR<O70B-KD*YFC^9+'H1:HI/O;D 3F#6XJA.S6W76-$Y %QMTA>55(?
M<Z[$K3^0.K7H(=T&(7-G_E42@HAAH8!-+0*JTN:$_B3]IY<5(ZSHU^N."_SH
M$_>73J7^4EWD&]W VZS6?0HW$:LFK/!?0S3$':B^V@U$/K!<YUI_;M2WZ$5)
MRM?I1$:K#H?HB?M4?:E/I0DXU]TJ;=\.[$"_;_70*AJ'[B+O2R,4X;<@_F\6
M7TR"1;Q.?1>&L#3&1#X0=][Z)0=9^JCS2;!QIF7K%KA*H?0G+/C2ZLL*?2W7
MD]M?:WV!I5"\#.^RN!/7"=\? V^2\JMLZ] :"Z$0]R#[7 ^R#EJS%X%:J;Y:
M3F>)^F+MS*'_Z'@;4M#0796! ,2 N*?8YWJ*VE"+=QD^IM8.S#4UO(@BENY/
M>=U,V)5^9]X$_'<4AK+25AH'(1!W) ?"+H0Z2,U>A-B/12,L=]QZFV6@Y1Z7
M+/J/R7P.*Q;8K($_7EW(8I,_L-\=1V4TMH-ZGT#@Q#WC =<S;H )[;X!K5*B
M^P!FJ98[7S)+5R?6R+R<5^B=L7'PRL*4:;"0IX^QR?#9<V=9E+K:3*W_&60
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MN513J@Z%0"B9?APF\_5)$ZBMY!?[^FHP*[>IUO5 ) 'G7<9 OBXJP6K]54:
M8;,?>)-..X$=54<6$B=8 ?$!**31RFS[2!L SA/P$738+#JK4$>]YZNS)H6F
MU^RCG=E,@)9 (*:J=,1+847@UFIS* ?/C=7CJ/Q%8)%>AP<2FP65-@[-"J?Z
M.LWC$^U28VO>[-XFSF*LZ>6<K1,XS3,G"KK;,=AA\S&!@5W/2V]< YMF 5YU
M*DD"$K\$Q-'IN%F-H8* ?AG4!G:(!F1B;IWF?Z<T@T#V&A)(9#4NY6(5+=E
MMS<]J2T*@Q=2G"3;!*+X2_"C/*[->1P)(A"15.2;(-@MQM4>K3 7+RRPXRN;
MN,F\BF(4WT"R"$0(%;E7JAL<: TXR0VIA\$K[VN._.[.7JHHQ_IY)(F(WZK
MN5+5V '60"&HAA3#:&IX%+E3ETVRV5*F%YS'@2 J$3<%O@G40HQKSPW3&G%M
M3#;2W4LXL-.&[F<\-M>*X78Z^V\0;C*&JW=?CTORMP2GX'":AA;E9;&V'T5"
MB%@P51C'UQP!N ]8A@V 6SPB6,?#TJ-G-EF%Q8;/GCM+%2OZTXU?KN!O;GS-
M@,]N$*:_SV6X*KYW%T4)FP#D81)'L>-/7']6=K[:]/>1ORU8<[?U07(^NR>.
M?<#Z<P!<RP(U,Q6KB_.!H0$((MNJ<YF+]QX?G93,P*8^"]P\)6(^5Y&^>.(U
MS*@/6/T.@-M,"ZJQD"[?R 69.%Y>W:VPD-Z'+@RW<+P&]\!JA"#'B03/JVA(
M,YNA%NOT*_.UN&()0+=Y-ZUI&=_Y\ :+RM)@]D8'\IO(,485_; X2[<XIY^I
MW>Y):K.C6-,BMCTYD;\MB[Z<RKN?[8ECQ7*+%>U:K)3>TJG8TI#.YQ"0;28_
M-3CQ.%]#WK4L7'/:6+A&S)]B><>/XRQ:#,[4$>,#O)D5YQQ..2)-?W4?Q-GU
MV=*.&18I AGT6Q;2.96&=.SQL#6U $U.X'Y+HSTEHO[&XKRCD+TY6R ".=VR
M*$^_L2A/9;;IUZ1M\\QL:7P'Q+<W:W7G6\BWEL5I^HW%:43<R4_T/WTH_Z_?
MTE#,ZO)OX7[,?1"Y^+?O/G-"GTWN0S9WD_D#>V5^4E8C>K_$(.=;%J3I-Q:D
MT69?/F5I9.%4ZSNM=;_+>)OR6E2@%/9S.;V)JY(#(@[B_@56/462Q[NV7)^4
M/;UJ&]7JBY,#L[TH]Y%=/&C!YL=C<_6ILXVZO=G%'8-=>/%;^4D,]J5P8"ZB
M=:#0]*[L522T7<Y.1]R#5Q'L1TR![.@5^[+5>_W1G?GNU!W#PU?!?!'XZ2'D
M-&O(>3$>APR5<SA5#- U3P!RN 6K]+9&B%V4O;'L(R9(=O3*-Y.<C3?3*1O'
M^;_N_%R\#V!9[W=:RBA!GK?K +K#KS!MCW<?L'LQ #=9C=JHQ.[\BRA*YFGW
M2!G2)C\+#*)0X;JJ0/G6XQX8]0$;+0-PB\?#VSVP[[9#I&7I&.4#(,)V'<MV
MY.V6E2%KI ">9]KLLQG&W5JJS^8<^UU6[_2?% 5:)$!JC(KP6A8.$!<$K\^'
MCYB/US%X+=[PEII6>-^?J9-^#AG2,L=>?#V_009]Q,RWCLWRY[8Z/@/JEID[
M\L+H&N#URUDLTJO!C[$3QNW4>)M%+>QI?,M*373DI28TP.MG3V8:?^/OT=AO
MY-388'&[FKVV@9@6J"./@7RC1 B18)]S((Q8G_/.&9$ G)!;*E+?0$.UD77G
MS'RI>V<U410:G/-?0<*(6&02OLES0028K+5>T$R,:C#CL-+W@7UZ)5A([+54
M:IGL4U3RZ:'*M;9D&:ZB#OC\\A(=PD [-(TL1'?^^F[=T/_N+QPW'?R .X6?
MV*Q25J./X F%>F!5>"SVC'C(6MXI_,3@1E!GVI::-_4'1[ $M@Z9($0'%8:@
M4_283O2*3#5GQI]0J<(DY%85C^GDM)D6$H98;>XL231)M!>6]<PA<KXCX6&U
M=6,#&5W=,!=2T]YTRE=5(J$V"0_YNJ&$K('K%;I.4YT]L$&WVP19P.Q/^[KY
MEU-2SQ_?& 7([Q"P\(E(4<=1Y[%S[[V6F]$,@\E0:A^N>YC)&0EA$#$)JS._
MCCYN<Z"!CD(6A=HY,WA4$W@>R^K-;%XL*ZGJI?0ND'I.9('58[+ 7U'$K7&O
MP%8::=,:>VXM5C/=V/+6E[64--SXMY 5!"(Y^D(T$N=1YE-KKA4T/G],IF;K
MRZK"5;@F/H6,:)4]LRU"\[-'PJ8:A8P/;/(T'ZNK(BJUVVV&OX1L(!(-U!-@
M<U-GETNMN1W1^,PQ%\GDW%F1TR&=&Q7'0BA$XIUZ0A!IOQX?6G.EH7']-N=(
MUUF)RJ[_U!X;0WRM=<3/A8ZX*;ZTIH1NXX&EYMT,#35'PEIK]I]5-ON7<%MV
M%Z?I0/:GYB-(6JIY\JFM\9R4I555,X5;HT:RE5LS#2^:YMS+M.#[\I1/=&PG
MH5WE=22XM8[@F= 1K !=OTK>82ZLYO;\O:COR:>VV@(IJ^NH;PJ]1K7K0UQ\
M348H]+V)AIPW!-C:N,69)&Y1FR7ZQ14/<Q&G$>)N;!J<?&JKS9**IHEID+(D
MWPRTC1E+FX'A7"V;W4N:O#?5*J4O2F-7X:M@/I040D*E%4[:4.F#ST+^XBD$
MR4O]WL]5T742[ZWCAG\X7E+LSP&K?1PFJ:I_<T)L>?/*[%[Y7%%Y 3M*G$IE
MR4\7T^F=M('/$+>@) Q=?P8/? O\,/_GI1.YTAEC_#NCDZ[>I3_#_+H*8-/&
MJF++M"4W^FLM^W3?5UC\*XZ&V E$&IN2J7C#T.,3A<NMUO7%8I/$"M0J7?ZM
M/![B)Q HJB<]([-B@Q\MFQ?-Z88YA_GRY@F_GG[T:S!A7NGE/,$;2!8!B[\N
M6_GVFASS42V7_#/G,ER[L-O&]Z$[9FI:R7\!B2+@.M1E*E\II9#KW2']N":Z
MS6HO)G"416@;^1;J'($,K:;T0<&0,<C%0YFYEC3QY-1<6N0]"W&9=F;KEL!Y
MZ]_0?4V#(%%*^G<?9';)XG0=ENQ2>@,"J/Z!3:]M@?%WN%KLTD]!JY<7>9R!
M?7/9;M4T8-LB D*O$\>[9E,G\0Q/3H5O(2L.+.JU+683\U:=D[9:A!ZG=-]<
MGE51.1Y!\$'XN&!C[&;Q%#I^Y&1WTU/B)]\C)*;:OEII3(1&,=!F4&SE4U2'
M8[;Z@QZG8M]<\*^H! *Q7P7A(@B=F#V"E)V)XAQ4&PS!4 P9&A14^>2KQ"I;
MS3Z/LZYO+K:I(/U,Z)?,'[_,G?"O6]#7KT$4/S"/O3I^G/WY,4A@H'HSLL*'
MD D48ZD&!:P]6ZNST59QD.-,[C<3'Q)HQI]..,T$/P'"AN$#S!5_%F6_RIPB
M$SNK\F>  8,#CB7UE6))AIAHJT;)<0X/+"92K6,8&9@"DHMX!?0;$]4]K3P.
MXCW@,-) FD!5E4NVJI\<Y^3 X/7[^0)6Y^$4O@?+]C0(YWC1 $_)A_XRGKC6
MBU4:K>S^AM: ".J @T,#\>7^.NRR59_E. ,'YB)#%XM%&+RY<R=F1</I"WME
M7G=)[GKYO?.?@MCQLM_GA!?^+IF99C^$3#C@B-) &%%JA(VV*LL<9[+!OJ92
MS>!;4TOUX$ P,*=K?!(9<\ 1*'$OUH896J,BRG&BUY2YN6!4&M0 T45W?ARD
MJO$$3\OFJ> -((M"]]HF6<Z?9G)^U"A=<9PE]41FL,/O2L;#)%ZNH,K39.L5
M).R XS+B]L E#*EQK?\X46K*S%P,AK,8_@BJ;28_ B3I@",HXO*(,F[D\^.8
M.[/_^6$N0L);!-4FR,8+2-0!1RS$->^D[,BGR#'19?]3Q%SH86,1Q!/5E:2'
MOK)?LOT>DGC 00!QW3$5KN3SYIA6LO]Y8\Z3_\;B[_ EQW/_PR99>2T/.VH]
M!=5]_,IC 10*;<^:%!-_?NER*I]SQS20O<\Y@XW9-J3_V7%]COC50P8:HR&<
M XXFB-NOZ?,JGWG'9(_]SSQS@0:%=5=SXBD-AF ..$0A;MRFS:I\VATS//8_
M[4Q6R@5AL"CMN3?T'Y-PX271MR NJ8,K>@F).^ XAJR)6PE+\NE"HT$/I\SC
MDAU8W'%5VS%OKR[1A8HC(3=:7EMEW[5HJ'2]TI/T[G1IBD>\^EO$BJ;^5^+X
ML1NG?+KSTXQ*_/X#FSGA!# ]O;!'=^;C_5MX\+L?/&,W!<1XYR^2.&W5S<(8
MK&,9SPJI'4/_XF&#87:KM3Y@17"%.I&KYT8GIWI-DPS2*RTZQGD2:2;DPFWS
M4CPA=S&TNWB*KO2Z%C>H/YD[>P'S^P+KZ"M2SWT'</0(;!QB#HOU4(:G6'"@
M=7IEL<3_5]=WY\E<B>J-9Y%N0A;]+D?%>L3#0:%(I[;^:)W)&=(?YTU=?XK/
M(MV$#NIV.2K1'PX."F7Y_G!"-[,),Y_S!FU*L/\NWZ\\)XI2ZS&K*)K^1=9J
MH<Z0HY.>WBFQ&2YL$\:%\*Y4Y;;*4(B:D#[7$)Q8\37X06%=M:<1!D^@=BJD
ME=8\%KR!9!%R0S0XRH^TR>%26)\MKDP6/1<^:?>A.W?"]TOF,T#APH]*)D2U
MP5#VA'P=#:&)UV(M3IA;C2,V_G46O/[F^C#38M2&[O)GU(-N00^RWX[NTO]@
MM$MB=G"?!=KU+KP9HE<Z(05/(\T$K $9/W=52XZ%A.YHRL+@#9&OB1>[64G$
MJ^MAZ2;,>QP)(K #R]G%WV0E<,SML!;TP]S!Z54PG[,0X_OS((QGSHP].^._
MV,3Q)W-D7I0R;SP)YBGSRJTXG?$0$H'@C)SA C.N!EX*]0\M**^Y9)MA_,+"
MW=H=KH*W4?8J$DH@D4;.1KY**D(S%X*V8*Q8=!#6,_[K<L9?IC/^$0\HRY6O
MZC H+0).@5P6DAA,-9@4XB\7XW&08&M03'OY$C@^GD\OC\']V0,;,S<]R[Y\
M7__\!$0IQ"?K#(T^D<4N@IL$*7G]O%<0!8%UU:! ) ?18OP4]-R@1,W=%N''
M"5+QE.[II>]B.@"!M52!F_R=714@B=-E<]IE\;PY71+6="GM[-QW$ <!%T>!
MU>+U3 ;LP!8T<]=&D6D/;)&$XQ<G8F@.N:G]5+Z<E;R)9!*(V2EPDK^8J<&K
M%Z;12!HNRVTTG=BXF==8.U.9!OFCDZ[-HL9;*;F<)-R4VAT&P)\#,/P\-^69
M1H)TG2\ASPB$65NF8N+=RKQH*.QQ+57MGE[++4H\^Z)W2ZKNUY!WA!QF\UK1
M] S>YF2QIOI1([7XV#78E9:WPZ39C>O:H!)C2.%M()=POUE#PN";V.K<:?<-
MB;9/)X,M9H4BOPX\SPEEUV'+7D5""1BHS8JAXD3:9,U!=71MWRPR=["\(F[M
M"6W=YKGS_YLI3J>R,9#T@[/PM@53,J\4>710?5K;-\$L!N)Y*_"?;ORR&V'8
MI'\K>("LD!7\;^ISR#U"X?]F=$/!DS/+3@H)5!]X.;!X:TI7H:)-M*MN3TVN
M"=)O(A\)G>(THR7F%P85GAY44]KV!'HM&@ET,[<.;_,OREL\OPVP[7CJ4D,X
M%K=H.M>[#V^#+<I7//EJL(O"_=/63CISAR,[7Y1,$N'SF*-]< <@16;S8TLR
M7M1+D&Q25*>?S$4Q=SXA38F3O(%D$8A0EK%-40\V,-6S+IIGN\$2J<LVR*N"
M?I\3)W1@:Y!GM:J\BH02,'#+6<G7$$5XU%7%7,XJ+K6O+'S'*K#E>:J<IY$<
M D97.</X"B%&U$ ZJE$=,&=Z7(;,&;\@!TH58/M1(*1#P. H9Q5?^@(X^[ 9
M:HB^8[![1. O6)@F=OIC]N!&?Y6J@.@5)(Q SD YZ_BJ4 *K>/Y 427,F9);
MI[)?W&GYLB!\!TFC:DYN,(^O%&6XBG%GBEK11/$(T>7>1Y"K,U$H_E5M)(1!
MWN#L*!2-J()VJ5=]JGIESO[$;! ,&[/)E1.]W'K!CW(-$KZ#I)&W13M"6[0,
MU^&D,^\_4E?_CM*>ZXH1,*6:D\2N_LOX4,_V^N!Z;[..1/7>";T! 6NQ.4F(
M#W"V>5#/LOS@.F\Q+P%19,2P\8OO_IVH3 #^2XB$@.7;G(QDQYD2AM0SC@F*
M^;1CM0CN-E%*U11$KP&:$P(!02665]&_#704\E0:D)O!4J1.^!>+[T-WS**+
MR;^3"'R:VR#</76)[L/@U9U@\\8_7#9\]MQ9EO1WX4_2BIX+CT7#Z<VS&T^<
M\I*F#7X6&43()B^1(]_!W -_VGV[L(%)92XPNQL>T(B4K(5%R- NX9]JM&0#
M6[LOZ#6@B.9BP?^5!,#UXF(RG,(RL:SRH;2NE&JNL6\@=$)6=(F$^*INFAGM
MOEO7P-PP%\_.1#5/1;5(115,7UWPE5!4SE)4TR"<YJ*:K42U6(H*CR"+KT?N
MW,6;QVI%9_=+!#*/0,1=4<:RV;5';K7[+EL#T\]@*LO-T^I#7X,)\\HS6OAO
M8/,TTG[L!O?XBBV'IG]GZI6%S\$!ZF'7G -\[89LG.W5:FK(?P&):H?3V14Z
MG5)D-&-YM17)G--WR6+'GTP2QYNPJ0.N]VO^V3DRL]P64!L B6Z'0]@5.H25
MD!;/TNOOP<2:ME\%\X7COT>:=1?M=EPG<YEL8//LU%I'O@&E$]@:@A,']S7X
M02'@;U$CK)ZG6NS1.*!T_JHA--D!EP8G*,R"K\Z_@Q"OC4?#Z35[CF%SN_D[
M =K7"94*&X+B*(!;[X[>WK J37?E<1 OH=6_FI3$REX5?TOTW+SLS<5ATL9D
MM^X;1JUC_,[[.K-/L6.;_&T@E\+%(UTV\ST8==P4VKY845&+52Y2;TJK 9SD
M3<1$*(!>51;B1;<<,X7"$U9TV*(Y7:N/85E;OP&%F^&Z$I&8#RJP*=@,Z\U"
ML=+5[@NCDS.]RSU-(+AR8C8+0O<_V0F&BHJ6#X ("2VX0A&(]5$9(SV=;$BB
M@S.+.IL:;5\"?_;$PKFJE:OV,B(CJZL248AU5PDO!<-@3WIKSN-:=X'.\_/+
M3ARY+P!1YX3\*F4N"LX>91@I^%#[4;-SBPW:KMUH$42.]SD,DL7OS,-,&O@G
M^Q;$:0:G'[M^PB;#!0NS%&,EV)JC(B\(G:<K"T^\H-9C!(6;E7N: N;27]>+
MRL:QJO)RN_,6DD?(<U+F9]F:*P)*(>EC3UIG;G\O,/-E/<W+.\M*7@,W@5*/
M;&6.\O5. >E2\<X.7O'./IE+97MRWM*RS8&O4-QE]V$DIF5;;LH]OI()\2U5
MZ_P#J):YY#;@YLT;FR]B9>7:>1P)(G1DJ<Q!H7J)$.;!G$\?0,/,V6I/08R9
M<>I'C_P7D*B666AGXB*H4HRYGAU^U/#,8!G5@O$QG%Z!FQ5X[@2^.OE#Q3=0
M>!O);5DH\$Q<=54=<*Z.'R 8>&X]B*WHSLI?0B0MT]24]65!:P%."D79]A2L
MMMD3L) 4HZJ>W'<01\MV\I3Q8NV4P?PX)X#GYKR2[*A@:U^ZNRG?QN4O(I$M
M\U12KO)W<"6LYHJ8[;7XXJ!^"D0->J7Y1H*GD68">ZZ,G[MJ),=B;NG:ORQZ
MYAS8M)%:N&J8YL13QPU?LS:*95Y%R:M(*(&M4,Y&@?^@!BW7(0/G6_M7HE.+
MA[9_.B%6.%#:GC>>1;H)1'OE7!7;4CPLN1(9L/ M*)'%ZRN%$N>!-_D6Q/_-
MXOLD'+\X44D!H HC($8"5I5< F*%4T>8JZ&!PRL+:F@NTG;OO..2/PU"#S>!
MA9)"E;^(1%*TH#98R-\,E8#E.74&C@\LJ(_ABTGK% 7%NT@[+P!1?0)'YW*6
M\=5%"BA7DU::W3;[46,-P@L_+46(UPS %E7. 9:]BJA(V^CRGM *T'*-:Z6-
M;K/I<AKWN_/'P9S=)F7'Y_*7$ GIS4_>_%@**M<ONT$H3?TR6+3S*@@70>C$
MA6J^I7N?\!TDC?2R)*ZE68:)0G&^_2M:UYR%=<_"!8L3Q[O/N:=XS5#M90SM
MD+:\ND++2QF<P1P,"\%/BWOB5S9QDSG>+0)76O56*^\=Q$%Z1^Q)=T09IERY
M6KDA]LSEM5[!_'/C*JZ@X TDBW3,LR=,9Y4C,IA[8T%3S!T(YT62L$]P%7V1
MOH<DD@Y<]H1GORJX<MTQ<+O.0KS)G-G-+[15OCLIO8NDDC;#3X5FN"JV7(\,
M)-9;6(/,6=57"=B+_OB]TGXE>@=Y2]J&[@EMZ#),N;X8N%QF(9QD\<AWNSB*
MDNW,?PF1D#:(^M)#8"FH/)S42INH;['/7'KLH%":0/@\%J$DO6CUI2WE1'AR
MA>K;K<._?V74Z\@L/M1;'H.J'>AM/(S$D%ZO^"V3I6!RM6IEUHK-?IC?'Y_"
MM$3Z^X4_^1S '/.1-J4U2_HNQI=)KU_REI@JV-J<LZG7_=*4SCV"#C"LU'\?
MX!V3L>,])L\3]]6-E$NBJ V"2$FO=?SNE5H@*;0 M*#(%E/^;H.0N3-_O3Q@
MY46U@VGQFXB)=*2,WZ-2'9FY0E06M,U<9M\#B]P)C.TZWF;)S8L9>OREAIW2
M^T@RZ8,=<9^Z*OA(W+S152ES43,AR[Z!I&MJU=80>/)+VKP3]XFK"-%<^28+
M>0X6K;RK8#YGX7B'RQ5C;JK#(%K2EAZ_99PF3'/7L"THI<T^4X'G@4$=.I[[
M'S9!TZ30[5U1'TM'0(RD+3A^4[GJ",T5&+.@A>8./=>QSFS.JL7D=EY HD@?
M;W:%QYM20.9JA5G0$G/V_M? 9^]94_,*&8*2MY \TK9]5VC;EZ,R6/_+PL&3
MN62<51*EH*F#>HJI=  DFO26U1>FYU0"F,?(K%;!?AR_L$GBL>'T8CP.$C^.
MTD20])8W %BV./5G#ZL;WT_X?R6&B>:HHY.^7K'@5C:XZU.J/%Q/8F(#KAHW
M*!3%)C<C+)[(K?H47[[G1;BR]J\*\T#Z+BR!E.H?UY..) "MP ,*);F;E'/'
M8MQG11NG"_=VZ^WO?O <L? U2XU<)#'\.0"I>VZJD=OHE'J3-?Y]Y"^!2%,5
M75"8+0USBT)IM@^AF2;O :245;L"P'\%"2/@7NQ;$'R'I81)QYFR)P&9"P!^
M"WR-R2)Y"\DCY*CL2QS\^5+.)PH=U,BY,+5/6?9:A+)/J5AH/:[O:K$,,X6V
M;.1TU^*=:NY-+5CO+K/URIVZXU0EA]/L#I>"MZ8S)'*!0'#?C"S%[D<-UIC+
M^3F<B:/78--X/&/UX^\N"T'97MZ_L%?F50ML2 9!#3B(2!:_E:<6,TBY#?M0
M@<' 9C6JG+*E&9PVEMDEMYJSHS(6XB:T+U02EH*F5V !*86WH084UOK4PXM2
M07?4$M_%;P*F,T*KNHX\%#1<B/NCZ_,9A3.+@G1.M/7Y9"U7BN<$%>1139\W
M<5,(REC59YL7DSC2Z6KK<W<M5T)!&AUY5-/G3=S'0 W'?[%H@F_0"F2FY*Y)
M_.+Z["YF\S)W0W481$O(\*XG,_$\J,@."BVF]ZX(IWIE^0RA36MJK):K:S<:
M>P&N?ZMCF#*<I0,@0D*&2T7!2'1;%7G1%+=UD[I5\\&BJ5,XDJPQ*11'0:R$
M3*"*(A+/C&KP*10:.!P;ZMSB9K(^D<1T887@[.X+B(#09E%/#N(9(@1.P<TE
MIM*#3S;M(T5:+]\+=*LI?YVAD2N',$U2V2JZ#WHLHM!AFJP2G?W_[+W;=N,X
MKC_\+OL!NI,XQ[7VC9-*U>3[5\792:I[S54MQ:8=3<M26H=T/$__$9)E2S;/
MHDS0\<U,=95)$3\ ) ""P)'#J'][04I!,]802L4QHCB_!8;P]4% /X9XOT6.
M.MSR&P4]'I(TGR91F#R1F7(=.^EXH _1YBU@@4@2U8CTV_>U*- N?=JV'Z<D
MQ,PQ0 <B?U4 M< W%1#FMR=J45CM=N!^)'5732A+$Y9NCSR?73(2EHDHIUV
MY+8LJI/7[9:(R9%U((9UY447\A;$BZP*;D(0:#M'?YBO1FZFZP]?LCP-QKF
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M?D:+V356=PU<JW_&P:V5L\UEAUH[0E%WP5CP,]MWHM4*ZP"\_8Q8B7OB[AK
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MQ#HJG_(PBOY%HHE4C/O],("$X#:V"X/9PK\3V%C&.;*W_VU41_'ZYV^PCC4
MSZ]0BN0MB!>9_%2T\>P_(^/?9LG[[Q,2@BMR"G\ O3MM>"#TKWY])[,@DOJE
MC%_^&IP>=7Z6K[I*A2?5FS^#]2$X>/C(;6L6AP1[,:&>X7;X_J*I5-6R;C]
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ML":U&(+T/6V&]H*JS$B(5.X$HV!YB)P'*8YL49,3N+]'K<O<C0T55SIIF6.
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M-%IMWF2Y;OJ)/VV;3D1MFR048GCCWZ. N70];-1-/\'T&D@!;('#P:,.0S6
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M4_$R"=_##.KS*@J?RB1 *0)W6,P'D11J$(GB^#051X?I%\LJKFLE_T)>U#9
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M=V/I#B(9"<M$L(UPT&/O&FHD^2(E9L_SV49OD?\3Y"2]R\9RNW?SM[ 4G)+
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MCZ]=0#@"Z62*'_P>E=]YG_;QLU;W<9[XFMX*_)SB8JV>8[X+R#W95*G*4\:
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M+?C:,Y3,P)$!/BO$ .==2MAI*XEX@/>^W;ZN##%\%SH^0\< L=W(UFD_B7B
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MBMP]UO<P)(=<NA.^2R= Y_;KF*W2T=Q);+%8'%[3IO_K=NY/\H>^Q ^**/8
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MGEC,<^(H0@*#TPJP((H+<H7-W[#%P/JS:Y]8M HY,AZ%CYX_O8^21)=^U1X
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M)(T77ECYVUWY*&9>%X8DB@M(T^Y!RQ;#0+K#5UT\&O</\D$48#*D;D&HUY#
MG%XV_JR<T]M;-UY?@SSH[@7EP$:SRL!* _ VBBM.]#HXK;QZF/@14+G-BL2-
M0*BO)$9^!62%*(YHE "B5<6D\%Q<6[8&%LLXL7V65 YD3']*H7K$88.?9U_/
M+"X!NP.ZHOO2/(K73U,IO88I[P 0(IJX7!7P)Z$R1AP'3UUH5"^]DG?7G\!I
M,[S^& 7^%&RC/^]NY-<0Q0UAD(CL3V6ILD\$E+":7=[UB%LF-?DY7J#M\?J_
M0?/'%<(6?ZT(1K!^,K^EJ+\:2XK4&*\P(XOS-8P9P6(HDN<A <58S"?$=:@+
MBWE1/Y[',?&H8;,:AM-OD-(<PMB4UFAA6XKK&,'1IUCJ_-U6!9OC*YTF6X\M
MGFO^>"X>0Z Z@9++*3RE\)R]3/TW/Y&^^UJO$T"*X/13K <1?VN -)]BWB$=
M+9Z>4'>7^/-PNSQ<DQ>UI5/0$C A..T02YQ//#DR#&6C+?#49@70\MUQT$7Y
M\K/D<1VEMH +@7LCEKKHF$V.S=QE1 N<,U?+XHDD_I3V[7O!]RA.Y]Z<%._7
M#^<DG*RD;K)2>Q@R1K]D1Z!LU[@./G/7 "U0RF01"H[('JBF&[)JKPLZ\ %J
M9^184%FB%L0UMTX_UN8ZL)EK&2V7))X<Z*?V/JO6#:!%[9<,Q#F9]6"NZ7SV
MP>AL-2,L@,2 V O\_Y(I&$:5IS,4F2SM 3"B]G$&DO0L581K_IY_,/X:+(X+
MR2OYN4.Q3JB5A3QH (-"[:@,^%5N18#6_+KX8/PRY]=\CT*R^N[%OXBJ8RQI
M!<-#[</P"^W)4941[R\NNBX&Z^<]DOB5P MIL/8/P^G-WYF?KFH02*T#.%%%
M[;;P"^+5 EC2RLG3.YO5[HJ]H:R/.:VD)"E9:K+F@ ZUKR$N?J<(KV2?D\<?
M-@O?W4=>F#R1"?'?H+"$$N68;0 ':G= 7-E.A*DDE]T:B^@O,>A9=)8O,:A4
MDFG2-\@%@2EI6,W\>61"6!B2'Q$3ZJO-:AZZ8W\B\-0& +CV4N]>M2"GV5\#
MV?5@,E9Y8'XFBF6'HOREVQP\TCM_LRN[JRAIRX2 KF'E1^ EMZMS\W.U(CJ7
M-TTL$]/F$:0NFEO/C__T@JPMHV/3/\@'02"A7>V;GZ+[\L-0Z,OY>6KS_2C=
MI=J+XY4?SH4/L)C]$9 4@I!,NSQH85-E"1'%,QN8?5*+-FTE\U-4[)SW.=PC
MZ8'M6=4$?U)PP&.P'INK\<RB_?;=^T\4PXW,9#3;3456>J53UAS0(;*^.,+G
M\TX1'P8>=J!)B_9+HP1':;[?&2)[0U$1 LZJH/T@C+5X\Z62-U63KH*6@ E!
M,EE-%?"Y*H?JLN/9A05KL]9OI3+@Y>JJ*.FPVF&"BD6DV M@161*F- ;?U[4
MDPF&.=(U%TXLGB9N]#PF2[C%%Z_NEJ^>'X/"BU=6BT<%X:6V>0B)VG<A5-NE
MWGFR!N7#DEFAB=*.U]KO@CP1G3#68X$D"ZM%>6$PHGK)17/ILO=1.!^3>#E\
M\_Q@_63BLR?)&),WI(/$]#!3V\HXG&+*(L)0J>1S=E45>JIE,3)GU_."^II:
MTTO2$H:)R-AK6QWL^:4FHZKQ]SG!4$PP<R]/%G<7:L\N43,8(*)P5]N*8$\M
M!0%A.#KKY>RP&9,K%4[]BX0JO&Y@3M(<T"&*SK6M14%83TU0Y@K<?$ZQ'>68
MNZ1:Z7Z8;I*"I!N0J!D,$%&PH6U%L#<@!0%AR%GNY>RPF//Q!PFF*1U(F@>Q
M:FX_XL9P7O)!0A*GPEP1)3%A*%;4TP.IQED"'9?01N0,F9#]X<00(<?@Y:!F
MLT5O93N\)J]K?$7DD9C0ANC0E .?Y6?8>[QE\\+>I1? :S7/"T)L/^12/*^@
M>.EZ]V/84"U:5/LQG.U^_Q"%]#^!FJINO: +BO(<D77%5(&"/RY'J']>\T;B
ME\BZ:=2,R><6LVG&L3>EUN]6-Y+!'WP/XT=T:,(4+I^C/#ANGV\TI*/%C%O^
MFO$8D.F<3(?)MABA]@K+Z MP([+)F4K166KY4/7+TO=BS<5P('"@K:N&IL/5
M=E=%9( SA:]#YEUX50/[ Q+8=BIBQ7-2B:M6/H?1(XK%,T7+IR<'335P_N$L
M!HNNF#H-=W5V@=FQ.A<Z5H= ] /+?5@*+VQ6P_>2Q3"<PO^!](XWNE_EIVOE
MQ6B5<A-*?0!.S'[6A;@,?@V(&&K@6Z.RN2RN[2IQ%_ZUH-;_:O0[)-/G["7Q
MI[X7\WU]Q=8P7,PNTP4W$4L=7+6>O:.,LNCH7*\G[]A[+\;U0&3C9S4!%)C=
MF0NA.R- A*&:O35>VO9?BA&IN"[%ES!FS%[+A=QKV0&R4]O^P['/YN&1"O%*
M51U_P>RG7(@/@*H8=FK>UZ/;:Y3XJ?]&Q@AH=^][+WZ01Z.H/?N<1I-?U("@
MT))U=K<:(56[ >%9]&ZJPZP/K((!D>=24_1\>O.A8KBB:4QU%O?IRRB.H]^0
MG/<CI!+]EGFQ%Z:D^K3!<!X3HA+]J=47X$:TU_,UPV>G#EZWKTT:8[S-DL.;
MLXYGNB;EFMMJ:1P]D=<LGBR\1)J!IMH/Q7N$R,+@:X3/]+I8,12N,,75(YO&
MP?HF-E1(4$Y[8C<")$A-A%U9"ZP!$3 ,3\ C(*OMMWL>O95"]F[U4Q@UHA@G
M7ZXB8A[ P7 %SABIK,8W8__- ]>T,C9I@)/1!G @BG#R)2T*<_)QN7TV;HRI
M%CVIX6029V#[3Z(E&7OO4IH>-@ $Z'TB\3,O7%!N7\PR1E"+CD\>GU9?1?<_
MIZ/'5)>:+U])A/X0DMNGX::H:;/@I#HK][2'WJ,1EX,\1*/_NCN.-",+P7N;
MKV\<#(QN?$$&]QT>HS@G89K&_DN6OQ<QCL!KC<*4ZHL.97X7TO6#)*GJFYA&
M?PPDA]3M4E"X(%35AI0PQ+/<YEKSV^/ZDGLLU]$<E4JZ(*,%8$ T7UI1$']6
M\07B]H&&XY/*8F#F*EHNHU!Y1NU_#J-'%(YI137\Z<21AMM7(AV?2S9#1].I
M#T/V@D?/G]Z%5]ZKG\HO7[); 19$0:16%"6(/PF%XO8AD>,3S&+HZPF*<(1D
M6A:B&DXFV3++*Y%<DYD_\672D'= $1XC"H^UHC[^M%.6C_Z-TL\9V%2%QQ8C
M?!5"Y%%8:@%1]2](F/AOI#@M@+IQ#R0=S<;>N_SHI$YO@!U1I+ 5Q0J/9#2$
MI7^@B",0Z?A4M1@N&<?$2[)XI>S;'38 !'T.EAP+@R5<>6B<@5X4<RHD<YB_
MGW.JB=(L1DL.P=1&#PCZ'#$Y%D9,N/+HS^%M1\=E%F>!;)@-40(Z1#.DIE*4
M3HE%N#$$-\H2OU/B RT&\!_ AD&%#?1//^_I?A;<A*GX]4#&ES_/!LT?FE =
M9?&SPL+F^Y_!^!!PD"^Y0YIQ()B[8=6RN"T&;A]S18!#Y84KI5KOC!:  4'
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M7I"/O?Y<;-H]2 >1=Z>A6/Z<,R0;MZ.1%F>=18^-K>1'$OO1=/\VE@QUC:X
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M-EK4 "^.+1,-BKD T>=%%$PWCXH\1"E1/$41-_YY?G)F+HK#"9S+BO&+FL$
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M,#$W,3(S,2YX<V102P$"% ,4    " #RAF%,:043&"PZ  !"( 0 %
M        @ &9L0< ;6)I+3(P,3<Q,C,Q7V-A;"YX;6Q02P$"% ,4    " #R
MAF%,@: C6=\1 0 7P!, %               @ 'WZP< ;6)I+3(P,3<Q,C,Q
M7V1E9BYX;6Q02P$"% ,4    " #RAF%,X7E$UG3J 0"O 1T %
M    @ $(_@@ ;6)I+3(P,3<Q,C,Q7VQA8BYX;6Q02P$"% ,4    " #RAF%,
M@K"JGCQ? 0#5*1H %               @ &NZ H ;6)I+3(P,3<Q,C,Q7W!R
;92YX;6Q02P4&      8 !@"$ 0  '$@,

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
